Global Olive Oil Market Analysis [2023] | Market Cap Expected To Reach New Heights - [Healthy CAGR Of 2.9%]

Market Overview:

The Olive Oil Market Estimated at USD 13.4 Billion In the Year 2021, Is Anticipated to Reach A Revised Size of USD 16.9 Billion By 2028, Growing At A CAGR Of 2.9% Over The Forecast Period 2022-2028. Analysis Period 2023 - 2030.

Olive oil, derived from pressing olives, is a versatile liquid fat widely used in cooking and as a dressing. With its origins in the Mediterranean Basin, where olive trees have been cultivated for thousands of years, olive oil holds a special place in Mediterranean cuisine. Beyond its culinary applications, olive oil is also utilized in various industries, including cosmetics, pharmaceuticals, soaps, and traditional oil lamps. With its antioxidant and anti-inflammatory properties, olive oil is associated with promoting heart health and reducing the risk of certain diseases.

Key Players For The Global Olive Oil Market

Borges International Group (Spain), Deoleo S.A. (Spain), EU Olive Oil (U.K.), Artajo oil (Spain), SALOV GROUP (Italy), Aceites Sandúa (Spain), Tucan Olive Oil Company (U.S.), Domenico Manca S.p.a (Italy), Minerva Foods (Greece), Olinexo S.L. (Spain), Nutrinveste SGPS (Portugal), Curation Foods (U.S.), and Other Major Players

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Driver:

The olive oil market is experiencing growth driven by increasing awareness about the health benefits associated with its consumption. As more people become conscious of their dietary choices, olive oil is gaining popularity for its potential positive impact on health. Additionally, it is rich in antioxidants and anti-inflammatory compounds, which have been linked to various health benefits, including a reduced risk of cardiovascular diseases and certain types of cancer. With the growing emphasis on adopting healthier lifestyles, the demand for olive oil is expected to continue its upward trajectory.

Opportunities:

The growing field of aromatherapy provides a promising opportunity for the olive oil market. Olive oil's gentle scent and compatibility with the skin make it an excellent carrier oil for diluting essential oils in aromatherapy practices. With its nourishing properties and versatility, olive oil is an ideal choice for creating massage oils, bath products, and skincare items. By promoting its benefits and developing specialized products for aromatherapy, the olive oil market can tap into this expanding market segment and establish itself as a preferred option in aromatherapy applications.

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The Report Will Include A Major Chapter

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Market Segmentation

By Type:

Virgin, Refined, Others

By Application:

Food And Beverages, Pharmaceutical, Cosmetic And Personal Care, Aromatherapy, Others

By Distribution Channel:

Online, Supermarkets or Hypermarkets, Specialty Store, Others

By End Users:

Food and Beverage, Personal Care, Pharmaceuticals, Others

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Introspective Market Research delivers comprehensive market research studies, providing valuable insights and strategic guidance to global businesses. We ensure reliable reports for informed decision-making.
With In-Depth examination of several affecting internal and external factors such as supply and sales channels, including upstream and downstream fundamentals, this report presents a complete analysis on the Olive Oil market ecosystem. To ensure the utmost accuracy and reliability, we draw upon numerous primary and secondary sources. Employing industry-standard tools such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis, our research provides a comprehensive evaluation of the market segments and market landscape. This research study goes beyond conventional boundaries with extensive geographical coverage, allowing for a comprehensive understanding of regional trends.

Regional Analysis of The Olive Oil Market

Europe is Expected to Dominate the Market Over the Forecast period.
The market in Europe is further fueled by consumers' increased interest in healthy oils as a means of avoiding lifestyle-related health issues that can arise from their hectic lifestyles. As a result, enterprises intending to enter the worldwide olive oil sector find these regions to be the most enticing.
Spain is the world's largest producer of olive oil. According to the Food Information and Control Agency (AICA), Spain produced 1.3 million tonnes of olive oil in 2021, accounting for 42% of global olive oil production. Spain is also the largest olive oil exporter, with a share of 49% in 2021, followed by Greece (13%), Italy (11%), Tunisia (11%), and Portugal (10%).

By Region:

North America (U.S., Canada, Mexico), Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC), Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA)

Key Industry Developments in the Olive Oil Market

In February 2022, Curation Foods, Inc., under its brand O Olive Oil & Vinegars, launched a batch of Olio Nuovo Extra Virgin Olive Oil, which is a seasonal oil that has a fresh and robust flavor.

In June 2021, Pietro Coricelli, an Umbrian olive fruit oil producer and one of the largest and most widely distributed olive fruit oil brands in the world, announced that it would join IBM Food Trust to use blockchain technology to trace its extra-virgin olive fruit oil.

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Table of Content:

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application
 3.3 By Distribution Channel
 3.4 By End Users

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Olive Oil Market by Type

Continued….

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