Palm Oil Market

Palm Oil Market by Product Type (Processed, Virgin), by End User (Foodservices, Food Processors, Retail), by Distribution Channel (Modern Trade Channels, Franchise Outlets, Specialty Stores, Online Channels), & Regional Analysis till 2032

Analysis of Palm Oil market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Palm Oil Market Outlook (2022 to 2032)

The global palm oil market is anticipated to secure US$ 34.33 Billion in 2022. During the forecast period of 2022 to 2032, the market for palm oil is expected to display a CAGR of 4.04% while securing US$ 51 Billion.

The development of the market can be attributed to the expansion of the food processing sector and the rising population across developing markets.

Report Attributes Details
Anticipated Base Year Value (2021) US$ 33 Billion
Expected Market Value (2022) US$ 34.33 Billion
Projected Forecast Value (2032) US$ 51 Billion
Global Growth Rate (2022 to 2032) 4.04%
Palm Oil Providers American Vegetable Oils; Cargill Foods Inc.; Grief Inc.; Fuji Oil Holdings; Bunge Limited.; Associated British Foods; Ruchi Soya Industries

Palm oil is a vegetable oil extracted from the reddish pulp or mesocarp of fruits of oil palm trees. The oil experienced significant demand for food applications progress of the market, and a notable increase in palm oil uptake in industrial applications has also been observed, making the market more dynamic.

Palm oil represents a major ingredient in almost 50% of all food and non-food items in a grocery store or supermarket owing to its technical superiority and economic benefits.

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2017 to 2021 Revenue Analysis of Palm Oil Market vs. Future Outlook 2022 to 2032

From 2017 to 21, the global palm oil market is expected to display a CAGR of 3.9%. The expansion of the market can be attributed to the benefits offered such as preventing premature aging, boosting energy levels, enhancing eye vision, and lessening the risk of heart and cancer diseases.

The growing awareness about such health benefits among consumers is one of the major factors supporting the market expansion. Furthermore, the expanding food industry is developing the product demand as it is extensively used for frying and is a key ingredient in the preparation of healthy food. Attributed to such factors, the market for palm oil is anticipated to have shown growth opportunities during the aforementioned time period.

During the forecast period of 2022 to 2032, the global palm oil market is projected to expand at a CAGR of 4.04%. The development of the market can be attributed to the expanding food and beverage sector. The growing consumers demand for high-quality products is met by transparency which is expected to favor the market growth during the forecast period.

The rising demand for packaged meals is likely to benefit the market substantially. For instance, Oleo-fats Incorporated, a Philippines-based company, offers a broad range of edible oils for industrial purposes. To provide consumers with various options, the organization focuses on product development and innovation. Such factors are expected to benefit the market during the forecast period.

Major Factors Driving the Palm Oil Market Growth

Growing Demand for Convenience Food to stimulate demand for Palm Oil

Increasing demand for packaged food, bakery, and convenience food is expected to drive the demand for palm oil during the forecast period. Cakes, snacks, and pastries are gaining significant traction among consumers across the globe owing to their delicious flavors. The application of palm oil is rising for the production of such packaged foods.

Consumption of packaged food and convenience food has risen as a result of the unstable and modern lifestyle. The oil is witnessing a significant demand as it provides a distinctive taste to the food and also offers longer shelf to products.

In addition, various initiatives to expand the application is expected to benefit the industry in the forecast period. For instance, in August 2021, Malaysian tech firm DiBiz launched the world's first online marketplace for sustainable palm oil to encourage sales of products certified as environmentally compliant as buyers have avoided the more expensive goods.

The trading platform, known as Trustparent Marketplace, will link palm oil buyers and sellers across the supply chain and has additional measures for traceability to assure the industry's commitment to "No Deforestation, No Peat and No Exploitation". Such factors are projected to augment the market size in the forecast period.

Growing Initiatives by Governments to Favor the Palm Oil Market

Emerging nations are expected to make a significant contribution to developing the market during the forecast period. Developing countries like India, China, and Japan are likely to make notable contributions.

In August 2021, the Indian Prime Minister Shri Narendra Modi gave his approval to launch a new Mission on Oil palm to be known as the National Mission on Edible Oils – Oil Palm (NMEO-OP) as a new Centrally Sponsored Scheme with a special focus on the Northeast region and the Andaman and Nicobar Islands.

