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Spain’s Contribution to the Olive Oil Market

The demand for olive oil is significantly increasing throughout the world. One of the reasons leading to such a boost is increased health consciousness among people. Basically, olive oil has an array of benefits like aiding weight loss, protecting from heart diseases, and saving from inflammation. It has antioxidants that work wonders for the body too. Moreover, olive oil has been used significantly throughout the world with Spain, Greece, Italy, and Tunisia as the world leaders in its production.

Generally, olive oil is available as a virgin, extra virgin, and refined. Though all of them have distinctive tastes and preferences; extra virgin is the best as it is less processed which makes the oil retain natural nutrition. This is the reason that extra virgin olive oil is more frequently used in healthy diet plans. You can use it in cooking or put it in the salad for a great taste. Moreover, people are becoming more health-conscious than before.

Olive Oil Market in the World:

Aspiring olive oil exporters willing to explore the European market are required to go through lab testing and other sensory tests. Indeed, the companies offering viable benefits have an edge over other newcomer. These benefits could be excellent sensory features and certified marketing tactics.

As the olive oil market is surging high, Spain, Greece, Italy, and Tunisia have been standing as the strongest competitors. In fact, the freshness of the oil, its health benefits, and bottle design are essential factors considered by European buyers. The European market has made it mandatory to test olive oil and other products for health as well as safety measures.

Some of the testing factors are contamination, acidity, taste, efficiency, and consistency. These factors are important as their quality results in improved sales throughout the market. Besides this, it is necessary that the product label should have essential information about the olive oil product. Contamination Controlling Mandates in Olive Oil:

Though the existence of microbiological contaminants is sporadic in olive oil without the presence of water; still, it is necessary to check and ensure high standards of safety. In fact, studies have depicted that coliform bacterium tends to reproduce in olive oil with a lower level of phenolic compounds. It necessitates for the authorities to go for contamination tests, before passing the product.

Spain’s Contribution to the Olive Oil Market:

When it comes to Spain’s contribution to the olive oil market, it stands as the highest. Out of the 3.12 million metric tons of olive oil produced throughout the world in 2018, Spain recorded 1.79 million metric tons. It means that Spain’s contribution to the product of olive oil in the world market goes over 50 percent. The reason is that olive oil is a staple inclusion in a Spanish citizen’s daily diet plan. Apart from this, olive oil’s consumption in Europe is recorded as more than 52 percent. This is the reason that Spain and the European Union have the biggest market share in the global production of olive oil.

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