Cold Pressed Oil Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Cold Pressed Oil Market is Segmented By Product Type (Coconut Oil, Olive Oil, Palm Oil, Soybean Oil, Peanut Oil, Sunflower Seed Oil, Others), By Application (Food Industry, Agriculture, Cosmetics and Personal Care Industry), By Distribution Channel (Supermarkets/Hypermarkets, Online Sales, Convenience Stores, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Cold Pressed Oil Market Size

The Global Cold Pressed Oil Market size reached USD 28.2 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 43.9 billion by 2030. The market is expected to exhibit a CAGR of 5.7% during the forecast period 2024-2031.

Utilizing a contemporary steel press, cold-pressing oils are created by pressing fruit or seeds. Cold-pressed oils are the best for cooking and skincare because they preserve their flavor, aroma, and nutritional content. Cold-pressed oils are nutty flavoring oils and are widely used in cooking. These oils are an excellent source of polyunsaturated fatty acids. 

The oils also include vitamin E and phenol, which reduce blood cholesterol levels and shield the liver from oxidative stress and damage. Furthermore, these oils support a healthy lifestyle. They are not refined, cholesterol-free, or contain any potentially dangerous solvent precipitates, which could eventually drive the global cold pressed oil market growth.

Cold Pressed Oil Market Scope

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Cold Pressed Oil Market Dynamics and Trends

Increasing Awareness of the Beneficial Effects of Cold-pressed Oils Due to Their High Nutritional Value and Flavor

The cold-pressed oil market is considerably growing as people are increasingly becoming aware of their advantages, including their high nutritional content and increased flavor. Additionally, the growing awareness of the environment and surroundings fuels the expansion of the cold-pressed oil market globally. 

Consumers of cold-pressed oils can benefit from a variety of health advantages, including lower cholesterol levels, healthier skin and hair, increased brain health and others. Additionally, cold-pressed oils are employed in several sectors, including those that deal with food and drink, personal care, animal feed and others. These businesses use oil for a variety of purposes, including cooking, which particularly fuels market expansion in the food industry. 

The Increasing Use of Cold Pressed Oils in the Food and Beverages Industry is Driving Market Growth.

The extensive use of the product for food preparation in the food and beverage (F&B) industry is now driving the growth of the cold-pressed oil market. This can be linked to consumers' growing comprehension of the nutritional qualities and numerous health advantages of their use. The market is expanding as a result of the increased demand for unrefined oils that keep their natural properties and do not include any toxic solvent residues. 

Cold Pressed Oil Market Segment Analysis

The global cold pressed oil market is segmented based on product type, application, distribution channel and region.

Rising Demand for Palm Cold Pressed Oil is Expected to Drive the Product Type Segment Growth

The global cold-pressed oil market has been segmented by product type into coconut oil, olive oil, palm oil, soybean oil, peanut oil, sunflower oil and others. The palm oil segment held the largest cold-pressed oil market share of 44.7% in 2022 in the cold-pressed oil market analysis report. 

Protecting cognitive function, lowering risk factors for heart disease, increasing vitamin A status, promoting healthy skin and hair, and other health advantages are among the advantages it offers to consumers. Therefore, it is anticipated that the palm oil sector would significantly impact the global cold pressed oil market. 

Source: DataM Intelligence Analysis (2024)

Cold Pressed Oil Market Geographical Share

The High Demand for Cold Pressed Oil in North America

The North America Cold Pressed Oil market held the largest market share of 42.4% in 2022 in the cold-pressed oil market analysis. This growth is due to the population's growing knowledge of the need of living a healthy lifestyle. The cold-pressed oil market is expanding in industrialized nations like North America due to rising public concern about a clean, pollution-free environment. 

For instance, The Barbecue Lab, a barbecue restaurant in the US, estimates that in 2022, 93% of Americans desire to eat healthfully, and 63% of consumers report they make an effort to eat that way most of the time or always. As a result, the market for cold-pressed oil is expanding as people's knowledge of their health increases. 

Source: DataM Intelligence Analysis (2024)

Cold Pressed Oil Market Companies

The major global players in the market include Archer-Daniels-Midland Company, Bunge Limited, Cargill, Inc., China Agri-Industries Holdings Limited., Lala Jagdish Prasad & Company, Statfold Oil Ltd., Wilmar International Ltd., Lala's Group, FreshMill Oils, and Dabur Ltd.

COVID-19 Impact on Cold Pressed Oil Market

Global Recession/Ukraine-Russia War/COVID-19 and Artificial Intelligence Impact Analysis:

Covid-19 Impact:

Attributable to the temporary closure of manufacturing facilities and sales channels around the world due to the COVID-19 outbreak, market sales and revenues have decreased. The market for cold-pressed oils has been greatly impacted by lockdowns, supply chain disruptions, demand destruction and changes in consumer behavior. However, because of rising awareness of the advantages of cold-pressed oil, the market saw a beneficial influence during the epidemic. As consumers look for healthy food options to boost immunity, the rapid expansion of the food service industry has had an impact on the demand for cold-pressed oils.

Ukraine-Russia War Impact:

Certainly, for a brief period, the war between Russia and Ukraine hampered the possibilities of a COVID-19 pandemic-related global economic rebound. Economic sanctions on several nations, an increase in commodity prices, and disruptions in the supply chain as a result of the conflict between these two nations have caused inflation in the prices of oil items and amenities and made an impact on numerous markets including the cold pressed oil market throughout the world.

Key Developments

• In September 2020, Dabur India Ltd., an ayurvedic and natural health care company, announced the launch of "Dabur Cold Pressed Mustard Oil," its entry into the edible oil industry.
• In February 2023, House of Veda, a health and wellness company, introduced organic cold-pressed oils rich in natural antioxidants to support bodily health as well as organic pulses.
• In February 2022, the launch of "Virgin Coconut Oil" by Dabur India, the top Ayurvedic and Natural Health Care Company in India is expected to grow its market share of coconut oil. Dabur Virgin Coconut Oil is 100% Natural and may be used for cooking as well as a massage oil and other traditional uses for healthy skin and hair. 

Why Purchase the Report?

• To visualize the global cold pressed oil market segmentation based on product type, application, distribution channel and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development. 
• Excel data sheet with numerous data points of cold pressed oil market-level with all segments.
• The PDF report consists of a cogently put-together market analysis after exhaustive qualitative interviews and an in-depth market study.
• Product Type mapping is available as Excel consists of key products of all the major market players.

The Global Cold Pressed Oil Market Report Would Provide Approximately 93 Tables, 109 Figures and 190 Pages.

Target Audience 2024

• Manufacturers / Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies