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World - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights

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Jan 14, 2019

Global Sesame Oil Market: Rising Incomes in Asia to Promote Market Expansion

IndexBox has just published a new report "World - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights". Here is a summary of the report's key findings.

The global sesame oil market revenue amounted to $X in 2017 (IndexBox estimate), flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, sesame oil consumption continues to indicate a strong increase. The growth pace was the most rapid in 2011, when the market value increased by X% against the previous year. Global sesame oil consumption peaked of $X in 2014; however, from 2015 to 2017, it fluctuated at lower levels.

Sesame oil is made from sesame (Sesamum indicum), an annual herb from the Pedaliaceae family. Sesame oil contains high levels of natural antioxidants called sesamol, sesamolin and sesamin oils. Sesamin is a lignin with anti-inflammatory properties, and contains vitamin E, which helps keep skin strong and supple. Meanwhile, sesamol has more than two dozen useful pharmacologically active properties, most of which work to improve cardiovascular health. Sesame oil is commonly used for cooking in Southeast Asian cuisines and it is also used as gourmet oil in salad dressings, for example. In addition, it is also used in cosmetics and in other health and wellness products. Its popularity is growing in Europe, where it is marketed as high-quality oil.

In 2017, approx. X tons of sesame oil were consumed worldwide; dropping by -X% against the previous year. Overall, the total consumption indicated a notable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sesame oil consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Global sesame oil consumption peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum. This decline was caused by weakened consumption in Asia ans Africa over the last two years on the backdrop of a slowdown in the economy and income growth.

Countries of South-Eastern Asia and Africa Constitute The Largest Sesame Oil Consumers Worldwide

The countries with the highest volumes of sesame oil consumption in 2017 were Tanzania (X tons), Myanmar (X tons), and China (X tons), with a combined X% share of global consumption. Mozambique, India, Sudan, Japan, South Korea, and Turkey lagged somewhat behind, together accounting for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of sesame oil consumption, amongst the main consuming countries, was attained by Mozambique (+X% per year), while the other global leaders experienced more modest paces of growth.

Global Sesame Oil Consumption Is Expected To Soften Its Growth

Consumer taste preferences, dietary habits and knowledge of properties and mode of use of sesame oil determine its choice between the other edible oil alternatives. Worldwide, the rates of growth in terms of sesame oil consumption and market trends vary significantly. Thus, in the U.S. and Europe, the current trend towards heathy eating and lifestyle, along with increasing incomes in developed countries promotes high-quality oil for cooking and for other food applications, shall buoy the market growth.

The expected positive global trend movement is also buoyed by the fact that the global population is increasing; rising household income figures and, as a result, affluence, particularly in countries such as China, Korea, Malaysia, is set to translate into the increased consumption of more manufactured goods containing sesame oil.

On the other hand, the growth of consumption has also softened over the last three years on the backdrop of a slowdown in the global economy. However, the above mentioned fundamental trends remain positive in terms of the market outlook, thereby buoying the market growth in the medium term.

As projected by IndexBox, the market is expected to start an upward consumption trend over the next decade, driven by increasing demand for sesame oil worldwide. However, market perfomance is forecast to decelerate against the previous decade, expanding with an anticipated CAGR of +X% for the period from 2017 to 2025, which is projected to bring the market volume to X tons by the end of 2025.

Do you want to know more about global sesame oil market? Get the latest trends and insight from our report. It includes a wide range of statistics on:

  • sesame oil market share
  • sesame oil prices
  • sesame oil industry
  • sesame oil sales
  • sesame oil import
  • sesame oil export
  • sesame oil market forecast
  • sesame oil price forecast
  • key sesame oil producers

All data provided in this article covers the following product: HS X - Sesame Oil.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global sesame oil market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 290 - Oil of Sesame Seed

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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