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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.
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Palm Oil Market Market Set to Exceed $147.59 Billion by 2026 | CAGR: 6.7%
Palm Oil Market Size to Reach $147.59 Billion by 2026 “Palm Oil Market [By Product Type (Palm Kernel Oil & Cake, Crude Palm Oil and Others); By Application Type (Biofuels, Personal Care, Edible Oil, Lubricants and Others); By Regions]: Market size & Forecast, 2018 – 2026” The global palm oil market is anticipated to reach USD 147.59 billion by 2026 according to a new study published by Polaris Market Research. 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. 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. Browse Detailed Research Report On Palm Oil Market: https://www.polarismarketresearch.com/industry-analysis/palm-oil-market 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 - 2 -
Palm Oil Market Size to Reach $147.59 Billion by 2026 investment plans. The trade along with economic liberalization as well as deregulation of policy and de-bureaucratization created an attracting investment climate. 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. 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. Request for sample: https://www.polarismarketresearch.com/industry-analysis/palm-oil- market/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology - 3 -
Palm Oil Market Size to Reach $147.59 Billion by 2026 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-away 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Palm Oil Market Insights 3.1. Palm Oil– Industry snapshot 3.2. Palm Oil -Ecosystem analysis 3.3. Palm Oil market dynamics 3.3.1. Palm Oil– Market Forces 3.3.1.1. 3.3.1.2. 3.3.2. Industry analysis - Porter's five force 3.3.2.1. Bargaining power of supplier 3.3.2.2. Bargaining power of buyer 3.3.2.3. Threat of substitute 3.3.2.4. Threat of new entrant 3.3.2.5. Degree of competition 3.3.3. Palm Oil market PEST analysis, 2017 3.3.4. Palm Oil market Value Chain analysis 3.3.5. Palm Oil Industry trends 3.3.6. Competitive Ranking Analysis 4. Palm Oil Market Size and Forecast by Product Type 4.1. Key Findings 4.2. Palm Kernel Oil & Cake 4.2.1. Global Market Estimates and Forecasts, 2017-2026 4.3. Crude palm Oil 4.3.1. Global Market Estimates and Forecasts, 2017-2026 4.4. Others 4.4.1. Global Market Estimates and Forecasts, 2017-2026 5. Palm Oil Market Size and Forecast by Application Type 5.1. Key Findings 5.2. Biofuels 5.2.1. Global Market Estimates and Forecasts, 2017-2026 5.3. Personal Care 5.3.1. Global Market Estimates and Forecasts, 2017-2026 5.4. Edible Oil 5.4.1. Global Market Estimates and Forecasts, 2017-2026 5.5. Lubricants 5.5.1. Global Market Estimates and Forecasts, 2017-2026 5.6. Others 5.6.1. Global Market Estimates and Forecasts, 2017-2026 6. Palm Oil Market Size and Forecast by Regions 6.1. Key findings 6.2. North America 6.2.1. Palm Oil market by product type, 2017 - 2026 6.2.2. Palm Oil market by application type, 2017 - 2026 6.2.3. U.S. 6.2.3.1. Palm Oil market by product type, 2017 - 2026 6.2.3.2. Palm Oil market by application type, 2017 - 2026 Palm Oil Market driver analysis Palm Oil Market restraint/challenges analysis - 4 -
Palm Oil Market Size to Reach $147.59 Billion by 2026 6.2.4. Canada 6.2.4.1. 6.2.4.2. 6.3. Europe 6.3.1. Palm Oil market by product type, 2017 - 2026 6.3.2. Palm Oil market by application type, 2017 - 2026 6.3.3. Germany 6.3.3.1. Palm Oil market by product type, 2017 - 2026 6.3.3.2. Palm Oil market by application type, 2017 - 2026 6.3.4. UK 6.3.4.1. Palm Oil market by product type, 2017 - 2026 6.3.4.2. Palm Oil market by application type, 2017 - 2026 6.3.5. France 6.3.5.1. Palm Oil market by product type, 2017 - 2026 6.3.5.2. Palm Oil market by application type, 2017 - 2026 6.4. Asia Pacific 6.4.1. Palm Oil market by product type, 2017 - 2026 6.4.2. Palm Oil market by application type, 2017 - 2026 6.4.3. China 6.4.3.1. Palm Oil market by product type, 2017 - 2026 6.4.3.2. Palm Oil market by application type, 2017 - 2026 6.4.4. Indonesia 6.4.4.1. Palm Oil market by product type, 2017 - 2026 6.4.4.2. Palm Oil market by application type, 2017 - 2026 6.4.5. Malaysia 6.4.5.1. Palm Oil market by product type, 2017 - 2026 6.4.5.2. Palm Oil market by application type, 2017 - 2026 6.5. South America 6.5.1. Palm Oil market by product type, 2017 - 2026 6.5.2. Palm Oil market by application type, 2017 - 2026 6.5.3. Brazil 6.5.3.1. Palm Oil market by product type, 2017 - 2026 6.5.3.2. Palm Oil market by application type, 2017 - 2026 6.5.4. Mexico 6.5.4.1. Palm Oil market by product type, 2017 - 2026 6.5.4.2. Palm Oil market by application type, 2017 - 2026 6.6. Middle East & Africa 6.6.1. Palm Oil market by product type, 2017 - 2026 6.6.2. Palm Oil market by application type, 2017 - 2026 7. Company Profiles 7.1. Alami Group, Malaysia 7.1.1. Overview 7.1.2. Financials 7.1.3. Product Benchmarking 7.1.4. Recent Developments 7.2. ADM, USA 7.2.1. Overview 7.2.2. Financials 7.2.3. Product Benchmarking 7.2.4. Recent Developments 7.3. Boustead Group, Malaysia 7.3.1. Overview Palm Oil market by product type, 2017 - 2026 Palm Oil market by application type, 2017 - 2026 - 5 -
Palm Oil Market Size to Reach $147.59 Billion by 2026 7.3.2. Financials 7.3.3. Product Benchmarking 7.3.4. Recent Developments 7.4. California Oil Corp, USA 7.4.1. Overview 7.4.2. Financials 7.4.3. Product Benchmarking 7.4.4. Recent Developments 7.5. Dekel Oil, Cyprus 7.5.1. Overview 7.5.2. Financials 7.5.3. Product Benchmarking 7.5.4. Recent Developments 7.6. Fuji Vegetable Oils Inc, USA 7.6.1. Overview 7.6.2. Financials 7.6.3. Product Benchmarking 7.6.4. Recent Developments 7.7. IOI Group, Malaysia 7.7.1. Overview 7.7.2. Financials 7.7.3. Product Benchmarking 7.7.4. Recent Developments 7.8. Kuala Lumpur Kepong Berhad, Malaysia 7.8.1. Overview 7.8.2. Financials 7.8.3. Product Benchmarking 7.8.4. Recent Developments 7.9. MM VitaOils Sdn Bhd, Malaysia 7.9.1. Overview 7.9.2. Financials 7.9.3. Product Benchmarking 7.9.4. Recent Developments 7.10. PT Astra Agro Lestari Tbk, Indonesia 7.10.1. Overview 7.10.2. Financials 7.10.3. Product Benchmarking 7.10.4. Recent Developments Access Press Release on Palm Oil Market: https://www.polarismarketresearch.com/press- releases/palm-oil-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our - 6 -
Palm Oil Market Size to Reach $147.59 Billion by 2026 customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 7 -