Global Palm Oil Market Outlook Exhibits Sustained Growth during the Period 2017-2022

In its recent report, Fact.MR offers a comprehensive perspective on the global palm oil market across few targeted regions. The size and scope of the palm oil market has grown enormously in the last three decades, making it extremely lucrative for all key stakeholders. While the main application of palm oil might be in the form of cooking oil, the palm oil market also serves the cosmetics, energy, animal feed, and pharmaceutical industries today. The report focuses on the provision of in-depth research and detailed insights about global palm oil market for the forecast period 2017 to 2022.

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Scope

The prime focus of Fact.MR’s report is to provide readers with an unbiased and accurate analysis of current market status of palm oil, along with future growth estimations. Palm oil producers, suppliers, and distributors in the global market will benefit from the insights offered in this report. A detailed discussion guide has been formulated in this report, which can attract the interest of top trade magazines and journals related to palm oil.

To offer readers with latest information about advancements in the global palm oil market, updates about opportunities benefitting leading palm oil producing companies are offered in the report. Continuous evolution of the food & beverages sector necessitates keeping record of upcoming and recent developments and trends which are fundamental for palm oil producers to formulate and adopt key business strategies. The detailed analysis pertaining to list of distributors, pricing analysis, raw material sourcing, cost structures, and supply chain are offered in this section.

By considering the global palm oil market, and provide an in-depth analysis, Fact.MR’s report offers segment-wise analysis and forecast. The palm oil market is categorized on the basis of product type, end-user, distribution channel and region. Segmentation analysis offered is comprehensive, along with the detailed country-wise forecast offered on all parameters.

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Fact.MR has analyzed the global palm oil market in depth, estimating it to reach US$ 33.7 Bn value by 2022-end at a moderate CAGR. The report has also made certain projections given below -

1- Europe is expected to maintain its dominant position in the palm oil market throughout the course of the forecast period. A CAGR of 4.9% from 2017 to 2022 makes it particularly appealing to key stakeholders in the palm oil market.

2- A potential opportunity of almost US$ 5 billion in 2017 alone makes North America extremely important in the palm oil market which major companies would be highly advised to take into account while planning their long-term strategies.

3- The virgin segment represents only a third of the revenue share by product type in the palm oil market and it is not anticipated to outpace the processed segment anytime soon. Europe and APEJ are the only regions that are predicted to cross US$ 2 billion by end of 2022 and companies could look at targeting them with products that cater to their requirements.

4- The retail segment is on track to comprise more than a third of the palm oil market by end use segment. Studies show that it is present in more than half of all commodities stocked on retailer store shelves. The palm oil market serves the food & beverage, cosmetics, animal foodstuff, and pharmaceutical industry.

5- The specialty store segment is only a fifth of the revenue share by distribution channel in the palm oil market but companies could try to raise the profile of these dedicated stores by committing additional resources. Specialty stores may only market products sold in the palm oil market raising the awareness of this multi-purpose natural oil.

Competition Dashboard in the Palm Oil Market

A few of the most prominent companies in the palm oil market are Cargill Inc., American Vegetable Oils, Grief Inc., Bunge Limited, Fuji Oil Holdings, Ruchi Soya Industries, and Associated British Foods.

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About Fact.MR

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This release was published on openPR.