Global Olive Oil Market Size, Trends, By Type (Extra Virgin Olive Oil, Virgin Olive Oil, Refined Olive Oil, Blended Olive Oil, and Others), By Packaging (Bottles, Cans, Drums, Pouches), By End-use (Retail/Households, Food & Beverage, Pharmaceuticals & Dietary Supplements, Cosmetics, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retailers, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Olive Oil Market
The Global Olive Oil Market was valued at US$ 14.56 Bn in 2022, estimated to reach US$ 21.06 Bn by 2030, with a CAGR of 4.33% from 2023-2030.
Olive oil is a type of oil that is made from the fruit of the olive tree. It is typically produced in Mediterranean countries such as Spain, Italy, and Greece, although it is now widely produced and consumed around the world. Olive oil is valued for its unique flavor and health benefits, and it is commonly used in cooking, salad dressings, and as a dip for bread. It is also used in cosmetics and traditional medicine. Olive oil is available in a variety of types and grades, including extra-virgin, virgin, pure, and pomace. Extra-virgin olive oil is the highest quality and most expensive, while pomace olive oil is the lowest quality and least expensive.
Market Drivers
The global market for olive oil is being driven by increasing awareness among consumers about the health benefits associated with the consumption of olive oil. There is a growing trend towards healthy eating and cooking, which has increased the demand for natural and organic ingredients such as olive oil. The increasing popularity of Mediterranean cuisine around the world, as well as, the increasing disposable income in emerging economies has led to a rise in demand for premium olive oil products, which has further boosted the growth of the global olive oil market.
Market Restraints
A primary challenge to the growth of the olive oil market is the susceptibility of olive trees to weather conditions and diseases, which can have a significant impact on production levels and quality. Additionally, the olive oil market is highly competitive, with many players competing for market share. The high price of olive oil compared to other types of vegetable oils also limits demand, particularly in price-sensitive markets.
Moreover, the presence of counterfeit products and the increasing popularity of alternative oils such as avocado oil and coconut oil could also impact the growth of the olive oil market.
Market Segmentation
The scope of the global olive oil market covers segmentation based on type, packaging, application, distribution channel, and region.
Based on type, the market is segmented into extra virgin olive oil, virgin olive oil, refined olive oil, blended olive oil, and others. Based on packaging, the market is segmented into bottles, cans, drums, and pouches. Further, the market is segmented into end-use, such as retail/households, food & beverage, pharmaceuticals & dietary supplements, cosmetics, and others. By distribution channel, the olive oil market is segmented into supermarkets/hypermarkets, convenience stores, online retailers, and others.
Regional Analysis
The global olive oil market is segmented into 5 main regions, namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The European region, especially, Spain, Italy, and Greece are the major producers and exporters of olive oil, with Spain being the largest producer and exporter in the world. Europe dominates the market due to its favorable climate, abundant land, and advanced processing technologies. In recent years, the Asia Pacific region has emerged as a fast-growing market for olive oil due to increasing awareness about the health benefits of olive oil, growing urbanization, and changing food preferences. Moreover, the growing popularity of Mediterranean cuisine, rising disposable income, and increasing health consciousness among consumers are expected to drive the demand for olive oil in the Asia Pacific region.
Key Players
California Olive Ranch, Borges International Group, Del Monte Foods Inc, Gallo Worldwide LLC, Sovena Group, Salov S.p.A., Deoleo, Avenida Rafael Ybarra, Sun Grove Foods Inc, Domenico Manca S.p.A., etc.
Market Taxonomy
By Type
• Extra Virgin Olive Oil
• Virgin Olive Oil
• Refined Olive Oil
• Blended Olive Oil
• Others
By Packaging
• Bottles
• Cans
• Drums
• Pouches
By End-use
• Retail/Households
• Food & Beverage
• Pharmaceuticals & Dietary Supplements
• Cosmetics
• Others
By Distribution Channel
• Supermarkets/Hypermarkets
• Convenience Stores
• Online Retailers
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest of Middle East & Africa
Key Questions Addressed by the Report
• What are the key opportunities in the Global Olive Oil Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the market?
• What is the competitive landscape in the industry?
• What is the role of key players in the value chain?
