Press release
Cold-Pressed Coconut Oil Market 2022 - By Industry Outlook, Future Trends, Growth Analysis and Forecast To 2031
The Cold-Pressed Coconut Oil Market Size was valued at $2.8 billion in 2021, and is estimated to reach $5.6 billion by 2031, growing at a CAGR of 7.1% from 2022 to 2031.The factors such as rise in demand for unrefined coconut oil worldwide, increase in trend among consumers for healthy food intake, and upsurge in demand for unprocessed, organic, and unrefined coconut oil are driving the growth of the global cold-pressed coconut oil market.
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Cold-pressed coconut oil is obtained from coconut by pressing and crushing them with the help of a modern steel press. Regulation of temperature plays a vital role during oil extraction by the cold pressed method. As a result, the temperature is maintained below 49°C (120°F) during the extraction of oils. Cold-pressed extraction is a mechanical method and requires less energy as compared to other oil extraction techniques.
Health-conscious consumers are adopting healthy eating practices. As a result, products that contain functional nutrients and are beneficial for health have gained wide acceptance all over the world. Cold-pressed coconut oils do not contain added chemicals and preservatives and also do not destroy linoleic acid tissue, and are more green and healthy. Hence, these factors are anticipated to drive the growth of the global Cold-Pressed Coconut Oil Market Trends during the forecast period.
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In 2021, based on region, North America is the leading segment in the Cold-Pressed Coconut Oil Market Forecast owing to rising health awareness among the population leading to a healthy lifestyle. Also, the growing concern among people regarding a clean and pollution-free environment propels the Cold-Pressed Coconut Oil Market Opportunities in a developed nation such as North America.
However, low productivity and allergy to consumers are caused by virgin coconut oil, and coconut BD oil. Also, major health issues such as itchy palms and feet, shortness of breath, and nasal blockage are anticipated to hinder the market growth. Due to the economic recovery in the majority of emerging economies, the market for the cold-pressed coconut oil market is rapidly recovering from the pre-COVID stages, and a stable growth rate is anticipated during the forecast period. After the COVID-19 forecast period, these variables are anticipated to accelerate the Cold-Pressed Coconut Oil Market Growth.
The major key players profiled in the Cold-Pressed Coconut Oil Market Analysis include Statfold Seed Oil Ltd, Freshmill Oils, Naissance Natural Healthy Living, Gramiyum Wood Pressed Cooking Oil, The Health Home Economist, Lala's Group, Archer Daniels Midland Company, Cargill, Bunge, Wilmar International, and COFCO.
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