Olive Oil Market Size

ID: MRFR/FnB/5761-HCR

200 Pages

Snehal Singh

October 2025

Olive Oil Market Research Report By Type (Extra Virgin Olive Oil, Virgin Olive Oil, Refined Olive Oil, Pure Olive Oil), By Packaging Type (Bottles, Cans, Tetra Packs, Bulk Containers), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Specialty Stores), By End Use (Household, Food Service, Industrial) and By Regional (North America, Europe, South America, As...

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Olive Oil Size

Olive Oil Market Growth Projections and Opportunities

The Olive Oil Market experiences the influence of various market factors that contribute to its dynamics and growth. One of the primary drivers of this market is the increasing awareness of the health benefits associated with olive oil consumption. As consumers become more health-conscious, there is a growing preference for cooking oils that are perceived as healthier alternatives. Olive oil, known for its heart-healthy monounsaturated fats and antioxidant properties, has gained popularity as a staple in many kitchens worldwide. Culinary trends and changing dietary preferences also play a significant role in shaping the olive oil market. With the rise of Mediterranean and plant-based diets, olive oil has become a preferred choice for cooking, dressing, and flavoring. The versatility of olive oil in various culinary applications, coupled with its association with a balanced and wholesome diet, has contributed to its widespread adoption among consumers seeking healthier food options. Global economic factors, including income levels and consumer spending patterns, influence the olive oil market. Olive oil is often considered a premium product, and consumers with higher disposable incomes are more likely to invest in quality olive oils. Economic stability and purchasing power directly impact the market's premium and specialty segments, as consumers may opt for extra virgin or organic olive oils, contributing to the market's revenue growth. Climate conditions and environmental factors also play a role in the olive oil market. Olive trees thrive in specific climatic conditions, and variations in weather patterns can impact olive yields. Climate-related challenges, such as droughts or extreme temperatures, can affect olive oil production, leading to fluctuations in supply and pricing. This makes the olive oil market sensitive to environmental changes and highlights the importance of sustainable farming practices. The regulatory environment is another crucial factor influencing the olive oil market. Stringent quality standards and certifications, such as the designation of origin (PDO) or protected geographical indication (PGI), ensure the authenticity and quality of olive oils. Regulatory compliance and adherence to these standards are essential for producers and exporters to build trust among consumers, especially in a market where authenticity is highly valued. Geopolitical factors also play a role in the olive oil market, particularly concerning the regions that are major producers and exporters. Political stability, trade agreements, and diplomatic relations can impact the global supply chain and distribution of olive oil. Changes in tariffs, export regulations, or geopolitical tensions can influence the market dynamics, affecting both producers and consumers. Technological advancements in olive oil production contribute to the market's evolution. Innovations in harvesting techniques, milling processes, and packaging technologies enhance the efficiency of olive oil production, ensuring product quality and extending shelf life. Additionally, advancements in traceability technologies provide consumers with greater transparency about the origin and journey of the olive oil they purchase, addressing concerns related to authenticity and quality. Consumer education and marketing strategies also shape the olive oil market. Brands that effectively communicate the health benefits, culinary versatility, and quality of their olive oil products are likely to gain consumer trust and loyalty. Educational campaigns about the different grades of olive oil, such as extra virgin, virgin, and refined, help consumers make informed choices, contributing to market growth.

Market Highlights

Author

Snehal Singh

Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

What is the current valuation of the Olive Oil Market in 2025?

The Olive Oil Market is valued at approximately 3.79 USD Billion in 2024.

What is the projected market valuation for the Olive Oil Market by 2035?

The Olive Oil Market is projected to reach approximately 5.498 USD Billion by 2035.

What is the expected CAGR for the Olive Oil Market during the forecast period 2025 - 2035?

The expected CAGR for the Olive Oil Market during the forecast period 2025 - 2035 is 3.44%.

Which segment of olive oil is expected to generate the highest revenue in 2025?

In 2025, Extra Virgin Olive Oil is expected to generate the highest revenue, with a valuation of approximately 2.1 USD Billion.

How does the packaging type of olive oil impact its market valuation?

