Product Code: ETC223059 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Saudi Arabia Olive Oil Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 10.87% in 2027, following an initial rate of 8.92%, before easing to 8.85% at the end of the period.
Olive oil holds a significant place in saudi arabia culinary traditions and has also garnered attention for its health attributes. The saudi arabia olive oil market demonstrates a blend of local olive production and imports to meet consumer needs. The market`s growth is shaped by factors such as changing dietary preferences, increasing awareness of the Mediterranean diet, and the government`s initiatives to promote domestic olive cultivation. Both traditional and modern distribution channels contribute to making olive oil widely accessible across the country.
saudi arabia olive oil market has been expanding rapidly, driven by a combination of factors such as the health benefits associated with olive oil consumption, the cultural significance of olives, and the government`s focus on domestic olive cultivation. Consumers` preference for healthier cooking oils and the incorporation of olive oil into various traditional and international cuisines have contributed to market growth.
The Saudi Arabia Olive Oil market confronts several challenges despite the rising global demand for this healthy cooking oil. The country`s desert climate limits domestic olive cultivation, necessitating significant imports to meet consumer needs. This heavy reliance on external sources exposes the market to supply chain disruptions and price fluctuations. Moreover, there might be a preference for traditional cooking oils in the local cuisine, posing a barrier to the widespread adoption of olive oil. Educating consumers about the health benefits and culinary uses of olive oil, while addressing the cost concerns, requires strategic marketing efforts. Market players must navigate these challenges while ensuring a steady supply, maintaining product quality, and fostering a taste for olive oil in cooking.
The Saudi Arabia olive oil market faced multifaceted challenges due to the COVID-19 pandemic. Disruptions in global supply chains and limitations on international trade impacted the import of olive oil products. The closure of foodservice establishments further reduced demand for olive oil, particularly in the hospitality sector. Despite this, the market showed signs of resilience as consumers turned towards cooking at home, boosting the retail segment of olive oil sales. Health considerations also played a role, as olive oil is perceived as a healthier cooking option. The market experienced price fluctuations driven by supply chain disruptions, changing consumer behavior, and currency exchange rates. As economies reopen and the foodservice industry recovers, the olive oil market is expected to regain stability, with a potential for growth in both retail and foodservice sectors.
In the saudi arabia olive oil market, leading players like Saudi Vegetable Oil and Ghee Co. (SAVOLA), Al-Jouf Agricultural Development Co., and Dabbagh Group are dominant forces. These companies produce high-quality olive oil products for the domestic and international markets.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Olive Oil Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Olive Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Olive Oil Market - Industry Life Cycle |
3.4 Saudi Arabia Olive Oil Market - Porter's Five Forces |
3.5 Saudi Arabia Olive Oil Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Saudi Arabia Olive Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Saudi Arabia Olive Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Saudi Arabia Olive Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Olive Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Olive Oil Market Trends |
6 Saudi Arabia Olive Oil Market, By Types |
6.1 Saudi Arabia Olive Oil Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Olive Oil Market Revenues & Volume, By Nature, 2021-2031F |
6.1.3 Saudi Arabia Olive Oil Market Revenues & Volume, By Conventional, 2021-2031F |
6.1.4 Saudi Arabia Olive Oil Market Revenues & Volume, By Organic, 2021-2031F |
6.2 Saudi Arabia Olive Oil Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Olive Oil Market Revenues & Volume, By Virgin Olive Oil, 2021-2031F |
6.2.3 Saudi Arabia Olive Oil Market Revenues & Volume, By Refined Olive Oil, 2021-2031F |
6.2.4 Saudi Arabia Olive Oil Market Revenues & Volume, By Extra Virgin Olive Oil, 2021-2031F |
6.2.5 Saudi Arabia Olive Oil Market Revenues & Volume, By Olive Pomace Oil, 2021-2031F |
6.3 Saudi Arabia Olive Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Olive Oil Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
6.3.3 Saudi Arabia Olive Oil Market Revenues & Volume, By Convenience stores, 2021-2031F |
6.3.4 Saudi Arabia Olive Oil Market Revenues & Volume, By Online Channel, 2021-2031F |
6.3.5 Saudi Arabia Olive Oil Market Revenues & Volume, By Others, 2021-2031F |
6.4 Saudi Arabia Olive Oil Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Olive Oil Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.4.3 Saudi Arabia Olive Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.4 Saudi Arabia Olive Oil Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.4.5 Saudi Arabia Olive Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Olive Oil Market Import-Export Trade Statistics |
7.1 Saudi Arabia Olive Oil Market Export to Major Countries |
7.2 Saudi Arabia Olive Oil Market Imports from Major Countries |
8 Saudi Arabia Olive Oil Market Key Performance Indicators |
9 Saudi Arabia Olive Oil Market - Opportunity Assessment |
9.1 Saudi Arabia Olive Oil Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Saudi Arabia Olive Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Saudi Arabia Olive Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Saudi Arabia Olive Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Olive Oil Market - Competitive Landscape |
10.1 Saudi Arabia Olive Oil Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Olive Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |