The Global Cold Pressed Oil Market size was estimated to be USD 27.02 Billion in 2019 and is predicted to reach USD 44.78 Billion by 2030 with a CAGR of 4.7% from 2020-2030.
Some of the key players in the Cold Pressed Oil Market are: Archer-Daniels-Midland Company (ADM), Bunge Limited, Cargill Inc., China Agri-Industries Holdings Limited., Freshmill Oils, Lala Jagdish Prasad & Company (LALA GROUP), Multi Technology (Gramiyum), Naissance Trading, Statfold Oil Ltd. and Wilmar International Ltd among others.
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The global cold-pressed oil market is segmented based on type, application, and distribution channel. Depending on type, the market is divided into coconut oil, cottonseed oil, olive oil, palm oil, palm kernel oil, peanut oil, rapeseed oil, soybean oil, and sunflower seed oil. By application, it is classified into food industry, agriculture, and cosmetics & personal care industry. Based on distribution channel, it is divided into convenience stores, departmental stores, modern trade units, and online retail.
Cold press extraction is one of the methods of mechanical extraction as well as require less energy than other oil extraction techniques. Initially this concept of extraction was used on vegetables and fruits to extract juices. Later on, this technique was used to extract oils as well. This concept is being used to retain the flavor, aroma, and nutritional value of food. Cold-pressed oils contain natural antioxidant of the seed from which they were produced. Furthermore, it eliminates all harmful effects that are born through conventional methods of oil extraction. In addition, it is environment friendly and is used to obtain high-quality oils through performing production at low temperatures using cold press method. Cold pressed oil is safer than hot pressed oil and helps avoids adverse effects caused by high temperature. Moreover, these oils have better nutritive properties than refined oils. However, low productivity and allergy to consumers caused by soybean seed, rapeseed, coconut, and others is expected to restrict the growth of cold-pressed oil market globally. Also, major health issues such as itchy palm and foots, shortness of breath, and nasal blockage affect the cold-pressed oil market growth. On the contrary, these oils provide a vital contribution toward a healthy life as they are non-refined, cholesterol free, and are free of any harmful solvent residues, which may eventually drive the global cold-pressed oil market.
Key Benefits for Cold-pressed Oil Market:
· The report provides a quantitative analysis of the current market, estimations, trends, and dynamics of the cold-pressed oil market size from 2018 to 2026 to identify the prevailing market opportunities.
· The key countries in all the major regions are mapped based on the market share and cold-pressed oil market trends.
· Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
· In-depth analysis of the market segment and size assists to determine the prevailing market opportunities.
· Major countries in each region are mapped according to their revenue contribution to the global cold-pressed oil industry.
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