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Olive Oil Market Projected to Reach $2.2 Billion by 2031, Reveals Allied Market Research
![According to a new report published by Allied Market Research, titled โOrganic Olive Oil Market," The organic olive oil market was valued at $932](https://img.einnews.com/ampsize/663067/extra-virgin-avocado-oil-market.jpeg)
The demand for organic olive oil is likely to gain high traction across the world.
WILMINGTON,NEW CASTLE, DELAWARE, UNITED STATES, May 2, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled โOrganic Olive Oil Market," The organic olive oil market was valued at $932.60 million in 2021 and is estimated to reach $2.2 billion by 2031, growing at a CAGR of 8.9% from 2022 to 2031.
โถ๏ธ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/A47235
According to EU standards, organic olive oil is defined as olive oil produced using organic methods. This indicates, firstly, that chemical-synthetic fertilizers, plant protection agents, and soil herbicides were not used in the cultivation of the olives. Furthermore, because of the entire organic production processโfrom the crop to the bottlingโmust adhere to the rules for organic farming, the take-up of organic and conventional olive oils occurs at different periods to prevent cross-contamination; hence, such factors are likely to contribute towards organic olive oil market growth. Moreover, changing consumption patterns of consumers are leading to various organic olive oil market opportunities.
Every package of organic olive oil should contain the words BIO or ORGANIC and be referred to as a product of organic farming, in accordance with Regulation (EU) No. 1169/2011 of the European Parliament on the Provision of Food Information to Consumers. Additionally, the GR BIO icon as well as the Certification Institute icon must be present on the label of Greek organic olive oil products. Moreover, the USDA is the organization that certifies organic olive oil products in the U.S.
The outbreak of the COVID-19 disease in 2020 hampered the organic olive oil market. The government imposed strict lockdown and ban on travel rules in order to curb the spread of the virus. The manufacturing facilities were either partially or completely shut down and the organic olive oil industry faced shortages of labor. Moreover, due to the travel restrictions, the supply chains were disrupted. However, following the ease in lockdown restrictions, the organic olive oil market gained some momentum and demand is expected to grow rapidly in the upcoming years. This is attributed to the fact that extra virgin olive oil can help in fighting the COVID-19 virus, as it is highly effective in building and boosting immunity.
Moreover, from organic olive oil market analysis after COVID, it is expected that production of organic olive oil would rise to meet customer demand around the world. Additionally, it is anticipated that organic olive oil production will rise during the forecast period. After a significant disruption, the organic olive oil supply chain is anticipated to operate smoothly. Additionally, because of increased health awareness, people all over the world are choosing healthier options, which is driving growth in the market for organic olive oil and is likely to become one of the organic olive oil market trends in the projected period. Moreover, new product introductions, a sizable product selection, government measures to stimulate the economy, as well as the manufacturing and international trade of olive oil, are some of the factors expected to drive the organic olive oil market.
โถ๏ธ ๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง https://www.alliedmarketresearch.com/request-for-customization/A47235
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ ๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the organic olive oil market from 2021 to 2031 to identify the prevailing organic olive oil market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the organic olive oil market segmentation assists in determining the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes an analysis of regional as well as global organic olive oil market trends, key players, market segments, application areas, and market growth strategies.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ ๐ฆ๐จ๐ง๐ข๐ง๐ข ๐ฌ๐ฉ๐
โ ๐๐ฎ๐ญ๐ซ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ ๐๐๐๐
โ ๐๐
โ ๐๐ข๐ง๐๐ซ๐ฏ๐ ๐
๐จ๐จ๐๐ฌ
โ ๐๐๐จ๐ฅ๐๐จ, ๐๐ฅ๐ข๐ง๐๐ฑ๐จ ๐.๐.
โ ๐ฆ๐๐ฅ๐ข๐ฌ๐ฌ๐ ๐ค๐ข๐ค๐ข๐ณ๐๐ฌ ๐ฌ.๐.
โ ๐๐จ๐ฆ๐ฉ๐๐ข๐๐ง, ๐๐ง๐.
โ ๐๐จ๐ซ๐ ๐๐ฌ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ซ๐จ๐ฎ๐ฉ
โ ๐๐ง๐ข๐ญ๐๐ ๐๐ฅ๐ข๐ฏ๐ ๐๐ข๐ฅ ๐๐ฆ๐ฉ๐จ๐ซ๐ญ ๐๐จ.
