Sesame Oil Market: Global Market Growth by Type, End Use, Distribution Channel, Application, Recipe and Region Forecast (2023 – 2029)

Global Sesame Oil Market expected to hit USD 6.96 Bn by 2029 from USD 4.6 Bn in 2022 at a CAGR of 6.1% during the forecast period
Sesame Oil Market Overview
Sesame Oil is made up of sesame seeds mostly used in Asian cooking. There are three types of this oil: regular, toasted and cold-pressed and is used in different cuisines such as Chinese, Japanese, South Indian and Middle Eastern. It contains antioxidants and other plant compounds, which benefit heart health, reduces arthritis symptoms and aid gingivitis treatment, good for skin care. The highest oil consumption countries are Tanzania, Myanmar and China. It sometimes causes allergies and is not so good for diabetics, which is expected to limit the market growth.



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Sesame Oil Market Dynamics
Market Drivers:

Sesame Oil has been used for various applications in various industries apart from the food industry. The Sesame Oil naturally contains antioxidants and other plant compounds which are beneficial for human health.

Sesame Oil helps in Reducing the Human Blood Pressure

The natural content in the sesame such as vitamin E, sesamol and sesamin helps in the reduction of blood pressure and improves the cardiovascular health of the human body. This is expected to drive the Sesame Oil Market.

Ingredients in Sesame Oil Improves Mental Health

The Amino acid present in the oil has a direct relationship with serotonin. It impacts human moods as it is a neurotransmitter present in the human mind and an imbalance in it sometimes causes depression and stress. Consumption of sesame oil helps in producing serotonin in the body. This factor is propelling the growth of the Sesame Oil Industry across the world.

Sesame Oil Market has a Wide Range of Scope in the Skincare Field

Sesame is an important element in the traditional Indian Ayurveda Medical system. The Sesame Oil Market is growing globally since it has antibacterial, antioxidant and anti-inflammatory properties that are useful for beauty treatments and healthy, healing and enlightened skin as it naturally contains SPF. Sesame Seed Oil is commonly used as a solvent for drugs injected under the skin and into the muscles.
Work as an Anti-Inflammatory Agent and Fights Various Bacteria

Sesame Seeds are rich in the sesamin compound that helps in reducing the fungi from affected skin and chronic inflammation and fights various bacteria. These health benefits are attributed to the growth of the Sesame Oil Industry. Inflammation in the human body increases the chances of obesity, heart disease and kidney ailments. Also, Sesame seeds are full of vitamins and minerals such as zinc, iron and magnesium content, which reduce red blood cells, improve blood circulation and improve metabolism. The consumption of sesame oil results in the reduction of pain and swelling of joints and increases bone strength. This is expected to propel the growth of the Sesame Oil Market.
Provides protection against harmful effects of diabetes

A National Institute of Health study research proved the effectiveness of sesame oil against a placebo on type 2 diabetes. Consumption of sesame oil significantly reduces blood glucose fasting and HbA1c, a measure of average blood glucose. It also resulted in the biomarkers of heart, liver and kidney function and provides protection against the harmful effects of diabetes. These most important health benefits are expected to increase the Sesame Oil Market Share globally.
Market Restraints:
Not Suitable for Sensitive People

If any health-sensitive people consume sesame oil, it leads to some kind of allergy such as anaphylaxis, which gives problems in breathing, dizziness and cardiac arrest. These serious side effects are expected to impede the growth of the Sesame Oil Market.
Might Cause Appendicitis in the Human Body

Sesame oil has high fiber content in it and those are difficult to digest for the stomach and resulted in bloating and painful appendix situations. This high fiber content is insoluble and the factor is expected to limit the Sesame Oil Industry.

Increases Obesity and Expected to Cause Cardiovascular Diseases

Weight gain is a common sesame oil disadvantage because the dietary fiber in sesame oil makes it a more complex substance to digest as these are indigestible fibers, eventually slowing down the body’s normal digestion process. But, on the other hand, it leads to prolonged digestion which gradually increases weight. This factor is expected to constrain the growth of the Sesame Oil Market.

