‘Olea Europaea’ or olive is a fruit that is found in the Mediterranean Basin. It is a major and extensively cultivated agricultural crop in this region. Olive is one of the key ingredients used in several Mediterranean dishes. Spain is the largest olive producing country followed by Greece and Italy. Olives are readily used in the preparation of several dishes across geographies. Consumption of olives include several health benefits such as it helps to control blood pressure, control cholesterol, prevent diabetes, reduce the risk of cardiovascular diseases, increases immunity, and others
The growing demand for olive oil is a prime factor propelling the demand for olives in the global market. Olive oil is rich in vitamin E, D, monosaturated fatty acids, antioxidants, and good cholesterol, among others, which makes it a healthier option as compared to other edible oils.
Olive oil is also good for skin, hair, and nail health. It moisturizes the skin and helps to reduce wrinkles and signs of aging. It also moisturizes hair, reduces scalp irritation, and promotes hair growth. These factors are significantly contributing to the growth of the global olive market.
Prices of olives are high, owing to high production costs. This is expected to restrain market growth in the coming years. Moreover, olives are loaded with fat, which often leads to increased inflammation and digestive disorders, such as diarrhea and others. This may hinder the demand for olives in the global market.
The global olive market can be segmented based on product type, form, end-use, distribution channel, and region
In terms of product type, the market can be classified into green olives and black olives. Based on form, the olive market can be segregated into raw olive, pickled olive, dried olive, olive oil, and others.
In terms of end-use, the olive market can be categorized into the household, food industry, food service industry, cosmetics industry, pharmaceutical industry, and others. Based on the distribution channel, the olive market can be split into offline and online. The online channel can be sub-divided into company-owned websites and e-Commerce websites. The offline segment can be sub-divided into organized stores and unorganized stores.
Based on the region, the global olive market can be divided into North America, South America, Asia Pacific, Middle East & Africa, and Europe. Furthermore, regions are divided into countries such as the U.S., Canada, Germany, France, Italy, the U.K., GCC Countries, South Africa, China, India, Japan, Australia, and Brazil. Europe is expected to hold a major share of the global olive market. Europe accounts for the maximum olive production in the world, which in turn is leading to the growth of the market in this region.
The global olive market is witnessing significant competition, owing to the presence of a large number of players across geographies. Furthermore, with the entry of new players, the competition in the olive market is projected to intensify during the forecast period. Leading players operating in the market are constantly focusing on product quality and expanding their geographic reach to meet the increasing demand, thereby leading to the overall growth of the market.
Key players operating in the global olive market are ADAMAKIS Olive, Special Food Industry International, Apollo Olive Oil, B.R. Cohn, FRUYPER SA, 2Brothers Company, GAIA olive, Mantziolive Hellas P.C., Olive line international S.L, GARO-Aceituna Verde SL, Olive Escamilla, Chrisnas Olive, Agrotiki S.A, Texas Olive Oil, La Carrera, and Eugene Brunel, among others
Olive Market, by Product Type
Olive Market, by Form
Olive Market, by End-Use
Food Service Industry
Olive Market, by Distribution Channel