Oiling up: Revenue will continue growing as health-conscious consumers demand more olive oil

The Olive Oil Production industry has taken off in the five years to 2017. Olive oil is an increasingly popular food product, and domestic food producers have decided to take on production themselves rather than rely fully on imported olive oil. Consequently, the industry has grown over the past five years. Health benefits explain a large part of olive oil's popularity; significant media attention has been devoted to its antioxidant, anti-inflammatory and anticlotting properties, much of which is due to the product's high phenolic compound content. A growing number of health-conscious consumers is supporting industry demand. Industry demand and revenue will likely continue to rise, albeit at a slower pace, over the five years to 2022...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22
Market Share of Companies

Industry Threats & Opportunities

  • A growing number of health-conscious consumers is supporting industry demand
  • While domestic production has taken a larger share of the market, US consumers still rely on imports
  • Publicizing olive oil’s health benefits will continue to provide an opportunity for the industry
  • Industry Report - Industry SWOT Analysis Chapter

    The Olive Oil Production industry is in the growth phase of its life cycle. High industry value-added (IVA) growth, enterprise growth and wide product acceptance by consumers are some of the features that indicate a growth phase. IVA, which measures the industry's contribution to GDP, is expected to increase at an annualized rate of 1.8% in the 10 years to 2022, which is close to the GDP annualized growth rate of 2.1% during the same period.The industry is experiencing enterprise growth and existing facility expansion. A greater number of smaller growers have concentrated on producing less-common olive oil varieties. Additionally, small agricultural growers like wineries are entering the industry, adding olive oil to their product line. Acc...purchase to read more.

    Additional Insights for the Olive Oil Production Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Olive Oil Production Industry are

  • Downstream ownership links
  • Ability to pass on cost increases
  • Production of goods currently favored by the market
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Demand from grocery wholesaling in the Olive Oil Production industry impact industry performance..

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    What's in this report

    What is the Olive Oil Production Industry?

    This industry makes edible oil out of olives, including different grades like refined olive oil, virgin olive oil and extra-virgin olive oil. Generally, olive oil producers retail products to wholesalers, supermarkets and online retailers.

    Industry Products
  • Extra-virgin olive oil
  • Regular olive oil
  • Refined olive oil
  • Industry Activities
  • Producing olive oil
  • Producing refined olive oil
  • Producing extra-virgin olive oil
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Demand from grocery wholesaling
  • Healthy eating index
  • Trade-weighted index
  • Average annual precipitation

  • Current Performance
  • Health benefits
  • Trade
  • Regulation
  • Chart: Revenue Growth

  • Industry Outlook
  • Greater demand
  • Export growth
  • Higher standards
  • Table: Olive Oil Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Olive Oil Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Grocery Wholesaling
  • Supermarkets & Grocery Stores
  • Single Location Full-Service Restaurants

  • Key Selling Industries
  • Oilseed Farming
  • Soybean Farming
  • Vegetable Farming

  • Products & Services
  • Regular olive oil
  • Extra-virgin olive oil
  • Refined olive oil
  • Chart: Olive Oil Production Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Supermarkets and convenience stores
  • Exports
  • Grocery wholesalers
  • Food service industries
  • Chart: Major Market Segmentation for the Olive Oil Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Olive Oil Production

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Olive Oil Production Industry

  • Industry Globalization
    California Olive Ranch,
  • Table: California Olive Ranch - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Olive Oil Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Olive Oil Production Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Trade-weighted Index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Extra-Virgin Olive Oil
  • Olive oil made from crushed olives and not refined by chemical solvents or high heat. It is considered fresh-squeezed fruit juice.
  • Phenolic Compound
  • An aromatic compounds found in some essential oils that have significant health benefits.
  • Radical
  • Highly reactive atoms that can damage cells and are believed to accelerate the progression of cancer, cardiovascular disease and age-related diseases.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Olive Oil Production Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Olive Oil Production industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Olive Oil Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Olive Oil Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Olive Oil Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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