In 2025, bottles are projected to generate around 2.1 USD Billion, indicating a strong preference for this packaging type.

What distribution channel is anticipated to perform best in the Olive Oil Market by 2025?

Supermarkets and hypermarkets are expected to lead the distribution channel, with a valuation of approximately 2.1 USD Billion in 2025.

What are the key players in the Olive Oil Market?

Key players in the Olive Oil Market include Bertolli, Filippo Berio, Colavita, and California Olive Ranch, among others.

What is the expected performance of the food service segment in the Olive Oil Market by 2025?

The food service segment is projected to reach a valuation of approximately 1.8 USD Billion in 2025.

How does the industrial end-use segment compare to household use in the Olive Oil Market?

In 2025, the household end-use segment is expected to generate around 2.1 USD Billion, while the industrial segment is projected at approximately 1.598 USD Billion.

What trends are influencing the growth of the Olive Oil Market?

Trends such as increasing health awareness and demand for premium products are likely to drive the growth of the Olive Oil Market.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Market Summary

As per MRFR analysis, the Olive Oil Market Size was estimated at 3.79 USD Billion in 2024. The Olive Oil industry is projected to grow from 3.92 USD Billion in 2025 to 5.498 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.44 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Olive Oil Market is experiencing robust growth driven by health consciousness and sustainability.

Health consciousness is significantly driving demand for olive oil, particularly in North America.
Sustainable practices in production are becoming increasingly important, especially in the Asia-Pacific region.
Innovative branding and packaging strategies are enhancing market appeal, particularly for Extra Virgin Olive Oil Market.
The health benefits of olive oil and the rise of e-commerce are key drivers propelling the growth of Refined Olive Oil Market and canned packaging.

Market Size & Forecast

2024 Market Size	3.79 (USD Billion)
2035 Market Size	5.498 (USD Billion)
CAGR (2025 - 2035)	3.44%
Largest Regional Market Share in 2024	Europe

Major Players

Bertolli (IT), Filippo Berio (IT), Colavita (IT), Pompeian (US), Kirkland Signature (US), California Olive Ranch (US), Gaea (GR), Deoleo (ES), Olivar de Segura (ES)

Market Trends

The Olive Oil Market is currently experiencing a dynamic evolution, driven by shifting consumer preferences and increasing awareness regarding health benefits associated with olive oil consumption. As individuals become more health-conscious, the demand for high-quality, extra virgin olive oil appears to be on the rise. This trend is further supported by a growing inclination towards natural and organic products, which aligns with the olive oil's reputation as a healthier alternative to other cooking oils. Additionally, the market is witnessing a surge in innovative packaging and branding strategies aimed at attracting a younger demographic, which could potentially reshape traditional consumption patterns. Moreover, the Olive Oil Market is influenced by various factors, including climate change and agricultural practices. Producers are adapting to these challenges by implementing sustainable farming techniques and exploring new regions for cultivation. This adaptability may enhance the resilience of the market in the face of environmental uncertainties. Furthermore, the increasing popularity of Mediterranean cuisine globally is likely to bolster the demand for olive oil, as consumers seek authentic flavors and culinary experiences. Overall, the Olive Oil Market appears poised for continued growth, driven by evolving consumer behaviors and a commitment to sustainability.

Health Consciousness Driving Demand

The rising awareness of health benefits associated with olive oil consumption is significantly influencing market dynamics. Consumers are increasingly seeking healthier cooking alternatives, leading to a preference for high-quality, extra virgin olive oil.

Sustainable Practices in Production

Producers are adopting sustainable agricultural practices to address environmental challenges. This shift not only enhances the quality of olive oil but also appeals to environmentally conscious consumers.

Innovative Branding and Packaging

The Olive Oil Market is witnessing a transformation in branding and packaging strategies. Companies are focusing on appealing to younger consumers through modern designs and marketing approaches, potentially reshaping traditional consumption patterns.

