20 Highest Quality Olive Oil In The World

Ali Ahmed
10 min read

In This Article:

In this article, we will be looking at the 20 olive oils in the world that have the highest quality. If you want to skip our detailed analysis of the global food service market, you can go directly to 5 Highest Quality Olive Oil In The World.

Experts agree that extra virgin olive oil (EVOO) is the highest quality of olive oil. However, with hundreds of contenders, choosing the right olive oil is not so simple. Different varieties of olive oil are made from different types of olives, each with its own unique flavor profile. You can also take a look at countries that produce the best extra virgin olive oil.

Olive oil is a cornerstone of the Mediterranean diet and has various health benefits. It offers a diverse and flavorful culinary experience. From traditional dishes to innovative creations, olive oil continues to inspire chefs and delight diners around the world, making it indispensable in the global food service market.

Global Food Service Market Trends and Key Players

According to a report by Research and Markets, the global food service market size was valued at $2.88 trillion in 2022. Looking forward, the market is expected to grow at a compound annual growth rate (CAGR) of 4.67% during 2022-2028, propelling the food service market to reach above $3.78 trillion by the end of the forecast period. As economies boom and the personal disposable income of the population rises, more people choose to eat out and allocate less time to cook at home. The growing number of working women means that an increasing number of families in the developed and developing regions visit restaurants, eat out, or order food more often. The growing trend of busy lifestyles, adventurous palates, and preference for experiences over possessions are all key factors driving growth in the global food service market.

While fast food and quick service restaurants continue to remain attractive options for many, consumers are becoming increasingly mindful of what they eat. There is a growing interest in fresh, healthy options and food service companies that offer healthier food options are expected to benefit from this. Moreover, the demand for unique and exciting experiences is growing as more consumers crave diverse cuisines and unique flavor combinations. This has led to an increased demand for healthy and unique ingredients that are known for their distinct flavors, such as saffron and olive oil, among others.

Some of the major companies that are positioned to benefit from the growing food service market include Dine Brands Global, Inc. (NYSE:DIN), Darden Restaurants, Inc. (NYSE:DRI), and Restaurant Brands International Inc. (NYSE:QSR).

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