The global olive oil market has witnessed substantial growth over the past few decades. Olive oil consumption has grown tremendously due to rising health consciousness among consumers and increasing awareness about the health benefits of olive oil. Olive oil is rich in monounsaturated fatty acids and antioxidants which help reduce cholesterol levels and lower the risk of heart diseases. It also has anti-inflammatory properties which help reduce the risk of cancer, diabetes, and neurological disorders. Further, the growth of the foodservice industry coupled with rising disposable incomes in developing countries is fueling the demand for olive oil worldwide.
Market Dynamics:
Some of the major drivers boosting the growth of the global olive oil market include increasing health awareness, rising per capita incomes, and growing demand from the foodservice industry. However, volatile prices of olive fruits owing to uncertain climatic conditions and high production costs involved are expected to restrain the market growth. Meanwhile, new product launches catering to consumer preferences for different varieties of olive oil and expanding retail landscape in developing nations are projected to present lucrative opportunities for market players over the coming years.
Key Features of the Study:
- This report provides in-depth analysis of the global olive oil market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global olive oil market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Cargill Inc., SOVENA, DEOLEO, COLAVITAS.p.a., Olivezia, Stone Axe Estate, PORTTABLE Produtos Alimentares Lda., Castellodi Albola, Planeta, Empresa Esporão S.A., Domaine De Marquiliani, Conagra Brands, Modi Naturals Ltd., California Olive Ranch, Inc., Carapelli Firenze S.p.A, AG Organica, Artem Oliva, Avi Naturals, Hashmitha Enterprise, and Joshi Agrochem Pharma Pvt Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global olive oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global olive oil market
Detailed Segmentation-
- By Product Type:
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- Extra Virgin Olive Oil
- Virgin Olive Oil
- Refined Olive Oil
- Pomace Olive Oil
- By Application:
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- Cooking and Frying
- Salad Dressings and Dips
- Baking and Confectionery
- Cosmetics and Personal Care
- Others
- By Distribution Channel
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- Supermarkets and Hypermarkets
- Specialty Stores
- Online Sales
- Direct Sales
- By Region:
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- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
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- Cargill Inc.
- SOVENA
- DEOLEO
- COLAVITAS.p.a.
- Olivezia
- Stone Axe Estate
- PORTTABLE Produtos Alimentares Lda.
- Castellodi Albola
- Planeta
- Empresa Esporão S.A.
- Domaine De Marquiliani
- Conagra Brands
- Modi Naturals Ltd.
- California Olive Ranch, Inc.
- Carapelli Firenze S.p.A
- AG Organica
- Artem Oliva
- Avi Naturals
- Hashmitha Enterprise
- Joshi Agrochem Pharma Pvt Ltd.