Sales of Sesame Oil will Surpass Revenues Worth US$ 9,000 Mn by 2031 End

250 Pages Sesame Oil Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Sesame Oil. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Sesame Oil Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Sesame Oil market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Sesame Oil

This newly published and insightful report sheds light on Market Insights of Sesame Oil, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Sesame Oil Market.

The global sesame oil market is anticipated to exhibit an average expansion throughout the forecast period 2017 to 2022. Sesame oil is witnessing an uptick in use for cooking purposes, coupled with its increasing utilization as an important ingredient in salad dressings, and margarine. Revenues from sales of sesame oil across the globe are estimated to exceed US$ 9,000 Mn in revenues by 2022-end.

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Market Taxonomy

Product Type
Processed
Virgin
End User

Food Service
Food Processor
Retail

Distribution Channel
Modern Trade
Franchise Outlets
Specialty Stores
Online

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Competition Tracking
Global leaders in the sesame oil market as profiled in Fact.MR’s report include

The Adani Wilmar Ltd.
Archer Daniels Midland Company
Marico Limited
Ruchi Soya Industries Limited
Cargill Inc.
ConAgra Foods (Agrotech Foods Ltd)
Fuji Oil Holdings Inc.
Olympic Oils Limited
American Vegetable Oils Inc.
 Adams Group Inc.
Borges International Group S.L.U.
Bunge Limited
Associated British Foods plc.

A paradigm shift has been discerned in the consumption of sesame oil among people, with its increasing popularity across regions including North America, and Asia. Various governments around the world are now focusing on allowing exports of sesame oil in bulk, for supporting farmers who face distress in selling crops.

Fear of low realization related to outcomes of sowing the sesame seeds has an inclined the concentration of the governments to allow exports of sesame oil. These incidences are further expected to impact the growth of the global sesame oil market in the upcoming years.

Key Estimations from Fact.MR’s Report on the Global Sesame Oil Market

The retail segment is expected to remain the most lucrative among end-users in the global market for sesame oil, with sales estimated to register the fastest expansion through 2022.

Sales of sesame oil will continue to exhibit a sluggish expansion in the food processor segment throughout the forecast period.

Sales of sesame oil in specialty stores will register the highest CAGR through 2022, based on distribution channels.

Modern trade will continue to be the most lucrative distribution channel in the market, with sales projected to account for over one-third market share, in terms of revenues, during the forecast period.

Processed sesame oil will remain the preferred product among consumers in the market. Revenues from processed sesame oil sales will account for approximately US$ 7,000 Mn by 2022-end.

In terms of revenues, sales of processed sesame oil will hold around three-fourth market share through 2022.

During 2017 to 2022, Europe will continue to be the most lucrative region for the sesame oil market, in terms of revenues. Revenues from sesame oil sales in Europe are expected to account for more than one-fourth market share over the forecast period.

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More Valuable Insights on Sesame Oil Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Sesame Oil, Sales and Demand of Sesame Oil, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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