Sesame Oil Market

Market Study on Sesame Oil: B2B Sales to Remain Prominent Over Coming Years

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

Sesame Oil Market Outlook (2022-2032)

The global sesame oil market is forecasted to expand at a CAGR of 5.9% and increase from its current size of US$ 4.12 Bn to US$ 7.29 Bn by the end of 2032.

China, Japan, the U.S, India, Germany, and Tanzania are major markets for sesame oil.

Sesame Oil Market Size (2022E)

US$ 4.12 Bn

Projected Sales of Sesame Oil (2032F)

US$ 7.29 Bn

Value CAGR (2022-2032)

5.9%

Value Share of Top 5 Countries (2022E)

57.4%

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Companies

  • 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.

Sesame Oil Consumption Analysis (2017-2021) Vs. Market Estimations (2022-2032)

During the historical period (2017-2021), the sesame oil market registered a compounded annual value-based growth rate (CAGR) of 4.3%.

The availability of specialty fats and oils and oil blends by leading manufacturers, as well as increased consumption of fortified edible oils among health-conscious consumers, is driving the demand for sesame oil. Additionally, awareness regarding the product’s health and skin benefits is rising, which is subsequently benefitting market players.

Moreover, rising consumer inclination toward natural and organic products has also increased the demand for ingredients such as sesame oil. The expanding food & beverage and cosmetics sectors across Europe and North America are creating high-potential opportunities for edible oil manufacturers in these regions.

Key players are embarking on utilizing advanced state-of-the-art manufacturing techniques, with companies increasingly focusing on offering high-quality sesame seed oil products. Manufacturers of sesame oil are also strengthening their product portfolios and expanding their business footprint across regions.

As per this latest study by Persistence Market Research, the global market for sesame oil is expected to exhibit significant growth at a CAGR of 5.9% over the forecast period.

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What are the Key Trends in the Market for Sesame Oil?

“Fortification of Sesame Oil Gaining Interest of Health-conscious Consumers”

Sesame oil has proven its worth in industries as well as retail markets owing to its functional properties such as enhancing the health benefits of daily meals and baby food products, along with providing the perfect texture and flavor. Producers have been striving to improve and offer nutritionally enhanced sesame oil. Companies are also offering fortified sesame oil as a unique proposal to customers as it contributes to the additional functionalities of the oil.

Sesame oil manufacturers are offering specialized sesame oil along with avocados, chia seeds, and other natural ingredients to reduce the chances of heart disease by curbing cholesterols levels in the blood. Consumers are becoming more cautious about their health and are opting for a healthy lifestyle, which has driven such trends. Fortification also helps in improving the stability, sensory quality, and nutritional properties of cuisines from around the world.

  • According to studies in the U.S. by the Center for Disease Control and Prevention, one person passes away every 36 seconds because of cardiovascular disease. Moreover, someone has a heart attack every 40 seconds. Diabetes is one of the major causes of disturbed heart health.

As a result, sesame oil usage has been increasing steadily over the years and will continue to do so going ahead.

“Rising Demand for Salad Dressings Benefitting Sesame Oil Manufacturers”

Sesame oil is mostly used to dress salads and provide them with a specific flavor and consistency, making them more delicious and appealing to the eye. An increasing number of health-conscious consumers who prefer salads with their meals has encouraged hotels and restaurants to serve salads by making them seem more appealing and nutritious at the same time, resulting in huge demand for salad oils in the hospitality industry. Sesame oil is widely used in margarine, which is a cheap substitute for butter and other fat-soluble spreads. Margarine is widely utilized as an ingredient in bakery products such as pastries, cookies, and donuts.

Global increase in the consumption of salad oils is attributed to rising income and population in developing nations, as well as fast-expanding food processing companies in Asia and other developing areas. Due to the strong and distinct flavor of sesame oil, it is widely used as a flavoring agent in the formulation of salad dressings, shortenings, and various kinds of margarine.

“Market Players Leveraging Superior Pharma & Nutraceutical Properties of Sesame Oil”

Sesame has a wide range of nutraceutical applications since it is rich in antioxidants and has health-improving properties. Sesame contains sesamolin and sesamin compounds, which are responsible for accelerating hepatic mitochondrial and peroxisomal fatty oxidation rates. Consuming sesame seeds is believed to boost vitamin E activity and plasma gamma-tocopherol, which are responsible for protection against cancer and heart disease.

Sesame oil is a pharmaceutical aid with nutritional, demulcent, and emollient qualities. It is used as a solvent for intramuscular injections. The oil was historically used in India as an antibacterial mouthwash to treat anxiety and insomnia, and in China as a treatment for toothaches and gum disease. Due to its high polyunsaturated fat content, sesame oil is also known to lower cholesterol.

  • Archer Daniel Midland offers sesame oil IV-1, an injectable-grade pharmaceutical oil that is used as an API and excipient for oil-soluble drugs.

