Global Olive Oil Market

Olive Oil Market Size, Share, Growth Analysis, By Type (Virgin Olive Oil, Refined Olive Oil), By Application (Food & Beverage, Pharmaceutical), By End-User (Convenience Store, Retail), By Region - Industry Forecast 2025-2032

Report ID: SQMIG30I2410 | Region: Global | Published Date: January, 2025
Pages: 171 | Tables: 119 | Figures: 74

Olive Oil Market News

  • In 2023, Almazaras de la Subbética remained an internationally recognized oil producer. They won several awards at leading contests like the NYIOOC World Olive Oil Competition.
  • In 2024, Azienda Agricola Leone Sabino continues to expand its commercial territory strengthening the presence not only in the Italian local markets but across national borders and all those areas of interest that enhance high quality virgin olive oil.
  • In July 2022, Spanish company Genosa launched an oil prepared from olives with soluble phenol-rich hydroxytyrosol. It contributes towards health benefits and broad prospects for application.
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FAQs

Global Olive Oil Market size was valued at USD 14.7 Billion in 2023 and is poised to grow from USD 15.29 Billion in 2025 to USD 20.15 Billion by 2032, growing at a CAGR of 4.02 % in the forecast period (2025-2032).

The olive oil industry is highly diversified and competitive where many market players along with new entrants are participating. Market competition is shaped by consumer demand for quality, taste, and health benefits. The competitive landscape reflects a myriad of socio-economic and environmental forces that propel innovation and differentiation among industry players. A strong brand image, advanced technology and high-quality products are the key drivers of revenue for the market. To broaden their portfolios and sustain a competitive edge within the market, these companies utilize several strategies, including research and development, mergers & acquisitions, and technological innovations. 'Almazaras de la Subbetica', 'Azienda Agricola Leone Sabino', 'Borges INTERNATIONAL GROUP, S.L.U.', 'Broges SA', 'California Olive Ranch, Inc.', 'Cargill, Incorporated', 'Colavita USA, LLC', 'Conagra Brands', 'Del Monte Foods Private Limited', 'Deoleo, S.A.', 'Fieldfresh Foods Private Limited', 'Frantoio Romano', 'Gallo Worldwide, LDA', 'GRUPPO SALOV', 'Hacienda El Palo SL', 'Hispasur Aceites S.L.', 'Knolive Oils'

Growing Investment in Sustainable Techniques

Growing Health and Wellness Trend: There is an increasing trend of olive oil, and extra virgin olive oil particularly, as healthy because of its high content of monounsaturated fats and antioxidants. This is also due to the fact consumers are now progressively more mindful of what goes into their diet and search for a healthier approach. The rising knowledge of health benefits associated with consumption promotes the expansion of sales.

The Europe region is expected to dominate the global market. Europe is perfect for growing olives due to an ideal climate found in the Mediterranean region, with lengthy hot summers and mild winters along natural environments which favour olive tree vegetation. Spain, Italy and Greece the most typical countries for olive oil production benefits from these favorable conditions for planting olives and obtaining quality olive oil. It is this geographic characteristic that has an impact upon Europe being the world leader in olive oil production. European Mediterranean countries have a long history of olive farming and oil manufacturing, traditions spanning thousands of years. This wealth of historical and cultural background has long sustained massive knowledge, expertise in cultivation and processing of the olive oil production that leads to high-quality output. In these areas, the cultural importance of olive oil encourages not only domestic consumption but also external demand for European olive oil, maintaining the dominant position of Europe in the market.

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Global Olive Oil Market

Report ID: SQMIG30I2410

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