Press release
Global Organic Olive Oil Market to Reach $1.74 Billion by 2029, Growing at 9.7% CAGR
What market dynamics are playing a key role in accelerating the growth of the organic olive oil market?The increasing demand for functional foods is expected to boost the organic olive oil market. Functional foods, which provide health benefits beyond basic nutrition, are gaining traction as consumers seek healthier diets. Organic olive oil, rich in antioxidants and monounsaturated fats, is a key ingredient in functional foods. According to Agriculture and Agri-Food Canada, the market for functional foods and beverages is expected to grow by 15.3% by 2025, signaling strong demand for organic olive oil in functional food applications.
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How will the growth rate of the organic olive oil market shape industry trends by 2034?
The organic olive oil market has expanded rapidly, growing from $1.09 billion in 2024 to $1.2 billion in 2025 at a CAGR of 10.0%. Growth has been fueled by increasing health awareness, rising disposable income, the Mediterranean diet's popularity, organic farming expansion, government support, and improvements in supply chain infrastructure.
The organic olive oil market is expected to experience strong growth, reaching $1.74 billion in 2029 at a CAGR of 9.7%. Growth will be driven by increasing demand for organic products, advancements in organic farming, expansion of e-commerce, a rising number of health-conscious consumers, and regulatory support. Key trends include blockchain for traceability, eco-friendly packaging, AI in agriculture, cold-pressed extraction, new organic certifications, digital marketing influence, and drone usage in olive cultivation.
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What trends are poised to drive the future success of the organic olive oil market?
Companies in the organic olive oil market are launching carbon-neutral olive oil products to reduce their environmental footprint and address the growing demand for sustainable products. Carbon-neutral olive oil is produced with a net-zero carbon footprint by offsetting emissions during cultivation, processing, and distribution. In December 2023, Indian Farmers Fertiliser Cooperative launched the first carbon-neutral olive oil in the GCC region under its Rahma brand. This move aligns with global sustainability goals and the UAE's 2023 Year of Sustainability, attracting environmentally conscious consumers and positioning IFFCO as a leader in the premium olive oil market.
Which primary segments of the organic olive oil market are driving growth and industry transformations?
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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What regions are leading the charge in 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.
Who are the influential players reshaping the organic olive oil market landscape?
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.
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What Is Covered In The Organic Olive Oil Global Market Report?
•Market Size Forecast: Examine the organic olive oil market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the organic olive oil market for a structured understanding.
•Key Players Overview: Analyze major players in the organic olive oil market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the organic olive oil market.
•Segment Contributions: Evaluate how different segments drive overall growth in the organic olive oil market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the organic olive oil market.
•Industry Challenges: Identify potential risks and obstacles affecting the organic olive oil market.
•Competitive Landscape: Review strategic developments in the organic olive oil market, including expansions, agreements, and new product launches.
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