In 2022, domestic olive oil consumption in the United States amounted to approximately ******* metric tons. This constitutes a decrease in consumption of ****** metric ton as compared to the previous year. A clear trend of growth in olive oil consumption is visible but fluctuations in consumption from year to year are common. Global consumption of Olive Oil In 2022/23, the global consumption volume of olive amounted to roughly *** million metric tons. The European Union is the leading consumer of olive oil in the world. Approximately *** million metric tons are consumed within the European Union. Global production of Olive Oil The largest producer of olive oil by region is the EU-27, which produced approximately *** million metric tons in 2019/2020. The EU-27 was followed by Turkey and Tunisia, which produced approximately ******* metric tons each. The global olive oil market was valued at ***** billion U.S. dollars and is forecasted to reach **** billion by 2028.
This statistic shows the consumption of olive oil worldwide from 2012/13 to 2024/25. In 2023/24, the global consumption volume of olive oil amounted to about **** million metric tons and is expected to increase to about **** million metric tons in 2024/25.
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Discover the growth projections for the olive oil market in the United States, with an expected increase in both volume and value over the next decade.
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The article discusses the rising demand for virgin olive oil in the United States, projecting a steady increase in consumption over the next decade. Market performance is expected to grow at a moderate rate, with volume reaching 310K tons and market value reaching $2.9B by 2035.
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Discover the latest trends in the United States virgin olive oil market with a forecasted increase in consumption over the next decade. Market performance is expected to slow down but still show growth in both volume and value terms.
This graph shows the sales of the leading 10 olive oil brands of the United States in 2018. In that year, private label olive oil brands, generated about ***** million U.S. dollars in sales.
Olive oil
As far as oils go, olive oil is widely considered to be very healthy. Studies claim olive oil promotes heart health, provides high amounts of cancer- and wrinkle-fighting antioxidants, and is a good source of healthy fat. This may be one reason why olive oil consumption in the U.S. has gone up in recent years. Olive oil has a relatively low smoke point and is best suited for being eaten in cold, for example with salad or bread.
Extra-virgin grade olive oil is the best quality of olive oil, above virgin olive oil and regular olive oil. The oil is extracted from the olive using a mechanical cold- press process. The resulting oil has a taste and odor superior to other grades of oil, as well as greater health benefits. Many olive oils sold as “extra virgin” are actually falsely labeled in an attempt to capitalize on this oil’s appeal. Standards exist within the olive oil industry, but they are largely unenforced and ignored.
Bertolli is one of leading name brand producers of olive oil and Italian-style food products in the United States. The company traces its origins back to a small store in Lucca, Italy opened in 1865 by Francesco Bertolli. Today the brand is owned by Unilever.
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Italy Olive Oil Demand rose 1.9% in 2019, compared to a year earlier. Need to compare country statistics and get a global overview? Find all data easily.
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Learn about the increasing demand for virgin olive oil in the United States and how the market is expected to grow over the next decade. Market performance is projected to show steady growth, with volume reaching 310K tons and market value reaching $2.9B by 2035.
Olive oil consumption within the European Union (EU) was forecast to increase slightly until 2035. The annual volume is projected to increase significantly to around 1.55 million tons by 2020. The projected consumption in 2035 is about 1.48 million tons.
In 2021, the leading countries for olive oil consumption within Europe were Spain and Italy. That year each country consumed 510 thousand tons of olive oil. The third largest consumer of olive oil within Europe was France, consuming about *** thousand tons of olive oil that year.
In 2023, the olive oil consumption in Brazil amounted to ** thousand metric tons, up from ** thousand metric tons consumed a year earlier. The highest peak in olive oil consumption in the country during the reported period was reached twice, in 2019 and 2021, when *** thousand metric tons of the product were consumed.
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The United States is seeing a growing demand for refined olive oil, with market consumption expected to continue to rise over the next decade. Forecasts predict a steady increase in market volume and value, with a projected increase of 807K tons and $2.4B by 2035.
In the fiscal year 2024, approximately **** kilograms of olive oil were consumed per capita in Australia, a decrease from the previous year. Most of the olives produced across the country are grown for olive oil production.
