Cold Pressed Oil Market Revenue, Demand and Share by Manufacturers Forecast 2021-2030

The Global Cold Pressed Oil Market size was estimated to be USD 27.02 Billion in 2019 and is predicted to reach USD 44.78 Billion by 2030 with a CAGR of 4.7% from 2020-2030.

In the past, a long cylindrical contraption known as 'ghani' was used to extract oil from oilseeds. However, a new technique known as cold pressing technique was introduced in 1983. Cold-pressed technique is a method of extracting oil from oilseeds such as sesame, olive and coconut. Cold pressing technique avoids heat generation by controlled temperature setting and enhances the taste of the oil. It also retains the subtle color and nutritional value of the extracted oil. Oil extracted through this process do not contain added chemicals or any types of preservatives and hence, is considered to be more healthy. The method is also ecofriendly and does not cause any harm to the environment.

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Top Companies: Archer-Daniels-Midland Company (ADM), Bunge Limited, Cargill Inc., China Agri-Industries Holdings Limited., Freshmill Oils, Lala Jagdish Prasad & Company (LALA GROUP), Multi Technology (Gramiyum), Naissance Trading, Statfold Oil Ltd., Wilmar International Ltd.

Market Dynamics and Trends:

Cold pressed oil market is primarily driven by increased usage of cold pressed oil in the preparation of various cuisines. Additionally, upsurge in internet penetration and accessibility of smart gadgets is increasing awareness about the benefits ofcold pressed oilsuch as its high nutritional value and enhanced flavor. Such rise in awareness among individuals is also driving the market growth. Also, the rise in concern about the environment and surroundings boost the market growth.

However, allergic reactions caused to some people from its consumption may restrain the market growth. Consequently, the increasing preference of people to consume healthy food including natural fruits and flavors is estimated to drive the market growth.

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Market Segmentations and Scope of the Study:

The global cold pressed oil market share has been analyzed based on type, distribution channel, application and geography. Based on type, the market is segmented into coconut Oil, cottonseed oil, olive oil, palm oil, palm kernel oil, peanut oil, rapeseed oil, soybean oil, and sunflower seed oil. Based on application, the market is segmented into food industry, agriculture, and cosmetics and personal care industry. Based on distribution channel, the market is segmented into convenience stores, departmental stores, modern trade units, and online retail. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis:

North America is estimated to witness highest adoption of cold pressed oil because of its health benefits and environment friendly characteristics. European market is estimated to show consistent growth due to the development in its food industry. Moreover, the market of Asia Pacific is estimated to show rapid growth with consistent increase in market share due to high nutritional value of cold pressed oil, coupled with enhanced taste & aroma. It is also a cholesterol free antioxidant.

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