Middle East & Africa Cold Pressed Oil Market Poised for Robust Growth, Forecasted to Expand at 4.0% CAGR from 2023-28
MarkNtel Advisors has released its latest report highlighting strong growth in 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.
Report Coverage
This report offers a comprehensive analysis of the Middle East & Africa Cold Pressed Oil Market, providing valuable insights across historical trends, current dynamics, and future forecasts.
- Base Year: 2022
- Forecast Years: 2023-28
- Historical Years: 2018-21
Middle East & Africa Cold Pressed Oil Market Overview
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.
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Middle East & Africa Cold Pressed Oil Market Segmentation Outlook
The Middle East & Africa Cold Pressed Oil is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Application
- Cooking
- Cosmetics & Personal Care
By Product Outlook
- Coconut Oil
- Palm Oil
- Groundnut Oil
- Rapeseed Oil
- Soybean Oil
- Others (Sunflower Oil, Castor Oil, etc.)
By Distribution Channels
- Offline
- Supermarket & Hypermarket
- Convenience Stores
- Departmental Stores
- Online
By Country
- The UAE
- Saudi Arabia
- Qatar
- Egypt
- Turkey
- South Africa
- Rest of the Middle East & Africa
Middle East & Africa Cold Pressed Oil Market D/C/T/o
Growing Consumer Affinity for Natural Ingredients Alongside Traditional Extraction Methods- The recent explosion in consumers’ interest in natural and organic ingredients has called for more organic, non-GMO, natural, minimally processed, fortified, heart-friendly oils by manufacturers. In fact, companies are using these claims to highlight their products' uniqueness in order to draw consumers' attention and, in turn, amplify their revenues. Cold-pressed oils furnish an all-natural flavor and aroma to numerous industries, including cosmetics, food & beverage, animal feed, and home care, thereby bolstering the market growth.
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Top Middle East & Africa Cold Pressed Oil Market Brands & Their Strategic Market Positioning
MarkNtel Advisors Research identifies Pristine True Health, Silver Line Chemicals, Hearti Grub, Organic Delicacy, Happy Harvester, My Flavory, Faaz, Limmun Oil, Lulu Group International, Nature’s Way, Others as key players shaping the market landscape.
Middle East & Africa Cold Pressed Oil Market News
- In 2022, LuLu Group International and the Malaysian Palm Oil Council have signed a Memorandum of Understanding(MoU) to boost Malaysia’s palm oil-based products adoption in the UAE by leveraging LuLu hypermarket’s retail network.
- Concepta Ingredients which specializes in providing natural solutions for the food & beverage industry has participated for the first time in the most renowned food event, Gulfood Manufacturing, in Dubai, United Arab Emirates. The company, which recently expanded in Dubai, highlights the cold-pressed vegetable oils range, which contains products made from sunflower, sesame, linseed, and safflower, launched in November 2022.
Key Questions Answered in the Report
- What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
- How the industry has been evolving, and which segments would dominate the market during the forecast period?
- What are the key opportunity areas that companies foresee in the coming years 2028?
- Who are the key players in the market, and what are their competitive strengths?
- What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?
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