Global Olive Oil Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Olive Oil Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Olive Oil Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Olive Oil Market Share Analysis, By Type
5.3 Global Olive Oil Market Size and Forecast, By Type
5.3.1 Extra Virgin Olive Oil
5.3.2 Virgin Olive Oil
5.3.3 Refined Olive Oil
5.3.4 Blended Olive Oil
5.3.5 Others
6 Global Olive Oil Market, By Packaging
6.1 Y-o-Y Growth Comparison, By Packaging
6.2 Global Olive Oil Market Share Analysis, By Packaging
6.3 Global Olive Oil Market Size and Forecast, By Packaging
6.3.1 Bottles
6.3.2 Cans
6.3.3 Drums
6.3.4 Pouches
7 Global Olive Oil Market, By End-use
7.1 Y-o-Y Growth Comparison, By End-use
7.2 Global Olive Oil Market Share Analysis, By End-use
7.3 Global Olive Oil Market Size and Forecast, By End-use
7.3.1 Retail/Households
7.3.2 Food & Beverage
7.3.3 Pharmaceuticals & Dietary Supplements
7.3.4 Cosmetics
7.3.5 Others
8 Global Olive Oil Market, By Distribution Channel
8.1 Y-o-Y Growth Comparison, By Distribution Channel
8.2 Global Olive Oil Market Share Analysis, By Distribution Channel
8.3 Global Olive Oil Market Size and Forecast, By Distribution Channel
8.3.1 Supermarkets/Hypermarkets
8.3.2 Convenience Stores
8.3.3 Online Retailers
8.3.4 Others
9 Global Olive Oil Market, By Region
9.1 Global Olive Oil Market Share Analysis, By Region
9.2 Global Olive Oil Market Size and Forecast, By Region
9.3 Global Olive Oil Market Trends and Forecast, By Region
10 North America Olive Oil Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Olive Oil Market Share Analysis, By Type
10.3 North America Olive Oil Market Size and Forecast, By Packaging
10.4 North America Olive Oil Market Size and Forecast, By End-use
10.5 North America Olive Oil Market Size and Forecast, By Distribution Channel
10.6 North America Olive Oil Market Size and Forecast, By Country
10.6.1 U.S.
10.6.1.1 Market Size and Forecast, By Type
10.6.1.2 Market Size and Forecast, By Packaging
10.6.1.3 Market Size and Forecast, By End-use
10.6.1.4 Market Size and Forecast, By Distribution Channel
10.6.2 Canada
10.6.2.1 Market Size and Forecast, By Type
10.6.2.2 Market Size and Forecast, By Packaging
10.6.2.3 Market Size and Forecast, By End-use
10.6.2.4 Market Size and Forecast, By Distribution Channel
10.6.3 Mexico
10.6.3.1 Market Size and Forecast, By Type
10.6.3.2 Market Size and Forecast, By Packaging
10.6.3.3 Market Size and Forecast, By End-use
10.6.3.4 Market Size and Forecast, By Distribution Channel
11 Europe Olive Oil Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Olive Oil Market Share Analysis, By Type
11.3 Europe Olive Oil Market Size and Forecast, By Packaging
11.4 Europe Olive Oil Market Size and Forecast, By End-use
11.5 Europe Olive Oil Market Size and Forecast, By Distribution Channel
11.6 Europe Olive Oil Market Size and Forecast, By Country
11.6.1 Germany
11.6.1.1 Market Size and Forecast, By Type
11.6.1.2 Market Size and Forecast, By Packaging
11.6.1.3 Market Size and Forecast, By End-use
11.6.1.4 Market Size and Forecast, By Distribution Channel
11.6.2 France
11.6.2.1 Market Size and Forecast, By Type
11.6.2.2 Market Size and Forecast, By Packaging
11.6.2.3 Market Size and Forecast, By End-use
11.6.2.4 Market Size and Forecast, By Distribution Channel
11.6.3 UK
11.6.3.1 Market Size and Forecast, By Type
11.6.3.2 Market Size and Forecast, By Packaging
11.6.3.3 Market Size and Forecast, By End-use
11.6.3.4 Market Size and Forecast, By Distribution Channel
11.6.4 Russia
11.6.4.1 Market Size and Forecast, By Type
11.6.4.2 Market Size and Forecast, By Packaging
11.6.4.3 Market Size and Forecast, By End-use
