Global Olive Oil Market Size & Outlook
The olive oil industry worldwide is expected to reach a projected revenue of US$ 33,118.7 million by 2030. A compound annual growth rate of 5.2% is expected of the worldwide olive oil industry from 2024 to 2030.
Revenue, 2023 (US$M)
$23,176.0
Forecast, 2030 (US$M)
$33,118.7
CAGR, 2024 - 2030
5.2%
Report Coverage
Worldwide
Global olive oil market, 2018-2030 (US$M)
Related Markets
Global olive oil market highlights
- The global olive oil market generated a revenue of USD 23,176.0 million in 2023 and is expected to reach USD 33,118.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.2% by 2030.
- In terms of segment, refined accounted for a revenue of USD 7,234.6 million in 2023.
- Virgin is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 23,176.0 million |
| Market revenue in 2030 | USD 33,118.7 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Refined |
| Fastest growing segment | Virgin |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Refined, Virgin, Extra Virgin |
Other key industry trends
- In terms of revenue, the North America accounted for 6.2% of the global olive oil market in 2023.
- By country, the Spain is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 404.1 million by 2030.
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Olive Oil Market Scope
Olive oil market segmentation & scope
Olive Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global olive oil market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to olive oil market will help companies and investors design strategic landscapes.
refined was the largest segment with a revenue share of 31.22% in 2023. Horizon Databook has segmented the Global olive oil market based on refined, virgin, extra virgin covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Olive Oil Type Outlook (Revenue, USD Million, 2018-2030)
- Refined
- Virgin
- Extra Virgin
- Others
- Global Olive Oil Packaging Outlook (Revenue, USD Million, 2018-2030)
- Bottles
- Pouches
- Cans
- Global Olive Oil Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverage
- Personal Care and Cosmetics
- Pharmaceuticals
- Others
- Global Olive Oil Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Supermarkets & Hypermarkets
- Convenience Stores
- Online
- Others
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Target buyers of Global olive oil market databook
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Our clientele includes a mix of olive oil market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global olive oil market , including forecasts for subscribers. This global databook contains high-level insights into Global olive oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global olive oil market outlook statistics, by region, 2018-2030 (US$M)
Top 10 countries: Olive oil market size, 2023 (USD Million)
Top 10 countries: Olive oil market size, 2023 (USD Million)
Global olive oil market, by region, 2023 (US$M)
Related regional statistics
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