.webp)
The worldwide sesame meal industry is expected to grow remarkably in the next several years, driven by expanding use cases in the food sector. The health sector is also anticipated to present lucrative opportunities for suppliers, considering the wide health benefits such as high protein sources for poultry, and high levels of Sulphur- containing amino acids for human food. It is expected to rise due to the growing demand in the agricultural sector.
It aids in the management of numerous medical disorders, including diabetes, heart disease, and excessive cholesterol. It is a by-product of oil extraction and is also known as sesame oil. The type of sesame seeds utilized and the processing technique determine the meal's composition. High-grade protein that is abundant in methionine, cysteine, leucine, and arginine is present in the meal. It is given to livestock and dairy cattle, possibly resulting in the production of soft butter. For animals, particularly fowl, it serves as a valuable source of protein. Due to the large concentration of amino acids that contain sulphur, it is important in human meals.
According to a research study by Business Research Insights, the global market for sesame meals is projected to rise at a CAGR of 2.8% during 2022-2027. In 2020, the market value stood at USD 1,019.1 million.
Business Research Insights Presents the Top 5 Prominent Players in the Sesame Meal Industry
1. Zhengkang Oil [China]
Zhejiang Shangyu Zhengkang Chemicals Co.,Ltd. is the provincial key welfare enterprise and the technology chemical enterprise with science, development, production, and operation. The company is located in Daoxu town of Shangyu city in Zhejiang province.
2. ASB Group [India]
ASB Group of Companies established in 1996, are one of the Flagship Groups in India engaged in Manufacturing & Export of a comprehensive range of Packaging materials and Agro Products. Our portfolio consists of ROPP Caps, Crown Caps, Plastic Closures for CSD & Food Products, EPE Liner, Glass Bottles, Lug Caps, Glass Bottles, Indian Basmati & Non-Basmati Rice, Indian Yellow Corn, and so on.
3. HL Agro [India]
HL Agro is a top-notch quality wide-awake industrial entity & preferred exporter of sesame seeds & corn products hailing from India. The manufacturing units of sesame seeds and cornstarch & derivatives are built on the norms of Good Manufacturing Practices.
4. Suminter India Organics [India]
Suminter India Organics was built on the idea of creating an efficient bridge between small farmers in India and buyers across the world seeking high-quality organic & natural produce. Suminter is directly working with 20,000 farmers across nine Indian states, in 110,000 acres of certified agriculture land to procure organic & natural produce.
5. Hydrocolloids Inc [Philippines]
It was pioneered in 1960. W Hydrocolloids, Inc. also offers improvement of current and existing products by conducting thorough research studies that will pioneer an extension application based on the current market trends.
Major Challenges Posed by COVID-19 Pandemic
The COVID-19 pandemic considerably impacted the global sesame meal industry between 2020 and 2021. Restrictions imposed by the respective governments, including lockdowns and travel bans, led to major disruptions in the chemicals sector. Widespread delays were witnessed owing to supply chain and logistics uncertainty. Many chemicals manufacturing plants were seen suspending production operations temporarily owing to a lack of raw materials and shortage of workforce.
With key end-use industries experiencing unprecedented disruption, the demand for sesame meals dropped considerably. For instance, the halt of operations in the extraction of oil also inflicted a visible impact on the demand for sesame oil. However, despite these impacts, the global market is slated to recover strongly in the forthcoming years, following the ease of COVID-19 restrictions and growing investments by leading market players.
Major Upcoming Trends in the Industry
It is predicted that the market will develop as internet retail becomes more common. The market for sesame meal derivative goods is anticipated to increase as people become more aware of the advantages of sesame meals. Sales of the product are anticipated to result from its online accessibility. New alloys are anticipated to open up new opportunities for market share expansion. Farmers will have easier access to the commodity and will be able to purchase it at more affordable prices. It will get rid of the middlemen, increasing farmer income and allowing for the feeding of livestock and poultry.