The scheme aims to benefit oil palm farmers, enhance capital investment, and create job opportunities. Such factors are expected to offer significant opportunities for growth in the forecast period.

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Factors Hampering the Global Palm Oil Market Growth

High Price Volatility to Hamper the Palm Oil Market

The growth of the palm oil market is projected to be hampered by high price volatility and the presence of various substitutes. Further, environmental concerns such as deforestation is another salient factor that is likely to hinder the market growth in the assessment period.

On the other hand, the advent of the palm biodiesel variant is projected to counter the hampering factors and favor market growth during the forecast period.

Comparative View of Palm Oil Market

Palm Oil Market :

Attributes Palm Oil Market
CAGR (2022 to 2032) 4.04%
Market Value (2032) US$ 51 Billion
Growth Factor Increasing demand for packaged food, bakery, and convenience food is expected to drive the demand for palm oil during the forecast period.
Opportunity Increasing favorable initiatives by developing countries are projected to offer significant growth opportunities to the market during the forecast period.

Algal Oil Market :

Attributes Algal Oil Market
CAGR (2022 to 2032) 4.7%
Market Value (2032) US$ 3.1 Billion
Growth Factor The growing application of algal oil in the food and beverage sector and growing inclination towards organic food products are expected to benefit the algal oil market during the forecast period.
Opportunity Growing health consciousness along with rising environmental concerns are expected to offer significant growth opportunities in the market during the forecast period.

Cottonseed Oil Market :

Attributes Cottonseed Oil Market
CAGR (2022 to 2032) 4%
Market Value (2032) US$ 7 Billion
Growth Factor The cottonseed oil aid in reducing the risk of abnormal heartbeats or arrhythmias, which is projected to benefit the global palm oil market during the forecast period.
Opportunity Increasing demand for cottonseed oil in moisturizers, anti-aging, and anti-inflammatory products is expected to offer significant growth opportunities during the forecast period.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Segmentation Analysis

By End User, which Category is expected to generate Maximum Demand for Palm Oil?

Demand to emerge the strongest across the Foodservice Category

The foodservice category is expected to dominate the global palm oil market during the forecast period. In 2022, the segment is anticipated to secure about 65% of the global market revenue. The domination of the segment can be attributed to the rapid expansion of the food and beverage sector.

Furthermore, the growing usage of the product end-use applications of the sector and expanding product portfolio that demand palm oil as a raw material are expected to be other salient factors contributing to the segmental growth.

Regional Analysis

How is Increasing Demand for Vegetable Oil Affecting the Palm Oil Market in North America?

As per the analysis, the global palm market is anticipated to be dominated by North America. In 2021, the region is projected to have secured US$ 12 Billion, claiming 27% of the global revenue. The U.S is anticipated to make the maximum contribution in developing the market during the forecast period.

The rapid development of the market can be attributed to the growing preference for consuming vegetable oils. The region possesses a lot of untapped market opportunities, which is likely to present growth scope to the region in the coming time.

How is Expanding Food and Beverage Sector Benefitting the Palm Oil Market in the Asia Pacific?

As per the analysis, the palm oil market across the Asia Pacific is expected to grow at a CAGR of 7% from 2022 to 2032. The rapid development of the regional market can be attributed to the rising consumption of oil among the expanding population as well as the high demand from the end-use sectors such as food and beverage. The rapid rise in population, changing demographic trends, and diverse food applications in China and India are other salient factors driving the industry growth in the forecast period.

The product offers significant income opportunities in countries like Malaysia and Indonesia which are known producers of the product. Income from this business has helped nations in the production of palm oil to develop and advance. SMEs in these nations are solely dependent on this revenue from this oil for their livelihood. Thus, the region is projected to expand notably in the coming time.

What is the Contribution of Europe in Strengthening the Palm Oil Market?

The palm oil market in Europe is projected to display a CAGR of 4% during the forecast period. Countries such as the Netherlands, Spain, Germany, and Italy are projected to make the maximum contribution to developing the market. Other factors favoring market growth are the increasing demand for packaged food and the expansion of the food and beverage sector.

Competition Analysis

Key players in the global palm oil industry include American Vegetable Oils, Cargill Foods Inc., Grief Inc., Fuji Oil Holdings, Bunge Limited., Associated British Foods, and Ruchi Soya Industries.

