Olive Oil Market - Global Industry Analysis, Forecast 2016 – 2024

Olive Oil Market - Global Industry Analysis, Forecast 2016 – 2024

  • Submitted By: amyjames
  • Date Submitted: 09/27/2016 4:27 AM
  • Category: Business
  • Words: 834
  • Page: 4

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Olive Oil Market - Global Industry
Analysis, Size, Share, Growth, Trends,
and Forecast 2016 - 2024

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Olive oil, an edible oil is being increasingly consumed by people from across the globe. Considering its nutritional value and the
taste, olive oil is being consumed by a big pool of the global population. The market offers various types of olive oils such as
extra virgin olive oil, light olive oil, pure olive oil, virgin olive oil, olive pomace oil, and refined olive oil. At present, the extra
virgin olive oil is the highest quality olive oil, consumed by a majority of health-conscious people. As the extra olive oil carries
less than 1% acidity, it has gained popularity across the globe.
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By region, the global olive oil market is divided into Europe, Asia Pacific, North America, and Rest of the World. Nations such as
the United States and Australia are on the verge of standardization of olive oil on an international level. This would support the
consistently rising demand for olive oil. The rising demand for olive oil in Europe and North America is expected to make these
two regions two of the most promising markets for olive oil.
Currently, the production of olive oil in countries such as Brazil and India is low. However, consistent efforts are being made by
emerging nations to propel their production so as to meet the rising demand....

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