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Top 5 Olive Oil Companies in the World

Originally Published on: SpendEdge |Top 5 Olive Oil Manufacturers Around the World

Olive oil, a liquid fat derived from olives, is widely used in cooking and has gained popularity due to its health benefits and culinary versatility. The cultivation of olive trees has ancient origins, dating back to the 8th millennium BC in the Mediterranean basin. The global olive oil market is subject to strict regulations, primarily overseen by the International Olive Council (IOC), which governs approximately 90%–95% of global production. Commercially, olive oil is categorized based on its acidity, measured by the weight of free oleic acid in a specific quantity. Various types of olive oil are available in the market, including virgin olive oil, extra virgin olive oil, refined olive oil, and olive pomace oil. SpendEdge's procurement market intelligence report on the global olive oil market emphasizes the increasing trend of adopting healthier dietary habits in both developed and emerging economies, which serves as a significant driver for market growth. Additionally, the report profiles the top global olive oil manufacturers.

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Top 5 Global Olive Oil Manufacturers

Deoleo

Deoleo is a Spanish multinational corporation that holds a prominent position in global bottled olive oil sales. The company distributes its products to over 60 countries and maintains a diverse product portfolio featuring 40 brands, including Carbonell, Carapelli, Bertolli, and Sasso. Deoleo also owns leading brands in the seed oil market in Italy and Spain, along with a substantial presence in the dressings, vinegar, and table olives segments. Among its brands, Carbonell is the leading olive oil brand in Spain and records the highest sales figures among all Spanish olive oil brands.

Sovena

Sovena is a notable agri-processor that operates across the entire olive oil value chain, covering production through distribution. In addition to olive oil, Sovena manufactures olives, soaps, and cooking oils, categorizing its business divisions into consumer goods, oilseeds, agriculture, and biodiesel. This olive oil manufacturer markets its oil products under various brand names, including Oliviera Da Serra, Andorinha, Fula, Olivari, Gem, Tri-Fri, Clarim, Vege, and Fontoliva. In 2016, Sovena's Oliveira Da Serra brand developed a marketing and distribution strategy to expand its presence in China and Russia, further strengthening its global market footprint.

Borges

Borges Mediterranean Group is a global food processing enterprise known for its expertise in industrial processing, packaging, and marketing of seeds, olive oil, dried fruits, and vinegar. The company maintains an extensive network of distribution and transportation agents, exporting its products to over 120 countries and generating revenues exceeding $820 million. Apart from olive oil, Borges offers a wide range of products, including pastas, sauces, olives, vinegars, vinaigrettes, nuts, and balsamic condiments.

Minerva

Minerva is one of Greece's largest food companies and olive oil manufacturers, specializing in olive oil production and cheese manufacturing. The company exports its products to 42 major countries. Minerva engages in the manufacturing and distribution of products such as virgin olive oil, extra virgin olive oil, organic extra virgin olive oil, balsamic vinegars, and gourmet cheeses. In 2014, Minerva was awarded the Food Safety & Quality Management System Certification for its facilities located in Schimatari and Piraeus, Greece.

Gallo

Gallo is a leading Portuguese-based olive oil business with extensive experience in collaborating with olive tree growers, mill owners, research experts, and quality control professionals. Boasting over 90 years of expertise in olive oil production, the company adheres to stringent quality standards and collaborates closely with olive tree growers, experts, mills, and researchers to continually enhance its product offerings. Gallo has received numerous accolades for its excellence in olive oil manufacturing, including awards from the Concurso Internacional de Aceites de Olivia Virgen, Copenhagen International Olive Oil Awards, iTQi Superior Taste Award, and Los Angeles International Extra Virgin Olive Oil, among others.

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