South Korea Olive Oil Market to 2032
Overview
The South Korea Olive Oil Market is expected to reach a 339.82 USD Billion by 2032 and is projected to grow at a CAGR of 6.20% from 2025 to 2032.
Revenue, 2024 (USD Billion)
239.45
Forecast, 2032 (USD Billion)
339.82
CAGR, 2024 - 2032
6.20%
Report Coverage
South Korea
South Korea Olive Oil Market 2018-2032 USD Billion
South Korea Olive Oil Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 239.45 USD Billion
- Projected Market Size (2032): 339.82 USD Billion
- CAGR (2025-2032): 6.20%
Key Findings of South Korea Olive Oil Market
- The South Korea Olive Oil Market was valued at 239.45 USD Billion in 2024.
- The South Korea Olive Oil Market is likely to grow at a CAGR of 6.20% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Store Based in Distribution Channel Segment accounted for the largest share of the market with a revenue of 123.72 USD Billion
- The fastest growing segment Extra Virgin Olive Oil in Type Segment grew Fastest with a CAGR of 8.43% during the forecast period from 2024 to 2032.
South Korea Olive Oil Market Scope
South Korea Olive Oil Market Segmentation & Scope
Distribution Channel
- Non Store Based
- Store Based
Application
- Others
- Aromatherapy
- Pharmaceutical
- Cosmetics & Personal Care
- Food & Beverages
Extraction Method
- First-Press
- Cold-Pressed
- Cold-Extracted
Flavour
- Full-Bodied & Earthy
- Mild & Buttery
- Fruity & Peppery
- Fruity & Herby
Type
- Pomace Olive Oil
- Lite/Light Olive Oil
- Refined Olive Oil
- Common Olive Oil
- Virgin Olive Oil
- Extra Virgin Olive Oil
South Korea Olive Oil Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 239.45 USD Billion |
| Market Value in 2032 | 339.82 USD Billion |
| CAGR (2025-2032) | 6.20% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Application,Extraction Method,Flavour,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 239.45 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 239.45 USD Billion in 2024.
Segments and Scope
-
South Korea Olive Oil Market to 2032, By Distribution Channel
- Store Based is the largest segment in South Korea Olive Oil Market to 2032 with a revenue of 123.72 USD Billion in the year 2024.
- Non Store Based is the Fastest growing segment in South Korea Olive Oil Market to 2032 with a Growth rate of 5.78 % in forecast period 2025-2032.
-
South Korea Olive Oil Market to 2032, By Application
- Food & Beverages is the largest segment in South Korea Olive Oil Market to 2032 with a revenue of 76.78 USD Billion in the year 2024.
- Food & Beverages is the Fastest growing segment in South Korea Olive Oil Market to 2032 with a Growth rate of 7.68 % in forecast period 2025-2032.
-
South Korea Olive Oil Market to 2032, By Extraction Method
- Cold-Extracted is the largest segment in South Korea Olive Oil Market to 2032 with a revenue of 118.44 USD Billion in the year 2024.
- Cold-Extracted is the Fastest growing segment in South Korea Olive Oil Market to 2032 with a Growth rate of 7.16 % in forecast period 2025-2032.
-
South Korea Olive Oil Market to 2032, By Flavour
- Fruity & Herby is the largest segment in South Korea Olive Oil Market to 2032 with a revenue of 84.78 USD Billion in the year 2024.
- Fruity & Herby is the Fastest growing segment in South Korea Olive Oil Market to 2032 with a Growth rate of 7.59 % in forecast period 2025-2032.
-
South Korea Olive Oil Market to 2032, By Type
- Extra Virgin Olive Oil is the largest segment in South Korea Olive Oil Market to 2032 with a revenue of 71.11 USD Billion in the year 2024.
- Extra Virgin Olive Oil is the Fastest growing segment in South Korea Olive Oil Market to 2032 with a Growth rate of 8.43 % in forecast period 2025-2032.
South Korea Olive Oil Market Company Share Analysis
| Company Name |
|
||
| SOVENA | |||
| BORGES INTERNATIONAL GROUP, S.L.U. | |||
| Cargill, Incorporated | |||
| GRUPPO SALOV | |||
| Del Monte Foods, Inc | |||
South Korea Olive Oil Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Olive Oil Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Olive Oil Market is segmented based on Segmentation Distribution Channel,Application,Extraction Method,Flavour,Type.
South Korea Olive Oil Market was valued at USD 239.45(Revenue in USD Billion) in 2021.
South Korea Olive Oil Market is projected to grow at a CAGR of 6.20% during the forecast period of 2024 to 2032.
The Store Based segment is expected to dominate the South Korea Olive Oil Market, holding a largest market share of 123.72 USD Billion in 2024
South Korea Olive Oil Market Scope
South Korea Olive Oil Market Segmentation & Scope
Distribution Channel
- Non Store Based
- Store Based
Application
- Others
- Aromatherapy
- Pharmaceutical
- Cosmetics & Personal Care
- Food & Beverages
Extraction Method
- First-Press
- Cold-Pressed
- Cold-Extracted
Flavour
- Full-Bodied & Earthy
- Mild & Buttery
- Fruity & Peppery
- Fruity & Herby
Type
- Pomace Olive Oil
- Lite/Light Olive Oil
- Refined Olive Oil
- Common Olive Oil
- Virgin Olive Oil
- Extra Virgin Olive Oil
Frequently Asked Questions
The South Korea Olive Oil Market is segmented based on Segmentation Distribution Channel,Application,Extraction Method,Flavour,Type.
South Korea Olive Oil Market was valued at USD 239.45(Revenue in USD Billion) in 2021.
South Korea Olive Oil Market is projected to grow at a CAGR of 6.20% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Olive Oil Market for final year is USD 339.82 (USD Billion).
South Korea Olive Oil Market Company Profiling
Frequently Asked Questions
The South Korea Olive Oil Market is segmented based on Segmentation Distribution Channel,Application,Extraction Method,Flavour,Type.
South Korea Olive Oil Market was valued at USD 239.45(Revenue in USD Billion) in 2021.
South Korea Olive Oil Market is projected to grow at a CAGR of 6.20% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Olive Oil Market for final year is USD 339.82 (USD Billion).
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