Palm Oil Market Size, Share, Opportunities, And Trends By Type (Crude Oil, Refined), By Industry Verticals (Food and Beverage, Personal Care, Energy and Power, Others), By Distribution Channel (Online, Offline), And By Geography - Forecasts From 2025 To 2030

Palm Oil Market Size:

The Palm Oil Market is expected to grow from USD 58.719 billion in 2025 to USD 71.304 billion in 2030, at a CAGR of 3.96%.

Palm Oil Market Trends:

Palm oil can be used both in crude form as well as in refined form. Only one-quarter of the palm oil and palm kernel oil worldwide is used as crude oil. In Southeast Asia, Africa, and parts of Brazil, crude palm oil is widely used for domestic cooking (source: EUROPEAN PALM OIL ALLIANCE). Also, palm oil is used as one of the ingredients in bakery products, confectioneries, and many other products. Palm oil is grown in the continents of Asia, Africa, and South America.

The demand for edible oils has strongly increased, and the palm oil plantations have also significantly increased in order to fulfill the emerging global demand. Moreover, growing health concerns regarding the health benefits of consuming palm oil and increasing application of crude palm oil are further expected to drive the market during the forecast period. However, environmental concerns regarding deforestation are expected to restrain the growth of the palm oil market during the next five years.

DRIVERS
Growing health concerns regarding the benefits of consuming palm oil.
Increasing adoption of crude palm oil.

RESTRAINTS
Growing environmental concerns.

The major players profiled in the palm oil market include Carotino Group (JC Chang Group of companies), Yee Lee Corporation Bhd., Innovans Palm Industries Sdn Bhd, Able Perfect Sdn Bhd, Sarawak Oil Palms Berhad, Hayel Saeed Anam Group of Companies, Green Ocean Corporation Berhad, Muhibah Palm Product Sdn Bhd, Cargill, Incorporated, Wilmar International Ltd.

Palm Oil Market Segmentation

The palm oil market has been analyzed through the following segments:

• By Type
  • Crude Oil
  • Refined
  • Palm Kernel Oil                                       
• By Industry Verticals
  • Food and Beverage
  • Personal Care and Cosmetics
  • Bionergy and Power
  • Ibndustrial Uses
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Indonesia
    • Thailand
    • Others

1. EXECUTIVE SUMMARY

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations

3.7. Strategic Recommendations

4. TECHNOLOGICAL OUTLOOK

5. PALM OIL MARKET BY TYPE

5.1. Introduction

5.2. Crude Palm Oil

5.3. Refined

5.4. Palm Kernel Oil

6. PALM OIL MARKET BY INDUSTRY VERTICAL

6.1. Introduction

6.2. Personal Care and Cosmetics

6.3. Bioenergy and Power

6.4. Industrial Uses

6.5. Others

7. PALM OIL MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Type

7.2.2. By Industry Vertical

7.2.3. By Country

7.2.3.1. USA

7.2.3.2. Canada

7.2.3.3. Mexico

7.3. South America

7.3.1. By Type

7.3.2. By Industry Vertical

7.3.3. By Country

7.3.3.1. Brazil

7.3.3.2. Argentina

7.3.3.3. Others

7.4. Europe

7.4.1. By Type

7.4.2. By Industry Vertical

7.4.3. By Country

7.4.3.1. United Kingdom

7.4.3.2. Germany

7.4.3.3. France

7.4.3.4. Spain

7.4.3.5. Others

7.5. Middle East and Africa

7.5.1. By Type

7.5.2. By Industry Vertical

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.2. UAE

7.5.3.3. Others

7.6. Asia Pacific

7.6.1. By Type

7.6.2. By Industry Vertical

7.6.3. By Country

7.6.3.1. China

7.6.3.2. Japan

7.6.3.3. South Korea

7.6.3.4. India

7.6.3.5. Indonesia

7.6.3.6. Thailand

7.6.3.7. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Carotino Sdn Bhd (JC Chang Group of Companies)

9.2. Yee Lee Corporation Bhd.

9.3. Innovans Palm Industries Sdn Bhd

9.4. Able Perfect Sdn Bhd

9.5. Sarawak Oil Palms Berhad

9.6. Hayel Saeed Anam Group of Companies

9.7. Green Ocean Corporation Berhad

9.8. Muhibah Palm Product Sdn Bhd

9.9. Cargill, Incorporated

9.10. Wilmar International Ltd.

9.11. Sime Darby Plantation Berhad

9.12. IOI Corporation Berhad

9.13. Kuala Lumpur Kepong Berhad (KLK)

10. APPENDIX

10.1. Currency

10.2. Assumptions

10.3. Base and Forecast Years Timeline

10.4. Key Benefits for the Stakeholders

10.5. Research Methodology

10.6. Abbreviations

LIST OF FIGURES

LIST OF TABLES

Carotino Sdn Bhd (JC Chang Group of Companies)

Yee Lee Corporation Bhd.

Innovans Palm Industries Sdn Bhd

Able Perfect Sdn Bhd

Sarawak Oil Palms Berhad

Hayel Saeed Anam Group of Companies

Green Ocean Corporation Berhad

Muhibah Palm Product Sdn Bhd

Cargill, Incorporated

Wilmar International Ltd.

Sime Darby Plantation Berhad

IOI Corporation Berhad

Kuala Lumpur Kepong Berhad (KLK)