The global demand for Palm Oil Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Palm oil is the edible oil sourced from the pulp of the oil palm fruits. Oil palm is the tropical trees that grows naturally in the rainforest areas with origin from the west and South-West Africa. It can be obtained either from compressing the fleshy fruit or crushing the kernel. Palm oil have negligible amount of cholesterol and is natural source of anti-oxidant vitamin E constituents, linoleic acid, tocopherols, tocotrienols and various phytonutrients. It is used for enhancing eyesight, promote growth of brain, hair and skin, prevents cardiovascular problems and minimizes the risk of cancer.
Palm oil provides many health benefits that help in enhancing energy levels, preventing premature aging, improving eye vision, boosting the immune system, and reducing the risk of cancer and heart diseases. The rising awareness about these health benefits among end-users is one of the primary factors contributing to the market growth. Furthermore, the thriving food industry is driving the product demand as it is extensively utilized for frying and as a key ingredient in the preparation of healthy food recipes. Apart from this, palm oil is readily replacing petroleum-based products as an effective alternative in the transportation and energy industries. It is also employed as a substitute for mineral oil in power stations for energy production. Moreover, initiatives undertaken by governments of various countries, such as Denmark and other western European nations, along with awareness campaigns by the World Health Organization to curb trans-fat consumption, are envisaged to boost the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of palm oil.
The entire palm oil market has been sub-categorized into origin, product and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Crude Palm Oil
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Food & Beverage
- Biofuel & Energy
- Personal Care & Cosmetics
This section covers regional segmentation which accentuates on current and future demand for palm oil market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Palm Oil Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the palm oil market include Wilmar, Sime Darby, IOI Corporation, Kuala Lumpur Kepong, Asiatic Development, London Sumatra, Boustead, United Plantations Bhd, Kulim Bhd, IJM Plantations, Sampoerna Agro, Bakrie Sumatera, Cargill, Incorporated, Univanich Palm Oil Public Company Ltd., Asian Agri. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.