Olive Oil Market New Business Opportunities and Investment Research Report by 2019-2027

Olive Oil Market New Business Opportunities and Investment Research Report by 2019-2027

Olive oil is extracted from olives and is considered as one of the healthy oil types, owing to its health benefits such as lowering of blood pressure. Olive oil is offered as extra virgin olive oil, virgin olive oil, and lampante olive oil according to the method of production and composition of fatty acids in the oil. For instance, virgin olive oil is the oil derived from the fruit of olive tree (Olea europaea L.) by mechanical extraction method such as by washing, decantation, centrifugation, and filtration.

Increasing awareness regarding health benefits offered by olive oil is expected to drive the market growth over the forecast period. Olive oil contains monounsaturated fatty acids, which are considered as healthy fats. Monounsaturated fatty acids reduce bad cholesterol that is low-density polysaccharides (LDL) and triglycerides. Therefore, olive oil is considered as an effective solution for patients of coronary heart disease.

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 2018, 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.

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

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Major Keyplayers: 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

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