Global Cold Pressed Oil Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Cold pressed oil is obtained using a mechanical process that retains its nutritional content and is known for its natural color and aroma that enhance its sensory qualities. The increasing focus on wellness and organic foods has led to a rise, in the popularity of cold pressed oils like olive oil avocado oil and coconut oil as they offer a healthier alternative.
Market Key Insights
- The Cold Pressed Oil market is projected to grow from $39.2 billion in 2024 to $68.3 billion in 2034. This represents a CAGR of 5.7%, reflecting rising demand across Nutritional Benefits in Food, ial Lubricant Uses and Cosmetic.
- The market leaders in this industry include The Freshmill Oils and Statfold Seed Oil Ltd and Clearspring Ltd which determine its competitive dynamics.
- U.S. and China are the top markets within the Cold Pressed Oil market and are expected to observe the growth CAGR of 3.7% to 5.5% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 6.6% to 7.9%.
- The market for Cold Pressed Oil will experience a $4.1 billion increase in growth through 2030 because of the transition toward organic products.
- The Cold Pressed Oil market is set to add $29.0 billion between 2024 and 2034, with manufacturer targeting Olive & Avocado Type projected to gain a larger market share.
- With Rising health consciousness, and Increasing demand in cosmetics, Cold Pressed Oil market to expand 74% between 2024 and 2034.
Opportunities in the Cold Pressed Oil
The increasing popularity of veganism and plant based diets has led to the utilization of pressed oils extracted from nuts, seeds and fruits as nutritious options, for cooking oils.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Rising Health Consciousness, and Technological Advancements in Oil Pressing Techniques
The increasing popularity of extracted oils, in the beauty and personal care sector is also a key factor driving this trend forward. This is also attributed to their characteristics like hydrating properties and the ability to alleviate skin irritations while enhancing skin complexion and texture. Cosmetic companies are also progressively integrating extracted oils into their merchandise to drive market expansion.
Restraint: High Production Cost
Opportunity: Fitness and Wellness Segment and Luxury Cosmetic Applications
The luxury cosmetics industry holds prospects with the popularity of cold pressed oils rising due to their rich nutrients and antioxidants content being incorporated into upscale beauty products as a vital component. The growing consumer interest, in friendly and top tier cosmetic items is poised to drive growth in this sector.
Challenge: Market Awareness and Penetration
Supply Chain Landscape
Cargill
Archer Daniels Midland Company
Bunge Limited
Louis Dreyfus Company
Wilmar International
COFCO International
DuPont
Sonoco Products Company
Cargill
Archer Daniels Midland Company
Bunge Limited
Louis Dreyfus Company
Wilmar International
COFCO International
DuPont
Sonoco Products Company