Extra Virgin Olive Oil Market Report 2025 (Global Edition)

Global Extra Virgin Olive Oil Market Report 2025 Market Size Split by Source (Organic, Non-Organic), by Application (Pharmaceutical, Food Industry, Cosmetic and Personal Care, Pet Foods, Soaps and L...

Extra Virgin Olive Oil Market Report Description

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Competitive Landscape of the Extra Virgin Olive Oil Market

The market for extra virgin olive oil (EVOO) is fiercely competitive, and major competitors prioritize premium quality, sustainability, and innovative products. New regional producers compete with well-known names like Deoleo, Borges, and Colavita. To differentiate products, strategies include flavored EVOO, eco-friendly packaging, and organic certifications. The market share of non-Mediterranean producers, like those in the United States and Australia, is increasing. Private labels and e-commerce exacerbate competitiveness on a global scale.

In June 2022, A company based in Europe that specializes in authentic and fresh Extra Virgin Olive Oils (Evoos), Certified Origins, introduced a number of carbon-neutral Italian Evoos under its trademark Bellucci brand. For its foreign markets, the business sources this premium Italian Evoo only from Tuscany, Apulia, and Sicily as part of its aim to deliver delicious and healthful meals to society. (Source: https://www.certifiedorigins.com/certified-origins-group-launches-the-first-ever-carbon-neutral-italian-extra-virgin-olive-oil/#:~:text=NEW%20YORK%2C%20JUNE%2028%2C%202022,under%20its%20flagship%20brand%20Bellucci.) In April 2022, Borges International Group renewed the Environmental Product Declaration (EPD) for the Extra Virgin Olive Oil line, which includes oil in glass bottles. By going beyond the simple calculation of carbon footprint, this renewal demonstrates their dedication to environmental sustainability. Rather, the business uses a thorough strategy that focuses on examining the product's whole life cycle. (Source:https://www.borgesinternationalgroup.com/en/borges-renews-the-environmental-declaration-of-its-extra-virgin-olive-oil/) In June 2021, Pietro Coricelli, a producer of olive fruit oil from Umbria and one of the biggest and most popular brands, declared that it would work with IBM Food Trust to track the origins of its extra-virgin olive fruit oil using blockchain technology. (Source:https://newsroom.ibm.com/2021-06-21-I-Coricelli-Joins-IBM-Food-Trust-to-Trace-Extra-Virgin-Olive-Oil)

Top Companies Market Share in Extra Virgin Olive Oil Industry: (In no particular order of Rank)

• Borges International Group
• Deoleo S.A.
• Mueloliva
• Bellucci Premium
• Cargill Inc.
• California Olive Ranch Inc.
• Luglio
• Cobram Estate
• Colavita S.p.A.
• Moulin Castelas
• Gaea
• Pompeian Inc.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Extra Virgin Olive Oil Market

Which Region Dominates the Extra Virgin Olive Oil Market in 2024?

According to Cognitive Market Research, North America currently dominates the Extra Virgin Olive Oils market, and the region is expected to have significant growth during the projected period. The market for extra virgin olive oil (EVOO) is expected to rise in North America due to growing health consciousness and the growing popularity of Mediterranean cuisine. The nutritional advantages of EVOO, such as its heart-healthy qualities and antioxidant content, appeal to consumers in the area. In line with changing lifestyle tastes, there is an increasing need for oils that are derived ethically and organically. Accessibility and awareness are also being increased by the growth of gourmet culinary trends and the prominence of e-commerce platforms. North America is expected to be crucial to the market's growth because of rising imports and local production in the United States and Canada.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The market for extra virgin olive oil (EVOO) is expanding in the Asia Pacific area due to rising health consciousness and the acceptance of Western and Mediterranean cuisines. Due to its heart-healthy fats and antioxidant qualities, EVOO is quickly becoming a popular choice as more customers in nations like China, India, and Japan adopt healthier cooking options. Furthermore, the demand for high-end, imported goods is rising due to the burgeoning middle class and rising disposable incomes. The growing taste for EVOO is a result of the region's acceptance of organic and plant-based meals, which makes it a lucrative market for growth.

The current report Scope analyzes Extra Virgin Olive Oil Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Extra Virgin Olive Oil

According to Cognitive Market Research, the global Extra Virgin Olive Oil market size was estimated at USD 9651.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 3860.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Extra Virgin Olive Oil market with a market size of USD 3046.01 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. In the US, the use of EVOO is being driven by a growing understanding of its heart-healthy and anti-inflammatory qualities.
• The Canada Extra Virgin Olive Oil market had a market share of USD 463.27 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. In Canada, consumers are prioritizing natural and clean products, which is driving up demand for organic EVOO.
• The Mexico Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 351.31 million in 2024.

