Palm Oil Market Size, Share & Trends Analysis Report By Nature (Organic, Conventional), By Product (Fractionated Palm Oil, Crude Palm Oil), By End-use (Pharmaceuticals, Biofuel & Energy), By Region, And Segment Forecasts, 2024 - 2030
- Report ID: 978-1-68038-462-8
- Number of Report Pages: 106
- Format: PDF, Horizon Databook
- Historical Range: 2018 - 2022
- Forecast Period: 2023 - 2030
- Industry: Specialty & Chemicals
Market Segmentation
- Palm Oil Nature Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)
- Organic
- Conventional
- Palm Oil Product Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Palm Oil End-use Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Palm Oil Regional Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)
- North America
- North America Palm Oil Market, by Nature
- Organic
- Conventional
- North America Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- North America Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- U.S.
- U.S. Palm Oil Market, by Nature
- Organic
- Conventional
- U.S. Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- U.S. Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- U.S. Palm Oil Market, by Nature
- Mexico
- Mexico Palm Oil Market, by Nature
- Organic
- Conventional
- Mexico Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Mexico Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Mexico Palm Oil Market, by Nature
- Canada
- Canada Palm Oil Market, by Nature
- Organic
- Conventional
- Canada Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Canada Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Canada Palm Oil Market, by Nature
- North America Palm Oil Market, by Nature
- Europe
- Europe Palm Oil Market, by Nature
- Organic
- Conventional
- Europe Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Europe Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Germany
- Germany Palm Oil Market, by Nature
- Organic
- Conventional
- Germany Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Germany Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Germany Palm Oil Market, by Nature
- UK
- UK Palm Oil Market, by Nature
- Organic
- Conventional
- UK Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- UK Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- UK Palm Oil Market, by Nature
- France
- France Palm Oil Market, by Nature
- Organic
- Conventional
- France Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- France Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- France Palm Oil Market, by Nature
- Spain
- Spain Palm Oil Market, by Nature
- Organic
- Conventional
- Spain Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Spain Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Spain Palm Oil Market, by Nature
- Italy
- Italy Palm Oil Market, by Nature
- Organic
- Conventional
- Italy Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Italy Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Italy Palm Oil Market, by Nature
- Russia
- Russia Palm Oil Market, by Nature
- Organic
- Conventional
- Russia Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Russia Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Russia Palm Oil Market, by Nature
- Europe Palm Oil Market, by Nature
- Asia Pacific
- Asia Pacific Palm Oil Market, by Nature
- Organic
- Conventional
- Asia Pacific Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Asia Pacific Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- China
- China Palm Oil Market, by Nature
- Organic
- Conventional
- China Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- China Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- China Palm Oil Market, by Nature
- India
- India Palm Oil Market, by Nature
- Organic
- Conventional
- India Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- India Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- India Palm Oil Market, by Nature
- Japan
- Japan Palm Oil Market, by Nature
- Organic
- Conventional
- Japan Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Japan Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Japan Palm Oil Market, by Nature
- South Korea
- South Korea Palm Oil Market, by Nature
- Organic
- Conventional
- South Korea Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- South Korea Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- South Korea Palm Oil Market, by Nature
- Malaysia
- Malaysia Palm Oil Market, by Nature
- Organic
- Conventional
- Malaysia Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Malaysia Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Malaysia Palm Oil Market, by Nature
- Indonesia
- Indonesia Palm Oil Market, by Nature
- Organic
- Conventional
- Indonesia Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Indonesia Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Indonesia Palm Oil Market, by Nature
- Asia Pacific Palm Oil Market, by Nature
- Central & South America
- Central & South America Palm Oil Market, by Nature
- Organic
- Conventional
- Central & South America Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Central & South America Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Brazil
- Brazil Palm Oil Market, by Nature
- Organic
- Conventional
- Brazil Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Brazil Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Brazil Palm Oil Market, by Nature
- Argentina
- Argentina Palm Oil Market, by Nature
- Organic
- Conventional
- Argentina Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Argentina Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Argentina Palm Oil Market, by Nature
- Colombia
- Colombia Palm Oil Market, by Nature
- Organic
- Conventional
- Colombia Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Colombia Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Colombia Palm Oil Market, by Nature
- Central & South America Palm Oil Market, by Nature
- Middle East & Africa
- Middle East & Africa Palm Oil Market, by Nature
- Organic
- Conventional
- Middle East & Africa Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Middle East & Africa Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- South Africa
- South Africa Palm Oil Market, by Nature
- Organic
