Cold Pressed Coconut Oil Market: Shift in Preference of Consumers Toward Virgin or Cold Pressed Coconut Oil

Cold Pressed Coconut Oil Market was valued at USD 3.16 Billion in 2022, and is expected to reach USD 5.14 Billion by 2029, exhibiting a CAGR of 7.2 % during the forecast period (2023-2029)

Cold pressed coconut oil is known for its antiviral and antibacterial activity along with its anti-inflammatory benefits. This oil offers enhanced antioxidant retention and flavor as compared to the refined form. In addition, it has positive effect on blood lipids, as it is rich in lauric acid that improves the composition of blood lipids, hence, is preferred by health-conscious consumers.

Cold pressed coconut oil is extracted through pressing of seeds that results in extraction of pure coconut oil, unlike traditional method of heating oils, which results in fine particulate emission. Unlike refined coconut oil, cold pressed oil eliminates the heat that increases the antioxidant content. Therefore, it can be expected to have higher levels of antioxidants.

Moreover, cold pressed coconut oil is used in baking to impart a coconut & nutty flavor. In addition, it is naturally additive free, as cold pressed oils do not undergo refining. It contains lauric acid, which further helps in suppressing many infections. Moreover, it is highly preferred for cooking, as it has a high heat tolerance. All these factors collectively offer remunerative opportunities for cold pressed coconut oil market growth.To know about the Research Methodology :- Request Free Sample Report
Cold Pressed Coconut Oil Market Dynamics
Rise in demand for unrefined oil across the world

Solvent-extracted oil is refined oil that is low in nutrients. Thus, rise in consumer awareness regarding the ill effects and demerits of using refined oil propels the demand for unrefined oil. Oil that is labelled as virgin, pure, and raw is termed as unrefined oil. Such oil is processed with minimal or no heat; hence, it is ideal for consumption as well as tropical use.

Moreover, unrefined oil contains high nutrient content, which is a major reason that customers prefer unrefined oil. All these factors collectively have boosted its demand across the globe at a significant rate, thereby driving the growth of the cold pressed oil coconut market.

Increase in trend among consumers for healthy food intake

Shift in preference of consumers toward virgin or cold pressed coconut oil, thanks to increase in prevalence of obesity and its associated diseases is the key factor that fuels the growth of the global cold pressed coconut oil market. Extraction of oil by industrial methods involves exposer of seeds to extremely high temperatures to get clear bland oil. Moreover, this process strips the oil of all its nutritive values along with affecting its aroma and flavour.

The more refined an oil is, the less nourishing it will be. Thus, consumers prefer cold pressed oil, as it is raw, pure, and rich in nutrients. Furthermore, this oil is unprocessed, as well as is completely free from trans-fat and is rich in vitamin E & micro-nutrients that are vital for holistic well-being. Thus, rise in consumption of such coconut oil drives the growth of the global cold pressed coconut oil market.

Upsurge in demand for unprocessed, organic, and unrefined oil

It has been witnessed that unprocessed, unrefined products are witnessing increased popularity among health-conscious consumers. In developed nations, meals are enriched with extra virgin/cold pressed virgin oils, as they possess clinically proven health benefits. Furthermore, coconut oil extracted from pressing techniques is free of chemicals and does not result in emission of pollutants that may harm the environment.

Although the yield of cold pressed coconut oil extracted is across the globe, its quality, in terms of purity and nutrient content, is rich as compared to the oils obtained using solvent-based extraction. Hence, this is expected to offer lucrative opportunities for manufacturers to garner maximum share of the cold pressed coconut oil market during the forecast period.

Low productivity and high initial equipment cost

Although cold pressed coconut oil is virgin and pure, its productivity is considerably low. It is extracted through mechanical pressing or expeller pressing. Such process of extraction results in low extractability, high energy consumption, labor-intensive operation, and requires high initial equipment cost. Furthermore, solvent oil extraction is the most widely used commercially extraction technique, owing to the fact that it offers more extractability as compared to mechanical pressing techniques. Hence, such factors are expected to hamper the growth of the cold pressed coconut oil market during the forecast period.

