Market Size of Asia Pacific Olive Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 9.56 Billion |
| Market Size (2029) | USD 11.73 Billion |
| CAGR (2024 - 2029) | 4.20 % |
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Asia Pacific Olives Market Analysis
The Asia Pacific Olive Market size is estimated at USD 9.56 billion in 2024, and is expected to reach USD 11.73 billion by 2029, growing at a CAGR of 4.20% during the forecast period (2024-2029).
Global demand for olive oil in food and other industrial practices is the prime driver of the olive market. The market for olive oil in food and beverage is growing at a rapid pace owing to the surging demand from consumers for the nutritional values of olive oil. While olive oil has traditionally found applications in soaps, cosmetics, and pharmaceutical products, its use in the food and beverage industry has shown positive growth. This trend is seen to continue over the forecast period. Olive production in the Asia Pacific is very low and depend on imports.
