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Olive Market

Global Olive Market Size, Share, Growth, Analysis, Forecast: By Product: Raw Olive, Preserved, Olive Oil, Others; By Type: Green, Black; By End Use: Food and Beverage, Pharmaceutical, Cosmetics and Personal Care, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Olive Market Outlook

The global olive market size reached a volume of approximately 3.63 MMT in 2023. The market is projected to grow at a CAGR of 4.30% between 2024 and 2032 to attain a value of around 5.31 MMT by 2032.

 

Olives refer to small fruits that grow on olive trees. They are rich in vitamins, fibres, iron, calcium, copper, and monounsaturated fatty acids, among others. Olives are known to improve bone health, promote heart health, and prevent the onset of cancers. Certain compounds in olives, like oleocanthal, possess anti-inflammatory properties.

 

Olives are a staple in Mediterranean cuisine, enjoyed on their own (often as a part of antipasti), in salads, pizzas, and many other dishes. One of the most important uses of olives is in the production of olive oil, a key ingredient in cooking, especially in Mediterranean diets.

 

Olives are a source of monounsaturated fats, particularly oleic acid, which is known for its health benefits. They contain various vitamins and minerals, including vitamin E, iron, copper, and calcium. Olives are rich in antioxidants, which can help reduce oxidative stress and inflammation in the body.

 

Global Olive Market

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Key Trends in the Market

Heightened health consciousness, growing use in the food service and processing sectors, and the rise of online sales channels.

Some of the key olive market trends include the surging health consciousness, the rising demand for the product in the food service and food processing sectors, and the increasing sales of olives from online channels.

 

There is a growing awareness of the health benefits associated with olives and olive oil, such as heart health, anti-inflammatory properties, and antioxidant content. As consumers increasingly seek healthier food options, olives are becoming a popular choice due to their nutrient profile, which includes healthy fats and essential vitamins.

 

Olives are versatile ingredients used in a variety of culinary applications, from appetisers and salads to main dishes. Their unique flavour enhances many recipes. The rise of online shopping has further made olives more accessible to consumers worldwide. Speciality food items, including various types of olives not commonly found in local stores, are now just a click away.

 

The burgeoning popularity of olive oil in the food sector

One of the major drivers of the olive market growth is the growing interest in the consumption of olive oil amid the rising awareness regarding its health benefits. This is enhancing the appeal of dishes using olive oil, and the development of flavoured olive oils infused with aromatic ingredients.

 

Olive oil, especially extra-virgin olive oil, is rich in monounsaturated fats, antioxidants, and anti-inflammatory compounds, which have been linked to various health benefits, including heart health, cholesterol level management, and potentially reduced risk of certain chronic diseases.

 

The introduction of flavoured olive oils is part of a broader trend in culinary innovation. By infusing olive oil with herbs, spices, citrus, and other flavours, producers are expanding its use in cooking. Flavoured olive oils often fall into the gourmet product category. They are increasingly sought after by food enthusiasts, chefs, and home cooks looking for high-quality, artisanal ingredients.

 

Surge in popularity of Mediterranean dishes, including Spanish, French, and Italian cuisines

The popularity of Mediterranean dishes, including Spanish, French, and Italian cuisines has soared globally, and they are known to offer various health benefits and reduce the risk of diseases like diabetes and neurogenerative issues. Moreover, various European countries are promoting Mediterranean foods, which is likely to drive the usage of olives in the coming years.

 

Olives and olive oil are staple ingredients in Mediterranean cuisine. As the global appetite for authentic Mediterranean dishes grows, so does the demand for olives, both for cooking and as table olives. Olives are versatile and used in a variety of Mediterranean dishes - from Italian pasta and pizzas to Spanish tapas and French salads. This versatility has played a major role in boosting their popularity.

 

The globalisation of food culture, facilitated by travel, media, and the internet, has introduced a broader audience to Mediterranean cuisines. As people become more adventurous with their eating habits, they seek out authentic ingredients like olives.

 

Environmental consciousness and sustainable agriculture

With the rising environmental consciousness and the introduction of favourable government initiatives aimed at making food healthier and more environmentally friendly, the demand for sustainably sourced olives is expected to grow.

 

The demand for organic olives and olive oil, produced without the use of synthetic pesticides or fertilisers, is growing as part of the broader organic food movement. Olives are typically grown in Mediterranean climates, which are suited to their cultivation without the need for excessive water or other resources, making their carbon footprint relatively low compared to more resource-intensive crops.

 

Many governments actively promote healthier eating habits through campaigns and educational programs, often highlighting the benefits of diets rich in plant-based foods and healthy fats, like those found in olives. In some regions, governments provide subsidies and support for sustainable olive farming, which can increase the production and availability of olives.

