Palm Oil Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
22122 | Date :
Jan, 2023 | Pages :
180 | Region : Global |
Publisher : RI
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 touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Palm Oil Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
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
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Crude Palm Oil
Palm Olein In Market segmentation by applications :
Foods
Bio-Diesel
Surfactants
Cosmetics
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Palm Oil Market for the forecast period 2023 - 2030?
• What are the driving forces in the Palm Oil Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Palm Oil industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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