Extra Virgin Olive Oil Market Research Report- Forecast to 2023

Extra Virgin Olive Oil Market Research Report- Forecast to 2023

ID: MRFR/F-B & N/2780-HCRR | August, 2017 | Region: Global | 110 pages | Half-Cooked Research Reports

Global Extra Virgin Olive Oil Market Information: by Processing Type (Cold Pressed, Flavored, Virgin, Blended and others), by Application (Cooking, Cosmetics, Pharmaceutical and Fuel), by Distribution Channel (Store Based and Non-Store Based) and Regions - Forecast to 2023


Market Synopsis of Extra Virgin Olive Oil


Market Scenario


Olive oil is a liquid fat extracted from olives, a traditional tree crop of the Mediterranean Basin. The oil is produced by squeezing whole olives. Extra virgin olive oil is made by crushing olives and extracting the juice. It is the only cooking oil that is made without the use of chemicals and industrial refining. It is the juice of fresh, healthy olives which contains, more than any other grade, the health-promoting nutrients that olive oil is famous for. The extra virgin olive oil is the highest quality olive oil, consumed by a majority of health-conscious people, as the extra virgin olive oil is less than 1% acidic, thus increasing its demand worldwide. It is the main source of dietary fat in the Mediterranean diet which is helping to increase the growth of the extra virgin olive oil market.


The global extra virgin olive oil market is expected to be driven by the rising prevalence of chronic diseases among the consumers both in the developed and developing economies which is enforcing consumers to shift towards healthy and nutritional food consumption. The global extra virgin olive oil market is projected to propel the increasing awareness regarding available health benefits such as prevention from diseases including cardiovascular diseases, heart diseases, strokes, depression, cancer, and others. Extra virgin olive oil is also expected to increase the hair growth and is used in many hair oils. Major market infiltration is leading to the introduction of new products based out of extra virgin olive oil and their retail across various regions. The market players are responding to these new opportunities by expanding their service offerings and product lines, which has fueled up the share of extra virgin olive oil in the global market. High nutritional benefits obtained from this product are also supporting the sale of extra virgin olive oil globally. Additionally, the augmentation of the product development together with research advancements is other significant reasons for the increasing growth of extra virgin olive oil market. Hence, along with changing consumer preferences, the growth of global extra virgin olive oil market is significantly increasing during the forecast period of 2017-2023.


Intended Audience:



  • Extra Virgin Olive Oil Manufacturers

  • Raw Material Suppliers

  • Food & Beverages Industry

  • Pharmaceutical Companies

  • Personal Care Industry

  • Retailers, Wholesalers

  • E-commerce Companies

  • Traders, Importers and Exporters


 


Key Findings



  • Rising adoption of olive oil is in turn increasing the demand for extra virgin olive oil.

  • Europe is the dominating region for the market of extra virgin olive oil followed by North America.



Segments


The global extra virgin olive oil market is segmented on the basis of processing type, such as cold pressed, flavored, virgin, blended, and others. Virgin segment from this market is increasing the demand of the extra virgin olive oils.



  • On the basis of application, the market is segmented into cooking, cosmetics, pharmaceutical, fuel. Increasing demand for food products is helping to drive the growth of this market.

  • On the basis of distribution channel, the market is segmented into store based such as supermarkets & hypermarkets, specialty stores, food processing industries, and others, and non-store based.



Regional Analysis


The global extra virgin olive oil market is segmented on the basis of region into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among these, Europe is estimated to retain its dominance, followed by North America, over the forecast period 2017-2023. This is attributed to the increasing awareness about health benefits from extra virgin olive oil, as well as increasing area of cultivation. Also, due to its vast usage in food and beverages, pharmaceuticals, personal care products, fuel and so on, there is rising demand for extra virgin olive oil. Spain is the largest producer of olive oil, followed by Italy. The new product development by the key manufacturers of extra virgin olive oil is projected to be one of the significant reasons for the rising growth of extra virgin olive oil products in the North America. However, Asia Pacific region is estimated to witness a maximum growth in the global extra virgin olive oil market over the forecast period 2017-2023.



