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Abundance of Applications to Keep Olive Oil Sales in Food and Beverage Industry on Growth Path Through 2023, says TMR

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A new market intelligence study by Transparency Market Research presents a detailed overview of the global olive oil in food and beverages market. The report is titled “Olive Oil in Food and Beverages (Virgin Olive Oil, Refined Olive Oil, Extra Virg
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REPORT DESCRIPTION
A new market intelligence study by Transparency Market Research presents a detailed overview of the global olive oil in food
and beverages market. The report is titled “Olive Oil in Food and Beverages (Virgin Olive Oil, Refined Olive Oil, Extra Virgin Olive
Oil) Market - Global Industry Analysis, Size, Share, Trends and Forecast 2015 - 2023.” The global olive oil market has been
studied with the food and beverage industry being the main focus. It includes the SWOT analysis that throws light on the
strengths, weaknesses, opportunities, and threats influencing the segments of the olive oil market.
Olive oil is the fat obtained from the olive crop, which is increasingly being used in cooking, cosmetics, soaps, pharmaceuticals,
and others. It is used across the globe but often associated with Mediterranean cuisine and diet. Olive oil has a great culinary
significance and due to its ability to fight depression, mitigate the risk of cardiovascular diseases and cancer, and prevent
osteoporosis, they are highly in demand. Olive oil is witnessing a high consumption in Asia Pacific and North America, which is
propelling the overall olive oil market. A growth in the cosmetic and food and beverages industry is helping the global olive oil
market to expand.
The challenges faced by the global olive oil market include the inability to meet the high demands of consumers due to low
harvest of olives. Recently, the unusually high temperature in the major olive producing country of Spain led to early maturation
of olives, which led to a low production of olive oil. These factors have led to an increase in the prices of olive oil, which is
further expected to restrain the market’s growth.
The global olive oil market is segmented on the basis of geography into North America, Europe, Asia Pacific, and the Rest of the
World. Of these, the highest demand is expected to be seen in Europe. European countries such as Turkey, Spain, Greece, and
Italy have massive production facilities, with Spain accounting for 55% of the global olive oil market.
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The market in North America is expected to be driven by the rising consumption of olive oil in the U.S. An increasing number of
health conscious people in the U.S., is responsible for the high demand of olive oil in the country. The olive oil market in Asia
Pacific looks promising and is expected to show a health growth rate in the coming years. The rising awareness about health and
fitness among the people living in India, Australia, China, and Japan is expected to drive the market in Asia Pacific.
Major players operating in the global olive oil market studied in the report are: Borges, Pompeian, Deoleo, Colavita, Salov,
Ybarra, and Sovena Group.
About Us
Transparency Market Research is a market intelligence company providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision
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We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and
various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most
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Author
Amy James
Amy James817   documents Email
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Cooking and Food
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Olive Oil Industry, Olive Oil Market
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