Olive Market to Grow with a CAGR of 5.8% through 2030

The global olive market is expanding due to rising health consciousness, Mediterranean diet popularity, and olive oil's diverse applications in food, cosmetics, and nutraceuticals. Premium organic products and Asia-Pacific demand are driving robust growth.

According to TechSci Research report, “Olive Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the global olive market was valued at USD 26.57 Billion in 2024 and is expected to reach USD 37.27 Billion by 2030 with a CAGR of 5.8% during the forecast period. The global olive market is navigating a transformative phase shaped by evolving consumer preferences and operational challenges. A key driver is the increasing integration of olives into functional foods and nutraceuticals, capitalizing on their proven health benefits such as anti-inflammatory and cardiovascular properties. This trend aligns with the growing "food as medicine" movement, particularly in developed markets where consumers are actively seeking preventative health solutions. Simultaneously, the market is witnessing a surge in demand for premium, traceable olive products, with blockchain technology emerging as a critical tool to combat adulteration and enhance supply chain transparency.

However, the industry faces significant headwinds, including labor shortages in traditional growing regions that are driving up production costs and forcing mechanization investments. Water scarcity issues in Mediterranean growing areas are prompting innovative irrigation solutions and drought-resistant cultivar development, while also sparking competition for agricultural resources. The market is further challenged by the need to balance mass-market affordability with premium product expectations, particularly as inflationary pressures squeeze consumer budgets. Emerging markets present both opportunities and challenges, as price sensitivity often limits olive oil adoption despite growing health awareness. The industry is responding through diversified product offerings, including value-added olive-based snacks and convenience products that cater to changing consumption patterns. Sustainability concerns are accelerating the adoption of circular economy practices, with olive waste being repurposed for biofuels and cosmetic ingredients. These dynamics are creating a bifurcated market landscape where premium, health-focused products grow alongside cost-optimized offerings, requiring producers to adopt flexible strategies to capture value across market segments while navigating an increasingly complex operational environment.

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The Olive Market is segmented into product, certified, application and region.

Based on application, the personal care and cosmetics segment is expanding rapidly, with olive oil and extracts used in skincare, haircare, and soaps for their moisturizing and antioxidant properties. The others segment includes industrial uses like biofuels and animal feed from olive byproducts. Among these, personal care & cosmetics is the fastest-growing application, driven by the clean beauty movement and demand for natural ingredients. Olives and olive-derived products serve multiple industries, with food and beverage (F&B) being the largest segment. Olive oil is a staple in cooking, dressings, and gourmet foods, while table olives are consumed as snacks, in salads, and as ingredients in Mediterranean cuisine. The pharmaceutical segment is growing due to olive polyphenols' potential health benefits, including cardiovascular protection and anti-inflammatory effects.

Based on region, Asia-Pacific is the fastest-growing olive market, with demand surging in China, India, Japan, and Australia. While per capita consumption is still low compared to Europe, rising disposable incomes, urbanization, and Western dietary influences are accelerating adoption. China has seen double-digit growth in olive oil imports, driven by its middle class’s interest in healthy cooking oils. India is emerging as a potential growth market, with rising awareness of olive oil’s benefits in skincare and Ayurveda. Australia, though smaller, has a burgeoning domestic olive industry focused on premium EVOO. The APAC region’s growth potential is immense, with CAGR projections of 8-10%, making it the most dynamic market for future expansion.

Major companies operating in the global olive market are:

• Dcoop S. Coop.
• Deoleo (CVC Capital Partners)
• Sovena Group
• Borges Agricultural & Industrial Nuts, S.A.
• California Olive Ranch. Inc
• Colavita S.P.A.
• Almazaras de la Subbetica
• Aceites Maeva
• Olivar de Segura
• Ybarra

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“A key trend in the olive market is expansion of olive-based functional foods and nutraceuticals. Beyond traditional culinary uses, olives and olive-derived ingredients are gaining prominence in functional foods and nutraceuticals, driven by the growing demand for health-enhancing products. Olive leaf extract, rich in polyphenols like oleuropein, is being incorporated into supplements for its potential cardiovascular, anti-diabetic, and immune-boosting properties. Olive pomace oil, once considered a byproduct, is now used in fortified foods and dietary supplements due to its high antioxidant content. Additionally, olive-based snacks, such as marinated olives, olive tapenades, and olive-infused protein bars, are emerging as popular choices for health-conscious consumers seeking convenient, nutrient-dense options”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

"Olive Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Oil-Crushing Olives, Table Olives), By Certified (Organic-Certified, Conventional, Others), By Application  (Food & Beverage, Pharmaceuticals, Personal Care & Cosmetics, Others), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of global olive market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global olive market.

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