Global Olive Oil Market, By Source (Organic and Non-Organic), Product Type (Processed Olive Oil, Extra Virgin Olive Oil, Olive Pomace Oil, Refined Olive Oil and Others), Packaging (Tins, Bottles and Others), Application (Pharmaceutical, Food Industry, Cosmetic and Personal Care, Pet Foods, Soaps and Lubricants and Others), Distribution Channel (Supermarket/Hypermarket, Convenience Store, Online Channel and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the global olive oil market will project a CAGR of 4.06% for the forecast period of 2021-2028. Growth and expansion of the e-commerce industry and rising awareness about health benefits of olive oil over other fatty oils are the major factors attributable to the growth of olive oil market.
From the name itself, it is clear that olive oil is oil that is extracted from the olives and consists of healthy fatty acids like oleic acid along with palmitic acid and linoleic acid. Olive oil is cooking oil that offers great nutritional value. Owing to its popularity across the globe, a wide categorical range of olive oils is available in the market. Apart from just using it as edible cooking oil, olive oils are also used in a wide range of applications. For example- olive oil has moisturizing and exfoliating properties which makes it perfect for skincare and personal care applications.
Rising personal disposable income, growing consumption per capita and changing dietary style of the consumers across the globe are the major factors fostering the growth of olive oil market. Changing lifestyle and rising awareness about the health benefits of olive oil are some other factors acting as market growth determinants. Growing application of olive oil in personal/ skincare products and pharmaceutical drugs will also act an important factor bolstering the market growth rate. Rising prevalence of obesity and other health problems owing to the use of conventional fatty oils will further create lucrative opportunities for the growth of olive oil market.
However, availability of low cost alternative oils will hamper the market growth rate. Also, fluctuations in the prices of olives will further restrain the market growth rate. Low production capacity of emerging economies will also pose a major challenge.
This olive oil market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on olive oil market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Olive Oil Market Scope and Market Size
The olive oil market is segmented on the basis of source, product type, packaging, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the olive oil market is segmented into organic and non-organic.
- On the basis of product type, the olive oil market is segmented into processed olive oil, extra virgin olive oil, olive pomace oil, refined olive oil and others.
- On the basis of packaging, the olive oil market is segmented into tins, bottles and others.
- On the basis of application, the olive oil market is segmented into pharmaceutical, food industry, cosmetic and personal care, pet foods, soaps and lubricants and others.
- On the basis of distribution channel, the olive oil market is segmented into supermarket/hypermarket, convenience store, online channel and others.
Olive Oil Market Country Level Analysis
The olive oil market is analyses and market size, volume information is provided by country, source, product type, packaging, application and distribution channel as referenced above.
The countries covered in the olive oil market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Europe lion’s the olive oil market owing to the high production of olive fruit oil in this region and this oil is highly used in Mediterranean cuisine. Italy and Spain are the major contributors from this region as these are the high olive fruit oil producing regions. Asia-Pacific is also set to project the highest growth rate during the forecast period. This means that the region will score the highest compound annual growth rate for the forecast period. This is because of the rising adoption of healthier lifestyle, rising awareness about the benefits of olive oil and rising personal disposable income.
The country section of the olive oil market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Olive Oil Market Share Analysis
The olive oil market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to olive oil market.
The major players covered in the olive oil market report are DEOLEO, S.A., Salov SpA, BORGES INTERNATIONAL GROUP, S.L., Avenida Rafael Ybarra, Cargill, Incorporated., Rafael Salgado, SOVENA, World Excellent Productions S.A., POMPEIAN., MONINI, Antonio Celentano Extra Virgin Olive Oil, Colavita., AVRIL SCA, Curation Foods, Inc., Maçarico, Dcoop, S. Coop. And., acesur.com., Gallo Worldwide, Todos los derechos reservados and Mueloliva among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Olive Oil Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.