The sesame seed market in the US stood at 7.0 thousand metric tons in 2023. Forecasts suggest a significant decline in volume over the next five years, decreasing to 6.0 thousand metric tons in 2024, 4.0 in 2025, 3.0 in 2026, 1.0 in 2027, and reaching 0.0 thousand metric tons by 2028. This indicates a drastic reduction year-on-year, highlighting a trend towards minimal or no market presence.
Year-on-year variations reflect a declining trend with notable reductions of approximately 33% from 2024 to 2025 and 25% from 2025 to 2026, followed by a steep 67% drop in 2027. By 2028, the forecast predicts a complete market displacement. The Compound Annual Growth Rate (CAGR) over the last five years shows a negative trend, emphasizing the average annual contraction of the market size.
Future trends to watch for include potential market exits and the reevaluation of sesame seed import and production strategies. External factors such as changing dietary preferences, substitute product competition, and agricultural challenges may also influence these projections.