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Olive & Olive Derivatives Market Size
The global olive & olive derivatives market size 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 their products includes olives, olive oil, and other by-products used in food, cosmetics, and pharmaceuticals. Olives and their products are valued for their nutrition, antioxidants, and many uses.
A major growth driver is the rising use of olive oil in food processing. As people become more health-conscious, they prefer foods with natural ingredients. Olive oil, known for its healthy fats, vitamins, and antioxidants, is a popular choice. Food processors and manufacturers are using more olive oil in sauces, dressings, and ready-to-eat meals. At the same time, there is growing demand for olive oil-based cosmetics and personal care products, driven by a preference for natural and sustainable beauty products. Olive oil's nourishing properties help keep skin hydrated and protected, making it a key ingredient in skincare products.
Report Attributes | Details |
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Base Year: | 2024 |
Market Size in 2024: | USD 20.1 Billion |
Forecast Period: | 2025 - 2034 |
Forecast Period 2025 - 2034 CAGR: | 2.9% |
2034 Value Projection: | USD 27 Billion |
Historical Data for: | 2021 - 2024 |
No. of Pages: | 310 |
Tables, Charts & Figures: | 240 |
Segments covered: | Type, Packaging Type, End-Use, Distribution Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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Additionally, more people are aware of the health benefits of eating olives, such as better heart health and reduced inflammation, which increases market demand. This awareness boosts not only olive oil consumption but also interest in olive-based supplements and health products. This interconnected demand across food, cosmetic, and health sectors drives growth, making olives and their products central to health-focused lifestyle trends.
Olive & Olive Derivatives Market Trends
The olive and olive derivatives industry is changing as consumers prefer healthier and natural ingredients. Olive oil, rich in monounsaturated fats, has become a popular cooking oil. These fats are linked to lower risks of heart disease, making olive oil a staple in everyday cooking. As people become more health-conscious, they see olive oil as a healthier option compared to traditional cooking oils, increasing its demand.
Olive oil is also widely used in cosmetics and personal care products. Known for its moisturizing and antioxidant properties, it is found in skincare items like soaps, lotions, and shampoos. This fits with the clean beauty trend, where consumers prefer natural and sustainable ingredients for their personal care routines.
Advancements in olive oil production technology are improving the market by increasing both yield and quality. These innovations help producers manage resources better, resulting in higher-quality olive oil at lower costs. This makes premium olive oils more accessible and affordable to a wider range of consumers, supporting market growth and reaching diverse demographic groups. These trends show olive oil's important role in both food and beauty industries.
Olive & Olive Derivatives Market Analysis
Global awareness of health and wellness has increased, boosting the demand for olive products. People see olives and olive oil as heart-healthy choices rich in good fats and antioxidants. Also, the popularity of Mediterranean and plant-based diets has led to more consumption of olives and olive oil, which are key to these diets.
In emerging economies, higher disposable incomes have made consumers more likely to buy premium olive products. Additionally, the use of olive derivatives in cosmetics and pharmaceuticals, due to their natural antioxidant and moisturizing properties, has expanded the market.
Based on type, the olive and olive derivatives market is segmented into virgin olive oil, refined olive oil and olive pomace oil. In 2024, the virgin olive oil segment led the market, generating around USD 13.2 billion. Virgin olive oil is known for its high quality and purity. This category includes extra virgin olive oil, which is the best quality and most popular type because of its great taste and health benefits. Extra virgin olive oil holds a large part of the market share in this segment, driven by consumer demand for genuine and high-quality products.
Refined olive oil, although not as highly valued for its flavor and health benefits as extra virgin olive oil, still has a significant share in the market. Refined olive oil is usually used in cooking and food processing because it has a higher smoke point and a neutral taste, making it suitable for many cooking purposes.
Based on packaging type, the market is segmented into glass bottles, plastic bottles, cans and bulk containers. In 2024, glass bottles dominated the olive & olive derivatives market, capturing 62.6% of the share based on packaging type. Traditionally, glass bottles have been the preferred choice for packaging olive oil, especially for premium extra virgin varieties. They offer several advantages, such as protection from light and oxygen, which can degrade the oil's quality.
This protective quality ensures that glass bottles maintain a significant market presence, particularly in high-end retail segments where consumers value authenticity and quality presentation. Meanwhile, plastic bottles are becoming more popular, especially in the mid-range market. They are convenient because they are easier to handle, safer to transport, and less likely to break compared to glass. As a result, plastic bottles attract consumers who want a balance between quality and affordability.
Based on end-use, the household segment of the olive & olive derivatives market is expected to grow at a CAGR of 3.3% through 2034. This growth is due to more consumers using olive oil and table olives in their daily cooking. Olive oil is commonly used in many households for cooking, dressings, and dipping, which keeps the demand steady in this segment. The health benefits and versatility of olive products also make them popular choices for home kitchens.
During the forecast period, the supermarkets and hypermarkets segment is expected to drive significant growth in the olive and olive derivatives market. These large retail outlets offer consumers easy access to a wide variety of olive and olive derivative products. With plenty of shelf space and a consistent range of brands and types, they have become the preferred choice for many shoppers.
Specialty stores, such as gourmet food shops and olive oil boutiques, cater to consumers looking for high-quality and unique olive products. Although they have a smaller market share compared to supermarkets, these stores offer carefully selected products and expert advice, attracting customers who value authenticity and premium options.
U.S. olive and olive derivatives market reached a valuation of USD 4.1 billion in 2024. This growth is due to more people becoming health-conscious and the increasing popularity of Mediterranean diets. Olive oil, known for its healthy monounsaturated fats, has seen higher demand in cooking, beauty, and wellness products. The beauty industry is also focusing more on natural and organic ingredients, which has increased the use of olive derivatives for their nourishing benefits.
In North America, the U.S. leads the olive market because of its strong food and beauty industries. There is a growing demand for high-quality olive oils and olive-based personal care products, supported by advanced production and distribution systems. As health trends spread, Canada and Mexico are slowly expanding their olive derivative markets. These factors together make North America an important area for the growth 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
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