Sesame Oil Manufacturing Business
Overview of Sesame Oil Industry
Sesame oil is extracted from a plant species named “Sesamum Indicum”. It has many health benefits. It is being preferred by health-conscious customers. It is extracted from sesame seeds and has many antibacterial, antiviral, and antioxidant properties. These properties make it suitable for therapeutic applications. It is known to be beneficial for your skin and hair. Sesame oil is also commonly used for cooking in Asian and Middle Eastern countries. Sesame is native to Africa and Asia and is primarily cultivated in India and China.
The sesame oil industry was valued at $7.7 billion in 2020. It is likely to reach a valuation of $11 billion by 2024, showing a healthy CAGR of 5.9% during this period.
Manufacturing Process
The process for sesame oil manufacturing is detailed below:
Sesame Seed Cleaning
The first step in the process involves sesame seed cleaning. This helps to sort the dust, foreign particles, stones, etc. from the seeds.
Sesame Seed Dry Roasting
In this stage, the seeds are dried by roasting them. Once the roasting is done, they are processed for crushing. Sesame seeds are heated to remove excess moisture from them.
Sesame Seed Pressing
Once the seeds are dried and roasted, they are ready for pressing. This is done using a sesame oil expeller press. The press extracts the oil from seeds. The oil is then left for some time for settling.
Crude Sesame Oil Filtration
After the completion of seed pressing, there may be some oil cakes present in the sesame oil. This phase of oil extraction filters the seeds from the oil. This makes it easier to extract the final oil.
Sesame Oil Refining
This stage is the final phase of refining the sesame oil before it is packaged. The oil is free from all forms of impurities once it is refined.
Oil Packaging
The final stage of oil extraction consists of packaging. Sesame oil is packaged and shipped to the market for selling.
Scope and Future Demand
In terms of revenues, Europe is the most lucrative market for sesame oil. It accounts for more than 25% of the total global revenues during the period 2017-2022. During the same period, the Asia Pacific region will emerge as the second-largest market for the sesame oil industry. Specialty stores will continue to be the fastest expanding sales channel for sesame oil. Based on the end-user, the retail segment will be the most lucrative segment for sesame oil. This segment will show the highest CAGR.
Sesame oil is versatile. It can be used for cooking, manufacturing beauty products, and other therapeutic products. This makes it a popular oil sought by different market segments. It is also considered to be the oldest edible oil used by humans. Its adoption is the highest among all essential oils. It also has numerous health benefits which makes it a popular choice among health-conscious customers. The demand for sesame oil is expected to remain strong which will be a major driver for the industry.