Title: Olive Oil Market Size, Share & Growth | Global Report [2027]
Headings: Olive Oil Market Size, Share & COVID-19 Impact Analysis, By Type (Refined Olive Oil, Virgin Olive Oil, Olive Pomace Oil, and Others), End-user (Household/Retail, Food Service/HoReCa, Food Manufacturing, and Others), and Regional Forecast, 2020 – 2027
Olive Oil Market Size, Share & COVID-19 Impact Analysis, By Type (Refined Olive Oil, Virgin Olive Oil, Olive Pomace Oil, and Others), End-user (Household/Retail, Food Service/HoReCa, Food Manufacturing, and Others), and Regional Forecast, 2020 – 2027
KEY MARKET INSIGHTS
Disruption in Olive Oil Supply Chain during COVID-19 Pandemic to Impede Growth
LATEST TRENDS
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Incorporation of Nutrient-rich Oils in Diet to Reduce the Risk of Certain Health Conditions
DRIVING FACTORS
RESTRAINING FACTORS
SEGMENTATION
By Type
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By End-User
REGIONAL INSIGHTS
Europe Olive Oil Market Size, 2019 (USD Billion)
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KEY INDUSTRY PLAYERS
LIST OF KEY COMPANIES PROFILED:
KEY INDUSTRY DEVELOPMENTS:
REPORT COVERAGE
An Infographic Representation of Olive Oil Market
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Report Scope & Segmentation:
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Content: A variety of cuisines such as Greek, Italian, and Spanish utilize olive fruit oil as an integral part of food preparation. The increasing travel, tourism, and growing interest in trying various exotic preparations support the growth of the market across the world. Growing Popularity of Raw, Cold-pressed & Artisanal Edible Oils to Propel Market Growth
One of the major factors supporting the growth of the market is the growing interest in natural, raw, and cold-pressed oils attributed to their safer and healthier counterparts. Vegetable oils sold under such claims are perceived to be healthier as they are free from any chemicals as well as retain their complete nutritive value. Consumers are more inclined towards buying virgin & extra-virgin olive oil owing to their minimal processing and stable fatty acid profile. The clean flavor and unaltered organoleptic properties of cold-pressed, virgin oils further fuel their demand in the market. Furthermore, the rising concerns related to environmental sustainability are projected to drive the demand for natural, minimally processed olive fruit oils in the forthcoming years. RESTRAINING FACTORS
Availability of Low-cost Replacement Oils to Restrain Market Growth
The high cost of olive fruit oil has led consumers to seek low-cost replacement oils with similar health attributes as that of olive fruit oil. Sunflower oil, canola oil, and coconut oil are gaining popularity among consumers attributed to their high content of essential fatty acids. Manufacturers are investing in advanced technologies that retain essential nutrients in a better way during the processing of these oils.