The global cold-pressed oil market share is expected to reach a valuation of USD 23,431.5 million in 2024. The market is further projected to develop at a CAGR of 5.10% from 2024 to 2034, totaling around USD 38,426.4 million by the end of 2034. As consumers become more health-conscious, there’s a noticeable shift in eating habits and nutritional preferences, driving up the demand for cold-pressed oil. This trend is projected to lead to increased sales of cold-pressed oil throughout the forecasted period.
Consumers are increasingly willing to pay a premium for nutritious products, leading to the rapid expansion of the healthy eating categories compared to decadent ones. This shift is positively impacting the cold-pressed oil market size.
The cold-pressed oil market is witnessing remarkable growth as consumers prioritize natural and healthy oils in their diets. The cold-pressing process preserves the nutritional integrity of oils like olive, coconut, and sunflower, contributing to their rising popularity. Increased awareness of the benefits of cold-pressed oils is driving market expansion in the food and cosmetic industries.
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Consumers are demanding greater transparency from food companies, beyond just ingredients, free-from status, and nutritional levels. This increased scrutiny is expected to drive up sales of cold-pressed oil among end-users.
With the rising demand for cold-pressed oil, many food product manufacturers are incorporating ingredients to enhance the overall quality and nutritional value of their final products, thereby boosting the cold-pressed oil market size.
Furthermore, the demand for cold-pressed oil, along with functional food products, is increasing significantly worldwide. This growing demand is driving 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 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.
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
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Cold-Pressed Oil Market by Category
By Application :
- 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
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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