Sesame Oil Market is Segmented By Seed Type (Golden or brown sesame, White sesame, Black sesame seeds), By Application (Food and Beverage Industry, Cosmetic and Skin Care Industry, Pharmaceutical Industry, Dietary Supplement), By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
Sesame oil market size is projected to reach USD billion by 2029, with growth at a CAGR of 6.5% during the forecast period 2022-2029.
Sesame oil is made from sesame seeds, ranging from pale yellow to amber in colour. It is popular for its nutty flavour and taste. This oil is majorly used in cooking, salad dressings and cosmetics. Sesame oil is a rich source of vitamin E, phytosterols, lignans, sesamol, and sesaminol. Sesamol and sesamol are two antioxidants that help to reduce cell damage caused by free radicles.
Sesame oil is good for the person who suffers from anxiety and depression. Sesame oil is also good for oral health. Sesame oil helps to make teeth whiter and lower levels of dental plaque. Sesamol lignin in the sesame oil helps prevent the growth of cancer cells in the case of colon cancer.
Sesame seeds are majorly grown in the Asia Pacific region due to increasing consumption from the consumer. Major countries in Asia Pacific regions, such as India and China, have a higher demand for sesame oil for cooking and cosmetic purposes. India and China are the major exporters of sesame seeds. Rising popularity for its use in meat preparation in India and China raises the demand for sesame oil. India is one of the largest sesame seeds-producing countries in the Asia Pacific region.
The pandemic has negatively impacted the market worldwide. The import and export of the sesame seeds and sesame oils was highly affected. Consumption of sesame oil decreased due to the highest prices. For instance, India’s edible oil import in 2021 fell to 13.1 million tonnes, which was the lowest in 6 years.
Major companies are ADM, Hain Celestial Group, Premier Oil Mills, Kadoya Sesame Mills Incorporated, and IWAI SESAME OIL Co., Ltd. among others.
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