Cold Pressed Oil Market To Reach US$ 46.1 Billion by 2032

IMARC Group's latest report, titled "Cold Pressed Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", The global cold pressed oil market size reached US$ 30.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 46.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.78% during 2024-2032. The market is experiencing steady growth driven by the growing health consciousness among the masses, rising awareness about the benefits of eating healthy to prevent the occurrence of lifestyle disorders, and increasing availability of various oils via e-commerce platforms.

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Factors Affecting the Growth of the Cold Pressed Oil Industry:

• Health and Wellness Trends:

Cold pressed oils are renowned for their health benefits as they are extracted without the use of heat or chemicals, preserving the natural nutrients, flavor, and aroma of the oil. They are rich in essential fatty acids, antioxidants, and vitamins, making them a preferred choice for health-conscious individuals. The demand for cold pressed oils has increased as consumers seek healthier alternatives to traditional cooking oils. With rising concerns about lifestyle-related diseases, there is a growing preference for oils that offer a balance of taste and nutrition. Additionally, the trend towards clean eating and organic products has further boosted the market for cold pressed oils.

• Gourmet and Culinary Exploration:

Chefs and home cook alike value cold pressed oils for their distinct flavors and aromas, which can enhance the taste of dishes. These oils are available in a variety of flavors, including nutty, fruity, and herbal, depending on the source seeds or nuts. The versatility of cold pressed oils makes them suitable for use in salad dressings, marinades, dips, and drizzles. As consumers become more adventurous in their culinary pursuits, the demand for cold pressed oils with unique flavor profiles continues to grow. Additionally, the trend of farm-to-table dining and locally sourced ingredients has propelled the use of cold pressed oils produced by small-scale, artisanal producers.

• Sustainability and Environmental Concerns:

Cold pressing methods are eco-friendly as they require less energy and produce minimal waste compared to traditional oil extraction processes. Additionally, the cultivation of crops for cold pressed oils often involves sustainable farming practices, such as organic farming and agroforestry. Consumers are increasingly drawn to products that are produced with minimal environmental impact. The reduction in food miles, which refers to the distance food travels from farm to consumer, is another sustainability factor favoring cold pressed oils. Locally produced cold pressed oils have a smaller carbon footprint, making them attractive to environmentally conscious consumers.

Leading Players Profiled in this Report:

• Bunge Limited
• FreshMill Oils
• Gramiyum NatureFresh
• Lala Jagdish Prasad & Company (Lala Group)
• Naissance Trading
• Statfold Seed Oils Ltd

Cold Pressed Oil Market Trends:

The growing adoption of vegan and plant-based diets is a significant driver for the Cold Pressed Oil market. Cold pressed oils, often sourced from nuts, seeds, and fruits, align with plant-based dietary preferences. They are considered a healthier alternative to animal-based fats and oils. As more individuals embrace veganism and opt for plant-based diets for health and ethical reasons, the demand for cold pressed oils as cooking and dressing options increases. Moreover, the fusion of culinary styles from different parts of the world has led to an increased demand for unique and exotic flavors. Cold pressed oils, with their diverse flavor profiles, are integral to global culinary fusion. Chefs and home cook experiment with cold pressed oils to add distinct and authentic flavors to international dishes.

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Cold Pressed Oil Market Report Segmentation:

By Product Type:

• Palm Oil
• Coconut Oil
• Cottonseed Oil
• Olive Oil
• Palm Kernel Oil
• Peanut Oil
• Rapeseed Oil
• Soybean Oil
• Sunflower Seed Oil

Palm oil and coconut oil constituted the largest segment in the cold-pressed oil market, due to their widespread use in cooking, food processing, and cosmetics due to their natural and versatile properties.

By Distribution Channel:

• Hypermarkets and Supermarkets
• Convenience Stores
• Online
• Others

Hypermarkets and supermarkets, along with convenience stores, held the largest market share in the distribution channel category, as they serve as major retail outlets for consumers seeking a wide range of cold-pressed oils for various purposes.

By Application:

• Food Industry
• Agriculture
• Cosmetics and Personal Care Industry

The food industry and agriculture sectors jointly represented the largest market in terms of application, reflecting the diverse uses of cold-pressed oils in food preparation, culinary applications, and agriculture as natural pest control agents.

Regional Insights:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

North America and Asia Pacific emerged as the largest market regions for cold-pressed oils, with North America driven by health-conscious consumer preferences, and Asia Pacific being a major producer and consumer of various cold-pressed oils, including those used in traditional cooking practices.

Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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