Palm Oil Market Forecast 2020-2025, Latest Trends and Opportunities
By Market Study Report  Date: 2020-04-30Product ID: 1695061

Palm Oil Market Forecast 2020-2025, Latest Trends and Opportunities

Latest update on Palm Oil Market Analysis report published with an extensive market research, Palm Oil market growth analysis and Projection by – 2025. this report is highly predictive as it holds the over all market analysis of topmost companies into the Palm Oil industry. Also Palm Oil Market is Segmented By Product Type (Palm Kernel Oil & Cake, Crude Palm Oil and Others); By Application Type (Biofuels, Personal Care, Edible Oil, Lubricants and Others). With the classified Palm Oil market research based on various growing regions this report provide leading players portfolio along with sales, growth, market share and so on.

The global palm oil market is anticipated to reach USD 147.59 billion by 2026 according to a new study. Palm oil is a versatile and important raw material for food, personal care, and other commodity products. The volatility in crude prices, comparatively high hydrocarbon fuel prices along with strong efforts globally to reduce greenhouse gas emissions, demand for biofuels from the transport sector have significantly increased. This is mainly owing to palm oil's competitiveness in productivity and prices. Rising demand for organic food products, cosmetics, detergents and other naturally ingredient rich or derived commodities, popularity of palm and palm kernel oil have increased exponentially over the past decade.

In Malaysia, palm oil market is well developed and a diversified market. Aside the smallholders and plantations sectors, the processing sector is well-established, that encompasses the refining, milling, crushing and also the oleochemical subsectors. The regional demand for palm oil is meet with a small part production from these two countries and the rest is exported to the USA and Europe.

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Some of the leading industry participants include Wilmar International, Univanich Palm Oil Public Company Limited, United Palm Oil Industry Public Company Limited,, Sime Darby Plantations, Siat Group of Companies, PT Indofood Sukses Makmur Tbk, PT Astra Agro Lestari Tbk, Musim Mas Group, MM VitaOils Sdn Bhd,, Kuala Lumpur Kepong Berhad, Kempas Edible Oil Sendirian Berhad, IOI Group, Intercontinental Specialty Fats, Golden Agri Resources Ltd, Genting Plantations, Fuji Vegetable Oils Inc, Dekel Oil, Carotino Group, California Oil Corp, Boustead Group, Alami Group, and ADM.

Palm oil offers the maximum output value in comparison to other major oilseed crops, such as soya bean, rapeseed, and sunflower. Indeed, the overall annual value per hectare for the product at USD 1135 is highly remunerative than the rapeseed at USD 696, soya bean at USD 543 and sunflower at USD 334. Therefore, in an market space in most nations, where the agricultural or farming land has been shrinking with increasing urbanization owing to industrialization, which is also coupled with the most important fact that inside the agricultural industry oilseeds compete with different grains for larger arable land available, cultivation of oil palm seems to be the most obvious and potential option to satisfy the needs growing oils & fats globally.

Asia Pacific is the leading regional palm oil market in terms of consumption and production of palm oil. Indonesia and Malaysia are the leading global producers of palm oil. Indonesian palm oil market cultivation expanded significantly owing to the encouragement of Indonesian Government's foreign investment plans. The trade along with economic liberalization as well as deregulation of policy and de-bureaucratization created an attracting investment climate.

The significant increase in output of the product was mostly influenced by the continued global expansion of planted areas of oil palm. The fact became more apparent when oil palm was featured and considered as a crucial socio-economic harvest in most of its producing countries. The rising market of the product in the worldwide oils & fats industry has been accomplished by leveraging its techno economic advantages compared with the other vegetable oils along with some of the other developments in respect to environment, health, and security of supply globally. These positive factors and developments associated with the product will continue influencing its dominant role globally in the fats & oils demand and supply equation.

Some of the Highlights about Table of Content of Palm Oil Market

1 Palm Oil Market overview

  • Market Introduction
  • Research Objectives
  • Years Considered
  • Palm Oil Market Research Methodology
  • Economic Indicators
  • Currency Considered

2 Executive Summary

  • World Market Overview
  • Global Palm Oil Consumption analysis and forecast
  • Palm Oil Consumption CAGR by Region

3 Market Drivers, Challenges and Trends

  • Palm Oil Market Drivers and Impact
  • Growing Demand from Key Regions
  • Growing Demand from Key Applications and Potential Industries
  • Market Challenges and Impact
  • Palm Oil Market Trends

4 Marketing, Distributors and Customer

  • Sales Channel
  • Direct Channels
  • Indirect Channels

5 Key Players Analysis

  • Company Details
  • Main Business Overview
  • Product Benchmarking
  • Recent Developments and Technological Advancement in Palm Oil Market

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