- Press Release -

Rockville, Md. The global olive oil market is set to exceed US$ 11 Bn by 2022 on moderate growth, according to Fact.MR. Long tied to the countries bordering the Mediterranean, olive oil has built a worldwide following on its health credentials as a cooking oil and its widening use in industries as varied as pharmaceuticals and cosmetics.

Processed oil dominates the product mix, Europe leads by region on the strength of its heritage, and food processors form a meaningful share of demand. Asia Pacific excluding Japan is emerging as a driving force over the longer term.

Products, End Use and Channels

Processed oil holds close to three-fourths of revenue and is expected to stay dominant, with Europe alone contributing roughly a third, or just over US$ 2.4 Bn, by 2022. The virgin segment is much smaller, though Asia Pacific excluding Japan already approaches US$ 700 Mn in 2017 and is a clear target for producers. Food processors take about a quarter of demand by end user, with Europe on track for the highest CAGR and a value nearing US$ 1 Bn by 2022. On distribution, e-commerce holds over a fifth and carries strong long-term potential as connectivity and smartphone access spread across emerging markets.

Europe stays the largest region, pushing past US$ 3 Bn by the close of the period, while Asia Pacific excluding Japan grows fast and is set to become a major contributor over time.

Health and Versatility Drive Demand

The market rests on olive oil's dual appeal. Its recognised health benefits keep it central to cooking, while its properties open steady demand in pharmaceuticals and cosmetics. That breadth of use, combined with rising interest in emerging markets, supports growth through the forecast period.

Suppliers and Their Playbook

The field brings together large agri-processing and edible oil companies.

• The Adani Wilmar Ltd., Adams Group Inc., Ruchi Soya Industries Ltd., Bunge Limited., Cargill Inc, Associated British Foods (Ach), and Archer Daniels Midland Company are among the key players in the report.

Reading the Market for Decisions

For producers, growth favours processed oil and a stronger e-commerce presence, with the virgin segment offering room in Asia Pacific. Investors get a large market with steady, health-led demand. Procurement teams can plan around processed oil carrying volume and Europe holding the largest share while Asia Pacific grows fastest through 2022.

About the Report

Fact.MR's study covers the global olive oil market for the 2017 to 2022 forecast period, with segmentation by product type, end user, distribution channel and region. It sizes each segment, maps the competitive field, and weighs the demand forces shaping the market. Further detail is available in the olive oil market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.