 

Global Olive Market Segmentation

Based on product, the market is segmented into raw olive, preserved, and olive oil, among others. On the basis of type, the market can be bifurcated into green and black olives. By end use, the market is classified into food and beverage, pharmaceutical, and cosmetics and personal care, among others. The major regional markets of olive are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Olive Market

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global olive market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

 

  • DEOLEO S.A
  • Sovena Group
  • Conagra Brands, Inc.
  • Del Monte Foods, Inc
  • AGROSEVILLA    
  • California Olive Ranch, Inc.
  • Oleificio Zucchi S.P.A.
  • Pompeian, Inc
  • Bell-Carter Foods, LLC 
  • Salov S.p.A.
  • Others

 

Global Olive Market Analysis

Increasing applications of olive oil in various industries including food and beverages and cosmetics

There is a surge in the consumption of olive oil due to its versatile use in sectors ranging from food and beverage and cosmetics and personal care to pharmaceuticals, thereby contributing to the overall olive market demand. Olive oil offers a plethora of health benefits, and it is known to reduce the risk of depression, cardiovascular issues, cancer, Alzheimer's disease, and inflammatory bowel disease (IBD), among others, which has enhanced its appeal among consumers.

 

Manufacturers are offering olive oil in lightweight, transportable, and sustainable packaging and on online retail channels to enhance the customer accessibility of high-quality products. Meanwhile, preserved olives are canned or bottled in water or brine solution, and they are typically used in the food service and household sectors.

 

Global Olive Market

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Europe holds the dominant share, owing to the rising health awareness

Europe holds a significant portion of the olive market share, due to the high awareness regarding the health benefits of olive oil and other olive-based products in the region. In the food processing and food service sectors, olives are regarded as one of the most used ingredients in Mediterranean dishes (including Italian and Spanish food) and fast food.

 

Innovations like snack olives with diverse flavours, the development of self-service olive bars, the favourable government measures aimed at driving the production of high-quality olives with added benefits, and the increasing focus on enhancing the use of sustainably sourced olives are anticipated to benefit the market in Europe in the coming years.

 

Known for its health benefits, the Mediterranean diet, which emphasises the consumption of olive oil, fruits, vegetables, and lean proteins, is widely promoted and followed in Europe. The diet’s association with reduced risks of heart disease and other chronic conditions boosts olive consumption.

 

North America and the Asia Pacific to witness significant growth, due to the growing popularity of Mediterranean dishes.

Meanwhile, North America and the Asia Pacific are anticipated to witness healthy growth in upcoming years owing to the growing demand for olives in food products, the rising popularity of French, Spanish, and Italian dishes, and the increasing trend of healthy snacking.

 

Increased marketing efforts by olive-producing countries and brands to penetrate the Asia-Pacific market have raised awareness and availability of these products. The diverse cultural landscape, including significant Mediterranean and Hispanic populations in the North American region, contributes to the demand for traditional foods and ingredients like olives.

 

Competitive Landscape

DEOLEO S.A is a major olive oil manufacturer, headquartered in Spain. It sources its products from Greece, Spain, Peru, Portugal, Italy, and Argentina. It creates blends that provide the same sensory experience as single-source olive oils. The company aims to enhance the sustainability of olive oil production and supply and deliver premium quality products to customers across the globe.

 

Conagra Brands, Inc. is a Chicago-based food corporation that offers packaged food products to customers. Some of its most iconic brands include Duncan Hines®, Reddi-wip®, and Birds Eye®, among others. The company aims to meet the evolving demand for food service and retail sectors by introducing value-added products.

 

Del Monte Foods, Inc is an integrated food solutions company that offers high-quality products to customers. The company aims to provide high-quality vegetables and fruits to support the health of customers. Its expansive portfolio is intended to make the consumption of better-for-you ingredients and food and beverage products easier and more accessible.

 

Other major players in the olive market include Sovena Group, AGROSEVILLA, California Olive Ranch, Inc., Oleificio Zucchi S.P.A., Pompeian, Inc, Bell-Carter Foods, LLC, and Salov S.p.A., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Type
  • End Use
Breakup by Product
  • Raw Olive
  • Preserved
  • Olive Oil 
  • Others
Breakup by Type
  • Green
  • Black
Breakup by End Use
  • Food and Beverage
  • Pharmaceutical
  • Cosmetics and Personal Care
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • DEOLEO S.A
  • Sovena Group
  • Conagra Brands, Inc.
  • Del Monte Foods, Inc
  • AGROSEVILLA    
  • California Olive Ranch, Inc.
  • Oleificio Zucchi S.P.A.
  • Pompeian, Inc
  • Bell-Carter Foods, LLC 
  • Salov S.p.A.
  • Others

 