Europe Extra Virgin Olive Oil

According to Cognitive Market Research, the global Extra Virgin Olive Oil market size was estimated at USD 9651.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 2895.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

• The United Kingdom Extra Virgin Olive Oil market had a market share of USD 486.44 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. In the UK, The popularity of Mediterranean-style diets has increased demand for EVOO dressings and cooking products.
• The France Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 266.38 million in 2024.
• According to Cognitive Market Research, the German Extra Virgin Olive Oil market size was valued at USD 573.30 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. In Germany, growing interest in ethical and environmentally friendly food production practices is driving up demand for EVOO, especially organic varieties.
• The Italy Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 249.01 million in 2024.
• The Russia Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 448.79 million in 2024.
• The Spain Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 237.43 million in 2024
• The Luxembourg Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 89.76 million in 2024.
• The Portugal Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 60.80 million in 2024.
• The Greece Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 34.75 million in 2024.
• The Rest of Europe's Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 448.79 million in 2024.

Asia Pacific Extra Virgin Olive Oil

According to Cognitive Market Research, the global Extra Virgin Olive Oil market size was estimated at USD 9651.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 2219.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Extra Virgin Olive Oil market size was valued at USD 998.93 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Extra Virgin Olive Oil surged in China due to the need for EVOO in cooking and food preparation, which is growing in China as Western eating habits gain popularity.
• The Japan Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 306.34 million in 2024.
• The India Extra Virgin Olive Oil market had a market share of USD 266.38 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. India's Urban consumers who have more money to spend are using EVOO as a healthier cooking substitute.
• The South Korean Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 221.98 million in 2024.
• The Australian Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 115.43 million in 2024.
• The South East Asia Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 153.17 million in 2024.
• The Rest of the Asia Pacific Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 157.61 million in 2024.

South America Extra Virgin Olive Oil

According to Cognitive Market Research, the global Extra Virgin Olive Oil market size was estimated at USD 9651.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 482.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Extra Virgin Olive Oil market size was valued at USD 206.54 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Extra Virgin Olive Oils flourished in Brazil due to the demand for high-quality olive oils being driven by an expanding middle class with more purchasing power.
• Argentina's Extra Virgin Olive Oil market had a market share of USD 81.07 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. Argentina, one of the leading producers of olive oil, has a sizable domestic market for EVOO, and both local and international demand are rising.
• Colombia Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 42.95 million in 2024.
• Peru Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 39.57 million in 2024.
• Chile's Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 34.75 million in 2024.
• The Rest of Latin America's Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 77.69 million in 2024.

Middle East Extra Virgin Olive Oil

According to Cognitive Market Research, the global Extra Virgin Olive Oil market size was estimated at USD 9651.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 193.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031..

• The GCC Countries Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 82.62 million in 2024. Extra Virgin Olive Oil sales flourish due to the presence of a major market player.
• The Egypt Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 20.27 million in 2024.
• The South African Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 30.50 million in 2024. Extra Virgin Olive Oil sales flourished in South Africa due to the demand for products like EVOO that promote healthy aging, which is rising as populations get older.
• The Turkey Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 16.60 million in 2024.
• The Nigeria Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 20.27 million in 2024.
• The Rest of the MEA Extra Virgin Olive Oil market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 22.78 million in 2024.

Extra Virgin Olive Oil Market Analysis

How are Segments Performing in the Global Extra Virgin Olive Oil Market?

Extra Virgin Olive Oil Market Source Segment Analysis

According to Cognitive Market Research, organic is likely to dominate the Extra Virgin Olive Oil Market over the forecast period. Consumers' growing health and environmental consciousness is driving up demand for organic extra virgin olive oil (EVOO). Organic EVOO appeals to consumers looking for natural, chemical-free products because it is made without the use of artificial fertilizers or pesticides. Growing knowledge of organic foods' health advantages, like better heart health and decreased inflammation, is driving this demand. With businesses providing certifications and traceability to satisfy these changing tastes, the organic EVOO market is expanding rapidly as more customers choose sustainable and organic food options.

The non-organic are the fastest-growing segment in the Extra Virgin Olive Oil Market. Because non-organic extra virgin olive oil (EVOO) is less expensive than its organic counterpart, there is still a sizable market for it. Conventional farming methods are used to create non-organic EVOO, resulting in higher yields and more affordable prices that appeal to consumers on a tight budget. Non-organic EVOO still has the health advantages of olive oil, like being high in antioxidants and monounsaturated fats, even though it does not have organic certifications. Because of this, it nevertheless serves a wide range of customers, especially in areas where price sensitivity is a crucial deciding factor.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Extra Virgin Olive Oil Industry. Request a Free Sample PDF!

Extra Virgin Olive Oil Market Application Segment Analysis

According to Cognitive Market Research, the food industry segment holds the largest share of the market. Extra virgin olive oil (EVOO) is utilized extensively in the food sector due to its excellent flavor, nutritional value, and adaptability. A mainstay of Mediterranean cooking, it is frequently used for sautéing, frying, dressings, and drizzling over food. Because of its heart-healthy monounsaturated fats and antioxidant-rich qualities, EVOO is a popular component in foodstuffs that cater to health-conscious consumers. It is becoming more and more popular in gourmet goods, packaged foods, and snacks that appeal to customers looking for high-quality, natural, and useful components. Additionally, EVOO is becoming more prevalent in organic and plant-based food products.

In the Extra Virgin Olive Oil Market, the pharmaceutical has been expanding at a rapid pace. Because extra virgin olive oil (EVOO) has a high concentration of antioxidants, polyphenols, and anti-inflammatory qualities, the pharmaceutical business is using it more and more. Dietary supplements that promote heart health, lower inflammation, and enhance general well-being are made using EVOO. For its healing and moisturizing properties, it is frequently included in topical preparations, including ointments, moisturizers, and skin creams. Being a natural substance, EVOO fits well with the expanding movement in pharmaceutical formulations to use organic and plant-based ingredients.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Extra Virgin Olive Oil Packaging Segment Analysis

Extra Virgin Olive Oil Market Packaging Segment Analysis

According to Cognitive Market Research, the bottles segment holds the largest market share. The ability of bottled packaging to maintain the quality, flavor, and nutritional value of extra virgin olive oil (EVOO) is driving up demand for it in the market. Because light exposure can gradually deteriorate the quality of EVOO, dark glass bottles are very well-liked. Additionally, consumers are looking for eco-friendly options and sustainable and eco-friendly packaging possibilities. Examples of these include recyclable glass and biodegradable materials. Packaging improvements such as sophisticated designs and premium labeling are also employed to appeal to gourmet and health-conscious consumers seeking premium EVOO.

In the Extra Virgin Olive Oil market, the rapidly growing sector is the tins category. Tin packaging is becoming more and more popular in the extra virgin olive oil (EVOO) market because it shields the oil from air and light, which can deteriorate its quality. Tins provide excellent preservation, preserving the nutritional value, flavor, and aroma of EVOO throughout time. In comparison to glass bottles, they are also lightweight, reasonably priced, and frequently more ecologically friendly. Tins are preferred for their simplicity and ease of storage, and they are especially well-liked for large purchases. Many manufacturers are also concentrating on recyclable or reusable tin packaging options as sustainability concerns increase.

• Tins
• Bottles
• Others

Extra Virgin Olive Oil Distribution Channel Segment Analysis

Extra Virgin Olive Oil Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the supermarket/hypermarket segment dominates the market. The extra virgin olive oil (EVOO) industry is mostly distributed through supermarkets and hypermarkets, which provide a large range of brands and packaging choices to satisfy a wide range of consumer tastes. Due to its convenient locations and considerable foot activity, EVOO is easily available to a wide range of customers. Premium and organic products are frequently featured in special sections of supermarkets, drawing in health-conscious customers. In-store displays, promotional discounts, and possibilities for bulk purchases all help to increase sales. As consumers' desire for sustainable and high-quality EVOO increases, supermarkets and hypermarkets remain essential in broadening their market reach.

Online channel is projected to be the fastest-growing segment in the Extra Virgin Olive Oil market. Due to the expanding trend of e-commerce and convenience, the online channel is becoming a more significant distribution channel for the extra virgin olive oil (EVOO) industry. From the convenience of their homes, consumers may readily obtain a variety of EVOO brands, such as specialty, organic, and premium oils. Online platforms also improve the purchasing experience by enabling direct-to-door delivery, thorough product information, and user reviews. Online sales are growing, especially for niche products and international brands, as consumers look for more individualized and convenient shopping options. This is helping the market flourish.

• Supermarket/Hypermarket
• Convenience Store
• Online Channel
• Others

Extra Virgin Olive Oil Price Segment Analysis

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• Medium
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Author's Detail

Sneha Singh

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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