The Europe sesame seeds market is likely to witness considerable growth in the coming years due to recent scientific advancements in seed cultivation methods across Europe. According to a report published by Fortune Business Insights, titled “Sesame Seed Market: Europe Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 445.9 Million in 2018. Fortune Business Insights has predicted that the market will reach US$ 638 Million by the end of 2026, thereby exhibiting a CAGR of 4.73%.
The properties of sesame seeds to add flavour as well as nutritional content to several types of foods have created a huge demand for the product across Europe. Uses of sesame seeds oil due to the rancidity property have fuelled the demand for the products. Sesame seeds are loaded with several healthy nutrients such as copper, zinc, magnesium, and calcium. Besides, sesame seeds are a rich source of special digestive fibres that aid the body digestion processes. The ability of sesame seeds to regulate several digestive processes as well as enhance blood flow and respiratory system has led to a rising emphasis on the research and development of these products in this region. Fortune Business Insights has predicted that due to the exceptional health benefiting properties, the existing market companies will be able to generate substantial sesame seeds market revenue.
Weather Fluctuations and Increasing Consumption in Producing Countries May Disrupt the Balance of Sesame Seed Supplies
India and African countries are major suppliers of sesame seed to European countries. In these countries, sesame crop is neglected crop and grown mostly in low fertile lands. Low productivity and weather fluctuations (especially drought) severely affect the production and further increasing consumption of sesame seed in domestic markets of producing countries is further creating shortage of sesame seeds supplies to export markets. Countries in Europe are totally dependent on the imports of sesame seeds and sesame seed-derived products and India and Nigeria are the major exporters of sesame seed to European countries.
The Europe sesame seeds market companies are actively engaged in research and development of nutrient-rich sesame seeds. The presence of several renowned companies in Europe has caused competitors to adopt strategies that will help them gain a competitive edge over its market counterparts. Fortune Business Insights has highlighted a few of the companies that have adopted some exceptional business strategies, that have not only helped the business expansions but have directly had a positive impact on the overall Europe sesame seeds market.
The report provides an elaborative analysis of the market dynamics and competitive landscape. Various key insights provided in the report are the overview of related markets, recent industry developments such as mergers & acquisitions, new product innovations and launches, the regulatory scenario in key countries, and key industry trends.
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