Research
Which olive oil farms are thriving and which ones are diving – and why – is the focus of a new European Commission report. Covering the three main EU producers – Spain, Italy, and Greece – the “EU olive farms report” analyses trends in cost, margin and farm income in the decade to 2010. The short answer is that income has been on a more or less drastic decreasing trend everywhere except Extremadura and Sicily. Not only that but the average income of olive oil farms is significantly lower than the average for all farms.
Read MoreDespite a small decline during the recession, increasing consumer demand for olive oil has kept production growing over the past five years. In the coming years, rising health consciousness will continue driving consumer demand for the industry’s products, keeping revenue on the rise. As a result, more operators will become USDA-certified to gain a competitive advantage as the number of firms rises. For these reasons, industry research firm IBISWorld has added a report on the Olive Oil Production industry to its growing industry report collection.
Read MoreTop food trends will dominate European shoppers’ buying habits by the year 2020, predicts Spanish research organisation Azti-Tecnalia.
Top trends include demands for transparent and accessible information, and foods which offer a multi-sensory experience – sounds like EVOO!
Soon you may be able to buy olive oil in bioplastic bottles made from a compound found in olive skins, thanks to the work of a Spanish researcher. Jesús Zorrilla has found a way to extract PHAs (poly-hydroxy-alcanoates) from the residues of olive skins, which in turn can be used to make plastic containers that are non-toxic and 100 percent biodegradable.
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