Africa's sesame seed market to grow at 1.8% CAGR, reaching $4.6B by 2035, driven by rising regional demand.

Key Findings African sesame seed market driven by rising domestic demand Consumption growth trend expected to continue for the next ten years Market volume forecast to reach 2.8 million tons by 2035 Market value projected to hit $4.6 billion (nominal prices) by 2035 Volume growth to decelerate to a +0.8% CAGR while value grows at a +1.8% CAGR 

Market Forecast 

Driven by increasing demand for sesame seed in Africa, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.8% for the period from 2024 to 2035, which is projected to bring the market volume to 2.8M tons by the end of 2035. 

Consumption Africa's 

Consumption of Sesame Seed Sesame seed consumption contracted slightly to 2.6M tons in 2024, waning by -4.1% against the previous year's figure. The total consumption volume increased at an average annual rate of +2.2% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, consumption attained the maximum volume at 3.1M tons in 2019; however, from 2020 to 2024, consumption remained at a lower figure. 

Production Africa's 

Production of Sesame Seed Sesame seed production shrank to 3.8M tons in 2024, stabilizing at the year before. The total output volume increased at an average annual rate of +2.7% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 21% against the previous year. As a result, production attained the peak volume of 4.6M tons. From 2020 to 2024, production growth remained at a lower figure. The general positive trend in terms output was largely conditioned by a temperate expansion of the harvested area and a relatively flat trend pattern in yield figures.