The
mechanics of the global olive oil industry and the growing usage of
olive oil in the food and beverage industry comprises a complex web
of production, distribution, and consumption. The various interlinked
trends and dynamics of this industry are decided by behavioral
changes among the consumers, climatic conditions, and the political
scenario. In the coming years, the trajectory of the global olive oil
market in the food and beverage industry will be decided by the
recognition of the health benefits of olive oil and the strategic
response of the manufacturers to overcome challenges and cater to the
ever-growing consumer base with a steady supply chain.
The
global
olive oil market has been studied with a special focus on its
consumption in the food and beverage industry. The research report
includes a study of the market drivers and restraints shaping the
overall olive oil market. Furthermore, it also includes SWOT analysis
to highlight the impact of the strengths, weaknesses, opportunities,
and threats influencing the segments of the overall market.
Furthermore, the research report also includes Porter’s five forces
analysis to explain the threat of new entrants, the threat of
substitute products or services, the bargaining power of suppliers,
the bargaining power of customers, and the intensity of competitive
rivalry.
Overview
The
global olive oil market is growing at a robust pace as olive oil is
an integral part of the increasingly popular Mediterranean cuisine.
Besides its culinary importance, the demand for olive oil is also on
the rise due to its ability to fight depression, prevent
osteoporosis, and mitigate the risk of cancer and cardiovascular
diseases. Furthermore, the growing consumption of olive oil in North
America and Asia Pacific is also propelling the overall market.
Besides using olive oil in various foods and beverages, olive oil is
used for manufacturing pharmaceuticals, cosmetics, and soaps. The
steady growth of all of these industries is expected to have a
positive influence over the olive oil market in the coming few years.
Geographically,
the global olive oil market is segmented into Europe, North America,
Asia Pacific, and Rest of the World. Research suggests that the
demand for olive oil is expected to be the highest in Europe, as the
region has massive production facilities in countries such as Turkey,
Greece, Italy, and Spain, among others. Currently, Italy and Spain
holds 55% share in the global olive oil market.
Meanwhile,
the U.S. olive oil market is driving the North American region due to
the increasing demand from health-conscious consumers. Presently, the
U.S. is the third largest consumer of olive oil in the world and has
production facilities situated in Texas, Arizona, and California.
According to analysts, Asia Pacific is showing promise of a good
growth rate in the coming years due to increasing awareness about
health and fitness amongst consumers in Australia, India, Japan, and
China.
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Companies
Mentioned in the Global Olive Oil Market Report are:
Some
of the important players operating in the global olive oil market are
Salov, Borges, Deoleo, Colavita, Pompeian, Sovena Group, and Ybarra,
among others.
Global
Olive Oil Market by Geography:
- North America
- Europe
- Asia Pacific
- Rest of the World
This
report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key
highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
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