Refined Sesame Oil Market size was valued at USD 1.5 Billion in 2024 and is forecasted to grow at a CAGR of 6% from 2026 to 2033, reaching USD 2.5 Billion by 2033.
The global refined sesame oil market has demonstrated significant growth, with its valuation reaching USD 2.1 billion in 2022. Projections indicate that the market will expand to USD 3.3 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.1% from 2024 to 2030. This growth is primarily driven by increasing consumer awareness of the health benefits associated with sesame oil, including its antioxidant properties and healthy fat content. The food industrys demand for versatile cooking oils and the rising popularity of international cuisines have further propelled market expansion. Notably, refined sesame oil accounted for 80.2% of the total sesame oil market share in 2023, underscoring its dominance in the sector.
Regionally, the Asia Pacific holds the largest share of the refined sesame oil market, with countries like China and India leading both production and consumption. In 2022, the Asia Pacific region accounted for over 50% of the global market, driven by traditional culinary uses and increasing disposable incomes. The region is expected to continue its dominance, with a projected CAGR of 6.7% through 2032. North America and Europe are also experiencing notable growth, attributed to a growing preference for healthy and natural food products. The United States and European countries are witnessing increased adoption of refined sesame oil in culinary applications, contributing to the overall market expansion. Emerging markets in Latin America and the Middle East & Africa present substantial growth opportunities, fueled by urbanization and a rising health conscious consumer base.
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Kadoya
TAKEMOTO OIL & FAT
Kuki Sangyo
Flavor Full
Dipasa
Henan Dingzhi
Chee Seng
Iwai Sesame Oil
Eng Hup Seng
Wilmar
Hunan Cheer COME
BGG
Sastha Oil
Anhui Yanzhuang
Shandong Ruifu
Others
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Refined Sesame Oil Market
Light Refined Sesame Oil
Dark Refined Sesame Oil
Glass Bottles
Plastic Bottles
Metal Cans
Bulk Packaging
Food Industry
Cosmetics and Personal Care
Industrial Use
Households
Restaurants and Food Services
Food Manufacturers
Cosmetics Manufacturers
Online Retail
Supermarkets and Hypermarkets
Specialty Stores
Direct Sales
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Refined Sesame Oil Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Refined Sesame Oil Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Refined Sesame Oil Market, By Type
6. Global Refined Sesame Oil Market, By Application
7. Global Refined Sesame Oil Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Refined Sesame Oil Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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