Exploring Olive Market Opportunity, Latest Trends, Demand, and Development By 2030

 MarkNtel Advisors has recently published a research report that delves into the Global Olive Market Research Report: Forecast (2024-2030). This report aims to improve user comprehension and facilitate informed decision-making by thoroughly examining significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. Utilizing both qualitative and quantitative data, the report provides a comprehensive overview, offering detailed growth prospects and succinct insights into competitors to familiarize both established businesses and newcomers with the current market scenario.

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Olive Market Insight and Analysis:

The Global Olive Market size was valued at USD 13.98 billion in 2023 & is projected to reach USD 19.47 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.85% during the forecast period, i.e., 2024-30.

Global Olive Market Driver:

Expansion of Quick Service Restaurant (QSR) Chains to Generate Noteworthy Demand for Table Olives – Consumers residing in countries of North America, Europe, and Asia-Pacific are witnessing rapid urbanization and a substantial increase in disposable income. This has affected the eating behavior of individuals & enhanced the inclination towards fast food, which subsequently has led to a surge of quick service restaurants (QSRs). Major QSRs chains like Subway, Taco Bell, Domino’s Pizza, etc., have expanded their network across the globe, which spurred their number during 2019-2023. For instance:

 

In 2023, Burger King announced its plan to launch 200 new Burger King restaurants annually in China.

These QSRs generally serve fast food items like burgers, sandwiches, pizza, pasta, etc., all of which have table olives as a main ingredient, which significantly augments the need for olives. Moreover, owing to the low-pricing & quick service of these outlets, consumers are getting more habitual of the fast food offered by QSR. Hence, the QSR chains are predicted to expand further, which would continuously generate demand for olives during the forecast period.

 Olive Industry Segmentation:

-By Type

-Green Olive- Market Size & Forecast 2019-2030, (Thousand Tons)

-Black Olive- Market Size & Forecast 2019-2030, (Thousand Tons)

-By Product

-Raw Olive- Market Size & Forecast 2019-2030, (Thousand Tons)

-Canned Olive- Market Size & Forecast 2019-2030, (Thousand Tons)

-Frozen Olives- Market Size & Forecast 2019-2030, (Thousand Tons)

-Dried Olives- Market Size & Forecast 2019-2030, (Thousand Tons)

-Pickled Olives- Market Size & Forecast 2019-2030, (Thousand Tons)

-Others (Stuffed Olives, Marinated Olives, etc.)- Market Size & Forecast 2019-2030, (Thousand Tons)

-By End User

-Households- Market Size & Forecast 2019-2030, (Thousand Tons)

-Food Service Sector- Market Size & Forecast 2019-2030, (Thousand Tons)

-By Sales Channel

- Direct/B2B- Market Size & Forecast 2019-2030, (Thousand Tons)

-Indirect/B2C- Market Size & Forecast 2019-2030, (Thousand Tons)

- Hypermarkets/Supermarkets- Market Size & Forecast 2019-2030, (Thousand Tons)

- Convenience Store- Market Size & Forecast 2019-2030, (Thousand Tons)

- Online Stores- Market Size & Forecast 2019-2030, (Thousand Tons)

- Others- Market Size & Forecast 2019-2030, (Thousand Tons)

-By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

Browse Full Report - https://www.marknteladvisors.com/research-library/olive-market.html

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

A thorough examination of the competitive landscape of the market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company's profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, including Olive Line International S.L, GARO-Aceituna Verde SL, FRUYPER SA, 2Brothers Company, EVGE Hellenic Food Company, GAIA Olives, Olives Escamilla, Eugene Brunel, Bell-Carter Foods, LLC, Agrosevilla, Sovena Group, La Salerosa, OliveOilsLand, Artem Oliva, Aceitunas Guadalquivir S.L etc.

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About Us:

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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