During the forecast period of 2017 to 2022, the worldwide sesame oil market is expected to grow at a steady rate. Sesame oil is becoming more popular as a cooking component, as well as an element in salad dressings and margarine. Sesame oil sales are expected to generate more than US$ 9,000 million in revenue by the end of 2031.
The use of sesame oil in massage oils, beauty products, Ayurveda, and diverse cuisines is one of the main factors driving the global sesame oil market. Sesame oil, the oldest form of edible oil known to humans, has seen higher adoption among consumers when compared to the number of essential oils available on the market.
The worry of low realisation as a result of sowing sesame seeds has modified governments’ priorities when it comes to approving sesame oil exports. These events will have a greater impact on the global growth of the sesame oil industry.
Global leaders in the sesame oil market as profiled in Fact.MR’s report include
- The Adani Wilmar Ltd.
- Archer Daniels Midland Company
- Marico Limited
- Ruchi Soya Industries Limited
- Cargill Inc.
- ConAgra Foods (Agrotech Foods Ltd)
- Fuji Oil Holdings Inc.
- Olympic Oils Limited
- American Vegetable Oils Inc.
- Adams Group Inc.
- Borges International Group S.L.U.
- Bunge Limited
- Associated British Foods plc.
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