The love for the olive and olive oil knows no boundaries. The fund will grow in numbers, especially in new distribution areas, including South America and China. The family of olive oil only accounts for 1.7% of global consumption of fat, with a per capita annual consumption of only 420 grams
And the future?
An international study, sponsored by GEA, reveals how they are already 56 countries producing olive oil and expects the sector to grow inexorably over the next four years.
At present, it produces the world an average of 3.1 million tons of olive oil, with an annual growth of 3.1% (13% in the last four years), which allows you to seek to achieve, in 2020, the 4.1 million tons.
But the oil from olives like more and more. In fact, there is an increase in consumption over the last four years, amounting to 13.4%, and it is estimated that they will grow up to 2.9 million tons of olive oil, thanks all'ingressi ten new consumer countries , bringing the total number of oil "in love" at an altitude of 174 countries from olives.
And although the olive oil represents only 1.7% of the global consumption of fat, with a per capita annual consumption of only 420 grams, the growth potential is high.
In fact, since most of the consumption it is strongly supported by the producers (83% countries of the world population), who have an average annual consumption of about 10 kilograms of olive oil per person (with peaks in the Greek island of Crete that reach 32 kg), is not this a very strong reason and the key to hope for the increase of the olive territories?