The South American sesame seed market showed fluctuating trends from 2014 to 2023, beginning at 21.0 Thousand Metric Tons in 2014 and rising to 26.0 Thousand Metric Tons in 2023. Over the past two years, the market experienced a year-on-year growth rate of 4%, with a CAGR of 0.79% over the last 5 years. The forecast from 2024 to 2028 predicts a continued growth with a forecasted 5-year CAGR of 0.76%, reaching 27.0 Thousand Metric Tons by 2028, reflecting a forecasted 5-year growth rate of 3.85%.
Future trends to watch for include:
- Improving agricultural practices and technology adoption.
- Expanding global demand for sesame seeds due to health and dietary trends.
- Potential market expansion in emerging economies within South America.
