Market Definition
Cold press abstraction is one of the mechanical extraction methods, which requires relatively less energy than other oil extraction methods. Cold-pressed oils are manufactured naturally or extracted by crushing sun-dried oil seeds or nuts such as coconut, sesame, castor, groundnut, sunflower, mustard, or olive at room temperature. Being a traditional oil extraction method, it does not involve any additional elements, preservatives, or heat, thereby retaining the original nutritional values.
Market Insights
The Middle East & Africa Cold Pressed Oil Market is projected to grow at a CAGR of around 4.0% during the forecast period, i.e., 2023-28. Such considerable market ascension primarily attributes to the rising consumer consciousness relating to holistic well-being owing to the growing health and fitness awareness digital campaigns across the region. As such, consumers are constantly looking for products that may promote better health, which, in turn, has compelled food brands to bring more transparent products, going past ingredients, free-from status, and nutritional levels. Such rising propensity has furthered the sales of cold-pressed oils, thereby bolstering the market revenue during the forecast period.
Report Coverage | Details |
---|---|
Study Period | Historical Data: 2018-21 |
Base Year: 2022 | |
Forecast Period: 2023-28 | |
CAGR (2023-2028) | 4.0% |
Country Covered | The UAE, Saudi Arabia, Qatar, Egypt, Turkey, South Africa, Rest of the Middle East & Africa |
Key Companies Profiled | Pristine True Health, Silver Line Chemicals, Hearti Grub, Organic Delicacy, Happy Harvester, My Flavory, Faaz, Limmun Oil, Lulu Group International, Nature’s Way, Others. |
Unit Denominations | USD Million/Billion |
Moreover, unlike hot-pressed, these oils downsize the adverse effects of high temperature and exhibit more enriching properties than refined oils as they are free from cholesterol or undesired solvent residues, promoting a healthy lifestyle. Besides, the environmental concern associated with the hot–pressed methods has again paved the way for the steady adoption of such sustainable and traditional extraction techniques, which, in turn, facilitates cold-pressed oil market expansion during the forecast period.
Apart from cooking, cold-pressed oils have also witnessed significant adoption in cosmetic and personal care products. It primarily attributes to the swift affinity for natural & herbal-based remedies for treating hair and skin issues. In fact, the market has received massive requirements for such kinds of oils by derma and medical products. These factors again seem to influence the market growth positively. Another factor likely to accelerate the market ascension during the forecast period is the large-scale adoption of cold-pressed oils in the numerous cuisines across the region.