Olive Oil Market by Application and Geography - Forecast and Analysis 2021-2025

The olive oil market share is expected to increase by 862.83 thousand MT from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 4.73%.

This olive oil market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers olive oil market segmentation by application (culinary usage and other purpose) and geography (Europe, MEA, North America, APAC, and South America). The olive oil market report also offers information on several market vendors, including AVRIL SCA, Borges International Group SLU, Botticelli Foods, Bunge Ltd., California Olive Ranch, Cargill Inc., Deoleo SA, Grup Pons, Olivier Pacific Ltd., and Sovena Group among others.

What will the Olive Oil Market Size be During the Forecast Period?

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Olive Oil Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The health benefits of olive oil is notably driving the olive oil market growth, although factors such as distribution challenges may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the olive oil industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Olive Oil Market Driver

Olive oil is gluten-free, which makes it a healthy and tasty alternative to conventional edible oils. It is rich in oleic acid and antioxidants, and it helps in reducing inflammation and lowering the risk of chronic and heart diseases, respectively. Apart from these benefits, olive oil also helps in the treatment of rheumatoid arthritis and osteoporosis and prevents type 2 diabetes, stomach cancer, and stomach ulcers. With growing awareness about the health benefits associated with its consumption, the demand for olive oil will increase among consumers.

Key Olive Oil Market Trend

Innovations in the packaging of olive oil will be one of the key olive oil market trends. Olive oil companies are focusing on the development of innovative packaging formats to attract more customers. For instance, DEOLEO owned brand BERTOLLI is trying to increase its brand awareness by adopting a new packaging format in the form of an oval-shaped bottle representing the Piazza dell?Anfiteatro. Similarly, various other olive oil companies are adopting new innovative packaging techniques such as aerosol packaging and green-colored tin packaging formats. 

This olive oil market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Olive Oil Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• AVRIL SCA
• Borges International Group SLU
• Botticelli Foods
• Bunge Ltd.
• California Olive Ranch
• Cargill Inc.
• Deoleo SA
• Grup Pons
• Olivier Pacific Ltd.
• Sovena Group

This statistical study of the olive oil market encompasses successful business strategies deployed by the key vendors. The olive oil market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The olive oil market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Olive Oil Market?

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54% of the market's growth will originate from Europe during the forecast period. Spain, Italy, and Greece are the key markets for olive oil in Europe. Market growth in this region will be faster than the growth of the market in North America and South America.

The increasing imports and exports in the olive oil industry in Europe, the growing demand for organic and extra virgin olive oil among consumers, and the rising number of organized retailing outlets that offer olive oil will significantly influence the olive oil market growth in this region. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Olive Oil Market?

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The olive oil market share growth by the culinary usage segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the olive oil market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Olive Oil Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive olive oil market growth during the next five years
• Precise estimation of the olive oil market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the olive oil industry across Europe, MEA, North America, APAC, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of olive oil market vendors

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