The global cold-pressed oil market share is on an upward trajectory, driven by a growing consumer preference for natural and health-conscious food choices. Expected to reach a valuation of US$38.43 billion by 2034, the market is projected to grow at a CAGR of 5.10% from 2024 onwards. This presents a compelling investment opportunity for B2B investors seeking to capitalize on the rising demand for healthy and sustainable food products.
Demand Drivers:
- Health and Wellness Trends: Consumers are increasingly prioritizing healthy eating habits, leading to a surge in demand for cold-pressed oils perceived as superior alternatives to refined oils. Cold-pressed oils retain a higher concentration of essential nutrients, antioxidants, and vitamins, aligning perfectly with this trend.
- Sustainability Focus: The emphasis on eco-friendly practices extends to consumer food choices. Cold-pressed oil production utilizes minimal processing and often relies on renewable energy sources, resonating with environmentally conscious consumers.
- Rising Awareness of Dietary Benefits: Extensive research highlights the potential health benefits of cold-pressed oils, including improved cardiovascular health, reduced inflammation, and enhanced cognitive function. This growing body of evidence fuels consumer demand.
- Versatility and Functionality: Cold-pressed oils cater to diverse culinary applications, from salad dressings and marinades to sauteing and baking. They also find use in the flourishing cosmetics and personal care industry, offering a natural alternative to synthetic ingredients.
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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.
Growing Factors:
- Booming Food Industry: Cold-pressed oils are increasingly incorporated into various food products, including bakery items, confectionery, and even ready-to-eat meals. This integration within the food industry fuels market growth.
- Shifting Dietary Patterns: The growing popularity of high-protein diets, veganism, and gluten-free options opens new avenues for cold-pressed oils due to their suitability for these dietary trends.
- Expansion into New Applications: Cold-pressed oil manufacturers are exploring new applications for their products beyond traditional uses, including nutraceuticals and dietary supplements.
Key Takeaways from Market Study
- The cold-pressed oil market growth is expected to expand at a CAGR of 5.10% and 7.4% in Latin America and the Middle East & Africa, respectively through 2034.
- Among the type segment, palm oil is dominating the cold-pressed oil market trends holding more than 18% share in 2024 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 2024 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 2024 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.
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Competitive Landscape
NOW Foods, Mountain Rose Herbs, Aura Cacia, Pukka Herbs, Naissance, Banyan Botanicals, and Majestic Pure are some of the most prominent companies in the cold-pressed oil market. To cater to the demands of eco-conscious consumers and businesses, these brands are embracing eco-friendly practices right from sourcing to manufacturing and packaging.
These brands are also collaborating with social media influencers and fitness bloggers to market their products. Billions of dollars have been invested in the research and development of widening the applications of cold-pressed oils beyond the food and cosmetics industry.
Recent Developments
- In November 2023, Bharat Botanics announced the opening of India’s largest cold-pressed oil facility in Gondal, Rajkot Gujarat. The 16,000 square feet automated facility promoted 100% hygiene and transparency, meeting the rising demand for pure, chemical-free oils.
- In August 2023, Tata Consumer Products unveiled its foray into the lucrative cold-pressed oils market with the launch of Tata Simply Better Cold Pressed Oils. The premium range included four flavorful variants, each meticulously crafted to preserve nutrients and authentic taste.
- In October 2023, Orgatma Cold-Pressed Oils, led by a team of industry experts, revolutionized the culinary landscape by offering natural, chemical-free oils. Their mission empowered consumers with flavorful, health-enhancing options while prioritizing sustainability, education, and ethical practices.
Key Companies in the Market
- Orgatma Cold-Pressed Oils
- NOW Foods
- Mountain Rose Herbs
- Aura Cacia
- Pukka Herbs
- Naissance
- Banyan Botanicals
- Majestic Pure
- Dr. Adorable Inc.
- Plant Therapy
- Eden Botanicals
- Florihana
- Beauty Aura
- Verdana
- Amrita Aromatherapy
- Sky Organics
- Pure Acres Farm
- Maple Holistics
- Sun Organic
- GreenHealth
Key Segments in the Global Cold-pressed Oil Market
By Category:
- Food Industry
- Cosmetics and Personal Care Industry
- Agriculture
By Type:
- Peanut Oil
- Coconut Oil
- Rapeseed Oil
- Cottonseed Oil
- Soybean Oil
- Olive Oil
- Palm Oil
- Sunflower Seed Oil
- Palm Kernel Oil
By Distribution Channel:
- B2B
- B2C
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Retail Stores
- Online Retail
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
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