Global Cold Pressed Seed Oils Market Size By Type (Flaxseed Oil, Hempseed Oil), By Application (Retail/Grocery Stores, Convenience Stores), By Region, And Segment Forecasts, 2023 to 2032

The Global Cold Pressed Seed Oils Market was valued at USD 5.2 billion in 2023 and is projected to reach USD 8.1 billion by 2031, growing at a CAGR of 5.6% during the forecast period from 2023 to 2031. Cold-pressed seed oils, known for their superior nutritional value, have garnered significant demand due to the growing consumer awareness about healthy eating habits and natural products. The demand is further amplified by the increasing popularity of vegan and plant-based diets, along with a shift towards organic and unrefined oils in culinary and cosmetic applications.

Drivers:

Increasing Health Awareness: Consumers are becoming more aware of the health benefits associated with cold-pressed oils, such as high content of antioxidants, essential fatty acids, and vitamins.

Rising Demand for Organic Products: The growing trend of organic and natural products is driving the market, as cold-pressed oils are minimally processed, retaining more nutrients compared to refined oils.

Growth of the Cosmetic Industry: The cosmetic sector is increasingly utilizing cold-pressed oils due to their skin-friendly properties, fueling additional demand.

Restraints:

High Production Costs: Cold pressing is a less efficient extraction method compared to solvent extraction, leading to higher production costs which can limit market penetration.

Short Shelf Life: Cold-pressed oils have a relatively short shelf life due to the absence of preservatives, which can be a limiting factor for their adoption in large-scale commercial applications.

Opportunities:

Increasing Demand in Emerging Markets: As consumer awareness about health and wellness grows in emerging markets like Asia-Pacific and Latin America, there is substantial growth potential for cold-pressed oils.

Expansion in the Personal Care Industry: The increasing use of natural and organic ingredients in skincare and haircare products presents a growing opportunity for cold-pressed seed oils.

Market by System Type Insights:

The Cold-Pressed Coconut Oil segment accounted for the largest market share in 2023, driven by its widespread application in both the culinary and cosmetic industries. Meanwhile, the Cold-Pressed Olive Oil segment is expected to witness the fastest growth due to its premium positioning and high demand in Mediterranean and health-conscious diets.

Market by End-Use Insights:

Based on end use, the Food & Beverage segment held the largest market share in 2023, benefiting from the rising popularity of health-conscious eating habits and plant-based diets. The Cosmetic & Personal Care segment is expected to experience significant growth as consumer preference for natural skincare products increases.

Market by Regional Insights:

In terms of regional markets, North America dominated the global cold-pressed seed oils market in 2023, attributed to the strong presence of health-conscious consumers and established personal care industries. However, Asia-Pacific is forecasted to be the fastest-growing region during the forecast period, driven by increasing disposable incomes, urbanization, and rising demand for organic and health-promoting products.

Competitive Scenario:

Key players in the global cold-pressed seed oils market include Cargill Inc., Archer Daniels Midland Company, Bunge Limited, Hain Celestial Group Inc., and Marico Limited. These companies are focusing on expanding their product portfolios, investing in research and development for new extraction technologies, and entering into strategic partnerships to enhance market presence.

Scope of Work – Global Cold Pressed Seed Oils Market

Key Market Developments:

2023: Cargill Inc. launched a new range of cold-pressed oils tailored for the premium skincare segment.

2024: Archer Daniels Midland Company announced a partnership with leading organic food retailers to expand its cold-pressed oil offerings.

2025: Marico Limited expanded its manufacturing facilities in India to cater to the rising domestic demand for cold-pressed coconut oil.

FAQs:

What is the current market size of the Global Cold Pressed Seed Oils Market?

The Global Cold Pressed Seed Oils Market was valued at USD 5.2 billion in 2023.

What is the major growth driver of the Global Cold Pressed Seed Oils Market?

The major growth driver is the increasing consumer awareness of the health benefits of cold-pressed oils, coupled with a rising demand for organic and natural products.

Which is the largest region during the forecast period in the Global Cold Pressed Seed Oils Market?

North America is currently the largest region, but Asia-Pacific is expected to witness the fastest growth during the forecast period.

Which segment accounted for the largest market share in the Global Cold Pressed Seed Oils Market?

The Cold-Pressed Coconut Oil segment accounted for the largest market share in 2023.

Who are the key market players in the Global Cold Pressed Seed Oils Market?

Key market players include Cargill Inc., Archer Daniels Midland Company, Bunge Limited, Hain Celestial Group Inc., and Marico Limited.