Olive oil has various health benefits such as presence of antioxidants and low level of saturated fats and therefore, is widely used for culinary applications. Moreover, olive oil is also used in personal care products, owing to its moisturizing effect. However, availability of alternatives is expected to restrain growth of the market. Other vegetable oils such as soy oil, palm oil, corn oil, and coconut oil are already available in the market, which is expected to pose a threat to growth of the global olive oil market. Moreover, olive oil production is limited to only certain geographic locations such as Europe and North America. Such factors are expected to pose a challenge to olive oil market growth.
Market Dynamics
Increasing demand for olive oil is attributed to rising awareness regarding health benefits of olive oil such as anti-cancer effects. This is expected to boost its consumption and in turn, drive the market growth. For instance, according to data released by International Olive Oil Council in November 2018, the U.S. olive oil consumption increased from 258 thousand tons in 2009-10 to 295 thousand tons in 2014-15. Moreover, according to data released by the U.S. Department of Agricultural, Economic Research Service, in March 2019, world olive oil production was 2.40 million metric tons in 2014-15, which increased to 3.26 million metric tons in 2017-18.
Moreover, olive oil industry waste is being considered as a potential raw material for production of bio-based fuels. Non-renewable energy sources such as crude oil are depleting at high rate. However, energy demand is increasing with rising population. Therefore, there is rising need for development of sustainable resources. For instance, according to a research paper, ‘Production of Biodiesel from an Olive Oil Industry Waste’ released at the RCN Conference on Pan American Biofuel and Bioenergy Sustainability in 2016, ‘Alperujo’ (blend of water, oil, cellulose, lignin, proteins, and carbohydrates) is a waste product obtained from the process of olive oil extraction. The byproduct can be successfully used as feedstock to obtain biodiesel.
Key features of the study:
- This report provides in-depth analysis of global olive oil market and provides market size (US$ million & million tons) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global olive oil market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Cargill, Inc., SOVENA, DEOLEO, COLAVITAS.p.a., Olivezia, Stone Axe Estate, PORTTABLE Produtos Alimentares ,Lda., Castellodi Albola, Planeta, Empresa Esporão S.A., and Domaine De Marquiliani (Kermit Lynch Wine Merchant)
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
- The global olive oil market report caters to various stakeholders in this industry including investors, suppliers, olive oil manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global olive oil market
Detailed Segmentation:
- Global Olive Oil Market, By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- Global Olive Oil Market, By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Global Olive Oil Market, By Region:
- North America
- U.S.
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Canada
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Europe
- U.K.
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Germany
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Italy
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- France
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Russia
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Rest of Europe
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Asia Pacific
- China
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- India
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Japan
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- ASEAN
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Australia
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- South Korea
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Rest of Asia Pacific
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Latin America
- Brazil
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Mexico
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Rest of Latin America
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Middle East
- GCC
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Israel
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Rest of Middle East
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Africa
- Northern Africa
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Central Africa
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- South Africa
- By Product Type:
- Extra Virgin Oil
- Virgin Oil
- Others (Pomace Olive Oil, Lampante Oil etc.)
- By Distribution Channel:
- Business-to-business
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Business-to-consumer
- Grocery Stores
- Online Channel
- Others (Convenience Stores, etc.)
- Company Profiles
- Cargill Inc. *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- SOVENA
- DEOLEO
- COLAVITA S.p.a.
- Olivezia
- Stone Axe Estate
- PORTTABLE Produtos Alimentares, Lda.
- Castello di Albola
- Planeta
- Empresa Esporão S.A.
- Domaine De Marquiliani (Kermit Lynch Wine Merchant)
“*” marked represents similar segmentation in other categories in the respective section.