The Olive Oil Market | United States

Olive oil consumption is increasing all over the world and the US is no exception. With the country turning towards healthier options, the demand for olive oil has gone up considerably.

The US alone consumes 316,000 tons of olive oil as recorded in 2017, while in 2000 it was only 209,000. The revenue in 2016 was $71 million and the CAGR was a 9.2%. This has immense scope for growth as America itself is emerging as a worldwide competitor for olive oil sales.

A large amount of the olive oil consumed in the US comes from places such as Italy, Spain and Tunisia. Spain contributes to 45% of the consumption while Italy contributes to 43%, Tunisia 4%, and the rest of the world, 8%.

There is a vast shift in this trend however as California is emerging with huge olive fields that can contribute to a larger percentage of consumption. By the end of 2016, almost 13,300 tons of olive oil was produced and shipped. In contrast to this, America exports a low amount and countries such as Mexico and Canada are the only buyers.

The industry has thrived since its introduction and will continue to. The only possible factors that could affect this industry are lack of skilled labor and capital requirements.

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California Olive Ranch

  • Country : United States
  • Turnover :
  • Position : California Olive Ranch is a company that was established in Northern California and is famous for its extra virgin olive oil.

Homestead Olive Ranch

  • Country : United States
  • Turnover :
  • Position : Homestead Olive Ranch started out as a small scale venture and is now a huge brand that is known for its Leccino olive trees.

Campo de Tosca

  • Country : Spain
  • Turnover :
  • Position : The company was started as a family business and now exports its famous extra virgin olive oil.

Cobram Estate

  • Country : Australia
  • Turnover :
  • Position : This company is known to produce Australia’s finest olive oils and are famous for their herb infused oils.

Antico Frantoio Muraglia

  • Country : Italy
  • Turnover :
  • Position : The company is one of the oldest in Italy and is known for its ancient ways of pressing the olives for oil. They use the Coratina olive tree produce different types of oils.

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