Olive Oil Market Insights, Leading Key Players And Top Factors Driving 2017 – 2022

Once known only to the regions bordering the Mediterranean Sea, the fame and virtues of olive oil have spread far and wide, giving rise to a global market for olive oil products. The first thought that comes to one’s mind is usually immense health benefits of olive oil when used as a cooking oil, but one also can’t ignore the rising applications of olive oil in industries as varied as pharmaceuticals and cosmetics. While Europe might be the largest region largely due to its long heritage in the olive oil market, the fast-growing APEJ region is anticipated to become a driving force in the olive oil market in the long term.

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According to the report published by Fact.MR, the global market for olive oil is expected to grow at moderate CAGR, raking revenues worth over US$ 11 Bn by the end of 2022. A few of the projections from Fact.MR’s report on the global olive oil market have been highlighted below to give you an understanding of the current as well as future growth opportunities –

  • The processed segment dominates the olive oil market by product type and it is anticipated to remain so for the foreseeable future. With a revenue share approaching three fourth of the olive oil market, it wouldn’t be surprising if key players decided to focus their attention exclusively on this product type. Europe accounts for the largest regional contribution of approx. 1/3rd which works out to just over US$ 2.4 billion in 2022.
  • The virgin segment of the olive oil market is much smaller than its processor brethren and it occupies the remaining portion of the olive oil market by product type. Along with Europe, major companies involved in the olive oil market could seek to target the APEJ region as it is just slightly smaller than Europe in terms of revenue contribution with a value almost touching US$ 700 million in 2017 itself.
  • The food processor segment occupies a comparative niche in the olive oil market with a revenue share just approaching a quarter in terms of end user segment. A moderate CAGR for the period 2017-2022 means that this segment needs a customized approach to be truly successful in. Europe is on track to record the highest CAGR for the period which should help it be worth just under a billion dollars by end of 2022.
  • The E-commerce boom is expected to bring about sweeping changes across diverse industries in the near future and the olive oil market should be no different. As Internet connectivity improves in emerging markets and the cost of data-centric smartphones plummets, consumers will certainly seek to purchase olive oil from the comfort of their homes. A revenue share of just over a fifth is hardly indicative of the immense potential this distribution channel of the olive oil market holds in the long term.
  • The Mediterranean Basin is the original home of the olive tree and therefore it isn’t surprising that Europe is the largest regional contributor in the olive oil market. A market value pushing past US$ 3 billion at the end of the forecast period promises ample opportunities for all players. Within this region, companies might look at targeting the processed segment as it is poised to record a steady CAGR according to this five-year study.
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Global Olive Oil Market Analysis and Forecast By Product Type 
Global Olive Oil Market Size and Forecast By Product Type, 2012-2022
Processed Olive Oil Market Size and Forecast, 2012-2022
Revenue (US$ Mn) Comparison, By Region
Market Share Comparison, By Region
Y-o-Y growth Comparison, By Region
Virgin Olive Oil Market Size and Forecast, 2012-2022
Revenue (US$ Mn) Comparison, By Region
Market Share Comparison, By Region
Y-o-Y growth Comparison, By Region

 Global Olive Oil Market Analysis and Forecast By End User 
Global Olive Oil Market Size and Forecast By End User, 2012-2022
Foodservice Olive Oil Market Size and Forecast, 2012-2022
Revenue (US$ Mn) Comparison, By Region
Market Share Comparison, By Region
Y-o-Y growth Comparison, By Region
Food Processor Olive Oil Market Size and Forecast, 2012-2022
Revenue (US$ Mn) Comparison, By Region
Market Share Comparison, By Region
Y-o-Y growth Comparison, By Region
Retail  Olive Oil Market Size and Forecast, 2012-2022
Revenue (US$ Mn) Comparison, By Region
Market Share Comparison, By Region
Y-o-Y growth Comparison, By Region

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After reading the  Olive Oil Marketreport, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the growth of the global .
  • Analyze key regions holding significant share of the total Olive Oil Marketrevenue.
  • Study the growth outlook of the global Olive Oil Marketscenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use on the Olive Oil Marketgrowth.
  • Investigate the recent R&D projects performed by each Olive Oil Marketplayer.

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