Olive Oil Market Report, by Product Type (Extra Virgin Oil, Virgin Oil, and Others (Pomace Olive Oil, Lampante Oil, etc.)), by Distribution Channel (Business-to-business (Food & Beverages, Pharmaceutical, and Beauty & Personal Care) and Business-to-consumer (Hypermarket & Supermarket, Grocery Stores, Online Channel, and Others)), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Olive oil has various health benefits such as presence of antioxidants and low level of saturated fats and therefore, is widely used for culinary applications. Moreover, olive oil is also used in personal care products, owing to its moisturizing effect. However, availability of alternatives is expected to restrain growth of the market. Other vegetable oils such as soy oil, palm oil, corn oil, and coconut oil are already available in the market, which is expected to pose a threat to growth of the global olive oil market. Moreover, olive oil production is limited to only certain geographic locations such as Europe and North America. Such factors are expected to pose a challenge to olive oil market growth.
Market Dynamics
Increasing demand for olive oil is attributed to rising awareness regarding health benefits of olive oil such as anti-cancer effects. This is expected to boost its consumption and in turn, drive the market growth. For instance, according to data released by International Olive Oil Council in November 2021, the U.S. olive oil consumption increased from 258 thousand tons in 2009-10 to 295 thousand tons in 2014-15. Moreover, according to data released by the U.S. Department of Agricultural, Economic Research Service, in March 2019, world olive oil production was 2.40 million metric tons in 2014-15, which increased to 3.26 million metric tons in 2017-18.
Moreover, olive oil industry waste is being considered as a potential raw material for production of bio-based fuels. Non-renewable energy sources such as crude oil are depleting at high rate. However, energy demand is increasing with rising population. Therefore, there is rising need for development of sustainable resources. For instance, according to a research paper, ‘Production of Biodiesel from an Olive Oil Industry Waste’ released at the RCN Conference on Pan American Biofuel and Bioenergy Sustainability in 2016, ‘Alperujo’ (blend of water, oil, cellulose, lignin, proteins, and carbohydrates) is a waste product obtained from the process of olive oil extraction. The byproduct can be successfully used as feedstock to obtain biodiesel.
Key features of the study:
This report provides in-depth analysis of global olive oil market and provides market size (US$ million & million tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global olive oil market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Cargill, Inc., SOVENA, DEOLEO, COLAVITAS.p.a., Olivezia, Stone Axe Estate, PORTTABLE Produtos Alimentares ,Lda., Castellodi Albola, Planeta, Empresa Esporão S.A., and Domaine De Marquiliani (Kermit Lynch Wine Merchant)
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
The global olive oil market report caters to various stakeholders in this industry including investors, suppliers, olive oil manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global olive oil market
Detailed Segmentation:
Global Olive Oil Market, By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
Global Olive Oil Market, By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Global Olive Oil Market, By Region:
North America
U.S.
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Canada
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Europe
U.K.
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Germany
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Italy
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
France
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Russia
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Rest of Europe
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Asia Pacific
China
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
India
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Japan
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
ASEAN
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Australia
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
South Korea
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Rest of Asia Pacific
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Latin America
Brazil
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Mexico
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Rest of Latin America
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Middle East
GCC
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Israel
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Rest of Middle East
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Africa
Northern Africa
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Central Africa
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
South Africa
By Product Type:
Extra Virgin Oil
Virgin Oil
Others (Pomace Olive Oil, Lampante Oil etc.)
By Distribution Channel:
Business-to-business
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Business-to-consumer
Grocery Stores
Online Channel
Others (Convenience Stores, etc.)
Company Profiles
Cargill Inc. *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
SOVENA
DEOLEO
COLAVITA S.p.a.
Olivezia
Stone Axe Estate
PORTTABLE Produtos Alimentares, Lda.
Castello di Albola
Planeta
Empresa Esporão S.A.
Domaine De Marquiliani (Kermit Lynch Wine Merchant)
“*” marked represents similar segmentation in other categories in the respective section.
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