The report analyses the Sesame Oil Market through segmentation such as type, end-use, distribution channel, application and recipe along with its multiple sub-segments. The report includes a detailed analysis of the Sesame Oil Key Players through their Sesame Oil Market Share, Sesame Oil Market Size and Sesame Oil Market Competitive Landscape. The Collected data were later analyzed by SWOT analysis and PORTER’s five force model, which includes growth drivers, opportunities, regional insights and restraints in the Global Sesame Oil Market.
Sesame Oil Market Regional Insights
Asia Pacific held the largest share of the Sesame Oil Market in 2022 and is expected to dominate the market during the forecast period (2023-2029). The Sesame Oil export value of India was USD 25.7 Mn. India exported Sesame Oil to China was 150 tons, to the United States was 100 tons and to Spain was 63 tons. These are the main countries of sesame oil exports from India, which is almost 46 percent of total exports. This data shows the Asia Pacific domination in the Sesame Oil Market. The region is witnessing a large consumption of sesame oil because of its increasing use in different cuisines, Ayurveda, various massage oils, etc. Sesame Oil is one of the oldest edible oils in the world. These factors are driving the Sesame Oil Industry in the region.

North America is expected to grow at the highest CAGR during the forecast period. The wide range of applications of sesame oil in the food and beverages industry along with its health benefits. The increasing awareness of the region’s population regarding the health benefits of sesame oil is expected to drive the North America Sesame Oil Market. Also, the region’s Sesame Oil Industry is expected to witness growth due to the growing popularity of Chinese, Indian and Korean cuisines in Western countries. Favorable government initiatives to help sesame seed farmers and increased exports of sesame seeds around the world for the manufacturing of sesame oil are expected to propel the growth of the Sesame Oil Market in the region.

Europe’s import of sesame oil from non-European countries has increased over the past five years. In 2022, the sesame oil import value by Europe was USD 55.99 million. Most of this oil is destined for the food market. But sesame seed oil is used in a wide range of cosmetic products. This is expected to drive the Sesame Oil Market in European countries. The fact that it can be sold to both the cosmetics industry and the food industry increases the commercial prospects for businesses supplying it. Among European countries, the United Kingdom, Netherlands, France, Germany, Belgium and Switzerland are the top six companies that import Sesame Oil. The biggest non-EU sources of sesame seed oil in Europe are Mexico, China, Singapore, India and Japan. These five countries represented 76% of all imports in 2022.

Sesame Oil Market Competitive Landscape

The Sesame Oil Market report includes the competitive benchmarking of the Sesame Oil Key Players based on their Sesame Oil Market Revenue, Size and  Share in different regions and the mergers and acquisitions, recent developments and strategies of the global and regional and local level Sesame Oil Key Companies. For instance, in April 2022, Botanic Innovations, a U.S.-based producer of highly specialized oil and powders from some of the most nutritious plants in the world. Launched a NatureFRESH Cold Press Process, a naturally gentle and sustainable process.

All of their seed oils and powders are extracted using this gentle, all-natural process. The announcement is definitely expected to propel the global growth of the Sesame Oil industry. In the Asia Pacific region, Patanjali Ayurveda, an Indian conglomerate holding company acquired Ruchi Soya for $53.17 million. Through this acquisition, Patanjali would acquire edible oil plants, and soyabean oil brands such as Mahakosh and Ruchi Gold and would become a major player in the Sesame Oil Market and other edible oils.
Sesame Oil Market Segment Analysis
Based on Type

Among the regular sesame oil, toasted and cold-pressed sesame oil. The regular sesame oil segment is expected to hold the largest share in the Sesame Oil Market. Regular sesame oil is made from raw, pressed sesame seeds and toasted sesame oil is made from toasted sesame seeds. But the regular and toasted sesame oil mainly differs in their taste. The toasting process builds flavor in the sesame oil. When you toast spices, their flavors get better. But the toasted sesame oil is usually used for finishing than cooking. While cooking with regular sesame oil, by adding spices, we can develop a taste accordingly since toasted sesame oil has already developed flavor, heating it again will make it taste burnt and slightly bitter. Cold-presses oils are generally used with coconut oil. Cold-pressed sesame oil is extracted through a simple process of pressing and crushing the seeds without toasting and roasting.

