Olive Olive Derivatives Market

Olive & Olive Derivatives Market Size

The global olive & olive derivatives market was valued at USD 20.1 billion in 2024 and is estimated to grow at a CAGR of over 2.9 % from 2025 to 2034. The global market for olives and its derivatives includes olives, olive oil, and its other by-products for food, cosmetics and pharmaceuticals. Apart from other useful applications, Olives and its products have nutritional and other beneficial antioxidant properties.

One of the key market growth factors is the increasing use of olive oil in food processing. People have become more health conscious and try to avoid foods that contain unnatural ingredients. Simply described, olive oil is a common flavoring, deep frying, and cooking oil because of healthy fats, vitamins, and antioxidants. More olive oil is being utilized in sauces, dressings, and other ready-to-eat meals by food processors and manufacturers. During the same time, there is also great consumption of cosmetics and personal care products that are made with olive oil because of sustainable appeal. Since olive oil has properties that nourish the skin by moisturizing and protecting it, it is used in a lot of skincare formulations.

Likewise, consumers now understand the health advantages derived from eating olives, like heart improvement and inflammation reduction, and this understanding boosts market demand. The increased awareness raises consumption not only of olive oil but also of olive oil-based dietary supplements and health products. This combined requirement by the Edible, cosmetics, and health industries facilitates growth, branding olives and their products as indispensable elements of health trends.

Olive & Olive Derivatives Market Trends

Increased concern for natural raw materials is altering the market for olives and their by-products. Primarily, olive oil is becoming more popular among Americans because of its high monounsaturated fats that lower the chances of getting heart diseases. It is also more in demand as compared to traditional cooking oils because the average person is becoming more health conscious.

Olive oil also has a wide range of applications in personal care and cosmetic products. It is used in anti-aging skin care products like soaps, lotions, and even shampoos because of its famous moisturizing and antioxidant properties. This confirms the growing trend of clean beauty where customers are looking for more natural, and sustainable products. There has been strides in the technology used in oil production, while the aim has been to expand the market, it has also been to increase the quality of the yield.

Such innovations enable producers to manage resources more efficiently, resulting in reduced expenses while producing better quality oil. Thus, issues of accessibility and costs of premium oils are improved, and more customers can be served. Thus, olive oils are in high demand with increased market growth and diversification of target markets. This demonstrates the contribution of olive oils in feeding as well as beautifying people.

Olive & Olive Derivatives Market Analysis

Consumers are now more conscious of health and wellness, which has propelled demand for olive products. A larger section of the consumers considers olives and olive oil as good choices for the heart due to their healthy fats and antioxidants. In addition, the shift toward adopting Mediterranean and plant-based diets has intensified the consumption of olives and olive oil which form the base of these diets.

Emerging economies have higher disposable income, which means increased spending on premium olive products. In addition to that, the market of olive derivatives has expanded to cosmetics and pharmaceuticals because of the antioxidant and moisturizing properties they naturally possess.

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The olive and olive derivatives market from type segment is divided into three main segments which includes virgin olive oil, refined olive oil, and olive pomace oil. The virgin olive oil segment was the most lucrative in 2024 and generated around USD 13.2 billion. Olive oil is the most sought-after oil and is acknowledged for its excellent virgin quality.  Extra virgin olive oil makes up a large part of the market in this segment because there is an increasing consumer shift towards high quality authentic olive oil.

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This packaging type segment includes glass bottles, canes, plastic bottles, and bulk containers. In 2024, glass bottles held 62.6% of the olive and olive oil products market share, packaged in glass bottles.  

For end-use, the household segment of the olive and olive derivatives market is forecasted to grow by 3.3% till 2034. This growth is due to the increased usage of olive oil and increased consumption of table olives for cooking. Generally, olive oil is bought and used for cooking, dressings, and for dipping, so the segment is always in demand. Furthermore, the health benefits of the oil combined with its growing DIY appeal makes it more popular in households. 

During the forecast period, Hotel Coffee Shops & Restaurants have higher opportunities as this segment is expected to grow the most in the Olive & olive derivatives market. These outlets provide the general market access to many olive and olive related products with a lot of convenience. These shops have enormous shelf space, and a variety of types and brands so they have become most of the buyers’ choices.

Gourmet stores as well as olive oil shops aim at certain market segments which appreciate specially crafted olive products. While the market share of these stores may be lower than what supermarkets have, they still offer selected products and advice from individuals who have a passion for their work, which is a marketability bonus for buyers with a discerning taste.

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The U.S. olive & olive derivatives market was estimated at USD 4.1 billion in 2024, because of an increase in people following the mediterranean diet and being health conscious. The demand for olive oil is also growing in the cooking and beauty and wellness industry because of its monounsaturated fat content. There is now a wider use of olive derivatives in the beauty industry as it shifts towards natural and organic ingredients for their nourishing properties.

U.S. is the leading country in olive industry in North America because of its well-developed food and cosmetics industries. There is a strong network of supply and distribution which ensures the continuous demand for quality olive oil and olive oil extracts for cosmetics. Over time, Canada and Mexico are also picking up on the health fads, and olive products are gradually making their way into those markets. This makes the region important for the market development of olive products.

Olive & Olive Derivatives Market Share

These companies are expanding their market presence through strategic partnerships and the launch and commercialization of new products. Additionally, they are making significant investments in research, enabling them to introduce innovative products and maximize revenue.

Deoleo, a Spanish multinational company, specializes in producing, distributing, and selling olive oil and related products. With well-known brands like Bertolli, Carbonell, and Carapelli, Deoleo operates in more than 50 countries. The company's production capacity exceeds 300,000 tons annually, supported by a network of over 100 olive oil mills across Spain, Italy, Greece, and Portugal.

Olive & Olive Derivatives Market Companies

Major players operating in the olive & olive derivatives  industry are:

• Acesur Group
• Agrosevilla
• Borges Organic Olive Oil Company
• Conagra Brands
• Deoleo
• Filippo Berio
• Gaia Good Health
• Martelli
• Monini
• Pompeian
• Ybarra Group 
  

Olive & Olive Derivatives Industry News

• In August 2023, CNN reported that extreme temperatures are taking a toll on the olive oil industry in Southern Europe's Mediterranean region. Spain, Italy, and Greece, historically leading producers of olive oil, are feeling the brunt of these challenges. After facing a lackluster olive harvest last year, Europe is now wary of another potential dip in production this year.
  
• In April 2022, Borges renewed the Environmental Product Declaration for its Extra Virgin Olive Oil, achieving a 35% reduction in carbon footprint through renewable energy use and recycled packaging, in line with ISO 14025 standards.
  

The olive & olive derivatives market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Billion) & volume (Kilo Tons) from 2021 to 2034, for the following segments:

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Market, By Type

• Virgin olive oil
• Refined olive oil
• Olive pomace oil

Market, By Packaging Type

• Glass bottles
• Plastic bottles
• Cans
• Bulk containers

Market, By End Use

• Households
• Foodservice / HoReCa
• Food manufacturing

Market, By Distribution Channel

• Supermarkets / hypermarkets
• Specialty stores
• Online retail
• Other

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa