Olive Oil in Food and Beverages Market - Global Industry Analysis, Size, Share, Trends and Forecast 2015 – 2023

Olive Oil in Food and Beverages Market - Global Industry Analysis, Size, Share, Trends and Forecast 2015 – 2023

  • Submitted By: amyjames
  • Date Submitted: 12/02/2015 2:03 AM
  • Category: Business
  • Words: 988
  • Page: 4

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The global market for olive oil is growing at a significant pace globally, owing to its rising demand from various sections for
consumers. Olive oil accounts to be a key ingredient of the Mediterranean cuisine owing to the associated health benefits such
as fighting depression, reducing risk of cancer, preventing osteoporosis, and minimizing chances of cardiac diseases among
others, which acts as a major driver to the market. An increasing consumption trend in the Asia Pacific and North America is
boosting the demand for olive oil substantially. The major applications of olive oil is observed in the soaps, cosmetics and
pharmaceuticals, however, the adoption of olive oil in food and beverage in North America and Asia Pacific has fuelled the
growth of the market to a large extent. These factors are expected to continue driving the market for olive oil throughout the
forecast period.
The market for olive oil also experiences restraints such as limited production environment. Olive oil is chiefly produced in the
Mediterranean countries such as Spain and Italy among others. Owing to this the market experiences major fluctuations in
prices at the global level. The market for olive oil can be segmented on the basis of type and geography. Based on the
segmentation by type, the market can be segmented...

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