Press release
With 9% CAGR, Global Sustainable Palm Oil Market Size to Surpass USD 30,100 Million by 2026 - Comprehensive Research Report by Facts & Factors
In "Sustainable Palm Oil Market By Type (Palm Kernel Oil, Crude Palm Oil, and Others), By End-User (Edible Oil, Cosmetics, Surfactants, Bio-diesel, and Others), and By Regions: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026," Facts and Factors have published their research. According to our data, the global market for sustainable palm oil is currently valued at around USD 15,778 million and is projected to grow to over USD 30,100 million by 2026. From 2020 to 2026, the market is projected to grow at a CAGR of about 9%.Palm oil is the most widely used vegetable oil in the world because it is practical and economical. However, in tropical nations with oil palm plantations, the rising usage of palm oil has resulted in deforestation and inter-communal strife.
As a result, the demand for sustainable palm oil is increasing. Lipsticks, ice cream, soap, detergents, culinary items, cosmetics, and biofuel are all products that employ high-quality palm oil.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/global-sustainable-palm-oil-market-by-type-palm
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐๐ฅ๐ฆ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
Demand is rising from a variety of end-user industries.
It is possible to use palm oil in personal care goods, transportation fuel, and a variety of foods. During the projection period, it is anticipated that palm oil's environmental friendliness will support market growth.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐๐ฅ๐ฆ ๐๐ข๐ฅ ๐๐๐ฌ๐ญ๐ซ๐ข๐๐ญ๐ข๐จ๐ง:
The costs of sustainable palm oil are high.
The lack of consumer awareness about sustainable palm oil (SPO) is anticipated to impede the market's expansion. There are companies that are ignorant of the SPO or sustainability basics.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐๐ฅ๐ฆ ๐๐ข๐ฅ ๐๐ซ๐จ๐ฎ๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐ฅ๐:
Promotional programs for sustainable palm oil
The market for sustainable palm oil is expected to grow as a result of promising legislative efforts being implemented by emerging economies including China, India, and Europe. The main driver of market expansion is the growing market penetration in top farming nations like Indonesia, Malaysia, and Thailand.
๐๐๐๐ ๐๐ฎ๐ฒ๐ง๐จ๐ฐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/global-sustainable-palm-oil-market-by-type-palm
๐ฆ๐๐ซ๐ค๐๐ญ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ:
Due to its expanding use in the food industry, crude palm oil dominates the type segment of the market. Edible oil is another name for crude oil. On the global market for sustainable palm oil, crude oil holds 64% of the market share.
During the forecast period, the Edible Oil category is expected to rule the global Sustainable Palm Oil market. The edible oil market is booming as a result of the rising usage of edible oil in cosmetics, home cleaners, and cookery.
๐๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐๐ฅ๐ฆ ๐๐ข๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐ข๐ง๐ญ๐จ:
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐๐ฅ๐ฆ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐ฒ๐ฉ๐
Palm Kernel Oil
Crude Palm Oil
Others
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐๐ฅ๐ฆ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Edible Oil
Cosmetics
Bio-diesel
Surfactants
Others
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/customization/global-sustainable-palm-oil-market-by-type-palm
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐๐ฅ๐ฆ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-East Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
The Middle East and Africa
GCC Countries
South Africa
Rest of Middle-East Africa
Facts & Factors
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