MarkNtel Advisors recently published a detailed industry analysis of the Global Olive Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Olive Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The 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.

What are the major Driver the Global Olive Market?

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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What segments define the Global Olive Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

• By Type
• Green Olive- Market Size & Forecast 2020-2030, (Thousand Tons)
• Black Olive- Market Size & Forecast 2020-2030, (Thousand Tons)

According to report, Green Olive type accounted for a substantial market share, as this variety is used mostly in all Mediterranean dishes, such as Mediterranean pasta salad, green olive hummus, etc.

• 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)

According to report, In recent years, the Olive Market has been dominated by the Food Service industry.

• 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)

Explore the Complete Global Olive Market Analysis Report – https://www.marknteladvisors.com/research-library/olive-market.html

Geographical Analysis: Global Olive Market

 By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Global Olive Market Share & Competitive Landscape:

The Olive Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Global Olive Market are:

• 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.

Questions Addressed in this Study

1.What factors are driving the Global Olive Market growth?

2.How is the Global Olive Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Global Olive Market?

4.What is the current size of the Global Olive Market, and how is it projected to change in the future?

6.What is the future outlook for the Global Olive Market in terms of technological advancements and market expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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