Leading Olive Oil Producers in The World

Olive oil is a commercial edible oil variety that is naturally extracted from olives, which is obtained from olive trees. The major utilization of olive oil is seen in culinary activities. It is an edible oil type that is also utilized in various other industrial domains, primarily in pharmaceuticals and cosmetics manufacturing processes. The commodity has great health benefits and is hence, included in diets. It is commercially available in varieties that enlists virgin olive oil, extra virgin olive oil, refined, olive pomace, light, pure and more. The oil is one of the healthiest oil varieties available in the global market and has high demand due to its health benefits.

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Let’s scroll down to know more about the key producers of olive oil in the world.

Top 5 olive oil producers in the world

Top 5 olive oil producers in the world are:

Deoleo

Deoleo is a Spanish company that is globally known for its olive oil supplies. It is the largest olive oil producer in the world and sells its products in around 60 countries. It is a multinational company which was established in the year 1955. The company is also involved in the production of vinegar, dressings, and more.  

Sovena

It is one of the leading agri-processor firms that is well-known for its olive oil production on a global scale. It is one of the largest producers of olive oil. The headquarters of the company is located in Portugal. The company was established in 1956. The company sells its olive oil products under various brand names that primarily include Fula, Olivari, Gem, Oliviera Da Serra, and more.

Borges

Borges is one of the oldest and most well-known olive oil brands and is one of the leading producers of olive oil in the global market. The oil variety is one of the healthiest cooking oil or vegetable oil that is available in the commercial market. The company specializes in the production of high-quality olive oil that is distributed in over 120 countries on a large scale. It was established in the year 1896, with its headquarters being located in Spain. The company is also associated with the production of vinegar, nuts, sauces, and more.  

Minerva

Minerva is the Greece’s largest olive oil producing company. The brand is noted as one of the leading producers of olive oil, across the world. It is involved in transportations as well as production processes of vegetable oil and edible products. It was established in the year 1904. The company is based in Greece, and is involved in producing various types of Olive oil such as, extra virgin olive oil, virgin olive oil, vinegars and more.

Gallo

Gallo is one of the major producers of olive oil across the world. The company was first established in the year 1919. Its headquarters is located in Lisbon, Portugal. The company is associated with the production and supply activities of olive oil. Its expertise lies in the quality control analysis of every product manufactured under the brand. With over 90 years of experience, Gallos stands as one of the world's leading olive oil manufacturers and suppliers.

The top 5 leading olive oil-producing countries worldwide

Top 5 olive oil producing countries in the world are:

Spain

Spain is the largest olive oil producer in the world. The country owns the tag of the top manufacturer of premium extra virgin olive oil. The olive oil produced in Spain possesses great flavor and is well-balanced in taste. It is the biggest exporter of extra virgin olive oil in the world.

Italy

The country is recognized for its olive farms and produces several varieties of olive oil, such as lampante oil, refined olive oil, and more. The country produces around 76% of its olive oil from regions like Calabria, Sicily, and Puglia. The export market for olive oil amounted to around $1.73 billion in 2021. With this number, Italy stands as the second largest olive oil exporter in the world.

Portugal

Portugal is the third largest producer of olive oil in the world. The country marks an export market worth $829 million as of 2021. Portugal deals with olive oil extraction and export activities on a large scale. The country owns Trás-os-Montes and Alentejo districts, which are the regions that produce the best quality olive oils across the globe. Some of the olive oil varieties produced in Portugal are Cordovil de Serpa, Galician, Madural, and Verdeal.

Greece

Greece is well known for its olive oil cultivations and maintains an average production of over 430,000 tonnes of olive oil. It is one of the largest producers of olive oil has extends the best quality of the edible oil variety in the world. It exports olive oil to various other countries including US and Canada on a large scale.

Tunisia

Tunisia is a major olive oil-producing country that is known to produce two major varieties of olive oil, namely, Chemlali and Chétoui. The Chemlali variety of olive oil has a fruity and bitter undertone. The country has exported over 205,000 tonnes of olive oil and produced over 240,000 tonnes of olive oil in the year 2021. The country owns an export market for olive oil of around $600 million. It is anticipated to produce around 180,000 tonnes of olive oil this year.

Olive oil is an edible oil variety that seems to have a steady growth that can be seen due to the rising concerns of regular health conditions. The awareness of maintaining good health and body is boosting the demand for olive oil in the food industry. However, the rising prices of olive fruit are causing a slight decline in the rates of olive oil in the global trade market. Along with that, the uncertainty in the climate is also impacting the olive oil price trends in the market. Despite this, countries like Spain, Greece, and Italy stand as the dominant producers of oil commodities across the globe. Hence the oil market will exhibit stable growth in the upcoming days.

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