Press release
Leading Growth Driver in the Organic Olive Oil Market in 2025: Growing Demand For Functional Foods Fuels Organic Olive Oil Market Expansion Driver's Influence
What Are the Market Size and Growth Forecast for the Organic Olive Oil Market?In recent times, the size of the organic olive oil market has seen a swift expansion. The market, which was valued at $1.09 billion in 2024, is projected to reach $1.2 billion in 2025, growing at a compound annual growth rate (CAGR) of 10.0%. This increase during the historic period is primarily due to enhanced consumer awareness of health advantages, a rise in disposable income, the growing acceptance of the Mediterranean diet, the expansion of organic agricultural practices, government aid and incentives, improvements in supply chain structures, and an uptick in specialized food stores.
In the coming years, the market size for organic olive oil is projected to experience robust growth, with expectations to rise to $1.74 billion in 2029, boasting a compound annual growth rate (CAGR) of 9.7%. The surge in this prediction period is due to the escalating demand for organic goods, progress in organic farming methods, the growth of online shopping platforms, an increase in health-savvy customers, inventive marketing approaches, the high-quality of food products, and government backing for organic farming. Significant trends throughout the forecast period encompass the utilization of blockchain for product traceability, environmentally friendly packaging, the incorporation of AI in farming, cold-pressed extraction procedures, the introduction of new organic certifications, advances in digital advertising and the sway of social media, as well as the employment of drones in olive farming.
What Is Contributing to the Growth of the Organic Olive Oil Market?
An increase in the demand for functional foods, which offer added health benefits in addition to fundamental nutrition, is forecasted to drive the expansion of the organic olive oil market. With the growing awareness of the correlation between nutrition and wellbeing, consumers are leaning towards foods that offer additional health advantages. Organic olive oil proves beneficial as a functional food owing to its richness in antioxidants and beneficial monounsaturated fats. These components present substantial health benefits, including the reduction of inflammation and promoting heart health. Particularly in February 2022, a study by Agriculture and Agri-Food Canada, a Canadian government agency, forecasted about 15.3% growth in fortified or functional foods and beverages. The health and wellness category is anticipated to achieve $218.1 billion in 2025, showing a 13.8% rise when compared to 2021. Consequently, the escalating demand for functional foods is fostering the progression of the organic olive oil market.
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Which Key Market Leaders Are Driving Organic Olive Oil Industry Growth?
Major companies operating in the organic olive oil market are Minerva S.A., Sovena Group S.A., Deoleo S.A., Borges Organic Olive Oil Company, Roland Foods LLC, California Olive Ranch Inc., Cobram Estate Olives Limited, Terra Delyssa, Curation Foods Inc., Belazu Ingredient Company Ltd., La Tourangelle Inc., Colavita S.p.A., Monini S.p.A., Oleificio Zucchi S.p.A., Castillo de Canena Olive Juice S.L., Ybarra Alimentación S.A., Oleoestepa S.C.A., Grupo Maeva S.L., Bariani Olive Oil LLC, Enzo Olive Oil Company, Lamasia Comunicacion S.A., Lucini Italia Co., Kosterina Inc., Frantoio Franci S.R.L., Gaea Products S.A.
What Are the Emerging Trends in the Organic Olive Oil Industry?
Prominent corporations within the organic olive oil industry are striving to develop ground-breaking solutions such as carbon-neutral olive oil products. This initiative is aimed at shrinking their ecological impact and fulfilling the increasing consumer needs for eco-friendly items. Carbon-neutral olive oil merchandise is manufactured by ensuring a net-zero carbon footprint, which sways emissions via cultivating, processing and distributing using sustainable methods and carbon offset endeavors. For example, December 2023 marked the introduction of the debut carbon-neutral olive oil in the Gulf Cooperation Council region by the Indian Farmers Fertiliser Cooperative and India-based Farmers Fertiliser Cooperative under its hallmark, Rahma. This introduction promotes sustainability, boosts brand prestige and seeks to infiltrate fresh market constituencies in the GCC. In line with global sustainability objectives and the UAE's 2023 Year of Sustainability, this scheme emphasizes IFFCO's dedication to environmentally considerate food manufacturing practices. IFFCO aims to appeal to eco-aware consumers, heighten sales, and establish itself as a frontrunner in the high-end olive oil market by providing certified carbon-neutral olive oils.
What Are the Main Segments in the Organic Olive Oil Market?
The organic olive oil market covered in this report is segmented -
1) By Type: Virgin Olive Oil, Extra Virgin Olive Oil
2) By Distribution Channel: Hypermarkets Or Supermarkets, Grocery Store, Online, Other Distribution Channel
3) By End User: Food Processing, Food Service, Cosmetics And Personal Care, Pharmaceuticals, Other End Users
Subsegments:
1) By Virgin Olive Oil: Pure Virgin Olive Oil, Light Virgin Olive Oil, Cold-Pressed Virgin Olive Oil, Unfiltered Virgin Olive Oil, Organic Virgin Olive Oil For Cooking, Organic Virgin Olive Oil For Culinary Uses
2) By Extra Virgin Olive Oil: Organic Extra Virgin Olive Oil, First Cold-Pressed Extra Virgin Olive Oil, Unfiltered Extra Virgin Olive Oil, Organic Extra Virgin Olive Oil For Direct Consumption, Flavored Extra Virgin Olive Oil (With Herbs, Garlic), Premium Extra Virgin Olive Oil, Single-Origin Extra Virgin Olive Oil
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Which Geographic Area Leads the Organic Olive Oil Market?
Europe was the largest region in the organic olive oil market in 2024. The regions covered in the organic olive oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Organic Olive Oil Global Market Report?
- Market Size Analysis: Analyze the Organic Olive Oil Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Organic 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 Organic Olive Oil Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Organic Olive Oil Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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