Key Players


Some of the key players in the extra virgin olive oil market: Agro Sevilla Group (Spain), SALOV NORTH AMERICA CORP (U.S.), Star Fine Foods - Borges USA (U.S.), Grupo Ybarra Alimentación (Spain), DEOLEO (Spain), SOVENA (Portugal), Carapelli Firenze S.p.A (Italy)


 


The Extra Virgin Olive Oil Market is segmented under the following regions mentioned below:


North America



  • US

  • Canada

  • Mexico


 


Europe



  • Germany

  • France

  • Italy

  • Spain

  • UK

  • Rest of Europe


 


Asia Pacific



  • China

  • India

  • Japan

  • Thailand

  • Rest of Asia Pacific


 


Rest of the world



  • Latin America

  • Middle East

  • Others

     1.   Executive Summary

      

     2.   Market Introduction

     2.1 Definition

     2.2 Scope of the study

     2.2.1 Research Objectives

     2.2.2 Assumptions

     2.2.3 Limitations

     2.3 Markets Structure

     2.4 Stakeholders

     

     3.  Research Methodology

     3.1 Research Application

     3.2 Secondary Research

     3.3 Primary Research

     3.4 Forecast Model

     3.5 Market Size Estimation

     

     4.  Market Dynamics

     4.1 Drivers

     4.2 Restraints

     4.3 Opportunities

     4.4 Challenges

5.  Market Trends

     5.1 Trends in Supply/Certifications

     5.2 Trends in Demand/Consumption

     5.3 Emerging Markets (Supply & Demand) 

     5.4 Emerging Brands

     5.5 Trade (import-export) Analysis

      5.6 Innovations in Certifications/Application 

     5.7 Macroeconomic Indicators Analysis for top 5 Producing Countries

     

     

     6.  Market Factor Analysis        

     6.1 Introduction

     6.2 Value Chain Analysis

     6.3 Porter’s Five Forces

     6.4 Supply Chain Analysis

     

     7.  Market by Processing Type

     7.1 Introduction

     7.2 Market size (sub segments)

            7.2.1 Cold Pressed

            7.2.2 Flavored

            7.2.3 Virgin

            7.2.4 Blended

            7.2.5 Others

8.  Market by Application

     8.1 Introduction

     8.2 Market size (sub segments)

            8.2.1 Cooking

            8.2.2 Cosmetics

            8.2.3 Pharmaceutical

            8.2.4 Fuel

     

     9.  Market by Distribution Channel

      9.1 Introduction

      9.2 Market size (sub segments)

            9.2.1 Store Based

                9.2.1.1 Supermarkets & Hypermarkets

                9.2.1.2 Specialty Stores

                9.2.1.3 Food Processing Industries

                9.2.1.4 Others

            9.2.2 Non-store Based



10.  Market by Region

     10.1 Introduction

     10.1.1 North America 

     10.1.1.1 U.S.

     10.1.1.2 Canada

     10.1.1.3 Mexico 

     10.2 Europe

     10.2.1 Introduction

     10.2.1.1 Germany

     10.2.1.2 France

     10.2.1.3 Italy

     10.2.1.4 U.K

     10.2.1.5 Rest of Europe

      10.3 Asia Pacific

     10.3.1 Introduction

                10.3.1.1 China

     10.3.1.2 India

     10.3.1.3 Japan

     10.3.1.4 Rest of Asia Pacific

     10.4 RoW

     10.4.1 Introduction

                10.4.1.1 Brazil

                10.4.1.2 Argentina

                10.4.1.3 Egypt

                10.4.1.4 South Africa

                10.4.1.5 Others

11.  Competitive landscape

     11.1 Introduction

     11.2 Certifications Launch/Development

     11.3 Partnerships and collaborations

     11.4 Acquisitions

     11.5 Business Expansion

12.  Company Profiles 

      12.1 Agro Sevilla Group (Spain)

      12.2 SALOV NORTH AMERICA CORP (U.S.)

      12.3 Star Fine Foods - Borges USA (U.S.)

      12.4 Grupo Ybarra Alimentación (Spain)

      12.5 DEOLEO (Spain)        

      12.6 SOVENA (Portugal)        

      12.7 Carapelli Firenze S.p.A (Italy)

    

LIST OF TABLES

TABLE 1 PESTLE ANALYSIS - U.S.    

