Olive Market Size, Trends | Industry Analysis

The global olive market, worth USD 13.6 million in 2021, is set to grow at a 3.0 percent CAGR. The increasing popularity of Mediterranean cuisine and the health benefits of olive oil are key drivers.

COVID-19 initially reduced olive oil sales, but health concerns have since boosted demand. In India, home cooking trends have led to increased olive oil consumption.

Minimally processed oils, such as cold-pressed olive oil, are gaining popularity due to their perceived health benefits. However, the high cost of olive oil is a challenge compared to cheaper alternatives.

Europe remains the leading market, with significant consumption in Italy, Spain, Greece, and France. North America also sees growth due to health trends and dietary supplements.