Press release
Sales Forecast of Fractionated Palm Oil Market , Analysis, and Forecast Report till 2031
Fact.MR analyse the Fractionated Palm Oil market by considering mentioned factors collected through extensive primary research from key opinion leaders (KOL) and demand-side participants at regional/country level, such as shrimp industry participants, retail and channel partners, end users etc.These estimates are further validated with supply-side participants such as C-level executives of key market participants, product managers, distributors as well as our in-house expert panel. The participants for primary research interviews are selected through a stratified sampling method, and the numbers are inferred for one illustrative country, followed by benchmarking.
Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=109
Key Segments Covered
Product Type
Processed Palm Oil
Virgin Palm Oil
End User
Palm Oil Demand from Foodservices
Palm Oil Demand from Food Processing Industries
Palm Oil Demand from Retailers
Distribution Channel
Palm Oil Sales through Modern Trade Channels
Palm Oil Sales through Franchise Outlets
Palm Oil Sales through Specialty Stores
Palm Oil Sales through Online Channels
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How is Uptake in Biofuels and Energy Sectors Yielding Growth Opportunities?
In recent years, palm-derived biodiesel has acquired significant traction. Compared to petroleum-based diesel, palm oil based biodiesel has a significantly lower sulfur content. Hence, the risk of noxious emissions upon its combustion is mitigated.
Availability of Substitute Products to Hamper Expansion Prospects?
While palm oil is the most popular vegetable oil due to its greater saturated fatty acid content, manufacturers are investigating other alternatives, including soybean oil, rapeseed oil, and sunflower respectively.
Concerns regarding deforestation to plant more palm trees is discouraging end users from using palm oil. Although the aforementioned alternatives lack the same solid fats as palm oil, hydrogenation of liquid oil can mimic the consistency of palm oil solid fats. This is expected to hamper adoption in the forthcoming decade.
What Supports Increasing Palm oil Sales in Europe?
Europe is likely to dominate the global palm oil industry. Countries such as the Netherlands, Germany, Spain, and Italy import sustainable palm oil and distribute it in the European market. Fact.MR expects the region to expand at a CAGR of around 4% until 2031.
According to sources, 7.3 million tons were imported by the European Union for usage in the food and energy industries. These factors are expected to contribute to the worldwide sustainable palm oil market's expansion.
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Competitive Landscape
In the following decade, manufacturers in the palm oil market will focus on strategic acquisitions, collaborations, and new launches.
In June 2021, Cargill announced a $200 million investment in a new palm oil refinery in Lampung, Indonesia. The proposals will help the company expedite its efforts to build a sustainable palm supply chain and provide customers with verified deforestation-free products.
Similarly, Hershey's palm oil is used in a limited number of goods since it is adaptable and has unique properties that other edible oils lack. Palm oil, for example, contains no trans-fat and has a distinct texture and flavor when used in specialized confectionery applications.
After reading the Market insights of Fractionated Palm Oil Report, readers can:
• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Fractionated Palm Oil market revenue.
• Study the growth outlook of Fractionated Palm Oil market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Fractionated Palm Oil market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Fractionated Palm Oil Market Players.
Read More Trending Reports of Fact.MR: -https://www.globenewswire.com/en/news-release/2018/03/09/1419797/0/en/Global-Cheese-Concentrate-Market-to-Witness-High-Profitability-in-Processed-Cheese-Applications-Fact-MR-Forecast.html
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