“Rising Prevalence of Tree Nut Allergies Stunting Sesame Oil Market Expansion”

Substantial negative effects of tree nut allergies have raised concerns regarding the global population’s vulnerability to sesame seeds, which are utilized as a raw material for sesame oil extraction. Sesame is often referred to as the ninth food allergen. Sesame allergy is estimated to be as common as soy and fish allergies. Sesame allergy is common in Europe and North America. Instances of severe allergic reactions are also recorded in some cases in these regions, especially among children. In certain countries such as the U.S., Middle Eastern countries, and others, sesame allergy is found to be prominent owing to the increasing consumption of customary foods containing sesame ingredients such as tahini sauce, baba ganoush, hummus, and others.

  • According to the National Institute of Health, almost 1.5 million people in the United States are allergic to sesame.
  • According to the National Institute of Allergy and Infectious Diseases (NIAID), approximately 17 percent of children with food allergies are also allergic to sesame.

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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.

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Country-wise Insights

Which Countries are Prominent Sesame Oil Markets in the European Region?

Italy, the U.K, and France are markets that are expected to expand at CAGRs of 9.6%, 9%, and 8.4%, respectively, during the forecast period (2022-2032).

Demand for sesame oil is rising steadily in the European market due to its functional properties, which make it an ideal ingredient for various applications in the region, such as cosmetics & personal care and food processing.

How is the Canada Sesame Oil Market Faring?

In the North American market, Canada is showing promising growth for the forecast period and is expected to register a CAGR of 8.3%. The market value share of Canada in the North American market is around 10.5% and is currently valued at US$ 41.7 Mn.

A prominent factor for the significant growth of the Canadian sesame oil market is its high utilization in the personal care industry as this oil exhibits antioxidant and soothing properties, making it perfect for use in cosmetics and personal care products. Sesame oil is also a rich source of minerals such as zinc, calcium, copper magnesium, and manganese, which repair scar tissue and regenerate new skin cells.

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Category-wise Insights

Which End Use of Sesame Oil Accounts for High Revenue Generation?

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?

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.

Competitive Dashboard

Prominent manufacturers of sesame oil are focusing on technology and research and development, and are partnering with other market players to increase their brand value and revenue. Collaborating with other prominent players helps a company incorporate its technology and increase its brand presence, globally.

  • Ernesto Ventós S.A. entered into commercial agreements with several large manufacturers of raw materials, which helps it compete for a leading position as an agent or distributor of products. Leading manufacturers such as BASF, Firmenich, IFF, Indesso, OAMIC, Eternis, Kao, Synthite, DSM, Nippon Zeon, Symrise, Sensient, and Takasago have signed the agreement, which helps the company expand its business as a supplier.
  • ConnOils LLC uses a heatless drying technology for manufacturing oils. By minimizing the use of heat for transforming oil and oil powders, the company increases the nutritional integrity of these microencapsulated products. This technology is highly efficient and allows the company to create high-quality products at affordable prices.

Sesame Oil Industry Report Scope

Attribute

Details

Forecast period

2022-2032

Historical data available for

2017-2021

Market analysis

USD million for value

Key regions covered

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

Key countries covered

  • U.S.
  • Canada
  • Brazil
  • Mexico
  • Argentina
  • Germany
  • U.K.
  • France
  • Italy
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand
  • GCC Countries
  • Northern Africa
  • South Africa

Key market segments covered

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

Key companies profiled

  • Archer Daniels 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

Report coverage

  • Market Forecast
  • Company Share Analysis
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives

Customization & pricing

Available upon request

Sesame Oil Industry Research by Category

By Nature:

  • Organic
  • Conventional

By Source:

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

By Type:

  • Cold Pressed Oil
  • Refined Oil

By End Use:

  • Food Processing
    • Bakery
    • Sauces and Dressings
    • Snacks & Meals
    • Others
  • Foodservice/HoReCa
  • Pharmaceuticals/Nutraceuticals
  • Cosmetics & Personal Care
  • Household/Retail

By Distribution Channel:

  • Business to Business
  • Business to Consumer
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Online Retails

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East and Africa

- FAQs -

The global market for sesame oil is currently valued at US$ 4.12 Bn.

The global sesame oil market expanded at a value CAGR of 4.3% from 2017 to 2021.

Revenue from the sales of sesame oil is expected to reach US$ 7.29 Bn by 2032.

The market is expected to offer an incremental opportunity of US$ 3.17 Bn by 2032-end.

Rising consumption of convenience food and increased use of sesame oil in cosmetics & personal care products are key trends in this space.

Leading suppliers of sesame oil are Gustav Heess, Archer Daniels Midland Company, The Hain Celestial Group, Kadoya Sesame Mills Inc, and Dipasa Group.

China, Japan, the U.S, India, Germany, and Tanzania exhibit the highest sales of sesame oil.

The market for sesame oil in Europe is anticipated to reach US$ 1.54 Bn by 2032.

The U.S. market is projected to reach US$ 677.7 Mn by 2032, while Russia is set to reach US$ 71.6 Mn.

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