Global Sesame Oil Market Size & Outlook, 2023-2030
The sesame oil industry worldwide is expected to reach a projected revenue of US$ 6,668.9 million by 2030. A compound annual growth rate of 5.7% is expected of the worldwide sesame oil industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,518.8
Forecast, 2030 (US$M)
$6,668.9
CAGR, 2024 - 2030
5.7%
Report Coverage
Worldwide
Global sesame oil market, 2018-2030 (US$M)
Global sesame oil market highlights
- The global sesame oil market generated a revenue of USD 4,518.8 million in 2023 and is expected to reach USD 6,668.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.7% by 2030.
- In terms of segment, food & beverage accounted for a revenue of USD 4,518.8 million in 2023.
- Food & Beverage is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 4,518.8 million |
| Market revenue in 2030 | USD 6,668.9 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Food & beverage |
| Fastest growing segment | Food & Beverage |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverage |
Other key industry trends
- In terms of revenue, the North America accounted for 25.8% of the global sesame oil market in 2023.
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Sesame Oil Market Scope
Sesame oil market segmentation & scope
Processing Type
Refined
UnRefined
Distribution Channel
B2B
B2C
Supermarkets & Hypermarkets
Convenience Stores
Online
Others
Countries
Canada
Mexico
U.S.
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Thailand
Argentina
Brazil
Kuwait
Saudi Arabia
South Africa
UAE
Sesame Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global sesame oil market size, by regions, 2018-2030 (US$M)
Related regional statistics
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