Market Analysis and Size

Over recent years, the edible oil industry has witnessed an increase in acceptance as well as utilization across the globe. This acceptance and growth is attributed to several health benefits such as the increasing energy, improving eye vision, decreasing premature ageing, boosting the immune system, and lowering the risk of cancer and heart disease. Therefore, the market is estimated to show lucrative growth due to the growing awareness of these health benefits amongst consumers.

Global Palm Oil Market was valued at USD 50.60 billion in 2021 and is expected to reach USD 70.32 billion by 2029, registering a CAGR of 4.20% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Get Sample PDF Copy (including full TOC, Figures and Tables) of this Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-palm-oil-market

Market Definition

Palm oil is an edible vegetable oil made from the mesocarp of oil palm fruits that originated in West Africa. It is the highest-yielding oil crop on the planet, yielding 5-10 times more per hectare than other major vegetable oil crops. It is cholesterol-free, easy to digest, and high in carotenoids and Vitamin A, which provide several nutritional benefits.

Today’s businesses always demand innovative and superlative solutions to thrive in this rapidly changing marketplace. The world class Palm Oil market report is the superior and comprehensive which endows professionals with a lot of aspects about the market and the industry. The key areas of this report comprises of market definition, market segmentation, competitive analysis and research methodology. Moreover, as it is important for the businesses to attain knowhow of consumer’s demands, preferences, attitudes and their changing tastes about the specific product, this market report bestows with all of this.  The high quality Palm Oil market research report best suits the requirements of the client.

Some of the major players operating in the palm oil market are

  • Fuji Oil USA (U.S.)
  • Genting Plantations Berhad (Malaysia)
  • Wilmar International Ltd., (Singapore)
  • Godrej Agrovet Limited (India)
  • Golden Agri-Resources Ltd (Singapore)
  • PT Smart Tbk (Indonesia)
  • Intercontinental Specialty Fats Sdn. Bhd. (Malaysia)
  • IOI Corporation Berhad (Malaysia)
  • Kuala Lumpur Kepong Berhad (Malaysia)
  • PT Astra Agro Lestari (Indonesia)
  • Musim Mas (Singapore)
  • PT PP London Sumatra Indonesia Tbk (Indonesia)
  • PT Dharma Satya Nusantara Tbk (Indonesia)
  • PT Indofood Sukses Makmur Tbk (Indonesia)
  • Siat Group (Belgium)

 

Reach out to get immediate assistance or get access to Full insights: https://www.databridgemarketresearch.com/reports/global-palm-oil-market

Global Palm Oil Market Scope

The palm oil market is segmented on the basis of type, origin, usage and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Crude Palm Oil
  • RBD Palm Oil
  • Fractionated Palm Oil
  • Palm Kernel Oil
  • Others

Origin

  • Organic
  • Conventional

Usage

  • Edible Oil
  • Bio-Diesel
  • Lubricants
  • Cosmetics
  • Others

Application

  • Household Cooking
  • Food and Beverages
  • Oleo Chemicals
  • Personal Care
  • Animal Feed
  • Bio-fuel

Palm Oil Market Regional Analysis/Insights

The palm oil market is analyzed and market size insights and trends are provided by country, type, origin, usage and application as referenced above.

The countries covered in the palm oil market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the palm oil market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the increasing disposable income and nutritious and healthy foods in place of conventional meals. Moreover, the presence of key market players within the region also boosts the market growth.

On the other hand, North America is estimated to show lucrative growth over the forecast period of 2022-2029, due to the rapidly increasing market applications of palm oil in various fields coupled with the increasing awareness about low priced oils among the population in the region. Moreover, the entry of new market players is also estimated to accelerate the market growth within the region.

 

Buy This Premium Report: https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-palm-oil-market


About Data Bridge Market Research:

Data Bridge Market Research is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability levels and advanced approaches. We are committed to uncovering the best consumer prospects and fostering useful knowledge for your company to succeed in the market.

Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expanded its reach by opening a new office in the Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”

We provide a variety of services such as market verified industry reports, technology trend analysis, Formative market research, strategic consulting, vendor analysis, production and demand analysis, and consumer impact studies among many others.

Contact Us
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – [email protected]