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India Olive Oil Market to Reach $127.5 Million, by 2025 at 9.9% CAGR, Says Allied Market Research

Tuesday, January 8, 2019 Research News
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PORTLAND, Oregon, January 8, 2019 /PRNewswire/ --
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Growing awareness of the health benefits associated with olive oil consumption and significant rise in its demand from end use industries would drive the growth of the India olive oil market   

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Allied Market Research published a report, titled, India Olive Oil Market : Opportunity Analysis and Industry Forecast, 2018-2025. The report offers detailed analyses of the industry dynamics, top investment pockets, value chain, key market segments, and competitive landscape. According to the report, the India olive oil market generated $58.6 million in 2017, and is expected to reach $127.5 million by 2025, registering a CAGR of 9.9% from 2018 to 2025.

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Health benefits associated with olive oil consumption coupled with its profound demand from end use industries drives the growth of the market. However, high cost and increased requirement of high-water content for cultivation of olive restrain the market growth. On the other hand, development and manufacturing of olive oil products domestically would create new opportunities to the industry.

Pomace olive oil segment to maintain lion's share through 2025

Pomace olive oil segment contributed nearly two-third of the total market share in 2017 and is expected to continue its lead throughout the forecast period. This is attributed to the fact that pomace olive is a healthier alternative as well as lighter and neutral as compared to other vegetable oils available in the market. However, virgin olive oil segment is expected to grow at the highest CAGR of 14.5% from 2018 to 2025, owing to its growing usage in personal care and pharmaceutical products for skin and hair along with better protection against various diseases such as type 2 diabetes, heart disease, and stroke. The report also analyzes the refined olive oil segment.

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Personal care segment to maintain its dominance throughout the forecast period

Among applications, the personal care segment accounted for nearly half of the total market share in 2017, owing to innovations in healthcare and skincare products that contain virgin olive oil for treatment of acne, hair loss, and dry skin. Moreover, this segment is projected to maintain its dominance throughout the forecast period. One the other hand, the food segment is expected to register the highest CAGR of 12.7% from 2018 to 2025 due to increase in health benefits of olive oil through regular consumption. The report also analyzes the pharmaceuticals and beverages segments.

Leading market players

The key market players analyzed in the report include Colavita S.p.A, Deoleo S.A., FieldFresh Foods Pvt. Ltd., Modi Naturals Limited, R Oomerbhoy Pvt. Ltd., Cargill Inc., Rafael Salgado, Ybarra, Borges International Group, S.L., and Hashmitha Enterprise. These players have adopted different strategies such as mergers & acquisitions, partnerships, joint ventures, collaborations, expansions, and others to sustain and gain a leading position in the industry.

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About Us 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 [email protected]

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SOURCE Allied Market Research

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