Olive Market, By Type (Green Olive and Black Olive), By Product Form (Raw Olive, Pickled Olive, Frozen Olive, Dried Olive and Canned Olive) By Distribution Channel (Online Stores, Hypermarkets/ Supermarkets, Convenience Stores and Others), By End-User (Food Service Industry, Food Industry and Household) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2034

Report Code: PMI398120 | Publish Date: May 2024 | No. of Pages: 168

Global Olive Market By Region Overview

Olive Market was valued at US$ 8.1 Billion in 2024 and is projected to grow at a CAGR of 10.1% to reach US$ 19.3 Billion by 2034.

Olive is a tiny, oval-shaped, bitter-tasting fruit produced by the Mediterranean olive tree (Olea Europaea). In wild plants, the fruit is a little drupe about 1–2.5 cm (0.39–0.98 in) in length, thinner-fleshed, and smaller than in orchard varieties. Olives can be gathered at any stage, from green to purple. The olives' botanical name is Olea Europaea, which translates to "European olive." It is a tiny tree belonging to the Oleaceae family that can be found throughout the Mediterranean Basin, from Portugal to the Levant. Olive consumption has various health benefits, including prevention of cardiovascular disease, protection against colon, skin, breast cancer, and anemia, regulation of blood pressure, improved fertility and reproductive system, and immune system maintenance. The global Olive market accounted for US$ million in 2020 and is estimated to be US$ million by 2030 and is anticipated to register a CAGR of 4.8%.Olive is a tiny, oval-shaped, bitter-tasting fruit produced by the Mediterranean olive tree (Olea Europaea). In wild plants, the fruit is a little drupe about 1–2.5 cm (0.39–0.98 in) in length, thinner-fleshed, and smaller than in orchard varieties. Olives can be gathered at any stage, from green to purple. The olives' botanical name is Olea Europaea, which translates to "European olive." It is a tiny tree belonging to the Oleaceae family that can be found throughout the Mediterranean Basin, from Portugal to the Levant. Olive consumption has various health benefits, including prevention of cardiovascular disease, protection against colon, skin, breast cancer, and anemia, regulation of blood pressure, improved fertility and reproductive system, and immune system maintenance. 

Olive Market Report

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Global Olive Market By Region Drivers & Restraints

Drivers and Restrains

The revolution in the dietary to an upsurge in demand for olive oil is the main driving factor for the growth of the global market. Additionally, favorable government association initiatives and policies promoting olive cultivation are other factors for developing the target market. For instance, according to the Ministry of Agriculture and Land Reclamation of Egypt, the country has aimed to become the largest table olive producer in the world through increased cooperation with Spain. Moreover, the demand for the natural processes of table olives has increased, which is the boosting factor for the growth of the target market. Furthermore, olives have medical benefits such as anti-inflammatory, beneficial for the bones, and improving circulation and brain health which is the fueling factor for the growth of the global market. However, the production of olives highly depends on the climatic areas, which are the restraining factor for developing the worldwide olive market.

Global Olive Market By Region Segmentations & Regional Insights

Olive market is segmented based on type, product form, distribution channel, end-user, and region.

On the basis of Type, the global Olive market is segmented into Green Olive and Black Olive. Based on Product form, the target market is segmented into Raw Olive, Pickled Olive, Frozen Olive, Dried Olive and Canned Olive. By Distribution Channel, the market is segmented into Online Stores, Hypermarkets/ Supermarkets, Convenience Stores and Others. By End-User, the market is segmented into Food Service Industry, Food Industry and Household.

Regional Insights:

Based on the region the global olive market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America region is expected to dominate the global market over the forecast period due to more cultivation of the olives and favourable climatic condition. The market in Asia-Pacific has emerged as one of the fastest-growing regions in olive oil consumption, with Japan, China, India, and South Korea at the forefront.

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 – 2034

Market Segmentation

By Type – Green Olive and Black Olive

By Product Form– Raw Olive, Pickled Olive, Frozen Olive, Dried Olive and Canned Olive

By Distribution Channel- Online Stores, Hypermarkets/ Supermarkets, Convenience Stores and Others

By End-User - Food Service Industry, Food Industry and Household

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the global Olive market report based on  type, product form, distribution channel, end-user and region.

Olive Market-Segmentation

Olive Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Olive Market By Region Competitive Landscape & Key Players

The key players operating in the Olive market includes Olive line international S.L, Chrisnas Olives, Agrotiki S.A, Texas Olive Oil, La Carrera, Apollo Olive Oil, B.R. Cohn, GARO-Aceituna Verde SL, FRUYPER SA, 2Brothers Company, ADAMAKIS Olives, Special Food Industry International, Mantziolive Hellas P.C., GAIA olives, Olives Escamilla, and Eugene Brunel.

Global Olive Market By Region Company Profile

  • Olive line international S.L *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Chrisnas Olives
  •  Agrotiki S.A
  • Texas Olive Oil
  • La Carrera
  • Apollo Olive Oil
  • B.R. Cohn
  • GARO-Aceituna Verde SL
  • FRUYPER SA
  • 2Brothers Company
  • ADAMAKIS Olives
  • Special Food Industry International
  • Mantziolive Hellas P.C.
  • GAIA olives
  • Olives Escamilla
  • Eugene Brunellc.

 “*” marked represents similar segmentation in other categories in the respective section

FAQs

Olive market is segmented based on region.

The revolution in the dietary to an upsurge in demand for olive oil which is the main driving factor for the growth of the global market. Additionally, the favorable government association initiatives and the policies for promoting the cultivation of olive which is another propelling factor for the growth of the target market.

The North American region is expected to dominate the global market over the forecast period due to more cultivation of olives and favorable climatic conditions. The market in Asia-Pacific has emerged as one of the fastest-growing regions in olive oil consumption, with Japan, China, India, and South Korea at the forefront.

Some of the companies operating in the olive oil market are Borges, Salov, Ybarra, Sovena Group, and Deoleo. These key companies are projected to maintain their dominance over the forecast period by offering new olive oil-based products in many regions. Key companies are forecast to face a high level of competition from the new entrants in the years to come.