About Dipping Oil
Dipping Oil is a high-quality, minimally processed, unprocessed olive oil that has no chemicals and is high in nutrients. It keeps the flavour of olives and contains less oleic acid, making it one of the healthiest oils available. Dipping oil can be segmented into Mediterranean dipping oil, Balsamic dipping oil, Sicilian dipping oil, Moroccan dipping oil and Parmesan Dipping oil among others. Rising globalisation has increased the popularity of the regional cuisine flavourings around the world, and thus has led to the expansion of the dipping oil market. Spain and Italy account for most of dipping oil production. Currently Europe and North America are the major markets of the dipping oil, although Asia Pacific is steadily emerging as a major market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Dipping 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 and preference of consumers. Thus, constantly introducing new innovation in processing to meet the changing needs and preference of consumers. The companies are also planning strategies activities like partnerships, merger, and acquisition which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dipping 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.
McCormick & Company (United States), Olivier Napa Valley (United States), AAK (Sweden), California Olive Ranch, Inc. (United States), MamaGreek (Greece), Azienda Agricola Leone Sabino (Italy), Almazaras De La Subbetica (Spain), Broges SA (Spain), Paolo Bonomelli Boutique Olive Farm (Italy) and Deoleo, S.A. (Spain) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hacienda El Palo (Spain), Colavita USA, LLC (United States) and Oro Del Desierto (Spain).
Segmentation Overview
AMA Research has segmented the market of Global Dipping Oil market by Type (Mediterranean Dipping Oil, Sicilian Dipping Oil, Balsamic Dipping Oil, Moroccan Dipping Oil, Parmesan Dipping Oil and Others) and Region.
On the basis of geography, the market of Dipping 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 Nature, the sub-segment i.e. Regular will boost the Dipping Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Dipping Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Plastic Bottles will boost the Dipping Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Mediterranean Dipping Oil Accounts for Significant Market Share
Market Growth Drivers:
Rising Popularity of the Gourmet Oil Products and Increasing Globalisation has led to Rising Popularity of Regional Flavourings around the World
Challenges:
Presence of Counterfeit and Adulterated Products in Market
Restraints:
High Cost Compared to Regular Processed Cooking Oil
Opportunities:
Delivery Kitchens may Present Huge Potential for Expansion of Dipping Oil Market
Market Leaders and their expansionary development strategies
In 2021, Papadopoulos Group, a United States based conglomerate of ultra-premium luxury goods has announced acquisition of Eteo Goods L.P, the Greece based luxury goods company specialised in handmade porcelain and olive wood, organic, extra virgin olive oil. The integration of the Eteo Goods with other similar luxury brands would result in high acceleration of its growth. With the combined distribution network and aiding the luxury marketing expertise of the Papadopoulos group, both the companies can benefit from the deal.
In May 2023, Deoleo, the global leader in olive oil, resolidified its commitment to raising industry standards with a major step forward in the company's sustainability strategy. Years in the making, the company is launched new SKUs of the Bertolli and Carapelli brands that offer sustainability assurances to consumers nationwide.
Key Target Audience
Dipping Oil Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
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.