About Organic Virgin Olive Oil
The Virgin means the olives have been pressed to extract the oil, no heat or chemicals have been used during the extraction process, and the oil is pure and unrefined. Virgin olive oil contain the highest level of polyphenols, antioxidant that have been linked with the better health. The virgin olive oil providing great nutritional properties due to its balanced fatty acid composition and presence of phenolic compounds, as well as unique sensory quality. Increased demand for olive oil in the food service and retail industries is a major factor driving the market growth.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
CAGR | 3.8% |
Organic Virgin Olive Oil is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Organic Virgin Olive Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Deoleo (Spain), SOVENA (Portugal), GRUPPO SALOV (Italy), Del Monte Foods Private Limited (India), California Olive Ranch (United States), Modi Naturals Limited (India), Borges International Groups (Spain), POMPEIAN (United States), Cargill (United States) and Conagra Brands (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Colavita LLC (United States), Aceites (Spain) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Organic Virgin Olive Oil market by Type (Extra Virgin Oil, Virgin Olive Oil, Pure Olive Oil and Light Olive Oil), Application (Food, Cosmetic, Pharmaceuticals and Others) and Region.
On the basis of geography, the market of Organic Virgin Olive Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Disturbution Channel, the sub-segment i.e. Supermarket & Hypermarket will boost the Organic Virgin Olive Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Commercial will boost the Organic Virgin Olive Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing use of virgin olive oil in food and skincare products.
Market Growth Drivers:
Increasing demand for natural and organic food product. and Health-conscious consumer behaviors.
Challenges:
The effecting yield quality due to climate sensitivity. and Labour intensive harvesting.
Restraints:
Counterfeit and adulteration concerns. and Fluctuation in prices and supply of virgin olive oil.
Opportunities:
The advancement of product innovation in organic virgin olive oil. and The increasing demand in emerging market.
Market Leaders and their expansionary development strategies
In April 2023, Colavita acquired O Olive Oil & Vinegar. As part of acquisition, colavita taken on the O brand’s line, which includes organic extra virgin olive oil, champagne vinegar and sherry vinegar.
In April 2023, California Olive Ranch launched new collection of aluminium bottled oils. This collection is fully recyclable aluminium bottles in is an expansion of the brand’s commitment to sustainability and quality. By creating its smallest, most lightweight bottle to date, the California olive ranch brand remains committed to meeting the needs of consumers by offering a more affordable price point to their best-selling premium olive oil.
Key Target Audience
Organic Virgin Olive Oil manufacturer, Organic Virgin Olive Oil Provider, Investor, Research & Development, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.