Global Sesame Oil Market. Analysis And Forecast to 2025
This report covers a detailed survey of the global sesame oil market. Within it, you will find 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 outlook depicts the market perspectives through 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (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) + the largest producing countries.
• Sesame oil market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global sesame oil production, split by region and country;
• Global sesame oil trade (exports and imports);
• Producer, export and import prices for sesame oil;
• Sesame oil 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.
Global sesame oil market revenue amounted to 12,608 million USD in 2015, jumping by +100.4% against the previous year level. Overall, global sesame oil market continues to undergo a pronounced growth: the market value increased at an average annual rate of +21.6% from 2007 to 2015. This trend pattern, however, fluctuated wildly throughout the analyzed period. The growth pace was the most rapid in 2015, when the market revenue increased by +100% from the previous year level. In that year, the global sesame oil market revenue reached its maximum, and is likely to continue its growth in the immediate term.
Over the analyzed period, an increase in global sesame oil production was primarily driven by disposable income growth, population growth, and growth of baking. Furthermore, these key drivers are expected to continue promoting the sesame oil output in the immediate term.
The country with the largest volume of the sesame oil output in absolute volumes was Tanzania (830 thousand tonnes), accounting for 43% of global production. Moreover, sesame oil output in Tanzania exceeded the figures recorded by the world's second largest producer, Myanmar (306 thousand tonnes), threefold. The third position in this ranking was occupied by China with a share of 13%. From 2007 to 2015, an average annual growth rate of Tanzania's sesame oil producton stood at +36.9%. The remaining producing countries recorded the following average annual growth rates: Myanmar (+0.9% per year) and China (+2.4% per year).
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