PUBLISHER: Value Market Research | PRODUCT CODE: 1448565
PUBLISHER: Value Market Research | PRODUCT CODE: 1448565
The global demand for Extra Virgin Olive Oil Market is presumed to reach the market size of nearly USD 143.62 Billion by 2032 from USD 83.65 Billion in 2023 with a CAGR of 6.19% under the study period 2024 - 2032.
Extra virgin olive oil is an unrefined oil extracted from olives using mechanical processes. Renowned for its rich flavor, nutritional benefits, and low acidity, extra virgin olive oil is considered the highest grade among olive oils. It is used in cooking, salad dressings, and as a finishing oil due to its distinct taste and potential health benefits.
The Extra virgin olive oil market is influenced by factors such as the increasing awareness of health benefits, the rise in culinary tourism, and the demand for premium and authentic food products. Extra virgin olive oil (EVOO) is derived from the first cold pressing of olives and is renowned for its rich flavor, nutritional value, and potential health benefits. The market experiences growth as consumers prioritize healthier dietary choices and recognize the unique taste and quality attributes of extra virgin olive oil. The popularity of Mediterranean and plant-based diets contributes to the market's expansion, as EVOO is a staple in these culinary traditions. Additionally, the demand for authentic and high-quality food products, coupled with the rise in gourmet cooking and culinary exploration, drives the consumption of extra virgin olive oil. The market is also influenced by the increasing production of premium EVOO varieties, geographic indications, and certifications that highlight the authenticity and origin of the oil, further enhancing its appeal to health-conscious consumers.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of extra virgin olive oil. The growth and trends of extra virgin olive oil industry provide a holistic approach to this study.
This section of the extra virgin olive oil market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Extra Virgin Olive Oil market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Extra Virgin Olive Oil market include Borges International Group, Deoleo S.A., Sovena Group, Grupo Ybarra Alimentacion, Salov S.p.A., Mueloliva, Bellucci Premium, Cargill Inc., California Olive Ranch Inc., Colavita S.p.A., Moulin Castelas, Luglio, Cobram Estate, Gaea, Pompeian Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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