The Sesame Oil Market is expected to grow from its present value of US$ 4.12 billion to US$ 7.29 billion by the end of 2032, at a CAGR of 5.9%. Sesame oil is sold in large quantities in Tanzania, China, Japan, the United States, India, and Germany.
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The sesame oil market experienced compound annual value-based growth rate (CAGR) of 4.3% over the preceding five-year period (2017–2021).
The demand for sesame oil is being driven by the availability of specialty fats, oils, and oil blends by top producers as well as the rise in fortified edible oil consumption among customers who care about their health. Additionally, consumers are becoming more aware of the product’s advantages for their skin and health, which is advantageous for market participants.
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Category-wise Insights
Which End Use of Sesame Oil Accounts for High Revenue Generation?
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- Based on end use, the market for sesame oil is segmented into the food processing industry, food service industry, pharmaceuticals/nutraceuticals, cosmetics & personal care, and retail/household, in which, sesame oil is prominently used in the global food processing industry.
- The market volume share of food processing in the sesame oil industry is around 35.9%, which is projected to reach 747,184 tons by the end of 2032 in the global market.
Why are Sales of Refined Sesame Oil Higher across the World?
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- Based on type, the sesame oil market is segmented into cold pressed sesame oil and refined sesame oil. Among these, refined sesame oil holds a major value share in the global market at 74.1% in 2022, as the refined form has a very light, barely noticeable flavor and is utilized in several types of bakery products.
- The refined sesame oil segment is valued at US$ 3.05 Bn in 2022.
Companies
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- Archer Daniel Midland Company
- Chee Seng Oil Factory Pte Ltd.
- ConnOils LLC
- Dipasa Group
- Ernesto Ventós S.A.
- Fytel Edible Oils Ltd
- Gustav Heess
- Haitoglou Bros S.A.
- Iwai Sesame Oil Co., Ltd.
- Kadoya Sesame Mills Inc.
- La Tourangelle, Inc.
- Midtrans International
- Now Foods
- Oh Aik Guan Food Industrial Pte Ltd
- Olivado
- OLVEA
- Sesajal S.A de C.V.
- The Hain Celestial Group
- Wildly Organic
- Yamada Sesame Oil Manufacturing Company
- Dipasa USA, Inc.
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Sesame Oil Market Industry Research by Category
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- Sesame Oil Market By Nature: Organic, Conventional
- Sesame Oil Market By Source: White Sesame Seeds, Black Sesame Seeds, Brown Sesame Seeds
- Sesame Oil Market By Type: Cold Pressed Oil, Refined Oil
- Sesame Oil Market By End Use: Food Processing : Bakery, Sauces and Dressings, Snacks & Meals, Others
- Foodservice/HoReCa
- Pharmaceuticals/Nutraceuticals
- Cosmetics & Personal Care
- Household/Retail
- Sesame Oil Market By Distribution Channel: Business to Business, Business to Consumer : Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online Retails
- Sesame Oil Market By Region: North America, Latin America, Europe, South Asia & Pacific, East Asia, Middle East and Africa
FAQ’S:
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- What is the Forecasted value for the sesame oil market for 2032?
- What is the demand outlook for sesame oil?
- At what rate did the sesame oil market expand over the past years?
- What is the European Sesame oil market stance?
- What are the statistics for the U.S. & Russia sesame oil market?
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