Olive Oil Market Valued Over $8 Billion in 2018

Olive Oil Market Valued Over $8 Billion in 2018

“Olive Oil Market”
The global olive oil market size to be around $8 to $8.4 billion in 2018 and foreseen the opportunities to grow at a CAGR of around 2.5% to 3.5% during the forecast period 2019 to 2025.

Global Olive Oil Market: Demand Analysis and Growth Forecast

In the U.S, more than 30 million of the population have diabetes, out of which 90% to 95% of them are suffering from type 2 diabetes as per Centres for Disease Control and Prevention report 2017. The Mediterranean diet that is rich in olive oil, low saturated fats, moderately rich in carbohydrates, and soluble fiber from fruits, vegetables, and grains are the most effective approach to reduce the risk of type 2 diabetes over 40% in people. This aids to lower bad low-density lipoproteins to improve blood sugar control and enhance insulin sensitivity of diabetes patients. The olive oil is a monounsaturated fatty acid which is also found to lower total cholesterol and low-density lipoprotein cholesterol levels. The Olive Oil Market is experiencing significant growth in the cosmetics industry. Olive oil is a key ingredient in moisturizing and in hydrating skin. Moreover, these oils are mainly used as ingredients in face wash products as well as to reduce acne on the skin.

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Olive oil is rich in oleic acid and antioxidants which lower the risk of chronic and heart diseases and reduce inflammations. The growing awareness regarding health benefits associated with its consumption increases the demand for olive oil among consumers. Virgin varieties of olive oil will offer the greatest health benefits as they retain most of the nutrients from the olive fruit. A newly compiled market research report from IndustryARC, titled, “Olive Oil Market: By Type (Virgin Olive Oils, Refined Olive Oil, Olive Oil); By Pack Type (Tins, Bottles); By Category (Organic, Non-Organic); By Application & by Geography – Forecast (2019-2025),” has estimated the global olive oil market size to be around $8 to $8.4 billion in 2018 and foreseen the opportunities to grow at a CAGR of around 2.5% to 3.5% during the forecast period 2019 to 2025.

Olive Oil Market: Leading Segments

According to the analyst of the IndustryARC research report, Europe dominated the demand in 2018 with a share of around 35% to 38%. The growing demand for organic and virgin olive oil, the rising number of organized retailing outlets, and increasing imports and exports are the factors driving the growth of the olive oil market in this region.  Foodservice application was the leading type segment in 2018 and is estimated at a CAGR of around 2% to 3% in the global olive oil market during the forecast period. Growing usage of olive oils in preparing a variety of foods such as deep frying, salad dressing to lower the cholesterol levels in the body, which will propel the growth of the market in food services. Cooking food using olive oil will protect people from heart diseases, lower lipoprotein cholesterol levels, and reduce risks in diabetes patients. These aforementioned benefits of olive oil in the health sector will enhance the growth of the olive oil market.

Olive Oil Market Trends

•    Packaging innovations in olive oil – this edible oil packaging and aerosol packaging provide the reduction of oxygen in the packaging headspace and light exposure are key factors in lowering lipid oxidation and off-flavor development, thus keeps quality.

•    Ultrasound is one of the main emerging technology widely used to enhance oil extraction. This method induces to release oil easily from vacuoles with a considerably lower malaxation time, higher oil quality, and yield.

Olive Oil Market: Competitive Landscape

Some of the key companies identified in the report that are currently holding majority shares in the global olive oil market are Lamasia, Sovena Group, Gallo, Grup Pons, Maeva Group, Ybarra, Jaencoop, Deoleo, Carbonell, Hojiblanca, and  Mueloliva.

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What can you expect from the report?

The Olive Oil Market is Prepared with the Main Agenda to Cover the following 20 points:

1. Olive Oil Market Size by Product Categories & Application        

2. Olive Oil Market trends & Relevant Market Data

3. Manufacturer Landscape                                  

4. Distributor Landscape                                   

5. Pricing Analysis                                        

6. Top 10 End-user Analysis                               

7. Product Benchmarking                                   

8. Product Developments                                   

9. Mergers & Acquisition Analysis                           

10. Patent Analysis

11. Olive Oil Market Demand Analysis (Revenue & Volume)

12. Country-level Analysis

13. Competitor Analysis

14. Olive Oil Market  Shares Analysis

15. Value Chain Analysis

16. Supply Chain Analysis

17. Olive Oil Market Strategic Analysis

18. Olive Oil Market Current & Future Market Landscape Analysis

19. Opportunity Analysis

20. Olive Oil Market Revenue and Volume Analysis


Frequently Asked Questions:

Q. Does Industry ARC provide customized reports and charge additionally for limited customization?

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1. Increase the level of data in the application or end-user industry.

2. Increase the number of countries in geography chapter.

3. Find out market shares for other smaller companies or companies which are of interest to you.

4. Company profiles can be requested based on your interest.

5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end-use segment.

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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation &Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.

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