The Global Cold Pressed Oil Market size was valued at USD 27.02 Billion in 2019 and is estimated to reach USD 44.78 Billion by 2030 with a CAGR of 4.7% over the forecast period.
Cold-pressed technique is a method to extract oil from oilseeds such as sesame, olive and coconut. Cold pressing technique avoids heat generation and enhances the taste & aroma of the oil. It also retains the subtle color and nutritional value. These oil do not contain added chemicals and preservatives. It is cholesterol free and does not contain trans-fatty acids. Furthermore, this method is environment friendly.
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Top Companies: 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 others.
The global cold compressed oil market share has been analyzed based on type, distribution channel, application and geography. Based on type, the market is segmented into coconut oil, cottonseed oil, olive oil, palm oil, palm kernel oil, peanut oil, rapeseed oil, soybean oil, and sunflower seed oil. Based on application, the market is segmented into food industry, agriculture, and cosmetics and personal care industry. Based on distribution channel, the market is segmented into convenience stores, departmental stores, modern trade units, and online retail. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
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The key factors driving the cold compressed oil market are the increasing application of oil in the preparation of various cuisines and rising awareness about the benefits of cold pressed oil such as high nutritional value and enhanced flavor. Furthermore, advancements in technology have resulted in the enhancement of techniques for cold pressed oil preparation. However, allergic reactions such as itchy palms, shortness of breath and nasal blockage caused by few oil may restrain the market growth. Consequently, the rising emphasis of people to consume foods strictly comprising of natural fruits and flavors is also estimated to drive the market growth.
North America holds the leading market share because of rising awareness of its health benefits. European market is estimated to show consistent growth due to development of its food industry. Moreover, the market of Asia – Pacific is estimated to show rapid growth due to the expanding consumer base.
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