Market Research Future (Food and Beverages) Extra Virgin Olive Oil Market Research Report | Page 4

Extra Virgin Olive Oil Market Research Report- Forecast to 2023
3 Sample Pages
The global extra virgin olive oil market is segmented on the basis of processing type, such as cold pressed, flavored,
virgin, blended, and others. Virgin segment from this market is increasing the demand of the extra virgin olive oils.
On the basis of application, the market is segmented into cooking, cosmetics, pharmaceutical, fuel. Increasing
demand for food products is helping to drive the growth of this market.
On the basis of distribution channel, the market is segmented into store based such as supermarkets &
hypermarkets, specialty stores, food processing industries, and others, and non-store based.
Regional Analysis:
The global extra virgin olive oil market is segmented on the basis of region into North America, Europe, Asia Pacific,
and Rest of the World (RoW). Among these, Europe is estimated to retain its dominance, followed by North America,
over the forecast period 2017-2023. This is attributed to the increasing awareness about health benefits from extra
virgin olive oil, as well as increasing area of cultivation. Also, due to its vast usage in food and beverages,
pharmaceuticals, personal care products, fuel and so on, there is rising demand for extra virgin olive oil. Spain is the
largest producer of olive oil, followed by Italy. The new product development by the key manufacturers of extra virgin
olive oil is projected to be one of the significant reasons for the rising growth of extra virgin olive oil products in the
North America. However, Asia Pacific region is estimated to witness a maximum growth in the global extra virgin
olive oil market over the forecast period 2017-2023.
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