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According to Renub Research’s latest report, “Olive Oil Market, Size, Global Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis” Global Olive Oil Market is estimated to reach US$ 17.93 Billion by 2028. The European Union is the world’s largest olive oil producer, with production it is concentrated in Spain. Olive oil is considered a significant component of the Mediterranean diet. The primary usage of olive oil is in cooking and salad preparation. Besides cooking, these oils are used in healthcare products, medicines, therapies, and body massages. In 2022, According to the Journal of the American College of Cardiology, Olive Oil Consumption will prevent cardiovascular damage half a tablespoon of olive oil a day can reduce the chances of developing heart disease by up to 14%.

Greeks consumed the most Olive Oil around the world

It is estimated that around 3 million tons of olive oil are consumed worldwide annually. Rising awaren

Olive oil forms a different and tasty substitute to conventional edible oils. Considering its nutritional value and taste, olive oil is being consumed by a huge pool of the global population. It is extensively preferred for its properties to prevent heart diseases by maintaining cholesterol levels in the body. It also has moisturizing and exfoliating properties, which leads to its usage in different pharmaceuticals and cosmetics products. Olive oil offers various applications such as spray for dressing, cosmetics, and personal care, uses in foods, and medicines. Owing to these factors, there is a vast demand for Olive Oil in the Market. As per Renub Research Report, Global Olive Oil Market will be US$ 17.73 Billion by 2027.

In this report, we have covered the market of Olive oil market by type, which includes Extra Virgin Oil, Virgin Oil, and Other Olive Oil. Extra virgin olive oil is the most eminent quality olive oil utilized by a majority of health-conscious people. Based on end-use