Press Release Description
Olive Market to Reach Estimated USD 19.47 Billion & Record a CAGR of 4.85 By 2030
The Global Olive Market size was valued at USD 13.98 billion in 2023 & is projected to reach USD 19.47 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.85% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. Over the recent years, speedy urbanization and augmented disposable income have initiated a transformation in consumer food preferences towards fast food on an international scale. Consequently, swift-service restaurants (QSRs), such as Subway & Taco Bell offering dishes comprising different proportions of table olives like burgers, pizza, and pasta have proliferated remarkably. The economical charges coupled with rapid service are compelling individuals to rely more significantly on these quick-eat options, thereby paving the way for the QSR industry's expansion globally while concurrently increasing demand for olives over time.
Additionally, more individuals are embracing veganism due to its ethical principles that acknowledge the suffering experienced by animals raised for food. Consequently, there is an increasing demand for plant-based foods with high levels of healthy fats, such as vitamin E, antioxidants, etc., leading some consumers to seek alternative replacements. Table olives are one of the best examples that offer similar nutritional benefits found in dairy fat substitutes. Therefore, it's expected that this growing population will create new opportunities within Olive Market companies over time through increased consumption of non-dairy alternatives during the forecast period.
Moreover, there’s been a surge in the popularity of organic food worldwide as more consumers look for alternatives free of pesticides. As the demand grows across markets, so does interest in organic table olives. Retailers like Super Biomarkt and Alnatura have seen their sales increase significantly among customers seeking these kinds of products throughout Europe, while private-label olive varieties are also available at major retail chains both on this continent and in North America. Thus, in the upcoming years, it is expected that younger generations would place greater emphasis on living healthier lifestyles, which would increase preference towards organically sourced foods, such as olives, further states the research report, “Global Olive Market Analysis, 2025.”
The Global Olive Market size was valued at USD 13.98 billion in 2023 & is projected to reach USD 19.47 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.85% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. Over the recent years, speedy urbanization and augmented disposable income have initiated a transformation in consumer food preferences towards fast food on an international scale. Consequently, swift-service restaurants (QSRs), such as Subway & Taco Bell offering dishes comprising different proportions of table olives like burgers, pizza, and pasta have proliferated remarkably. The economical charges coupled with rapid service are compelling individuals to rely more significantly on these quick-eat options, thereby paving the way for the QSR industry's expansion globally while concurrently increasing demand for olives over time.
Additionally, more individuals are embracing veganism due to its ethical principles that acknowledge the suffering experienced by animals raised for food. Consequently, there is an increasing demand for plant-based foods with high levels of healthy fats, such as vitamin E, antioxidants, etc., leading some consumers to seek alternative replacements. Table olives are one of the best examples that offer similar nutritional benefits found in dairy fat substitutes. Therefore, it's expected that this growing population will create new opportunities within Olive Market companies over time through increased consumption of non-dairy alternatives during the forecast period.
Moreover, there’s been a surge in the popularity of organic food worldwide as more consumers look for alternatives free of pesticides. As the demand grows across markets, so does interest in organic table olives. Retailers like Super Biomarkt and Alnatura have seen their sales increase significantly among customers seeking these kinds of products throughout Europe, while private-label olive varieties are also available at major retail chains both on this continent and in North America. Thus, in the upcoming years, it is expected that younger generations would place greater emphasis on living healthier lifestyles, which would increase preference towards organically sourced foods, such as olives, further states the research report, “Global Olive Market Analysis, 2025.”
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