Recent Development in the Market :

  • In May 2022, Ruchi Soya announced the acquisition of Patanjali’s food retail business. The initiative aims to acquire Patanjali’s food retail business undertaking which comprises packaging, manufacturing, labeling, and retail trading of certain food products along with manufacturing plants located in various parts of India.
  • In January 2021, Cargill Inc. announced the acquisition of ProPortion Foods. With the initiative, Cargill gained two further-processed protein plants in Round Rock, Texas, and Vernon, California. The Round Rock and Vernon facilities will deliver a variety of quality, fully-cooked protein products for Cargill’s retail and food service channel customers.

Key Segments Covered in the Palm Oil Market Study

  • By Product Type :

    • Processed Palm Oil
    • Virgin Palm Oil
  • By End User :

    • Foodservices
    • Food Processors
    • Retail
  • By Distribution Channel :

    • Modern Trade Channels
    • Franchise Outlets
    • Specialty Stores
    • Online Channels
  • By Region :

    • North America
    • Latin America
    • Europe
    • Japan
    • APEJ
    • Middle East & Africa

Table of Content

  • 1. Global Market - Executive Summary
  • 2. Global Market Overview
  • 3. Global Market Analysis and Forecast by Product Type
    • 3.1. Processed
    • 3.2. Virgin
  • 4. Global Market Analysis and Forecast by End User
    • 4.1. Foodservice
    • 4.2. Food Processor
    • 4.3. Retail
  • 5. Global Market Analysis and Forecast by Distribution Channel
    • 5.1. Modern Trade
    • 5.2. Franchise Outlets
    • 5.3. Specialty Stores
    • 5.4. Online
  • 6. Global Market Analysis and Forecast by Region
    • 6.1. North America
    • 6.2. Latin America
    • 6.3. Europe
    • 6.4. Japan
    • 6.5. APEJ
    • 6.6. MEA
  • 7. North America Market Analysis and Forecast, By Country, 2017 to 2032
  • 8. Latin America Market Analysis and Forecast, By Country, 2017 to 2032
  • 9. Europe Market Analysis and Forecast, By Country, 2017 to 2032
  • 10. Japan Market Analysis and Forecast, By Country, 2017 to 2032
  • 11. APEJ Market Analysis and Forecast, By Country, 2017 to 2032
  • 12. MEA Market Analysis and Forecast, By Country, 2017 to 2032
  • 13. Global Market Company Profiles and Revenue Projections
    • 13.1. Cargill Inc.
    • 13.2. American Vegetable Oils, Inc.
    • 13.3. Grief Inc. (Olympic Oils Limited)
    • 13.4. Bunge Limited
    • 13.5. Fuji Oil Holdings Inc.
    • 13.6. Ruchi Soya Industries Limited
    • 13.7. Associated British Foods plc
  • 14. Research Methodology
  • 15. Secondary and Primary Sources
  • 16. Assumptions and Acronyms
  • 17. Disclaimer

