India, a potential market for olive oil and Andalusian table olives in Spain

Published 2023년 7월 11일

Tridge summary

Andalucía TRADE recently organized a business meeting in Delhi and Bombay with the objective of promoting the consumption of olives and olive oil in India. With a growing middle class and increasing purchasing power, India presents a market of opportunity for Andalusian agri-food companies. The meeting included 275 business meetings between five Andalusian companies and 55 Indian agents, and the export data shows a significant increase in both olive oil and table olive sales to India.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Andalucía TRADE has organized a total of 275 business meetings for five Andalusian agri-food companies with 55 Indian agents in a business meeting that took place in the cities of Delhi and Bombay, from June 19 to 23. The objective of this action has been to promote the consumption of olives and olive oil in India, a market of opportunity, since it is the most populous country in the world and where there are already 300 million potential consumers belonging to the middle class with a increasing purchasing power and increasingly healthy consumption habits. the indian market India is currently the fourth Asian destination for Andalusian liquid gold. Andalusia is the leading community in olive oil sales to Asia, with exports of 117 million euros in the first four months of 2023, which account for 70% of national sales, well ahead of the second largest exporter, Catalonia, with 18.2% of the total. With this context, the Andalucía TRADE reports reveal that olive oil is being ...
Source: Oleorevista

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