Market Overview:
The global high quality extra virgin olive oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-quality extra virgin olive oil from food service, supermarkets/hypermarkets, departmental stores, specialty stores and online retail sectors across the globe. Additionally, factors such as rising disposable income and changing lifestyle preferences are also contributing significantly towards the growth of this market. On the basis of type, conventional segment is expected to hold a dominant position in the global high quality extra virgin olive oil market during the forecast period from 2018 to 2030. This can be attributed to its low price as compared to organic segment and wide availability across regions.
Product Definition:
High quality extra virgin olive oil is made from pure, cold-pressed olives. It has a fruity, peppery taste and a strong, pungent aroma. It is used in salads, dips, sauces and as a finishing oil.
Conventional:
Conventional is the first quality extra virgin olive oil produced from the first pressing of the olives. It has a green label and can be used for immediate consumption. The growth factor in conventional segment is more prominent than other two qualities due to its low price as compared to upgraded one and high demand across various sectors such as food & beverages, cosmetics, pharmaceuticals among others.
Organic:
Organic extra virgin olive oil is produced by the mechanical extraction of the fruit from the olive tree, without any chemical or heat treatment. The main characteristic of this product is that it contains more than 95% of oleic acid (the fatty acid) and less than 2% saturated fat.
The major factors driving demand for organic extra virgin olive oil are its health benefits and growing consumer awareness regarding environment protection.
Application Insights:
The food service application segment led the global high quality extra virgin olive oil market in 2017. The segment is expected to expand at a CAGR of XX% from 2018 to 2030. Extra virgin olive oil is widely used as an ingredient in salad dressings, bread and rolls, pastries, cookies, cakes and pies owing to its health benefits including anti-oxidants and anti-inflammatory properties. These factors are likely to drive demand for EVOO in the food service sector over the forecast period.
High quality EVOOs are increasingly being utilized by restaurants and eateries across the globe due largely to their ability not only enhance but also preserve flavors of other ingredients coupled with their health benefits which include lowering cholesterol levels thereby reducing heart diseases risks among consumers particularly those who eat a lot of red meat daily along with vegetables etcetera.
Regional Analysis:
Europe was the largest market for high quality EVOO, accounting for more than 35% of the global revenue in 2017. The region is expected to dominate the industry over the forecast period owing to a large consumer base and strong presence of traditional manufacturers. North America is projected to be one of fastest growing markets at an estimated CAGR of XX% from 2018 to 2030 due to increasing health consciousness among consumers and rising demand for healthy food products with low calorie levels.
The Middle East & Africa are also expected witness significant growth on account both offline.
Growth Factors:
- Increasing demand for healthy and organic food products.
- Rising disposable income of consumers in developing countries.
- Growing popularity of Mediterranean diet around the world.
- Proliferation of retail outlets that sell high quality extra virgin olive oil products at premium prices.
- increasing awareness about the health benefits associated with consumption of high quality extra virgin olive oil among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
High Quality Extra Virgin Olive Oil Market Research Report
By Type
Conventional, Organic
By Application
Food Service, Supermarkets/Hypermarkets, Departmental Stores, Specialty Stores, Online Retail
By Companies
Colavita, California, Burroughs Family Farms, Mr.Organic, Cobram Estate, ZOE, Cave Creek, Ellora Farms, Goya, Kouzini, Colavita
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global High Quality Extra Virgin Olive Oil Market Report Segments:
The global High Quality Extra Virgin Olive Oil market is segmented on the basis of:
Types
Conventional, Organic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Service, Supermarkets/Hypermarkets, Departmental Stores, Specialty Stores, Online Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Colavita
- California
- Burroughs Family Farms
- Mr.Organic
- Cobram Estate
- ZOE
- Cave Creek
- Ellora Farms
- Goya
- Kouzini
- Colavita
Highlights of The High Quality Extra Virgin Olive Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Conventional
- Organic
- By Application:
- Food Service
- Supermarkets/Hypermarkets
- Departmental Stores
- Specialty Stores
- Online Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Quality Extra Virgin Olive Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Extra virgin olive oil is a type of vegetable oil that has not been exposed to a chemical or heat treatment, such as bleaching or deodorizing. It is made from pure, cold-pressed olives.
