DUBLIN, July 05, 2021–(BUSINESS WIRE)–The “Olive Oil Market Global Forecast By Type, Industry, End-User, Consumption, Production, Import, Export Countries, Company Analysis” report has been added to ResearchAndMarkets.com’s offering.
Global Olive Oil Market will be US$ 17.73 Billion by 2027 from US$ 8.28 Billion in 2020, growing a CAGR of 11.49% from 2020-2027
Olive oil forms a different and tasty substitute to conventional edible oils. Considering its nutritional value and taste, olive oil is being consumed by a huge pool of the global population. It is extensively preferred for its properties to prevent heart diseases by maintaining cholesterol levels in the body.
It also has moisturizing and exfoliating properties, which leads to its usage in different pharmaceuticals and cosmetics products. Olive oil offers various applications such as spray for dressing, cosmetics, and personal care, uses in foods, and medicines. Owing to these factors, there is a vast demand for Olive Oil in the Market.
In this report, we have covered the market of Olive oil market by type, which includes Extra Virgin Oil, Virgin Oil, and Other Olive Oil. Extra virgin olive oil is the most eminent quality olive oil utilized by a majority of health-conscious people. Based on end-user, retail and foodservice contributes the lion’s share to the total olive oil market value.
Europe and Asia Pacific foodservice sector will be the leading market for olive oil producers in upcoming years. On the other side,…