โ ๐๐จ๐ฅ๐๐ฏ๐ข๐ญ๐, ๐๐๐
โถ๏ธ ๐๐๐ ๐๐จ๐ฐ https://www.alliedmarketresearch.com/organic-olive-oil-market/purchase-options
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐๐ฏ๐ข๐๐ฐ
According to the insights of CXOs of leading companies, the consumption of organic olive oil is on the rise owing to a surge in consumption from the commercial segment, particularly in restaurants for frying and sautรฉing. The high-value food processing industry, where demand for organic olive oil is substantial but yet in its infancy, is the most intriguing and promising of all the sectors. Moreover, the rapid expansion of the food & beverage industry, combined with the wide range of uses for olive oil, is helping to drive up demand for organic olive oil globally. Organic olive oil has a variety of uses besides the food business, including pharmaceutical and personal cosmetic uses. Organic olive oil is in greater demand in the market owing to increase in consumer expenditure on healthy products.
Governments from numerous countries have taken the initiative to maintain the quality of products such as olives, which increases the growth of the organic olive oil market. In addition, many classifications of olive oils and their attributes are defined by European law. It also offers guidelines for labelling and packaging. To make sure that these regulations are followed and that the goods offered to consumers live up to their expectations, EU Member States conduct controls on samples of olive oil.
Another factor that influences the demand for organic olive oil is the rise in demand for olive oil. There is an increase in demand for organic products as consumers become more health-conscious. Consequently, the demand for organic olive oil has seen a multifold increase in the past four years, especially in the developed countries of North America and Europe, including but not limited to the U.S., Canada, the UK, and Germany. The demand for organic olive oil is likely to gain high traction across the world with growing consumer awareness regarding organic variants of the product and downward pressure on the price point. Furthermore, many new market players are expected to enter the organic olive oil market over the forecast period, attracted by profitable growth and high profit margins.
๐ ๐ซ๐๐ช๐ฎ๐๐ง๐ญ๐ฅ๐ฒ ๐๐ฌ๐ค๐๐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ?
๐๐. ๐๐ก๐ข๐๐ก ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ซ๐๐ ๐ข๐จ๐ง๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐จ๐ซ ๐๐ซ๐ ๐๐ง๐ข๐ ๐๐ฅ๐ข๐ฏ๐ ๐๐ข๐ฅ?
๐๐. ๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐๐๐ข๐ง๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ซ๐ ๐๐ง๐ข๐ ๐๐ฅ๐ข๐ฏ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ?
๐๐. ๐๐ก๐ข๐๐ก ๐๐ซ๐ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ญ๐จ ๐ก๐จ๐ฅ๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ก๐๐ซ๐ ๐ข๐ง ๐๐ซ๐ ๐๐ง๐ข๐ ๐๐ฅ๐ข๐ฏ๐ ๐๐ข๐ฅ?
๐๐. ๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ข๐ณ๐ ๐จ๐ ๐๐ซ๐ ๐๐ง๐ข๐ ๐๐ฅ๐ข๐ฏ๐ ๐๐ข๐ฅ?
๐๐. ๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐ฎ๐ฉ๐๐จ๐ฆ๐ข๐ง๐ ๐ญ๐ซ๐๐ง๐๐ฌ ๐จ๐ ๐๐ซ๐ ๐๐ง๐ข๐ ๐๐ฅ๐ข๐ฏ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐ญ๐ก๐ ๐ฐ๐จ๐ซ๐ฅ๐?
๐๐. ๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐ข๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐ฉ๐จ๐ฌ๐ญ ๐๐๐๐๐-๐๐ ๐ฌ๐๐๐ง๐๐ซ๐ข๐จ ๐จ๐ง ๐จ๐ซ๐ ๐๐ง๐ข๐ ๐จ๐ฅ๐ข๐ฏ๐ ๐จ๐ข๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ?
๐๐. ๐๐ก๐ข๐๐ก ๐ข๐ฌ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ฎ๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ ๐ญ๐ฒ๐ฉ๐?
๐๐. ๐๐ก๐ข๐๐ก ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ ๐ก๐๐ฏ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐ฉ๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐ฉ๐ซ๐๐ฌ๐๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐จ๐ซ๐ ๐๐ง๐ข๐ ๐จ๐ฅ๐ข๐ฏ๐ ๐จ๐ข๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ?
About Us
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
We have professional corporate relations with various companies, and this helps us dig out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality data and help clients in every way possible to achieve success. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
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help@alliedmarketresearch.com
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