North America Olive Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The North American Olive Market is segmented by geography into the United States, Canada, and Mexico which are sub-segmented into production analysis, consumption analysis, import analysis, export analysis, and price trend analysis.

Market Snapshot

north-america-olive-market_Market Summary
Study Period:

2016 - 2026

Base Year:

2020

CAGR:

4 %

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Market Overview

The North American olive market is projected to record a CAGR of 4.0% during the forecast period (2020-2025).

  • The North American olives market has grown rapidly in recent years, majorly driven by a shift in the consumption pattern toward inclusion of olive oil in regular diet and greater usage of table olives.
  • Olive oil is the major constituent in the consumption of olives in the region, the preference for table olive toppings or olives as ‘tapas’ has also been prevalent in recent years, which has translated into regular olive imports to meet the domestic requirements.
  • The United States is one of the largest producers of lime in North America. The production of lime in North America accounted for 138,596 ton in 2018, which is expected to increase in the future, thereby, driving the lime market in the region.

Scope of the report

For the purpose of the report, raw or fresh olives with the botanical name Olea Europaea has been considered for production analysis, consumption analysis, import, and export analyses of various countries in the report. The study discusses the above mentioned factors in countries, such as, Canada, the United States and Mexico.

Geography
United States
Production Analysis
Consumption Analysis and Market Value
Import Analysis by Volume and Value
Export Analysis by Volume and Value
Price Trend Analysis
Canada
Production Analysis
Consumption Analysis and Market Value
Import Analysis by Volume and Value
Export Analysis by Volume and Value
Price Trend Analysis
Mexico
Production Analysis
Consumption Analysis and Market Value
Import Analysis by Volume and Value
Export Analysis by Volume and Value
Price Trend Analysis

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Key Market Trends

Dietary Revolution Leading to an Upsurge in Demand For Olive Oil

A dietary revolution based on the nutritional benefits of olive oil has taken the consumers by stride in recent years. The upsurge in demand may be purely attributed to high health benefits, owing to the presence of monounsaturated fat and antioxidants in olive oil, which helps prevent cardiovascular diseases, hyperlipidemia, and hypertension. As the demand for olive oil is positively correlated with the demand for olives, the rise in the global demand for olive oil has spurred the need for higher production of olives. The olive oil consumption in the United States was 327 thousand metric ton in 2017 which increased considerably to 362 thousand metric tons in 2019 owing to a shift in the consumption of olive oil from the pomace variant to pure, extra light, and virgin categories. Thus, the rising trend of olive oil consumption is therefore anticipated to act as a catalyst in the growth of olive production, hence driving the global olive market.

Olive Market: Consumption of Olive Oil, in thousand metric tons, United States

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United States Accounts for a Major Share in the Production of Olives.

California is where the majority of US olives are produced, and shares a similar climate with many of the Mediterranean countries known for their olive oil production. Favorable climatic conditions in the United States have helped the country to become one of the major producers of olives. Some of the other major producers of olives after the United States were Mexico and Canada. Mexico is recently being examined for the expansion of olive oil processing facilities. The region, Tamaulipas province, in the northeastern part of Mexico, has been chosen as the site for a new olive oil processing plant. Thus, the production of olives in the country is being processed for olive consumption to cater to the rising demand for olive oil and table olives in the region.

Olive Market: Market Share (%), North America, 2018

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Table of Contents

  1. 1. Introduction

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography

      1. 5.1.1 United States

        1. 5.1.1.1 Production Analysis

        2. 5.1.1.2 Consumption Analysis and Market Value

        3. 5.1.1.3 Import Analysis by Volume and Value

        4. 5.1.1.4 Export Analysis by Volume and Value

        5. 5.1.1.5 Price Trend Analysis

      2. 5.1.2 Canada

        1. 5.1.2.1 Production Analysis

        2. 5.1.2.2 Consumption Analysis and Market Value

        3. 5.1.2.3 Import Analysis by Volume and Value

        4. 5.1.2.4 Export Analysis by Volume and Value

        5. 5.1.2.5 Price Trend Analysis

      3. 5.1.3 Mexico

        1. 5.1.3.1 Production Analysis

        2. 5.1.3.2 Consumption Analysis and Market Value

        3. 5.1.3.3 Import Analysis by Volume and Value

        4. 5.1.3.4 Export Analysis by Volume and Value

        5. 5.1.3.5 Price Trend Analysis

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The North America Olive Market market is studied from 2016 - 2026.

The North America Olive Market is growing at a CAGR of 4% over the next 5 years.

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