The sesame seed market size in Thailand stood at 5.5 thousand metric tons in 2023. Forecasted data from 2024-2028 indicates a steady volume of 5.0 thousand metric tons for 2024-2026, followed by a decline to 4.0 thousand metric tons in 2027-2028. Year-on-year variations show a consistent volume from 2024 to 2026 with a notable drop of 20% starting in 2027. The compound annual growth rate (CAGR) from 2024 to 2028 reflects a downward trend.
Future trends to monitor include:
- Changes in global sesame seed prices affecting local production costs.
- Shifts in consumer preferences toward healthier foods potentially driving demand.
- Agricultural innovations and climate change impacting yield and quality.
- Trade policies and export market dynamics influencing market stability.
