The non-crude non-virgin olive oil market size value per capita in the UK is projected to show steady growth from 2024 to 2028. In 2023, the value was estimated around 0.29 euros per capita. From 2024, the forecast begins with a 0.31 euros per capita, and there's a consistent increase each year, ending at 0.36 euros in 2028. This represents a year-on-year growth of approximately 3.23% in 2025 and 2026, slightly reducing to 2.94% in subsequent years. The five-year CAGR is anticipated to be around 3.55%.
Future trends to watch include:
- Increasing consumer interest in healthy oils driving demand
- Potential impact of economic fluctuations on purchasing power
- Innovations in product formulations and packaging enhancing market penetration
- Competitive dynamics with other sustainable and health-centric oil options
