Market Overview

The Middle East and Africa olive oil market size is projected to grow at a CAGR of 2.18% during the forecast period. The global olive oil market size is projected to grow from USD 14.20 billion in 2022 to USD 18.42 billion by 2030.

The Middle East and Africa are becoming important in the global olive oil market, second only to the largest. The high use of olive oil at home and the increasing knowledge of its health benefits, especially the good fats, are making it more popular. Also, government efforts to support eco-friendly olive farming are likely to help the market grow. This is explained in a report by Fortune Business Insights™ called “Middle East & Africa Olive Oil Market, 2023-2030.”

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List of Key Players Profiled in the Report

• Leya Olive Oil (Egypt)
• Wadi food (Egypt)
• Borges International Group (Spain)
• Bunge Limited (U.S.)
• IFFCO Group (U.A.E)
• Kristal Oil (Turkey)
• IKK Foods (Saudi Arabia)
• Baya Olive Oil (Tunisia)
• GEA Group (Germany)
• Deoleo S.A. (Spain)

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 Turkey, Egypt, Tunisia, Saudi Arabia, Morocco and the Rest of ME&A.

Report Coverage