Global Palm Oil Market Insights, Forecast to 2025
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.
Global production of palm oil will increase to 62.88 million tons in 2017, and the production is expected to reach to 72.95 million tons in 2022, at a CAGR (Compounded Annual Growth Rate) of 3.02% between 2017 and 2022. Indonesia and Malaysia have still the largest production of palm oil.
In the long term, global palm oil demand shows a tendency to increase as the world total population is growing and therefore increasing the consumption of palm oil-based products. India and China will be still the largest consumption of palm oil.
The export volume is huge for palm oil industry. Indonesia and Malaysia are the main exporters.
Although sales of palm oil brought a lot of opportunities, the study group recommends the new entrants must consider adequately the probable risks before entering the industry.
The global Palm Oil market is valued at 40200 million US$ in 2018 and will reach 60300 million US$ by the end of 2025, growing at a CAGR of 5.2% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Palm Oil market based on company, product type, end user and key regions.
This report studies the global market size of Palm Oil in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Palm Oil in these regions.
This research report categorizes the global Palm Oil market by top players/brands, region, type and end user. This report also studies the global Palm Oil market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Felda Global Ventures
IOI
Sime Darby Berhad
Musim Mas
Astra Agro Lestari
Bumitama Agri
Genting Group
KLK
WILMAR
RGE Pte
Indofood Agri Resources
Golden Agri Resources
First Resources
Sampoerna Agro
Market size by Product
Crude Palm Oil
Palm Olein
Market size by End User
Foods
Bio-Diesel
Surfactants
Cosmetics
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Palm Oil market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Palm Oil market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Palm Oil companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Palm Oil submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Palm Oil are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Palm Oil market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Global production of palm oil will increase to 62.88 million tons in 2017, and the production is expected to reach to 72.95 million tons in 2022, at a CAGR (Compounded Annual Growth Rate) of 3.02% between 2017 and 2022. Indonesia and Malaysia have still the largest production of palm oil.
In the long term, global palm oil demand shows a tendency to increase as the world total population is growing and therefore increasing the consumption of palm oil-based products. India and China will be still the largest consumption of palm oil.
The export volume is huge for palm oil industry. Indonesia and Malaysia are the main exporters.
Although sales of palm oil brought a lot of opportunities, the study group recommends the new entrants must consider adequately the probable risks before entering the industry.
The global Palm Oil market is valued at 40200 million US$ in 2018 and will reach 60300 million US$ by the end of 2025, growing at a CAGR of 5.2% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Palm Oil market based on company, product type, end user and key regions.
This report studies the global market size of Palm Oil in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Palm Oil in these regions.
This research report categorizes the global Palm Oil market by top players/brands, region, type and end user. This report also studies the global Palm Oil market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Felda Global Ventures
IOI
Sime Darby Berhad
Musim Mas
Astra Agro Lestari
Bumitama Agri
Genting Group
KLK
WILMAR
RGE Pte
Indofood Agri Resources
Golden Agri Resources
First Resources
Sampoerna Agro
Market size by Product
Crude Palm Oil
Palm Olein
Market size by End User
Foods
Bio-Diesel
Surfactants
Cosmetics
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Palm Oil market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Palm Oil market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Palm Oil companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Palm Oil submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Palm Oil are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Palm Oil market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
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