Sesame Oil Market

Global Market Study on Sesame Oil: Rapidly Rising Demand for Salad Oils Benefitting Market Growth

Sesame Oil Market Segmented By Organic and Conventional Sesame Oil from White, Black and Brown Sesame Seeds with Cold Pressed and Refined Sesame Oil

Market Snapshot

As per Persistence Market Research’s projections, the global sesame oil market is anticipated to expand at a value CAGR of around 5.5% over the 2021-2031 forecast period, to reach a valuation of US$ 10.7 Bn.

Sesame oil is widely used in the food industry for various food preparations such as baked goods and margarine manufacturing, and is also preferred in salad dressings and spreads such as hummus in its raw state, and as such, the food processing industry accounts for around 30% value market share.

Find Out More about the Report Coverage

Companies

  • Chee Seng Oil Factory Pte Ltd.
  • Premier Oil Mills
  • Archer Daniels Midland Company
  • HAIN CELESTIAL GROUP
  • Kadoya Sesame Mills Inc
  • IWAI SESAME OIL Co.,Ltd.
  • Yamada Sesame Oil Manufacturing Company
  • Connoils
  • Ernesto Ventós S.A.
  • Oh Aik Guan Food Industrial Pte Ltd.
  • La Tourangelle, Inc.
  • Others (On Additional Request)

Key Insights Offered in Sesame Oil Industry Survey

  • Market estimates and forecast 2016-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, country-wise, and region-wise analysis
  • Competition mapping and benchmarking
  • Brand share and market share analysis
  • Key product innovations and regulatory climate
  • COVID-19 Impact on sesame oil sales and how to navigate
  • Recommendation on key winning strategies

Customize this Report

Explore Intelligence Tailored to Your Business Goals.

Sales Analysis of Sesame Oil from 2016 to 2020 Vs Market Outlook for 2021 to 2031

From 2016-2020, the market for sesame oil experienced a value growth of 5.2%. Sales of sesame oil were high in the food processing industry, accounting for around 30% market share. Sesame oil is widely used in dressings & sauces. Easy storing capacity and longer shelf life drive its usage in these applications.

There is increasing use of sesame oil in the food service industry owing to its high nutritional value and wide range of application in different dishes. The trend of organic consumption is also expected to propel demand for sesame oil.

Market revenue for sesame oil is anticipated to reach around US$ 10.7 Bn by the end of 2031, with the market expanding at a high CAGR of around 5.5% through 2031.

Sesame oil consumption is steadily rising around the world owing to shifting consumer habits and rising health consciousness. Consumers nowadays favor products with high nutritional value. As a result, sesame seed oil is seeing increased demand due to its nutritious qualities, which include vitamins, minerals, fiber, good fats, and protein.

Market Research Methodology - Perfected through Years of Diligence

A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

Get actionable insights on Ship Repair And Maintenance Services Market

How is Growing Consumer Preference for Organic Products Benefiting Sesame oil Manufacturers?

Sales of organic sesame oil are expected to expand at 6.8% CAGR through 2031, owing to increasing number of health-conscious consumers opting for healthy food products with natural and non-GMO ingredients.

Recent studies have indicated that organic products have a positive impact on the health of consumers. Organic sesame oil has been witnessing increasing demand owing to substantially higher levels of antioxidants and very low or no pesticide traces.

Sesame oil is extensively used in Southeast Asian cuisines as a cooking oil, as well as a gourmet oil in salad dressings. It can also be used in cosmetics and other health and wellness products. It's becoming increasingly popular across Europe of late, where it's sold as a high-quality oil.

sesame-oil-market-nature

Explore Persistence Market Research’s expertise in promulgation of the business !

How is Growth of Cosmetic & Personal Care Industry Benefitting Sesame Oil Suppliers?

Sesame oil is used in a variety of cosmetic products, including hair serums, hair oils, lotions, and conditioners. It is frequently used in the premium cosmetics industry where demand is skyrocketing.

Growing awareness of the benefits of sesame oil in skin and hair products as well as increased acceptance of sesame oil in various cosmetics items are likely to propel the global market forward over the coming years.

Consumers are gradually adopting new trends such as nutritional and sustainable diets. Consumer understanding of the necessity of living a healthy lifestyle is leading people to choose more sustainable food products. Furthermore, due to increasing negative view of animal-based food items, people are emphasizing on sustainable diets.

Is Increasing Organic Vegetable Oil Demand Driving Sales of Sesame Oil?

New trends such as nutritional and sustainable diets are gradually being adopted by consumers. People are opting for more sustainable food products as they become aware of the importance of a healthy lifestyle. People are also stressing on sustainable diets as a result of growing unfavorable attitude toward animal-based foods.

Organic products are becoming more popular as people become more health-conscious. Organic products provide more health benefits than synthetic alternatives. Growing awareness of organic products is the primary driving force behind the organic oil industry's expansion. Sesame oil is ideal for use in cold preparation foods such as salad dressings or marinades, or use for light sautéing at medium temperature.

