Press release
Cold Pressed Oil Market to Reach $34.91 Billion by 2031, Driven by Health-Conscious and Eco-Friendly Trends
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Market Overview
Cold-pressed oils, derived from seeds, nuts, and vegetables, have gained significant popularity due to their health benefits and eco-conscious extraction process. These oils retain essential nutrients like vitamins, antioxidants, lecithin, and phospholipids, making them a preferred choice for cooking, skincare, and wellness applications.
Emerging markets, particularly in the Asia Pacific region, are anticipated to witness robust growth owing to rising disposable incomes, urbanization, and the growing preference for natural and organic products.
Key Market Drivers
Health and Wellness Trends:
The global shift towards healthier lifestyles has driven demand for cold-pressed oils, which are free from chemicals and retain their natural nutrients.
Cosmetic Industry Applications:
The use of cold-pressed oils in skincare and haircare is on the rise. For example, HPPY Skin, a leading cosmeceutical brand, launched a line of cold-pressed rosehip oil skincare products in June 2024 to meet the demand for eco-conscious beauty solutions.
Sustainable Production Practices:
Consumers increasingly seek products with transparent and environmentally responsible sourcing. Cold-pressed oils align with these values due to their chemical-free extraction processes.
Plant-Based Diets:
The growing popularity of vegan and plant-based diets has further boosted demand for nut- and seed-based oils such as almond, flaxseed, and sunflower oils.
Regional Market Insights
Asia Pacific: A Dominant Force
The Asia Pacific region is expected to hold the largest share of the cold-pressed oil market, accounting for 41.4% in 2024, with a projected CAGR of 7.8% from 2024 to 2031.
Countries like India, China, and Japan drive this growth through traditional cooking practices and the influence of ayurvedic health principles.
In September 2024, sales of cold-pressed oils in India surged by 20%, bolstered by campaigns promoting their health benefits.
North America: Rising Adoption of Clean Eating
North America is estimated to hold an 18.5% market share in 2024, with a CAGR of 5.6% from 2024 to 2031.
Health-conscious consumers are turning to cold-pressed oils for their high vitamin and antioxidant content.
The region has witnessed a 25% year-over-year growth in online sales of cold-pressed oils, reflecting the rising popularity of e-commerce platforms.
Segment Highlights
Palm Oil Leads the Market
In 2024, palm oil is projected to account for 38.5% of global sales due to its balanced fatty acid profile and rich vitamin E content.
Sustainability initiatives, such as Cargill's launch of RSPO-certified cold-pressed palm oil in April 2024, cater to eco-conscious consumers.
B2C Distribution Channels Dominate
B2C channels, including supermarkets, hypermarkets, and e-commerce platforms, will hold 57.4% of market share in 2024.
Platforms like Amazon reported a 22% YoY increase in cold-pressed oil sales in July 2024, reflecting the growing importance of online retail.
Emerging Trends
Cosmetic and Personal Care Integration:
The inclusion of cold-pressed oils in premium beauty products highlights their versatility. Argan, jojoba, and rosehip oils are particularly favored for their skincare and haircare benefits.
Technological Advancements:
Innovations in cold-pressing technology are improving extraction efficiency, reducing waste, and enhancing product quality.
Focus on Sustainability:
Manufacturers are adopting transparent supply chains and sourcing practices to appeal to eco-conscious consumers.
Read More: https://www.persistencemarketresearch.com/market-research/cold-pressed-oil-market.asp
Future Outlook
The cold pressed oil market is set to flourish, driven by the growing demand for natural and sustainable products. Key players are expected to focus on product innovation, digital retail expansion, and sustainable sourcing practices to meet evolving consumer preferences.
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