The global Sesame Seed Oil Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.3% during the review period (2022 to 2027)
Sesame oil is being used as an imperative ingredient in margarine, as well as salad dressings, for cooking purposes, and in certain skin softening and cosmetic products.The fear of low realization, associated with outcomes of sowing sesame seeds, has shifted the focus of governments in considering approval of sesame oil exports. These incidences will further influence the growth of the sesame oil market across the globe.Consumption of sesame oil has gained an uptick, owing to its utilization in various products along with food. A major factor sustaining the growth of the sesame oil market across the globe is the use of sesame oil in different cuisines, beauty products, Ayurveda, and various massage oils.Sesame oil is also well known for its benefits regarding the health of hair and skin. Owing to its aforementioned benefits, the production of sesame oil has been witnessing a hike over the past few years, which in turn will impact the growth of the sesame oil market in the upcoming years.Products in the global sesame oil market are highly rich in antioxidants and therefore stand as a healthier alternative to the more commonly used vegetable oil. Rising usage of the sesame oil for cooking among health conscious population is also expected to foster the growing global sesame oil market in years to come. On the other hand, over consumption of the sesame oil can cause potential risks to human health such as diverticulitis, allergic reactions, and colon cancer.
Industry News:
In 2021, Dipasa Group entered into a collaboration with plant–based nutrition company, Equinon, to launch a variety of protein-rich sesame seeds. This partnership brought two giants companies together to develop a first-of-its-kind higher-protein sesame seed with an alternative to conventional plan-based variety with functional ingredients.
Lee Kum Kee Jining Production Line Launched
The Opening Ceremony of Lee Kum Kee (Jining) Food Co., Ltd. was officially held on 15 November. Lee Kum Kee Sauce Group Chairman Mr. Charlie Lee, the management team and guests gathered to witness the latest addition to the five existing Production Bases in Hong Kong, Xinhui, Huangpu, Los Angeles and Kuala Lumpur.
Sesame Seed Oil Market is segmented based on the type, applications, companies and regions.
By Type, Sesame Seed Oil Market has been segmented into
By Application on Sesame Seed Oil Market are,
The report offers in-depth assessment of the growth and other aspects of the Sesame Seed Oil Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Europe will remain the most lucrative region for the sesame oil market. Revenues from sales of sesame oil in Europe will account for over one-fourth share of the market from 2017 to 2022. Asia Pacific excluding Japan (APEJ) is estimated to be the second-largest market for sesame oil by 2022-end.In the Asia Pacific countries such as China and India creating high demand for the oil in both cooking oil and cosmetics segments. Some of the major importers of the oil are the U.S., Australia, Vietnam, Japan and U.K. European countries including Belgium, Germany and the U.K are also expected to gain significant market share due to the rising popularity for its use in dressing in culinary and meat preparations.
Report Attributes | Report Details |
Report Title | Sesame Seed Oil Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Wilmar International, Anhui Yanzhuang, Kadoya, Shandong Ruifu |
Forecast Period 2022 to 2028 CAGR | CAGR of 5.3% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Wilmar International, Anhui Yanzhuang, Kadoya, Shandong Ruifu, Lee Kum Kee, China Agri-Industries, Shandong Luhua Group, Shanghai Totole Food, BGG, Takemoto Oil & Fat, Henan Dingzhi, Kuki Sangyo, Flavor Full, Chee Seng Oil Factory, Thiagarajan Agro Products, Dipasa, Yamada Sesame Oil, Iwai Sesame Oil and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 123 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Sesame Seed Oil Market is studied from 2017 - 2027.
What is the growth rate of Sesame Seed Oil Market?
The Sesame Seed Oil Market is growing at a CAGR of 5.3% over the next 5 years.
What regions does this Sesame Seed Oil Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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