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European olive oil sales may slide in U.S.
date:Aug 31, 2012
The research group predicts the U.S. olive oil industry will gain a 5% share of the American olive oil market in the next five years. European olive oil imports currently account for 99% of the U.S. market.
The share increase for domestic olive oil is based on the establishment of stricter U.S. quality labeling standards and increasing consumer education on quality. Olive oil consumption in the United States has grown at an annual rate of nearly 6% over the last two decades.
Research shows that

12/18 03:18