The latest report by IMARC Group, titled “Australia Olive Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025–2033”, offers a comprehensive analysis of the Australia olive oil market's growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia olive oil market size reached USD 422.8 million in 2024. Looking forward, IMARC Group expects the market to reach USD 638 million by 2033, exhibiting a growth rate (CAGR) of 4.20% during 2025–2033.
Base Year: 2024
Forecast Years: 2025–2033
Historical Years: 2019–2024
Market Size in 2024: USD 422.8 Million
Market Forecast in 2033: USD 638 Million
Market Growth Rate 2025–2033: 4.20%
Australia Olive Oil Market Overview
The Australian olive oil advertise is experiencing solid development, fueled by rising wellbeing mindfulness, a developing intrigued in Mediterranean diets, and a inclination for common and natural items. Request for premium and natural olive oils is on the rise, with customers progressively looking for high-quality alternatives such as cold-pressed and additional virgin assortments. Maintainable and traceable residential generation hones are too playing a key part in affecting acquiring choices, particularly in urban regions. Moreover, the growing determination of gourmet olive oils in retail outlets is empowering customer interest and experimentation.
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Australia Olive Oil Market Trends and Drivers
Key drivers influencing the Australia olive oil market include:
- Health and Wellness Trends: Consumers are increasingly adopting health-focused diets that include olive oil for its health benefits, which is a primary driver of the olive oil market.
- Culinary Preferences: The globalization of Mediterranean cuisine is contributing to the growth of the olive oil market, as olive oil is a key ingredient in many Mediterranean dishes.
- Technological Advancements: With the increasing penetration of the internet and the convenience of online shopping, consumers are more inclined to purchase olive oil through online channels.
Australia Olive Oil Market Segmentation:
1. By Type:
- Extra Virgin Olive Oil
- Virgin Olive Oil
- Refined Olive Oil
- Olive Pomace Oil
- Others
2. By Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
3. By Application:
- Food and Beverage
- Pharmaceuticals
- Cosmetics
- Others
4. By Region:
- New South Wales
- Victoria
- Queensland
- Western Australia
- South Australia
- Tasmania
- Others
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Australia Olive Oil Market News:
- April 2024: Primo Estate introduced the 2024 JOSEPH First Run Extra Virgin Olive Oil, produced from early-harvest olives, providing green banana aromas and a crisp peppery finish.
- March 2024: The Australian Olive Association reported challenges in olive oil production due to environmental factors, impacting both domestic supply and export opportunities.
Key Highlights of the Report:
- Market Performance (2019–2024)
- Market Outlook (2025–2033)
- COVID-19 Impact on the Market
- Porter's Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients across all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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