Global Sesame Oil Market Size To Worth Insights Forecasts to 2033

• The Global Sesame Oil Market Size was Valued at USD 4.12 Billion in 2023
• The Market Size is Growing at a CAGR of 5.70% from 2023 to 2033
• The Worldwide Sesame Oil Market Size is Expected to Reach USD 7.17 Billion by 2033
• North America is Expected to Grow the fastest during the forecast period.

The Sesame Oil Market Size is Anticipated to Exceed USD 7.17 Billion by 2033, Growing at a CAGR of 5.70% from 2023 to 2033.

Market Overview

Sesame oil, a premium vegetable oil made from sesame seeds (Sesamum indicum L.), is widely used in Asian cuisine. It belongs among the traditional oil seed crops. It is a popular addition to diets due to its outstanding nutritional content, mild flavor, and extensive cultivation. Sesame seeds offer numerous benefits for health and are high in fats and protein. The demand and consumption of sesame oil are increasing globally due to its numerous health benefits for humans, including antioxidants, blood lipid regulation, cholesterol reduction, liver and kidney protection, cardiovascular system protection, anti-inflammatory, and anti-tumor properties. The benefits of sesame oil are linked to healthy skin, flexible joints, and immunological support in Ayurveda. Sesame oil is gaining popularity because of its pure, natural profile free of chemical additions, which is another reason that more people are choosing organic and natural products for their meals and personal hygiene routines. Natural ingredients found in sesame, such as vitamin E, sesamol, and sesamin, lower blood pressure and enhance cardiovascular health in individuals. This is anticipated to propel the market for sesame oil. Additionally, it encourages the body's natural detoxification and the removal of pollutants. Sesame oil's demand is further increased by the pharmaceutical industry, which uses it as a carrier oil because of its capacity to improve the absorption of fat-soluble chemicals and its stability. The worldwide market for sesame oil is being driven by several causes, including its significance in personal care and pharmaceuticals, along with its health advantages and culinary variety.

Report Coverage

This research report categorizes the market for the sesame oil market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the sesame oil market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the sesame oil market.

Driving Factors

Sesame oil consumption promotes the body's production of serotonin. This element is driving the expansion of the sesame oil market. Sesame oil has become a growing trend in the cosmetic and pharmaceutical industries because of its advantageous qualities, which include antioxidant, anti-inflammatory, and moisturizing effects. In skincare products, lotions, creams, and massage oils use sesame oil as a carrier. It is prized for its ability to deeply penetrate the skin and provide moisture and nourishment. This growing tendency strongly indicates the market's potential for expansion.

Restraining Factors

People especially susceptible to allergies may get anaphylaxis, a condition that causes breathing difficulties, vertigo, and even cardiac arrest if they consume sesame oil. Sesame oil market expansion is anticipated to be restricted by these severe negative effects.

Market Segmentation

The sesame oil market share is classified into processing type, application, and distribution channel.

• The refined segment is expected to hold the largest market share through the forecast period.

Based on the processing type, the sesame oil market is categorized into refined and unrefined. Among these, the refined segment is expected to hold the largest market share through the forecast period. This is because it has no trans fats or cholesterol, it is a healthier option when compared to other refined oils. There is a growing demand for refined sesame oil as consumers become more health-conscious and seek out cooking oils that have both flavor and health advantages.

• The food & beverage segment holds the highest market share through the forecast period.

Based on the application, the sesame oil market is categorized into food & beverage, cosmetics & personal care, pharmaceuticals, and others. Among these, the food & beverage segment holds the highest market share through the forecast period. Due to sesame oil's unique nutty flavor, it is a common ingredient in many Asian meals, such as those from Korean, Chinese, Japanese, and Indian cuisines. Sesame oil is becoming increasingly in demand as these cuisines become more well-known worldwide, particularly in food service and dining establishments. Consequently, an increasing number of food and beverage producers are adding sesame oil to their products to appeal to consumers who are concerned about their health and are looking for wholesome ingredients.

• The B2B segment is anticipated to grow at the highest CAGR during the forecast period.

Based on the distribution channel, the sesame oil market is categorized into B2B and B2C. Among these, the B2B segment is anticipated to grow at the highest CAGR during the forecast period. Businesses including restaurants, food manufacturers, and cosmetic companies that need sesame oil in quantity can find it more affordable through B2B channels, which frequently provide sesame oil in bigger amounts at wholesale costs. These companies may lower their cost per unit, more effectively handle their inventory, and maintain a consistent supply without having to place repeated orders when they purchase in bulk through B2B channels.

Regional Segment Analysis of the Sesame Oil Market 

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the sesame oil market over the predicted timeframe.

Asia Pacific is projected to hold the largest share of the sesame oil market over the predicted timeframe. In the region, sesame oil is widely utilized for cooking daily meals. When the product is refined, it is added to baked products and margarine. In its raw form, it can also be added to spreads like hummus and salad dressings. Consumers and restaurants utilize sesame oil as a finished product for frying and cooking, mainly in gourmet and ethnic cuisines. In many Asian cuisines, including Chinese, Japanese, Korean, and Indian, sesame oil has long been a mainstay. Its unique flavor makes it a popular ingredient in many classic recipes, including marinades, stir-fries, salad dressings, and sauces.

North America is expected to grow at the fastest CAGR growth in the sesame oil market during the forecast period. This dominance is due to the North American customers are becoming more health-conscious and are looking for natural and nutrient-dense cooking and food preparation oils. Health-conscious people prefer sesame oil because it is high in antioxidants, beneficial oils, vitamins, and minerals. For individuals seeking to enhance their diet with more healthful cooking oils, its standing as an anti-inflammatory and heart-healthy oil makes it a desirable option.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the sesame oil market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Kadoya Sesame Mills Inc.
• Wilmar International Limited
• TAKEMOTO OIL & FAT CO., LTD.
• Borges International Group
• Henan Dingzhi Agricultural Processing Types Co., Ltd.
• Zillion International Royal Foods
• Nirlesh Foods Private Limited
• Bavankashi Food Products Private Limited
• V.V. Vanniyom Oil Industries
• Kevala International LLC
• Shree Western G & C Industries
• Zapach International
• Shrimant Sai Oil Mill
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In January 2024, the price of sesame cooking oil increased unprecedentedly due to its export to foreign nations, according to several producers of this kind of cooking oil.

• In May 2021, Momofuku, a popular restaurant group, introduced a new line of pantry necessities called Momofuku Goods. The first edition includes Toasted Sesame Oil and a Liquids Starter Pack. Toasted Sesame Oil is created from high-quality sesame seeds that have been slowly toasted to produce a rich, nutty flavor. It has multiple applications, including frying, drizzling, and finishing.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the sesame oil market based on the below-mentioned segments: 

Global Sesame Oil Market, By Processing Type

• Refined
• Unrefined

Global Sesame Oil Market, By Application

• Food & Beverage
• Cosmetics & Personal Care
• Pharmaceuticals
• Others

Global Sesame Oil Market, By Distribution Channel

• B2B
• B2C

Global Sesame Oil Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa