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