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Pulished Date April, 2021
ID: 7265
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Palm Oil Market Analysis By Derivative (Crude Palm Oil, Palm Kernel Oil, And Palm Kernel Cake), by Application (Edible Oil, Cosmetics, Bio-diesel, And Lubricants) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts Report 2021-2026

Pulished: April, 2021
ID: 7265
Pages: 175

Palm Oil Market Size and Growth Rate Analysis:

Palm Oil Market, which was valued at USD 65 billion, is expected to grow at a compound annual rate of 7.2%, to reach USD 92 billion in 2021. The global palm oil market is growing at a breakneck pace. Palm oil is an economically essential and versatile vegetable oil that is used as a raw material for food and non-food products. It is used worldwide and is found in supermarkets ranging from sweets, cakes, margarine, cereals, detergents, and cosmetics. Palm oil is also used as a first-generation biofuel. It is also used to prevent vitamin A deficiency, cancer, brain disease, aging, and treat malaria, high blood pressure, cholesterol, and cyanide poisoning.

Most of this oil is produced in regions like Asia, Africa, and South America because trees need warm temperatures, sunlight, and lots of rain to maximize agricultural production.

Palm Oil Market Recent Trends:

Palm oil is widely used vegetable oil and a common ingredient in margarine, cookies, instant noodles, bread, lipsticks, cereals, chocolates, candies, ice cream, shampoos, and detergents. Palm oil is low in trans-fat and profitable due to its higher demand worldwide. A technological invention coupled with significant foreign funds in the field for sustainable production methods estimated to create many opportunities for participants from all over the world. It is presumed that a higher production price due to the adoption of sustainable production processes is an essential limitation for new market participants.

Palm oil is a monetarily critical and flexible vegetable oil that is used as raw material for food and subsistence items. Prominent red and orange "new natural product packages" are developed in oil palms, which can be separated into individual organic products. The fragile living creature and the small natural product give palm oil. Palm Oil Innovation Group (POIG) is committed to manufacturing extremely pure palm oil, free of trans-fats and that can be used as cooking oil. Created in 2013, the activity was created in partnership with driving NGOs, as well as with dynamic palm oil manufacturers.

During the last two decades, the increasing use of palm oil and the simultaneous expansion in the area have been censored by common society associations as drivers of deforestation, as well as the displacement and disruption of populations and human creatures.

Palm Oil Market Drivers and restraints:

Various government initiatives regarding blending conventional fuel with bio-based fuel, as well as the increasing use of products such as bio-based diesel, have gained worldwide acceptance in recent years. Consumers around the world know cosmetics, lubricants, and surfactants of organic origin, which has also stimulated the Palm Oil market. We note that several government regimes such as RSPO, POIG and more have a positive impact on the global palm oil market. Several multinationals in this field are continually investing in their R&D department to improvise their product portfolio, thus responding to a broader application base and supporting the Palm Oil market. Technological improvisation together with a significant foreign investment in the field for sustainable production methods should create many opportunities for industry participants worldwide.

In addition to several favorable factors, the strict environmental regulations that govern the production, on the other hand, should hinder growth in the global Palm Oil market. It is believed that a higher production cost due to the adoption of sustainable production methods is another market constraint and should prevent new ones from entering the business. The Palm Oil Market is characterized by strict government regulations that require companies to comply with the sustainability of production and extraction. The transition of consumer preferences for fuels and carbon sources leads to increased demand for biodiesel applications.

Geographical Classification of the Palm Oil Market:

Geographically, the global Palm Oil Market is segmented in North America (U.S. and Canada), Europe (U.K., France, Germany and Rest of Europe), Asia Pacific (Japan, China, India and Rest of APAC), Latin America (Brazil, Mexico and Rest of Latin America), and Middle-East & Africa (GCC and Rest of MEA).

Regional Analysis:

North America Region Insights:

The United States and Canada have a relatively low per capita consumption due to the predominance of national soybean and corn oils in the market. As a result, the issue of sustainable sourcing has not been a high priority for companies in North America and the level of awareness of the impacts of their products among consumers is still relatively low. Therefore, the region is expected to grow at a slower pace than developing areas such as Asia-Pacific and the MEA.

Europe Region Insights:

In Europe, the high income of consumers and the growing influence of social networks have driven the demand for high-end cosmetics and personal care. Men are also rapidly adapting to new trends in the consumer cosmetics market, using products such as hair and beard care products. These trends have encouraged cosmetic companies to develop specific products with unique characteristics aimed at this demographic.

Asia Pacific Region Insights:

The Asia Pacific is home to several large emerging markets, including India, Vietnam, Thailand, Malaysia, and Indonesia, most of which are large producers and exporters. Most of these countries are also committed to a high level of sustainability, with innovations to achieve greater efficiency in life and maximize production in the global Palm Oil market growth. Another factor that contributes to the growth of the industry is the accelerated replanting and mechanization of various harvesting and processing techniques.

The Middle East and Africa Region insights:

The demographic transition in the Middle East and Africa, which includes the growing workforce, has increased spending on goods related to health and well-being. Clean and natural products are also consumed to a large extent, as consumers realize the benefits of these products, compared to others that contain artificial additives. This trend is particularly marked among white-collar workers, nonresidential foreign returnees and expatriates working in the region. These factors have resulted in a change in the direction towards sustainable and organic sources in culinary and other applications.

Detailed Segmentation Analysis of the Palm Oil Market:

Based on Derivative:                

  • Crude Palm Oil      
  • Palm Kernel Oil     
  • Palm Kernel Cake
  • Others     

Based on Application:                

  • Edible Oil 
  • Cosmetics
  • Bio-diesel
  • Lubricants
  • Surfactants            
  • Others     

Leading Key Companies covered in this market report are:

  • Golden Agri Resources Limited
  • Godrej Agrovet Limited
  • PT Astra Agro Lestari Tbk
  • Cargill Inc
  • United Palm Oil Industry Public Company Limited
  • Wilmar International Limited
  • Sime Darby
  • IOI Corp
  • London Sumatra
  • Kulim Bhd
  • Musim Mas Group
  • Alami Group
  • Archer Daniels Midland

Reasons to Buy:

  • This research report includes an in-depth revision analysis of the Palm Oil Market.
  • The report covers market segmentation by Derivatives, and By Application.
  • It will help in classifying region-wise major suppliers and comprehends consumption patterns.
  • This report will provide useful and premium insights that will give in investments for Palm Oil Market and related companies providing details on the fast-growing segments, regions, and countries.
  • Furthermore, this report provides key findings that will help the companies to increase revenue, and improve profitability by using supply chain strategies, cost-effectiveness of various products which are mentioned in the report.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Derivative                   

                                5.1.1 Introduction           

                                5.1.2 Crude Palm Oil       

                                5.1.3 Palm Kernel Oil      

                                5.1.4 Palm Kernel Cake 

                                5.1.5 Others      

                                5.1.6  Y-o-Y Growth Analysis, By Derivative          

                                5.1.7  Market Attractiveness Analysis, By Derivative        

                                5.1.8  Market Share Analysis, By Derivative         

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Edible Oil  

                                5.2.3 Cosmetics

                                5.2.4 Bio-diesel

                                5.2.5 Lubricants

                                5.2.6 Surfactants             

                                5.2.7 Others      

                                5.2.8 Y-o-Y Growth Analysis, By Application         

                                5.2.9 Market Attractiveness Analysis, By Application       

                                5.2.10 Market Share Analysis, By Application      

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Derivative

                                                6.1.3.3 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Derivative

                                                6.1.4.3 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Derivative

                                                6.1.5.3 By Application

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Cargill Inc.                    