Surge in health concerns associated with cold pressed coconut oil

Although cold pressed coconut oil offers numerous benefits, its overuse can result in itch palms & foots, nasal blockage, shortness of breath, and other such ill effects. Moreover, a number of consumers are allergic to coconut oil, which restrains the growth of the cold pressed coconut oil market. Furthermore, increase in consumption of cold pressed coconut oil may lead to rise in concerns of blood pressure, blood clots, and bleeding disorders. Thus, all these factors are expected to inhibit the growth of the global cold pressed coconut oil market.
Cold Pressed Coconut Oil Market Segment Analysis
Based on application, the cold pressed coconut oil market is segmented into food industry, agriculture, and cosmetics & personal care industry. The food industry segment accounted for the largest market share in 2022, and is expected to grow at the highest growth rate during the forecast period. Furthermore, the agriculture segment is expected to grow at the significant CAGR during the forecast period. Cold pressed coconut oil is majorly applicable across the food industry, thanks to its distinctive taste and characteristic. It serves as the best suitable oil in marinades, salad dressings, and dips.

In addition, it has high smoke point, which makes ideal for roasting, baking, deep & shallow frying, and stir frying. Cold pressed coconut oil is considered the most suitable oil for cooking in India.

Cold pressed coconut oil, being naturally low in saturated fats and free from trans-fats, is majorly used in cooking and marinating salads in the food industry. It is used as dietary supplement, which propels its demand among health-conscious consumers. In developed nations such as North America, people prefer virgin or Cold pressed coconut oil in their diet, as it has clinically proven health benefits such as it is rich in monounsaturated fats that promote cardiovascular health. Although the process of cold-pressing yield low oil content, it extracts the purest form of oil with essential nutrients that benefit the health of the consumers. Hence, all factors together drive the Cold pressed coconut oil market globally.

Based on distribution channel, the cold pressed coconut oil market is segmented into convenience stores, departmental stores, modern trade units, and online retail. The modern trade units segment accounted for the largest market share in 2022, and is expected to grow at the significant growth rate during the forecast period. Furthermore, the online retail segment is expected to grow at the highest CAGR during the forecast period, thanks to increase in internet penetration worldwide.

Modern trade units, such as supermarkets and hypermarkets, provide the ease of purchase to their customers. They offer cold pressed coconut oils of various brands under one roof. Therefore, this saves large amount of time and energy of consumers, thus driving the sale of cold-pressed oils. Consumers find it easy to view cold-pressed oil of various brands and compare the features and prices of the same.
Cold Pressed Coconut Oil Market Regional Insights
North America region dominated the cold pressed coconut oil market in 2022. This is attributed to high purchasing power and inclination to spend on health. Furthermore, the cold pressed coconut oil market growth in this region is driven by increased preference for oil containing low cholesterol and minimal fat content, due to increase in prevalence of cardio vascular diseases. In addition, surge in demand for nutritional food, change in consumption pattern of consumers, and rise in need for healthy food are expected to augment the demand for cold pressed coconut oil, thereby driving the cold pressed coconut oil market growth in this region.



In Germany, cold pressed coconut oils have witnessed increasing popularity, thanks to increase in preference for virgin coconut oil, as it is healthier. Among all, cold-pressed coconut oil is expected to show highest adoption, due to its perceived nutritional benefits. The production of cold pressed coconut oils in Europe is majorly carried out in small-and medium-sized facilities. Here processing involves selection of the best coconut batches, pre-treatment, pressing of oil, oil cleaning, and storage of the oil. It has been witnessed that cold pressed coconut oils possess superior nutritional properties, therefore, its use in the preparation of food is highly recommended.

