Australia Olive Oil Market Overview

The Australia olive oil market is on a steady growth path, supported by rising health consciousness, mainstream adoption of Mediterranean diets, and strong demand for premium and organic extra virgin varieties. The market size reached USD 440.6 Million in 2025. Looking forward, the market is expected to reach USD 638.5 Million by 2034, exhibiting a growth rate (CAGR) of 4.21% during 2026-2034. Robust domestic production across Victoria, South Australia, and New South Wales, expanding e-commerce penetration, and targeted export strategies into Asian markets are positioning Australia as one of the world's most dynamic premium olive oil producers.

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