The olive oil market in Europe is expected to reach a projected revenue of US$ 22,361.7 million by 2030. A compound annual growth rate of 6% is expected of Europe olive oil market from 2024 to 2030.
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Europe olive oil market highlights
The Europe olive oil market generated a revenue of USD 14,888.1 million in 2023.
The market is expected to grow at a CAGR of 6% from 2024 to 2030.
In terms of segment, refined was the largest revenue generating type in 2023.
Virgin is the most lucrative type segment registering the fastest growth during the forecast period.
Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
Market revenue in 2023
USD 14,888.1 million
Market revenue in 2030
USD 22,361.7 million
Growth rate
6% (CAGR from 2023 to 2030)
Largest segment
Refined
Fastest growing segment
Virgin
Historical data covered
2018 - 2022
Base year for estimation
2023
Forecast period covered
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Refined, Virgin, Extra Virgin
Key market players worldwide
Deoleo SA, Borges, Cargill, Conagra Brands Inc, Molinos Rio De La Plata SA Shs -B- 1 Vote, Sonova Holding AG, Bright Food (Group), Fresh Del Monte Produce Inc, Modi Naturals, Pompeian
Other key industry trends
In terms of revenue, Europe region accounted for 64.2% of the global olive oil market in 2023.
Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
North America is the fastest growing regional market and is projected to reach USD 2,354.8 million by 2030.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Olive Oil Market Outlook will help companies and investors design strategic landscapes.
Refined was the largest segment with a revenue share of 30.95% in 2023.
Horizon Databook has segmented the Europe olive oil market based on refined, virgin, extra virgin covering the revenue growth of each sub-segment from 2018 to 2030.
Europe Olive Oil Market Type Outlook (Revenue, USD Million , 2018-2030)
Refined
Virgin
Extra Virgin
Others
Europe Olive Oil Market Packaging Outlook (Revenue, USD Million , 2018-2030)
Bottles
Pouches
Cans
Europe Olive Oil Market Application Outlook (Revenue, USD Million , 2018-2030)
Food & Beverage
Personal Care and Cosmetics
Pharmaceuticals
Others
Europe Olive Oil Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
Supermarkets & Hypermarkets
Convenience Stores
Online
Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Olive Oil Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Olive Oil Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.