Palm Oil Market to Register a Stout Growth by 2031-end

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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The following insights and evaluations are worth knowing for any market participant, helping them in ascertaining the prevailing dynamics and the future trajectories of the Palm Oil Market. They are a part of the estimations of the opportunities in various segments. The additional new opportunities have turned the Palm Oil Market into a fragmented landscape with more entry-level players entering the market, thanks to low barriers for investments.

The research report published by Fact.MR on the Palm Oil Market provides a detailed overview of the demands and consumptions of various products/services associated with the growth dynamics of the market during the forecast period 2024 to 2031. The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues. The insights and analytics on the Palm Oil Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.

After reading the Palm Oil Market report, readers get insight into: 

  • Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
  • New, promising avenues in key regions
  • New revenue streams for all players in emerging markets
  • Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
  • Demand and uptake patterns in key industries of the Palm Oil Market
  • New research and development projects in new technologies in key regional markets
  • Changing revenue share and size of key product segments during the forecast period 2024 to 2031
  • Technologies and business models with disruptive potential 

 

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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)

The Report Covers Exhaustive Analysis On:

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

The global Palm Oil Market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

 

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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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