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List Of Table

TABLE 01: Global Market Value (US$ Mn), 2017 to 2021

TABLE 02: Global Market Value (US$ Mn), 2022 to 2032

TABLE 03: Global Market Value (US$ Mn) and Y-o-Y, 2022 to 2032

TABLE 04: Global Processed Segment Value (US$ Mn), By Region 2017 to 2021

TABLE 05: Global Processed Segment Value (US$ Mn), By Region 2022 to 2032

TABLE 06: Global Processed Segment Market Share, By Region 2017 to 2021

TABLE 07: Global Processed Segment Market Share, By Region 2022 to 2032

TABLE 08: Global Processed Segment Y-o-Y, By Region 2022 to 2032

TABLE 09: Global Virgin Segment Value (US$ Mn), By Region 2017 to 2021

TABLE 10: Global Virgin Segment Value (US$ Mn), By Region 2022 to 2032

TABLE 11: Global Virgin Segment Market Share, By Region 2017 to 2021

TABLE 12: Global Virgin Segment Market Share, By Region 2022 to 2032

TABLE 13: Global Virgin Segment Y-o-Y, By Region 2022 to 2032

TABLE 14: Global Foodservice Segment Value (US$ Mn), By Region 2017 to 2021

TABLE 15: Global Foodservice Segment Value (US$ Mn), By Region 2022 to 2032

TABLE 16: Global Foodservice Segment Market Share, By Region 2017 to 2021

TABLE 17: Global Foodservice Segment Market Share, By Region 2022 to 2032

TABLE 18: Global Foodservice Segment Y-o-Y, By Region 2022 to 2032

TABLE 19: Global Food Processor Segment Value (US$ Mn), By Region 2017 to 2021

TABLE 20: Global Food Processor Segment Value (US$ Mn), By Region 2022 to 2032

TABLE 21: Global Food Processor Segment Market Share, By Region 2017 to 2021

TABLE 22: Global Food Processor Segment Market Share, By Region 2022 to 2032

TABLE 23: Global Food Processor Segment Y-o-Y, By Region 2022 to 2032

TABLE 24: Global Retail Segment Value (US$ Mn), By Region 2017 to 2021

TABLE 25: Global Retail Segment Value (US$ Mn), By Region 2022 to 2032

TABLE 26: Global Retail Segment Market Share, By Region 2017 to 2021

TABLE 27: Global Retail Segment Market Share, By Region 2022 to 2032

TABLE 28: Global Retail Segment Y-o-Y, By Region 2022 to 2032

TABLE 29: Global Modern Trade Segment Value (US$ Mn), By Region 2017 to 2021

TABLE 30: Global Modern Trade Segment Value (US$ Mn), By Region 2022 to 2032

TABLE 31: Global Modern Trade Segment Market Share, By Region 2017 to 2021

TABLE 32: Global Modern Trade Segment Market Share, By Region 2022 to 2032

TABLE 33: Global Modern Trade Segment Y-o-Y, By Region 2022 to 2032

TABLE 34: Global Franchise Outlets Segment Value (US$ Mn), By Region 2017 to 2021

TABLE 35: Global Franchise Outlets Segment Value (US$ Mn), By Region 2022 to 2032

TABLE 36: Global Franchise Outlets Segment Market Share, By Region 2017 to 2021

TABLE 37: Global Franchise Outlets Segment Market Share, By Region 2022 to 2032

TABLE 38: Global Franchise Outlets Segment Y-o-Y, By Region 2022 to 2032

TABLE 39: Global Specialty Stores Segment Value (US$ Mn), By Region 2017 to 2021

TABLE 40: Global Specialty Stores Segment Value (US$ Mn), By Region 2022 to 2032

TABLE 41: Global Specialty Stores Segment Market Share, By Region 2017 to 2021

TABLE 42: Global Specialty Stores Segment Market Share, By Region 2022 to 2032

TABLE 43: Global Specialty Stores Segment Y-o-Y, By Region 2022 to 2032

TABLE 44: Global Online Segment Value (US$ Mn), By Region 2017 to 2021

TABLE 45: Global Online Segment Value (US$ Mn), By Region 2022 to 2032

TABLE 46: Global Online Segment Market Share, By Region 2017 to 2021

TABLE 47: Global Online Segment Market Share, By Region 2022 to 2032

TABLE 48: Global Online Segment Y-o-Y, By Region 2022 to 2032

TABLE 49: North America Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 50: North America Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 51: North America Market Value (US$ Mn), By End User 2017 to 2021

TABLE 52: North America Market Value (US$ Mn), By End User 2022 to 2032

TABLE 53: North America Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 54: North America Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 55: Latin America Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 56: Latin America Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 57: Latin America Market Value (US$ Mn), By End User 2017 to 2021

TABLE 58: Latin America Market Value (US$ Mn), By End User 2022 to 2032

TABLE 59: Latin America Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 60: Latin America Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 61: Europe Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 62: Europe Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 63: Europe Market Value (US$ Mn), By End User 2017 to 2021

TABLE 64: Europe Market Value (US$ Mn), By End User 2022 to 2032

TABLE 65: Europe Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 66: Europe Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 67: Japan Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 68: Japan Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 69: Japan Market Value (US$ Mn), By End User 2017 to 2021

TABLE 70: Japan Market Value (US$ Mn), By End User 2022 to 2032

TABLE 71: Japan Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 72: Japan Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 73: APEJ Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 74: APEJ Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 75: APEJ Market Value (US$ Mn), By End User 2017 to 2021

TABLE 76: APEJ Market Value (US$ Mn), By End User 2022 to 2032

TABLE 77: APEJ Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 78: APEJ Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 79: MEA Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 80: MEA Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 81: MEA Market Value (US$ Mn), By End User 2017 to 2021

