The global cold-pressed oil market share is projected to reach a valuation of US$ 37.3 Billion by 2032 with a CAGR of 4.8% during 2022 to 2032. Due to a greater understanding of health and well-being, 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, customers are more likely to spend money on food-related goods and resources. The rapid growth of healthy eating categories in comparison to decadent ones is aiding in the expansion of the market for cold-pressed oil.
The market for cold-pressed oils is rapidly rising as consumers place a greater emphasis on natural and healthy oils in their diets. Cold pressing protects the nutritional content of olive, coconut, and sunflower oils, which are becoming increasingly popular. Consumer awareness of the benefits of cold-pressed oils is driving market growth in the food and cosmetic industries.
Positive news for the cold-pressed oil sector is the huge rise in demand for natural, unrefined oils. The cold-pressing technique, which preserves the tastes and nutrients of the seeds and nuts, makes the oils more desirable. Growing awareness of health benefits and increased demand for organic items are two further factors driving market expansion.
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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.
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.
