Market Overview:
The global organic extra virgin olive oils market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for organic food products, rising awareness about the benefits of consuming organic foods, and growing inclination of consumers towards healthy eating habits. In addition, the increasing popularity of Mediterranean cuisine is also propelling the growth of this market. Based on type, the global organic extra virgin olive oils market can be segmented into PDO / DOP and PGI / IGP segments. The PDO / DOP segment is projected to account for a larger share in terms of revenue in 2018 as compared to that accounted by PGI / IGP segment owing to higher prices commanded by products carrying these labels as compared with those carrying other types such as Protected Geographical Indication (PGI) or protected designation of origin (PDO). However, over the forecast period from 2018-2030, both segments are expected witness significant growth rates due primarily to rising demand for high quality and authentic olive oils across regions worldwide. On basis application wise food service sector currently dominates with highest share but home usage will surpass it by 2023 .
Product Definition:
Organic extra virgin olive oil is made of pure, cold-pressed olives. It has a fruity, peppery taste and a slightly bitter aftertaste. It's great for salad dressings, dips, and spreads.
PDO / DOP:
Polydextrose / Polydextrin Oils (PDO) and Dextrose Monopolymer (DOP) are two major ingredients used in the manufacturing of organic extra virgin olive oils. PDO is a highly refined, bleached white crystalline powder derived from sugarcane or corn starch.
PGI / IGP:
PGI/IGP is a certification that indicates the level of purity and quality of the extra virgin olive oil. PGI/IGP status can only be achieved by using 100% organic EVOO, which has been produced in compliance with specific geographical conditions and cultural traditions. The oils must also comply with stringent international standards such as ECOCERT ICO, USDA Organic Regulations, etc.
The International Olive Oil Council (IOOC) was formed in 1951 to promote the production.
Application Insights:
The food service application segment led the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to its ability to offer a high concentration of nutrients and antioxidants, which helps prevent various diseases such as heart disease, diabetes and cancer.
The product has an extensive use in salad dressings, bread dips and sauces where it acts as a source of nutrition for people having dietary restrictions against meat or fish products. It is also used for preparing cold appetizers & snacks that help maintain healthy diets of office workers and students. These factors are anticipated to drive demand from the food service sector over the forecast period.
Home consumers prefer organic EVOO due to its superior taste compared with conventional cooking oils such as soybean oil, palm oil etc.
Regional Analysis:
Europe was the largest market for organic EVOO, accounting for more than 35% of global revenue in 2017. The region is expected to continue its dominance over the forecast period owing to high consumer awareness and preference for healthy lifestyle. North America is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 due to increasing health consciousness among consumers and rising adoption of veganism as a dietary lifestyle choice by many millennials in U.S., Canada, and Mexico. Asia Pacific is anticipated to be one of the promising regions with China being one of its key markets accounting for around 30% share in 2017 owing both production as well as consumption sides across this region which makes it an extremely influential player globally along with other countries such as India, Australia, Japan etc.
Growth Factors:
- Increasing demand for organic food products: The global market for organic foods is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth is driven by the increasing awareness about the benefits of organic foods, rising income levels in developing countries, and the growing number of health-conscious consumers.
- Rising consumer preference for healthy cooking oils: Extra virgin olive oil is considered one of the healthiest cooking oils as it contains monounsaturated fats that can help reduce bad cholesterol levels and promote heart health. Thus, there is a growing demand for extra virgin olive oils among consumers who are looking for healthier cooking options.
- Growing popularity of Mediterranean diet: The Mediterranean diet has been gaining popularity in recent years due to its many health benefits. Consisting mainly of fruits, vegetables, whole grains, legumes, fish, and healthy fats such as extra virgin olive oil, this diet helps reduce the risk of heart disease and other chronic diseases. As a result, more people are turning to extra virgin olive oil as an ingredient in their meals to follow a healthy diet pattern like the Mediterranean diet .