Furthermore, cold pressed coconut oil is majorly used in salad preparation and similar applications. Moreover, around 200 small- and medium-sized oil mills are located in Germany, which positively affect the growth of the cold pressed coconut oil market in Europe.

Asia-Pacific is one of the fastest developing regions in the world, due to increase in consumer preference toward healthy food additives & supplements. In addition, rise in awareness regarding the ill effects of oil extracted through solvent techniques and increase in disposable income are expected to offer lucrative growth potential for the development of the Cold pressed coconut oil market in economies such as India and China. In Asia Pacific, the demand for cold pressed coconut oil has increased, thanks to surge in demand from the food sector. Upsurge in population and improvement in standard of living in China have boosted the demand for cold pressed coconut oil to cater to the increasing consumer needs.

Moreover, the requirement for lower priced cold pressed coconut oil has been witnessed to increase in developing nations such as India and other countries in Asia-Pacific owing to its increased consumption. In addition, increasing in health consciousness among consumers has shifted their preference toward healthy oils, which boosts the growth of the cold pressed coconut oil market. Furthermore, competition among cold pressed oil manufacturers to comply with governing guidelines to promote zero-trans-fat oil and reduction in hydrogenated oil content in food products is expected to augment the sale of cold pressed coconut oil in the Asia-Pacific market.
Cold Pressed Coconut Oil Market Scope: Inquiry Before Buying



Cold Pressed Coconut Oil Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US 3.16 Bn.


Forecast Period 2023 to 2029 CAGR:
7.2 %
Market Size in 2029:
US 5.14 Bn.


 Segments Covered:
by Type
1. Virgin Coconut Oil
2. Coconut RBD Oil


by Distribution Channel
1. Convenience Store
2. Departmental Store
3. Modern Trade Units
4. Online Retail


by Application
1. Food Industry
2. Agriculture
3. Cosmetics and Personal Care


by Price Point
1. Premium
2. Mass


by Nature
1. Conventional
2. Organic


by Source
1. Dry Coconut
2. Wet Coconut



Cold Pressed Coconut Oil Market, by Region
 North America (United States, Canada and Mexico)
 Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Cold Pressed Coconut Oil Market, Key Players are
1. Archer-Daniels-Midland Company (ADM)
2. Bunge Limited, Cargill Inc.
3. China Agri-Industries Holdings Limited.
4. FreshMill Oils
5. Lala Jagdish Prasad & Company (LALA GROUP)
6. Multi Technology (Gramiyum)
7. Naissance Trading
8. Statfold Oil Ltd.
9. Wilmar International Ltd
10. Cargill Inc.
11. Davidsun Naturals
12. HealthyTraditions, Inc.
13. Nutiva, Inc.
14. Vaamaa Oil
15. Garden of Life
16. Viva Naturals
17. Trader Joe’s
18. NOW Foods
19. Spectrum Organics
20. Carrington Farms

Frequently Asked Questions:

1] What is the growth rate of the Global  Market?
Ans. The Global Cold Pressed Coconut Oil Market is growing at a significant rate of 7.2% during the forecast period.

2] Which region is expected to have the highest growth rate in the Global  Market?
Ans. The North America region is expected to hold the highest growth rate in the Cold Pressed Coconut Oil Market during the forecast period.

3] What is the market size of the Global Market by 2029?
Ans. The market size of the Cold Pressed Coconut Oil Market by 2029 is expected to reach USD 5.14 Bn.

4] What are the major key players of the Global Market?
Ans. The major key players of the Global Market are Archer-Daniels-Midland Company (ADM), Bunge Limited, Cargill Inc., China Agri-Industries Holdings Limited., FreshMill Oils, Lala Jagdish Prasad & Company (LALA GROUP), Multi Technology (Gramiyum), and Naissance Trading.

5] What factors are driving the growth of the Global  Market in 2022?
Ans. Rise in demand for unrefined oil and increase in trend among consumers for healthy food intake are the major factors expected to drive the Global Cold Pressed Coconut Oil Market during the forecast period.