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 United Palm Oil Industry Public Company Limited                     

                8.3 Wilmar International Limited                              

                8.4 Sime Darby                 

                8.5 Golden Agri Resources Limited                          

                8.6 Godrej Agrovet Limited                        

                8.7 PT Astra Agro Lestari Tbk                      

                8.8 London Sumatra                       

                8.9 Kulim Bhd                    

                8.10 IOI Corp.                    

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of derivative and application along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Palm Oil Market By Region, From 2021-2026 ( USD Million )
  2. Global Palm Oil Market By Application, From 2021-2026 ( USD Million )
  3. Global Edible Oil Market By Region, From 2021-2026 ( USD Million )
  4. Global Cosmetics Market By Region, From 2021-2026 ( USD Million )
  5. Global Bio-diesel Market By Region, From 2021-2026 ( USD Million )
  6. Global Lubricants Market By Region, From 2021-2026 ( USD Million )
  7. Global Surfactants Market By Region, From 2021-2026 ( USD Million )
  8. Global Others  Market By Region, From 2021-2026 ( USD Million )
  9. Global Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  10. Global Crude Palm Oil Market By Region, From 2021-2026 ( USD Million )
  11. Global Palm Kernel Oil Market By Region, From 2021-2026 ( USD Million )
  12. Global Palm Kernel Cake Market By Region, From 2021-2026 ( USD Million )
  13. Global Others Market By Region, From 2021-2026 ( USD Million )
  14. North America Palm Oil Market By Application, From 2021-2026 ( USD Million )
  15. North America Edible Oil Market By Region, From 2021-2026 ( USD Million )
  16. North America Cosmetics Market By Region, From 2021-2026 ( USD Million )
  17. North America Bio-diesel Market By Region, From 2021-2026 ( USD Million )
  18. North America Lubricants Market By Region, From 2021-2026 ( USD Million )
  19. North America Surfactants Market By Region, From 2021-2026 ( USD Million )
  20. North America Others  Market By Region, From 2021-2026 ( USD Million )
  21. North America Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  22. North America Crude Palm Oil Market By Region, From 2021-2026 ( USD Million )
  23. North America Palm Kernel Oil Market By Region, From 2021-2026 ( USD Million )
  24. North America Palm Kernel Cake Market By Region, From 2021-2026 ( USD Million )
  25. North America Others Market By Region, From 2021-2026 ( USD Million )
  26. United States Palm Oil Market By Application, From 2021-2026 ( USD Million )
  27. United States Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  28. Canada Palm Oil Market By Application, From 2021-2026 ( USD Million )
  29. Canada Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  30. Europe Palm Oil Market By Application, From 2021-2026 ( USD Million )
  31. Europe Edible Oil Market By Region, From 2021-2026 ( USD Million )
  32. Europe Cosmetics Market By Region, From 2021-2026 ( USD Million )
  33. Europe Bio-diesel Market By Region, From 2021-2026 ( USD Million )
  34. Europe Lubricants Market By Region, From 2021-2026 ( USD Million )
  35. Europe Surfactants Market By Region, From 2021-2026 ( USD Million )
  36. Europe Others  Market By Region, From 2021-2026 ( USD Million )
  37. Europe Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  38. Europe Crude Palm Oil Market By Region, From 2021-2026 ( USD Million )
  39. Europe Palm Kernel Oil Market By Region, From 2021-2026 ( USD Million )
  40. Europe Palm Kernel Cake Market By Region, From 2021-2026 ( USD Million )
  41. Europe Others Market By Region, From 2021-2026 ( USD Million )
  42. U.K. Palm Oil Market By Application, From 2021-2026 ( USD Million )
  43. U.K. Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  44. Germany Palm Oil Market By Application, From 2021-2026 ( USD Million )
  45. Germany Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  46. France Palm Oil Market By Application, From 2021-2026 ( USD Million )
  47. France Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  48. Italy Palm Oil Market By Application, From 2021-2026 ( USD Million )
  49. Italy Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  50. Spain Palm Oil Market By Application, From 2021-2026 ( USD Million )
  51. Spain Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  52. Asia Pacific Palm Oil Market By Application, From 2021-2026 ( USD Million )
