Olive Oil Production
The Olive Oil Production industry has taken off in the five years to 2018. Olive oil is an increasingly popular food product, and domestic food producers have decided to take on production themselves rather than rely fully on imported olive oil. Consequently, the industry has grown over the past five years. Health benefits explain a large part of olive oil's popularity; significant media attention has been devoted to its antioxidant, anti-inflammatory and anticlotting properties, much of which is due to the product's high phenolic compound content. A growing number of health-conscious consumers is supporting industry demand. Industry demand and revenue will likely continue to rise, albeit at a slower pace, over the five years to 2023. Consumers will remain conscious about their health and demand more olive oil for its health benefits. Domestic producers in this burgeoning industry will expand production and continue to take advantage of the large domestic market for the product.
This industry makes edible oil out of olives, including different grades like refined olive oil, virgin olive oil and extra-virgin olive oil. Generally, olive oil producers retail products to wholesalers, supermarkets and online retailers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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