PALM OIL MARKET 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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PALM OIL MARKET 2018 Palm Oil Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 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.
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PALM OIL MARKET 2018
Intended Audience: •
Palm oil manufacturers
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Bio-diesel industry
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Cosmetics industry
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Personal care industry
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Traders, importers, and exporters
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PALM OIL MARKET 2018 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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PALM OIL MARKET 2018 Application & Major Players in this Research: Palm Oil Market Prominent Players:
Cargill Inc. (U.S.), Wilmar International Limited (Singapore), Sime Darby (Malaysia),
IOI Corp. (Malaysia),
Golden Agri Resources Limited
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