Organic Olive Oil Market Analysis: Trends, Growth, and Future Projections 2031

The global organic olive oil industry garnered $932.6 million in 2021, and is estimated to generate $2.2 billion by 2031, manifesting a CAGR of 8.9% from 2022 to 2031.

Growing health concerns and rising consumer awareness for nutritional products drive the global organic olive oil market. The outbreak of the COVID-19 pandemic had a positive impact on the growth of the global organic olive oil market. Based on region, Europe held the largest share in 2021, contributing to more than one-third of the global organic olive oil market share.

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Consumers nowadays have less time to take proper care of their diet, resulting in low nutritious product consumption. Therefore, consumers are increasingly opting for health supplements in order to fulfill their nutritional needs. This is expected to boost the demand for health supplements, thereby contributing positively to the growth of the organic olive oil market.

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.

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The research provides detailed segmentation of the global organic olive oil market based on product, end user, sales channel, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.

Based on region, Europe held the largest share in 2021, contributing to more than one-third of the global organic olive oil market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 10.1% during the forecast period. The research also analyzes regions including North America and LAMEA.

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Leading market players of the global organic olive oil market analyzed in the research include Borges International Group, Colavita, LLC, Deoleo, melissa kikizas s.a., Minerva Foods, Olinexo S.L., Nutrinveste SGPS, SA, Pompeian, Inc., United Olive Oil Import Co., monini spa.

The report provides a detailed analysis of these key players of the global organic olive oil market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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