US Olive Oil Market - Strategic Insights and Forecasts (2026-2031)

The US Olive Oil Market is anticipated to increase at a CAGR of 8.2%, growing from USD 2.09 billion in 2026 to a projected USD 3.1 billion by 2031. This forecast highlights a significant upward trend in market value over the next five years.

The leading industries driving olive oil demand in the US are cosmetics and pharmaceuticals, where it's used in baby products, moisturizers, shampoos, and soap production. Additionally, the food and beverage industry's growing application of vegetable oils and olive oil's recognized nutritional and medicinal properties contribute significantly to its market value.

The COVID-19 pandemic negatively affected the US olive oil market due to isolations and lockdowns, which declined production and consumption. Restaurant closures and a 20% decrease in commercial road transport, as reported by the US DOT, further contributed to a steep fall in market value.

BERTOLLI is a leading olive oil brand with a major market share in the US edible oil market, launching products like baby massage oil. GENERICS and FELIPO BERIO are also key players, with GENERICS contributing to market growth through innovative products such as its sulfate-free olive oil shampoo.

Olive oil's profile is enhanced by its presence of monosaturated fatty acids, hexadecenoic acid, and linolic acid. It is used in cosmetics for moisturizing and conditioning due to oleic acid, and in pharmaceuticals for its enzymes and essential fatty acids known to prevent heart diseases and serve as a low-cholesterol edible oil substitute.

The rising cosmetic market is significantly hiking the market value of olive oil, as the US sees its cosmetic product export and import grow at 4.7% globally. Olive oil, particularly its oleic acid content, is a major component in soap production, baby products, and innovative hair care items like sulfate-free shampoos, aligning with this growth trend.