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Base Year: 2024
Companies covered: 12
Tables & Figures: 145
Countries covered: 19
Pages: 220
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Sesame Oil Market
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Sesame Oil Market Size
The global sesame oil market was valued at USD 4.6 billion in 2024, with expectations to reach USD 8.6 billion by 2034, growing at a CAGR of 6.5%.
Sesame oil is an edible oil made up of sesame seed. Increased consumer awareness regarding healthier alternatives is aiding in further development of the market, which is already experiencing steady growth. One of the major trends augmenting this market is the greater demand for cold-pressed and organic sesame oil, as consumers increasingly favor food with minimal processing.
The expansion of this market has also been tremendously aided by the increased use of Asian and Middle Eastern Cuisine around the globe, as these cultures tend to heavily use sesame oil in their cooking. Manufacturers are now using unique packaging and adding value to their products by making blended and infused blends of sesame oils to cater to health-conscious consumers. These brands are also using e-commerce and direct-to-consumer sales which has made properly marketing these products much easier.
Consumers recognizing the value-added benefits that sesame oil possesses is a major driver in the growth in the market. Along with its capabilities of reducing inflammation, sesame oil also is rich in antioxidants and healthy fats, making it very nutritious. Its use is being devoted towards heart problems, skincare, and diabetes which is aiding in propelling the demand. Health-savvy individuals are preferring it the most, which is why the expansion of the market is increasing. The increase of adoption of a plant based or vegan diet is also contributing.
According to the United States Department of Agriculture (USDA), global sesame seed production reached approximately 6.5 million metric tons in 2023, indicating a steady growth trend. This will positively affect sesame oil sales. Growth in the supply of sesame seeds translates to a constant supply of raw materials which, in turn, aids in meeting the production targets and enables manufacturers to cater to the increasing consumer demand. This leads to further investment into processing facilities which improves extraction technologies and results in better quality sesame oil.
Sesame Oil Market Trends
Driven by changing customer preferences, innovation in technology, and new product development, the sesame oil industry is growing steadily. Increasing health consciousness among consumers is one of the trends that is shaping the market, which drives the demand. The growth of the market is being further driven by increased awareness of its benefits for health, including being an antioxidant and good for heart.
In developing new packaging, the oil quality and shelf life have been improved. New storage conditions using UV Protected Bottles, Vacuum Sealed Packaging, and eco-friendly biodegradable materials are beneficial for the unused oil and the environmentally concerned. Smart packaging with QR codes enabling traceability and verification is on the rise as well. Ensuring food safety and quality standards is the objective of any regulatory progress. Certification like USDA Organic, Non-GMO Project Verified, and fair-trade labels is gaining importance and increasing consumer trust. Also, government support for the market is due to sustainable farming and organic agriculture encouraging programs.
Easier access through the use of e-commerce and direct-to-consumer selling methods provide the sesame oil market an opportunity for growth. The rising popularity of functional foods has also opened a til for blended sesame oil with other nutrients like omega-3 fatty acids or herbal extracts.
For instance, in January 2023, SEIAW KASEI presented its new variety of 100% plant component raw material that is produced by upcycling sesame, which improves collagen synthesis and maintains skin moisturized. The recently created component is entirely plant-derived, biodegradable, devoid of preservatives, and NATRUE, COSMOS-approved.
Sesame Oil Market Analysis
The sesame oil market by product is segmented into processed and virgin. The processed segment accounted for 63.3% of the market share in 2024 and is expected to grow with the CAGR of 6.1%.
The processed sesame oil segment is the most important segment of the sesame oil market owing to its application in cooking, food processing and industries. Processed sesame oil is refined by bleaching and deodorization which improves its stability, extends its shelf life, and enables large scale commercial use.
Its common use in pouring into frying or sautéing pans or enhancing the flavor of dishes is very popular along with Asian and Middle Eastern cuisine. Moreover, it is more affordable than virgin sesame oil, making it a popular choice in households and food manufacturing. In addition, processed sesame oil is used in cosmetics, and traditional medicine as well as pharmaceuticals, broadening its market coverage.
With the cold-press extraction method of virgin sesame oil, its natural antioxidants, vitamins, and strong nutty flavor is preserved. The health-conscious consumers as well as the organic food industry are the leading drivers of this segment as many consider virgin sesame oil to be a clean-label product and thus of premium quality with its superior nutritional benefits. With the increasing demand for rich in nutrients and less processed edible oils, the virgin sesame oil segment is progressively gaining traction.
India's oilseed production reached nearly 40 million metric tons in the fiscal year 2024 alongside an estimated 850 thousand metric tons of sesame production. This is positive for the Indian sesame oil market. India’s agricultural base, oilseed production, and sesame seed supply ensures the availability of raw material and supports stable production with higher consumer demand.
The sesame oil market is segmented into cold-pressed sesame oil, refined sesame oil, blended sesame oil by type. Refined sesame oil segment holds the market size of USD 2 billion in 2024 and expected to grow at a faster rate of 6.2% CAGR.
Refined sesame oil remains on top of the sesame oil market spectrum because of its longevity as well as its common usage across sectors. Food manufacturers, households, as well as restaurants prefer refined sesame oil since it is reasonably priced than cold-pressed varieties.
Added to that, its sufficiency in the market is greater due to its industrial uses for medicines, cosmetics, and even traditional herbal remedies. The increase in demand of refined sesame oil in packaged and ready to eat food is another reason why it is dominant in the market.
Particular segments of consumers who are looking for minimally refined and nutrient rich options are slowly learning about cold-pressed sesame oil. With the best nutrient profile, this type of oil is extracted without heat or chemicals making it perfect for gourmet cooking as well as skin care. Also gaining popularity is blended sesame oil which provides an economically viable option for consumers and manufacturers due to its ability to be combined with other vegetable oils. Increasing consumer tastes and wider sophisticated use in cooking activities are responsible for the continued growth of these segments.
