Global Extra Virgin Olive Oil Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Category;

Organic and Conventional.

By Packaging;

Bottles & Jars, Cans, and Others.

By Distribution Channel;

Store-Based - Supermarket & Hypermarket, Convenience Stores, and Others Non-Store-Based.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn879258822 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Extra Virgin Olive Oil Market (USD Million), 2021 - 2031

In the year 2024, the Global Extra Virgin Olive Oil Market was valued at USD 1,490.24 million. The size of this market is expected to increase to USD 1,906.29 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.

The global extra virgin olive oil market has experienced significant growth over the past few years, driven by increasing consumer awareness of health and wellness. Extra virgin olive oil, known for its high nutritional value and rich flavor, is a staple in the Mediterranean diet and is gaining popularity worldwide. This premium olive oil variety is celebrated for its superior quality, produced from the first cold pressing of olives without the use of heat or chemicals. As consumers become more health-conscious and seek natural and organic food options, extra virgin olive oil is increasingly favored for its heart-healthy monounsaturated fats and antioxidant properties.

The market's expansion is also fueled by rising demand for gourmet and artisanal food products. Extra virgin olive oil is not only a health food but also a gourmet ingredient that enhances culinary experiences. The growing trend of gourmet cooking and the increasing interest in international cuisines have contributed to the rising demand for high-quality olive oil products. Furthermore, the trend towards sustainable and eco-friendly products aligns well with the production methods of extra virgin olive oil, which often emphasize traditional, environmentally friendly farming practices.

Geographical diversification is another key factor shaping the global extra virgin olive oil market. While Mediterranean countries like Spain, Italy, and Greece remain dominant producers, other regions are beginning to establish themselves in the market. Countries such as the United States, Australia, and Chile are increasingly investing in olive cultivation and production. This geographic expansion is not only broadening the market’s scope but also increasing the competition among producers, which can lead to innovations in product offerings and improvements in quality.

The global extra virgin olive oil market is expected to continue its upward trajectory. Innovations in packaging, marketing strategies, and the introduction of new product lines, such as flavored and infused olive oils, are anticipated to drive further growth. Additionally, increasing consumer education about the benefits of extra virgin olive oil and the expanding distribution channels through online platforms are likely to support the market’s development. Overall, the future of the extra virgin olive oil market looks promising, with ongoing opportunities for growth and expansion across diverse consumer segments.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Category
    2. Market Snapshot, By Packaging
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Extra Virgin Olive Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health-conscious consumer trends
        2. Growing demand for premium oils
        3. Increase in Mediterranean diets
        4. Rising popularity of organic products
      2. Restraints
        1. High production costs
        2. Price volatility in markets
        3. Limited supply of olives
        4. Strict regulatory standards
      3. Opportunities
        1. Expansion into emerging markets
        2. Innovations in product offerings
        3. Increased use in foodservice
        4. Growth in online retail channels
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Extra Virgin Olive Oil Market, By Category, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    2. Global Extra Virgin Olive Oil Market, By Packaging, 2021 - 2031 (USD Million)
      1. Bottles & Jars
      2. Cans
      3. Others
    3. Global Extra Virgin Olive Oil Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Store-Based
        1. Supermarket & Hypermarket
        2. Convenience Stores
        3. Others
      2. Non-Store-Based
    4. Global Extra Virgin Olive Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Filippo Berio
      2. Bertolli
      3. California Olive Ranch
      4. Colavita
      5. Lucini Italia
      6. Carapelli
      7. Goya Foods
      8. De Cecco
      9. Kirkland Signature
      10. La Tourangelle
  7. Analyst Views
  8. Future Outlook of the Market