What are the Challenges Faced by Sesame Oil Manufacturers?

Various substitutes such as soybean oil, peanut oil, coconut oil, sunflower oil, canola oil, and many others are predominantly available across the world. These products are potential substitutes for sesame oil, as they have been available in the market for a longer time and have gained immense popularity and trust among consumers. This factor is expected to restrain market growth to some extent.

Country-wise Insights

Why Does the U.K. Account for a Prominent Share of Sesame Oil Consumption?

The U.K. holds a prominent value market share of around 27.5% in Europe. The U.K. largely imports sesame oil from major sesame oil producing countries for further processing into various food products.

Sesame oil is in high demand throughout Europe. The greatest market is the United Kingdom, but customers in France are increasingly sourcing straight from underdeveloped countries.

Growing tourism sector and rising number of food service outlets offering Asian cuisines in the U.K are other factors behind increased demand for sesame oil. Also, rising popularity of organic products is further fueling demand for sesame oil products from the retail/household sector.

What is Market Scenario for Sesame Oil in Germany?

Germany accounts for around 16% market share in Europe. Mexico is Germany's most major supplier, with China and Thailand coming in second and third, respectively. Germany will be an appealing market for organic sesame seed oil exporters.

Why is Demand for Sesame Oil Surging across the U.S?

The market in the U.S. is expected to expand at a value CAGR of 5.6%. Sesame oil is classified as a specialty product in North America, owing to its scarcity in the region. Some regions frequently import products and re brand them. As a result, the market in the United States and Canada has a high number of importers and trading companies.

The United States is a significant importer of sesame oil. Due to the rising Asian population in the country, exotic spices and oils are being used more frequently to compensate for decreased salt and fat levels in dishes.

Consumers' shifting attitude toward a healthy lifestyle that includes nutritional elements in their diets is expected to drive demand for sesame oil over the coming years. Furthermore, due to increased demand for plant-based food and beverage items, the country's massive population will aid the sesame oil business in flourishing.

Category-wise Insights

Why is Demand for Cold Pressed Sesame Oil Rapidly Rising?

Cold pressed sesame oil holds around 70% of the value share. As a healthful oil, cold pressed sesame oil has a unique attraction. It has fewer saturated fats and other helpful components, including vitamins and minerals, making it a healthier alternative to traditional cooking oils.

Consumers are becoming more cautious regarding healthy eating habits, and are now focused on consuming nutritionally rich items. This has led manufacturers to increasingly expand the production of sesame-based products.

Why is Organic Sesame Oil Gaining Immense Popularity among Consumers?

Demand for organic sesame oil is expected to expand at a CAGR of 10%. Changes in consumer food preferences are expected to have an influence on food and beverage manufacturers to develop innovative products by incorporating sesame oil products in their portfolios.

Sesame oil is utilized as an indirect food additive in the form of resinous polymeric coatings that are applied to the food-contact surfaces of products that are used for producing, manufacturing, packing, processing, preparing, treating, packaging, transporting, or holding food. Soap has traditionally been made with sesame oil.

What Has Been the Impact of COVID-19 on Sales of Sesame Oil?

COVID-19 has impacted both, the demand and sales of sesame oil, with supply chain disruptions and import and export restrictions. There has been a sudden surge in demand for products with high nutritional value, which created a mild demand-supply gap in the first two quarters of 2020. However, manufacturers soon caught up with the elevated demand. With disrupted distribution, manufacturers also increased their distribution reach to online channels.

Competition Landscape

Persistence Market Research has profiled prominent sesame oil manufacturers in its report. Manufacturers are expected to witness demand majorly from South Asia and East Asia. They are focusing on increasing production capacity as well as research & development activities involving sesame oil for the development of innovative products.

Companies such as HAIN CELESTIAL GROUP, Premier Oil Mills, OLVEA Vegetable Oils LLC, and others are focusing on offering high quality sesame oil products for various end-use industries.

Sesame Oil Market Report Scope

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

  • US$ Mn for Value
  • Tons Units for Volume

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East & Africa

Key Countries Covered

  • US
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Poland
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Malaysia
  • Vietnam
  • Indonesia
  • Australia
  • New Zealand
  • GCC Countries
  • South Africa

Key Market Segments Covered

  • Nature
  • Type
  • Source
  • End Use
  • Distribution Channel
  • Region

Key Companies Profiled

  • Archer Daniels Midland Company
  • HAIN CELESTIAL GROUP
  • Premier Oil Mills
  • Kadoya Sesame Mills Inc
  • IWAI SESAME OIL Co., Ltd.
  • Yamada Sesame Oil Manufacturing Company
  • Connoils
  • Ernesto Ventós S.A.
  • Oh Aik Guan Food Industrial Pte Ltd.
  • La Tourangelle, Inc.
  • Gustav Heess GmbH
  • Bob’s Red Mill Natural Foods
  • Olam International
  • Awam Group of Companies
  • Midtrans Group of Companies
  • OLVEA Vegetable Oils
  • NOW Foods
  • Wildly Organic
  • Haitoglou Bros S.A