In May 2021, Equinom and Dipasa partnered to create a groundbreaking variety of sesame seeds with high protein content to change the future of plant-based foods. This partnership enables the supply of affordable, nutritious sesame seeds to meet the burgeoning demand for wholesome and functional ingredients. This new approach to improving the nutritional value of sesame seeds aims to widen the market scope for alternative protein sources and plant-based diets and helps to fortify the growing need for sesame as a key element for food products.
Based on application the sesame oil market is segmented into food and beverages, cosmetics & personal care, pharmaceuticals, industrial Use. The food and beverage segment accounted for 43.7% of the market share in 2024 and is expected to grow at a CAGR of 6%.
Food and beverages lead the segmentation of the sesame oil market owing to the widespread usage of sesame oil in cooking across different regions. The Asian, Middle Eastern and African countries use sesame oil extensively for cooking, flavoring and as a dressings. Its pleasant smell and ability to withstand high cooking temperatures makes it ideal for use in stir frying, sautéing, and deep frying. Also, the rise of health conscious people added the demand of cold pressed and virgin sesame oils that are natural and nutrient dense.
Cosmetics & personal care is another important area since it is used in skin and hair care products owing to it being an emollient and antioxidant. It is included in massage oils, sunscreens, anti-aging creams, and lotions. Pharmaceuticals also constitute a growing sector; sesame oil can be found in drug formulations as a carrier oil, in traditional medicine and in nutraceuticals.
It has anti-inflammatory and antimicrobial properties so it is well appreciated. There is an increasing appetite for natural and sustainable raw materials which is innovating its industrial uses and extending the range of sesame oil outside the alimentary industry.
Based on distribution channel, the sesame oil market is segmented into retail stores, online retail, supermarkets & hypermarkets, specialty stores, direct sales. The retail store segment accounted for 29.1% of the market share in 2024 and is expected to grow at a CAGR of 6%.
Given that retail stores are easily accessible to consumers, they have taken control of the sesame oil market. Traditional grocery stores, convenient stores, and independent stores sell refined, cold-pressed, and blended sesame oil to satisfy differing consumer wants. Retail customers prefer purchasing sesame oil from stores so they can check it out, compare products from different brands, and make sound buying decisions. In addition, retail stores enjoy strong brand recognition, promotional sales, and customer loyalty which positions them as the most preferred outlet for Rural and Urban consumers.
The surge of online shopping and home delivery has pushed forth the growth of online retail, and consumers are shifting their purchasing preferences owing to discounts and subscriptions to different brands. The hypermarkets and supermarkets also have a sizeable share because they are able to sway household and food service customers by providing bulk purchasing and exclusive product varieties at a single location.
Supermarkets and hypermarkets also have a huge market share because they provide bulk purchasing and exclusive product varieties all in a single such as high-end, organic, or exotic sesame oils which attract buyers whose focus is there on health and taste.
In the sesame oil market Asia Pacific dominated the market by accounting USD 2.3 billion in 2024 and is expected to grow at a CAGR of 6.7% in 2034.
The sesame oil market is primarily controlled by the Asia Pacific region due to its history in cooking and huge extraction of sesame seeds. Countries such as India, China, Japan, Thailand, and South Korea considerably incorporate sesame oil in their cuisines, especially in traditional cooking, stir-frying, and sauce preparation. The region contains some of the largest manufacturers of sesame oils due to the continuous supply of raw materials and developed processing industries.
Also, increasing demand of the sesame oil market in the region due to growing usage of organic oils, plant-based diets, and ayurvedic skincare products aids in fuel growth. As the leading producers of sesame seeds, India and China provide constant supply to the region while premium product demand is met by South Korea and Japan. Local brands and international alongside robust retail and e-commerce markets help further strengthen the regions domination in the global sesame oil market.
China's sesame production continues expanding, led by Henan province at 168 thousand tons in 2023. Other contributing sesame producing areas are Anhui, Hubei, and Jiangxi. The growth in production also helps improve China’s expanding sesame oil market which is fueled by the growing need for traditional cooking oils, health options, and exports. The industry is also boosted by government aid in agricultural development and better processing methods.
Sesame Oil Market Share
American Vegetable Oils Inc, Cargill Inc, Borges International Group S.L.U., Olympic Oils Limited, Fuji Oil Holdings Inc are the top 5 players in the market. In the sesame oil market, Adams Group Inc., American Vegetable Oils Inc., Archer Daniels Midland Company, Borges International Group S.L.U., Bunge Limited, Cargill Inc., ConAgra Foods holds a large share due to their broad product portfolio and established market position. These companies benefit from their global presence and brand name in the sesame oil market.
Fuji Oil Holdings Inc., Marico Limited, Olympic Oils Limited, Ruchi Soya Industries Limited, The Adani Wilmar Ltd. are some of the other players in the market with good reputation in this industry. The overall market competition is growing as the demand for more sustainable and biodegradable solution rises, these companies focus on developing such solution for fulfilling market needs.
Sesame Oil Market Companies
Some of the eminent market participants operating in the sesame oil industry include:
In 2024 The U.S. Department of Agriculture (USDA) recently awarded a four-year, USD 744,000 grant to a team of researchers to develop new sesame oils for agricultural crops that are not only sustainable and biodegradable but will also help nourish and improve the health of soils and reduce plastic pollution.
Sesame Oil Industry News:
The sesame oil market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Billion from 2021 – 2034 for the following segments:
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Market, By Procut
Market, By Type
Market, By Application
Market, By Distribution Channel
The above information is provided for the following regions and countries: