According to a recent Fact.MR study, from 2022-2032, the cold pressed oil market is expected to grow at a value CAGR of 5.9%. In 2021, this market was predicted to have a global valuation of US$ 28 Billion, and is expected to reach a sum of US$ 52.6 Billion by 2032. The market is going to face increasing demand owing to the increased health-consciousness of the consumers towards using
nutritional products for cooking and for their skin as well. From 2017 to 2021, the cold pressed oil industry grew at a CAGR of 5.2%. The health benefits of cold-pressed oils have caused consumers to replace other hydrogenated oils. A growing trend of consumers eating only foods containing natural fruits and flavors has also contributed to the growth of the market. The cold-pressed oil contains no added chemicals or preservatives, and it does not destroy linoleic acid tissue; it is therefore healthier and greener. Therefore, these factors will contribute to the growth of the cold-pressed oil industry globally.
Various countries in North America are experiencing a surge in demand for clean products. Consumers in North America are more inclined to use products labeled as clean.. Cold-pressed oils contain no additives or chemicals, giving manufacturers the right to label them clean products, which in turn attracts more buyers. During the forecast period, the market is likely to grow in developed regions like North America due to the concern among people about a clean environment.