Organic Olive Oil Market Set to Surge: Expected to Reach $2.2 Billion by 2031

According to a new report published by Allied Market Research, titled, "Organic Olive Oil Market," The organic olive oil market was valued at $932.60 million in 2021, and is estimated to reach $2.2 billion by 2031, growing at a CAGR of 8.9% from 2022 to 2031.

📍𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐆𝐫𝐚𝐩𝐡𝐬 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 @ https://www.alliedmarketresearch.com/request-sample/A47235

According to EU standards, organic olive oil is defined as olive oil produced using organic methods. This indicates, firstly, that chemical-synthetic fertilizers, plant protection agents, and soil herbicides were not used in the cultivation of the olives. Furthermore, because of the entire organic production process-from the crop to the bottling-must adhere to the rules for organic farming, the take-up of organic and conventional olive oils occurs at different periods to prevent cross-contamination, hence such factors are likely to contribute towards the organic olive oil market growth. Moreover, changing consumption patterns of consumers is leading to various organic olive oil market opportunities.

Every package of organic olive oil should contain the words BIO or ORGANIC and be referred to as a product of organic farming, in accordance with Regulation (EU) No.1169/2011 of the European Parliament on the Provision of Food Information to Consumers. Additionally, the GR BIO icon as well as the Certification Institute icon must be present on the label of Greek organic olive oil products. Moreover, the USDA is the organization that certifies organic olive oil products in the U.S.

Organic olive oil is a premium product derived from olives grown using organic farming practices, which exclude the use of synthetic pesticides, herbicides, and fertilizers. The cultivation of organic olives and the production of the oil are strictly regulated to ensure the final product is natural, pure, and rich in nutrients. Organic olive oil is not only prized for its health benefits but also for its superior taste and environmental sustainability.

The process of producing organic olive oil begins with the careful cultivation of olive trees. Organic farmers employ methods such as crop rotation, composting, and the use of natural pest predators to maintain soil fertility and control pests. These practices promote biodiversity and soil health, leading to healthier olive trees and higher-quality olives. The absence of synthetic chemicals also ensures that the oil is free from harmful residues, making it a safer choice for consumers.

Harvesting is another critical stage in the production of organic olive oil. Olives are typically hand-picked to minimize damage and ensure that only the best fruits are selected. Mechanical harvesting methods are also used but are carefully managed to avoid bruising the olives. The timing of the harvest is crucial, as it affects the oil's flavor profile and nutritional content. Early-harvest olives produce oil with a more robust flavor and higher antioxidant content, while late-harvest olives yield a milder oil with a richer, buttery taste.

Once harvested, the olives are quickly transported to the mill to prevent fermentation and spoilage. At the mill, the olives are washed and crushed to create a paste. The oil is then extracted from the paste using mechanical means, typically through cold pressing. Cold pressing involves pressing the olives at a temperature below 27°C (80°F), which preserves the oil's nutritional properties and aromatic compounds. This method ensures that the resulting oil retains its full spectrum of flavors, aromas, and health benefits.

Organic olive oil is known for its rich, complex flavor and numerous health benefits. It is high in monounsaturated fats, particularly oleic acid, which has been shown to reduce inflammation and improve heart health. The oil is also rich in antioxidants, such as polyphenols and vitamin E, which protect the body against oxidative stress and may reduce the risk of chronic diseases. Additionally, organic olive oil contains various bioactive compounds that have been linked to benefits such as improved brain function, anti-inflammatory effects, and better digestion.

📍𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐃𝐚𝐭𝐚 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 @ https://www.alliedmarketresearch.com/purchase-enquiry/A47235

The environmental benefits of organic olive oil production are significant. Organic farming practices enhance soil health, reduce pollution, and promote biodiversity. By avoiding synthetic chemicals, organic olive farming helps protect local ecosystems and water sources from contamination. Furthermore, many organic olive oil producers engage in sustainable practices such as using renewable energy, recycling waste products, and implementing water-saving techniques. These efforts contribute to the overall sustainability of the agricultural landscape and support the long-term health of the environment.

The market for organic olive oil is growing, driven by increasing consumer awareness of health and sustainability issues. Consumers are willing to pay a premium for organic products due to their perceived health benefits and the assurance of environmentally friendly production methods. This trend is supported by the growing availability of organic olive oil in supermarkets, specialty stores, and online retailers. Additionally, organic certification provides consumers with confidence that the product meets strict standards for organic farming and processing.

