Global Olive Oil Market Size & Outlook, 2023-2030
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 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,091.7 | 1,152.4 | 1,217.9 | 1,288.5 | 1,360.3 | 1,440.9 | 1,530.6 | 1,630.5 | 1,742.7 | 1,869.0 | 2,011.6 | 2,172.6 | 2,354.8 | 7.3% |
| Europe | 12,083.8 | 12,569.3 | 13,096.6 | 13,638.2 | 14,224.9 | 14,888.1 | 15,624.2 | 16,445.6 | 17,366.2 | 18,403.4 | 19,569.1 | 20,881.4 | 22,361.7 | 6.0% |
| Asia Pacific | 1,341.5 | 1,405.2 | 1,474.1 | 1,546.4 | 1,622.6 | 1,708.5 | 1,803.7 | 1,910.0 | 2,029.0 | 2,163.1 | 2,313.9 | 2,484.0 | 2,676.0 | 6.6% |
| Latin America | 808.5 | 814.3 | 821.1 | 830.9 | 835.1 | 842.3 | 851.9 | 864.2 | 879.6 | 898.2 | 920.5 | 946.7 | 977.0 | 2.1% |
| MEA | 4,191.3 | 4,208.4 | 4,229.6 | 4,230.7 | 4,258.9 | 4,296.2 | 4,339.2 | 4,388.6 | 4,445.3 | 4,510.5 | 4,582.9 | 4,662.6 | 4,749.2 | 1.4% |
| Overall | 19,516.8 | 20,149.6 | 20,839.3 | 21,534.7 | 22,301.8 | 23,176.0 | 24,149.6 | 25,238.9 | 26,462.8 | 27,844.2 | 29,398.0 | 31,147.3 | 33,118.7 | 5.2% |
Related regional statistics
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