Low Calorie Olive Oil Market:- Market Outlook
Low calorie olive oil is considered to be among the healthiest plant oil worldwide. Olive oil has beneficial results in gut microbiota and heart disease. Consumption of low calorie olive oil ensures weight control, blood pressure management and lowers bad cholesterol.
As well as the extra virgin olive oil can be beneficial in the prevention of cancer. Thus these benefits are increasing the demand for low calorie olive oil market.
A sedentary lifestyle has led to rising in various health issues like obesity in population thus the rising health awareness among consumers is another factor for the growth of low calorie olive oil market and most importantly the increased liver disorders right from youth to old age segment has made people extra cautious about their eating habits and thus consumers are preferring low calorie olive oil to curb the fat content and ensure liver detoxification.
Extra virgin oil olive is considered to be an effective source of low calorie olive oil as it is unprocessed and unrefined. Therefore it is a healthy option for consumers facing obesity health issues as in the process fat is extracted from the fruit.
The high content of polyunsaturated and monounsaturated fats makes it the most appealing option for health freaks as these beneficial fats give a feeling of fullness and help people who are trying to reach a healthy weight.
Low calorie olive oil is called the 'liquid gold' oil due to its versatility. Cooks not only use the oil for cooking purpose but also for preparing a nice dipping sauce for bread or it can be also used instead of butter and mayonnaise in sandwiches and salads. These tasty variations in low calorie olive oil are increasing the demand and ensuring long-term consumer engagement.
Consumers across the globe are adopting various cuisines and one of them being the Mediterranean cuisines have led consumers, including olive oil in their diets.
There has been growing popularity of European and Mediterranean cuisines, has led to a surge in the consumption of olive oil in East Asian countries and given a spur to the global olive oil industry and thus rising demand for low calorie olive oil market.
The nutritional benefits of consuming low calorie olive oil are that it prevents digestive disorders and diarrhea due to the presences of a high amount of strong anti-inflammatory properties and a larger amount of antioxidants from the olive fruit. Therefore low calorie olive oil has a lucrative opportunity for growth in the forecast period.
Low calorie olive oil is considered appropriate ingredient for Indian cooking especially for shallow frying and grilling because it ensures that the food absorbs less oil as well as provides nutritional benefit to a greater extent. Thus manufacturers are coming up with better aroma and flavours to attract a huge consumer base.
Also, various food joints, cafes and restaurants are mentioning olive oil in their ingredient list as a key ingredient due to the rising demand of low calorie olive oil market. Consumers are more concerned about the preparation process and the ingredients used in making the dish.
As terms, like grilled and baked, are gaining traction instead of fried due to the less oil content requirement by consumers, restaurants are opting for low calorie olive oil giving a boost to the demand of low calorie olive oil market.
As these foodservice outlets offer health spa cuisines that provide food items with high-quality ingredients and taste thereby impressing and attracting the audiences at these chains, and hence, is among the foremost driver propelling the growth of low calorie olive oil market.
Rising Preference for ‘Organic Food’ is expected to Increase the Demand for Low Calorie Olive Oil Globally
Organic is a key trend that has been observed in the current food and beverages industry. The emergence of the organic movement has propelled the demand for organic olive oil thus, increased demand for organic low calorie olive oil is anticipated to gain greater traction in the forecast period.
There is a concept called clean lunches which is widely followed. Consumption of clean lunches means consuming more whole food items which are low in fat content and therefore to prepare these clean lunches the use of low calorie olive oil is increasing drastically.
It is also witnessing significant demand from various end-use industries such as the bakery industry and hotel industry. Therefore the rising preference for organic food is eventually increasing the demand for low calorie olive oil market.
The vegan diet is also gaining immense popularity globally which is the foremost factor for the rising demand for low calorie olive oil market. A vegan diet demands all plant-based ingredients and olive oil is the healthiest source of plant oil increases low calorie olive oil demand in the vegan population.
Another reason for low calorie olive oil market to grow is an indulgence of tasty snacking items which are low in fat content. As consumers are looking for snacks that are loaded with beneficial ingredients but also satisfy hunger pangs. These snacks which are made up of low calorie olive oil are considered to be very healthy on the go snacking options.
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Low Calorie Olive Oil Market: Key Players
Some of the key players operating in the global low calorie olive oil market include
- Miguel Gallego S.A.
- Broges SA
- Gaea Fresh Greek Extra Virgin Olive Oil
- Paolo Bonomelli Boutique Olive Farm
- Almazaras de la Subbetica
- Cargill Incorporated.
- Hacienda el Palo Sl
- Sucesores de Hermanos Lopez SA
- Sovena Group
- Fieldfresh Foods Private Limited
- Gallo Worldwide Lda.
- California Olive Ranch|
- Basso Fedele & Figli Srl
Low Calorie Olive Oil Market: Regional Analysis
Europe holds a significant share in the global low calorie olive oil market as compared to the other regions as European countries like Spain and Italy are the primary suppliers of olive fruit oil to various countries in other regions.
As well as the population of the region believes in the consumption of low fat content food therefore they prefer cooking only in low calorie olive oil.
The rising awareness regarding the health benefits of omega- 3 and oleic acid which is present in olive fruit has significantly increased its demand in the retail and food sector in the region. As well olive fruit oil is considered to be an integral part of the Mediterranean diet thus giving rise to the demand for low calorie olive oil in the region.
The Asia Pacific is the fastest-growing region with enormous potential for the olive fruit oil industry. The rising purchasing power and the will to spend on healthcare products propelling the growth of the market.
Indian population is facing inflammatory bowel syndrome problems and colon issues which are leading to digestive system disorders thus the consumption of low calorie olive oil can improve the wellbeing of the patient and give relief from these health problems Therefore there is a lucrative opportunity for the manufacturers to target these regions.
The market of North America is well versed in low calorie olive oil because of the wide range of products and accessibility of products through the proper distribution channel and inclination for low calorie olive oil by the consumers.
There is a growing interest by consumers in healthy oils due to the hectic lifestyle. The rising demand for nutritional supplements to maintain overall health has increased the demand for low calories olive oil for the nutraceuticals sector and pharmaceuticals sector in the region.
The Low calorie olive oil market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the Low calorie olive oil market, including but not limited to regional markets, product type, source, nature, end user and distribution channel.
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The Study is a Source of Reliable Data on:
- Low calorie olive oil market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The Regional Analysis Covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- The Middle East and Africa (GCC, Southern Africa, and North Africa)
The Low calorie olive oil market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro-and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Low calorie olive oil market report projects the attractiveness of each major segment over the forecast period.
An Adaptive Approach to Modern-day Research Needs
Highlights of the Low calorie Olive Oil Market Report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the Low calorie olive oil market
- Recommendations to companies for strengthening their foothold in the Low calorie olive oil market
Low Calorie Olive Oil Market: Market Segmentation
Based on the product type, the global low calorie olive oil market is segmented into:
- Olive pomace oil
- Refined olive oil
- Extra virgin olive oil
- Virgin olive oil
Based on the source, the global low calorie olive oil market is segmented into:
- Green Ripe
- Moroccan Salt- Cured
Based on the nature, the global low calorie olive oil market is segmented into:
Based on the end user, the global low calorie olive oil market is segmented into:
- Food Industry
- Cosmetics and Personal Care
- Pet Foods
Based on the distribution channel, the global low calorie olive oil market is segmented into:
- B2B (Direct Sales)
- B2C (Indirect Sales)
- Convenience Stores
- Speciality stores
- Online Retail
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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