- Conventional
- South Africa Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- South Africa Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- South Africa Palm Oil Market, by Nature
- Saudi Arabia
- Saudi Arabia Palm Oil Market, by Nature
- Organic
- Conventional
- Saudi Arabia Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Saudi Arabia Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Saudi Arabia Palm Oil Market, by Nature
- Turkey
- Turkey Palm Oil Market, by Nature
- Organic
- Conventional
- Turkey Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Turkey Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Turkey Palm Oil Market, by Nature
- UAE
- UAE Palm Oil Market, by Nature
- Organic
- Conventional
- UAE Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- UAE Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- UAE Palm Oil Market, by Nature
- Oman
- Oman Palm Oil Market, by Nature
- Organic
- Conventional
- Oman Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Oman Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Oman Palm Oil Market, by Nature
- Yemen
- Yemen Palm Oil Market, by Nature
- Organic
- Conventional
- Yemen Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Yemen Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Yemen Palm Oil Market, by Nature
- Kenya
- Kenya Palm Oil Market, by Nature
- Organic
- Conventional
- Kenya Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Kenya Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Kenya Palm Oil Market, by Nature
- Nigeria
- Nigeria Palm Oil Market, by Nature
- Organic
- Conventional
- Nigeria Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Nigeria Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Nigeria Palm Oil Market, by Nature
- Ghana
- Ghana Palm Oil Market, by Nature
- Organic
- Conventional
- Ghana Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Ghana Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Ghana Palm Oil Market, by Nature
- Egypt
- Egypt Palm Oil Market, by Nature
- Organic
- Conventional
- Egypt Palm Oil Market, by Product
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Egypt Palm Oil Market, by End Use
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Egypt Palm Oil Market, by Nature
- Middle East & Africa Palm Oil Market, by Nature
- North America
Palm Oil Market Dynamics
Driver: Increasing Utilization Of Palm Oil In Food Applications
Oils derived from soybean, palm, corn, cottonseed, sunflower, coconut, canola, and olive are considered edible oils. Among these, palm and soybean oils account for a major share in terms of consumption. The choice of edible oil for a particular application and consumption depends on the cost of the oil and the fatty acid profile, which indicates the benefits and features of the oil. The demand for palm oil is anticipated to register growth over the forecast period owing to the growing consumption of palm oil as a raw material for edible oils coupled with its increasing utilization in food applications.
Edible oil is an important component of food products consumed in developed economies of Asia Pacific and Central & South America, especially Brazil, India, and China. These countries are prominent importers of palm oil from Indonesia and Malaysia. Population growth and changing lifestyles have led to increasing demand for palm oil from the food industry. Edible oils are versatile and used as a constituent in various products including mayonnaise, fried foods, shortenings, margarine, biofuels, and pharmaceuticals.
Restraint: Environmental and Sustainability Concerns
Industrial palm oil plantation needs large clearance areas and usually involve extensive deforestation and expropriation of land. The development of such large plantations is also related to biodiversity loss, land tenure conflicts, and issues concerning local land ownership. These lands have little value in terms of biodiversity or environmental risks. The concerned governments take due diligence before allotting the said land and farmers are mandated to sell their entire production of fresh fruit bunches (FFB) at pre-determined prices.
The palm oil market faces adverse effects owing to limited land availability for expanding palm areas along with fertilizer cost, sustainability concerns, weather variability (short-term and long-term effects of climate change-related), labor availability, and a high amount of saturated fats. Furthermore, greenhouse gas (GHG) emission is a key sustainability issue related to palm oil production. According to the Palm Oil Action Group, palm oil is a key contributor to global warming as the soil releases a high amount of methane, which has a global warming impact of over 23 times as compared to carbon dioxide. However, advanced technologies used in palm oil production are estimated to reduce 80% of GHG emissions.
What Does This Report Include?
This section will provide insights into the contents included in this palm oil market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Palm oil market qualitative analysis
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Industry overview
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Industry trends
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Market drivers and restraints
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Market size
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Growth prospects
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Porter’s analysis
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PESTEL analysis
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Key market opportunities prioritized
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Competitive landscape
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Company overview
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Financial performance
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Product benchmarking
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Latest strategic developments
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Palm oil market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance
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