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The North Africa table olives market grew at a CAGR of 15% during 2015-2020. Looking forward, IMARC Group expects the market to continue its strong growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Olives, a variant of Drupes fruit, stands for small oval fruits that are green in color when unripe and turns black upon ripening. Table olives are consumed as a food product rather than being used for oil extraction. Some of the common variants of table olives comprise of whole olives, stoned (Pitted) olives, stuffed olives, olives with capers, olive paste and tapenade, etc. They offer several health benefits in preventing diabetes, decreasing inflammation, lowering blood pressure levels, reducing the risk of gastrointestinal diseases, strengthening bones, controlling blood cholesterol, etc. Various packaging solutions that are used for table olives include glass jars, metallic tins, plastic package, boxes, pouches, etc. In North Africa, table olives are widely used as condiments, salad dressing, toppings, etc.
The rising consumer health concerns along with the growing awareness towards several dietary benefits of olives are currently driving the market growth in North Africa. Furthermore, the elevating levels of globalization have led to the growing penetration of western culinary practices in the region. This has resulted in the increasing use of table olives in the preparation of numerous dishes, such as pasta, pizza, bruschetta, etc., thereby further augmenting the product demand in North Africa. Apart from this, the growing consumption of ready-to-eat and processed food products is also catalyzing the use of table olives in various condiments, such as gourmet marinated olives, olive salad dressings, olive tapenade, green olive sauce, etc. In the coming years, the introduction of numerous government policies pertaining to agricultural development and domestic production of olives will continue to drive the market growth in North Africa. Looking forward, IMARC Group expects the North Africa table olives market to continue its strong growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the North Africa table olives market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, form, packaging type and distribution channel.
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The competitive landscape of the industry has also been examined with some of the key players being Egitalco, Americana - Egyptian Canning Co., MedilifeFood, Dr. Olivee Co., SFI - Special Food industry international Co., and Wadi Group Company.
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