Olive Market Outlook
According to a new report by Expert Market Research titled, “Global Olive Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global olive market size reached a volume of 3.63 MMT in 2023. Aided by the increasing consumer awareness of the health benefits of olives, growing demand for Mediterranean cuisine, and expanding applications of olive-derived products in various industrial sectors, the market is projected to further grow at a CAGR of 4.30% between 2024 and 2032 to reach a volume of 5.31 MMT by 2032.
Olive, scientifically known as Olea europaea, is a small, oval-shaped fruit harvested from the olive tree, a species native to the Mediterranean region but cultivated in various parts of the world with suitable climates. The olive fruit is typically green when unripe and gradually turns darker shades of purple or black as it ripens, although some varieties may remain green even when fully ripe.
Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/olive-market/requestsample
As per the olive market analysis, olives are renowned for their numerous health benefits, including their high content of monounsaturated fats, antioxidants, vitamins, and minerals. Consuming olives and olive oil has been associated with various health benefits, including reduced risk of heart disease, improved cholesterol levels, and enhanced cognitive function. As consumers become more health-conscious and seek out natural, nutrient-rich foods, the demand for olives and olive-based products as part of a balanced diet is on the rise, driving market growth across segments.
As per the olive market outlook, Mediterranean cuisine, characterised by its emphasis on fresh, wholesome ingredients such as olives, olive oil, fruits, vegetables, and seafood, has gained popularity worldwide due to its delicious flavours and perceived health benefits. Olives are a key ingredient in Mediterranean dishes such as salads, pasta, pizzas, tapenades, and mezze platters, contributing to their distinct taste and nutritional profile. As consumer preferences shift towards healthier, flavourful cuisines, the demand for olives and Mediterranean-inspired foods continues to grow, fostering market expansion and innovation.
Olives and olive-derived products are used in a wide range of food and beverage applications, including table olives, olive oil, olive paste, olive tapenade, and olive-based spreads and dips which fuel the olive market growth. Table olives are consumed as snacks, appetisers, and accompaniments to meals, while olive oil serves as a versatile cooking ingredient, salad dressing, and condiment. Additionally, olives are used in the production of speciality foods such as olive bread, olive cheese, and olive-stuffed pastries, catering to diverse culinary preferences and dietary requirements.
Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/olive-market
Olive oil, extracted from olives through mechanical or chemical processes, is one of the most widely consumed vegetable oils globally, prized for its flavour, nutritional value, and culinary versatility. Extra virgin olive oil, in particular, is highly valued for its superior quality, low acidity, and rich taste profile, making it a preferred choice for cooking, dressing salads, and drizzling over dishes. The olive market is experiencing robust growth, driven by increasing consumption, expanding distribution channels, and growing recognition of the health benefits of olive oil, including its anti-inflammatory and antioxidant properties.
Sustainability and environmental stewardship are increasingly important considerations in olive cultivation and production. Sustainable farming practices, such as organic farming, integrated pest management, and water conservation techniques, are being adopted by olive growers to minimise environmental impact, preserve biodiversity, and promote soil health which can propel the olive market expansion. Furthermore, initiatives promoting fair trade practices, ethical sourcing, and traceability in the olive supply chain are gaining traction, ensuring transparency and accountability in production processes. Consumers are increasingly seeking out products with sustainability certifications and eco-friendly packaging, driving demand for responsibly sourced olives and olive-derived products.
The Mediterranean region, including countries such as Spain, Italy, Greece, Turkey, and Tunisia, occupies a significant olive market share, accounting for the majority of olive production and exports. These countries have a long history of olive cultivation and are renowned for their high-quality olives and olive oil. However, olive cultivation is also expanding in regions such as California, Australia, South America, and South Africa, driven by favourable climatic conditions, investment in irrigation infrastructure, and growing demand for locally sourced olives and olive products.
Olive Market Segmentation
The market can be divided based on product, type, end use, and region.
Market Breakup by Product
- Raw Olive
- Preserved
- Olive Oil
- Others
Market Breakup by Type
- Green
- Black
Market Breakup by End Use
- Food and Beverage
- Pharmaceutical
- Cosmetics and Personal Care
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global olive market. Some of the major players explored in the report by Expert Market Research are as follows:
- DEOLEO S.A
- Sovena Group
- Conagra Brands, Inc.
- Del Monte Foods, Inc
- AGROSEVILLA
- California Olive Ranch, Inc.
- Oleificio Zucchi S.P.A.
- Pompeian, Inc
- Bell-Carter Foods, LLC
- Salov S.p.A.
- Others
Read More Reports:
About Us:
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.
Don’t miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.
Media Contact:
Company Name: Claight Corporation
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
Aus Site: https://www.expertmarketresearch.com.au/
