The global cold-pressed oil market share is projected to reach a valuation of US$ 37.2 Bn by 2022 with a CAGR of 4.8% during 2022-2032.
Due to greater understanding of health and wellbeing, consumers' eating habits and nutritional patterns have changed. The demand for cold-pressed oil is rising, as a result, it is anticipated to lead to an increase in sales of cold-pressed oil in the market throughout the forecasted period.
Furthermore, consumers are willing to pay a greater premium for nutritious components and products. The cold-pressed oil market size is being positively impacted by the healthy eating categories' rapid expansion relative to the decadent ones.
Consumers are urging food companies to increase the transparency of their products, going past ingredients, free-from status, and nutritional levels. Due to this, the sales of cold-pressed oil are likely to rise by end-users.
Thus, with increasing demand for cold-pressed oil, several food product manufacturers are using ingredients to increase the overall quality and nutritional level of their final product which is anticipated to boost the cold-pressed oil market size.
In addition to this, demand for cold-pressed oil along with demand for functional food products is also significantly increasing around the globe. This growing demand is leveraging the growth of cold-pressed oil, fortified edible oil and seed oils over the forecast period.
Key Takeaways from Market Study
- The cold-pressed oil market growth is expected to expand at a CAGR of 5.2% and 7.4% in Latin America and the Middle East Africa, respectively through 2032.
- Among the type segment, palm oil is dominating the cold-pressed oil market trends holding more than 18% share in 2022 and it is expected to grow with a CAGR of 2.8% over the forecast period.
- Among the application segment, the food industry is dominating the cold-pressed oil market size holding more than 50% share in 2022 and it is expected to grow with significant CAGR of 3.6% over the forecast period.
- The B2B is dominating the distribution channel segment holding around 70% share in 2022 and it is expected to grow with CAGR of 3.6% which is likely to rise the sales of cold-pressed oil during the forecast period.
“Health claims such as free from, non-GMO, 99% organic, natural, minimally processed, Good for Heart, Fortified, Light, and others are attracting customers. Manufacturers and brand owners are using these claims to stimulate consumer interest and highlight their product's uniqueness and health benefits.” - Future Market Insights Analyst.
Competitive Landscape
The key players involved in the cold-pressed oil market statistics to strengthen their research and development activities to increase the yield and improve extraction technology which is offering significant growth opportunities for the overall cold-pressed oil market trends.
In addition to this, understanding the growing demand for cold-pressed oil several key players in the oil market are entering the cold – pressed oil market by introducing their cold-pressed oil range of products.
For Instance –
In September 2020, Dabur which is one of India’s prominent natural health care companies entered the edible oil segment by introducing their cold-pressed mustard oil.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global cold-pressed oils market key trends opportunities, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on application (food industry, agriculture, cosmetics and personal care industry), type (cottonseed oil, rapeseed oil, palm oil, peanut oil, coconut oil, olive oil, palm kernel oil, soybean oil, sunflower seed oil) and sales channel (B2B, B2C (hypermarkets/supermarkets, convenience stores, speciality stores, retail store, online retail) across seven major regions of the world.
Information Source: https://www.futuremarketinsights.com/reports/cold-pressed-oil-market
