Palm Oil Market to Record Ascending Growth by 2024

Ongoing efforts to achieve complete transparency and sustainability in the palm oil supply chain is expected to prominently influence the growth of the palm oil market. According to the report published by Fact.MR, the palm oil market is projected to grow at a moderate pace while representing a CAGR of 3.9% during the forecast period 2017-2022. The report focuses on the palm oil market performance in the food and beverage sector which captures the major share among other end users such as biofuel and pharmaceutical. Demand for palm oil in the global food and beverage sector is expected to report over US$ 33 billion revenue generation by 2024 end.

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Fact.MR study reveals that the ongoing clean label trend is likely to influence business strategies of the palm oil stakeholders with a greater focus on establishing greater transparency in the supply chain as well as product labelling. Amid the rising clean label trend in the European food industry, research shows that Europe palm oil market is projected to dominate the global palm oil demand while representing the most attractive CAGR of 4.9% during the forecast. Amid recent EU ban on the palm oil in the transportation fuels, the food and drink industry in Europe, EU’s biggest manufacturing sector, is expected to maintain its leading palm oil demand during the forecast period.

Global Palm Oil Market: Segmentation

For clearer understanding of the Palm Oil Market, analysts have segmented the market. The segmentation has been done on the basis of application, technology, and users. Each segment has been further explained with the help of graphs figures. This breakdown of the market gives the readers an objective view of the global Palm Oil Market, which is essential to make sound investments.

A market research study is incomplete without regional analysis, and we are well aware of it. That is why, the report includes a comprehensive and all-inclusive study that solely concentrates on the geographical growth of the global Palm Oil Market. The study also includes accurate estimations about market growth at the global, regional, and country levels. It empowers you to understand why some regional markets are flourishing while others are seeing a decline in growth. It also allows you to focus on geographies that hold the potential to create lucrative prospects in the near future.

Following Questions Answers Covered in the Report are:

• How will the global Palm Oil Market perform during the forecast period? What will be the market size in terms of value and volume?
• Which segment will drive the global Palm Oil Market? Which regional market will show extensive growth in the future? What are the reasons?
• How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
• What are the key strategies adopted by players to sustain themselves in the global Palm Oil Market?
• How will these strategies influence the market growth and competition?

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Regional analysis includes

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
• EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

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The Report Covers Exhaustive Analysis On:

• Market Segments
• Market Dynamics
• Market Size & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Competitive Landscape

The competitive landscape section delivers a dashboard view of the key market players in the palm oil market. In addition, users of the report can get an insightful section to read about company profiles and their relative position in the global market landscape. Few of the key market players profiled in the palm oil market report include American Vegetable Oils, Cargill Inc., Grief Inc., Fuji Oil Holdings, Bunge Limited, Associated British Foods and Ruchi Soya Industries.

The palm oil market is marked by key players engaged in adopting novel ways to increase sustainability of supply chain and expansion of palm oil production. For instance, Fuji Oil Holdings Group from Japan has partnered with a Malaysian palm oil producer United Plantation to deliver palm oil products that are complied with international standards. Bunge International, a leader in the palm oil market has recently acquired 70% of stake in IOI Loader Croklaan that provides palm oil products. Croklaan has joined Bunge’s Food & Ingredients division as Bunge Loader Croklaan. Godrej Agrovet is planning to acquire Ruchi Soya Industries and is keen to receive benefits from the Ruchi Soya’s oil palm plantation business.

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More Food Industry Reports from Fact.MR

Coffee Fruit Extract Market research report Segmented By Nature (Organic, Conventional), By End Use (Food, Pharmaceuticals), By Form, by Packaging Type, & by Region – https://www.factmr.com/report/3669/coffee-fruit-extract-market

Chewable Coffee Market research report Segmented by Product Type (Tablet chewable coffee, Gummy Chewable Coffee Cube, Others), By Supply Chain (E-Commerce, Supermarkets, Suppliers & Distributors, Others), & by Region – https://www.factmr.com/report/2141/chewable-coffee-market

Coffee Concentrate Market research report Segmented by variety (Arabica, Robusta), by caffeine content (Regular, Decaffeinated), by flavor (Regular, Flavored), By Product Type (Cold Brew Coffee Concentrate, Dolce Iced Coffee Concentrate, Top Roast Coffee Concentrate, Black Coffee Concentrate), By Sales Channel, & By Region – https://www.factmr.com/report/1755/coffee-concentrate-market

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