NEW YORK, June 9, 2023 /PRNewswire/ --
Market Share Along with Major Challenges and Upcoming Trends
A key driver for the olive market is the growing demand from the food industry. When olives are harvested, they are at various stages of ripeness, and this results in the variety of olives that are sold on the market. Different types of olive oil are available based on the extraction method, variety, quality, degree of acidity, and sensory characteristics. Virgin olive oil, extra virgin olive oil, pure olive oil, and lampante olive oil are the most popular varieties of olive oil used in commerce. During the forecast period, these factors are anticipated to fuel the growth of the global olive market. However, the olive market is set to decelerate at a CAGR of 3.7% during 2022 and 2027. The market size is expected to decline by 911.64 thousand tons.
During the forecast period, Europe is anticipated to contribute 44% to the growth of the global market. The regional trends and drivers that will shape the market over the course of the forecast have been thoroughly explained by Technavio's analysts.
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Here are some of the challenges faced in the olive market:
- Lack of awareness among farmers: The main internal challenges are the fragmentation of the olive production base, inadequate farmer knowledge of market trends and demand characteristics, improper packaging, an unknown geographic indication of Irbid olives, poor marketing performance, a lack of effective branding, as well as a lack of coordination between farmers and mills that frequently results in quality degradation. The competition in export markets, lack of confidence in the quality of domestic consumer goods, and climate change, which has been causing unpredictable rainfall in recent years, are the main external challenges. The expansion of the global olive market during the forecast period may be hampered by these factors.
- Vulnerabilities and challenges in value chains of olive market:
- Italian olive crisis hindering Europe's vulnerable supply
Here are the highlights on the Trends to overcome challenges.
- Expansion of olive production out of Mediterranean nations: In the past, Mediterranean countries dominated and concentrated the production of olives. The production base has grown over the past 20 years to include countries like the USA, Australia, Chile, and most recently China and India which were previously net importers. Even though less than 2% of the world's olive oil is produced in these countries, their presence has a positive effect on the market on a global level because the new entrants aim to replace imports with domestically produced goods and expand their export market share. During the anticipated period, this trend is anticipated to fuel market expansion.
- Mechanization and dense groves
- Higher percentage of extra virgin production
The report also provides major insights into the consumer base under the premium product category and new product launches that help vendors establish long-term relationships with end-users and consumers.
Unveil the untapped potential of such emerging challenges and trends Click & get Latest Sample Report!
Every Information on Vendor Analysis of Olive Market 2023-2027:
The full report consists a detailed analysis of Top 15 vendors operating in the Olive Market, including :
- 2Brothers Company
- ACEITUNA GREEN SL
- Adamakis Olives
- Apollo Pharmacies Ltd.
- B.R. Cohn
- Cargill Inc.
- Dcoop S. Coop.
- Deoleo SA
- Eugene Brunel
- Filippo Berio USA Ltd.
- FRUYPER SA
- GAIA olives
- Gallo
- Grup Pons
- MINERVA S.A
- OLIVA OLIVA INTERNET SL
- Olive line international SL
- SCAMILLA OLIVES
The report is backed with competitive intelligence and benchmarking and is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Vendor Offerings of Truffle Market-
- Special Food Industry International- The company is a leading Egyptian manufacturer exporting olives, olive oil, and pickled vegetables in bulk.
- Texas Hill Country Olive Co.- The company offers award-winning extra virgin Texas olive oils which are made with varieties of olives that are grown on site at olive orchard in Dripping Springs, Texas.
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Related Report:
Organic Edible Oil Market : The organic edible oil market is estimated to grow at a CAGR of 10.33% between 2022 and 2027. The size of the market is forecast to increase by USD 3,126.37 million.
Cottonseed Oil Market : The Cottonseed Oil Market is projected to increase by 965.24 thousand tons from 2022 to 2027. The market is estimated to grow at a CAGR of 3.6% between 2022 and 2027. In 2017 the market size was valued at 4,779.13 thousand tons.