Scope Of The Report
Report Attributes
Report Details
Report Title
Organic Extra Virgin Olive Oils Market Research Report
By Type
PDO / DOP, PGI / IGP, Other
By Application
Food Service, Home
By Companies
California Olive Ranch, CHO America, Organic Roots Olive Oil, Jedwards International, Apollo Olive Oil, GloryBee, Essential Wholesale&Labs, Centra Foods, Sonoma Farm, Bozzano Olive Ranch, ENZO'S TABL, Bono, Monini, PIETRO CORICELLI
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Organic Extra Virgin Olive Oils Market Report Segments:
The global Organic Extra Virgin Olive Oils market is segmented on the basis of:
Types
PDO / DOP, PGI / IGP, Other
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, Home
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:
- California Olive Ranch
- CHO America
- Organic Roots Olive Oil
- Jedwards International
- Apollo Olive Oil
- GloryBee
- Essential Wholesale&Labs
- Centra Foods
- Sonoma Farm
- Bozzano Olive Ranch
- ENZO'S TABL
- Bono
- Monini
- PIETRO CORICELLI
Highlights of The Organic Extra Virgin Olive Oils 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:
- PDO / DOP
- PGI / IGP
- Other
- By Application:
- Food Service
- Home
- 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 Organic Extra Virgin Olive Oils 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.
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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?
Organic extra virgin olive oils are made from pure, cold-pressed olives. They are the highest quality olive oil available and have a fruity taste and a strong, pungent aroma.
Some of the major players in the organic extra virgin olive oils market are California Olive Ranch, CHO America, Organic Roots Olive Oil, Jedwards International, Apollo Olive Oil, GloryBee, Essential Wholesale&Labs, Centra Foods, Sonoma Farm, Bozzano Olive Ranch, ENZO'S TABL, Bono, Monini, PIETRO CORICELLI.
The organic extra virgin olive oils market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Organic Extra Virgin Olive Oils 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 Organic Extra Virgin Olive Oils Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Organic Extra Virgin Olive Oils 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 Organic Extra Virgin Olive Oils 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 Organic Extra Virgin Olive Oils Market Size & Forecast, 2020-2028 4.5.1 Organic Extra Virgin Olive Oils Market Size and Y-o-Y Growth 4.5.2 Organic Extra Virgin Olive Oils Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 PDO / DOP
5.2.2 PGI / IGP
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Food Service
6.2.2 Home
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Organic Extra Virgin Olive Oils 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 Organic Extra Virgin Olive Oils 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 PDO / DOP
9.6.2 PGI / IGP
9.6.3 Other
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 Market Size Forecast by Applications
9.10.1 Food Service
9.10.2 Home
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 PDO / DOP
10.6.2 PGI / IGP
10.6.3 Other
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 Market Size Forecast by Applications
10.10.1 Food Service
10.10.2 Home
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 PDO / DOP
11.6.2 PGI / IGP
11.6.3 Other
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 Market Size Forecast by Applications
11.10.1 Food Service
11.10.2 Home
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 PDO / DOP
12.6.2 PGI / IGP
12.6.3 Other
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 Market Size Forecast by Applications
12.10.1 Food Service
12.10.2 Home
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 PDO / DOP
13.6.2 PGI / IGP
13.6.3 Other
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) Market Size Forecast by Applications
13.10.1 Food Service
13.10.2 Home
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 Organic Extra Virgin Olive Oils Market: Competitive Dashboard
14.2 Global Organic Extra Virgin Olive Oils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 California Olive Ranch
14.3.2 CHO America
14.3.3 Organic Roots Olive Oil
14.3.4 Jedwards International
14.3.5 Apollo Olive Oil
14.3.6 GloryBee
14.3.7 Essential Wholesale&Labs
14.3.8 Centra Foods
14.3.9 Sonoma Farm
14.3.10 Bozzano Olive Ranch
14.3.11 ENZO'S TABL
14.3.12 Bono
14.3.13 Monini
14.3.14 PIETRO CORICELLI