Olive Oil Market Market Drivers

Health Benefits of Olive Oil

The Olive Oil Market is experiencing a surge in demand due to the increasing awareness of health benefits associated with olive oil consumption. Studies indicate that olive oil is rich in monounsaturated fats and antioxidants, which may contribute to heart health and reduce the risk of chronic diseases. As consumers become more health-conscious, they are likely to seek out high-quality olive oil as a staple in their diets. In 2023, the market for olive oil reached approximately 3.2 billion USD, reflecting a growing trend towards healthier cooking oils. This shift in consumer preferences is expected to continue, driving the Olive Oil Market forward as more individuals prioritize health and wellness in their food choices.

Innovative Marketing Strategies

Innovative marketing strategies are playing a crucial role in shaping the Olive Oil Market. Brands are increasingly leveraging social media and influencer partnerships to engage with consumers and promote their products. This approach has proven effective in reaching younger demographics who are more likely to explore new culinary experiences. In 2023, brands that adopted digital marketing strategies saw a 20% increase in sales compared to those relying on traditional marketing methods. This trend indicates that the Olive Oil Market is evolving, with companies recognizing the importance of adapting to changing consumer behaviors and preferences. As marketing continues to innovate, it is expected to drive further growth in the industry.

Culinary Trends and Gourmet Cooking

The Olive Oil Market is significantly influenced by evolving culinary trends, particularly the rise of gourmet cooking and the popularity of Mediterranean cuisine. As consumers become more adventurous in their cooking, they are increasingly incorporating olive oil into a variety of dishes, from salads to marinades. The gourmet segment of the olive oil market has expanded, with premium products commanding higher prices and attracting discerning consumers. In 2023, the gourmet olive oil segment accounted for approximately 25% of total olive oil sales, highlighting the potential for growth in this area. This trend suggests that the Olive Oil Market will continue to thrive as culinary enthusiasts seek high-quality, flavorful oils to enhance their cooking experiences.

E-commerce and Online Retail Growth

The rise of e-commerce has transformed the Olive Oil Market, providing consumers with greater access to a diverse range of products. Online retail platforms have become essential for olive oil brands, allowing them to reach a broader audience and cater to niche markets. In 2023, online sales of olive oil represented nearly 15% of total market sales, reflecting a shift in consumer purchasing behavior. This trend is likely to continue, as more consumers prefer the convenience of shopping online. The growth of e-commerce not only facilitates market expansion but also encourages competition among brands, ultimately benefiting consumers with more choices and better prices in the Olive Oil Market.

Sustainability and Organic Production

Sustainability has become a pivotal factor in the Olive Oil Market, with consumers increasingly favoring products that are produced through environmentally friendly practices. The demand for organic olive oil is on the rise, as consumers are more inclined to support brands that prioritize sustainable farming methods. In recent years, the organic olive oil segment has shown a growth rate of around 10% annually, indicating a strong consumer preference for products that align with their values. This trend not only enhances the reputation of brands but also contributes to the overall growth of the Olive Oil Market, as sustainability becomes a key differentiator in a competitive landscape.

Market Segment Insights

Olive Oil Market Segment Insights

Olive Oil Market Segment Insights

Olive Oil Market Type Insights

Olive Oil Market Type Insights

The Olive Oil Market has shown significant growth and diversification in its Type segment, which includes Extra Virgin Olive Oil Market, Virgin Olive Oil Market, Refined Olive Oil Market, and Pure Olive Oil Market. In 2024, the Olive Oil Market revenue is projected to be valued at 3.79 USD Billion, demonstrating a robust demand for various olive oil types.

Among these, Extra Virgin Olive Oil Market holds a majority share, being valued at 1.2 USD Billion in 2024 and expected to rise to 1.75 USD Billion by 2035. This sub-segment is highly regarded for its superior quality and health benefits, which include higher levels of antioxidants and healthy fats.

Olive Oil Market Packaging Type Insights

Olive Oil Market Packaging Type Insights

The Packaging Type segment of the Olive Oil Market plays a pivotal role in the industry's growth, with the overall market expected to reach a valuation of 3.79 USD Billion by 2024.

In this segment, various packaging forms such as Bottles, Cans, Tetra Packs, and Bulk Containers cater to different consumer preferences and distribution channels.

