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Global Palm Oil Market Expected to Reach USD 96.95 billion by 2030, Growing at a Strong CAGR of 5.0%

01-29-2025 12:38 PM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Global Palm Oil Market Expected to Reach USD 96.95 billion

๐๐š๐ฅ๐ฆ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

In 2021, the size of the global palm oil market was assessed at USD 63.65 billion. The market is expected to grow to USD 96.95 billion by 2030, displaying a CAGR of 5.0% during the period of 2022 to 2030. A few of the key factors driving up the
market expansion are:

โ€ข The rising demand for this precious commodity as a nutrition and fuel supply has led to significant growth in the market.
โ€ข The extended storage life of palm oil, as well as being less expensive than alternative vegetable oils, is expected to drive the market expansion.
โ€ข Increased public understanding of health advantages such as the elimination of GMO, gluten, and milk is anticipated to drive the market growth forward.
โ€ข Increasing use of palm oil in the manufacturing of detergents & soaps, printing inks, lubricants, and cosmetics is expected to push the growth of the market further.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/palm-oil-market/request-for-sample

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Palm oil is a vegetable oil that comes from the fruit of the palm tree. It's the most widely consumed vegetable oil in the world. Palm oil is extracted from the mesocarp, the fleshy part of the fruit. Palm kernel oil is extracted from the peeling of fruit, also called kernel or stone, in the middle portion of fruit. The crude oil is deep red due to its carotenoid content. Red palm oil contains carotenoids that help the body absorb vitamin A. Indonesia and Malaysia produce over 85% of the world's palm oil. Palm oil is used in cooking, food products, detergents, cosmetics, and biofuel. It's also found in many packaged products, such as lipstick, soaps, and ice cream. Palm oil is rich in vitamins and antioxidants, including vitamin E. The rapid expansion of palm oil plantations has resulted in the destruction of tropical forests and habitats for endangered species.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Leading layers are implementing marketing strategies such as long-term contracts, product introductions, enhancements, collaborations, and accords, as well as mergers and acquisitions, to enhance their market presence and elevate their revenue.

โ€ข ADM
โ€ข Asian Agri
โ€ข Cargill Inc.
โ€ข Godrej Agrovet Limited
โ€ข Golden Agri Resources Limited
โ€ข IJM Corporation Berhad
โ€ข IOI Corporation Berhad
โ€ข Kuala Lumpur Kepong Berhad
โ€ข Kulim Berhad
โ€ข London Sumatra
โ€ข PT. Bakrie Sumatera Plantations Tbk
โ€ข Sime Darby
โ€ข United Plantations Berhad
โ€ข Univanich Palm Oil Public Company Ltd.
โ€ข Wilmar International Ltd

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/palm-oil-market/inquire-before-buying

๐๐š๐ฅ๐ฆ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐Ž๐‚:

๐Ÿ. ๐๐š๐ฅ๐ฆ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
1. Palm Oil - Nature Snapshot
2. Palm Oil Market Dynamics
1. Drivers and Opportunities
2. Restraints and Challenges
3. Porter's Five Forces Analysis
1. Bargaining Power of Suppliers (Moderate)
2. Threats of New Entrants: (Low)
3. Bargaining Power of Buyers (Moderate)
4. Threat of Substitute (Moderate)
5. Rivalry among existing firms (High)
4. PESTEL Analysis
5. Palm Oil Market Nature Trends
6. Value Chain Analysis
7. COVID-19 Impact Analysis

๐Ÿ. ๐๐š๐ฅ๐ฆ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ
1. Key Findings
2. Introduction
1. Palm Oil Market, by Product, 2018 - 2030 (USD Billion)
3. CPO
1. Palm Oil Market, by CPO, by Region, 2018 - 2030 (USD Billion)
4. Palm Kernel Oil
1. Palm Oil Market, by Palm Kernel Oil, by Region, 2018 - 2030 (USD Billion)
5. RBD Palm Oil
1. Palm Oil Market, by RBD Palm Oil, by Region, 2018 - 2030 (USD Billion)
6. Fractionated Palm Oil
1. Palm Oil Market, by Fractionated Palm Oil, by Region, 2018 - 2030 (USD Billion)

๐Ÿ‘. ๐๐š๐ฅ๐ฆ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž
1. Key Findings
2. Introduction
1. Palm Oil Market, by End-Use, 2018 - 2030 (USD Billion)
3. Personal Care & Cosmetics
1. Palm Oil Market, by Personal Care & Cosmetics, by Region, 2018 - 2030 (USD Billion)
4. Food & Beverage
1. Palm Oil Market, by Food & Beverage, by Region, 2018 - 2030 (USD Billion)
5. Biofuel & Energy
1. Palm Oil Market, by Biofuel & Energy, by Region, 2018 - 2030 (USD Billion)
6. Pharmaceuticals
1. Palm Oil Market, by Pharmaceuticals, by Region, 2018 - 2030 (USD Billion)
7. Others
1. Palm Oil Market, by Others, by Region, 2018 - 2030 (USD Billion)

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/palm-oil-market/analysis-type

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

โ€ข The palm oil market is segmented based on product, nature, end-use, and region.
โ€ข The market for palm oil, based on nature, is segmented into conventional and organic.
โ€ข The conventional segment is expected to hold a significant share in the global palm oil market thanks to Increasing cultivation with the help of chemical pesticides by small and medium market players.
โ€ข Based on end-use, the market is segmented as pharmaceuticals, biofuel & energy, food & beverage, personal care & cosmetics, and others.
โ€ข The food & beverage segment is projected to dominate the market over the forecast period owing to the growing use of palm oil product derivatives as raw materials in food & beverages.

Palm Oil, Product Outlook (Revenue - USD Billion, 2018 - 2030)
โ€ข CPO
โ€ข Kernel Oil
โ€ข RBD Oil
โ€ข Fractionated Oil

Palm Oil, Nature Outlook (Revenue - USD Billion, 2018 - 2030)
โ€ข Organic
โ€ข Conventional

Palm Oil, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
โ€ข Personal Care & Cosmetics
โ€ข Food & Beverage
โ€ข Biofuel & Energy
โ€ข Pharmaceuticals
โ€ข Others

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Air Core Drilling Market:
https://www.polarismarketresearch.com/industry-analysis/air-core-drilling-market

Algae Oil Market:
https://www.polarismarketresearch.com/industry-analysis/algae-oil-market

Allantoin Market:
https://www.polarismarketresearch.com/industry-analysis/allantoin-market

Alpha Olefin Market:
https://www.polarismarketresearch.com/industry-analysis/alpha-olefin-market

Americas Coating Additives Market:
https://www.polarismarketresearch.com/industry-analysis/americas-coating-additives-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

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 PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the 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 PMR's customers.

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