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Palm Oil Market: Huge Growth Opportunities, Trends And Forecast To 2022

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James Butler
Palm Oil Market: Huge Growth Opportunities, Trends And Forecast To 2022

The global Palm Oil Market is estimated to witness a positive growth during the forecast period owing to its growing demand from countries like India, Indonesia, China, and Thailand. Palm oil is a versatile raw material for food and medicines. It is affordable vegetable oil and is highly adapted for its low-fat nutrient content.

The expanding energy, food, health, and other industries are driving the growth. However, large deforestation has posed to be a major setback for the industry’s futuristic progression. Manufacturers are undertaking sustainable production techniques to combat such threats. Sustainable palm oil aims to balance amongst conservation of the community needs, environment, viability, and economic benefit. The industry products for edible use is anticipated to rise at a steady pace owing to an increase in per capita consumption, population growth, and a shifting consumer base away from saturated animal fats.

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In November 2013, a collaboration between a group of NGOs and palm oil manufacturers launched the POIG (Palm Oil Innovation Group), which was aimed to disrupt the link between palm oil production and rapid deforestation. It is a multi-stakeholder program that engages buyers from retail and manufacturing sectors. The initiative aims to influence the palm oil market demand for responsibly manufactured palm oil from POIG verified companies. In November 2015, Ferrero became a POIG member with a commitment to becoming 100% RSPO, Carbon Certification (ISCC), and International Sustainability verified.

Some of the major players operating in the palm oil market consist of United Palm Oil Industry Public Company Limited, Cargill Inc., Wilmar International, and Golden Agri-Resources among others. Indonesia, Africa, and Malaysia produce 85 % of overall palm oil and these regions hold a major section of the market revenue generated. This industry is also generating employment opportunities for a substantial demographic sector. Over the past few years, 590,000 workers were labored in Malaysia and it contributed to lifting up millions of Malaysians out of poverty.

Market Segment:

Global Palm Oil Derivatives Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)
• Crude Palm Oil
• Palm Kernel Oil
• Palm Kernel Cake
• Others

Global Palm Oil Application Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)
• Electrical & Electronics
• Automotive & Transportation
• Industrial Machinery
• Consumer Goods
• Construction
• Others

Global Palm Oil Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)
• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Middle East & Africa
• Central & South America

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Table of Contents

Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research Scope & Assumptions
1.3 List of data sources

Chapter 2 Executive Summary
2.1 Palm Oil and Derivatives - Industry Summary & Key Buying Criteria, 2012 - 2022
2.2 Global palm oil and derivatives market estimates & forecasts, 2012 - 2022
2.2.1 Global palm oil and derivatives market estimates & forecasts by region, 2012 - 2022
2.2.2 Global palm oil and derivatives market estimates & forecasts by product, 2012 - 2022
2.2.3 Global palm oil and derivatives market estimates & forecasts by application, 2012 - 2022

Chapter 3 Palm Oil Derivatives Industry Outlook
3.1 Palm oil derivatives market segmentation
3.2 Palm oil and derivatives market size and growth prospects, 2012 - 2022
3.3 Palm oil derivatives value chain analysis
3.3.1 Vendor landscape
3.4 Raw material trends
3.5 Regulatory framework
3.6 Palm oil derivatives market dynamics
3.6.1 Market driver analysis
3.6.1.1 Increasing palm oil bio-diesel acceptance
3.6.1.2 Growing health awareness regarding trans-fat consumption
3.6.2 Market restraint analysis
3.6.2.1 Growing environmental concerns
3.7 Key opportunities - prioritized
3.8 Industry Analysis - Porter’s
3.9 Palm oil derivatives company market share analysis
3.10 Palm oil derivatives market PESTEL analysis

Continued…

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