Worldwide Sales of Sesame Oil Are Projected to Reach US$ 8.2 Billion by 2033 | Fact.MR Report


Sesame Oil Market By Product Type (Processed, Virgin), By End User (Food Service, Food Processor, Retail), By Distribution Channel (Modern Trade, Franchise Outlets, Specialty Stores) & By Region (North America, Latin America, Europe) - Global Market

sesame-oil-market-forecast-2023-2023

Worldwide consumption of sesame oil is estimated at US$ 4.6 billion for 2023 and is expected to reach US$ 8.2 billion by 2033-end. The global sesame oil market is projected to exhibit expansion at 5.9% CAGR from 2023 to 2033.

Sesame oil is extracted from sesame seeds, which come from a plant species called Sesamum Indicum that has a long history of cultivation in India and certain African countries. Sesame oil has been used extensively in various cuisines around the world and has been the primary use for centuries.

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Competitive Landscape:

Prime sesame oil manufacturers are focusing on expanding their product portfolio, which would help them maximize their sales potential and gain a competitive advantage over other market players.

  • In May 2021, Momofuku, a culinary brand created by Chef David Chang, introduced toasted sesame oil to its line of restaurant-grade pantry essentials. The product was made available with a pricing of US$ 25 and US$ 30 respectively for 2-Pack and Liquids Starter Pack variants of packaging.

The major players covered in Sesame Oil Market research report are:

  • The Adani Wilmar Ltd.
  • Archer Daniels Midland Company
  • Marico Limited
  • Ruchi Soya Industries Limited
  • Cargill Inc.
  • ConAgra Foods (Agrotech Foods Ltd)
  • fuji oil holdings
  • Olympic Oil Limited
  • American Vegetable Oil Inc.

Market Classification

product type processedVirgin
end user food servicefood processorSleeve
distribution channel modern tradeFranchise Outletspecialty storeonline

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Insights for each vendor consist of:

  • Company Profile
  • SWOT analysis
  • Key market information
  • market share
  • Revenue, price and gross margin

What insights does the Sesame Oil market report provide to readers?

  • Sesame oil fragmentation by product type, end use and region.
  • Comprehensive assessment of upstream starting materials, downstream demand and current market environment.
  • Collaboration, R&D project, acquisition and product launch of each sesame oil player.
  • Various government regulations on sesame oil consumption are explained in detail.
  • The impact of modern technologies such as big data and analytics, artificial intelligence, and social media platforms on global sesame oil.

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The report includes the following Sesame Oil market insights and assessments, which will be helpful to all participants involved in the Sesame Oil market.

  • Data on recently introduced regulations and their impact on key industries and demand for sesame oil
  • Latest industry analysis of Sesame Oil market along with key analysis of market drivers, trends and influencing factors
  • Key trends Sesame oil market analysis and changing consumer preferences in key industries.
  • Changes in sesame oil demand and consumption of various products
  • Key Trends Highlighting Funding by Leading Investors in Multiple Countries
  • New investment opportunities in different technologies and types of products or services
  • Comprehensive data and competitive analysis of major players in Sesame Oil
  • US sesame oil market sales will grow at a steady pace, fueled by growing consumer confidence and economic recovery.
  • Europe’s sesame oil demand forecast remains stable as many countries such as the UK, France and Germany focus on stimulating growth

The Questions Answered in the Sesame Oil Market Report are:

  • How has the sesame oil market grown?
  • What are the current and future prospects for global sesame oil by region?
  • What are the challenges and opportunities of sesame oil?
  • Why is sesame oil consumption the highest in the region?
  • Which year segment is expected to overtake the segment?

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Tags

Sesame Oil

Published in

Food

Published on

Jun 27, 2023

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