Press release
Olive Oil Market Is Set To Witness Exponential Growth In Demand Over The Coming Years
Global Olive Oil Market InsightsThe global olive oil market revenue is likely to expand at a moderate CAGR, reaching approximately US$ 11 Bn by 2022 end.
The recent consequences of adverse climatic events in the key olive growing regions within the Mediterranean have taken a severe toll on olive production, thereby affecting volumetric output of olive oil.
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As the olive yield, supply, olive oil volumes, and overall prices prominently rely on a set of external factors including weather, Spain and Italy have had experienced skyrocketing olive oil prices in the recent years.
Similarly, floods have been responsible for plunging olive oil market in Spain, whereas heat waves ravaged olive oil markets in Italy and Greece. While experts have already projected a long-term worldwide olive oil shortage, olive crop decimation due to bacterial infections and fruit fly attack is expected to further cause the fall of the most fertile olive groves.
Despite drastic price volatility, there has been no signs of olive oil demand abating across the globe, which points to a challenging scenario facing olive oil producers.
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Competition Analysis: Global Olive Oil Market Report
The report provides a complete analysis of the global olive oil market landscape with an objective to help key competitors build prudent growth strategies to stand out from the competition. Some of the companies profiled in the olive oil market report include
Associated British Foods (Ach)
Ruchi Soya Industries Ltd.
The Adani Wilmar Ltd.
Archer Daniels Midland Company
Cargill Inc.
Adams Group Inc.
Bunge Limited.
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Major Opportunities Sill Flash in Retail and Foodservice Sectors in Olive Oil Market
As indicated by the analysis of global olive oil market on the basis of end user, retail and foodservice currently contribute a lion’s share to the total olive oil market value. Nearly four-fifth of the entire olive oil market sales revenue is being collectively brought in by these two end-users.
While Europe’s foodservice sector has been the most prominent market for olive oil producers over the years, food service in the Asia Pacific is identified to reveal a wealth of new opportunities in the years ahead.
On the other side, retail will also remain one of the most dynamically evolving realms that enable olive oil market players to constantly be on their toes, in an effort to discern their target customers - maintaining a customized approach.
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Additional Questions Answered by Global Olive Oil Market Report
What is Europe’s current revenue share in the global olive oil market? How will the trade deal impact European olive oil market performance in upcoming years?
What are the key strategies that leading market players are adopting to overcome challenges posed by the supply-demand and pricing conditions in olive oil market?
For More Insights-https://www.einpresswire.com/article/556417576/consumer-inclination-towards-aesthetic-dentistry-to-foster-advancements-in-dental-3d-printing-technology-fact-mr
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