Transparency Market Research points out that olive oil has seen a sudden spike in the food and beverages industry in its latest research report. The publication, titled “Olive Oil in Food and Beverages (Virgin Olive Oil, Refined Olive Oil, Extra Virgin Olive Oil) Market – Global Industry Analysis, Size, Share, Trends and Forecast 2016 – 2024”, presents an in-depth explanation of the factors that are likely to support this trend. It also studies the elements that are expected to restrain the global market in the coming years. The research report has been compiled using primary and secondary research methodologies to present an accurate and an exact picture of the global olive oil in food and beverages market.
The soaring success of olive oil can be attributed to the growing awareness about its benefits. Olive oil can be easily termed as a multipurpose oil, which can be used from cooking to skin care and for everything in between. Today, olive oil is used extensively in the production of pharmaceuticals, cosmetics, and for cooking purposes. However, its use in production of food and beverages continues to be the highest. Olive oil is known to fight cardiovascular diseases, good for weight management, osteoporosis, and many other health issues. The rising popularity of Mediterranean food is expected to fuel the uptake of olive oil in the food and beverages to a considerable extent during the forecast period.
From a geographical point of view, the global olive oil in food and beverages market can be segmented into Europe, North America, Asia Pacific, and Rest of the World. Out of these, the demand for olive oil in food and beverages is expected to remain high all across North America. Easy availability, better rate of affordability, higher level of awareness are all projected to supplement growth of the regional market.
Meanwhile, the consumption of olive oil in food and beverages across Asia Pacific is also expected to show steady rise as consumers are realizing its health benefits. Rising incidents of cardiovascular diseases and diabetes have created a shift in inclination toward healthy eating habits. This trend is expected to propel the demand for olive oil in food and beverages across Asia Pacific during the forecast period.
Request to view Sample Report:
Analysts pick out Deoleo, Colavita, Salov, Borges, Ybarra, Sovena Group, and Pompeian as the leading players operating in the global olive oil in food and beverages market. The research report profiles these players and highlights the nature of the competitive landscape present in the overall market. Analysts have also evaluated the research and development statuses of these companies, their financial outlooks, and their business and marketing plans in the forthcoming years. The research report also includes comments and suggest by industry leaders, which authenticates the information and highlights the emerging trends present in the global olive oil in food and beverages market.