Europe Olive Oil Market Size, Share, Demand Outlook & Growth, 2032

Market Overview

Europe is the largest region in the global olive oil market, holding the dominant Europe olive oil market share. The region's market size is projected to grow at a CAGR of 3.04% during the forecast period. The global olive oil market size is projected to grow from USD 15.60 billion in 2025 to USD 19.77 billion by 2032.

Europe is the leading region in the global olive oil market. Spain, Italy, Greece, and Portugal are the main producers, contributing approximately 63%, 17%, 14%, and 5% of the region's olive oil, respectively. The market is expected to grow due to increasing sales and production. Additionally, the rising popularity of the Mediterranean diet is likely to boost market development. This information is from a report by Fortune Business Insights™ titled "Europe Olive Oil Market, 2025-2032."

List of Key Players Profiled in the Report

• lli De Cecco di Filippo S.p.A (Italy)

• Farchioni Olii S.P.A. (Italy)

• Deoleo, S.A, (Spain)

• Olive Line International S.L. (Spain)

• La Española Olive Oil Inc., (Spain)

• Marmara GmbH (Germany)

• Acropolis Olive Oil (U.K.)

• Borges International Group (Spain)

• Casa Anadia (Portugal)

• Casa Agrícola Rui Batel, Lda (Portugal)

Segments:

On the basis of type, the market is divided into virgin, refined/pure, and others (lampante oil and pomace oil).

Based on end-user, the market is divided into household/retail, foodservice/HoReCa, food manufacturing, and others.

Geographically, the market is studied across Germany, France, Italy, Spain, the U.K., and the Rest of European countries.

Report Coverage

The report provides a detailed review of the primary market areas and current trends. It discusses the elements that are pushing and slowing down the market, along with how COVID-19 has affected it. It also examines the changes happening in different regions and the tactics employed by major market participants.

Source: https://www.fortunebusinessinsights.com/europe-olive-oil-market-107552

Drivers and Restraints

Rising Popularity of Mediterranean Diet to Propel Market Development

The Mediterranean diet's popularity is expected to increase the demand for olive oil in Europe. This diet is gaining popularity in Belgium, Greece, Iceland, and Spain. To promote the Mediterranean diet and high-quality olive oil, the European Commission has started programs like MedDiet, the Mediterranean Diet Virtual Museum, and MedEat Research. Also, the demand for organic foods in Europe is expected to help the market grow. However, competition from other oils like canola and sunflower oil in some European countries might hinder this growth.

Europe Olive Oil Market Growth

The European olive oil market is experiencing robust growth, propelled by a convergence of key consumer trends. Rising health consciousness and the widespread appeal of the Mediterranean diet are primary drivers, with consumers increasingly aware of olive oil’s benefits. This fuels a strong premiumization trend, where Extra Virgin Olive Oil (EVOO) dominates the market. Consumers are willing to pay more for high-quality, flavourful oils, elevating it from a simple cooking ingredient to a gourmet product.

Spain, Italy, and Greece continue to lead production but face significant headwinds. Climate change is the most pressing issue, with severe droughts and heatwaves drastically reducing harvest yields and causing unprecedented price volatility. This supply instability threatens both producers and the stability of retail prices.

Despite these challenges, the outlook remains positive. The market’s future growth is increasingly tied to value-added segments. Demand for organic, single-origin, and geographically protected (PDO/PGI) oils is surging. This powerful shift towards products with clear provenance and sustainable credentials resonates with ethically-minded consumers, ensuring the market's positive long-term trajectory as it navigates environmental hurdles and reinforces its commitment to quality and transparency.

Competitive Landscape

Improvement in the Quality of Olive Production to Augment Market

The European olive oil market is growing, with big companies like De Cecco di Filippo SPA, Farchioni Ollii SPA, Deoleo SA, Marmara GmbH, and Casa Anadia leading the way. They are expanding in the global and regional markets by offering a variety of products, creating strong brands, and using smart marketing tactics. Also, in October 2020, the European Union started the "ARTOLIO" project through the ENI CBC Med program. This project, funded by the EU, is focused on developing new ways to improve the quality of olive oil.

Key Industry Development

• February 2023- Starbucks Corporation launched a new line in its menu in Italy. The company has started offering new olive oil-infused coffee across 20 stores in the country.