North America Olive Oil Market Size, Share & Trends Analysis Report By Type (Virgin, Refined, Extra Virgin and Others), By Application, By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

North America Olive Oil Market Size, Share & Trends Analysis Report By Type (Virgin, Refined, Extra Virgin and Others), By Application, By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

The North America Olive Oil Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 258.4 Kilo Tonnes, showcasing a growth of 5.2% (2019-2022).

The market, deeply rooted in ancient civilizations and Mediterranean traditions, has evolved into an industry shaped by a complex interplay of factors. From its humble origins as a staple in Mediterranean cuisine to becoming a coveted ingredient across many regions, this oil has witnessed a remarkable journey. Sustainability considerations and organic farming practices increasingly influence modern adoption trends.

Moreover, innovative applications extend to the beauty and wellness industry, where this oil is embraced for its moisturizing and skin-nourishing properties. Olive oil-based skincare products, hair treatments, and spa therapies have gained popularity, contributing to a holistic approach to health and beauty. This oil's emollient properties make it a perfect candidate for skincare. Rich in healthy fats and antioxidants, it deeply moisturizes the skin, enhancing hydration levels and promoting a supple complexion.

The evolving culinary landscape in the United States, influenced by a desire for diverse and authentic flavors, has led to an increased incorporation of this oil in various dishes. Moreover, Canadian consumers have increasingly preferred natural and organic cosmetic products. This oil, well-known for its nourishing and moisturizing qualities, works nicely with the current trend toward using plant-based ingredients. Therefore, the rising food, beverage, and cosmetics sectors in North America will assist in the expansion of the regional market.

The US market dominated the North America Olive Oil Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,639.1 Million by 2030. The Canada market is experiencing a CAGR of 7.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.1% during (2023 - 2030).

Based on Type, the market is segmented into Virgin, Refined, Extra Virgin and Others. Based on Application, the market is segmented into Food and Beverage, Personal Care & Cosmetics, Pharmaceuticals, and Others. Based on Distribution Channel, the market is segmented into Hypermarkets/Supermarkets, Online and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Salov SpA (ShangHai Yimin No.1 Foods (Group)Co., Ltd.)
• Cargill, Incorporated
• Del Monte Foods Private Limited (Del Monte Pacific Limited) (Bharti Enterprises)
• Conagra Brands, Inc.
• DEOLEO, S.A. (CVC Capital Partners SICAV-FIS S.A.)
• Modi Naturals Ltd.
• Sovena Group (Nutrinveste SGPS, SA)
• Pompeian, Inc.

North America Olive Oil Market Report Segmentation

By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Virgin
• Refined
• Extra Virgin
• Others

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Food and Beverage
• Personal Care & Cosmetics
• Pharmaceuticals
• Others

By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Hypermarkets/Supermarkets
• Online
• Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• US
• Canada
• Mexico
• Rest of North America