Global
Aromatic Olive Oils Market: Overview
Olive
oils are one of the major constituents in the Mediterranean diet and
are evaluated on the basis of its fruity, bitterness and peppery
content, thus offering broad spectrum for the players investing in
the market. However, the pungent smell of the olive oils acts as a
reluctant factor for its adoption among consumers in few regions. In
order to mask the pungent smell, aromatic olive oils have been
introduced, which are gaining significant popularity among the
consumers. Though the flavours, aroma, taste of the olive oils depend
upon various factors such as maturity of the olives, region of its
cultivation, its processing age among others. As escalated demand for
aromatic olive oils is being witnessed among the consumers, which has
further led to the introduction of varied aroma types by the olive
oil manufacturers.
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The
tantalising and exclusive aroma of aromatic olive oils is due to the
occurrence of a large number of chemical compounds. Phenolic
compounds have substantial effect on the olive oil aroma. Also, the
aromatic component in the aromatic olive oils is due to the enzymatic
activity of the volatile flavoured compounds that are formed in the
olive fruit. Thus, the quality of the processing of the olive oils
plays a significant role in its taste and aroma. Along with the
ethnicity of aroma, aromatic olive oils are also rich in Vitamin E
and D.
Global
Aromatic Olive Oils Market: Drivers and Restraints
Due
to various curative properties of olive oils especially for diabetic
and heart disease patients, it has gained vital importance in the
global edible oils market. The aromatic component of olive oils also
impart psychological therapeutic effects apart from curatives
benefits. Thus upwelling the growth of aromatic olive oils market.
However, immense precision and care is required in the processing of
aromatic olive oils. As the aromatic component is volatile in nature
such as aldehydes and esters, it may decompose off at high
temperature during the milling process. Various yielding process also
results in the reduction of aroma in the aromatic olive oils. Thus a
lot of maintenance is required in the process of harvesting and
extracting the aromatic olive oils. These factors hinder the growth
of aromatic
olive oils market. The age and storage conditions have
significant role to play, as with age the aromatic content starts
decreasing and if not kept under cool and dry storage conditions, the
aromatic compounds may fickle. Furthermore, the desired concentration
of aromatic content is obtained at optimal maturity stage of the
olive fruit.
Global
Aromatic Olive Oils Market: Segmentation
On
the basis of aromatic compounds, global aromatic olive oils market is
segmented into:
- Aldehydes
- Alcohols
- Esters
- Hydrocarbons
- Ketones
- Furans
- Others
On
the basis of flavours, global aromatic olive oils market is segmented
into:
- Lemon Rind
- Soya and Ginger
- Fresh Basil
- Fried Garlic
- Black Olives
- Others
On
the basis of sales channel, global aromatic olive oils market is
segmented into:
- Wholesalers
- Retailers
- Supermarkets
- Hypermarkets
- Online Retail
Global
Aromatic Olive Oils Market: Region wise Outlook
The
global aromatic olive oils market is distributed into seven regions,
namely Latin America, Western Europe, North America, Japan, Asia
Pacific excluding Japan (APEJ), Eastern Europe and Middle East and
Africa (MEA). Europe is the leading player in the aromatic olive oils
market. Among which Spain and Italy account for largest share as
producers as well as exporters of aromatic olive oils. In North
America region, US is the third largest consumer of aromatic olive
oils. The market of aromatic olive oils is witnessing tremendous
growth in Asia Pacific region as consumers have recognised the
associated health benefits of olive oils. India and China witness
increased demand for aromatic olive oils, as consumers are preferring
aromatic olive oils as cooking oil.
Global
Aromatic Olive Oils Market: Key Players
- Moulin À Huile Paschetta Henry
- Borges Branded Foods SLU
- Karaagac Olive Oil Ltd. Co.
- GAEA
- NUDO ADOPT
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