Global Oil Pressers Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Oil Pressers industry revenue is expected to be around $3.3 billion in 2025 and expected to showcase growth with 5.1% CAGR between 2025 and 2034. The significant growth of the Oil Pressers market highlights its increasing importance in industrial sectors as a result of various key factors such as the rising need to convert raw materials like oilseeds into oil and oilseed meal in response to the demand in the food industry where edible oil plays a crucial role. Moreover the growing requirement for energy sources has contributed to the higher utilization of oil pressers, in biofuel manufacturing processes thus enhancing its continuing relevance.
Oil presses used in industries are leading the market due to their build and efficiency in operation with a high output capacity; they are widely utilized across various sectors such as food processing plants extracting oil from seeds like sunflower seeds and soybeans to biodiesel production facilities transforming raw materials into fuel that can be used effectively. The increasing number of health consumers opting for cold press oils because of their nutritional value along with advancements, in oil pressing technology have contributed significantly to the growth of the market landscape.
Market Key Insights
- The Oil Pressers market is projected to grow from $3.2 billion in 2024 to $5.2 billion in 2034. This represents a CAGR of 5.1%, reflecting rising demand across Food Industry, Cosmetics and Skincare and Biofuel Production.
- Gongyi Vega Machinery Manufacturing Co. Ltd, Holyphant Machinery Co. Ltd, AGICO are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Oil Pressers market and are expected to observe the growth CAGR of 3.3% to 4.9% between 2024 and 2030.
- Emerging markets including Nigeria, Indonesia and Chile are expected to observe highest growth with CAGR ranging between 5.9% to 7.0%.
- Transition like Technological Advancements in Oil Pressers has greater influence in United States and China market's value chain; and is expected to add $97 million of additional value to Oil Pressers industry revenue by 2030.
- The Oil Pressers market is set to add $2.0 billion between 2024 and 2034, with manufacturer targeting Hot Press Oil Machines & undefined Functionality projected to gain a larger market share.
- With Rising demand for healthy edible oils, and Technological advancements in oil pressers, Oil Pressers market to expand 64% between 2024 and 2034.