Updated
Updated · Yahoo Finance · Aug 14
Global Olive Market to Reach $28.61 Billion by 2030 as Health and Premium Demand Grow
Updated
Updated · Yahoo Finance · Aug 14

Global Olive Market to Reach $28.61 Billion by 2030 as Health and Premium Demand Grow

2 articles · Updated · Yahoo Finance · Aug 14

Summary

  • $28.61 billion is the projected size of the global olive and olive derivatives market by 2030, up from $22.94 billion in 2026 after growth from $21.75 billion in 2025.
  • 5.7% annual growth through 2030 is expected to come from rising demand for plant-based foods, functional ingredients, organic products and clean-label formulations.
  • Health-focused consumption is reinforcing that trend, with stronger demand for extra virgin olive oil, table olives, extracts and supplement ingredients as consumers seek natural fats and minimally processed foods.
  • 54% of Americans followed a specific diet in the prior year, according to June 2024 IFIC data, while interest in higher protein and fresh foods widened opportunities for olive-based products.
  • Sustainability is also reshaping the market as producers invest in efficient cultivation, advanced extraction and by-product use across cosmetics, renewable energy and other value-added applications.

Insights

Could severe European droughts shatter the olive industry's $28 billion dream before 2030?
Will discarded olive leaves and pits soon become more profitable for producers than the prized oil itself?