The global commercial oil extraction machines market is expected to grow from US$ 11800 Million in 2023 to US$17,133.9 Million by 2033, with total sales increasing at a 3.8% CAGR during the forecast period.
Rising global production and export of various types of oils is a major factor driving the global commercial oil extraction machine market, and this trend is expected to continue during the forecast period.
Mechanical devices that separate oil from raw materials are used in commercial oil extraction machines. These machines are increasingly being used in oil mills, pharmaceutical companies, the food processing industry, and the personal care and cosmetics sector. As these end user sectors expand, sales of commercial oil extraction machines will eventually increase during the forecast period.
The rising production and export of oil from a variety of sources, including vegetables, nuts, almonds, and sunflowers, is expected to have a significant impact on the market for commercial seed oil extraction machines in India, China, and other emerging economies.
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Because of their ability to save energy, reduce land consumption, and lower labour costs, autonomous commercial oil extraction systems continue to be in high demand. They work in agriculture, pharmaceuticals, food processing, and cosmetics, among other industries. These factors are almost certain to increase the company’s overall profitability.
Key Takeaways from the Commercial Oil Extraction Machine Market Study:
- By type, demand for automatic commercial oil extraction machines is likely to grow at a higher pace during the forecast period.
- Based on application, vegetable oil segment holds a significant share of the global commercial oil extraction machine market.
- North America is likely to retain its dominance in the worldwide commercial oil extraction machine market.
- Sales of commercial oil extraction machines across India are expected to grow at a steady pace during the forecast period.
- China’s commercial oil extraction machine market is anticipated to expand at a moderate CAGR through 2033.
“The growing production and export of oil across countries like China, India, and other rising economies around the world is expected to be a major driving force for the commercial oil extraction machine market during the next ten years, says a lead FMI analyst.
Who is Winning?
Leading players in commercial oil extraction machine market include Gobind Expellers Company, United Oil Mill Machinery & Spares Private Ltd., Shree Balaji Engineering Works, Shree Balaji Engineering Works, Goyum Screw Press, Goyum Screw Press, Shreeji Expeller Industries.
Get Valuable Insights into Commercial Oil Extraction Machine Market
FMI, in its new offering, provides an unbiased analysis of the Commercial Oil Extraction Machine market presenting historical demand data (2018-2022) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for Commercial Oil Extraction machines based on application (Vegetable Oil, Mustard Oil, Sunflower Oil, Coconut Oil, Peanut Oil, Others (Almond Oil, Sesame etc. etc.)), by Type (Semi-automatic, Automatic) by capacity (Below 25 tons/day, 25-50 tons/day, Above 50 tons/day) by end-user (Agriculture sector, Pharmaceutical industries, food processing industries, cosmetic industries) by equipment) across five major regions.
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Commercial Oil Extraction Machine Market by Category
By Type:
- Semi-automatic
- Automatic
By Capacity:
- Below 25 Ton/Day
- 25 – 50 Ton/Day
- Above 50 Ton/Day
By Application:
- Vegetable Oil
- Mustard Oil
- Sunflower Oil
- Coconut Oil
- Peanut Oil
- Others (Almond Oil, Sesame)
By End User:
- Agriculture Sector
- Pharmaceutical Industries
- Food Processing Industries
- Cosmetic Industries
By Region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa (MEA)
- South America
About Future Market Insights, Inc.
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