Sesame Oil Market to Hit $11.50 Billion by 2025- Global Insights on Top Trends, Type, Demand, Growth Drivers, Application, Top Key Players, Business Opportunities
Dallas, TX -- (SBWire) -- 01/27/2020 --The sesame seed oil market is anticipated to influence remunerative returns on the back of multi-functional end-use applications across industries. Features such as high nutrition portfolio and availability of organic sesame seed variants are further poised to keep growth pace soaring, predicts Adroit Market Research (AMR) in its recently collated business intelligence study under the name, 'Global Sesame Oil Market by Product, Grade, and Application, Forecast 2019-25' included in its growing online data archive.
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However, concerns such as adverse allergic reactions upon consumption across some specific geographic locales are attributed to stagnate onward growth trend in sesame seed oil market in the near future.
Organic Non-GMO Variant Remains Atop Consumer Preference List
Dual demands for sustainable organic production to comply with non-GMO standards as well as to meet consumer preference transitions such as high health benefits are touted to amplify growth potential for organic sesame seed oils for multifarious end-user applications. Several industry forerunners in sesame seed oil market are involved in offering high quality organic sesame seeds oil which is obtained from hulled sesame seeds.
Being one of the most ancient oil seed variants, sesame seed oil is cultivated at a mass scale to meet diverse end-use industry demands across cosmetics, food, and medicine. Organic sesame seed oil is minimally processes and are obtained from both shelled and unshelled sesame seeds that lend a characteristic nutty flavor.
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Hospitality and Cosmetic End Use Applications Proliferates Adoption of Sesame Seed Oil
Growing hospitality sector with optimistic expansion in the hotel and restaurant verticals are expected to further expedite growth upsurge for organic sesame seed oil market on the back of consumer preferences and emergence of highly customizable ethnic food menu.
Of-late growing aesthetic consciousness amongst millennial consumers and high nutritional value of sesame seed oil has propelled its large scale adoption across a range of cosmetic products such a soaps, oils, moisturizers, shampoos, and other personal care products. Consumer preferences for high value added returns from cosmetic products are raking up inclusion of functional ingredients such as sesame seed oil in various aesthetic enhancement personal products range. As sesame seed oil is rich in omega-3 and 6 fatty acids, which basically comprise essential fatty acids. Insufficient dietary intake of essential fatty acids may lead to hair loss. Hence, cosmetic giants are increasingly using sesame seed oil as a core ingredient in hair care products to reverse hair loss and promote hair growth.
Sesame seed oil based medication for various life threatening and chronic ailments such as cancer and diabetes are likely to further flare up demands in pharmaceutical applications. Growing burden of these aforementioned ailments in tandem with several others such as cardiac and obesity conditions further aid in greater adoption of sesame seed oil in drug manufacturing. Therefore, to cope up with astounding end-use demands, manufacturers in sesame seed oil space are concentrating on facility expansion as well as production and capacity diversification ventures to align with growing multi-industry demands. Facility expansion and technological up-gradation to spike up high production throughput are expected to remain staple growth strategies in the coming years in global sesame seed oil market.
The sesame oil market in Europe is likely to witness expansion at a CAGR slightly higher than the global industry. Sesame oil is treated as a specialty product in this region resulting in an easy penetration of the product especially in the personal care & cosmetics and pharmaceutical. The preference for sesame oil for household purposes has been rising in Europe, as there is a growing consumer interest in ethnic cuisines, gourmet products and healthier oils. Sesame oil can be sold in bottles to consumers but there is also a growing market for food applications, such as the use of sesame oil in hummus and salad dressings. Most European consumers of sesame oil live in the United Kingdom and Germany. Kadoya, Wilmar International and Dipasa are some of the leading players operating in the global sesame seed oil market.
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Key segments of the global sesame oil market research report
Product Type Overview, 2013-2025 (Kilo Tons) (USD Million)
Black Sesame Oil
White Sesame Oil
Others
Grade Overview, 2013-2025 (Kilo Tons) (USD Million)
Refined
Unrefined
Application Overview, 2013-2025 (Kilo Tons) (USD Million)
Food & Health
Personal Care & Cosmetics
Pharmaceutical
Others
Regional Overview, 2013-2025 (Kilo Tons) (USD Million)
North America
U.S.
Canada
Europe
Germany
Netherlands
UK
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Rest of Asia Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
GCC
Tanzania
Rest of Middle East & Africa
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About Adroit Market Research
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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