TABLE 82: MEA Market Value (US$ Mn), By End User 2022 to 2032

TABLE 83: MEA Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 84: MEA Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 85: US Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 86: US Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 87: US Market Value (US$ Mn), By End User 2017 to 2021

TABLE 88: US Market Value (US$ Mn), By End User 2022 to 2032

TABLE 89: US Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 90: US Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 91: Canada Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 92: Canada Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 93: Canada Market Value (US$ Mn), By End User 2017 to 2021

TABLE 94: Canada Market Value (US$ Mn), By End User 2022 to 2032

TABLE 95: Canada Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 96: Canada Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 97: Brazil Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 98: Brazil Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 99: Brazil Market Value (US$ Mn), By End User 2017 to 2021

TABLE 100: Brazil Market Value (US$ Mn), By End User 2022 to 2032

TABLE 101: Brazil Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 102: Brazil Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 103: Mexico Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 104: Mexico Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 105: Mexico Market Value (US$ Mn), By End User 2017 to 2021

TABLE 106: Mexico Market Value (US$ Mn), By End User 2022 to 2032

TABLE 107: Mexico Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 108: Mexico Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 109: Argentina Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 110: Argentina Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 111: Argentina Market Value (US$ Mn), By End User 2017 to 2021

TABLE 112: Argentina Market Value (US$ Mn), By End User 2022 to 2032

TABLE 113: Argentina Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 114: Argentina Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 115: Germany Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 116: Germany Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 117: Germany Market Value (US$ Mn), By End User 2017 to 2021

TABLE 118: Germany Market Value (US$ Mn), By End User 2022 to 2032

TABLE 119: Germany Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 120: Germany Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 121: UK Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 122: UK Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 123: UK Market Value (US$ Mn), By End User 2017 to 2021

TABLE 124: UK Market Value (US$ Mn), By End User 2022 to 2032

TABLE 125: UK Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 126: UK Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 127: France Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 128: France Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 129: France Market Value (US$ Mn), By End User 2017 to 2021

TABLE 130: France Market Value (US$ Mn), By End User 2022 to 2032

TABLE 131: France Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 132: France Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 133: Spain Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 134: Spain Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 135: Spain Market Value (US$ Mn), By End User 2017 to 2021

TABLE 136: Spain Market Value (US$ Mn), By End User 2022 to 2032

TABLE 137: Spain Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 138: Spain Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 139: Italy Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 140: Italy Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 141: Italy Market Value (US$ Mn), By End User 2017 to 2021

TABLE 142: Italy Market Value (US$ Mn), By End User 2022 to 2032

TABLE 143: Italy Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 144: Italy Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 145: Nordic Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 146: Nordic Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 147: Nordic Market Value (US$ Mn), By End User 2017 to 2021

TABLE 148: Nordic Market Value (US$ Mn), By End User 2022 to 2032

TABLE 149: Nordic Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 150: Nordic Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 151: Japan Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 152: Japan Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 153: Japan Market Value (US$ Mn), By End User 2017 to 2021

TABLE 154: Japan Market Value (US$ Mn), By End User 2022 to 2032

TABLE 155: Japan Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 156: Japan Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 157: China Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 158: China Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 159: China Market Value (US$ Mn), By End User 2017 to 2021

TABLE 160: China Market Value (US$ Mn), By End User 2022 to 2032

TABLE 161: China Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 162: China Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 163: India Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 164: India Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 165: India Market Value (US$ Mn), By End User 2017 to 2021

TABLE 166: India Market Value (US$ Mn), By End User 2022 to 2032

TABLE 167: India Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 168: India Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 169: Malaysia Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 170: Malaysia Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 171: Malaysia Market Value (US$ Mn), By End User 2017 to 2021

TABLE 172: Malaysia Market Value (US$ Mn), By End User 2022 to 2032

TABLE 173: Malaysia Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 174: Malaysia Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 175: Thailand Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 176: Thailand Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 177: Thailand Market Value (US$ Mn), By End User 2017 to 2021

TABLE 178: Thailand Market Value (US$ Mn), By End User 2022 to 2032

TABLE 179: Thailand Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 180: Thailand Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 181: Singapore Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 182: Singapore Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 183: Singapore Market Value (US$ Mn), By End User 2017 to 2021

TABLE 184: Singapore Market Value (US$ Mn), By End User 2022 to 2032

TABLE 185: Singapore Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 186: Singapore Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 187: Australia Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 188: Australia Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 189: Australia Market Value (US$ Mn), By End User 2017 to 2021

