South America Olives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 665.46 Billion |
| Market Size (2029) | USD 817.46 Billion |
| CAGR (2024 - 2029) | 4.20 % |
South America Olives Market Analysis
The South America Olive Market size is estimated at USD 665.46 billion in 2024, and is expected to reach USD 817.46 billion by 2029, growing at a CAGR of 4.20% during the forecast period (2024-2029).
In the production of olive, Peru tops with the highest production accounting for 189 thousand metric ton, followed by Argentina, which accounted for 175 thousand metric ton in 2018, thus holding the largest share of South America production. Chile holds the third-largest share.
South America Olives Market Trends
This section covers the major market trends shaping the South America Olive Market according to our research experts:
Rising Production of Olive in South America to Meet the Growing Demand
The high demand for olives is also reflected through the increase in the production of olives within the region. As per the FAO, the production of olives in the region saw an increase of 10% to 40% during the period 2016 to 2018. Peru, Argentina, Chile, Uruguay, and Brazil are the major producers of olives in South America, among which Peru and Argentina are the largest producers accounting for 70% of the production. Till 2017, Argentina and Chile were the top producers, but in 2018, Peru topped in the production accounting for 188,982 metric ton. Furthermore, the producers are applying different fermentation methods to treat olives and present the final assorted products for consumption to meet the demand, which, in turn, may boost the olive market in South America during the forecast period.
Peru Dominates the Export of Olives
Peru is the major exporter of olives in the South American region. Across all provinces, modern production systems co-exist with traditional systems, which add as a boon for the production of olives in Peru. Modern farming systems, such as intensive and super-intensive farming, are the models generally applied in the various olives growing in various regions of this country. The favorable climate of Peru boosts production, and thus, high yield and good quality create the demand for export, which, in turn, may boost the market during the forecast period. Ecuador, the United States, Brazil, and Jordan are some of the major importers of olives from Peru.
South America Olives Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Value Chain Analysis
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5. MARKET SEGMENTATION
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5.1 Geography
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5.1.1 South America
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5.1.1.1 Argentina
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5.1.1.1.1 Production Analysis
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5.1.1.1.2 Consumption Analysis and Market Value
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5.1.1.1.3 Import Analysis by Volume and Value
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5.1.1.1.4 Export Analysis by Volume and Value
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5.1.1.1.5 Price Trend Analsysis
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5.1.1.2 Peru
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5.1.1.2.1 Production Analysis
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5.1.1.2.2 Consumption Analysis and Market Value
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5.1.1.2.3 Import Analysis by Volume and Value
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5.1.1.2.4 Export Analysis by Volume and Value
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5.1.1.2.5 Price Trend Analsysis
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5.1.1.3 Chile
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5.1.1.3.1 Production Analysis
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5.1.1.3.2 Consumption Analysis and Market Value
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5.1.1.3.3 Import Analysis by Volume and Value
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5.1.1.3.4 Export Analysis by Volume and Value
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5.1.1.3.5 Price Trend Analsysis
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6. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Olives Industry Segmentation
Olives are small, oval-shaped fruits with a hard stone and bitter flesh that are green when unripe and bluish-black when ripe, mostly used as food and as a source of oil. Market estimations have been made based on the production, consumption, and trading in terms of import and export of fresh and/or chilled olives domestically, as well as internationally, along with the price trends.
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South America Olives Market Research FAQs
How big is the South America Olive Market?
The South America Olive Market size is expected to reach USD 665.46 billion in 2024 and grow at a CAGR of 4.20% to reach USD 817.46 billion by 2029.
What is the current South America Olive Market size?
In 2024, the South America Olive Market size is expected to reach USD 665.46 billion.
What years does this South America Olive Market cover, and what was the market size in 2023?
In 2023, the South America Olive Market size was estimated at USD 638.64 billion. The report covers the South America Olive Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Olive Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Olives Industry Report
Statistics for the 2024 South America Olives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Olives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
