Olive Oil Market In-depth coverage and various important aspects 2020-2027
The Olive Oil Market report covers the adverse impact of COVID-19 (Corona Virus Disease 2019) on the Olive Oil market. The Coronavirus (COVID-19) pandemic has brought several changes in the Olive Oil Market conditions and have also affected every aspect the business sector. This virus also hampers the growth Olive Oil market in various regions and many manufacturers are facing problems because of the rise and fall of the demand. As per the report, the Olive Oil market is set to grow at a CAGR of ~XX% over the forecast period (20XX-20XX) and reach a value of ~US$XX towards the end of 2029, COVID-19 pandemic is expected to dent the growth of the market particularly in 2020.
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Olive Oil Market: Segmentation
Olive Oil market report categorized the information and data according to the major geographical regions like,
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil, Rest of L.A.)
• Middle East and Africa (Turkey, GCC, Rest of Middle East)
Moreover, in February 2014, Cargill Inc. announced signing of an agreement with Dalmia Continental Pvt. Ltd (DCPL) to acquire its Leonardo Olive Oil business. Leonardo is a major olive oil brand and has significant presence in countries such as India. Therefore, the acquisition is expected to strengthen the market presence of Cargill Inc. in India.
Furthermore, Europe held significant market share in the global olive oil market in 2018 and is expected to maintain its dominance over the forecast period. This is attributed to increasing consumption of olive oil in the region in end-use industries. According to data released by Food and Agriculture Organization of the United Nations in January 2019, Europe accounted for largest market share in global virgin olive oil production accounting for 74.3% during 2004 to 2014. As per the same source, Spain ranked first in the list of top 5 global virgin olive oil producers during 2004 to 2014.
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Major players operating in the global olive oil market include Cargill, Inc., SOVENA, DEOLEO, COLAVITAS.p.a., Olivezia, Stone Axe Estate, PORTTABLE Produtos Alimentares, Lda., Castellodi Albola, Planeta, Empresa Esporão S.A., and Domaine De Marquiliani (Kermit Lynch Wine Merchant).
• Examining the size of the Olive Oil Market on the basis of value and volume
• Discovering key dynamics of the Olive Oil Industry.
• Highlighting trends of the Olive Oil Market in terms of production, revenue, and sales
• Deeply profiling top players of the Olive Oil Market
• Studying manufacturing processes and costs, product pricing, and various tendencies related to them
• Viewing the performance of different regions and countries in the Olive Oil Market
• Forecasting the market size and share of all segments, regions, and the global market.
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