Global Olive Oil Market to Reach USD 28.6 Billion by 2033, Driven by Health-Conscious Consumers, Organic Farming, and Mediterranean Diet Popularity

Phoenix Research projects a CAGR of 7.7% between 2025 and 2033, with Europe leading the market and Asia-Pacific emerging as the fastest-growing region

Singapore, October 17, 2025 — The Global Olive Oil Market is vibrantly transforming, driven by rising health consciousness, the global popularity of Mediterranean diets, and increasing demand for natural, plant-based, and heart-healthy edible oils. Olive oil — celebrated for its rich antioxidants, monounsaturated fats, and anti-inflammatory properties — is evolving from a culinary ingredient into a wellness staple supporting cardiovascular health, skin nourishment, and holistic wellbeing.

According to Phoenix Research’s Demand Forecast Engine, the Global Olive Oil Market is estimated at USD 15.7 billion in 2025 and projected to reach approximately USD 28.6 billion by 2033, expanding at a CAGR of 7.7% (2025–2033). Europe continues to dominate global production and exports, while Asia-Pacific and North America are emerging as dynamic growth regions due to the rising influence of premium, functional, and clean-label dietary choices.

“Olive oil has become far more than a kitchen ingredient — it’s a symbol of sustainable wellness and mindful living. With consumers prioritizing purity, transparency, and traceable sourcing, the market is entering a golden era of innovation. Brands investing in organic farming, cold-press technology, and AI-driven supply chain optimization will define the next wave of leadership,”
said Rachna Patni, Senior Research Analyst, Phoenix Research.

Key Drivers of Global Olive Oil Market Growth

1. Rising Health & Wellness Awareness

Consumers are increasingly choosing heart-healthy oils rich in antioxidants and omega fatty acids, fueling demand for extra virgin and cold-pressed olive oils.

2. Growing Popularity of Mediterranean and Functional Diets

Mediterranean-inspired diets are encouraging global olive oil use, both as a cooking essential and a functional food for health maintenance.

3. Expansion of Organic and Sustainable Farming

Producers are investing in eco-friendly olive cultivation, organic certifications, and carbon-neutral practices to appeal to environmentally conscious buyers.

4. Increasing Use in Cosmetics & Pharmaceuticals

Olive oil’s antioxidant and moisturizing properties are driving its inclusion in skincare, haircare, and nutraceutical applications.

5. E-commerce & Premium Retail Growth

The rise of gourmet online platforms and specialty retail outlets is boosting global accessibility and brand diversity.

Global Olive Oil Market Segmentation

By Product Type

• Extra Virgin Olive Oil

• Virgin Olive Oil

• Pure/Refined Olive Oil

• Pomace Olive Oil

• Organic Olive Oil

By Application

• Food & Beverage (Cooking, Salads, Bakery)

• Pharmaceuticals & Nutraceuticals

• Cosmetics & Personal Care

• Foodservice & Hospitality

By Distribution Channel

• Supermarkets & Hypermarkets

• Online/E-commerce Platforms

• Specialty & Gourmet Stores

• Convenience & Departmental Stores

By End User

• Residential Consumers

• Commercial (Hotels, Restaurants, Cafes)

• Industrial Food Processors

Global Olive Oil Market Regional Insights

Europe – Largest Global Olive Oil Market

Spain, Italy, and Greece lead global production and exports, setting purity and quality benchmarks for extra virgin and organic olive oils.

North America

The U.S. and Canada are witnessing rapid adoption of plant-based cooking oils and functional dietary habits, driving demand for authentic olive oil brands.

Asia-Pacific – Fastest Growing Global Olive Oil Market

Countries like India, Japan, and China are increasingly adopting olive oil for cooking and skincare, supported by urban health awareness and e-commerce penetration.

Middle East & Africa

Local olive farming investments and high-value imports are fueling market expansion in the UAE, Saudi Arabia, and South Africa.

Leading Companies in the Global Olive Oil Market

Prominent players include:
Deoleo S.A. (Bertolli, Carapelli, Carbonell) | Sovena Group | Cargill, Incorporated | Minerva S.A. | Salov Group (Filippo Berio) | Gallo Worldwide | Pompeian, Inc. | Colavita S.p.A. | California Olive Ranch | Olitalia S.R.L.

These companies are investing in sustainable sourcing, traceability systems, premium branding, and AI-enabled supply chain optimization to ensure quality consistency and consumer trust.

Strategic Intelligence and AI-Backed Insights

• Phoenix Demand Forecast Engine reveals accelerating growth driven by premiumization, functional nutrition, and organic product innovation.

• Consumer Sentiment Analyzer shows a strong global preference for authentic, unadulterated, and transparent olive oil brands.

• Sustainability Tracker highlights the rise of carbon-neutral and recyclable packaging practices among top producers.

• Porter’s Five Forces Analysis indicates moderate supplier power and heightened buyer awareness, encouraging fair trade and ethical sourcing.

Global Olive Oil Market Forecast Snapshot: 2025–2033

Why the Global Olive Oil Market Remains Critical

• Promotes heart health and supports functional wellness trends.

• Strengthens sustainable agriculture and ethical supply chains.

• Encourages culinary diversity and premium global trade.

• Expands potential in cosmetics, nutraceuticals, and gourmet segments.

• Reinforces consumer trust through purity, transparency, and certification.

Final Takeaway of Global Olive Oil Market

The Global Olive Oil Market is vibrantly evolving, bridging traditional Mediterranean excellence with modern wellness innovation. Brands that emphasize authenticity, sustainability, and transparency—while leveraging AI-powered intelligence and premium quality standards—are best positioned to lead in this expanding landscape.

At Phoenix Research, our AI-enabled demand forecasting, consumer analytics, and strategic insights empower stakeholders to seize emerging opportunities, strengthen brand trust, and achieve long-term leadership in the Global Olive Oil Market.

Report compiled and analyzed by Rachna Patni, Senior Research Analyst, Phoenix Research.

To get the entire report please use the below link

Global Olive Oil Market Size and Share Analysis 2025-2033