TABLE 190: Australia Market Value (US$ Mn), By End User 2022 to 2032

TABLE 191: Australia Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 192: Australia Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 193: GCC Countries Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 194: GCC Countries Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 195: GCC Countries Market Value (US$ Mn), By End User 2017 to 2021

TABLE 196: GCC Countries Market Value (US$ Mn), By End User 2022 to 2032

TABLE 197: GCC Countries Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 198: GCC Countries Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 199: South Africa Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 200: South Africa Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 201: South Africa Market Value (US$ Mn), By End User 2017 to 2021

TABLE 202: South Africa Market Value (US$ Mn), By End User 2022 to 2032

TABLE 203: South Africa Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 204: South Africa Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 205: Nigeria Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 206: Nigeria Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 207: Nigeria Market Value (US$ Mn), By End User 2017 to 2021

TABLE 208: Nigeria Market Value (US$ Mn), By End User 2022 to 2032

TABLE 209: Nigeria Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 210: Nigeria Market Value (US$ Mn), By Distribution Channel 2022 to 2032

TABLE 211: Israel Market Value (US$ Mn), By Product Type 2017 to 2021

TABLE 212: Israel Market Value (US$ Mn), By Product Type 2022 to 2032

TABLE 213: Israel Market Value (US$ Mn), By End User 2017 to 2021

TABLE 214: Israel Market Value (US$ Mn), By End User 2022 to 2032

TABLE 215: Israel Market Value (US$ Mn), By Distribution Channel 2017 to 2021

TABLE 216: Israel Market Value (US$ Mn), By Distribution Channel 2022 to 2032

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List Of Figures

FIG. 01: Global Market Value (US$ Mn), 2017 to 2021

FIG. 02: Global Market Value (US$ Mn) Forecast, 2022 to 2032

FIG. 03: Global Market Value (US$ Mn) and Y-o-Y, 2022 to 2032

FIG. 04: Global Processed Segment Market Value (US$ Mn) By Region, 2017 to 2021

FIG. 05: Global Processed Segment Market Value (US$ Mn) By Region, 2022 to 2032

FIG. 06: Global Processed Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

FIG. 07: Global Virgin Segment Market Value (US$ Mn) By Region, 2017 to 2021

FIG. 08: Global Virgin Segment Market Value (US$ Mn) By Region, 2022 to 2032

FIG. 09: Global Virgin Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

FIG. 10: Global Foodservice Segment Market Value (US$ Mn) By Region, 2017 to 2021

FIG. 11: Global Foodservice Segment Market Value (US$ Mn) By Region, 2022 to 2032

FIG. 12: Global Foodservice Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

FIG. 13: Global Food Processor Segment Market Value (US$ Mn) By Region, 2017 to 2021

FIG. 14: Global Food Processor Segment Market Value (US$ Mn) By Region, 2022 to 2032

FIG. 15: Global Food Processor Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

FIG. 16: Global Retail Segment Market Value (US$ Mn) By Region, 2017 to 2021

FIG. 17: Global Retail Segment Market Value (US$ Mn) By Region, 2022 to 2032

FIG. 18: Global Retail Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

FIG. 19: Global Modern Trade Segment Market Value (US$ Mn) By Region, 2017 to 2021

FIG. 20: Global Modern Trade Segment Market Value (US$ Mn) By Region, 2022 to 2032

FIG. 21: Global Modern Trade Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

FIG. 22: Global Franchise Outlets Segment Market Value (US$ Mn) By Region, 2017 to 2021

FIG. 23: Global Franchise Outlets Segment Market Value (US$ Mn) By Region, 2022 to 2032

FIG. 24: Global Franchise Outlets Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

FIG. 25: Global Specialty Stores Segment Market Value (US$ Mn) By Region, 2017 to 2021

FIG. 26: Global Specialty Stores Segment Market Value (US$ Mn) By Region, 2022 to 2032

FIG. 27: Global Specialty Stores Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

FIG. 28: Global Online Segment Market Value (US$ Mn) By Region, 2017 to 2021

FIG. 29: Global Online Segment Market Value (US$ Mn) By Region, 2022 to 2032

FIG. 30: Global Online Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

FIG. 31: North America Market Value (US$ Mn), By Product Type 2017 to 2021

FIG. 32: North America Market Value (US$ Mn), By Product Type 2022 to 2032

FIG. 33: North America Market Value (US$ Mn), By End User 2017 to 2021

FIG. 34: North America Market Value (US$ Mn), By End User 2022 to 2032

FIG. 35: North America Market Value (US$ Mn), By Distribution Channel 2017 to 2021