Customization & Pricing

Available upon Request

Key Segments Covered in Sesame Oil Industry Research

Nature

  • Organic Sesame Oil
  • Conventional Sesame Oil

Product

  • White Sesame Seeds
  • Black Sesame Seeds
  • Brown Sesame Seeds

Type

  • Cold Pressed Sesame Oil
  • Refined Sesame Oil

End Use

  • Sesame Oil for Food Processing Industry
    • Bakery
    • Sauce & Dressings
    • Snacks & Meals
    • Others
  • Sesame Oil for Pharmaceutical/Nutraceuticals
  • Sesame Oil for Cosmetic & Personal Care Industry
  • Sesame Oil for Food service Industry
  • Sesame Oil for Retail/Household Use

Distribution Channel

  • Business to Business Sales of Sesame Oil
  • Business to Consumer Sales of Sesame Oil
    • Sesame Oil Sold at Hypermarkets/Supermarkets
    • Sesame Oil Sold at Specialty Stores
    • Sesame Oil Sold at Convenience Stores
    • Online Retail of Sesame Oil

Enquiry before Buying

  • Is the research conducted by Persistence Market Research?

    Yes, the report has been compiled by expert analysts of Persistence Market Research, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

  • What research methodology is followed by Persistence Market Research?

    Persistence Market Research follows a methodology that encompasses a demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

  • Who are the respondents for primary research?

    Persistence Market Research speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

  • What are the sources of secondary research?

    Persistence Market Research conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

  • Is a sample of this report available for evaluation?

    Yes, you can request a sample, and it will be sent to you through an email.

  • How can I buy this report?

    Persistence Market Research provides a secure online payment system to buy reports seamlessly. You can buy the report securely and safely.

Media Release

- FAQs -

The global sesame oil market is currently valued at around US$ 6.2 Bn.
Increasing health-conscious consumers, rise in sales of salad oil, and growing modern trade channels are leading to increased sales of sesame oil.
From 2016 to 2020, demand for sesame oil increased at a CAGR of 5.2%.
Sales of sesame oil are projected to increase at 5.5% CAGR and be valued at US$ 10.7 Bn by 2031.
Consumer preference for GMO-free, gluten-free, and cholesterol-free products is rising, which bodes well for sesame oil manufacturers.
Gustav Heess, Kadoya Sesame Mills Inc., Premier Oil Mills, Olam International Ltd., and Dipasa Group are the top 5 sesame oil manufacturers accounting for around 30% market share.
The market for sesame oil in the U.K. is progressing at around 5.4% CAGR, giving the country a 27.5% share in the European market.
The United States, United Kingdom, France, Canada, and China are the major demand centers for sesame oil.
China, Myanmar, India, Nigeria, and Japan are key producers of sesame oil.
Nigeria, Japan, India, China, and Mexico are key exporting countries of sesame oil.
The market in Japan is currently valued at US$ 441 Mn, while that in South Korea stands at US$ 113 Mn.
The global sesame oil market is currently valued at around US$ 6.2 Bn.
Increasing health-conscious consumers, rise in sales of salad oil, and growing modern trade channels are leading to increased sales of sesame oil.
From 2016 to 2020, demand for sesame oil increased at a CAGR of 5.2%.
Sales of sesame oil are projected to increase at 5.5% CAGR and be valued at US$ 10.7 Bn by 2031.
Consumer preference for GMO-free, gluten-free, and cholesterol-free products is rising, which bodes well for sesame oil manufacturers.
Gustav Heess, Kadoya Sesame Mills Inc., Premier Oil Mills, Olam International Ltd., and Dipasa Group are the top 5 sesame oil manufacturers accounting for around 30% market share.
The market for sesame oil in the U.K. is progressing at around 5.4% CAGR, giving the country a 27.5% share in the European market.
The United States, United Kingdom, France, Canada, and China are the major demand centers for sesame oil.
China, Myanmar, India, Nigeria, and Japan are key producers of sesame oil.
Nigeria, Japan, India, China, and Mexico are key exporting countries of sesame oil.
The market in Japan is currently valued at US$ 441 Mn, while that in South Korea stands at US$ 113 Mn.

Recommendations

Hop Extracts Market

Hop Extracts is a brewing component used commonly in making beer for commercial and personal purposes..

Karaya Gum Market

As per PMR's study report, Global Karaya Gum Market is expected to represent the highest CAGR of 3.5% and is also anticipated to gain 63 BPS during 2017-2025.

Novel Sweeteners Market

Global Food & beverages industry is likely to emerge as the biggest user of novel sweeteners, it is estimated to exceed US$ 822.3 million revenue towards 2026 end.

Walnut Oil Market

In terms of global value, the walnut oil market is projected to exhibit a promising CAGR of 5.1% over the forecast period, due to various factors, regarding which, PMR offers key insights in detail..

Our Clients

Our Clients