Sesame Oil Market is to grow at a 6.1 % CAGR, with the United States leading the market through 2030

Sesame Oil Market to Hit USD 7.38 Bn by 2030

The Sesame Oil Market was USD 4.87 Bn in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 6.1 % from 2023 to 2030, reaching USD 7.38 Bn by 2030. Antioxidants, essential fatty acids, and vitamins E and K, which are abundant in sesame oil, have been connected to several health advantages, such as healthier skin, less inflammation, and heart health. Rich in omega-6 fatty acids, sesamin, and antioxidants, sesame oil is promoted as a useful functional oil.31 million pounds of sesame seeds were produced in the United States. About 12.51 million metric tons of sesame and 1.8 million metric tons of palm oil were used by Americans in 2024.

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Sesame Oil Market Segmentation

By Type: Regular sesame oil has a neutral taste and is frequently used in cooking because of its high smoke point (around 410°F/210°C), particularly for deep frying. Toasted sesame oil is usually used as a finishing oil or to enhance the flavor of food. Cold-pressed sesame oil is commonly used as a finishing oil in salads and dressings.

By End Use: The Household segment dominates the market. Individual customers' usage of sesame oil for domestic cooking is referred to as the household segment. Sesame oil is increasingly being used commercially, especially as the culinary industry realizes how well it can be used to make distinctive, tasty meals. The anti-inflammatory and antioxidant qualities of sesame oil make it a popular ingredient in moisturizers, shampoos, and skin care products.

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Sesame Oil Market Regional Analysis

APAC holds the largest share of the Sesame Oil Market in 2023. The market for sesame oil in Asia-Pacific generated revenue around USD 1.6 billion in 2023. India shipped 150 tons of sesame oil to China, 100 tons to the US, and 63 tons to Spain. Sesame oil is becoming more and more popular in Southeast Asia, especially in nations like Vietnam, Thailand, and Indonesia. A major producer and exporter of sesame oil is China.

In the United States, the Sesame Oil Market was estimated to be worth USD 115 million. In 2023-2030, the market is anticipated to expand at a compound annual growth rate (CAGR) of 6.5%-7%. Spectrum Organic Products is a major supplier of organic sesame oil, emphasizing cold-pressed and non-GMO types. La Tourangelle, McCormick & Company, and Kadoya Sesame Oil are the major key players dominating the market.

In France, the rising demand for the sesame oil market is mostly due to the country's growing interest in Asian, Mediterranean, and Middle Eastern cuisines. Between 2024 and 2030, the European sesame oil market is anticipated to expand at a compound annual growth rate (CAGR) of around 5%. French customers are purchasing sesame oil and other specialty oils at a quick pace through online retailers such as Amazon France, Carrefour, and La Ruche qui says Oui!

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Sesame Oil Market Competitive Landscape

Spectrum Organic Products: The Hain Celestial Group acquired Spectrum Organic Products. The acquisition permitted Spectrum to access the wider distribution network of Hain Celestial. Following the acquisition, Spectrum Organic added a range of organic food items to its portfolio, which had previously just included oils.

McCormick & Company: McCormick acquired Schwartz, a well-known spice business with headquarters in the UK. McCormick acquired Zatarain's, a business that sold rice and pasta products and Cajun and Creole spices.

Conclusion

Growing demand in the residential and commercial sectors is expected to fuel the market's expansion, with North America and Asia-Pacific leading the way.

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