Sesame Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[178+ Pages Report] According to the report published by Facts Factors, the global sesame market size was worth around USD 6,800 million in 2019 and is predicted to grow to around USD 8,028 million by 2026 with a compound annual growth rate (CAGR) of roughly 2.4% between 2020 and 2026. The report analyzes the global sesame market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the sesame market.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Sesame industry. The report analyzes and declares the historical and current trends analysis of the sesame industry and subsequently recommends the projected trends anticipated to be observed in the sesame market during the upcoming years.

The sesame market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire sesame market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (Million) from FY 2016 – 2026.

Key Insights from Primary Research

• In-depth and exhaustive interviews with chief executives of the major companies operating in the global sesame market, the primary research analysis concludes that the global sesame oil market to witness steady growth of nearly 2.4% over the forecast period.
• In the year 2019, the market was valued at approximately USD 6800 Million, 2019 and is expected to be valued at over USD 8028 Million by 2026.
• On the basis of the product segment, processed sesame is expected to exhibit the highest growth rate in the global sesame oil market during the forecast period. The specialty stores are expected to generate maximum demand for the sesame oil system in the near future.
• The European region is expected to be the remain most attractive revenue-generating region for sesame oil over the forecast period. The Asia Pacific market is also expected to contribute heavily to the global sesame oil market.

Key Recommendations from Analysts

• Our analysts recommend increased focus on the Asia Pacific market as it has a large potential for faster market growth. The presence of economies like India, China, Korea, and Japan provides the immense potential for growth in the region.
• Strategic developments such as regional expansion and modern supply chain establishment by the major companies are likely to boom global sesame oil consumption over the upcoming years.
• Our analysts also recommend that the North American region is predicted to witness significant growth attributed to the growing demand for sesame oil, rising vegan population, and higher health-conscious population in the region.
• North America and the European region are expected to remain a significant sources of revenue during the studied period. Regional dominance in these regions is expected to provide additional capital capabilities for expansion beyond the borders.

Market Share Analysis by Region - 2026

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the sesame industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the sesame industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the sesame market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the sesame industry. The sesame market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the sesame sector. Key strategic developments in the Sesame market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the sesame market are appropriately highlighted in the report.

The demand for sesame oil has been rising with increasing consumption by customers. This shift in consumer demand has been observed majorly in Asia and North American regions. The import and export of sesame oil have been favored by the Government's initiatives which in turn is expected to positively impact the sesame farming sector.

Additionally, the growing use of sesame oil in various types of cuisines, ayurvedic products, beauty products, and massage oils is further propelling the growth of the global sesame oil market.

The sesame market research report delivers an acute valuation and taxonomy of the sesame industry by practically splitting the market based on product, end-user, distribution channel, and region. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the sesame industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the sesame industry is provided for the leading economies of the world.

The sesame market is segmented based on product, end-user, distribution channel, and region. On the basis of product, the market is classified into processed and virgin. On the basis of end users, the market is bifurcated into food services, food processor,s and retail. On the basis of distribution channel segmentation, the market is classified into modern trade, franchise outlets, specialty stores, and online.

Some of the essential players operating in the sesame market, but not restricted include

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

The taxonomy of the sesame industry by its scope and segmentation is as follows:

By Scale Range Segmentation Analysis

• Processed
• Virgin

By End User Segmentation Analysis

• Food Services
• Food Processor
• Retail

By Distribution Channel Segmentation Analysis

• Modern Trade
• Franchise Outlets
• Specialty Stores
• Online

By Regional Segmentation Analysis

• North America
  • The U.S. `
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa