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Olive and Olive Derivatives Market Size

Report ID: GMI6945
Published Date: Nov 2024
Report Format: PDF

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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.

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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.

Olive and Olive Derivatives Market Report Attributes
Report Attribute	Details
Base Year:	2024
Olive and Olive Derivatives 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:	220
Tables, Charts & Figures:	240
Segments covered:	Type, Packaging Type, End-Use, Distribution Channel
Growth Drivers:	Increasing use of olive oil in the food processing industry Rising demand for olive oil-based cosmetics and personal care products Increasing consumer awareness of the health benefits associated with olive consumption
Pitfalls & Challenges:	Competition from other vegetable oils The price of olive oil can be volatile

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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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of olive & olive derivatives reached USD 20.1 billion in 2024 and is set to grow at a 2.9% CAGR from 2025 to 2034, driven by increasing consumer awareness of the health benefits associated with olive consumption.

The household segment is expected to grow at a CAGR of 3.3% through 2034, led by the increasing use of olive oil and table olives in daily cooking.

The U.S. market reached a valuation of USD 4.1 billion in 2024, propelled by the rising popularity of Mediterranean diets and health-conscious consumers.

Major players in the industry include Acesur Group, Agrosevilla, Borges Organic Olive Oil Company, Conagra Brands, Deoleo, Filippo Berio, Gaia Good Health, Martelli, Monini, Pompeian, and Ybarra Group.