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Olive Oil is Becoming One of Asia’s Most Popular Ingredients Consumption and production are on the rise in Asia s two largest economies. Consumers still prefer imported brands to domestic ones. Shenzhen, China According to mar­ket research firm Mordor Intelligence, the Asia-Pacific olive oil mar­ket is esti­mated to grow at an annual com­pounded rate of 4.2 per­cent from 2020 to 2025. This puts the Mediterranean diet sta­ple on pace to become one of the region’s most pop­u­lar ingre­di­ents. Extra vir­gin olive oil con­sump­tion in China is increas­ing at a sig­nif­i­cant pace, par­tic­u­larly in big cities and in a seg­ment of the pop­u­la­tion aged 25 to 30 that has trav­eled abroad.

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