Pune, 27, April, 2023: Maximize Market Research, a Food & Beverages business research firm has published a report on the “Organic Olive Oil Market”. The total opportunity for Organic Olive Oil Market was USD 14.22 Bn in 2022 and is expected to grow at 3.29 percent CAGR through the forecast period to reach USD 17.83 Bn by 2029.
Organic Olive Oil Market Report Scope and Research Methodology
The key objective of the report is to provide a forecast global Organic Olive Oil market based on segments, companies and regional distribution. For the competitive analysis, the report includes a list of key players with new product launches, acquisitions, mergers, and joint ventures in the Organic Olive Oil industry. The analyst collected data by using primary and secondary methodologies and the data gathered was combined to make an authentic and error-free Organic Olive Oil market report. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports and primary research surveys were conducted with the identified Organic Olive Oil companies and during this, the respondents were also enquired. SWOT analysis was conducted to provide the strengths and weaknesses of the key players in the Organic Olive Oil industry. The analyst calculated the global Organic Olive Oil market size by using a bottom-up approach, where data for various end-user industries and their application across various product types were recorded and forecasted for the future years.
Organic Olive Oil Market Dynamics
The main factor that is primarily boosting the growth of the market is the increasing demand for olive oil across retail channels and food services. The demand for olive oil is also increasing due to the rising awareness regarding its health benefits. The market is expected to grow majorly due to its use to treat digestive disorders. Travel, tourism and increasing interest in trying several exotic preparations support the growth of the global market.
The market growth is majorly restrained by the high costs of olive oil compared to sunflower and other vegetable oil.
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Organic Olive Oil Market Regional Insights
The Europe region is the largest Organic Olive Oil Market for olive oil. This growth of the regional market is mainly attributed to the highest olive tree cultivation and production.
The North America and Asia Pacific regions are significant markets for organic olive oil. These markets are growing due to the rising awareness of their health benefits. The factor that is expected to drive the growth of the market is the rising trend of dining out and trying out Mediterranean cuisine.
Organic Olive Oil Market Segmentation
By Product Type
By End-User
By Distribution Channel
By Application
By Packaging
Organic Olive Oil Key Competitors include:
Table of Content for Organic Olive Oil Market
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Key questions answered in the Organic Olive Oil Market are:
Key Offerings:
Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:
Olive Oil Market – The market size is expected to reach USD 15.23 billion by 2029 at a CAGR of 6.13 percent during the forecast period. The market is expected to be driven by the increasing demand for vegetable oil from end-use industries.
Sunflower Oil Market – The market size is expected to reach USD 29.19 Bn by 2029 at a CAGR of 5.2 percent during the forecast period. The market is expected to be driven by the increasing use of sunflower oil in cosmetics.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Media ContactCompany Name: MAXIMIZE MARKET RESEARCH PVT. LTD.Contact Person: Geeta YevleEmail: Send EmailPhone: +91 9607365656Address:3rd Floor, Navale IT Park, Phase 2, Pune Banglore Highway, Narhe,City: PuneState: MaharashtraCountry: IndiaWebsite: https://www.maximizemarketresearch.com/market-report/organic-olive-oil-market/186085/