TABLE 2 PESTLE ANALYSIS- IRELAND    

TABLE 3 PESTLE ANALYSIS- CHINA    

TABLE 4 PESTLE ANALYSIS- JAPAN    

TABLE 5 PESTLE ANALYSIS- GERMANY    

TABLE 6 KEY SUPPLIERS OF RAW MATERIALS FOR EXTRA VIRGIN OLIVE OIL  

TABLE 7 GLOBAL EXTRA VIRGIN OLIVE OIL MARKET, BY PROCESSING TYPE, (2017–2023), USD MILLION    

TABLE 8 GLOBAL EXTRA VIRGIN OLIVE OIL MARKET, BY APPLICATION, (2017–2023), USD MILLION

TABLE 9 GLOBAL EXTRA VIRGIN OLIVE OIL MARKET, BY DISTRIBUTION CHANNEL, (2017–2023), USD MILLION

TABLE 10 GLOBAL EXTRA VIRGIN OLIVE OIL SALES AND GROWTH RATE (2017–2023) USD MILLION    

TABLE 11 GLOBAL EXTRA VIRGIN OLIVE OIL MARKET TOP 5 COUNTRIES    

TABLE 12 GLOBAL EXTRA VIRGIN OLIVE OIL MARKET TOP COMPANIES-USD MILLION

TABLE 13 NORTH AMERICAN EXTRA VIRGIN OLIVE OIL MARKET, BY PROCESSING TYPE, (2017–2023) USD MILLION    

TABLE 14 NORTH AMERICAN EXTRA VIRGIN OLIVE OIL MARKET, BY APPLICATION, (2017–2023), USD MILLION

TABLE 15 NORTH AMERICAN EXTRA VIRGIN OLIVE OIL MARKET, BY DISTRIBUTION CHANNEL, (2017–2023), USD MILLION

TABLE 16 EUROPEAN EXTRA VIRGIN OLIVE OIL MARKET, BY PROCESSING TYPE, 2017–2023 (USD MILLION)    

TABLE 17 EUROPEAN EXTRA VIRGIN OLIVE OIL MARKET, BY APPLICATION, (2017–2023), USD MILLION

TABLE 18 EUROPEAN EXTRA VIRGIN OLIVE OIL MARKET, BY DISTRIBUTION CHANNEL, (2017–2023), USD MILLION

TABLE 19 APAC EXTRA VIRGIN OLIVE OIL MARKET, BY PROCESSING TYPE, 2017–2023 (USD MILLION)    

TABLE 20 APAC EXTRA VIRGIN OLIVE OIL MARKET, BY APPLICATION, (2017–2023), USD MILLION

TABLE 21 APAC EXTRA VIRGIN OLIVE OIL MARKET, BY DISTRIBUTION CHANNEL, (2017–2023), USD MILLION

TABLE 22 REST OF THE WORLD EXTRA VIRGIN OLIVE OIL MARKET, BY PROCESSING TYPE, 2017–2023 (USD MILLION)

TABLE 23 REST OF THE WORLD EXTRA VIRGIN OLIVE OIL MARKET, BY APPLICATION, (2017–2023), USD MILLION

TABLE 24 REST OF THE WORLD EXTRA VIRGIN OLIVE OIL MARKET, BY DISTRIBUTION CHANNEL, (2017–2023), USD MILLION

TABLE 25 COMPETITIVE LANDSCAPING BASED ON FINACIALS DURING THE YEAR 2016

    

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY    

FIGURE 2 PRIMARY DATA ANALYSIS APPROACH    

FIGURE 3 SECONDARY DATA ANALYSIS APPROACH    

FIGURE 4 TREND IN EXTRA VIRGIN OLIVE OIL IMPORTS 2011-15    

FIGURE 5 GROWTH RATE IN EXTRA VIRGIN OLIVE OIL IMPORTS 2011-15

FIGURE 6 EXTRA VIRGIN OLIVE OIL IMPORTS MARKET SHARE BY TOP 5 IMPORTERS (2011 VS 2015)

FIGURE 7 TREND IN EXTRA VIRGIN OLIVE OIL EXPORTS 2011-15

FIGURE 8 GROWTH RATE EXTRA VIRGIN OLIVE OIL EXPORTS 2011-15

FIGURE 9 EXTRA VIRGIN OLIVE OIL EXPORTS MARKET SHARE BY TOP 5 EXPORTERS (2011 VS 2015)

FIGURE 10 VALUE CHAIN ANALYSIS    

FIGURE 11 COST ANALYSIS:  EXTRA VIRGIN OLIVE OIL  

FIGURE 12 PORTER’S FIVE FORCES ANALYSIS    

FIGURE 13 EXTRA VIRGIN OLIVE OIL MARKET TRENDS BY PROCESSING TYPE

FIGURE 14 EXTRA VIRGIN OLIVE OIL MARKET TRENDS BY APPLICATION

FIGURE 15 EXTRA VIRGIN OLIVE OIL MARKET TRENDS BY DISTRIBUTION CHANNEL

FIGURE 16 FINANCIALS