Some of the major companies in the high quality extra virgin olive oil market are Colavita, California, Burroughs Family Farms, Mr.Organic, Cobram Estate, ZOE, Cave Creek, Ellora Farms, Goya, Kouzini, Colavita.
The high quality extra virgin olive oil market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Quality Extra Virgin Olive Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Quality Extra Virgin Olive Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Quality Extra Virgin Olive Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Quality Extra Virgin Olive Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Quality Extra Virgin Olive Oil Market Size & Forecast, 2018-2028
4.5.1 High Quality Extra Virgin Olive Oil Market Size and Y-o-Y Growth
4.5.2 High Quality Extra Virgin Olive Oil Market Absolute $ Opportunity
Chapter 5 Global High Quality Extra Virgin Olive Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Quality Extra Virgin Olive Oil Market Size Forecast by Type
5.2.1 Conventional
5.2.2 Organic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Quality Extra Virgin Olive Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Quality Extra Virgin Olive Oil Market Size Forecast by Applications
6.2.1 Food Service
6.2.2 Supermarkets/Hypermarkets
6.2.3 Departmental Stores
6.2.4 Specialty Stores
6.2.5 Online Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Quality Extra Virgin Olive Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Quality Extra Virgin Olive Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Quality Extra Virgin Olive Oil Analysis and Forecast
9.1 Introduction
9.2 North America High Quality Extra Virgin Olive Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Quality Extra Virgin Olive Oil Market Size Forecast by Type
9.6.1 Conventional
9.6.2 Organic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Quality Extra Virgin Olive Oil Market Size Forecast by Applications
9.10.1 Food Service
9.10.2 Supermarkets/Hypermarkets
9.10.3 Departmental Stores
9.10.4 Specialty Stores
9.10.5 Online Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Quality Extra Virgin Olive Oil Analysis and Forecast
10.1 Introduction
10.2 Europe High Quality Extra Virgin Olive Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Quality Extra Virgin Olive Oil Market Size Forecast by Type
10.6.1 Conventional
10.6.2 Organic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Quality Extra Virgin Olive Oil Market Size Forecast by Applications
10.10.1 Food Service
10.10.2 Supermarkets/Hypermarkets
10.10.3 Departmental Stores
10.10.4 Specialty Stores
10.10.5 Online Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Quality Extra Virgin Olive Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Quality Extra Virgin Olive Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Quality Extra Virgin Olive Oil Market Size Forecast by Type
11.6.1 Conventional
11.6.2 Organic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Quality Extra Virgin Olive Oil Market Size Forecast by Applications
11.10.1 Food Service
11.10.2 Supermarkets/Hypermarkets
11.10.3 Departmental Stores
11.10.4 Specialty Stores
11.10.5 Online Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Quality Extra Virgin Olive Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America High Quality Extra Virgin Olive Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Quality Extra Virgin Olive Oil Market Size Forecast by Type
12.6.1 Conventional
12.6.2 Organic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Quality Extra Virgin Olive Oil Market Size Forecast by Applications
12.10.1 Food Service
12.10.2 Supermarkets/Hypermarkets
12.10.3 Departmental Stores
12.10.4 Specialty Stores
12.10.5 Online Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Quality Extra Virgin Olive Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Quality Extra Virgin Olive Oil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Quality Extra Virgin Olive Oil Market Size Forecast by Type
13.6.1 Conventional
13.6.2 Organic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Quality Extra Virgin Olive Oil Market Size Forecast by Applications
13.10.1 Food Service
13.10.2 Supermarkets/Hypermarkets
13.10.3 Departmental Stores
13.10.4 Specialty Stores
13.10.5 Online Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Quality Extra Virgin Olive Oil Market: Competitive Dashboard
14.2 Global High Quality Extra Virgin Olive Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Colavita
14.3.2 California
14.3.3 Burroughs Family Farms
14.3.4 Mr.Organic
14.3.5 Cobram Estate
14.3.6 ZOE
14.3.7 Cave Creek
14.3.8 Ellora Farms
14.3.9 Goya
14.3.10 Kouzini
14.3.11 Colavita
