Palm Oil Market

Palm oil is one of the world's most produced and consumed oils. This cheap, production-efficient and highly stable oil is used in a wide variety of food, cosmetic and hygiene products, and can be used as source for bio-fuel or biodiesel. Most palm oil is produced in Asia, Africa and South America because the trees require warm temperatures, sunshine and plenty of rain in order to maximize production.
Palm Oil Market contains market size and forecasts of Palm Oil in global, including the following market information:
Global Palm Oil Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Palm Oil Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Palm Oil companies in 2021 (%)
The global Palm Oil market was valued at 51100 million in 2021 and is projected to reach US$ 71790 million by 2028, at a CAGR of 5.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Crude Palm Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Palm Oil include FGV Holdings Berhad, IOI Group, Sime Darby Berhad, Musim Mas, Astra Agro Lestari, Bumitama Agri, Genting Group, Kuala Lumpur Kepong Berhad (KLK) and Wilmar International, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Palm Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Palm Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Palm Oil Market Segment Percentages, by Type, 2021 (%)
Crude Palm Oil
Palm Olein
Global Palm Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Palm Oil Market Segment Percentages, by Application, 2021 (%)
Food Industry
Bio-Diesel
Surfactants
Cosmetics Industry
Others
Global Palm Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Palm Oil Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Palm Oil revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Palm Oil revenues share in global market, 2021 (%)
Key companies Palm Oil sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Palm Oil sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
FGV Holdings Berhad
IOI Group
Sime Darby Berhad
Musim Mas
Astra Agro Lestari
Bumitama Agri
Genting Group
Kuala Lumpur Kepong Berhad (KLK)
Wilmar International
Royal Golden Eagle
Indofood Agri Resources
Golden Agri-Resources
First Resources
Sampoerna Agro