Daily Archives: September 23, 2014

  • India, a market with great growth potential for olive oil

    India has a growth projection in consumption of olive oil in the coming years due to lack of local production that can’t supply the demand as the growing middle class is increasingly concerned about a healthy diet, starting to introduce this product in the kitchen.

    This follows from the report “The olive oil market in India” by Javier Oliván, under the supervision of the Economic and Commercial Office of the Embassy of Spain in New Delhi.

    According to this study, in recent years, the size of the olive oil market in India has grown from 1,700 tons sold in 2008 to 6,500 tons in 2013 and expects this trend to continue and keep rising an average of 25% in the next five years.

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    India has a growth projection in consumption of olive oil in the coming years due to lack of local production that can’t supply the demand as the growing middle class is increasingly concerned about a healthy diet, starting to introduce this product in the kitchen. This... 
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  • Next season expected a world olive oil production will be 2.6 million tons

    The world production of olive oil will be 2,618,000 tons in the upcoming 2014/15 season, according to forecasts from the International Centre of Excellence for Olive Oil GEA Westfalia Separator Ibérica. For Spain the estimation for production is of 960,000 tons, 36% of the total global supply and 47% less than in the previous season.

    In the report, this decrease has been attributed to the expected drop in production in various areas of Spain such as Jaén, one of the world’s main producers. Specifically, during the last campaign Spanish olive crops accounted for 55% of the world’s total production of olive oil, with a volume of nearly 1.8 million tons.

    One of the most significant developments of this study -in whose elaboration have collaborated over 50 olive associations, universities, manufacturers and research groups from five continents- is the significant increase of production in Italy, which will reach 450,000 tons due to the good status of crops in areas of Puglia, Abruzzo, Umbria and Campania. Thus, Italy would increase its production of olive oil 15% compared to the previous campaign, in which, however, did not reach very high figures.

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    The world production of olive oil will be 2,618,000 tons in the upcoming 2014/15 season, according to forecasts from the International Centre of Excellence for Olive Oil GEA Westfalia Separator Ibérica. For Spain the estimation for production is of 960,000 tons, 36% of the total... 
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  • New standards to require California-produced olive oil be tested for purity

    The state Department of Food and Agriculture has approved standards for grading and labeling California-produced olive oil that will require makers to prove their product really is extra-virgin olive oil if the label on the bottle says so.

    The standards, scheduled to take effect next Friday, were recommended by the California Olive Oil Commission, an organization recently formed by the state’s olive oil producers.

    Under the new rules, most olive oil produced in California must be tested to determine if it has been mixed with any chemicals, other grades of oil or degraded.

    The standards will eliminate the popular marketing term “light” to describe oil that has been refined with chemicals or additives. Also eliminated is the term “pure” to describe a mixture of virgin and refined olive oil.

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    The state Department of Food and Agriculture has approved standards for grading and labeling California-produced olive oil that will require makers to prove their product really is extra-virgin olive oil if the label on the bottle says so. The standards, scheduled to take effect... 
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  • Australian olive oil producer named EVOO Champion of show

    Victorian olive oil producer, Cobram Estate has been awarded Champion Extra Virgin Olive Oil of show at both the Sydney and Melbourne Royal Fine Food Awards this year.

    Adding to the already impressive list of accolades that Cobram Estate has earned across its Australian Extra Virgin olive oil range, the company’s Light flavour won the coveted Champion of Show trophy in Sydney earlier this month, and then took out the Melbourne title last night.

    The double win is believed to be an Australian first.

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    Victorian olive oil producer, Cobram Estate has been awarded Champion Extra Virgin Olive Oil of show at both the Sydney and Melbourne Royal Fine Food Awards this year. Adding to the already impressive list of accolades that Cobram Estate has earned across its Australian Extra... 
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