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Olive Oil Global Market 2023: Sector to Reach $16.9 Billion by 2030 at a CAGR of 2.9%

February 24, 2023

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The global market for Olive Oil estimated at US$13.4 Billion in the year 2022, is projected to reach a revised size of US$16.9 Billion by 2030, growing at a CAGR of 2.9% over the analysis period 2022-2030.

Virgin Olive Oil, one of the segments analyzed in the report, is projected to record a 3% CAGR and reach US$12 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Refined / Pure Olive Oil segment is readjusted to a revised 2.7% CAGR for the next 8-year period.

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