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Palm Fatty Acid Distillate Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

06-12-2024 07:55 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Palm Fatty Acid Distillate Market Size
The global Palm Fatty Acid Distillate market is projected to grow from US$ 2894.1 million in 2023 to US$ 2859.6 million by 2029, at a Compound Annual Growth Rate (CAGR) of -0.2% during the forecast period.

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Palm Fatty Acid Distillate Market
PFAD stands for Palm Fatty Acid Distillate. It is a processing residue resulting from physical refining of crude palm oil products. At room temperature it is a light brown semi-solid, melting to a brown liquid on heating. Up to 70-80 percent of PFAD is free fatty acid (FFA), with palmitic acid and oleic acid being the major components. The remaining 20 percent is made up of components including triglycerides, partial glycerides, and vitamin E, sterols and squalene. PFAD (Palm Fatty Acid Distillate) is used in many industries such as laundry soap, animal feed industries and also as raw material for the oleo chemical industry. PFAD is also often considered as a valuable and low-cost raw material for bio-diesel production.
Global Palm Fatty Acid Distillate includes FGV Holdings, Wilmar International, Sime Darby Plantation, Golden Agri Resources, etc. Global top three companies hold a share over 20%. Asia- Pacific is the largest market, with a share about 50%, followed by Europe and North America with the share about 30% and 7%.
In terms of production side, this report researches the Palm Fatty Acid Distillate production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
In terms of consumption side, this report focuses on the sales of Palm Fatty Acid Distillate by region (region level and country level), by company, by Type and by Application. from 2018 to 2023 and forecast to 2029.

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Segment by Type
• FFA Content 70%-73%
• FFA Content 73%-77%
• FFA Content 77% and Above

Segment by Application
• Oleochemicals
• Feed
• Biofuel
• Others

By Company
FGV Holdings, Wilmar International, Sime Darby Plantation, IOI Group, RGE Group, Golden Agri Resources, Musim Mas, Astra Agro Lestari, Genting Plantations, First Resources, Indofood Agri Resources, Sarawak Oil Palms Berhad, Future Prelude, Permata Hijau Group

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https://reports.valuates.com/market-reports/QYRE-Auto-0U9559/global-palm-fatty-acid-distillate

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