Olive Market Scope |
|
Report Coverage |
Details |
Page number |
143 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Decelerate at a CAGR of 3.7% |
Market growth 2023-2027 |
911.64 thousand tons |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
3.9 |
Regional analysis |
Europe, Middle East and Africa, North America, South America, and APAC |
Performing market contribution |
Europe at 44% |
Key countries |
US, Turkey, Spain, Italy, and Greece |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
2Brothers Company, ACEITUNA GREEN SL, Adamakis Olives, Apollo Pharmacies Ltd., B.R. Cohn, Cargill Inc., Dcoop S. Coop., Deoleo SA, Eugene Brunel, Filippo Berio USA Ltd., FRUYPER SA, GAIA olives, Gallo, Grup Pons, MINERVA S.A, OLIVA OLIVA INTERNET SL, Olive line international SL, SCAMILLA OLIVES, Special Food Industry International, and Texas Hill Country Olive Co. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand t)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand t)
- Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global olive market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global olive market 2017 - 2021 (thousand t)
- 4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 (thousand t)
- 4.3 Distribution channel Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 (thousand t)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (thousand t)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (thousand t)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Food and beverage - Market size and forecast 2022-2027
- Exhibit 34: Chart on Food and beverage - Market size and forecast 2022-2027 (thousand t)
- Exhibit 35: Data Table on Food and beverage - Market size and forecast 2022-2027 (thousand t)
- Exhibit 36: Chart on Food and beverage - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Food and beverage - Year-over-year growth 2022-2027 (%)
- 6.4 Others - Market size and forecast 2022-2027
- Exhibit 38: Chart on Others - Market size and forecast 2022-2027 (thousand t)
- Exhibit 39: Data Table on Others - Market size and forecast 2022-2027 (thousand t)
- Exhibit 40: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Application
- Exhibit 42: Market opportunity by Application (thousand t)
7 Market Segmentation by Distribution Channel
- 7.1 Market segments
- Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)
- 7.2 Comparison by Distribution Channel
- Exhibit 45: Chart on Comparison by Distribution Channel
- Exhibit 46: Data Table on Comparison by Distribution Channel
- 7.3 Offline - Market size and forecast 2022-2027
- Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 (thousand t)
- Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 (thousand t)
- Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)
- 7.4 Online - Market size and forecast 2022-2027
- Exhibit 51: Chart on Online - Market size and forecast 2022-2027 (thousand t)
- Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 (thousand t)
- Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Distribution Channel
- Exhibit 55: Market opportunity by Distribution Channel (thousand t)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 57: Chart on Market share by geography 2022-2027 (%)
- Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 59: Chart on Geographic comparison
- Exhibit 60: Data Table on Geographic comparison
- 9.3 Europe - Market size and forecast 2022-2027
- Exhibit 61: Chart on Europe - Market size and forecast 2022-2027 (thousand t)
- Exhibit 62: Data Table on Europe - Market size and forecast 2022-2027 (thousand t)
- Exhibit 63: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 64: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.4 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 65: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
- Exhibit 66: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
- Exhibit 67: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 69: Chart on North America - Market size and forecast 2022-2027 (thousand t)
- Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 (thousand t)
- Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 73: Chart on South America - Market size and forecast 2022-2027 (thousand t)
- Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 (thousand t)
- Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 APAC - Market size and forecast 2022-2027
- Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 (thousand t)
- Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 (thousand t)
- Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.8 Spain - Market size and forecast 2022-2027
- Exhibit 81: Chart on Spain - Market size and forecast 2022-2027 (thousand t)
- Exhibit 82: Data Table on Spain - Market size and forecast 2022-2027 (thousand t)
- Exhibit 83: Chart on Spain - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Spain - Year-over-year growth 2022-2027 (%)
- 9.9 Italy - Market size and forecast 2022-2027
- Exhibit 85: Chart on Italy - Market size and forecast 2022-2027 (thousand t)
- Exhibit 86: Data Table on Italy - Market size and forecast 2022-2027 (thousand t)
- Exhibit 87: Chart on Italy - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Italy - Year-over-year growth 2022-2027 (%)
- 9.10 US - Market size and forecast 2022-2027
- Exhibit 89: Chart on US - Market size and forecast 2022-2027 (thousand t)
- Exhibit 90: Data Table on US - Market size and forecast 2022-2027 (thousand t)
- Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.11 Turkey - Market size and forecast 2022-2027
- Exhibit 93: Chart on Turkey - Market size and forecast 2022-2027 (thousand t)
- Exhibit 94: Data Table on Turkey - Market size and forecast 2022-2027 (thousand t)
- Exhibit 95: Chart on Turkey - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Turkey - Year-over-year growth 2022-2027 (%)
- 9.12 Greece - Market size and forecast 2022-2027
- Exhibit 97: Chart on Greece - Market size and forecast 2022-2027 (thousand t)
- Exhibit 98: Data Table on Greece - Market size and forecast 2022-2027 (thousand t)
- Exhibit 99: Chart on Greece - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Greece - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 101: Market opportunity by geography (thousand t)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 102: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 104: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 105: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 106: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 107: Matrix on vendor position and classification
- 12.3 2Brothers Company
- Exhibit 108: 2Brothers Company - Overview
- Exhibit 109: 2Brothers Company - Product / Service
- Exhibit 110: 2Brothers Company - Key offerings
- 12.4 ACEITUNA GREEN SL
- Exhibit 111: ACEITUNA GREEN SL - Overview
- Exhibit 112: ACEITUNA GREEN SL - Product / Service
- Exhibit 113: ACEITUNA GREEN SL - Key offerings
- 12.5 Adamakis Olives
- Exhibit 114: Adamakis Olives - Overview
- Exhibit 115: Adamakis Olives - Product / Service
- Exhibit 116: Adamakis Olives - Key offerings
- 12.6 Apollo Pharmacies Ltd.
