Middle East & Africa Olive Oil Market Size & Outlook
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MEA olive oil market highlights
- The MEA olive oil market generated a revenue of USD 4,296.2 million in 2023.
- The market is expected to grow at a CAGR of 1.4% from 2024 to 2030.
- In terms of segment, refined was the largest revenue generating type in 2023.
- Virgin is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 4,296.2 million |
| Market revenue in 2030 | USD 4,749.2 million |
| Growth rate | 1.4% (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 |
| Key market players worldwide | Deoleo SA, Borges, Cargill, Conagra Brands Inc, Molinos Rio De La Plata SA Shs -B- 1 Vote, Sonova Holding AG, Bright Food (Group), Fresh Del Monte Produce Inc, Modi Naturals, Pompeian |
Other key industry trends
- In terms of revenue, MEA region accounted for 18.5% of the global olive oil market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 2,354.8 million by 2030.
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Olive Oil Market Scope
Olive Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Pompeian | View profile | 101-250 | Baltimore, Maryland, United States, North America | http://pompeian.com |
| Modi Naturals | View profile | 251-500 | New Delhi, Delhi, India, Asia | http://www.modinaturals.com/ |
| Bright Food (Group) | View profile | 11-50 | Shanghai, Shanghai, China, Asia | http://www.brightfood.com |
| Molinos Rio De La Plata SA Shs -B- 1 Vote | View profile | 3000 | Uruguay 4075, Victoria, Buenos Aires, Argentina, B1644HKG | https://www.molinos.com.ar |
| Deoleo SA | View profile | 657 | Carretera N-IV - KM 388, Alcolea, Cordoba, Spain | http://www.deoleo.com |
| Borges | View profile | 51-100 | Reus, Catalonia, Spain, Europe | http://www.borges.es |
| Fresh Del Monte Produce Inc | View profile | 38887 | c/o H&C Corporate Services Ltd, 87 Mary Street, 4th Floor, Apollo House, P.O. Box 698, George Town, Grand Cayman, Cayman Islands, KY1-1107 | https://www.freshdelmonte.com |
| Conagra Brands Inc | View profile | 18600 | 222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, United States, 60654 | https://www.conagrabrands.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Sonova Holding AG | View profile | 18151 | Laubisrutistrasse 28, Stafa, Switzerland, CH-8712 | https://www.sonova.com |
Middle East & Africa 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 31.82% in 2023. Horizon Databook has segmented the Middle East & Africa olive oil market based on refined, virgin, extra virgin covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa 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 continent-level data and insights on the Middle East & Africa olive oil market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa olive oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA olive oil market size, by country, 2018-2030 (US$M)
Middle East & Africa Olive Oil Market Outlook Share, 2023 & 2030 (US$M)
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