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Global Palm Oil Consumption Market is segmented based on derivative, application, and region. Palm oil is an edible vegetable oil which is high in saturated fats free from trans fats, is produced from the pulp of the fruit of the oil palm tree.
Competitive Analysis Forecast to 2021
Global Palm Oil Consumption Market is segmented based on derivative,
application, and region. Palm oil is an edible vegetable oil, which is high in
saturated fats free from trans fats, is produced from the pulp of the fruit of the
oil palm tree.
Global Palm Oil Consumption Market is segmented based on derivative, application, and region. Palm
oil is an edible vegetable oil, which is high in saturated fats free from trans fats, is produced from the
pulp of the fruit of the oil palm tree. The palm fruit consists of high beta carotene content, which is
responsible for the red color of the fruit. There are two main varieties of oil palm tree;
Elaeisguineensis (West Africa), and Elaeisoleifera (Central and South America).
Palm oil is widely used in food products, detergents, cosmetics, and biofuel. In the U.S., diet palm oil
is used as an ingredient but half of all packaged products Americans consume contain palm oil. It is
found in soaps, detergents, lipstick, and even in ice-cream. Increasing demand for palm oil across
worldwide is estimated to double over the forecast period, due to new plantation and existing one
are expanded in Malaysia, Indonesia, Asian Countries, Africa and Latin America.
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Prominent factors that are playing key role in the growth of Palm Oil Consumption Market are
increasing use from diverse end-use industries, government initiatives to curb consumption of trans-
fat, increasing use of palm oil as bio-diesel, environmental rules, advanced technologies and R&D
initiatives to develop sustainable ways of production. Palm Oil Consumption Market is classified, by
derivative into Palm Kernel Oil, Crude Palm Oil, Palm Kernel Cake, and others.
Crude palm oil segment held the largest market share of the Palm Oil Consumption Market and lead
the overall market. The factors that are playing major role in the growth of overall market are rising
applications such as, surfactants, edible oil, cosmetics, biodiesel, and lubricants over the forecast
Palm kernel oil and palm fruit oil differ significantly in their fatty acid composition, but have the same
botanical origin. Palm kernel oil is extracted from the seed of the fruit and also in the manufacture of
cosmetics. On the other hand, in animal feed industry, palm kernel cakes are widely used. Also, wide
use of animal feed in North America and Asia Pacific are estimated to raise the demand for this
Palm Oil Consumption Market is classified, by application into Surfactants, Edible Oil, Lubricants,
Cosmetics, Bio-diesel, and others. The Edible oil segment accounts for the largest market share of the
Palm Oil Consumption Market and lead the overall market, followed by lubricants, surfactants, and
biodiesel. This is mainly due to health worries concerning trans-fat consumption have loosened
consumer inclinations away from animal fats and vegetable oils comprising high trans-fat towards low
trans-fat. On the other hand, strict environmental rules have stimulated consumption of bio-based
surfactants and lubricants.
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Palm Oil Consumption Market is segmented, geographically into North America, Europe (Eastern
Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Globally, Asia Pacific
accounted for the largest market share of the Palm Oil Consumption Market and is expected to remain
dominant over the forecast period. The reason being, high investment in R&D associated activities,
rising palm oil yield, increase in palm oil plantation.
Asia Pacific and the Middle East and African region are expected to experience robust growth in areas
such as industrial applications, and food applications. Due to favorable climatic conditions and
available arable land, central & South America and several African Countries are expected to raise
On the other hand, Malaysia and Indonesia palm oil industry presently lead the global production
development, as these are also main global exporters, casing an enormous portion of the global trade.
Moreover, Latin America and the Middle East and African region are expected to grow at lucrative
rate in industrial applications and food applications.
Palm Oil Consumption Industry key players are, ADM, Cargill Inc., Alami Group, United Palm Oil
Industry Company Limited, Musim Mas Group, Wilmar International Limited, Kulim Bhd, Sime Darby,
London Sumatra, Golden Agri Resources Limited, IOI Corp., Godrej Agrovet Limited, and PT Astra Agro
Detailed TOC of Palm Oil Market Forecast to 2021:
1 Industry Overview of Palm Oil
2 Manufacturing Cost Structure Analysis of Palm Oil
3 Technical Data and Manufacturing Plants Analysis
4 Capacity, Production and Revenue Analysis by Regions, Types and Manufacturers
5 Price, Cost, Gross and Gross Margin Analysis by Regions, Types and Manufacturers
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6 Consumption Volume, Consumption Value and Sale Price Analysis by Regions, Types and
7 Supply, Import, Export and Consumption Analysis
8 Major Manufacturers Analysis
9 Marketing Trader or Distributor Analysis
10 Industry Chain Analysis of Palm Oil
11 Development Trend of Analysis
13 Conclusion of the Global Palm Oil Industry Market Research Report
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