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Global Olive Oil market Size Expected To Reach USD 17.33 Billion With CAGR 2.9% By 2030
Market Overview:
The Olive Oil market estimated at USD 13.79 Billion in the year 2022, is projected to reach a revised size of USD 17.33 Billion by 2030, growing at a CAGR of 2.9% over the analysis period 2023-2030.
Olive oil is a liquid fat that is obtained by pressing whole olives, a traditional tree crop of the Mediterranean Basin (Olea European family Oleaceae). It is frequently used in cooking, in salad dressings, and for frying food. Additionally, it can be found in some soaps, medicines, cosmetics, and fuel for conventional oil lamps. Some religions use it for additional purposes as well. Along with wheat and grapes, the olive is one of the three staple food crops in Mediterranean cuisine. Since the eighth millennium BC, olive trees have been grown in the Mediterranean region. The market is expanding as a result of the rising demand from the food industries.
Top Key Players in Olive Oil Market:
Borges International Group (Spain), Deoleo S.A. (Spain), EU Olive Oil (U.K.), Artajo oil(Spain), SALOV GROUP (Italy), Aceites Sandúa (Spain), Tucan Olive Oil Company (U.S.), Domenico Manca S.p.a (Italy), Minerva Foods(Greece), Olinexo S.L. (Spain), Nutrinveste SGPS (Portugal), and Other Major Players.
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22 days ago

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