  53. Asia Pacific Edible Oil Market By Region, From 2021-2026 ( USD Million )
  54. Asia Pacific Cosmetics Market By Region, From 2021-2026 ( USD Million )
  55. Asia Pacific Bio-diesel Market By Region, From 2021-2026 ( USD Million )
  56. Asia Pacific Lubricants Market By Region, From 2021-2026 ( USD Million )
  57. Asia Pacific Surfactants Market By Region, From 2021-2026 ( USD Million )
  58. Asia Pacific Others  Market By Region, From 2021-2026 ( USD Million )
  59. Asia Pacific Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  60. Asia Pacific Crude Palm Oil Market By Region, From 2021-2026 ( USD Million )
  61. Asia Pacific Palm Kernel Oil Market By Region, From 2021-2026 ( USD Million )
  62. Asia Pacific Palm Kernel Cake Market By Region, From 2021-2026 ( USD Million )
  63. Asia Pacific Others Market By Region, From 2021-2026 ( USD Million )
  64. Japan Palm Oil Market By Application, From 2021-2026 ( USD Million )
  65. Japan Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  66. China Palm Oil Market By Application, From 2021-2026 ( USD Million )
  67. China Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  68. India Palm Oil Market By Application, From 2021-2026 ( USD Million )
  69. India Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  70. Australia Palm Oil Market By Application, From 2021-2026 ( USD Million )
  71. Australia Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  72. South Korea Palm Oil Market By Application, From 2021-2026 ( USD Million )
  73. South Korea Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  74. Latin America Palm Oil Market By Application, From 2021-2026 ( USD Million )
  75. Latin America Edible Oil Market By Region, From 2021-2026 ( USD Million )
  76. Latin America Cosmetics Market By Region, From 2021-2026 ( USD Million )
  77. Latin America Bio-diesel Market By Region, From 2021-2026 ( USD Million )
  78. Latin America Lubricants Market By Region, From 2021-2026 ( USD Million )
  79. Latin America Surfactants Market By Region, From 2021-2026 ( USD Million )
  80. Latin America Others  Market By Region, From 2021-2026 ( USD Million )
  81. Latin America Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  82. Latin America Crude Palm Oil Market By Region, From 2021-2026 ( USD Million )
  83. Latin America Palm Kernel Oil Market By Region, From 2021-2026 ( USD Million )
  84. Latin America Palm Kernel Cake Market By Region, From 2021-2026 ( USD Million )
  85. Latin America Others Market By Region, From 2021-2026 ( USD Million )
  86. Brazil Palm Oil Market By Application, From 2021-2026 ( USD Million )
  87. Brazil Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  88. Argentina Palm Oil Market By Application, From 2021-2026 ( USD Million )
  89. Argentina Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  90. Mexico Palm Oil Market By Application, From 2021-2026 ( USD Million )
  91. Mexico Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  92. Rest of Latin America Palm Oil Market By Application, From 2021-2026 ( USD Million )
  93. Rest of Latin America Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  94. Middle East and Africa Palm Oil Market By Application, From 2021-2026 ( USD Million )
  95. Middle East and Africa Edible Oil Market By Region, From 2021-2026 ( USD Million )
  96. Middle East and Africa Cosmetics Market By Region, From 2021-2026 ( USD Million )
  97. Middle East and Africa Bio-diesel Market By Region, From 2021-2026 ( USD Million )
  98. Middle East and Africa Lubricants Market By Region, From 2021-2026 ( USD Million )
  99. Middle East and Africa Surfactants Market By Region, From 2021-2026 ( USD Million )
  100. Middle East and Africa Others  Market By Region, From 2021-2026 ( USD Million )
  101. Middle East and Africa Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  102. Middle East and Africa Crude Palm Oil Market By Region, From 2021-2026 ( USD Million )
  103. Middle East and Africa Palm Kernel Oil Market By Region, From 2021-2026 ( USD Million )
  104. Middle East and Africa Palm Kernel Cake Market By Region, From 2021-2026 ( USD Million )
  105. Middle East and Africa Others Market By Region, From 2021-2026 ( USD Million )
  106. Middle East Palm Oil Market By Application, From 2021-2026 ( USD Million )
  107. Middle East Palm Oil Market By Derivative, From 2021-2026 ( USD Million )
  108. Africa Palm Oil Market By Application, From 2021-2026 ( USD Million )
  109. Africa Palm Oil Market By Derivative, From 2021-2026 ( USD Million )

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