Middle East and Africa Olive Oil Market

Middle East and Africa Olive Oil Market Size, Share, Growth Analysis, By Type(Virgin, Pure/Refined), By End-User(Household/Retail, Foodservice/HoReCa), By Country(Turkey, Egypt) - Industry Forecast 2024-2031


Report ID: UCMIR30I2297 | Region: Regional | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Middle East and Africa Olive Oil Market Insights

Market Overview:

The Middle East and Africa's olive oil market is anticipated to experience a 2.18% Compound Annual Growth Rate (CAGR) throughout the projected period. The global olive oil market is also poised for expansion, with an expected increase from USD 14.20 billion in 2022 to USD 18.42 billion by 2030. The Middle East and Africa have emerged as promising regions in the global olive oil industry, primarily due to its versatile applications in households and growing awareness of the health benefits associated with MUFAs (Monounsaturated Fatty Acids) found in such oils. Additionally, the rising usage of olive oil, both in cooking and personal skincare products, has driven its demand in the market.

Middle East and Africa Olive Oil Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Packaged Foods & Meats by segment aggregation, the contribution of the Packaged Foods & Meats in Food, Beverage & Tobacco and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The global market for Middle East and Africa Olive Oil was estimated to be valued at US$ XX Mn in 2021.

The global Middle East and Africa Olive Oil Market is estimated to grow at a CAGR of XX% by 2028.

The global Middle East and Africa Olive Oil Market is segmented on the basis of Type, End-User, Country.

Based on region, the global Middle East and Africa Olive Oil Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Middle East and Africa Olive Oil Market are , Leya Olive Oil , Wadi food , Borges International Group , Bunge Limited , IFFCO Group , Kristal Oil , IKK Foods , Baya Olive Oil , GEA Group , Deoleo S.A..

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Middle East and Africa Olive Oil Market

Product ID: UCMIR30I2297

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