Nut oils are a vital ingredient in the cooking process and used mainly for seasoning and flavoring. They contain higher volume of oil as compared to seed oil. They are normally extracted through screw pressing and hydraulic pressing processes. Nuts oils are also known as virgin oil, cold-pressed oils, and cold-drawn oils. Market Research Future (MRFR) has outlined numerous trends and drivers in its global nut oils market report for the period of 2020 to 2030.
The Nuts Oils Market Research report Size was valued at USD 100.9 Billion in 2022. The nut oils market industry is projected to grow from USD 109.627 Billion in 2023 to USD 212,89 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.65% during the forecast period (2023 - 2032). Nut oil market size growing at an exponential pace. The nuts belong to the plant’s family. These nuts are oil-rich products. The amount of oil in this product is higher. The oil of nuts is high in quality and healthy. It is low-fat oil that has many health benefits. The extraction of the nut oil is through various processes. Cold press and hot press are used to extract oil from the nuts. The nut oil is used for various purposes. They are used in cooking as well as for many other purposes.
Market Drivers and Challenges
The global nut oils market is slated to display a notable CAGR from 2022 to 2030 (forecast period) due to the high nutritious content and unique flavor offered by it. It can command a significant demand due to its phytosterols and oleic acid content. The emerging trend of veganism and the consumption towards plant-based foods are factors likely to induce high market demand of nut oils. Health benefits offered by nut oils such as omega-3, antioxidants, and monounsaturated fats are expected to bode well for the global market.
The wave of health-consciousness and inclination towards healthy cooking can attract consumers towards nut oils. Furthermore, the use of these oils in the cosmetic industry due to its emollient nature can augur favorably for its demand.
Segmentation
The global nut oils market is segmented by nut type, packaging type, and distribution channel.
The global nut oils market has been classified, based on nut type, as almond, walnut, hazelnut, pine, pistachio, macadamia, and others. The almond segment is likely to dominate the market standings in the type segment till 2030. This can be attributed to its high protein content in skin and hair treatment products. On the flip side, the macadamia nut oils segment can demonstrate a remarkable growth rate during the forecast timespan owing to content of oleic acid and 80% monounsaturated fats which can reduce cholesterol levels.
Request for free sample copy: https://www.marketresearchfuture.com/sample_request/6576
Based on packaging type, the global nut oils market has been divided into jars, bottles, pouches, and others. Bottles can dominate the market during the forecast timespan due to these containers being reusable and cost-effective in nature. Pouches are estimated to display a high growth rate over the forecast period due to its recyclable nature. The material in the inner lining can ensure the freshness of the content and extend the shelf-life of the product by a considerable amount.
The global nut oils market has been segregated, based on distribution channel, into store-based and non-store-based. The store-based segment has further been divided into supermarkets and hypermarkets, convenience stores, and others. The store-based segment is the reputable distribution channel due to retail chains having a vast network which allows maximum customers to gain access to latest products. However, the non-store-based segment can gain the market share over the forecast period due to proliferation of ecommerce stores and inclination of consumers in shopping online due to convenience.
Regional Analysis
Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW) are the regions discussed with respect to the market report.
Europe is expected to be the leading region of the market due to the purchase of these oils in cooking and seasoning. The preparation of salads and local cuisines which call for nut oils in its preparation as well as the changing dietary patterns can bode well for the regional Key nut oils market player’s demand.
The APAC region can register a significant growth rate during the forecast period due to benefits of bone and heart health and weight management. High consumption in Australia, India, and China can ensure a steady stream of dividends for the market in the region.
Competition Outlook
The Nut Oils Market players is booming, with key players like Bunge Limited, Archer Daniels Midland Company, and La Tourangelle dominating the industry. These companies offer a wide range of nut-based oils, catering to the growing demand for healthier cooking options. Their innovative products and sustainable practices are reshaping the market.
Roland Foods, LLC (US), Azada (Spain), Nutfield's GmbH (Germany), World Finer Foods (US), La Tourangelle, Henc. (US), Selina Naturally (US), Vita Line Ltd (Bulgaria), Denova Products (South Africa), Caloy, Henc. (US), Machado (UK) and others
Industry News
Rahua Elixir contains nut oil harvested from natural ingredients of the Amazon region and targeted for women with dry hair to keep their hair lustrous and thick.
Tequila Market Research Report Information By Type (Blanco, Reposado, Anejo and Others), By Grade (Value, Premium, High-end Premium and Super Premium), By Distribution Channel (On-trade and Off-trade) and By Region (North America, Europe, Asia-Pacific, and Rest of the World) –Market Forecast Till 2032
Vitamins & Minerals Supplements Market Research Report Information by Product Type (Vitamins, and Mineral), Form (powder, capsule & tablets, liquid, and others), End User (amen, women, and unisex), Application (energy/sports nutrition, weight management, immunity and digestive health, anti-cancer, skin care, glycemic & diabetes management, and others), Distribution Channel (supermarkets & hypermarkets, chemist/pharmacies, drugstores/parapharamcies, online, and others), And by Region (North America, Europe, Asia-Pacific, and Rest of the Worl
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
PH no.: +1 646 845 9312
Email: sales@marketresearchfuture.com
English
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Greek
urdu