Olive Oil in Food and Beverages (Virgin Olive Oil, Refined Olive Oil, Extra Virgin Olive Oil) Market

Olive Oil in Food and Beverages Market: Introduction

Olive oil is a premium edible oil widely used in culinary applications, food processing, and beverages due to its nutritional richness, unique flavor, and health benefits. The market includes three major categories: virgin olive oil, refined olive oil, and extra virgin olive oil (EVOO), each offering distinct characteristics suited for cooking, flavor enhancement, and food product formulation.

Growing consumer emphasis on healthy eating, rising awareness about the cardiovascular and antioxidant benefits of olive oil, and increasing popularity of Mediterranean cuisine are driving global demand. Olive oil is now extensively used in bakery, snacks, ready-to-eat meals, dressings, marinades, and functional beverages.

This report provides an in-depth assessment of market dynamics, drivers, trends, competitive landscape, SWOT analysis, and Porter’s Five Forces to forecast industry growth through 2035.

Market Growth Drivers

• Increasing Health Awareness and Shift Toward Natural Oils

Consumers are moving away from saturated fats and chemically processed oils and opting for natural, minimally processed oils. Olive oil—particularly extra virgin—contains monounsaturated fats, polyphenols, and antioxidants, making it a preferred choice for heart health, weight management, and overall well-being.

The rising prevalence of lifestyle diseases and growing adoption of preventive nutrition is accelerating market demand.

• Expanding Use in Food Processing & Gourmet Applications

Olive oil is increasingly used across diverse food & beverage categories including sauces, baked goods, savory snacks, ready meals, dressings, and artisanal foods. The growth of gourmet cuisine, home cooking trends, and the premiumization of edible oils are contributing to rising consumption of high-quality EVOO.

Food manufacturers are incorporating olive oil into functional beverages and health-oriented products to enhance nutritional value, supporting market expansion.

Olive Oil in Food and Beverages Market: Trends and Opportunities

The global market is experiencing significant transformation due to evolving consumer preferences and innovation in olive oil extraction and packaging technologies. Key trends include:

• Premiumization and Growing Demand for Extra Virgin Olive Oil (EVOO)

EVOO is witnessing strong demand due to its superior taste, purity, and nutritional profile. Consumers increasingly associate EVOO with luxury, authenticity, and health, driving higher market value.

• Growth of Plant-based and Clean-label Food Products

Rising consumption of plant-based products and clean-label foods is boosting the use of olive oil as a natural ingredient free from additives, aligning with sustainability-driven consumer behavior.

• Technological Advancements in Olive Oil Extraction and Packaging

Cold-press extraction, controlled storage, dark glass packaging, and nitrogen-filled bottles help preserve the flavor and antioxidant content of olive oil, improving product quality and shelf life.

• Expansion into Functional Beverages and Nutraceutical-infused Oils

Olive oil infused with herbs, vitamins, omega-fatty acids, and functional ingredients is gaining popularity in health drinks and wellness beverages.

Olive Oil in Food and Beverages Market: Regional Outlook

The market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Europe

Europe dominates the global olive oil market due to large-scale production and consumption in countries such as Spain, Italy, Greece, and Portugal. Traditional dietary habits, premium culinary culture, and widespread use in processed foods contribute to significant regional demand.

North America

North America shows strong growth driven by rising adoption of Mediterranean diets, increasing consumer focus on healthy cooking oils, and expanding availability of premium olive oil brands in the U.S. and Canada.

Asia Pacific

Asia Pacific is expected to experience the fastest growth from 2025–2035. Dietary shifts toward Western cuisine, rising disposable incomes, expanding retail distribution, and growing health consciousness in China, India, Japan, South Korea, and Australia boost consumption.

Latin America & Middle East

Growing demand for premium edible oils, expanding food processing industries, and increased interest in European cuisines support market growth in Brazil, Mexico, GCC nations, and South Africa.

Olive Oil in Food and Beverages Market Segmentation

By Product Type

• Virgin Olive Oil
• Refined Olive Oil
• Extra Virgin Olive Oil (EVOO)
• Others (Cold-pressed, Organic, Infused Olive Oils)

By Application

• Cooking & Culinary Use
• Bakery & Confectionery
• Snacks & Savory Products
• Dressings, Sauces & Marinades
• Ready Meals & Processed Foods
• Beverages & Functional Drinks
• Nutraceutical Applications
• Others

By End-user

• Food & Beverage Manufacturers
• Restaurants & Foodservice Providers
• Household Consumers
• Specialty & Gourmet Food Stores
• Health & Wellness Product Brands

Regions Covered

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Countries Covered

• U.S.
• Canada
• Germany
• U.K.
• France
• Italy
• Spain
• Greece
• The Netherlands
• China
• India
• Japan
• South Korea
• Australia
• ASEAN
• Brazil
• Mexico
• Argentina
• GCC Countries
• South Africa

Key Players Operating in the Global Olive Oil in Food and Beverages Market

• Deoleo S.A.
• Borges International Group
• Salov S.p.A.
• Pietro Coricelli S.p.A.
• Colavita S.p.A.
• Sovena Group
• Minerva Foods
• Gallo Worldwide
• Ybarra Alimentación
• Pompeian, Inc.
• Other Prominent Players