Nigeria pushes for sesame export

Published 2021년 4월 14일

Tridge summary

The global sesame seeds market is expected to grow to $17.77 billion by 2025, driven by the product's popularity in food and its use as an antioxidant in pharmaceuticals. With over 80% of the world's production, the market is dominated by countries like Myanmar, India, and China, and there is increasing production in Africa. However, the market faces challenges such as price fluctuations, contamination issues, and other logistical and agricultural challenges. Nigeria, the seventh-largest exporter, is working to increase production and has received organic certification, with potential for more financial support from the government. The market includes various types of sesame seeds, and there is growing demand in Europe, particularly in Germany and Greece, due to the interest in ethnic foods and vegan products.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The report by the United States-based market research and consulting firm, Hexa Research, has said it all: Global sesame seeds market size is expected to hit $17.77 billion by 2025. It noted that the popularity of the seeds as an ingredient in many foods was key in the market. Increased application of the product as an anti-oxidant in various pharmaceutical formulations is expected to drive the market. Sesame Seed Market Report The world sesame seed production is estimated at 4. 8 million tonnes; with 10 countries – Myanmar, India, China, Tanzania, Sudan, Ethiopia, Nigeria, Burkina Faso, Uganda, and Niger – accounting for over 80 per cent of it. Africa, it noted, accounts for over 45 per cent of the crop, and in the last 10 years has become as a fast-growing supplier of sesame seed in the world market. Of the global production, over two million tons are exported yearly mainly to China (one million tonnes), Japan (150,000 tonnes), Turkey (150,000 tonnes), European Union (150,000 ...

Source: Thenationonlineng