Global Palm Oil Market Size & Outlook, 2025-2035
Global palm oil market, 2018-2035 (US$M)
Related Markets
Global palm oil market highlights
- The global palm oil market generated a revenue of USD 74,542.1 million in 2024 and is expected to reach USD 113,989.1 million by 2035.
- The market is expected to grow at a CAGR (2025 - 2035) of 4.2% by 2035.
- In terms of segment, crude palm oil accounted for a revenue of USD 57,915.1 million in 2024.
- Palm Kernel Oil is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Indonesia is expected to register the highest CAGR from 2025 to 2035.
Global data book summary
| Market revenue in 2024 | USD 74,542.1 million |
| Market revenue in 2035 | USD 113,989.1 million |
| Growth rate | 4.2% (CAGR from 2025 to 2035) |
| Largest segment | Crude palm oil |
| Fastest growing segment | Palm Kernel Oil |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2035 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Crude Palm Oil, Palm Kernel Oil, RBD Palm Oil, Fractionated Palm Oil |
Other key industry trends
- In terms of revenue, the North America accounted for 8.3% of the global palm oil market in 2024.
- By country, the Indonesia is projected to lead the global market in terms of revenue in 2035.
- By country, Indonesia is the fastest growing regional market and is projected to reach USD 39,235.3 million by 2035.
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Palm Oil Market Scope
Palm Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| PT Bakrie & Brothers Tbk Registered Shs Series -A- | View profile | 2559 | Jalan HR Rasuna Said, Bakrie Tower, 35th, 36th, 37th Floor, Rasuna Epicentrum Complex, Jakarta, Indonesia, 12940 | https://www.bakrie-brothers.com |
| Univanich Palm Oil PCL Units Non-voting Depository Receipts | View profile | - | 258 Aoluk-Laemsak Road, Ampur Aoluk, P.O.Box 8-9, Krabi, Thailand, 81110 | https://www.univanich.com |
| PT Sampoerna Agro Tbk | View profile | 8845 | Jalan Basuki Rahmat No. 788, South Sumatera, Palembang, Indonesia, 30127 | https://www.sampoernaagro.com |
| United Plantation Berhad | View profile | 6624 | Jendarata Estate, Teluk Intan, PRK, Malaysia, 36009 | https://www.unitedplantations.com |
| Kuala Lumpur Kepong Bhd | View profile | 63864 | No. 1, Jalan S.P. Seenivasagam, Wisma Taiko, Ipoh, PRK, Malaysia, 30000 | https://www.klk.com.my |
| SD Guthrie Bhd | View profile | 84000 | No. 2, Jalan PJU 1A/7, Plantation Tower, Level 10, Main Block, Ara Damansara, Petaling Jaya, SGR, Malaysia, 47301 | https://www.sdguthrie.com |
| Wilmar International Ltd | View profile | 100000 | 28 Biopolis Road, Wilmar International, Singapore, Singapore, 138568 | https://www.wilmar-international.com |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
Global palm oil market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to palm oil market will help companies and investors design strategic landscapes.
Crude palm oil was the largest segment with a revenue share of 77.69% in 2024. Horizon Databook has segmented the Global palm oil market based on crude palm oil, palm kernel oil, rbd palm oil, fractionated palm oil covering the revenue growth of each sub-segment from 2018 to 2035.
- Global Palm Oil Product Outlook (Revenue, USD Million, 2018-2035)
- Crude Palm Oil
- Palm Kernel Oil
- RBD Palm Oil
- Fractionated Palm Oil
- Global Palm Oil End Use Outlook (Revenue, USD Million, 2018-2035)
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Global Palm Oil Nature Outlook (Revenue, USD Million, 2018-2035)
- Conventional
- Organic
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Our clientele includes a mix of palm oil market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global palm oil market , including forecasts for subscribers. This global databook contains high-level insights into Global palm oil market from 2018 to 2035, including revenue numbers, major trends, and company profiles.
Partial client list
Global palm oil market size, by regions, 2018-2035 (US$M)
Top 10 countries: Palm oil market size, 2024 (US$M)
Global palm oil market share, by product, 2024 & 2035 (%, US$M)
Palm oil market: Opportunity assessment by country
Global palm oil market, by region, 2024 (US$M)
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