FIG. 36: North America Market Value (US$ Mn), By Distribution Channel 2022 to 2032

FIG. 37: Latin America Market Value (US$ Mn), By Product Type 2017 to 2021

FIG. 38: Latin America Market Value (US$ Mn), By Product Type 2022 to 2032

FIG. 39: Latin America Market Value (US$ Mn), By End User 2017 to 2021

FIG. 40: Latin America Market Value (US$ Mn), By End User 2022 to 2032

FIG. 41: Latin America Market Value (US$ Mn), By Distribution Channel 2017 to 2021

FIG. 42: Latin America Market Value (US$ Mn), By Distribution Channel 2022 to 2032

FIG. 43: Europe Market Value (US$ Mn), By Product Type 2017 to 2021

FIG. 44: Europe Market Value (US$ Mn), By Product Type 2022 to 2032

FIG. 45: Europe Market Value (US$ Mn), By End User 2017 to 2021

FIG. 46: Europe Market Value (US$ Mn), By End User 2022 to 2032

FIG. 47: Europe Market Value (US$ Mn), By Distribution Channel 2017 to 2021

FIG. 48: Europe Market Value (US$ Mn), By Distribution Channel 2022 to 2032

FIG. 49: Japan Market Value (US$ Mn), By Product Type 2017 to 2021

FIG. 50: Japan Market Value (US$ Mn), By Product Type 2022 to 2032

FIG. 51: Japan Market Value (US$ Mn), By End User 2017 to 2021

FIG. 52: Japan Market Value (US$ Mn), By End User 2022 to 2032

FIG. 53: Japan Market Value (US$ Mn), By Distribution Channel 2017 to 2021

FIG. 54: Japan Market Value (US$ Mn), By Distribution Channel 2022 to 2032

FIG. 55: APEJ Market Value (US$ Mn), By Product Type 2017 to 2021

FIG. 56: APEJ Market Value (US$ Mn), By Product Type 2022 to 2032

FIG. 57: APEJ Market Value (US$ Mn), By End User 2017 to 2021

FIG. 58: APEJ Market Value (US$ Mn), By End User 2022 to 2032

FIG. 59: APEJ Market Value (US$ Mn), By Distribution Channel 2017 to 2021

FIG. 60: APEJ Market Value (US$ Mn), By Distribution Channel 2022 to 2032

FIG. 61: MEA Market Value (US$ Mn), By Product Type 2017 to 2021

FIG. 62: MEA Market Value (US$ Mn), By Product Type 2022 to 2032

FIG. 63: MEA Market Value (US$ Mn), By End User 2017 to 2021

FIG. 64: MEA Market Value (US$ Mn), By End User 2022 to 2032

FIG. 65: MEA Market Value (US$ Mn), By Distribution Channel 2017 to 2021

FIG. 66: MEA Market Value (US$ Mn), By Distribution Channel 2022 to 2032

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- FAQs -

At What CAGR is the global palm oil market expected to grow during from 2022 to 2032?

The global palm oil market is projected to display a CAGR of 4.04% during the forecast period.

What is the expected value of the palm oil market in 2022?

The global palm oil market is anticipated to hold a value worth US$ 34.33 Billion in 2022.

What is the projected value of the palm oil market by 2032?

The global palm oil market is anticipated to hold a value worth US$ 51 Billion in 2032.

How will growth prospects for palm oil appear across the Asia Pacific until 2032?

The palm oil market in the Asia Pacific is anticipated to display a CAGR of 7% during the forecast period.

What is the anticipated value of the North American palm oil market in 2022?

The palm oil market in North America is expected to have secured US$ 12 Billion, claiming 27% of global revenues.

Which are the prominent players in the global palm oil market?

American Vegetable Oils, Cargill Foods Inc., Grief Inc., Fuji Oil Holdings, and Bunge Limited are some of the eminent players in the global palm oil market.

What was the value of the palm oil market in 2021?

The global palm oil market is expected to have secured US$ 33 Billion in 2021.

Palm Oil Market

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