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Increasing applications of olive oil in various industries including food and beverages and cosmetics
There is a surge in the consumption of olive oil due to its versatile use in sectors ranging from food and beverage and cosmetics and personal care to pharmaceuticals, thereby contributing to the overall olive market demand. Olive oil offers a plethora of health benefits, and it is known to reduce the risk of depression, cardiovascular issues, cancer, Alzheimer's disease, and inflammatory bowel disease (IBD), among others, which has enhanced its appeal among consumers.
Manufacturers are offering olive oil in lightweight, transportable, and sustainable packaging and on online retail channels to enhance the customer accessibility of high-quality products. Meanwhile, preserved olives are canned or bottled in water or brine solution, and they are typically used in the food service and household sectors.
Europe holds the dominant share, owing to the rising health awareness
Europe holds a significant portion of the olive market share, due to the high awareness regarding the health benefits of olive oil and other olive-based products in the region. In the food processing and food service sectors, olives are regarded as one of the most used ingredients in Mediterranean dishes (including Italian and Spanish food) and fast food.
Innovations like snack olives with diverse flavours, the development of self-service olive bars, the favourable government measures aimed at driving the production of high-quality olives with added benefits, and the increasing focus on enhancing the use of sustainably sourced olives are anticipated to benefit the market in Europe in the coming years.
Known for its health benefits, the Mediterranean diet, which emphasises the consumption of olive oil, fruits, vegetables, and lean proteins, is widely promoted and followed in Europe. The diet’s association with reduced risks of heart disease and other chronic conditions boosts olive consumption.
North America and the Asia Pacific to witness significant growth, due to the growing popularity of Mediterranean dishes.
Meanwhile, North America and the Asia Pacific are anticipated to witness healthy growth in upcoming years owing to the growing demand for olives in food products, the rising popularity of French, Spanish, and Italian dishes, and the increasing trend of healthy snacking.
Increased marketing efforts by olive-producing countries and brands to penetrate the Asia-Pacific market have raised awareness and availability of these products. The diverse cultural landscape, including significant Mediterranean and Hispanic populations in the North American region, contributes to the demand for traditional foods and ingredients like olives.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Olive Market Analysis
8.1 Key Industry Highlights
8.2 Global Olive Historical Market (2018-2023)
8.3 Global Olive Market Forecast (2024-2032)
8.4 Global Olive Market by Product
8.4.1 Raw Olive
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Preserved
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Olive Oil
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Olive Market by Type
8.5.1 Green
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Black
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Olive Market by End Use
8.6.1 Food and Beverage
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Pharmaceutical
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Cosmetics and Personal Care
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Olive Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Olive Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Olive Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Greece
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Asia Pacific Olive Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Olive Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Olive Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 DEOLEO S.A
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Sovena Group
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Conagra Brands, Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Del Monte Foods, Inc
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 AGROSEVILLA
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 California Olive Ranch, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Oleificio Zucchi S.P.A.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Pompeian, Inc
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Bell-Carter Foods, LLC
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Salov S.p.A.
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Olive Market: Key Industry Highlights, 2018 and 2032
2. Global Olive Historical Market: Breakup by Product (MMT), 2018-2023
3. Global Olive Market Forecast: Breakup by Product (MMT), 2024-2032
4. Global Olive Historical Market: Breakup by Type (MMT), 2018-2023
5. Global Olive Market Forecast: Breakup by Type (MMT), 2024-2032
6. Global Olive Historical Market: Breakup by End Use (MMT), 2018-2023
7. Global Olive Market Forecast: Breakup by End Use (MMT), 2024-2032
8. Global Olive Historical Market: Breakup by Region (MMT), 2018-2023
9. Global Olive Market Forecast: Breakup by Region (MMT), 2024-2032
10. North America Olive Historical Market: Breakup by Country (MMT), 2018-2023
11. North America Olive Market Forecast: Breakup by Country (MMT), 2024-2032
12. Europe Olive Historical Market: Breakup by Country (MMT), 2018-2023
13. Europe Olive Market Forecast: Breakup by Country (MMT), 2024-2032
14. Asia Pacific Olive Historical Market: Breakup by Country (MMT), 2018-2023
15. Asia Pacific Olive Market Forecast: Breakup by Country (MMT), 2024-2032
16. Latin America Olive Historical Market: Breakup by Country (MMT), 2018-2023
17. Latin America Olive Market Forecast: Breakup by Country (MMT), 2024-2032
18. Middle East and Africa Olive Historical Market: Breakup by Country (MMT), 2018-2023
19. Middle East and Africa Olive Market Forecast: Breakup by Country (MMT), 2024-2032
20. Major Exporting Countries by Value
21. Major Importing Countries by Value
22. Major Exporting Countries by Volume
23. Major Importing Countries by Volume
24. Global Olive Market Structure
In 2023, the market attained a volume of nearly 3.63 MMT.
The market is estimated to grow at a CAGR of 4.30% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about 5.31 MMT by 2032.
The rising popularity of Mediterranean food, the extensive demand for olives from the food processing and foodservice sectors, and the versatile use of olive oil are the major market drivers.
The key trends guiding the market include the increasing demand for organic olive products, the surging consumption of olive oil, and the trend of health and wellness.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Manufacturers market olives by raising the awareness regarding their health benefits and supporting the use of olives in popular fast foods like pizza.
The significant olive types in the market are green and black olives.
Food and beverage, pharmaceutical, and cosmetics and personal care, among others, are the several end uses of olives.
The major players in the market are DEOLEO S.A, Sovena Group, Conagra Brands, Inc., Del Monte Foods, Inc, AGROSEVILLA, California Olive Ranch, Inc., Oleificio Zucchi S.P.A., Pompeian, Inc, Bell-Carter Foods, LLC, and Salov S.p.A., among others.
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