The global market for Olive Oil is estimated at US$13.8 Billion in 2023 and is projected to reach US$16.9 Billion by 2030, growing at a CAGR of 2.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the olive oil market is driven by several factors, including technological advancements, expanding applications, and evolving consumer preferences. Innovations in production technology, such as improved pressing techniques and better storage solutions, are enhancing the quality and shelf life of olive oil. The increasing application of olive oil in various sectors, including cosmetics and pharmaceuticals, is broadening its market scope. Consumer preferences are shifting towards natural and health-conscious products, driving the demand for high-quality extra virgin olive oil.
Additionally, the rising popularity of Mediterranean diets, which emphasize the use of olive oil, is propelling market growth. Educational campaigns about the health benefits of olive oil, supported by scientific research, are also boosting consumer interest. These factors, combined with strategic marketing and product diversification, are fueling the robust expansion of the olive oil market, ensuring its continued relevance and growth in the global market.
The growth in the olive oil market is driven by several factors, including technological advancements, expanding applications, and evolving consumer preferences. Innovations in production technology, such as improved pressing techniques and better storage solutions, are enhancing the quality and shelf life of olive oil. The increasing application of olive oil in various sectors, including cosmetics and pharmaceuticals, is broadening its market scope. Consumer preferences are shifting towards natural and health-conscious products, driving the demand for high-quality extra virgin olive oil.
Additionally, the rising popularity of Mediterranean diets, which emphasize the use of olive oil, is propelling market growth. Educational campaigns about the health benefits of olive oil, supported by scientific research, are also boosting consumer interest. These factors, combined with strategic marketing and product diversification, are fueling the robust expansion of the olive oil market, ensuring its continued relevance and growth in the global market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Virgin Olive Oil segment, which is expected to reach US$12.0 Billion by 2030 with a CAGR of a 3.0%. The Refined / Pure Olive Oil segment is also set to grow at 2.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.7 Billion in 2023, and China, forecasted to grow at an impressive 4.9% CAGR to reach $3.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Olive Oil Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Olive Oil Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Olive Oil Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ACEITES LA MASiA, BETIS Products LLC, Borges Branded Foods SLU, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 354 Featured):
- ACEITES LA MASiA
- BETIS Products LLC
- Borges Branded Foods SLU
- Carbonell
- Deoleo SA
- GALLO
- Grup Pons
- Grupo Ybarra Alimentacion SL
- Jaencoop Grupo
- Maeva Group (Mozambique)
- Minerva SA
- Mueloliva y Minerva SL
- PT Sari Agrotama Persada
- Sovena Group
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- ACEITES LA MASiA
- BETIS Products LLC
- Borges Branded Foods SLU
- Carbonell
- Deoleo SA
- GALLO
- Grup Pons
- Grupo Ybarra Alimentacion SL
- Jaencoop Grupo
- Maeva Group (Mozambique)
- Minerva SA
- Mueloliva y Minerva SL
- PT Sari Agrotama Persada
- Sovena Group
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 422 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 13.8 Billion |
Forecasted Market Value ( USD | $ 16.9 Billion |
Compound Annual Growth Rate | 2.9% |
Regions Covered | Global |
No. of Companies Mentioned | 14 |