Olive Oil Market Distribution Channel Insights

Olive Oil Market Distribution Channel Insights

The Olive Oil Market continues to evolve, with Distribution Channels playing a critical role in its growth. By 2024, the market is expected to be valued at 3.79 billion USD, reflecting the increasing demand for olive oil across various consumer demographics.

Major Distribution Channels include Supermarkets/Hypermarkets, Convenience Stores, Online Retail, and Specialty Stores. Supermarkets and Hypermarkets dominate the landscape, providing consumers easy access to a wide variety of olive oil brands and types.

Olive Oil Market End Use Insights

Olive Oil Market End Use Insights

The Olive Oil Market is witnessing significant growth, driven by various end use categories such as Household, Food Service, and Industrial segments. As of 2024, the market is projected to be valued at 3.79 billion USD.

In particular, the Household sector is noteworthy for its vast consumption, where consumers are increasingly leaning towards healthier cooking oils, making it a dominant force in the market. Meanwhile, the Food Service segment has also gained traction, as restaurants and culinary establishments emphasize high-quality ingredients in their offerings.This shift towards premium and authentic cooking experiences underlines the importance of olive oil in professional kitchens globally.

Get more detailed insights about Olive Oil Market Research Report-Forecast to 2035

Regional Insights

North America : Growing Demand for Quality

The North American olive oil market is experiencing significant growth, driven by increasing health consciousness and a shift towards Mediterranean diets. The U.S. holds the largest market share at approximately 60%, followed by Canada at around 20%. Regulatory support for quality standards and labeling is also enhancing consumer trust and demand for premium products. Key players like Pompeian and California Olive Ranch dominate the market, focusing on organic and high-quality offerings. The competitive landscape is characterized by a mix of established brands and emerging local producers. The growing trend of cooking shows and culinary tourism is further boosting olive oil consumption in the region.

Europe : Culinary Tradition and Innovation

Europe remains the largest market for olive oil, with Spain and Italy leading the charge, holding approximately 70% of the market share. The region benefits from a rich culinary tradition that emphasizes the use of olive oil, alongside increasing exports to non-EU countries. Regulatory frameworks, such as the EU's quality standards for olive oil, are pivotal in maintaining product integrity and consumer confidence. Spain is the largest producer, followed by Italy, with brands like Bertolli and Filippo Berio being household names. The competitive landscape is robust, with numerous local producers and cooperatives contributing to a diverse market. The emphasis on sustainability and organic production is also shaping consumer preferences in Europe.

Asia-Pacific : Emerging Market Potential

The Asia-Pacific region is witnessing a burgeoning interest in olive oil, driven by rising health awareness and culinary experimentation. Countries like Australia and Japan are leading the market, with Australia holding about 30% of the regional share. The demand for premium and organic olive oil is on the rise, supported by increasing imports and local production initiatives. The competitive landscape is evolving, with both international brands and local producers vying for market share. Key players like Gaea are expanding their presence, while local brands are focusing on quality and unique flavor profiles. The region's growing culinary scene is further propelling olive oil consumption, making it a promising market for future growth.

Middle East and Africa : Cultural Significance and Growth

The Middle East and Africa region is experiencing a gradual increase in olive oil consumption, driven by its cultural significance in Mediterranean diets. Countries like Tunisia and Morocco are key players, with Tunisia holding around 25% of the market share. The region's growing middle class and increasing health awareness are contributing to rising demand for high-quality olive oil. The competitive landscape features both local producers and international brands, with a focus on organic and premium products. Key players like Deoleo are expanding their reach, while local brands emphasize traditional production methods. The region's unique culinary heritage is also fostering a growing appreciation for olive oil, enhancing its market potential.

Key Players and Competitive Insights

The Olive Oil Market is characterized by a diverse and competitive landscape that includes a variety of players ranging from large multinational corporations to small local producers.

The growing demand for healthy and natural food products across the globe has significantly enhanced the market for olive oil, which is recognized for its numerous health benefits and culinary uses.

Factors such as increasing consumer awareness regarding the advantages of incorporating olive oil into diets, along with rising trends towards Mediterranean cuisine, have paved the way for heightened competition among key brands.

