Cold-Pressed Oil Market Worth USD 26.95 billion in 2021 With a CAGR of 5.65 %

Introduction

The global Cold-Pressed Oil Market was valued at USD 26.95 billion in 2021 and is projected to reach USD 44.19 billion by 2030 at a CAGR of 5.65% 2022 to 2030.

In addition to being one of the mechanical extraction techniques and requiring less energy than other oil extraction methods, cold press extraction is also a mechanical extraction technique. Initially, juices were extracted from vegetables and fruits using this method. Later on, this method was also used to extract oils. This principle is employed to preserve the flavour, aroma, and nutritional value of food. Cold-pressed oils include the seed's natural antioxidants. In addition, it eliminates all negative side effects caused by conventional oil extraction techniques. In addition, it is used to obtain high-quality oils by performing production at low temperatures using the cold press method, which is environmentally friendly. Cold-pressed oil is safer than hot-pressed oil and aids in avoiding the negative effects of high temperatures.

Market Dynamics

HIGH NUTRITIONAL VALUE IS A DRIVING FACTOR

Cold-pressed oils contain the natural antioxidants present in the seed from which they were extracted. Cold-pressed oils are extracted at temperatures below 49 degrees Celsius at room temperature. Cold-pressed oils retain most of their delicate colour and flavour, as well as their nutritional value. Furthermore, cold-pressed oil is devoid of trans fatty acids and cholesterol. In recent years, cold-pressed oil has garnered considerable attention.

In addition, high nutritional value and enhanced flavour contribute significantly to the market's growth. Cold press extraction is one of the mechanical extraction processes that require the least amount of energy in comparison to other oil extraction techniques. 

A LONGER SHELF LIFE AND MULTIPLE USAGE DRIVE THE MARKET

Without preservatives, the shelf life of cold-pressed oils ranges between six and nine months. It plays a vital role in Asian cuisine and has a peculiar flavour. This food is rich in polyunsaturated fatty acids. Moreover, vitamin E and phenols, particularly gamma-tocopherol, as well as the lignans sesamin and sesamolin, exhibit a variety of biological actions. Cold-pressed oil is regarded as one of the healthiest cooking and dietary oils due to its numerous health advantages. High demand for cold-pressed oils from a variety of applications, such as personal care, food and beverages, and animal food, is the primary factor driving market expansion.

AN INCREASE IN DEMAND FOR NATURAL INGREDIENTS WILL BRING IN NEW OPPORTUNITIES FOR THE MARKET

In recent years, there has been an increase in the demand for "all-natural ingredients," primarily as a result of a greater understanding of the benefits of natural ingredients and an increase in disposable income, which causes people to spend more money on pricey natural products. This demand is fueled further by the growing health consciousness of the general population, which leads to increased spending on high-quality natural products with long-term effects.

Several manufacturers across all industries are developing new strategies for incorporating natural and healthy ingredients into their formulations in order to maximise the benefits for consumers. The influence of "natural claims" on the purchase of food and beverage products and cosmetics is considerable. Cold-Pressed oils provide an "all-natural" flavour and aroma to a variety of industries, including food & beverage, cosmetics, animal feed, and home care, among others, which creates numerous opportunities in this market.

Regional Analysis

From 2022 to 2030, the CAGR for North America is anticipated to be 6.2%. A rise in health consciousness among the populace, resulting in a healthier lifestyle, is anticipated to accelerate the market's expansion during the forecast period. In addition, people's desire for a clean, pollution-free environment will likely drive the growth of the market in developed regions such as North America during the forecast period.

The Asia-Pacific market is anticipated to grow at a rate of 6.4% from 2022 to 2030. In 2021, the Asia-Pacific market will hold a share of over 40.0%. This is because raw materials are readily available, and labour costs are low. China, India, and Indonesia are substantial market contributors. In the Asia-Pacific region, cold-pressed oil is widely used due to its high nutritive value, superior flavour, and aroma. Consequently, the region produced the most revenue in 2021.

Key Highlights

• The global Cold-Pressed Oil Market was valued at USD 26.95 billion in 2021 and is projected to reach USD 44.19 billion by 2030 at a CAGR of 5.65% 2022 to 2030.
• The high nutritional value of cold-pressed oils, their multiple usages and their longer shelf lives are some of the driving factors of the market.
• This market can be segmented on the basis of products, distribution channels, regions and competitors.
• By 2030, North America is anticipated to have the largest market share, with the Asia Pacific emerging as the fastest-growing market.

Competitive Players

Competitors Analysis

The market is comprised of a number of well-established players as well as a number of smaller and medium-sized players. Due to the numerous benefits of cold-pressed seed oils, a number of businesses are involved in their production and distribution. Numerous sellers have increased the production of cold-pressed oil in response to its popularity as a skin remedy. GNC Holdings, Inc. and Blackmores Limited are the two companies that are likely to focus on cold-pressed oils for the cosmetics industry. Statfold Seed Oils Ltd., Wilmar International Ltd., Archer Daniels Midland Company (ADM), Bunge Limited, Cargill Inc., China Agri-Industries Holdings Limited, Naissance Natural Healthy Living, Gramiyum Wood Pressed Oils, The healthy Home Economist, and FreshMill Oils are some of the leading companies in the global cold pressed oil market.

Recent Developments

Recent Developments

• In January 2021, Acacia Communications renounced its $ 2.6 billion merger deal with Cisco Systems. The manufacturer of optical interconnection products has decided to terminate the agreement reached over a year and a half ago after Acacia stated that it had not received approval from the Chinese government's State Administration for market regulation by the deadline. Cisco, for its part, has informed Acacia that it will challenge Acacia's ability to terminate the merger agreement.
• NCR Corporation (NYSE NCR), a leading provider of store-operating retail solutions, announced the acquisition of the top e-commerce retailer Freshop. Adding e-commerce to NCR's primary retail point-of-sale platform will enable retailers, particularly small regional and regional supermarket chains, to rapidly implement "buy" capabilities online and in-store collection 'to directly meet their customers' needs.
• In December of 2018, Marico introduced a line of cold-pressed virgin coconut oils under the brand name "Coco Soul," keeping in mind that a growing number of consumers prefer natural and farm-fresh foods. The new product line includes 100 per cent natural and 100 per cent organic options. Coco Soul originates from farms where the coconuts are hand-harvested and freshly harvested.

Segmentation

Cold-Pressed Oil Market: Segmentation

Product Outlook

• Coconut Oil
• Palm Oil
• Ground Nut Oil
• Rapeseed Oil
• Soybean Oil
• Sunflower Oil
• Others

Distribution Channel Outlook

• Hypermarkets & Supermarkets
• Convenience Stores
• Online
• Others

Regional Outlook

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa