Soy Oil & Palm Oil Market New Opportunities 2019: Cargill, Inc., PT Astra Agro Lestari Tbk, Wilmar International Ltd, Malaysian Palm Oil Council (MPOC), Carotino Sdn Bhd, Yee Lee Corporation Bhd, IOI Corporation Berhad, Archer Daniels Midland Company, Dow

Soy Oil & Palm Oil Market report provides key enumeration on the Market status of the Soy Oil & Palm Oil manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. The research was conducted using an objective combination of primary and secondary information including inputs from key participants in the Soy Oil & Palm Oil industry. It delivers important information to identify and analyse the market need, market Growth and competition.

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Major players operating in the global soy oil & palm oil market include, Cargill, Inc., PT Astra Agro Lestari Tbk, Wilmar International Ltd, Malaysian Palm Oil Council (MPOC), Carotino Sdn Bhd, Yee Lee Corporation Bhd, IOI Corporation Berhad, Archer Daniels Midland Company, DowDuPont Inc., and Guangxi Long'an Ruifeng Induetrial & Trading Co., Ltd.

Market-research techniques encompass qualitative techniques. The report helps the user to strengthen decisive power to plan their strategic moves to launch or expand their businesses by offering them a clear picture of this market. Soy Oil & Palm Oil Market Research Report gives current competitive analysis and also valuable insights to clients/industries, which will assist them to prepare a new strategy to expand or penetrate in a global Soy Oil & Palm Oil market.

Soy oil or soybean oil is a vegetable oil extracted from the seeds of the soybean. Palm oil is an edible vegetable oil derived from the reddish pulp of the fruit of the oil palms. Food industry is the major consumer of soy oil. Apart from food industry, soy oil has application in resin & plastic, biofuels, paint & varnish, production of fatty acids, and other non-food uses such as drying oil.

Market Dynamics

Palm oil segment is gaining significant traction in the market, owing to increasing demand for palm oil in food industry. Palm oil has major application in food industry as cooking/frying oil, shortenings, margarine, and confectionary fats.

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Asia Pacific held a significant market share in 2017. The production of soy oil and palm oil is expected to increase over the forecast period, attributed to growing food and biofuel industry. For instance, from September 2018, Indonesia has made compulsory palm oil derived biofuel blend in all vehicles and heavy machinery. Other countries such as China, Japan, India, Australia, New Zealand, and Malaysia are also drafting policies for biofuel mix in vehicle.

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