11.6.4.4 Market Size and Forecast, By Distribution Channel
11.6.5 Italy
11.6.5.1 Market Size and Forecast, By Type
11.6.5.2 Market Size and Forecast, By Packaging
11.6.5.3 Market Size and Forecast, By End-use
11.6.5.4 Market Size and Forecast, By Distribution Channel
11.6.6 Spain
11.6.6.1 Market Size and Forecast, By Type
11.6.6.2 Market Size and Forecast, By Packaging
11.6.6.3 Market Size and Forecast, By End-use
11.6.6.4 Market Size and Forecast, By Distribution Channel
11.6.7 Rest of Europe
11.6.7.1 Market Size and Forecast, By Type
11.6.7.2 Market Size and Forecast, By Packaging
11.6.7.3 Market Size and Forecast, By End-use
11.6.7.4 Market Size and Forecast, By Distribution Channel
12 Asia Pacific Olive Oil Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Olive Oil Market Share Analysis, By Type
12.3 Asia Pacific Olive Oil Market Size and Forecast, By Packaging
12.4 Asia Pacific Olive Oil Market Size and Forecast, By End-use
12.5 Asia Pacific Olive Oil Market Size and Forecast, By Distribution Channel
12.6 Asia Pacific Olive Oil Market Size and Forecast, By Country
12.6.1 China
12.6.1.1 Market Size and Forecast, By Type
12.6.1.2 Market Size and Forecast, By Packaging
12.6.1.3 Market Size and Forecast, By End-use
12.6.1.4 Market Size and Forecast, By Distribution Channel
12.6.2 Japan
12.6.2.1 Market Size and Forecast, By Type
12.6.2.2 Market Size and Forecast, By Packaging
12.6.2.3 Market Size and Forecast, By End-use
12.6.2.4 Market Size and Forecast, By Distribution Channel
12.6.3 India
12.6.3.1 Market Size and Forecast, By Type
12.6.3.2 Market Size and Forecast, By Packaging
12.6.3.3 Market Size and Forecast, By End-use
12.6.3.4 Market Size and Forecast, By Distribution Channel
12.6.4 South Korea
12.6.4.1 Market Size and Forecast, By Type
12.6.4.2 Market Size and Forecast, By Packaging
12.6.4.3 Market Size and Forecast, By End-use
12.6.4.4 Market Size and Forecast, By Distribution Channel
12.6.5 Australia
12.6.5.1 Market Size and Forecast, By Type
12.6.5.2 Market Size and Forecast, By Packaging
12.6.5.3 Market Size and Forecast, By End-use
12.6.5.4 Market Size and Forecast, By Distribution Channel
12.6.6 New Zealand
12.6.6.1 Market Size and Forecast, By Type
12.6.6.2 Market Size and Forecast, By Packaging
12.6.6.3 Market Size and Forecast, By End-use
12.6.6.4 Market Size and Forecast, By Distribution Channel
12.6.7 Singapore
12.6.7.1 Market Size and Forecast, By Type
12.6.7.2 Market Size and Forecast, By Packaging
12.6.7.3 Market Size and Forecast, By End-use
12.6.7.4 Market Size and Forecast, By Distribution Channel
12.6.8 Malaysia
12.6.8.1 Market Size and Forecast, By Type
12.6.8.2 Market Size and Forecast, By Packaging
12.6.8.3 Market Size and Forecast, By End-use
12.6.8.4 Market Size and Forecast, By Distribution Channel
12.6.9 Rest of Asia
12.6.9.1 Market Size and Forecast, By Type
12.6.9.2 Market Size and Forecast, By Packaging
12.6.9.3 Market Size and Forecast, By End-use
12.6.9.4 Market Size and Forecast, By Distribution Channel
13 Latin America Olive Oil Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Olive Oil Market Share Analysis, By Type
13.3 Latin America Olive Oil Market Size and Forecast, By Packaging
13.4 Latin America Olive Oil Market Size and Forecast, By End-use
13.5 Latin America Olive Oil Market Size and Forecast, By Distribution Channel
13.6 Latin America Olive Oil Market Size and Forecast, By Country
13.6.1 Brazil
13.6.1.1 Market Size and Forecast, By Type
13.6.1.2 Market Size and Forecast, By Packaging
13.6.1.3 Market Size and Forecast, By End-use
13.6.1.4 Market Size and Forecast, By Distribution Channel
13.6.2 Argentina
13.6.2.1 Market Size and Forecast, By Type
