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Olive Oil Market Size Estimate For 2026 And Revenue Forecast Through 2030
The olive oil market size has demonstrated robust growth in recent years. It is projected to expand from $13.49 billion in 2025 to $14.23 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 5.5%. This growth in the historic period can be attributed to the increasing adoption of Mediterranean diets, the expansion of olive cultivation areas, rising consumer awareness of healthy fats, strong culinary usage in households, and growing penetration in foodservice channels.
The olive oil market is projected to experience substantial expansion over the coming years, reaching $18.21 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 6.4%. This anticipated growth is driven by several factors, including the increasing consumer demand for organic food items, a greater integration of olive oil into personal care product formulations, the spread of premium food consumption, a heightened emphasis on sustainable agricultural methods, and the growing adoption of digital traceability. Key market trends during this period encompass a surge in demand for extra virgin olive oil, a stronger consumer inclination towards organic olive oil products, the development of premium and artisanal olive oil categories, an enhanced focus on traceability and origin labeling, and the broadening of its uses across both culinary and cosmetic sectors.
Free Olive Oil Market Report Sample Available For Download:
Why Is Demand In The Olive Oil Market Expected To Keep Rising?
The projected rise in olive oil production is anticipated to propel the olive oil market’s growth in the coming years. Olive oil, a liquid fat derived from olives, the fruit of the olive tree (Olea europaea), is a widely favored cooking oil and a core element in many culinary and cultural traditions. A higher olive oil output brings numerous consequences for the sector, impacting market supply, availability, price stability, innovation, and research, thus affecting various business stakeholders and elements. For example, in June 2023, Oils and Fats International, a UK-based oil and fats trade publication, reported an expected olive oil output of 3.2 million metric tons for 2023–24. This represents a 24% increase over last year’s record low crop and is almost consistent with the five-year average of 3.14 million metric tons. Ultimately, the expansion in olive oil production is indeed driving the olive oil market.
How Is The Olive Oil Market Divided Across Segments And Subsegments?
The olive oil market covered in this report is segmented –
1) By Type: Virgin Olive Oil, Refined Olive Oil, Extra Virgin Olive Oil, Olive Pomace Oil
2) By Nature: Conventional, Organic
3) By Distribution Channel: B2B Suppliers, Supermarket Or Hypermarket, Grocery Store, Online Retail, Other Distribution Channels
4) By End User: Food Processing, Food Service, Cosmetics And Personal Care, Other End Users
Subsegments:
1) By Virgin Olive Oil: Cold Pressed Virgin Olive Oil, Filtered Virgin Olive Oil, Unfiltered Virgin Olive Oil
2) By Refined Olive Oil: Light Refined Olive Oil, Refined Olive Oil Blend
3) By Extra Virgin Olive Oil: Organic Extra Virgin Olive Oil, Flavored Extra Virgin Olive Oil
4) By Olive Pomace Oil: Refined Olive Pomace Oil, Pomace Oil Blend
Olive Oil Market Trends Reshaping Customer Demand And Business Strategies
Leading entities within the olive oil market are undertaking investments, such as Certified Origins’ commitment, to establish production facilities in the US, responding to increased demand for their branded and private-label products. Certified Origins has made an investment towards building a manufacturing plant in the United States. This operation will encompass olive oil blending, bottling, packaging, and distribution activities, projected to generate 30 new jobs. For example, in March 2023, Certified Origins, an Italy-based company specializing in extra virgin olive oil, revealed a $25 million investment for the inauguration of its first production facility in the United States. The new site for the company, situated at 230 Pickett’s Line within the Oakland Industrial Park, will manage the selection and export of premium extra virgin olive oils through the Port of Virginia, providing specialized blends and custom packaging services for both domestic and international markets. Virginia secured the project against Maryland, a venture anticipated to create 30 new jobs.
Olive Oil Market Major Players: Companies At The Forefront Of The Industry
Major companies operating in the olive oil market are Deoleo S.A., Borges International Group, Sovena Group, Gallo Worldwide, Salov S.p.A., Colavita S.p.A., Monini S.p.A., Costa d’Oro, Pompeian Inc., Lucini Italia Co., Castillo de Canena, Minerva Olive Oil, Gaea Products S.A., Jaencoop Grupo, Aceites Sandua, Oil Artajo SL, Domenico Manca S.p.A., Bellucci Premium, Grampians Olive Co., Victoria Olive Oil Co., Les huiles d’olive Lahmar, Tucan Olive Oil Company Ltd.
Read More About The Olive Oil Market In The Full Report:
Olive Oil Market Regional Share Analysis For 2025
Europe was the largest region in the olive oil market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the olive oil market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
