Global Olive Oil Market Synopsis:

The Olive Oil industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Olive Oil market size to maintain the average annual growth rate of 0.0354515028633 from 11800.0 million $ in 2014 to 13100.0 million $ in 2019, Market analysts believe that in the next few years, Olive Oil market size will be further expanded, we expect that by 2024, The market size of the Olive Oil will reach 16800.0 million $.

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Olive oil is a thick liquid that is removed from the fruit of the olive tree by pressing olives. Olive oil has a minimum smoke point of 240C and therefore can be consumed raw. Olive oil utilization is frequently viewed as healthy as it is associated with a lower risk of heart disease and certain cancers including colorectal and breast cancer disease. Olive oil is also a good source of monounsaturated fatty acid and antioxidants such as polyphenols, vitamins E & K, chlorophyll, and carotenoids. The olive oil industry in India has witnessed considerable growth in the recent years due to rise in health-conscious customers. The olive oil market has become more competitive and price sensitive because of the high potential and consistent growth of the olive oil market.

The detailed segments and sub-segment of the Olive Oil Market are given below:

1) Product Type Segmentation:

Extra Virgin Olive Oil
Olive Oil
Olive Pomace Oil
2) Industry Segmentation:

Cooking:
Customer’s inclination towards maintaining a healthy lifestyle has increased the use of olive oil in various food products as an effective alternative.

Cosmetics
Pharmaceuticals
3) Region Segmentation:

North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Top Leading player in Global Olive Oil Market:

Lamasia, Sovena Group, Gallo, Grup Pons, Maeva Group, Ybarra, Jaencoop, Deoleo, Carbonell, Hojiblanca, Mueloliva, Borges, Olivoila, BETIS, Minerva

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Industry news:

Gallo (December 12, 2019)

E. & J. GALLO WINERY AGREES TO MODIFY AGREEMENT WITH CONSTELLATION FOR PURCHASE OF NUMEROUS WINE

E. & J. Gallo Winery (Gallo) announced today that it has agreed to modify its agreement with Constellation Brands, Inc. announced on April 3, 2019, for the purchase of a portfolio of wine brands, along with six winemaking facilities located in California, Washington, and New York.

According to Joseph E. Gallo, Chief Executive Officer of Gallo, “Both the Gallo and Constellation teams are committed to completing the transaction. We see a tremendous opportunity with this acquisition to bring new consumers into the wine category and look forward to integrating these brands into our portfolio and welcoming the new employees to our family winery.”

While Gallo continues to invest in its premium and luxury businesses, this purchase represents the company’s continued commitment to the wine industry and expanding its portfolio of offerings at every price point. Gallo plans to devote its efforts to revitalizing these brands, while continuing to make the highest quality wines for consumers to enjoy.

The modified transaction is subject to regulatory clearance and other customary and routine closing conditions. Gallo and Constellation currently expect to complete the transaction prior to March 1, 2020.

Significant points in table of contents of Global Olive Oil Market Report 2020:

1 Olive Oil Product Definition

2 Global Olive Oil Market Manufacturer Share and Market Overview

3 Manufacturers Olive Oil Business Introduction

4 Global Olive Oil Market Segmentation (Region Level)

5 Global Olive Oil Market Segmentation (Product Type Level)

6 Global Olive Oil Market Segmentation (Industry Level)

7 Global Olive Oil Market Segmentation (Channel Level)

8 Olive Oil Market Forecasts 2020-2024

9 Olive Oil Segmentation Product Type

10 Olive Oil Segmentation Industry

11 Olive Oil Cost of Production Analysis

12 Conclusions

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