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Global Sesame Market Estimated to Reach USD 8028 Million by 2026

18-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “Sesame Market By Product (Processed, Virgin), By End User (Food Services, Food Processor, Retail) and By Distribution Channel (Modern Trade, Franchise Outlets, Specialty Stores, Online): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global sesame market in 2019 was approximately USD 6800 Million. The market is expected to grow above a CAGR of 2.4% and is anticipated to reach over USD 8028 Million by 2026.

The sesame oil is a kind of vegetable oil. Its colour ranges from a pale yellow to amber coloured oil. It is derived from the sesame seeds obtained from the sesame plant. Cold-press methods or normal oil-refining methods are used for production of sesame oil from the seeds. The primary end use of sesame oil is in the household cooking, cosmetics and in multiple health and wellness products.

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The consumption of sesame oil in the cosmetics is rising owing to its nutrient benefits. This trend is witnessing rise among the health-conscious individuals. The sesame oil usage in selective cosmetic products and personal care products such as hair oil, lotions, conditioners and hair serum is widening as an active ingredient. These products are classified as the premium cosmetics products where the demand for such products is increasing at rapid pace. These growing cosmetic applications is expected to positively impact the market growth of sesame oil globally. Moreover, the rising demand for healthy oils is increasingly at a much larger pace. These developments are also considered to be the major driving factors for the growth of sesame oil market across globe.

The European region is expected to remain the most attractive region for the sesame oil market. The European region is expected to contribute heavily in the global sesame oil market share. The Asia Pacific countries like China and India are expected to create high demand for the sesame oil in in the cooking application and cosmetics segments. The U.S., Japan Australia, Vietnam, Belgium, Germany and the U.K are major demand generating importers of sesame oil. The demand for sesame oil in these countries is expected to get further boost with the increasing use in culinary dressing and meat preparations. The North American region is expected to witness higher rise in consumption over the forecast period. The North American region share in global sesame oil market is expected to expand primarily attributable to the significant rise in demand for the sesame oil in  the health and beauty applications.

The processed sesame oil is estimated to dominate the products segmentation of the sesame oil market. The revenue generated throught he processed sesame oil is expected to account for more than two third of the total revenue worldwide. Specialty stores is anticipated to significantly contribute in the segmental share while witnessing fastest growth during the forecast period. The modern trade distribution channel is expected to remain the dominating distribution channel for sesame oil market.

By end-users, retail segment is expected to remain major consuming end user in the global sesame oil market. The retail segment is also expected to exhibit the highest growth during the forecast period till 2026.

Major players operating in the global sesame market covered in this report include Cargill Inc., Ruchi Soya Industries Limited, Archer Daniels Midland Company, Olympic Oils Limited, Marico Limited, American Vegetable Oils, Inc., ConAgra Foods (Agrotech Foods Ltd), The Adani Wilmar Ltd., Associated British Foods plc., Adams Group Inc., Borges International Group S.L.U. Bunge Limited and Fuji Oil Holdings Inc.,.

This report segments the global sesame market as follows:

Global Sesame Market: By Scale Range Segmentation Analysis

  • Processed
  • Virgin

Global sesame Market: By End User Segmentation Analysis

  • Food Services
  • Food Processor
  • Retail

Global Sesame Market: By Distribution Channel Segmentation Analysis

  • Modern Trade
  • Franchise Outlets
  • Specialty Stores
  • Online

Global Sesame Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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