The Nuts Oils Market Size was valued at USD 109.6 Billion in 2023. The nut oils industry is projected to grow from USD 119.1 Billion in 2024 to USD 212,89 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.53% during the forecast period (2024 - 2032). Increased use to produce high-quality oil for use in a variety of industries and rising consumer demand in the food and cosmetic industries, and growing knowledge of the health benefits of nut oil are the key market drivers enhancing the market growth.
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for nut oils is being driven as the family of plants includes nuts. Oil is abundant in these nuts. This product contains a greater amount of oil. Nut oil is of excellent quality and is good for you. There are many health advantages to this low-fat oil. There are several procedures used to extract the nut oil. Oil from the nuts is extracted using both cold and hot presses. Numerous uses exist for nut oil. Along with many other uses, they are used in cooking.
Nut oils are now widely used in massage treatments and the pharmaceutical industry. Some nut oils are beneficial to the skin. They can moisturize the skin and treat dryness. Nut oil usage is expanding quickly across a range of industries. A healthy heart can result from using the oil properly. The market benefits from using these oils in creams, lotions, and cleaners. All of these elements are predicted to have a remarkable impact on the expansion of this market.
Many different kinds of nuts are used to extract oil. The market is divided into several categories pine, walnut, peanut, hazelnut, pistachio, and pine. The market is expanding on both the store-based and non-store-based sides. The increase in regular oil prices in recent years has benefited this market. The supply of nut oil is increasing in many nations. These factors also contribute significantly to the enormous value of the nut oil market. Nut oil is a nut used to produce high-quality oil for various industries. Oil is extracted from nuts using either a hot or cold press. Among the uses for nut oil are aromatherapy, personal care, food and drink, pharmaceuticals, and many other things. Due to the high quality of nut oil used in many skin care products like moisturizers, lotions, cleaners, and others is primarily used in the cosmetic industry. Nut oil is abundant in linoleic, oleic, palmitic, palmitoleic, and stearic acids, phytosterols, zinc, copper, and vitamins D, C, E, and A. It treats damaged and dehydrated hair. Age spots and sun damage are treated with it. Hen butter and body creams serve as an emulsifier. The skin is hydrated as a result. Het helps with eczema, psoriasis, dry skin, and aging skin. Massage with nut oil to reduce stress and anxiety. Along with that, it stops dandruff. Thus, driving the nut oils market revenue.
The nut oils market segmentation, based on nut type, includes almond, walnut, hazelnut, pine, pistachio, macadamia, and others. The almond segment dominated the market; many skincare products use almond oil as an ingredient because of its moisturizing qualities. Het aids in hydrating and nourishing the skin, making it softer and smoother. Vitamin E, an antioxidant that helps shield the skin from oxidative stress from free radicals, is another abundant almond oil component. Almond oil is frequently used in haircare products because it helps to hydrate and strengthen the hair. Your hair will look healthier and shinier by reducing split ends and hair breakage. The scalp can also benefit from almond oil massaging that encourages hair growth and circulation. Almond oil contains antioxidants like vitamin E that can help fight aging symptoms. Almond oil can help make your skin look younger and more radiant by reducing fine lines, wrinkles, and age spots when applied to the skin regularly.
Based on packaging type, the nut oils market segmentation includes jars, bottles, pouches, and others. The bottles category generated the most income. Packaging oil in bottles creates a barrier of defense that helps protect it from outside elements that might harm its quality. The oil is protected from oxidation and rancidity by avoiding air, light, and moisture exposure. This makes the oil's nutritional value and freshness last longer. Bottles with the proper lids or caps enable simple and precise dispensing of the nut oil. This aids in accurate measurements and reduces waste, ensuring you use the desired amount without mess or spills.
Based on packaging type, the nut oils market segmentation includes store-based and non-store-based. The store-based category generated the most income. With the help of store-based distribution, nut oils are made widely accessible to customers in various retail establishments, including supermarkets, grocers, health food stores, specialty shops, and even some pharmacies. Because of their widespread availability, nut oils are simple for customers to locate and buy. When nut oils are displayed on store shelves, customers can see and compare the various brands, shapes, and varieties offered. This visibility allows consumers to make wise decisions based on their preferences, dietary requirements, and financial constraints.
