Nut Oils Market Research Report – Forecast to 2027

Nut Oil Market Research Report: Information by Nut Type (Almond, Walnut, Hazelnut, Pine, Pistachio, Macadamia, Others) Packaging Type (Jars, Bottles, Pouches, Others) Distribution Channel (Store-Based and Non-Store-Based), Region - Forecast till 2027

ID: MRFR/F-B & N/5114-HCR | September 2022 | Region: Global | 100 Pages         

Nut Oil Market

Nut Oil Market is expected to grow at a 8.65% CAGR and reach USD 205185.28 Million by 2030.

Segmentation

By Nut Type Almond Walnut Hazelnut Pine Pistachio Macadamia Others
By Packaging Type Jars Bottles Pouches Others
By Distribution Channel Store Based Non Store Based

Key Players

  • Roland Foods LLC (US)
  • Azada (Spain)
  • Nutfield's GmbH (Germany)
  • World Finer Foods (US)
  • La Tourangelle Inc. (US)
  • Selina Naturally (US)
  • Vita Line Ltd (Bulgaria)
  • Denova Products (South Africa)
  • Caloy Inc. (US)
  • Machado (UK)

Drivers

  • Growing demand in the food industry
  • Demand from the cosmetic industry
  • Increasing awareness about the health benefits
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Nut Oil Market Overview:


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.


The use of nut oils is now prevalent in massage therapies and the pharmaceutical industry. Some of the nut oils are good for the skin. They can heal dryness and moisturize the skin. The growth of nut oil usage in various industries is growing rapidly. Proper utilization of the oil can lead to good heart health. Usage of these oils in lotions, moisturizers, and cleaners is beneficial for the market. All these are factors that are expected to have an exceptional impact on this market growth.


Further, the types of nuts used in oil extractions are plenty. The market has various segments such as walnut, pine, peanut, hazelnut, pistachio, pine, and more. Both the store and non-store-based segment of the market is growing. In recent years, the rising regular oil prices are having a positive impact on this market. There is more growth in the supply of nut oil in many countries. Further, nut oil market Value is immense due to these factors. 


Covid Analysis 


The outbreak of covid 19 is having a high impact on various industries. There is a high price of products that are affecting consumers. Due to the less availability of products, there is a surging cost of many products. Also, panic buying is now prevalent in many regions. People are afraid of not getting enough food supplies. Thus, essential products have massive demand all over the world. The nut oil market is witnessing high demand in this period.


Oil prices are surging in many places. This enables many to choose cost-effective oil. Some of the nut oils are affordable. The production of this market is growing rapidly in the forecast period. Also, the adoption rate in this market is expected to grow. Due to the less supply disruption in upcoming years, the supply rate is expected to grow. As per the nut oil market forecastthe cost post covid trends of the market keep surging. 


Market Dynamics 



  • Crucial Market Drivers 


The growing demand in the food industry will be a crucial driver of the market. The food market is expanding rapidly. There is changing preference of consumers witnessed in the food market. Due to the changing consumer trends, the demand for nuts oils is growing. In recent years, the adoption of nut oil is increasing among consumers. It is a healthy oil type that benefits the consumer.


The low calories and low cholesterol properties of this oil are gaining more significance among the end-users. These are factors that are expected to increase the overall supply of this market in the forecast period. Further, demand from the cosmetic industry is a crucial driver of the market. The nuts oil market is witnessing wide expansion due to the demand from the cosmetics sector. The use of almond oil in many beauty products is rising.


Further, the growth of product lines such as moisturizers, cleansers and other beauty products stirs the overall demand for nuts oil. Also, increasing awareness about the health benefits of peanut oil are factors driving the growth of the nut oil market. The surge in the use of peanut oil by-products in food manufacturing units is expected to raise the overall market demand. These are factors that will create a positive Nut oil market outlook. 



  • The Market Growth Opportunities 


The rising disposable income of individuals is expected to create Nut oil market growth opportunities. In many countries per capita income of individuals is rising. Due to this growth investments in the oils market will rise. The investments for is and developments in the market are expected to surge among end-users. Further, demand from the developing nations will boost growth opportunities. The developing nations have high demand for nut oils in recent years.