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Learn about the increasing demand for refined olive oil in the United States and the projected market trends for the next decade, including expected growth in volume and value terms.
In the market year 2024, the consumption volume of olive oil in Japan amounted to around ** thousand metric tons. This represented a recovery from a **************** thousand metric tons of olive oil consumed in the previous year.
In the period from ************ to **************, an estimated ******* metric tons of olive oil were consumed in Italy. This was a slight decreas ecompared to the previous year. In the crop year 2023/2024, ******* tons of olive oil were forecast to be consumed. Worldwide production of olive oil amounted to around *** million metric tons. Regular consumers Italians are regular consumers of olive oil. Results of a survey conducted in 2017 indicated that ** percent of them consumed it daily. In 2018, another poll showed that in ** percent of cases, they purchased extra virgin olive oil. This commonly consumed olive oil is extracted mechanically from olives and has less than *** percent acidity. Directly from the producer A survey about purchase channels of olive oil in Italy revealed that in 2017, a significant share of households bought olive oil directly from the producer. Interestingly enough, **** percent of respondents of the same poll consumed a limited amount (about *** percent) of their own produced olive oil.
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Explore the latest research on the global olive oil market, which is poised for steady growth in both volume and value over the next decade. Find out the projected market trends and expected increase in consumption.
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Growing health consciousness, culinary diversity, and demand for premium oils fuel the optimistic outlook for the United States' olive oil market by 2028.
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Learn about the growing demand for virgin olive oil in the Middle East and the projected market trends for the next decade. By 2035, the market volume is expected to reach 662K tons and the market value to increase to $3.3B in nominal prices.
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The North American Olives Market size was valued at USD 6.90 Million in 2023 and is projected to reach USD 10.20 Million by 2032, exhibiting a CAGR of 5.74 % during the forecast periods. The North American olives market is characterized by a growing demand driven by health-conscious consumers and culinary trends. The market includes various types of olives, such as green and black, available in different forms—whole, sliced, pitted, and stuffed. Technological advancements in cultivation and processing have improved yield and quality, enhancing the market's competitiveness. Applications of olives span across food and beverage industries, particularly in Mediterranean and health-focused cuisines. The market's impact includes promoting sustainable agricultural practices and contributing to the economy through job creation and trade. Advantages include the nutritional benefits of olives, such as being rich in healthy fats, antioxidants, and vitamins, which cater to the increasing preference for nutritious food options. Recent developments include: February 2023: The University of Florida/Institute of Food and Agriculture Sciences approved a nearly USD 70,000-worth grant for evaluating olive as a new cash crop for Florida. In addition, the Florida Olive Council funded USD 5,000 for the project., September 2022: Bell-Carter Foods (one of the largest table olive producers in the world and in the United States), a California-based firm, was acquired by the Aceitunas Guadalquivir (AG Olives) company. Such acquisitions help the business to meet the soaring demand for all forms and varieties of Lindasy brand olives produced and packaged in California.. Key drivers for this market are: Rising Consumption of Cashew Nuts in the Country, Favorable Government Initiatives. Potential restraints include: Hazardous Climatic Condition Hinders Cashew Production, Stringent Regulations Related to Food Quality Standards. Notable trends are: Dietary Revolution Leading to Upsurge in Demand for Olive Oil.
In 2022, domestic olive oil consumption in the United States amounted to approximately ******* metric tons. This constitutes a decrease in consumption of ****** metric ton as compared to the previous year. A clear trend of growth in olive oil consumption is visible but fluctuations in consumption from year to year are common. Global consumption of Olive Oil In 2022/23, the global consumption volume of olive amounted to roughly *** million metric tons. The European Union is the leading consumer of olive oil in the world. Approximately *** million metric tons are consumed within the European Union. Global production of Olive Oil The largest producer of olive oil by region is the EU-27, which produced approximately *** million metric tons in 2019/2020. The EU-27 was followed by Turkey and Tunisia, which produced approximately ******* metric tons each. The global olive oil market was valued at ***** billion U.S. dollars and is forecasted to reach **** billion by 2028.