The IMARC Group's latest research report, titled "Olive Oil Market Report by Type (Virgin Olive Oil, Refined Olive Oil, Extra Virgin Olive Oil, Olive Pomace Oil, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Stores, and Others), Application (Food and Beverage, Pharmaceuticals, Cosmetics, and Others), and Region 2025-2033," offers a comprehensive analysis of the olive oil market share. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

How Big is the Olive Oil Market?

The global olive oil market size was valued at USD 15.1 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 21.2 Billion by 2033, exhibiting a (CAGR) of 3.82% during 2025-2033.

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Global Olive Oil Market Dynamics:

Growing Health Consciousness:

The olive oil market is expanding market share due to a universal increase in the concern for healthier foods. More and more customers are looking to replace typical cooking oils with olive oil due to its advantages that are numerous. Olive oil has been considered a solution for quite some chronic diseases such as cognitive dysfunction and heart diseases, since it is rich in mono-saturated fats, antioxidants and exhibits an anti-inflammatory effect. This increasing awareness of the health benefits of Olive oil seems to be the most important reason for the increase demand of olive oil in the international markets.

Rise of Plant-Based Diets:

Another reason for the anticipated growth of the olive oil market is the increase of vegetarian and vegan diets. There is an increasing number of consumers that are starting up a plant-based lifestyle which entails looking for plant-based substitutes for different products, such as meat and dairy. Olive oil is a key ingredient in plant-based cooking as it replaces butter and other animal fats in many dishes. Therefore, given the shifting trends of people towards plant-based diets and foods, the demand for olive oil seems to be increasing over time.

Expanding Culinary Applications:

Further of the growing market for olive oil seems to be its wide range of usage. The therapeutic properties of olive oil are becoming more and more popular not only in the Mediterranean cuisine, but also in a variety of cuisines over the world. A growing number of salads, sauces, baked and fried dishes are made using olive oil. The increasing demand for olive oil is a result of this growing global culinary trend.

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Olive Oil Market Trends:

The olive oil market is evolving in a number of ways that are worth examining at this stage. Consumers are using olive oils of authentic nature, with a great interest in its geographical region of the raw materials and production methods adopted as well as different tastes. This has created an increasing market for extra virgin olive oil (EVOO) and single-sourced oils. Furthermore, the market is also experiencing an upward shift in olive oil consumption whereby consumers preferred to use high-end premium artisanal oils. Also, ethical consumption is affecting the market due to increased popularity of olive oil produced and sourced sustainably. In the future the market is likely to grow through the expansion of the product portfolio putting more emphasis on premiumization, sustainable practices and quality taste.

Olive Oil Market Report Segmentation:

Breakup By Type:

• Virgin Olive Oil
• Refined Olive Oil
• Extra Virgin Olive Oil
• Olive Pomace Oil
• Others

Virgin oil holds the leading market position due to its balance of quality and affordability, attracting health-conscious consumers. It maintains its nutritional value and flavor due to minimal processing, making it widely preferred for culinary use.

Breakup By Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Stores
• Others

Supermarkets and hypermarkets hold the leading market position as they offer convenience with extensive product availability, ensuring easy access for customers. They provide competitive pricing and promotional offers, drawing in a larger consumer base.

Breakup By Application:

• Food and Beverage
• Pharmaceuticals
• Cosmetics
• Others

Food and beverages hold the leading market position due to olive oil established usage in cooking and meal preparation. Its reputation as a healthy fat source has led to increased consumption in homes and restaurants.

Breakup By Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Europe holds the leading market position due to its extensive olive oil production, led by key countries like Spain, Italy, and Greece. High domestic consumption due to cultural preferences sustains its market leadership. The region's longstanding heritage of olive cultivation reinforces its position in the global market.

Top Olive Oil Market Leaders:

The Olive oil market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• Artajo Oil
• Borges International Group
• S.L.U.
• California Olive Ranch Inc.
• Cargill Incorporated
• Colavita SpA
• Conagra Brands Inc.
• Del Monte Foods Inc. (Del Monte Pacific Ltd.)
• Deoleo
• Domenico Manca S.p.a.
• EU Olive Oil Ltd.
• Gallo Worldwide
• Gruppo Salov
• Sovena Group

Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.

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