The market has also seen innovation in product offerings, packaging, and distribution methods, as manufacturers aim to attract health-conscious consumers while strengthening their brand presence and market share.

Pernod Ricard has established a strong foothold in the Olive Oil Market through its commitment to quality and sustainability. The company's position is bolstered by its effective marketing strategies and its ability to capitalize on the growing trend of premium products.

Its reputation for producing high-quality olive oil is supported by stringent quality control processes and sourcing from the finest regions known for their olives. Pernod Ricard’s strengths lie in its global distribution network, allowing it to reach a wide range of markets effectively.

Additionally, the company benefits from leveraging its established brand heritage and expertise in the food and beverage sector, fostering consumer trust and loyalty in a highly competitive environment.

California Olive Ranch has made its mark in the Olive Oil Market by emphasizing premium quality products sourced from California and other regions known for olive cultivation.

The company specializes in producing extra virgin olive oil and offers a range of products appealing to health-conscious consumers.

Its strong marketing campaigns and focus on cultivating a direct relationship with olive growers enhance its ability to maintain high standards of quality and traceability.

California Olive Ranch has strategically expanded its market presence through various partnerships and collaborations, ensuring its products reach a global audience.

The company continues to innovate and adapt to consumer preferences, which, combined with its commitment to sustainability and environmentally friendly practices, solidifies its position as a leader in the olive oil space.

Key Companies in the Olive Oil Market market include

Industry Developments

The Olive Oil Market has experienced several noteworthy developments recently. In October 2023, California Olive Ranch announced its strategic plans to expand its product line, focusing on organic and sustainably sourced oils, reflecting the increasing consumer demand for healthier and eco-friendly options.

In the same month, Deoleo, known for its diverse olive oil brands, reported strong financial results, highlighting the growing global appetite for premium olive oils.

Notably, in September 2023, Minerva launched a new marketing campaign aimed at increasing brand visibility in North America, driven by rising imports and consumer interest in Mediterranean diets.

There was a significant merger announced between Barilla and another major player specializing in gourmet products, which is set to enhance their market footprint and product offerings in the olive oil sector, expected to finalize in early 2024.

Additionally, prices in the olive oil market have been affected by fluctuating harvest yields, especially in Mediterranean countries, with notable companies like Bertolli and Filippo Berio adjusting their pricing strategies to remain competitive.

The demand for high-quality olive oil continues to rise, driven by health-conscious consumers and culinary trends emphasizing premium ingredients in global cuisine.

Future Outlook

Olive Oil Market Future Outlook

The Olive Oil Market is projected to grow at a 3.44% CAGR from 2024 to 2035, driven by increasing health awareness, demand for premium products, and sustainable practices.

New opportunities lie in:

Expansion of organic olive oil product lines
Development of innovative packaging solutions
Investment in digital marketing strategies targeting health-conscious consumers

By 2035, the Olive Oil Market is expected to achieve robust growth, reflecting evolving consumer preferences and sustainable practices.

Market Segmentation

Olive Oil Market Type Outlook

Extra Virgin Olive Oil
Virgin Olive Oil
Refined Olive Oil
Pure Olive Oil

Olive Oil Market End Use Outlook

Household
Food Service
Industrial

Olive Oil Market Packaging Type Outlook

Bottles
Cans
Tetra Packs
Bulk Containers

Olive Oil Market Distribution Channel Outlook

Supermarkets/Hypermarkets
Convenience Stores
Online Retail
Specialty Stores

Report Scope

MARKET SIZE 2024	3.79(USD Billion)
MARKET SIZE 2025	3.92(USD Billion)
MARKET SIZE 2035	5.498(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	3.44% (2024 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	Market analysis in progress
Segments Covered	Market segmentation analysis in progress
Key Market Opportunities	Growing consumer demand for organic and sustainably sourced Olive Oil presents significant market opportunities.
Key Market Dynamics	Rising consumer preference for premium olive oil drives competition and innovation in production and distribution channels.
Countries Covered	North America, Europe, APAC, South America, MEA