Nut Oils Market Analysis by Roland Foods, LLC, World Finer Foods, La Tourangelle, Selina Naturally

The global nut oils market size is expected to reach USD 231.31 Billion in 2032 and register a steady revenue CAGR of 8.7% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for nut oils owing to various benefits, such as better diabetes control and reliving skin problems, is a key factor driving the market revenue growth.

Consuming nut oil, such as peanut oil, helps to increase the metabolism and lose weight. Peanut oil is a safe solution for diabetics owing to high quantity of unsaturated fats, which increases insulin sensitivity and maintains blood sugar levels under control. Arthritis is a condition that results from bone inflammation, hence peanut oil aids in relieving pain while also reducing joint inflammation and helps to strengthen the joints.

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This oil contains High-Density Lipoprotein (HDL), or good cholesterol, which lowers bad cholesterol levels. Peanut oil does not add to artery blockage and aids in the maintenance of cholesterol levels in the body.

In addition, rising demand for nut oils in cosmetics for their moisturizing characteristics is another factor driving revenue growth of the market. For instance, Kukui nut oil eases dry skin, prevents premature ageing, and soothes sunburn, hence as a result gained popularity in the beauty care industry for the cosmetic uses.

Nut oil contains vitamins B and E, which make the skin look soft, plump, and youthful, and promotes the development of new skin cells, reducing fine lines, wrinkles, and dark spots, therefore is prescribed by dermatologists. However, excessive consumption of peanut oil as it contain omega-6 fatty acids is a key factor, which could restrain market revenue growth.

Some Key Highlights From the Report
• The almond segment accounted for largest revenue share in the global nut oils market in 2022 due to rising demand for almond oil owing to various benefits. In the cosmetics sector, almond oil is often utilized in skin creams and antiaging treatments since it has emollient and sclerosant effects, as a result, is used to improve complexion and skin tone.

• Almond oil is also an effective antifungal agent, for instance, individuals rub it on the feet to prevent the removal of fungal illnesses such as ringworm. In addition, unsaturated fat diets have certain health benefits, such as a lower risk of heart disease and obesity, and aid in weight loss, as a result it is prescribed by doctors for maintaining good health.

• The cold-pressed nut oils segment is expected to register steadily fast revenue growth rate in the global nut oils market during the forecast period. This is because cold-pressed groundnut oil contains a high amount of vitamin E, which is being increasingly used in cosmetic applications including sun protection Sun Protection Factor (SPF) formulations that incorporate vitamin E and provide Ultraviolet (UVA) and UVB protection,. In addition, rising demand for cold-pressed nut oils in the hair care industry is another factor driving revenue growth of this segment. Cold-pressed nut oil is excellent for nourishing and moisturizing the hair and is particularly beneficial for dry, brittle, and damaged hair.

• The Asia Pacific market accounted for largest revenue share in the global nut oils market in 2022. This is due to rising demand for nut oils among individuals owing to various benefits in countries such as India and China. Moreover, increasing product launches by major companies is also expected to drive market revenue growth of this region during the forecast period. For instance, on 28 June 2022, Bajaj Consumer Care enhanced its Almond Drops portfolio by launching additional products. The goal is to offer new products under the Bajaj Almond Drops brand, which involves the completion of a hair oil portfolio.

• Some major companies in the global market report include Roland Foods, LLC, World Finer Foods, La Tourangelle, Selina Naturally, Vitaline, Denova Products, South Press Co Ltd, Caloy Company, LP, Natural Sourcing Company, and Oils of Aloha.

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For the purpose of this report, Emergen Research has segmented the global nut oils market on the basis of nut type, packaging type, category, product form, distribution channel, end-use, and region:

• Nut Type Outlook (Revenue, USD Billion; 2019-2032)
o Almond
o Walnut
o Hazelnut
o Pine
o Pistachio
o Macadamia
o Others

• Packaging Type Outlook (Revenue, USD Billion; 2019-2032)
o Jars
o Bottles
o Pouches
o Others

• Category Outlook (Revenue, USD Billion; 2019-2032)
o Organic
o Conventional

• Product Form Outlook (Revenue, USD Billion; 2019-2032)
o Refined Nut Oils
o Cold-Pressed Nut Oils
o Blended Nut Oils
o Virgin/Extra Virgin Nut Oils

• Distribution Channel Outlook (Revenue, USD Billion; 2019-2032)
o Store-Based
1. Grocery Retailers
2. Non-Grocery Retailers
o Online Retailing

• End-use Outlook (Revenue, USD Billion; 2019-2032)
o Food Processing Industries
o Personal Care & Cosmetic Industries
o Direct Consumption
o Aromatherapy
o Paints & Varnishes
o Others

• Regional Outlook (Revenue, USD Billion, 2019-2032)
o North America
1. U.S.
2. Canada
3. Mexico
o Europe
1. Germany
2. UK
3. France
4. Spain
5. BENELUX
6. Rest of Europe
o Asia Pacific
1. China
2. India
3. Japan
4. South Korea
5. Rest of APAC
o Latin America
1. Brazil
2. Rest of LATAM
o Middle East & Africa
1. Saudi Arabia
2. UAE
3. Israel
4. Rest of Middle East & Africa

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