Challenges remain in the production and marketing of organic olive oil. Organic farming typically has lower yields compared to conventional farming, leading to higher production costs. This, in turn, can result in higher prices for organic olive oil, which may be a barrier for some consumers. However, the growing demand for organic products and the increasing efficiency of organic farming methods are helping to mitigate these challenges. Innovations in organic farming, such as the development of pest-resistant olive tree varieties and advanced soil management techniques, are also contributing to improved yields and sustainability.

In conclusion, organic olive oil is a premium product that offers numerous health benefits and supports environmental sustainability. Its production involves careful cultivation, harvesting, and processing methods that preserve the oil's natural qualities and nutritional content. As consumer demand for healthy and environmentally friendly products continues to rise, the market for organic olive oil is poised for sustained growth. With its rich flavor, nutritional value, and ecological benefits, organic olive oil stands out as an excellent choice for health-conscious consumers and advocates of sustainable agriculture.

Moreover, from organic olive oil market analysis after COVID, it is expected that production of organic olive oil would rise to meet customer demand around the world. Additionally, it is anticipated that organic olive oil production will rise during the forecast period. After a significant disruption, the organic olive oil supply chain is anticipated to operate smoothly. Additionally, because of increased health awareness, people all over the world are choosing healthier options, which is driving growth in the market for organic olive oil and is likely to become one of the organic olive oil market trends in the projected period. Moreover, new product introductions, a sizable product selection, government measures to stimulate the economy, as well as the manufacturing and international trade of olive oil, are some of the factors expected to drive the organic olive oil market.

The organic olive oil market is segmented on the basis of product, end user, sales channel, and region. On the basis of product, the market is categorized into extra virgin olive oil and virgin olive oil. According to end user, the organic olive oil market is fragmented into food processing, food service, cosmetics and personal care, pharmaceuticals, and others. As per sales channel, the market is divided into B2B suppliers, hypermarkets/supermarkets, grocery store, online retail, and others. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands, and Rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, United Arab Emirates, and Rest of LAMEA).

By product, extra virgin olive oil was the highest revenue contributor in 2021 i.e., $738.7 million and is expected to reach $1,735.8 million by 2031 at a CAGR of 9.0%. Additionally, extra virgin olive oil is easily accessible in practically every market distribution channel. Customers all over the globe highly prefer it because of its flavor, which is similar to fresh olive oil.

By end user, food service was the highest revenue contributor in 2021 with CAGR of 9.4%. Due to its high monounsaturated fat content and low level of polyunsaturated fat, organic olive oil has grown in appeal among consumers as a healthy alternative. Therefore, employing organic olive oil in food services aids in the growth of the organic olive oil industry.

By sales channel, B2B suppliers was the largest organic olive oil market share in 2021 and is expected to have largest market share in 2031. As a result of the supply chain, where one company buys raw materials from another for use in the manufacturing process, business-to-business transactions are most frequently operated. In addition, consumers have the option of shopping for finished goods through business to consumer interactions.

By region, Europe holds largest share in 2021 with $332.9 million due to the aggressive business practices of multinational players, which has resulted in a huge rise in consumer awareness. Demand from nations like France, Germany, and the UK is promoting global expansion. The expanding urban population is expected to contribute to total growth, along with rising disposable income and living standards.

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The market is being driven by factors such as rapid growth in the food & beverage as well as cosmetic and personal care industries in developing countries, as well as increased awareness of the benefits of organic olive oil. The major players operating in the global organic olive oil market are Borges International Group, Colavita LLC, Deoleo, S.A., Melissa Kikizas, Minerva Foods, Monini, Olinexo, Nutrinveste SGPS, SA, Pompeian, Inc., and United Olive Oil Import Co.

« » 𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐎𝐥𝐢𝐯𝐞 𝐎𝐢𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 :

💡The global organic olive oil market size was valued at $932.6 million in 2021, and is projected to reach $2,183.3 million by 2031, registering a CAGR of 8.9% from 2021 to 2031.

💡By product, the extra virgin olive oil segment was the highest contributor to the market, with $738.7 million in 2021, and is estimated to reach $1,735.8 million by 2031, at a CAGR of 9.0 % during the organic olive oil market forecast period.

💡By end user, the food service segment was the highest contributor to the market, with $359.5 million in 2021, and is estimated to reach $877.6 million by 2031, at a CAGR of 9.4% during the forecast period.

💡By sales channel, the B2B suppliers' segment was the highest contributor to the market, with $ 357.4 million in 2021, and is estimated to reach $ 803.5 million by 2031, at a CAGR of 8.5% during the forecast period.

💡By region, Europe was the highest revenue contributor, accounting for $332.9 million in 2021, and is estimated to reach $742.3 million by 2031, with a CAGR of 8.4%.

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