The global cold-pressed oil market has witnessed significant growth in recent years, driven by increasing consumer awareness of health benefits and the rising demand for natural and organic products. According to Straits Research, the market was valued at USD 26.95 billion in 2021 and is projected to reach USD 44.19 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.65% from 2022 to 2030. This article delves into the market dynamics, segmentation, key players, regional insights, and future opportunities, providing a holistic view of the cold-pressed oil industry.

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Market Scope and Research Methodology

The cold-pressed oil market is analyzed based on historical data from 2018 to 2020, with 2021 as the base year and forecasts extending to 2030. The research methodology includes a combination of primary and secondary research, ensuring accuracy and reliability. Primary research involves interviews with industry experts, manufacturers, and distributors, while secondary research includes data from industry reports, company websites, and government publications. The study focuses on product types, distribution channels, and regional markets to provide a comprehensive understanding of the industry landscape.

Segmentation

By Product Type

• Coconut Oil: Dominated the market in 2021, with a share of over 40%. It is expected to grow at a CAGR of 5.9% from 2022 to 2030, driven by its health benefits, including improved brain health and skin care.

• Soybean Oil: Expected to grow at a CAGR of 5.8%, fueled by its affordability and increasing demand in the food and biodiesel industries.

• Others: Includes palm oil, groundnut oil, rapeseed oil, and sunflower oil, each contributing to the market's growth.

By Distribution Channel

• Hypermarkets & Supermarkets: Projected to grow at a CAGR of 5.8%, benefiting from personalized services and immediate product availability.

• Online Channels: Expected to witness the highest CAGR of 6.5%, driven by convenience, price comparison options, and time efficiency.

Regional Insights

• Asia-Pacific: The largest market in 2021, accounting for over 40% of global revenue. The region is expected to grow at a CAGR of 6.4% due to the availability of raw materials, low labor costs, and high demand for nutritious oils.

• North America: Anticipated to grow at a CAGR of 6.2%, driven by increasing health consciousness and the demand for pollution-free, natural products.

• Other Regions: Europe, Latin America, and the Middle East & Africa are also expected to contribute to market growth, albeit at a slower pace.

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Key Players

• Statfold Seed Oils Ltd.

• Wilmar International Ltd.

• Archer Daniels Midland Company (ADM)

• Bunge Limited

• Cargill Inc.

• China Agri-Industries Holdings Limited

• Naissance Natural Healthy Living

• Gramiyum Wood Pressed Oils

• The Healthy Home Economist

• FreshMill Oils

Recent Developments

• In January 2021, Cisco Systems terminated its $2.6 billion merger deal with Acacia Communications due to regulatory challenges.

• NCR Corporation acquired Freshop, a leading e-commerce retailer, to enhance its retail solutions.

• In December 2018, Marico launched "Coco Soul," a line of cold-pressed virgin coconut oils, catering to the growing demand for natural and organic products.

Conclusion

The global cold-pressed oil market is poised for robust growth, driven by increasing health awareness, demand for natural ingredients, and the versatility of cold-pressed oils. While challenges such as adulteration persist, opportunities in emerging markets and the rise of e-commerce are expected to propel the industry forward. With key players innovating and expanding their product portfolios, the future of the cold-pressed oil market looks promising.

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