Palm Oil Market 2020 | Global and Regional Analysis, Key Regions, Applications, Future Scope And Outlook To 2026
Category: #business  By Ashwin Naphade  Date: 2020-02-28
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Palm Oil Market 2020 | Global and Regional Analysis, Key Regions, Applications, Future Scope And Outlook To 2026

The global palm oil market is anticipated to reach USD 147.59 billion by 2026 according to a new study published by The marker research report. Palm oil is a versatile and important raw material for food, personal care, and other commodity products.

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The volatility in crude prices, comparatively high hydrocarbon fuel prices along with strong efforts globally to reduce greenhouse gas emissions, demand for biofuels from the transport sector have significantly increased. This is mainly owing to palm oil’s competitiveness in productivity and prices. Rising demand for organic food products, cosmetics, detergents and other naturally ingredient rich or derived commodities, popularity of palm and palm kernel oil have increased exponentially over the past decade.

Asia Pacific is the leading regional palm oil market in terms of consumption and production of palm oil. Indonesia and Malaysia are the leading global producers of palm oil. Indonesian palm oil market cultivation expanded significantly owing to the encouragement of Indonesian Government’s foreign investment plans. The trade along with economic liberalization as well as deregulation of policy and de-bureaucratization created an attracting investment climate.

In Malaysia, palm oil market is well developed and a diversified market. Aside the smallholders and plantations sectors, the processing sector is well-established, that encompasses the refining, milling, crushing and also the oleochemical subsectors. The regional demand for palm oil is meet with a small part production from these two countries and the rest is exported to the USA and Europe.

Palm oil offers the maximum output value in comparison to other major oilseed crops, such as soya bean, rapeseed, and sunflower. Indeed, the overall annual value per hectare for the product at USD 1135 is highly remunerative than the rapeseed at USD 696, soya bean at USD 543 and sunflower at USD 334. Therefore, in an market space in most nations, where the agricultural or farming land has been shrinking with increasing urbanization owing to industrialization, which is also coupled with the most important fact that inside the agricultural industry oilseeds compete with different grains for larger arable land available, cultivation of oil palm seems to be the most obvious and potential option to satisfy the needs growing oils & fats globally.

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Leading players
Some of the leading industry participants include Wilmar International, Univanich Palm Oil Public Company Limited, United Palm Oil Industry Public Company Limited,, Sime Darby Plantations, Siat Group of Companies, PT Indofood Sukses Makmur Tbk, PT Astra Agro Lestari Tbk, Musim Mas Group, MM VitaOils Sdn Bhd,, Kuala Lumpur Kepong Berhad, Kempas Edible Oil Sendirian Berhad, IOI Group, Intercontinental Specialty Fats,  Golden Agri Resources Ltd,  Genting Plantations, Fuji Vegetable Oils Inc, Dekel Oil, Carotino Group, California Oil Corp, Boustead Group, Alami Group,  and ADM.

Table of Contents

1.            Overview and Scope

2.            Executive Summary

3.            Palm Oil Market Insights

4.            Palm Oil Market Size and Forecast by Product Type

4.1.         Key Findings

4.2.         Palm Kernel Oil & Cake

4.3.         Crude palm Oil

4.4.         Others

5.            Palm Oil Market Size and Forecast by Application Type

5.1.         Key Findings

5.2.         Biofuels

5.3.         Personal Care

5.4.         Edible Oil

5.5.         Lubricants

5.6.         Others

5.6.1.     Global Market Estimates and Forecasts, 2017-2026

6.            Palm Oil Market Size and Forecast by Regions

7.            Company Profiles

7.1.         Alami Group, Malaysia

7.2.         ADM, USA

7.3.         Boustead Group, Malaysia

7.4.         California Oil Corp, USA

7.5.         Dekel Oil, Cyprus

7.6.         Fuji Vegetable Oils Inc, USA

7.7.         IOI Group, Malaysia

7.8.         Kuala Lumpur Kepong Berhad, Malaysia

7.9.         MM VitaOils Sdn Bhd, Malaysia

7.10.      PT Astra Agro Lestari Tbk, Indonesia

More Details on this Report At: https://www.marketstudyreport.com/reports/palm-oil-market-by-product-type-palm-kernel-oil-cake-crude-palm-oil-and-others-by-application-type-biofuels-personal-care-edible-oil-lubricants-and-others-by-regions-market-size-forecast-2017-2026?utm_source=itresrch&utm_medium=TS

Related Report:

Global (United States, European Union and China) Functional Coil Coatings Market Research Report 2019-2025

The demand for functional coil coatings in Asia-Pacific is expected to rise, owing to increase in population rate, advancement in steel and aluminum industry, and stable economic growth. Functional coil coatings are widely accepted by the Chinese customers, owing to increase in manufacturing plant in this region and requirement of functional coil coated metal for construction of various manufacturing equipment in these plants.

https://www.marketstudyreport.com/reports/global-united-states-european-union-and-china-functional-coil-coatings-market-research-report-2019-2025?utm_source=itresrch&utm_medium=TS

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About Author

Ashwin Naphade    

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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