The global olive oil market is forecast to grow from USD 10.3 billion in 2025 to USD 18.2 billion by 2035, at a compound annual growth rate (CAGR) of 4.0%, according to a Fact.MR report published by Newstrail.com. Demand is surging as consumers increasingly prioritize heart-healthy and antioxidant-rich oils, driven by plant-based diets, wellness awareness, and the integration of olive oil into both culinary and cosmetic applications. The strongest expansion is expected in North America—particularly the U.S. and Mexico—with growth of 4.0–4.2% annually, while Asia-Pacific markets like Japan and South Korea emerge as new adopters inspired by Mediterranean dietary trends.
Extra virgin olive oil (EVOO) continues to dominate global sales, bolstered by rising preferences for organic, cold-pressed, and premium-certified products. Leading players—including Deoleo, Borges, Sovena, Filippo Berio, and Colavita—are focusing on innovation, sustainability, and online retail expansion to capture growing demand. The report highlights five key growth drivers: health and wellness trends, product premiumization, culinary innovation, beauty and personal care use, and e-commerce penetration. Over the next decade, olive oil will transition further from a pantry staple to a lifestyle and wellness product, reshaping consumer habits worldwide.
