Press release
Olive Oil Global Market Report 2025: Healthy Diets, Specialty Foods and Innovations Propel Market Growth
Olive Oil Market Size
What Is The Projected Market Size Of The Global Olive Oil Market And Its Growth Rate?
•The olive oil market will soar from $12.86 billion in 2024 to $13.59 billion in 2025 at a CAGR of 5.7%.
•Market size is anticipated to reach $17.13 billion by 2029 with a CAGR of 5.9% due to rising global health consciousness and innovations in olive oil products.
•Other driving factors for the strong growth include increased demand for gourmet foods, the expansion of olive oil production regions, and effective marketing.
What Is Driving The Growth In The Olive Oil Global Market?
The robust demands from the food service sector and the retail industry drive the growth of the olive oil market. Olive oil is used extensively in restaurant cooking and household food preparations contributing to the rise in global consumption. For example, according to the International Olive Council, the global consumption of olive oil is projected to grow by 2.9% from 2020/21 to 2021/22 to 3214 500t, thereby accelerating the olive oil market.
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Who Are the Key Players Driving Olive Oil Global Market Growth?
Significant players include:
•Cargill Incorporated
•Deoleo S.A.
•Del Monte Food Inc.
•Gallo Worldwide
•Borges International Group
•Sovena Group
•California Olive Ranch Inc.
•Salov S.p.A.
•Colavita S.p.A
•EU Olive Oil Ltd.
What Are The Key Trends In The Olive Oil Global Market?
Key trends include:
•Shifting consumer preferences to premium and extra virgin olive oils
•Sustainable and organic production practices
•Increased international trade
•Technological advancements in olive oil production
•Regulatory standards and quality assurance
What Are The Segments Of The Global Olive Oil Global Market?
Market segmentation comprise of:
1) By Type: Virgin Olive Oil, Refined Olive Oil, Extra Virgin Olive Oil, Olive Pomace Oil
2) By Nature: Conventional, Organic
3) By Distribution Channel: B2B Suppliers, Supermarket/Hypermarket, Grocery Store, Online Retail, Other Distribution Channels
4) By End User: Food Processing, Food Service, Cosmetics and Personal Care, Pharmaceuticals, Other End Users
Which Region Leads The Olive Oil Global Market?
Europe dominates the olive oil market as of 2024. However, Asia-Pacific stands as the fastest-growing region in the forecast period. Other regions include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Olive Oil Global Market Report?
- Market Size Analysis: Analyze the Olive Oil Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Olive Oil Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Olive Oil Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Olive Oil Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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