South Korea Cold Pressed Castor Oil Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Organic, Conventional), By Application (Cosmetics and Personal Care, Pharmaceuticals, Food and Beverage, Industrial, and Others), and South Korea Cold Pressed Castor Oil Market Insights, Industry Trend, Forecasts to 2035

South Korea Cold Pressed Castor Oil Market Insights Forecasts to 2035

• The South Korea Cold Pressed Castor Oil Market size is Expected to Grow at a CAGR of around 4.2% from 2025 to 2035
• The South Korea Cold Pressed Castor Oil Market size is expected to hold a significant Share by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Cold Pressed Castor Oil Market is anticipated to grow at a CAGR of 4.2% from 2025 to 2035. The market is driven by rising demand for natural, organic ingredients in skincare, haircare, and wellness products. Growing interest in clean-label beauty, K-beauty innovation, and multi-functional plant-based oils is fueling market expansion across personal care and health sectors.

Market Overview

Cold pressed castor oil is a natural oil that is pressed out from the castor seeds using mechanical forces without heat or chemical processing, which is preserved in its nutritional and medicinal content. Cold pressed castor oil is becoming increasingly popular in South Korea owing to its multi-purpose usage in cosmetics, pharmaceuticals, foodstuffs, and industrial products. The oil is particularly prized in the beauty and personal care industry for its moisturizing, anti-inflammatory, and skin-conditioning properties. With South Korean consumers growing more health-conscious and sustainable, organic and plant oils are gaining traction. Castor oil demand is being driven by growing popularity of K-beauty, do-it-yourself skincare, and clean-label food, used in serums, lip balms, and hair care. Moreover, its laxative and antimicrobial properties supplement drug use, with industrial use still growing. High growth in internet shopping and increasing demand for environmentally friendly ingredients position cold pressed castor oil as a multifaceted and potential product in South Korea.

Report Coverage

This research report categorizes the market for the South Korea cold pressed castor oil market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea cold pressed castor oil market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea cold pressed castor oil market.

Driving Factors

South Korea cold pressed castor oil market is driven by increasing consumer interest in chemical-free, natural, and organic ingredients in hair and skin and wellness uses. Clean-label beauty and increased popularity of K-beauty and do-it-yourself personal care processes are driving demand for multi-functional oils such as castor oil. Its medicinal use in pharmaceuticals and its possible uses in foods and industrial applications further increase its demand. Development of e-commerce websites and increasing consciousness regarding environment-friendly shopping also drive market growth.

Restraining Factors

South Korea cold pressed castor oil market is restrained by low consumer familiarity compared to more conventional oils such as coconut or argan. Dependence on imports, volatile raw material prices, and intermittent product quality are potential growth restraints. Cosmetic and food-grade certification regulatory issues also pose growth constraints.

Market Segmentation

The South Korea cold pressed castor oil market share is classified into product type and application.

• The organic segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea cold pressed castor oil market is segmented by product type into organic and conventional. Among these, the organic segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. South Korean consumers are increasingly drawn to organic, non-toxic, and green ingredients, particularly in wellness and beauty products, which makes organic castor oil a top choice.

• The cosmetics and personal care segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea cold pressed castor oil market is segmented by application into cosmetics and personal care, pharmaceuticals, food and beverage, industrial, and others. Among these, the cosmetics and personal care segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Castor oil is also broadly used in moisturizers, lip products, hair oils, eyelash serums, and other clean beauty products because of its water-binding and skin-conditioning ability.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cold pressed castor oil market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Amorepacific
• Aromatica
• Gokul Overseas
• Kangnam Chemical Co. Ltd.
• Ohsung Chemical Ind Co. Ltd.
• Kimex Inc.
• Korea Houghton Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea cold pressed castor oil market based on the below-mentioned segments:

South Korea Cold Pressed Castor Oil Market, By Product Type

• Organic
• Conventional

South Korea Cold Pressed Castor Oil Market, By Application

• Cosmetics and Personal Care
• Pharmaceuticals
• Food and Beverage
• Industrial
• Others