India Olive Oil Market Research Report 2025-2033: Size, Share, Latest Trends, Industry Growth and Outlook

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Attributes and Key Statistics of the India Olive Oil Market Report by IMARC Group:

Base Year: 2024

Forecast Years: 2025-2033

Historical Years: 2019-2024

Units: USD Million

Market Size in 2024: USD 515.2 Million

Market Forecast in 2033: USD 1,558.3 Million

Market Compound Annual Growth Rate 2025-2033: 12.14%

As indicated in the latest market research report published by IMARC Group, titled “India Olive Oil Market Report by Type (Virgin Olive Oil, Refined Olive Oil, Extra Virgin Olive Oil, Olive Pomace Oil, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Stores, and Others), Application (Food and Beverage, Pharmaceuticals, Cosmetics, and Others), and Region 2025-2033,” this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.

India Olive Oil Market Size & Future Growth Potential:

The India olive oil market size was valued USD 515.2 Million in 2024. By 2033, this figure is projected to reach around USD 1,558.3 Million, with a compound annual growth rate (CAGR) of 12.14% over the forecast period (2025-2033).

Core Factors Driving Market Trends:

The India olive oil market is undergoing rapid changes that are being influenced by consumer preferences that are changing towards more healthy lifestyles and more expensive cooking oils. Health-conscious consumers are increasingly opting for olive oil due to its many health benefits. The product has been praised for its high level of monounsaturated fats and antioxidants besides being labeled as one of the best oils for the heart. Along with that, the trend of urbanization and the rise of disposable incomes have triggered the demand, mainly in the cities where the fascination with Mediterranean and other foreign cuisines is extending the customer base of restaurant and food industry.

In the meantime, the digital platforms and e-commerce have been significantly impacting the market for imported brands of olive oil by increasing the number of consumers who now have access to the brands which were traditionally only available in select physical stores. This development is helping customers have a wider range of choices. The market has become more complicated with the popularity of organic and extra-virgin olive oil varieties where the demand finds the supply in buyers who seek for the purest and highest quality oil. The trend of gourmet cooking shows and the use of celebrity endorsements have absolutely contributed to increasing the level of awareness and thus the usage of olive oil. Besides, the manufacturers are actually coming up with a new version of olive oil that is flavor-enhanced so that they can bring in people who are passionate about cooking to try the product with flavors like garlic and herb-infused becoming more popular.

The accessibility of a variety of shopping options like supermarket and hypermarket has played a great role in the visibility and availability of the product as they the modern retail formats have been increasingly prevalant. Moreover, the idea that the government is also promoting the adoption of good nutritional practices and the benefits of olive oil in fighting lifestyle diseases is becoming a part of the expansion of the market. Post-pandemic behaviors are still having an effect on the grocery market trend which is in favor of online shopping with customers and their loyalty being easily accomplished by platforms that offer discounts and subscription-based models for ease of ordering.

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India Olive Oil Market Scope and Growth Analysis:

The India olive oil market is a big pot of gold that has become evident because of increasing health consciousness and the spreading of chronic diseases. If consumers choose olive oil only for these reasons, the market's demand will undoubtedly grow. the market is divided into different qualities, consisting of extra-virgin, virgin, and refined olive oil, with the extra-virgin types leading the way in the future trend because of their better quality and health-promoting effects.

Besides, the foodservice sector like cafes, restaurants, and hotels has been growing, which is encouraging the olive oil industry to make large purchases for the preparation of gourmet and fusion dishes. On the other hand, domestic production of olive oil is still limited, so there is a substantial dependence on the imports of Spain, Italy, and Greece, which is a great support for foreign brands to enter the Indian market. Furthermore, the advertising strategies of offering olive oil as the perfect solution of cooking, dressing, and skincare are attracting more and more people.

The establishment of private-label brands and the employment of competitive pricing strategies are two major pillars that olive oil is not only accessible to the high class but also to the middle-income group of consumers. Also, it is worth noting that the advancement in the distribution system and the formation of partnerships with local retailers have opened up market opportunities in cities of Tier 2 and Tier 3 area. The change towards vegetarian and natural products has been beneficial to olive oil considering the fact that here it is promoted as a healthy alternative which is the factor that makes it continue to grow in the next years.

Comprehensive Market Report Highlights & Segmentation Analysis:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest India olive oil market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

Type Insights:

  • Virgin Olive Oil
  • Refined Olive Oil
  • Extra Virgin Olive Oil
  • Olive Pomace Oil
  • Others

Distribution Channel Insights:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others

Application Insights:

  • Food and Beverage
  • Pharmaceuticals
  • Cosmetics
  • Others

Regional Analysis:

  • North India
  • East India
  • West and Central India
  • South India

Competitor Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Key highlights of the Report:

  • Historical Market Performance
  • Future Market Projections
  • Impact of COVID-19 on Market Dynamics
  • Industry Competitive Analysis (Porter’s Five Forces)
  • Market Dynamics and Growth Drivers
  • SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
  • Market Ecosystem and Value Creation Framework
  • Competitive Positioning and Benchmarking Strategies

Major Advantages of the Report:

  • This report provides market leaders and new entrants with accurate revenue estimates for the overall market and its key subsegments.
  • Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.
  • The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.

Why Choose IMARC Group:

  • Extensive Industry Expertise
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