Europe Olive Oil Market to Grow with 9.6% from 2022 to 2027

According to Renub Research report titled “Europe Olive Oil Market Forecast 2021-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Opportunity Company Analysis” the Europe Olive Oil Market Size will be US$ 7.35 Billion by 2027. For ages, the majority of world’s olive oil market has revolved around the realms of European boundaries. Hence, Europe has remained the leading market for producing, consuming, importing, and exporting olive oil. In addition, mainly, the Mediterranean countries of Europe are dedicated to the cultivation of olives trees, combining traditional, intensive and super-intensive groves. Remarkably, demand for olive oil in Europe remains stable. However, import quantities sometimes are expected to fluctuate due to variable production in the central supplying countries of the region.

Europe Olive Oil Market to Grow with 9.6% from 2022 to 2027


Europe Olive Oil Market Size was US$ 3.86 Billion in 2020

The thriving consumer interest in olive oil in Europe has three main driving forces combined: the ever-increasing popularity of the Mediterranean diet, the increasing awareness of olive oil’s health benefits and the quality of certain types of olive oil. In addition, the promotions of single-origin premium olive oil and sustainable and ethical production methods have been favourable aspects for well-established market culture in recent years. Besides, the best opportunities for the market come from a country like Spain, Italy, Greece and Portugal.


The European market remains the number one producer, exporter and consumer of olive oil in the world. The producing countries account for millions of hectares of olive groves, primarily dedicated to olive oil production. In our report, four producing member states of Europe have been analyzed: Spain, Italy, Greece, and Portugal. As per our analysis, Spain accounts for the most dominant market share in the European region for olive oil. Moreover, in terms of trade, a strong demand spurred by consumer preferences will increase European exports.


Extra Virgin Olive Oil is anticipated for strong Performance in the Forecast Period:

Eight different categories of olive oils and olive-pomace oils exist extra-virgin olive oil, virgin olive oil, virgin lampante olive oil, refined olive oil, olive oil composed of refined olive oil and pure olive oils, olive pomace oil, crude olive-pomace oil, refined olive pomace oil. However, all categories are unavailable to be sold to consumers. As per our analysis, Extra Virgin Oil, Virgin Oil, Lampante, Pomace are some prominent demanded oil readily demanded by the consumer level.


Further, as per our analysis, virgin olive oils witness strong market share existence. Due to their expanding popularity among customers, Virgin olive oils are associated with spreading awareness concerning their health advantages in Europe. Omega-3 and oleic acid in virgin oil aid prevent lifestyle-related disorders such as obesity and cardiovascular complications.


The extra virgin oil is anticipated to exhibit strong growth in Europe due to its high utilization in pharmaceuticals, cosmetics, and cooking. Additionally, European families use extra virgin oil for cooking; it is extensively used in personal care products like skincare for numerous purposes such as massages, sports injuries, and reducing muscle fatigue.


Expanding Utilization of Olive Oil in European Retail and Foodservice Sector Propels Market Growth:

Additionally, the growing awareness concerning the role of olive oil in maintaining good health has exceptionally boosted the demand for various types of olive oil in pharmaceuticals, cosmetics and cooking industries. On the other side, retail has survived one of the most dynamically advancing realms that enable enterprises in the olive oil market to constantly be on their toes to observe their aim customers and sustain a customized strategy.

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In addition, the foodservice sector in Europe utilized olive oil for salad dressing and preparing cold foods. Wherein, olive oil is widely used in the making of various food products, essentially healthy snacks. The expanding demand for healthy snacks amongst users has compelled manufacturers to consolidate nutrient-rich ingredients such as olive fruit oil to enhance the value of the final product.


Key Players in the European Olive Oil Market:

In our report, some of the market’s key players embrace Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited. Players in the Olive Oil Market affirm many essential strategies. For instance, in 2020, Deoleo, the world’s leading olive oil producer with Bertolli extra virgin olive oil brands, drives biodiversity.


Europe Olive Oil Industry recovering from Impact of COVID-19:

The demand and sale of olive oil observed a sudden slump with the outbreak of the COVID-19 pandemic. Nationwide lockdown in several countries also resulted in the disruption of trade activities, which has slowed the growth of this industry. However, after months of market imbalance, 2021 marks a year tendering growth in the European Olive Oil Industry, concluding a positive note.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/europe-olive-oil-market-p.php 


According to the market study done by Renub Research, the progress in the Covid-19 vaccination campaign in Europe has positively affected the recovery of the Olive Oil Industry. The reopening of the foodservice supply chain, the restaurant and hospitality (Horeca) sector, and easing travel restrictions are the major supporting end-users boosting the market growth.