- Exhibit 117: Apollo Pharmacies Ltd. - Overview
- Exhibit 118: Apollo Pharmacies Ltd. - Product / Service
- Exhibit 119: Apollo Pharmacies Ltd. - Key offerings
- 12.7 Cargill Inc.
- Exhibit 120: Cargill Inc. - Overview
- Exhibit 121: Cargill Inc. - Product / Service
- Exhibit 122: Cargill Inc. - Key news
- Exhibit 123: Cargill Inc. - Key offerings
- 12.8 Deoleo SA
- Exhibit 124: Deoleo SA - Overview
- Exhibit 125: Deoleo SA - Business segments
- Exhibit 126: Deoleo SA - Key offerings
- Exhibit 127: Deoleo SA - Segment focus
- 12.9 Eugene Brunel
- Exhibit 128: Eugene Brunel - Overview
- Exhibit 129: Eugene Brunel - Product / Service
- Exhibit 130: Eugene Brunel - Key offerings
- 12.10 FRUYPER SA
- Exhibit 131: FRUYPER SA - Overview
- Exhibit 132: FRUYPER SA - Product / Service
- Exhibit 133: FRUYPER SA - Key offerings
- 12.11 GAIA olives
- Exhibit 134: GAIA olives - Overview
- Exhibit 135: GAIA olives - Product / Service
- Exhibit 136: GAIA olives - Key offerings
- 12.12 Grup Pons
- Exhibit 137: Grup Pons - Overview
- Exhibit 138: Grup Pons - Product / Service
- Exhibit 139: Grup Pons - Key offerings
- 12.13 OLIVA OLIVA INTERNET SL
- Exhibit 140: OLIVA OLIVA INTERNET SL - Overview
- Exhibit 141: OLIVA OLIVA INTERNET SL - Product / Service
- Exhibit 142: OLIVA OLIVA INTERNET SL - Key offerings
- 12.14 Olive line international SL
- Exhibit 143: Olive line international SL - Overview
- Exhibit 144: Olive line international SL - Product / Service
- Exhibit 145: Olive line international SL - Key offerings
- 12.15 SCAMILLA OLIVES
- Exhibit 146: SCAMILLA OLIVES - Overview
- Exhibit 147: SCAMILLA OLIVES - Product / Service
- Exhibit 148: SCAMILLA OLIVES - Key offerings
- 12.16 Special Food Industry International
- Exhibit 149: Special Food Industry International - Overview
- Exhibit 150: Special Food Industry International - Product / Service
- Exhibit 151: Special Food Industry International - Key offerings
- 12.17 Texas Hill Country Olive Co.
- Exhibit 152: Texas Hill Country Olive Co. - Overview
- Exhibit 153: Texas Hill Country Olive Co. - Product / Service
- Exhibit 154: Texas Hill Country Olive Co. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 155: Inclusions checklist
- Exhibit 156: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 157: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 158: Research methodology
- Exhibit 159: Validation techniques employed for market sizing
- Exhibit 160: Information sources
- 13.5 List of abbreviations
- Exhibit 161: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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