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Olive and Olive Derivatives Market Trends

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

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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.

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.