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.       

Global Olive Market Driver:

Expansion of Quick Service Restaurant (QSR) Chains to Generate Noteworthy Demand for Table Olives – Consumers residing in countries of North America, Europe, and Asia-Pacific are witnessing rapid urbanization and a substantial increase in disposable income. This has affected the eating behavior of individuals & enhanced the inclination towards fast food, which subsequently has led to a surge of quick service restaurants (QSRs). Major QSRs chains like Subway, Taco Bell, Domino’s Pizza, etc., have expanded their network across the globe, which spurred their number during 2019-2023. For instance:

·        In 2023, Burger King announced its plan to launch 200 new Burger King restaurants annually in China.

These QSRs generally serve fast food items like burgers, sandwiches, pizza, pasta, etc., all of which have table olives as a main ingredient, which significantly augments the need for olives. Moreover, owing to the low-pricing & quick service of these outlets, consumers are getting more habitual of the fast food offered by QSR. Hence, the QSR chains are predicted to expand further, which would continuously generate demand for olives during the forecast period.

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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Global Olive Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

• By Type
  • Green Olive- Market Size & Forecast 2020-2030, (Thousand Tons)
  • Black Olive- Market Size & Forecast 2020-2030, (Thousand Tons)
• By Product
  • Raw Olive- Market Size & Forecast 2020-2030, (Thousand Tons)
  • Canned Olive- Market Size & Forecast 2020-2030, (Thousand Tons)
  • Frozen Olives- Market Size & Forecast 2020-2030, (Thousand Tons)
  • Dried Olives- Market Size & Forecast 2020-2030, (Thousand Tons)
  • Pickled Olives- Market Size & Forecast 2020-2030, (Thousand Tons)
  • Others (Stuffed Olives, Marinated Olives, etc.)- Market Size & Forecast 2020-2030, (Thousand Tons)
• By End User
  • Households- Market Size & Forecast 2020-2030, (Thousand Tons)
  • Food Service Sector- Market Size & Forecast 2020-2030, (Thousand Tons)
• By Sales Channel
  •  Direct/B2B- Market Size & Forecast 2020-2030, (Thousand Tons)
  • Indirect/B2C- Market Size & Forecast 2020-2030, (Thousand Tons)
    •  Hypermarkets/Supermarkets- Market Size & Forecast 2020-2030, (Thousand Tons)
    •  Convenience Store- Market Size & Forecast 2020-2030, (Thousand Tons)
    •  Online Stores- Market Size & Forecast 2020-2030, (Thousand Tons)
    •  Others- Market Size & Forecast 2020-2030, (Thousand Tons)
• By Region
  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Olive Line International S.L, GARO-Aceituna Verde SL, FRUYPER SA, 2Brothers Company, EVGE Hellenic Food Company, GAIA Olives, Olives Escamilla, Eugene Brunel, Bell-Carter Foods, LLC, Agrosevilla, Sovena Group, La Salerosa, OliveOilsLand, Artem Oliva, Aceitunas Guadalquivir S.L etc.

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