Figure 1: Nuts Oils Market, by Distribution Channel, 2022 & 2032 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific nut oils market area will dominate this market; consumers in North America are becoming more health-conscious and are looking for healthier substitutes for conventional cooking oils. Due to their advantageous fatty acid profiles, vitamins, minerals, and antioxidant content, nut oils like almonds, walnut, and macadamia nut oils are regarded as healthy alternatives. Customers who want to change their diets and choose healthier foods are the ones who are driving demand for these oils. Hen North America, awareness and acceptance of different dietary preferences, such as plant-based, vegetarian, vegan, and gluten-free diets, are growing. People who adhere to these dietary patterns prefer nut oils because they are a good source of healthy fats and can be used for various dietary purposes.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: NUT OILS MARKET SHARE BY REGION 2022 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe’s nut oils market accounts for the second-largest market share. Natural and healthy food options are becoming more popular among consumers in Europe. Almond, walnut, and hazelnut oil are three examples of nut oils viewed as healthy substitutes for traditional cooking oils. They contain a lot of monounsaturated fats, omega-3 fatty acids, and other vitamins and minerals linked to several health advantages. The demand for nut oils has been influenced by the acceptance of plant-based diets and the rise in people leading vegetarian or vegan lifestyles. These oils are frequently used in cooking and baking as replacements for animal fats and oils. Healthy fats and flavors for plant-based dishes can be found in nut oils. Further, the German nut oils market held the largest market share, and the UK nut oils market was the fastest-growing market in the European region.
The North America, Nuts Oils Market, is expected to grow at the fastest CAGR from 2023 to 2032. Consumers in North America are becoming more health-conscious and are looking for healthier substitutes for conventional cooking oils. Due to their advantageous fatty acid profiles, vitamins, minerals, and antioxidant content, nut oils like almonds, walnut, and macadamia nut oils are regarded as healthy alternatives. Customers who want to change their diets and choose healthier foods are the ones who are driving demand for these oils. Hen North America, awareness and acceptance of different dietary preferences, such as plant-based, vegetarian, vegan, and gluten-free diets, are growing. People who adhere to these dietary patterns prefer nut oils because they are a good source of healthy fats and can be used for various dietary purposes. Moreover, the U.S. nut oils market held the largest market share, and the CANADA nut oils market was the fastest-growing market in Asia-Pacific.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the nut oils market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The nut oils industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the nut oils industry to benefit clients and increase the market sector. In recent years, the nut oils industry has offered some of the most significant medical advantages. Major players in the nut oils market, including 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 are attempting to increase market demand by investing in research and development operations.
Azada (Spain), Het was inspired by his childhood memories to create Azada at the beginning of 2009. Hen the 1970s, his father purchased undeveloped land in the Tarragona province's Tivissa. On the property was a small cottage surrounded by fields of hazelnut and almond trees that had long since stopped producing. My father fantasized about renovating the plot and resuming the old-fashioned method of harvesting. To harvest the fields, we initially only had a hoe (an "Azada" in Spanish, which would later become the name of his project). In the following years, we acquired more than 20 additional hectares, many of which were home to hazelnut, cherry, and olive trees. We even had a small vineyard where we used to make our wine. He used to sell our products to the neighborhood cooperative for pocket money. After some time, He had grown distant from the country until He felt the need. To go back to his roots because He was missing it so much. Together with Josep Maria Mallafre, He established Azada at that time.
Roland Foods LCC (US), Roland Foods imports unique ingredients from across the globe. And behind those products are countless people and partnerships — Roland's clients, employees, producers, and suppliers —cultivated over our 85+ year history. As an established brand in the Fine Foods category, Roland is proud to be the go-to source for ingredients that bring greatness to plates.
La Tourangelle: Introduced a brand of cold-pressed, organic avocado oil flavoured with garlic, chipotle and lemon.
Roland Foods added toasted sesame oil to their selection of nut oils in a handy squeeze bottle shape.
January 2022 Shree Ram Proteins Ltd. announced its intention to build a new oil refinery in March 2022, diversifying its line of business. The company ordered a cutting-edge refinery for the new business division. The company will introduce rapeseed, groundnut, and cottonseed oils by year's end.
August 2021 It belongs to the refined edible oil category and will serve the company's domestic market. Thus, by implementing diversification, the company is growing its clientele and its range of products.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 109.6 Billion |
| Market Size 2024 | USD 119.1 Billion |
| Market Size 2032 | USD 212.89 Billion |
| Compound Annual Growth Rate (CAGR) | 7.53% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019- 2023 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Nut Type, Packaging Type, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | 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) |
| Key Market Opportunities | Used to produce high-quality oil for use in a variety of industries. |
| Key Market Dynamics | Rising consumer demand in the food and cosmetic industries and growing knowledge of the health benefits of nut oil |
Nut Oils Market Highlights:
Frequently Asked Questions (FAQ) :
The nut oils market size was valued at USD 109.6 Billion in 2023.
The market is projected to grow at a CAGR of 7.53% during the forecast period, 2024-2032.
North America had the largest share of the market
The key players in the market are 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).
The almond category dominated the market in 2023.
The store based had the largest share in the market.
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Senior Research Analyst I have a bachelor's degree in mechanical engineering and an mba. i have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. a firm believer in lifelong learning and sharing of knowledge. having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest.Â
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