The global commercial oil extraction machine size is estimated to reach USD 11,800 Million in 2023. Furthermore, with rising production and export of various types of oils across the world, the overall demand for commercial oil equipment machines is projected to rise at 3.8% CAGR between 2023 to 2033 totaling a valuation of USD 17,133.9 Million by 2033.
Commercial oil extraction machines are equipment designed for the production and extraction of oils from peanut, coconut, sesame, almond, mustard, soybean seed, walnut, sunflower seed, etc. These machines come in different sizes and enable users to extract various oils from various types of sources.
The rising production and export of oil produced from vegetables, peanuts, almonds, and sunflowers, among other things, from China, India, and other developing economies around the world are likely to be a major driving force for the commercial seed oil extraction machine market.
As the scale of edible oil production grows, demand for autonomous commercial oil extraction machines is predicted to climb during the forecast timeframe. Commercial oil extraction equipment that is fully automated saves energy and reduces land use and labor costs.
Similarly, increasing usage of oil expellers in a variety of end-user sectors, such as agriculture, pharmaceutical, food processing, and cosmetics will swiftly drive the global commercial oil extraction machine market forward during the projection period.
Furthermore, increased demand for cooking oil among a large population base across various regions, technological advancements in oil extraction machines, and growing demand for substitute edible oils are expected to boost sales in the market.
| Attribute | Key Statistics |
|---|---|
| Commercial Oil Extraction Machine Market Estimated Value (2023) | USD 11,800 Million |
| Projected Market Value (2033) | USD 17,133.9 Million |
| Value-based CAGR (2023 to 2033) | 3.8% |
| Market Share of China in Asia pacific | 31% |
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The global demand sales of commercial oil extraction is poised to grow at 3.8% CAGR between 2023 and 2033 in comparison to the 5.9% CAGR registered during the historical period from 2018 to 2022.
Rising usage of oils across households, pharmaceutical companies, the food service industry, and the cosmetics sector is a key factor driving the global commercial oil extraction machine market and the trend is likely to continue during the forecast period.
Similarly, increasing export of various types of oils and advancements in oil extraction machines are expected to boost the global oil extraction machine market during the next ten years.
Furthermore, strong demand for organic products as well as growing consumption of high-quality cooking oils by health-conscious customers will aid in the expansion of the commercial oil extraction machine market.
Regionally, North America dominates the global commercial oil extraction machine market owing to the rising adoption of advanced oil extraction machines across the pharmaceutical, cosmetic, and food processing industries.
Rapid Growth of the Food Service Industry Boosting the Commercial Oil Extraction Machine Market
According to FMI, the rapid expansion of the food service industry across the globe is expected to boost the global commercial oil extraction machine market during the forecast period.
In recent years, there has been a rapid surge in demand for processed food products, especially across developed and developing regions due to changing lifestyles, increasing disposable income, and robust urbanization.
Food manufacturing companies use edible oils for preparing various types of food products. Thus, the growing consumption of oils across the thriving food service industry will prompt manufacturers to increase their production, which will eventually aid in the expansion of the global commercial oil extraction machine market.
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Growing Popularity of Healthy Oils to Boost Market in the USA
As per FMI, the USA commercial oil extraction machine market is anticipated to grow at a moderate pace during the forecast period owing to the rising adoption of these machines across thriving pharmaceutical and food processing industries.
Similarly, the growing popularity of oils such as olive and canola oil among the American population due to their nutritional benefits is expected to boost the USA oil extraction machine market during the next ten years.
In recent years, there has been a spike in lifestyle diseases across the USA due to which demand for alternative oils like olive and canola has skyrocketed and the trend is likely to continue during the projection period. This in turn will positively influence the commercial oil extraction machine sales in the country.
Increasing Production of Oilseeds Pushing Demand in India
The commercial oil extraction machine market in India is poised to exhibit strong growth during the next ten years, owing to the rising usage of various types of oils across households and the food service industry.
India is one of the largest producers of oilseeds in the world. As per the 3rd Advance Estimates released by the Ministry of Agriculture in May 2021, this sector occupies an important position in the agricultural economy, accounting for the estimated production of 36.56 million tons of nine cultivated oilseeds from 2020 to 2021 (November-October). This is playing a key role in driving the commercial oil extraction machine market in the country.
Similarly, increased demand for oil extracted from almonds, mustard, coconut, and other sources is expected to drive demand for industrial seed oil extraction machines during the projected period.
Growing Production and Consumption of Edible Vegetable Oil Driving Market in China
According to FMI, China is a major manufacturer of industrial seed oil extraction machines, and it is expected to grow at a quick pace over the forecast period, owing to the rapid increase in edible oil production and demand for extracted oil.