There is a surging need for oil due to the rise in population and demand in the food industry. These are a factor that will create high cope for growth in this market. Furthermore, new product launches in the nut oil market will take place in upcoming years. There are many nuts from which the key players are extracting nut oil. These initiatives will lead to more product launches in the market. All these are a factor that will have an immense impact on the growth rate of this market. 



  • The Market Restraints


The shortage of raw materials is a restraining factor in the market.  The availability of nuts in some regions is less. Due to less availability, there is raw materials scarcity in the market. Further, there are many raw materials challenges in the market during the forecast period.


During the pandemic, the availability of raw materials and supplying these products to manufacturing facilities has become difficult. It is a restraining factor of the market that can affect both the demand and supply. Raw material price fluctuations can also increase the overall price. 



  • The Market Challenges 


The complexity of nuts production is a challenge in this market. There are many challenges during the harvesting process of these nuts is high. Pests can ruin the harvest of nuts. These nuts are prone to pests and insects.


The complexities in harvesting can cause many challenges in production. Also, these factors can affect the taste and quality of the nut oil. The price of exotic nut oil is high. The high cost is an issue that can affect market demand in the forecast period. 



  • Cumulative Growth Analysis 


Nut oil market trends remain stable in the forecast period. Many factors surge the growth of this market. Also, the segmentations continuously surge the overall demand of this market. Some of the crucial segments with high demand are walnut, peanut, and hazelnut. Expanding demand for this market will contribute to high market expansion.


Further, growing demand from the various industries is an exceptional growth factor. Also, there is demand from both the cosmetics industry which raises the supply rate. However, there are restraints in this market such as the raw material shortage. Also, the difficulties in production are factors that can cause a decline. However, growth opportunities such as rising disposable income will create more growth. 



  • Value Chain Analysis 


Nut oil market analysis suggests that Europe will dominate in the forecast period. The demand for nuts oil is rising in this market. Awareness about nuts oil is immense in Europe. The low cholesterol and low-calorie benefits of the product rise in adoption in various households.


Regional foods in this region have high usage of nut oil. Various salads and food items use nut oil as a dressing. New developments in the market are expected due to the rising investments. All these are factors that will cause exceptional expansion rates in Europe. 


Segment Overview 


Nut Oil Market by Product 



  • Almond 

  • Walnut 

  • Hazelnut 

  • Pistachio 

  • Macadamia 

  • Others 


Nut Oil Market by Packaging 



  • Pouches 

  • Bottles 

  • Jars 


Nut Oil Market Distribution Channel 



  • Store-based 

  • Non-store based 


Nut Oil Market by Geography 


North America 



  • US 

  • Canada 


Europe



  • Germany 

  • France 

  • Italy 

  • UK 

  • France 


Asia pacific 



  • China 

  • India 

  • Australia 

  • Singapore 

  • Middle East Africa 

  • Latin America 


Competitive Landscape 


The competition in the nut oil market is rising. The entrance of new market players is growing. Due to this price competitiveness in the market is expected to be high. Also, expansion, mergers, collaborations, and partnerships in the market will rise. New product launches will grow. 


Regional Analysis 


There are crucial nut oils regional players such as Asia pacific, North America and Europe. Europe will hold the highest Nut oil market share. The European market is having exceptional demand for nut oil market. There is a growing need for nut oil among consumers. The growing health awareness of the product is a crucial driver of the market. The Asia Pacific is the next largest market with the highest growth.


China, India, and Australia are countries having a high demand for the market. Also, awards for weight regulation and lesser health issues are gaining more popularity. All these are a factor that contributes to the high growth of this market. 


The Key Players in The Nut Oil Market Are 



  • Roland Foods, LLC (US)

  • Azada (Spain)

  • Nutfield's GmbH (Germany)

  • World Finer Foods (US)

  • La Tourangelle, Inc. (US)

  • Selina Naturally (US)

  • Vita Line Ltd (Bulgaria)

  • Denova Products (South Africa)

  • Caloy, Inc. (US)

  • Machado (UK)


Report Overview 



  • Market overview highlights 

  • Analysis based upon COVID 19

  • Explanation of the Market Dynamics

  • Value chain analysis

  • Market segmentation overview

  • The regional analysis

  • Competitive landscape analysis

  • Recent Developments



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Frequently Asked Questions (FAQ) :

The rising demand in the food industry and cosmetic market is a crucial driver of the market.

Europe is a crucial regional player in the nut oil market.