The global olive oil market is expected to post a CAGR of over 3% during the period 2019-2023, according to the latest market research report by Technavio, AP notes in the following article.
A critical factor driving the growth of the market is the health benefits of olive oil. One of the primary reasons behind the growing demand and consumption of olive oil is the associated health benefits. Olive oil forms a unique and tasty alternative to conventional edible oils. Besides, its gluten-free nature is an additional value-added advantage over the other cooking oils. Therefore, with such benefits, the market is expected to showcase a positive outlook during the forecast period.
As per Technavio, the expanding production areas will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global olive oil market 2019-202 3 research report also analyzes other major trends and market drivers that will affect market growth over 2019-2023.
Read more at thenationalherald.com
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Petr Pakandl