Edible vegetable oil is mostly consumed by food manufacturers and caterers in China, with different varieties of edible vegetable oil having different user groups. Because rapeseed and soybean oil consumption is larger and expanding in China, more products serving press and oil mill machinery will be in higher demand for the foreseeable future.
Demand to Remain High for Automatic Commercial Oil Extraction Machines in 2023 & Beyond
By type, the automatic commercial oil extraction machines segment is expected to grow at the highest pace during the forecast period, owing to the rising end-user preference for these high-performance machines.
Automatic commercial oil extraction machines are incredibly easy to use and significantly improve the productivity of processes. They save energy and reduce the need for human intervention. As a result, they are gaining immense popularity across the world.
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The quickly changing technical environment is prompting key commercial oil extraction machine manufacturers to refresh their product portfolio regularly. As a result, they are introducing new and advanced oil extraction machines. Besides this, they are adopting strategies such as partnerships, mergers, acquisitions, and collaborations to expand their global footprint. For instance,
The ever increasing demand for various types of oils across diverse industries has tempted various companies to experiment with oil-extracting machinery. As a result, there has been a substantial increase in the number of start-ups during the last few decades. One such company is Shreeji Expeller Industries.
Founded in 1992 by Naresh Kumar Goyal, Shreeji Expeller Industries has emerged as an internationally reputed manufacturer and exporter of all types of oil extraction machinery and components necessary for extracting oil from various sources.
The company offers different commercial oil extraction machines for industries like pharmaceuticals, cosmetics, and food processing.
Similarly, Shreeja Health Care Products has become an ideal destination for end users looking to get highly efficient commercial oil extraction machines. Headquartered in Surat, Gujrat, India, Shreeja Health Care Products was founded in 2016.
The company manufactures and exports oil maker machines, oil extraction machines, mini commercial and commercial oil machines, wooden Ghani, and filter presses.
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 11,800 Million |
| Projected Market Size (2033) | USD 17,133.9 Million |
| Anticipated Growth Rate (2023 to 2033) | 3.8% CAGR |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered | North America; Europe; Asia Pacific; Middle East; South America |
| Key Countries Covered | USA, Canada, Mexico, Germany, UK, France, Italy, Russia, Turkey, Spain, China, Japan, Korea, India, Bangladesh, South Africa |
| Key Segments Covered | Type, Capacity, Application, End User, Region |
| Key Companies Profiled | Gobind Expellers Company; United Oil Mill Machinery & Spares ; Private Ltd.; Shree Balaji Engineering Works; Goyum Screw Press; Shreeji Expeller Industries; ANDAVAR The Oil Mill Solution; Gongyi Wanlong Machinery ; Manufacturing CO.Ltd; ColdPressTech; Crown Iron Works; French Oil Mill Machinery Co.; Gorek Technologies; Henan Double Elephants Machinery I/E ; Co., Ltd.; MASCHINENFABRIK REINARTZ GMBH & ; CO. KG; Seed2Oil; TINYTECH UDYOG; Zhengzhou Sinoder Indutech Machinery ; Co., Ltd.; Insta-pro International |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The market is valued at USD 11,800 million in 2023.
The market’s CAGR from 2023 to 2033 will be 3.8%.
A 6.7% CAGR is projected in North America throughout 2033.
United States, China, the United Kingdom, France, and Germany play a key role.
A 4.6% CAGR is projected for Mexico's market by 2033.
By 2033, the market will expand at a 3.3% CAGR.
1. Executive Summary | Commercial Oil Extraction Machine Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Semi-automatic 5.2. Automatic 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Capacity 6.1. Below 25 Ton/Day 6.2. 25 – 50 Ton/Day 6.3. Above 50 Ton/Day 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Vegetable Oil 7.2. Mustard Oil 7.3. Sunflower Oil 7.4. Coconut Oil 7.5. Peanut Oil 7.6. Others (Almond Oil, Sesame) 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User 8.1. Agriculture sector 8.2. Pharmaceutical industries 8.3. Food processing Industries 8.4. Cosmetic Industries 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. East Asia 9.5. South Asia 9.6. Oceania 9.7. Middle East & Africa (MEA) 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 17. Key Countries Market Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. Gobind Expellers Company 19.2. Edible Oil Mill Machinery & Spares Private Ltd. 19.3. Shree Balaji Engineering Works 19.4. Goyum Screw Press 19.5. Shreeji Expeller Industries 19.6. ANDAVAR The Oil Mill Solution 19.7. Gongyi Wanlong Machinery Manufacturing CO.Ltd 19.8. ColdPressTech 19.9. Crown Iron Works 19.10. French Oil Mill Machinery Co. 19.11. Gorek Technologies 20. Assumptions & Acronyms Used 21. Research Methodology
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Commercial Oil Extraction Machine Market
