- The global olive oil market has been experiencing steady growth, with an increasing consumer preference for healthy and natural oils over conventional cooking oils
- The rising awareness about the health benefits of olive oil, such as its potential to lower cholesterol and improve heart health, is contributing to its market expansion
- The demand for extra virgin olive oil is particularly on the rise, as consumers are becoming more conscious about the quality and purity of the oil they use for cooking and dressing
- Olive oil is not only popular in culinary applications but is also gaining traction in the cosmetics and personal care industry due to its moisturizing and anti-aging properties
- For instance, as consumers shift towards more organic and natural products, many companies are expanding their offerings of organic olive oil to meet this growing demand, which has helped boost market growth
