PUBLISHER: Allied Market Research | PRODUCT CODE: 1193362
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193362
The global cold-pressed coconut oil market was valued at $2.8 billion in 2021, and is projected to reach $5.6 billion by 2031, growing at a CAGR of 7.1% from 2022 to 2031.Cold-pressed coconut oil extraction is one of the methods of mechanical extraction as well as requires less energy than other oil extraction techniques. It eliminates all harmful effects that are born through conventional methods of oil extraction. In addition, it is environmentally friendly and is used to obtain high-quality oils by performing production at low temperatures using the cold press method.
Cold-pressed coconut oils are safer than hot-pressed oils and avoid adverse effects caused by high temperatures. Moreover, these oils have better nutritive properties than refined oils. These oils provide a vital contribution toward a healthy life as they are non-refined, cholesterol free, and free of any harmful solvent residues. Also, the rise in demand for unrefined oil worldwide and the growth in trends among consumers involving a healthy intake of food are anticipated to drive the market. Also, the rise in concern about the environment and surroundings propel the growth of the cold-pressed oil market all around the world. However, low productivity and allergy to consumers caused by Virgin coconut oil, and coconut RBD oil restrict the growth of this market globally. Also, major health issues such as itchy palms and feet, shortness of breath, and nasal blockage are expected to hinder the market growth.
The global cold pressed coconut oil market is segmented based on type, distribution channel, application and price point. Depending on the type, the market is divided into virgin coconut oil and coconut RBD oil. Based on the distribution channel, is divided into convenience stores, departmental stores, modern trade units, and online retail. By application, it is classified into the food industry, agriculture, and cosmetics & personal care industry. Based on the price point the market is classified into premium and mass.
The report highlights the drivers, restraints, opportunities, and growth strategies adopted by the key players to understand the dynamics and potential of the market. Key players operating in the cold-pressed oil market are profiled to provide a competitive landscape of the marketspace.
Major players operating in the cold-pressed oil market are Statfold Seed Oil Ltd, Freshmill Oils, Naissance Natural Healthy Living, Gramiyum Wood Pressed Cooking Oil, Lala's Group, Archer Daniels Midland Company, Cargill, Bunge, Wilmar International, and COFCO.
Key Benefits For Stakeholders
By Type
By Distribution Channel
By Application
By Price Point
By Region