The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Middle East & Africa Cold Pressed Oil Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Middle East & Africa Cold Pressed Oil Industry (2023-2028):
According to the latest report, 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. The report demonstrates the prominent factors propelling the exponential growth of the Middle East & Africa Cold Pressed Oil industry.
Key Takeaways: Beneficial for Stakeholders and Clients:
- Historical Data: 2019-22
- Base Year: 2023
- Forecast Period: 2023-28
- CAGR (2023-2028): 4.0%
What are the major Driver the Middle East & Africa Cold Pressed Oil industry?
Need for Custom Equipment and Meticulous Techniques - Since cold-pressed oil production involves custom equipment and meticulous procedures, Vendors currently serving a specialized market are likely to witness a surge in production costs. This factor might compel the vendors to make a substantial shift in their strategies in order to sustain themselves in the market. The absence of appropriate and strategic planning might hinder the market growth during the forecast period.
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Middle East & Africa Cold Pressed Oil Market Segmentation
The Middle East & Africa Cold Pressed Oil Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- 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
- Offline
- By Country
- The UAE
- Saudi Arabia
- Qatar
- Egypt
- Turkey
- South Africa
- Rest of the Middle East & Africa
As per the regional aspect, the Middle East & Africa Cold Pressed Oil Market is expected to be dominated by Middle East & Africa by capturing the potential market share.
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Top Companies in the Middle East & Africa Cold Pressed Oil Market
Pristine True Health, Silver Line Chemicals, Hearti Grub, Organic Delicacy, Happy Harvester, My Flavory, Faaz, Limmun Oil, Lulu Group International, Nature’s Way, Others.
The Middle East & Africa Cold Pressed Oil Industry Recent Development:
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.
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