Latest Research report on Cold-Pressed Oil Market Size predicts favourable growth and forecast
According to a new report published by KD
Market Insights, titled,"Cold-Pressed
Oil Market by Type, Application and
Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019 -
2026,"the cold-pressed oil market size was $24.62 billion in 2018, and is
projected to reach $36.40 billion in 2026, registering a CAGR of 5.3% from
2019 to 2026.Cold pressed oils are obtained from seeds, fruits, and vegetables
by pressing and crushing them with the help of modern steel press. Regulation
of temperature plays a vital role during oil extraction by cold pressed method.
As a result, the temperature is maintained below 49°C (120°F) during extraction
of oils. Cold pressed extraction is a mechanical method and require less energy
as compared to other oil extraction techniques.
Health conscious consumers are adopting
healthy eating practices. As a result, products that contain functional
nutrients and are beneficial for the health have gained wide acceptance all
over the world. Cold-pressed oils do not contain added chemicals and
preservatives and also do not destroy linoleic acid tissue, and is more green
and healthy. Hence, these factors are anticipated to drive the growth of the
global cold-pressed oil industry during the forecast period.
In 2018, the palm oil segment accounted for
the highest share in the cold pressed oil market. This is due to health
benefits it provides to the consumers such as reduction in cholesterol levels,
boosts brain health, and improves skin and hair, and others.
By distribution channel, the online retail
segment is anticipate to grow at the highest growth rate. This is due to the
convenience offered by online retailing. It reduces consumer search costs,
making it easier to virtually compare different products and prices. In
addition, online retail enables new distribution technologies that can reduce
supply chain and distribution costs.
Based on application, the food industry
contributed the maximum share in cold-pressed oil undustry in 2018 owing to its
massive usage in cooking, in marinating salads and via dietary supplement.
Also, in developed nation such as North America, people prefer virgin or
cold-pressed oil in their diet as it has clinically proven health benefits.
Furthermore, it is anticipated to grow at the highest growth rate during the
forecast period.
In 2018, based on region, North America is the
leading segment in cold-pressed oil market forecast owing to rising health
awareness among the population leading to healthy lifestyle. Also, the growing
concern among people regarding clean and pollution free environment propels the
growth of the cold-pressed oil market in a developed nation such as North
America.
However, low productivity and allergy to
consumers caused by soybean seed, rapeseed, coconut, and others restrict the
growth of this market globally. Also, major health issues such as itchy palm
and foots, shortness of breath, and nasal blockage are anticipated to hinder
the market growth.
Key Findings of the Cold-Pressed Oil
Market:
- Region wise, Asia-Pacific is anticipated to
lead the cold-pressed oil market during the forecast period.
- Based on type, the palm oil segment occupied the maximum share of the cold-pressed oil market analysis in 2018.
- By application, the food industry dominated the overall market in 2018, and is expected to dominate the market during the forecast period.
- By distribution channel, online retail segment is anticipated for the highest cold-pressed oil market share during the forecast period (2019-2026).
- Based on type, the palm oil segment occupied the maximum share of the cold-pressed oil market analysis in 2018.
- By application, the food industry dominated the overall market in 2018, and is expected to dominate the market during the forecast period.
- By distribution channel, online retail segment is anticipated for the highest cold-pressed oil market share during the forecast period (2019-2026).
The key players profiled
in the cold-pressed oil market includes Statfold Seed Oil Ltd., Freshmill Oils,
Naissance Natural Healthy Living, Gramiyum Wood Pressed Cooking Oil, The Health
Home Economist, Lala’s Group, Archer Daniels Midland Company, Cargill, Bunge,
Wilmar International, and COFCO.
About Us:
KD Market
Insights is one of the leading providers of market intelligence products
and services. We offer reports on over 10+ industries and update our collection
daily which helps our clients to access database of expert market insights on
global industries, companies, products, and trends.
Our
in-house research experts have a wealth of knowledge in their respective
domains. With KD Market Research, you always have the choice of getting
customized report free of cost (upto 10%). Our support team will help you
customize the report and scope as per your business needs. This ensures that
you are making the right purchase decision. Our clients list includes various
Fortune 500 companies and leading advisory firms.
Contact Us:
KD
Market Insights
90
State Street, Albany,
New
York, USA 12207
+1
(519) 300-1215
Comments
Post a Comment