By Application

Sesame Oil provides plenty of benefits and uses in the food industry due to its health benefits such as improvement in bone health, prevention against anemia, better eye health and nourishment of hair. Also, the Food and beverage industry is expecting significant growth across the world during the forecast period, which is driving the Sesame Oil Market. It is often used to saute meats and vegetables or to add dressings and marinades. It also has some non-culinary applications like the use of sesame oil as an ingredient in soap, cosmetics, lubricants and medicines.

The cosmetic and personal care segment holds the second-largest revenue in the Sesame Oil Market. Sesame oil acts as a natural cleanser for the skin and removes dead skin and dirt, cleans pours and also removes oil-soluble toxins from the skin. Due to these applications of sesame oil the Sesame Oil Key Players are largely investing in the Sesame Oil Market to increase their Sesame Oil Market Share. Sesame seed oil can be used in all categories of cosmetic products except perfumes, which usually do not contain vegetable oils. In particular, it is found in a wide range of skin-care and hair-care products. And in aromatherapy, it is used as a massage oil and as a carrier for essential oils.
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Sesame Oil Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
USD 4.6 Bn.


Forecast Period 2023 to 2029 CAGR:
6.1%
Market Size in 2029:
USD 6.96 Bn.


 Segments Covered:
by Type
1.Regular Sesame Oil
2.Toasted Sesame Oil
3.Cold-Pressed Sesame Oil


by End Use
1.Household
2.Commercial


by Distribution Channel
1.Supermarkets
2.Online Retail
3.Specialty Stores
4.Direct Sales


by Application
1. Pharmaceutical Industry
2.Cosmetics And Personal Care Industry
3.Food Industry


by Recipe
1.Sesame oil salad dressing
2.Hummus
3. Spicy Asian chicken soup
4.Others



Sesame Oil Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Sesame Oil Key Players include:
1.Olam International
2.Dipasa Europe B.V.
3.Unicorn Ingredients Limited
4.Virdhara International
5.Tradin Organic Agriculture B.V.
6.Samruddhi Organic Farm (India) Private Limited (India)
7. Orienco (France)
8.Shiloh Farms (Pennsylvania)
9. Akay Agro Allied
10. ORGANIC INDIA
11.MANISHANKAR OILS PRIVATE LIMITED
12.TAMPICO
13. KADOYA SESAME MILLS INC
14.Shree Western G & C Industries
15.Zapach International
16.UNI-TECH INTERNATIONAL
17.Zillion International Royal Foods
18.Nirlesh Foods Private Limited
19. Bavankashi Food Products Private Limited
20.Shrimant Sai Oil Mill

Frequently Asked Questions:

1] What is the growth rate of the Sesame Oil Market?
Ans. The Sesame Oil Market is growing at a CAGR of 6.1% during the forecast period.

2] Which region is expected to dominate the Sesame Oil Market?
Ans. North America is expected to dominate the Sesame Oil Market during the forecast period from 2023 to 2029.

3] What is the expected Sesame Oil Market size by 2029?
Ans. The size of the Sesame Oil Market by 2029 is expected to reach USD 6.96 Bn.

4] Who are the top players in the Sesame Oil Market?
Ans. The major key players in the Sesame Oil Market are Olam International, Dipasa Europe B.V., Unicorn Ingredients Limited, Virdhara International and Tradin Organic Agriculture B.V.

5] Which factors contributed to the growth of the Sesame Oil Market in 2022?
Ans. The Sesame Oil Market is expected to grow due to the rising awareness regarding the health benefits of Sesame Oil.