Palm Oil Market Analysis, Size, Share, Leading Players and Global Industry Report

Global Palm Oil Market Research Report- Forecast till 2023

World

Palm

Oil

Market

Analysis,

Future

Growth,

Business

Prospects

and

Forecast to 2023

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Copyright Š 2017 Market Research Future.

Global Palm Oil Market Research Report- Forecast till 2023

1 Summary Global Palm Oil Market Research Report: Information By Type (Crude Palm Oil, Palm Kernel Oil, And Others) Application (Edible Oil, Bio-Diesel, Lubricants, Cosmetics, And Others) And By Region (North America, Europe, Asia Pacific, Row) – Forecast Till 2023

Key Players: Some of the key players profiled in the global palm oil market: Cargill Inc. (U.S.), Wilmar International Limited (Singapore), Sime Darby (Malaysia), IOI Corp. (Malaysia), Golden Agri Resources Limited (Singapore), Kulim BHD (Malaysia), Godrej Agrovet Limited (India), London Sumatra (Indonesia)

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Copyright Š 2017 Market Research Future.

Global Palm Oil Market Research Report- Forecast till 2023

2 Market Overview Globally, palm oil is witnessing a high demand in the market. Palm oil is applicable as a cooking oil, bio-diesel, lubricants, cosmetics, and others, which is driving the growth of the market. Increasing demand for vegetable oil is a major factor driving the growth of the market. Moreover, in the biofuels market, it is used as the feedstock for the production of biodiesel and as an alternative to mineral oils for use in power stations which is boosting the growth of the palm oil market.

The fatty acid derivatives of palm oil are used in the production of bactericides, cosmetics, pharmaceuticals and water-treatment products. Increasing consumption of palm oil in the manufacturing process of soaps and detergents and in the production of greases, lubricants, and candles is further boosting the growth of the market. Moreover, increasing usage of palm oil as a substitute for trans-fat in processed foods is adding fuel to the growth of palm oil market.

Intended Audience:

    

Palm oil manufacturers Bio-diesel industry Cosmetics industry Personal care industry Traders, importers, and exporters

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Copyright © 2017 Market Research Future.

Global Palm Oil Market Research Report- Forecast till 2023

3 Sample Pages The global palm oil market is segmented into type and application.

On the basis of type, the palm oil market is segmented into crude palm oil, palm kernel oil, and others. Among all, crude palm oil is dominating the market followed by palm kernel oil. Crude palm oil has less saturated fat than palm kernel oil. Moreover, crude palm oil has a high level of tocotrienols which makes it an outstanding source of vitamin E and a powerful antioxidant, driving the growth of the segment.

On the basis of the application, the palm oil market is segmented into cooking oil, bio-diesel, lubricant, cosmetics, and others. Amongst all the cooking oil segment is dominating the market. However, cosmetics segment is expected to witness high growth over the forecast period.

Regional Analysis: The global palm oil market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific is dominating the market and is witnessed to have a substantial growth over the forecast period with increasing consumption of palm oil in different industries. Indonesia and Malaysia are the major producers and exporters of palm fruit which are majorly contributing to the growth of palm oil market in Asia Pacific.

North America and Europe are projected to have a moderate growth during the forecast period. Moreover, Latin America and the Middle East & Africa are anticipated to be the fastest growing region in palm oil market over the estimated period.

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Copyright Š 2017 Market Research Future.

Global Palm Oil Market Research Report- Forecast till 2023

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Copyright Š 2017 Market Research Future.