` Indian Olive Oil Market Forecast Released - Olive Oil Times

Indian Olive Oil Market Forecast Released

Sep. 11, 2012
Vikas Vij

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IBNA Research, a part of the Indian Business News Agency (IBNA) has released a five-year fore­cast for the olive oil mar­ket in India. The report titled Indian Olive Oil Market Forecast to 2017” includes the lat­est data and a detailed analy­sis of the recent growth pat­terns of olive oil in India.

In addi­tion to the com­pi­la­tion and analy­sis of avail­able sta­tis­tics on the olive oil demand, the report includes infor­ma­tion on leg­is­la­tion, import trends, pric­ing lev­els and an in-depth analy­sis of the mar­ket share of dif­fer­ent play­ers in the olive oil mar­ket in India.

The report says that from 2008 to 2012, the olive oil mar­ket in India has wit­nessed sig­nif­i­cant growth rates. It points to the fact that India does not pro­duce a drop of olive oil, yet the demand for olive oil has shown con­sis­tently high growth year in recent years. With the mar­ket reg­is­ter­ing strong annual growth rates of even more than 100 per­cent in some years, the lead­ing olive oil brands cur­rently sell­ing in the Indian domes­tic mar­ket can expect a bright future, accord­ing to the report.

The report is avail­able for pur­chase for 1,208 euros.

The ris­ing con­scious­ness about health cou­pled with a strong GDP growth in India over the last few years has led to a new demand for olive oil from a very large Indian mid­dle class pop­u­la­tion. With an aver­age urban Indian’s grow­ing incli­na­tion towards healthy food alter­na­tives, olive oil is well posi­tioned to be a leader in the edi­ble oils cat­e­gory in the coun­try.

The new mar­ket research and fore­cast report will help inter­na­tional olive oil man­u­fac­tur­ers and exporters to have a bet­ter under­stand­ing of the olive oil mar­ket in India, the local con­sumer pref­er­ences and afford­able price points. The report also pro­vides insights into India’s demo­graph­ics and macro-eco­nomic indi­ca­tors, includ­ing an analy­sis of var­i­ous Indian cities that are poised for growth in demand for healthy food prod­ucts such as olive oil.

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