Global Cold Pressed Oil Market Size is projected to reach $52.60 billion by 2032

Based on a recent study by Fact.MR, the cold pressed oil market is forecasted to witness a value CAGR of 5.9% from 2022 to 2032. In 2021, the market was estimated at US$ 28 Billion globally, with expectations to reach US$ 52.6 Billion by 2032. This growth is attributed to rising consumer awareness regarding the health benefits of nutritional products for both cooking and skincare, driving increased demand.

Various countries in North America are experiencing a surge in demand for clean products. Consumers in North America are more inclined to use products labeled as clean.. Cold-pressed oils contain no additives or chemicals, giving manufacturers the right to label them clean products, which in turn attracts more buyers. During the forecast period, the market is likely to grow in developed regions like North America due to the concern among people about a clean environment.

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What could possibly hinder Cold Pressed Oil Deployment?
High Cost Challenges will affect the Growth of this Market

One big constraint to this market is that these oils can cause allergy to the consumers. One can have an allergic reaction to a vegetable oil such as sunflower, olive, groundnut, almond, etc., since these are cold pressed and can contain small amounts of proteins which can cause allergic reactions. For example, occasionally a person can develop an allergy to an oil product or a blend.

The allergy is not due to the essential oils of rosewood, and blue tansy in the blend. It is due to the almond oil or olive oil present in the blend. What may appear to be an allergic reaction to a blend of essential oils may be due to a carrier oil contained in the blend. Thus, consumers allergic to these ingredients will not buy the products, and sales are likely to dwindle.

Global market growth is limited by low productivity and allergies also caused by soybean, rapeseed, coconut, and other products. The market growth is also expected to be hindered by severe health issues such as itchy palms and feet, shortness of breath, and nasal congestion.

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Key Segments Covered in the Cold Pressed Oil Industry Survey
By Product Type : Cold Pressed Coconut Oil, Cold Pressed Groundnut Oil, Cold Pressed Palm Oil, Cold Pressed Rapeseed Oil, Cold Pressed Sunflower Oil, Cold Pressed Soybean Oil, Other Cold Pressed Oils
By Distribution Channel : Cold Pressed Oil Sales via Hypermarkets & Supermarkets, Cold Pressed Oil Sales via Online Channels, Cold Pressed Oil Sales via Convenience Stores, Cold Pressed Oil Sales via Other Distribution Channels
By Region : North America, Europe , Asia Pacific , Middle East & Africa , Latin America

Competitive Landscape
This market is dominated by well-established players and several small and medium-sized players. Many companies manufacture and supply cold-pressed seed oils because they have many health-related and environment-related advantages. As the demand for skin treatments grows, several manufacturers are producing more cold-pressed oil.

In February 2022, Dabur India Ltd, India's largest Ayurvedic and Natural Health Care Company, will launch virgin coconut oil, solidifying its market position in cold-pressed coconut oil.

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Key players in the Cold Pressed Oil Market
Statfold Seed Oils Ltd.
Archer Daniels Midland Company (ADM)
Wilmar International Ltd
Bunge Limited
Cargill Inc.
Naissance Natural Healthy Living
China Agri-Industries Holdings Limited
The Healthy Home Economist
Gramiyum Wood Pressed Oils
FreshMill Oils

Key Takeaways from Cold Pressed Oil Market Study
In 2022, the global cold pressed oil market is estimated to have a global market size of US$ 29.65 Billion.
Cold pressed oil market in North America is expected to grow with 6.8% CAGR during the forecast period.
Asia Pacific had a market share of 40.7% in 2021 and is expected to grow with a 6.5% CAGR during 2022-2032
Palm cold pressed oil captured 39.5% of the global cold pressed oil market share and is expected to exhibit a 5.5% CAGR
Sales across hypermarkets and supermarkets captured 46% market share in 2021, poised to reflect a 5.7% CAGR until 2032

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This release was published on openPR.