Market Summary:

  • Volume Analysis: We have analysed the volume of Production, Consumption, Import and Export in Europe Olive Oil Market.
  • Country: We have also studied the Olive Oil Production Volume in Spain, Italy, Greece, Portugal and Others.
  • Type: In our report we have studied Extra Virgin Oil, Virgin Oil, Other (Lampante, Pomace, etc
  • Industry: The report studies Pharmaceuticals, Cosmetics, Cooking and Others revolving industries of the market.
  • End-User: We have studied Food Service, Food Processing and Retail as major end users of the market.
  • Company: The report summarises Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited as key market players.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

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Europe Olive Oil Market Size was US$ 3.86 Billion in 2027

In the long term, olive oil is considered the most productive sector in Europe. It is an integral part of the consumption patterns of European consumers, likethe rising interest in healthier cooking and the Mediterranean diet. Olive oil is a potent anti-inflammatory agent and has been seen to protect against heart disease. It lowers blood pressure and infection while also preserving LDL particles from oxidation and possibly preventing blood clotting. The increasing interest in trying out exotic cuisines like Italian and Spanish has mainly contributed to the increased popularity of olive oil across Europe.

Europe olive oil market 2020 – 2027

Further, the olive oil industry is experiencing robust growth in Europe primarily due to the increasing demand for olive oil across the food service and retail channels. Maintaining overall fitness and wellness by shifting to healthier oil alternatives mainly drove the market’s growth. One of the major factors supporting the development of the olive oil market is the expanding interest in natural, cold-pressed and raw oils attributed to their safer and healthier counterparts. According to Renub research, Europe Olive Oil Market will be US$ 7.35 Billion by 2027.

Spain is the leading Producer, Exporter and Consumer of Olive Oil

Spain accounts for almost half of global olive oil production; other significant producers are Italy, Greece and Portugal. This is due to olive farming, one of the primary businesses in these countries due to the Mediterranean diet. Greece, Spain, Italy and Portugal are the primary producers and exporters in the region. Italy leads the industry in terms of imports and majorly imports olives from United States, China, Brazil, Japan and Turkey. Our research found that European Olive Oil Industry will grow with a good CAGR of 9.64% during 2020-2027.

Virgin Olive Oils are anticipated for strong Performance in Forecast Period

Virgin olive oils were the largest consumed oil in 2019, owing to their increasing popularity among customers attributed to the growing awareness regarding their health advantages in Europe. Omega-3 and oleic acid in virgin oil help prevent lifestyle-related disorders such as obesity and cardiovascular
diseases. The extra virgin oil is projected to exhibit substantial growth in Europe due to its rising utilization in Pharmaceuticals, the cosmetics industry and cooking. Besides, European households use extra virgin oil for cooking; it is widely used in personal care products like skincare for various purposes such as massages, sports injuries, and to reduce muscle fatigue, among others. As per this research report, Europe Olive Oil Market Size was US$ 3.86 Billionin 2020.

Growing Use of Olive Oil in European Retail and Foodservice Sector Propels Market Growth

Besides, the growing awareness regarding the role of olive oil in keeping good health has remarkably raised the demand for various types of olive oil in European retail channels. On the other side, retail has remained one of the most dynamically developing realms that enable olive oil market players to regularly be on their toes to discern their target customers and maintain a customized approach.

In addition, the foodservice sector in Europe used olive oil for salad dressing and preparing cold foods. Olive oil is widely utilized for the manufacturing of various food products, essentially healthy snacks. The growing demand for healthy snacks among users has necessitated manufacturers to incorporate nutrient-rich ingredients such as olive fruit oil to improve the value of the final product.

Impact of COVID-19 Pandemic on Europe Olive Oil Industry

The demand and sale of olive oil have observed a sudden slump because of the outbreak of the COVID-19 pandemic. Nationwide lockdown in several countries has resulted in the disruption of trade activities, which has slowed the growth of this industry. However, now with the improved situation the market of Europe Olive Oil is expected to revive in years to come.

Key Players in the European Olive Oil Industry

Some of the market’s key players include Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited, which continuously research. Players in the Olive Oil Market adopt many essential strategies. For instance, in 2020, Deoleo, the world’s leading olive oil producer with brands such as Bertolli extra virgin olive oil, leads in biodiversity.

Renub Research latest Report “Europe Olive Oil Market By Volume analysis (Production (Spain , Italy, Greece, Portugal, Others) Consumption , Import, Export) By Type (Extra Virgin Oil, Virgin Oil, Other (Lampante, Pomace, etc) By Industry (Pharmaceuticals, Cosmetics, Cooking, Others) By End User (Food Service, Food Processing, Retail) By Company Analysis (Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited)” studies the European Olive Oil Industry.

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Europe Olive Oil Volume Analysis

1. Production
2. Consumption
3. Import
4. Export

Country – Olive Oil Production Volume

1. Spain
2. Italy
3. Greece
4. Portugal
5. Others

Type – Global Olive Oil Market breakup from 3 viewpoints

1. Extra Virgin Oil
2. Virgin Oil
3. Other (Lampante, Pomace, etc)

Industry – Global Olive Oil Market breakup from 4 viewpoints

1. Pharmaceuticals
2. Cosmetics
3. Cooking
4. Others

End-User – Global Olive Oil Market breakup from 3 viewpoints

1. Food Service
2. Food Processing
3. Retail

All key players have been covered from 3 viewpoints

• Overviews
• Recent Developments
• Revenues

Company Analysis

1. Deoleo, S.A,
2. Del Monte Foods
3. Unilever Group
4. Semapa
5. Bunge Limited

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to- Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio- Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra- competitive markets.

Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web:https://www.renub.com
Follow on Linkedin:https://www.linkedin.com/company/renub-research