Olive Oil Market Prophesied To Perceive Burnished Growth at 6.3 % By 2023; Asserts MRFR

Market Study   

The global market of extra virgin olive oil is expected to continue its growth over the forecast period due to rising demand, increasing health awareness as well as health benefits that olive oil gives in recent years. Since extra virgin olive oil market’s growth is directly proportional to the scope of innovation due to the highly competitive market and key players investing in R&D for innovating product lines. Moreover, leading players are also investing in partnership with various food chains and beverage companies along with pharmaceutical companies and the personal care products industry. All these together is the primary focus area to increase the consumer base.

Increasing number of health conscious consumers in developed as well as developing economies is one of the driving forces for the growth of this market. Key players are also investing in R&D for development of new product line with improved formulations. Many consumers use extra virgin olive oil products in food & beverages, personal care and pharmaceuticals products. They also use this oil as fuel to light traditional lamps

Market Analysis:

The global extra virgin olive oil market is highly concentrated in Europe because of the increasing awareness about healthy food habits as well as benefits of extra virgin olive oil in personal care products and medications. Key manufacturers are focusing on expanding their product line by providing various product lines with various flavors, combinations, and attractive packaging.

The global extra virgin olive oil market is segmented on the basis of processing type such as cold pressed, flavored, virgin, blended, and others. This market is also segmented on the basis of its application in cooking, cosmetics, pharmaceutical and fuel. Further, the market is segmented on the basis of region and distribution channel which includes store based and non-store based.

Key Players

Some of the key players in the extra virgin olive oil market: Agro Sevilla Group (Spain), SALOV NORTH AMERICA CORP (U.S.), Star Fine Foods - Borges USA (U.S.), Grupo Ybarra Alimentación (Spain), DEOLEO (Spain), SOVENA (Portugal), Carapelli Firenze S.p.A (Italy).

Get Sample Report@ https://www.marketresearchfuture.com/sample_request/4124..

Regional Analysis

The global extra virgin olive oil market is segmented on the basis of region into North America, Europe, Asia Pacific, and rest of the world (RoW). Among these, Europe is estimated to retain its dominance, followed by North America, over the forecast period of 2017-2023. This is attributed to the increasing awareness about health benefits derived from extra virgin olive oil, as well as increasing area of cultivation. Also, due to its vast usage in food and beverages, pharmaceuticals & personal care products, fuel and others is rising the demand of extra virgin olive oil. Spain is the largest producer of olive oil, followed by Italy. The new product development by key manufacturers of extra virgin olive oil is projected to be one of the significant reasons for the rising growth of extra virgin olive oil products in the North America. However, Asia Pacific region is estimated to witness a maximum growth in the global extra virgin olive oil market over the forecast period of 2017-2023.

Segments

The global extra virgin olive oil market is segmented on the basis of processing type, such as cold pressed, flavored, virgin, blended, and others. Virgin segment from this market is increasing the demand of the extra virgin olive oils.

On the basis of application, the market is segmented into cooking, cosmetics, pharmaceutical, fuel. Increasing demand for food products is helping to drive the growth of this market.

On the basis of distribution channel, the market is segmented into store based such as supermarkets & hypermarkets, specialty stores, food processing industries, and others, and non-store based.

Get Complete Report@ https://www.marketresearchfuture.com/reports/extra-virgin-olive-oil-market-4124 .

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY    

FIGURE 2 PRIMARY DATA ANALYSIS APPROACH    

FIGURE 3 SECONDARY DATA ANALYSIS APPROACH    

FIGURE 4 TREND IN EXTRA VIRGIN OLIVE OIL IMPORTS 2011-15    

FIGURE 5 GROWTH RATE IN EXTRA VIRGIN OLIVE OIL IMPORTS 2011-15

FIGURE 6 EXTRA VIRGIN OLIVE OIL IMPORTS MARKET SHARE BY TOP 5 IMPORTERS (2011 VS 2015)

FIGURE 7 TREND IN EXTRA VIRGIN OLIVE OIL EXPORTS 2011-15

FIGURE 8 GROWTH RATE EXTRA VIRGIN OLIVE OIL EXPORTS 2011-15

FIGURE 9 EXTRA VIRGIN OLIVE OIL EXPORTS MARKET SHARE BY TOP 5 EXPORTERS (2011 VS 2015)

FIGURE 10 VALUE CHAIN ANALYSIS    

FIGURE 11 COST ANALYSIS:  EXTRA VIRGIN OLIVE OIL  

FIGURE 12 PORTER’S FIVE FORCES ANALYSIS  

CONTINUED…………………………………………………………………… 

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
Pune - 411028 Maharashtra, India

This release was published on openPR.