Palm Oil Market, Global Outlook and Forecast 2023-2029

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.
This report aims to provide a comprehensive presentation of the global market for Palm Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Palm Oil. This report contains market size and forecasts of Palm Oil in global, including the following market information:
Global Palm Oil Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Palm Oil Market Sales, 2018-2023, 2024-2029, (K MT)
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology

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The global Palm Oil market was valued at US$ 51100 million in 2022 and is projected to reach US$ 71790 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Palm Oil key players include Felda Global Ventures, IOI, Sime Darby Berhad, Musim Mas, Astra Agro Lestari, etc. Global top five manufacturers hold a share over 5%.
Southeast Asia is the largest market, with a share over 30%, followed by Middle East & Africa and India, both have a share over 30% percent.
In terms of product, Crude Palm Oil is the largest segment, with a share over 70%. And in terms of application, the largest application is Foods, followed by Bio-Diesel and Surfactants.
We surveyed the Palm Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:
Global Palm Oil Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Palm Oil Market Segment Percentages, by Type, 2022 (%)

Crude Palm Oil
Palm Olein
Global Palm Oil Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Palm Oil Market Segment Percentages, by Application, 2022 (%)

Food Industry
Bio-Diesel
Surfactants
Cosmetics Industry
Others
Global Palm Oil Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Palm Oil Market Segment Percentages, By Region and Country, 2022 (%)

North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:

Key companies Palm Oil revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Palm Oil revenues share in global market, 2022 (%)
Key companies Palm Oil sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Palm Oil sales share in global market, 2022 (%)
key players include:

FGV Holdings Berhad
IOI Group
Sime Darby Berhad
Musim Mas
Astra Agro Lestari
Bumitama Agri
Genting Group
Kuala Lumpur Kepong Berhad (KLK)
Wilmar International
Royal Golden Eagle
Indofood Agri Resources
Golden Agri-Resources
First Resources
Sampoerna Agro
Outline of Major Chapters:
Chapter 1: Introduces the definition of Palm Oil, market overview.
Chapter 2: Global Palm Oil market size in revenue and volume.
Chapter 3: Detailed analysis of Palm Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Palm Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Palm Oil capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Palm Oil Market
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Palm Oil Market

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