13.6.2.2 Market Size and Forecast, By Packaging
13.6.2.3 Market Size and Forecast, By End-use
13.6.2.4 Market Size and Forecast, By Distribution Channel
13.6.3 Colombia
13.6.3.1 Market Size and Forecast, By Type
13.6.3.2 Market Size and Forecast, By Packaging
13.6.3.3 Market Size and Forecast, By End-use
13.6.3.4 Market Size and Forecast, By Distribution Channel
13.6.4 Peru
13.6.4.1 Market Size and Forecast, By Type
13.6.4.2 Market Size and Forecast, By Packaging
13.6.4.3 Market Size and Forecast, By End-use
13.6.4.4 Market Size and Forecast, By Distribution Channel
13.6.5 Chile
13.6.5.1 Market Size and Forecast, By Type
13.6.5.2 Market Size and Forecast, By Packaging
13.6.5.3 Market Size and Forecast, By End-use
13.6.5.4 Market Size and Forecast, By Distribution Channel
13.6.6 Venezuela
13.6.6.1 Market Size and Forecast, By Type
13.6.6.2 Market Size and Forecast, By Packaging
13.6.6.3 Market Size and Forecast, By End-use
13.6.6.4 Market Size and Forecast, By Distribution Channel
13.6.7 Rest of Latin America
13.6.7.1 Market Size and Forecast, By Type
13.6.7.2 Market Size and Forecast, By Packaging
13.6.7.3 Market Size and Forecast, By End-use
13.6.7.4 Market Size and Forecast, By Distribution Channel
14 Middle East Olive Oil Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Olive Oil Market Share Analysis, By Type
14.3 Middle East Olive Oil Market Size and Forecast, By Packaging
14.4 Middle East Olive Oil Market Size and Forecast, By End-use
14.5 Middle East Olive Oil Market Size and Forecast, By Distribution Channel
14.6 Middle East Olive Oil Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.1.1 Market Size and Forecast, By Type
14.6.1.2 Market Size and Forecast, By Packaging
14.6.1.3 Market Size and Forecast, By End-use
14.6.1.4 Market Size and Forecast, By Distribution Channel
14.6.2 UAE
14.6.2.1 Market Size and Forecast, By Type
14.6.2.2 Market Size and Forecast, By Packaging
14.6.2.3 Market Size and Forecast, By End-use
14.6.2.4 Market Size and Forecast, By Distribution Channel
14.6.3 Egypt
14.6.3.1 Market Size and Forecast, By Type
14.6.3.2 Market Size and Forecast, By Packaging
14.6.3.3 Market Size and Forecast, By End-use
14.6.3.4 Market Size and Forecast, By Distribution Channel
14.6.4 Kuwait
14.6.4.1 Market Size and Forecast, By Type
14.6.4.2 Market Size and Forecast, By Packaging
14.6.4.3 Market Size and Forecast, By End-use
14.6.4.4 Market Size and Forecast, By Distribution Channel
14.6.5 South Africa
14.6.5.1 Market Size and Forecast, By Type
14.6.5.2 Market Size and Forecast, By Packaging
14.6.5.3 Market Size and Forecast, By End-use
14.6.5.4 Market Size and Forecast, By Distribution Channel
14.6.6 Rest of Middle East & Africa
14.6.6.1 Market Size and Forecast, By Type
14.6.6.2 Market Size and Forecast, By Packaging
14.6.6.3 Market Size and Forecast, By End-use
14.6.6.4 Market Size and Forecast, By Distribution Channel
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 California Olive Ranch, , ,
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Borges International Group
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Del Monte Foods Inc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Gallo Worldwide LLC
16.4.1 Overview
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Sovena Group
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Salov S.p.A.
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Deoleo
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Avenida Rafael Ybarra
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Sun Grove Foods Inc
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Domenico Manca S.p.A.
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