Olive Market Report Snapshots

Olive Market Size

Olive Market Analysis

Olive Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface    
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Olive Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Olive Historical Market (2018-2023) 
    8.3    Global Olive Market Forecast (2024-2032)
    8.4    Global Olive Market by Product
        8.4.1    Raw Olive
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Preserved
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Olive Oil 
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Olive Market by Type
        8.5.1    Green
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Black 
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Olive Market by End Use
        8.6.1    Food and Beverage
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Pharmaceutical
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Cosmetics and Personal Care
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others
    8.7    Global Olive Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Olive Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Olive Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Greece
        10.5.1    Historical Trend (2018-2023) 
        10.5.2    Forecast Trend (2024-2032)
    10.6    Others
11    Asia Pacific Olive Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Olive Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Olive Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis  
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price  
15    Trade Data Analysis
    15.1    Major Exporting Countries 
        15.1.1    By Value
        15.1.2    By Volume
    15.2    Major Importing Countries 
        15.2.1    By Value
        15.2.2    By Volume
16    Price Analysis
17    Competitive Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    DEOLEO S.A
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Sovena Group
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Conagra Brands, Inc.
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Del Monte Foods, Inc
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    AGROSEVILLA    
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    California Olive Ranch, Inc.
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Oleificio Zucchi S.P.A.
            17.2.7.1    Company Overview
            17.2.7.2    Product Portfolio
            17.2.7.3    Demographic Reach and Achievements
            17.2.7.4    Certifications
        17.2.8    Pompeian, Inc
            17.2.8.1    Company Overview
            17.2.8.2    Product Portfolio
            17.2.8.3    Demographic Reach and Achievements
            17.2.8.4    Certifications
        17.2.9    Bell-Carter Foods, LLC 
            17.2.9.1    Company Overview
            17.2.9.2    Product Portfolio
            17.2.9.3    Demographic Reach and Achievements
            17.2.9.4    Certifications
        17.2.10    Salov S.p.A.
            17.2.10.1    Company Overview
            17.2.10.2    Product Portfolio
            17.2.10.3    Demographic Reach and Achievements
            17.2.10.4    Certifications 
        17.2.11    Others  
18    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Olive Market: Key Industry Highlights, 2018 and 2032 
2.    Global Olive Historical Market: Breakup by Product (MMT), 2018-2023
3.    Global Olive Market Forecast: Breakup by Product (MMT), 2024-2032
4.    Global Olive Historical Market: Breakup by Type (MMT), 2018-2023
5.    Global Olive Market Forecast: Breakup by Type (MMT), 2024-2032
6.    Global Olive Historical Market: Breakup by End Use (MMT), 2018-2023
7.    Global Olive Market Forecast: Breakup by End Use (MMT), 2024-2032
8.    Global Olive Historical Market: Breakup by Region (MMT), 2018-2023
9.    Global Olive Market Forecast: Breakup by Region (MMT), 2024-2032
10.    North America Olive Historical Market: Breakup by Country (MMT), 2018-2023
11.    North America Olive Market Forecast: Breakup by Country (MMT), 2024-2032
12.    Europe Olive Historical Market: Breakup by Country (MMT), 2018-2023
13.    Europe Olive Market Forecast: Breakup by Country (MMT), 2024-2032
14.    Asia Pacific Olive Historical Market: Breakup by Country (MMT), 2018-2023
15.    Asia Pacific Olive Market Forecast: Breakup by Country (MMT), 2024-2032
16.    Latin America Olive Historical Market: Breakup by Country (MMT), 2018-2023
17.    Latin America Olive Market Forecast: Breakup by Country (MMT), 2024-2032
18.    Middle East and Africa Olive Historical Market: Breakup by Country (MMT), 2018-2023
19.    Middle East and Africa Olive Market Forecast: Breakup by Country (MMT), 2024-2032
20.    Major Exporting Countries by Value
21.    Major Importing Countries by Value
22.    Major Exporting Countries by Volume
23.    Major Importing Countries by Volume
24.    Global Olive Market Structure

Key Questions Answered in the Report

In 2023, the market attained a volume of nearly 3.63 MMT.

The market is estimated to grow at a CAGR of 4.30% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about 5.31 MMT by 2032.

The rising popularity of Mediterranean food, the extensive demand for olives from the food processing and foodservice sectors, and the versatile use of olive oil are the major market drivers.

The key trends guiding the market include the increasing demand for organic olive products, the surging consumption of olive oil, and the trend of health and wellness.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Manufacturers market olives by raising the awareness regarding their health benefits and supporting the use of olives in popular fast foods like pizza.

The significant olive types in the market are green and black olives.

Food and beverage, pharmaceutical, and cosmetics and personal care, among others, are the several end uses of olives.

The major players in the market are DEOLEO S.A, Sovena Group, Conagra Brands, Inc., Del Monte Foods, Inc, AGROSEVILLA, California Olive Ranch, Inc., Oleificio Zucchi S.P.A., Pompeian, Inc, Bell-Carter Foods, LLC, and Salov S.p.A., among others.

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