Portugal Olive Oil Market

Portugal Olive Oil Market Overview

The Portugal olive oil market size reached USD 60.40 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 89.15 Million by 2033, exhibiting a growth rate (CAGR) of 3.97% during 2025-2033. The market is driven by robust production recovery following drought-affected seasons, with Portugal experiencing significant volume growth and establishing itself as a quality-focused producer in the global market. Additionally, the country's increasing emphasis on sustainable production methods and international recognition for premium olive oils are expanding the Portugal olive oil market share.

Portugal Olive Oil Market Trends:

Increasing Global Demand for Premium Olive Oil

The Portuguese olive oil industry is on the rise as global consumers increasingly appreciate extra virgin olive oil of high quality. Consumers are opting for healthier cooking products, and Portuguese producers are responding to this demand by selling premium, traceable, and sustainably manufactured oils. Exports are growing consistently because Portugal is positioning its olive oil as a gourmet item associated with Mediterranean heritage and purity. As reported by CEPAAL and the most recent data from the National Statistics Institute (INE), the 2024/2025 season experienced a rise of approximately 10 percent in production relative to the prior year. Portugal generated 177,000 tonnes of olive oil this season, an increase from 150,000 tonnes the previous year. Retailers, restaurants, and websites are consistently marketing Portuguese varieties, which are vying against Spain and Italy in international markets. The producers are also spending on packaging innovations and certifications to emphasize purity and origin. Organic farming and chemical-free production emphasis is drawing healthy-conscious buyers. By joining hands with culinary enthusiasts that focus on natural oils and antioxidants, Portugal is establishing itself as a reliable supplier of high-quality olive oil, which is not only stimulating domestic demand but also export-based revenues.

Increased Olive Cultivation and Advanced Agriculture Practices

The industry is progressing because farmers in Portugal are embracing advanced cultivation methods and cultivating olive groves on a larger scale. Conventional cultivation is being complemented by high-density and super-high-density farming systems that are boosting production and efficiency. Irrigation equipment, mechanical harvesting, and precision farming are enabling farmers to yield consistent quality olive oil cheaper. Government subsidies and EU farm subsidies are facilitating investments in new plantations and sustainability initiatives. Most cooperatives and individual producers are testing drought-tolerant olive varieties in order to keep up with the pressures of climate, which is guaranteeing a secure supply. This growth is not just supporting national capability but also increasing Portugal's position as one of the leading worldwide exporters. As production is expanding in areas such as Alentejo, which is emerging as a major center for large-scale olive cultivation, the industry is gradually decreasing reliance on small-scale traditional production while ensuring preservation of cultural heritage of olive oil production. Moreover, various new olive oil manufacturers are emerging in the country employing advanced methods of productions. For instance, in 2025, after nine years of operation in Brazil and positioning itself as a top digital platform linking buyers and sellers in agribusiness, Agronegociar is initiating its first international venture Portugal will act as a base for penetrating the European market. The launch focuses on categories with significant demand and added value, including honey, fruits (orange, tangerine, strawberry, blueberry), and olive oil. There is a particular focus on gourmet products such as wines, cheeses, and sustainable goods.

Enhancement of Sustainability and Green Production

Sustainability is emerging as a major force in the Portugal olive oil sector with producers emphasizing eco-friendly farming and processing practices. The olive oil industries are adopting water-saving technology, the utilization of renewable energy in mills, and recycling wastes in order to satisfy worldwide demand for sustainable products. Organic, biodynamic, and carbon-neutral labeling certifications are being utilized in order to attract environmentally conscious consumers. Producers are aligning with sustainable objectives by reducing the use of pesticides and stimulating biodiversity on olive plantations, thereby supporting the Portugal olive oil market growth. The industry is profiting as consumers are increasingly paying for transparency in supply chains, traceability from the grove to the bottle being sold as a trust factor. Exporters are also leveraging sustainability as a differentiator on premium market entry in Northern Europe and North America. Through promoting sustainable production, Portugal is consolidating the reputation of being a responsible and forward-thinking olive oil producer, which is drawing in retail chains as well as upscale culinary purchasers.

Portugal Olive Oil Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type, distribution channel, and application.

Type Insights:

• Virgin Olive Oil
• Refined Olive Oil
• Extra Virgin Olive Oil
• Olive Pomace Oil
• Others

A detailed breakup and analysis of the market based on type have also been provided in the report. This includes virgin olive oil, refined olive oil, extra virgin olive oil, olive pomace oil, and others.

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Stores
• Others

The report has provided a detailed breakup and analysis of the market by distribution channel. This includes supermarkets and hypermarkets, convenience stores, online stores, and others.

Application Insights:

• Food and Beverage
• Pharmaceuticals
• Cosmetics
• Others

A detailed breakup and analysis of the market based on application have also been provided in the report. This includes food and beverage, pharmaceuticals, cosmetics, and others.

Regional Insights:

• Norte
• Centro
• A. M. Lisboa
• Alentejo
• Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Norte, Centro, A. M. Lisboa, Alentejo, and others.

Competitive Landscape

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Portugal Olive Oil Market News:

• July 2025: An innovative initiative in the Alto Alentejo area aids in safeguarding generations of agricultural traditions. By installing Alfa Laval’s advanced Foodec Sigma decanter, Caminhos do Futuro has increased its extra virgin olive oil processing capacity fourfold, rising from 1,500 kg/hour to 6,000 kg/hour. Being the sole remaining mill in Montemor-o-Novo, the cooperative group acknowledged the pressing necessity to adapt to keep catering to an expanding community of farmers looking to process olives from their orchards.

Portugal Olive Oil Market Report Coverage:

Key Questions Answered in This Report:

• How has the Portugal olive oil market performed so far and how will it perform in the coming years?
• What is the breakup of the Portugal olive oil market on the basis of type?
• What is the breakup of the Portugal olive oil market on the basis of distribution channel?
• What is the breakup of the Portugal olive oil market on the basis of application?
• What is the breakup of the Portugal olive oil market on the basis of region?
• What are the various stages in the value chain of the Portugal olive oil market?
• What are the key driving factors and challenges in the Portugal olive oil market?
• What is the structure of the Portugal olive oil market and who are the key players?
• What is the degree of competition in the Portugal olive oil market?

Key Benefits for Stakeholders:

• IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Portugal olive oil market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Portugal olive oil market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Portugal olive oil industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.