Global Olive Oil Market Size & Outlook, 2023-2030

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 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 2023USD 23,176.0 million
Market revenue in 2030USD 33,118.7 million
Growth rate5.2% (CAGR from 2023 to 2030)
Largest segmentRefined
Fastest growing segmentVirgin
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRefined, 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 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

  • Our clientele includes a mix of olive oil market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 size, by regions, 2018-2030 (US$M)

Top 10 countries: Olive oil market size, 2023 (US$M)

Global olive oil market share, by type, 2023 & 2030 (%, US$M)

Olive oil market: Opportunity assessment by country

Global olive oil market, by region, 2023 (US$M)

Global olive oil market size, by regions, 2018-2030 (US$M)

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