Latin America Sesame Oil Market Size & Outlook, 2023-2030
The sesame oil market in Latin America is expected to reach a projected revenue of US$ 473.5 million by 2030. A compound annual growth rate of 4.3% is expected of Latin America sesame oil market from 2024 to 2030.
Revenue, 2023 (US$M)
$353.1
Forecast, 2030 (US$M)
$473.5
CAGR, 2024 - 2030
4.3%
Report Coverage
Latin America
Latin America sesame oil market, 2018-2030 (US$M)
Latin America sesame oil market highlights
- The Latin America sesame oil market generated a revenue of USD 353.1 million in 2023.
- The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, food & beverage was the largest revenue generating application in 2023.
- Food & Beverage is the most lucrative application segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 353.1 million |
| Market revenue in 2030 | USD 473.5 million |
| Growth rate | 4.3% (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, Latin America region accounted for 7.8% of the global sesame oil market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,452.8 million by 2030.
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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 |
|---|
Latin America sesame oil market
Related regional statistics
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