Extra Virgin Olive Oil Market

By Category;

Organic and Conventional

By Packaging;

Bottles & Jars, Cans and Others

By Distribution Channel;

Store-Based and Non-Store-Based

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn879258822 Published Date: September, 2025 Updated Date: October, 2025

Extra Virgin Olive Oil Market Overview

Extra Virgin Olive Oil Market (USD Million)

Extra Virgin Olive Oil Market was valued at USD 1,490.24 million in the year 2024. The size of this market is expected to increase to USD 1,906.29 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.


Extra Virgin Olive Oil Market

*Market size in USD million

CAGR 3.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.6 %
Market Size (2024)USD 1,490.24 Million
Market Size (2031)USD 1,906.29 Million
Market ConcentrationHigh
Report Pages344
1,490.24
2024
1,906.29
2031

Major Players

  • Filippo Berio
  • Bertolli
  • California Olive Ranch
  • Colavita
  • Lucini Italia
  • Carapelli
  • Goya Foods
  • De Cecco
  • Kirkland Signature
  • La Tourangelle

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Extra Virgin Olive Oil Market

Fragmented - Highly competitive market without dominant players


The Extra Virgin Olive Oil Market is experiencing consistent growth, supported by rising consumer awareness of its health benefits and premium quality. Known for being rich in antioxidants and healthy fats, extra virgin olive oil is widely recognized as a staple in healthy diets. Nearly 55% of consumers prefer it over regular oils due to its purity and natural extraction process, which retains its nutritional properties.

Growing Demand for Healthy Alternatives
The shift toward health-conscious diets is a major factor fueling the demand for extra virgin olive oil. With over 48% of households opting for healthier cooking oils, this market continues to benefit from increasing awareness of cardiovascular and digestive health. The oil’s reputation as a natural product with minimal processing further enhances its appeal to modern consumers seeking clean-label products.

Rising Popularity in Culinary Applications
Extra virgin olive oil is not just a cooking medium but also a key ingredient in gourmet preparations. More than 40% of restaurants and foodservice providers incorporate it into their menus to elevate flavor and nutrition. Its use in dressings, marinades, and premium recipes highlights its versatility, making it a preferred choice for both home and professional kitchens.

Innovation and Premium Positioning
Continuous innovation in packaging and branding has further strengthened this market’s presence. Nearly 30% of new product launches emphasize organic certifications and eco-friendly packaging to attract conscious buyers. Premium positioning strategies focusing on quality, authenticity, and heritage have significantly enhanced consumer trust and brand loyalty in this space.

Future Market Outlook
The extra virgin olive oil market is expected to sustain strong momentum with its expanding applications in food, wellness, and skincare. With more than 50% of consumers associating it with long-term health benefits, the market shows clear potential for continued growth. Strategic collaborations, innovation in distribution, and rising health awareness will remain key drivers shaping its future trajectory.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Category
    2. Market Snapshot, By Packaging
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Extra Virgin Olive Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health-conscious consumer trends
        2. Growing demand for premium oils
        3. Increase in Mediterranean diets
        4. Rising popularity of organic products
      2. Restraints
        1. High production costs
        2. Price volatility in markets
        3. Limited supply of olives
        4. Strict regulatory standards
      3. Opportunities
        1. Expansion into emerging markets
        2. Innovations in product offerings
        3. Increased use in foodservice
        4. Growth in online retail channels
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Extra Virgin Olive Oil Market, By Category, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    2. Extra Virgin Olive Oil Market, By Packaging, 2021 - 2031 (USD Million)
      1. Bottles & Jars
      2. Cans
      3. Others
    3. Extra Virgin Olive Oil Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Store-Based
      2. Non-Store-Based
    4. Extra Virgin Olive Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Filippo Berio
      2. Bertolli
      3. California Olive Ranch
      4. Colavita
      5. Lucini Italia
      6. Carapelli
      7. Goya Foods
      8. De Cecco
      9. Kirkland Signature
      10. La Tourangelle
  7. Analyst Views
  8. Future Outlook of the Market