Palm Oil Market
Palm Oil Market - Global Industry Assessment & Forecast
Segments Covered
- By Nature Outlook Organic, Conventional
- By Product Crude Palm Oil (CPO), Palm Kernel Oil (PKO), Fractionated Palm Oil (FPO), Red Palm Oil (RPO), Palm Olein, Other Products
- By End-Use Food Industry, Personal Care, Biofuel Industry, Pharmaceutical Industry, Cosmetics Industry, Animal Feed Industry, Other End-Uses
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 68.2 Billion |
Revenue 2030: | USD 95.32 Billion |
Revenue CAGR (2023 - 2030): | 4.9% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Palm Oil Market Segment Analysis
- Palm Oil Nature Outlook Outlook (Revenue, USD Million, 2018 - 2030)
- Organic
- Conventional
- Palm Oil Product Outlook (Revenue, USD Million, 2018 - 2030)
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Palm Oil End-Use Outlook (Revenue, USD Million, 2018 - 2030)
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Palm Oil Market, by Nature Outlook
- Organic
- Conventional
-
North America Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
-
North America Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- U.S.
- U.S. Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- U.S. Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- U.S. Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- U.S. Palm Oil Market, by Nature Outlook
- Canada
- Canada Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Canada Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Canada Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Canada Palm Oil Market, by Nature Outlook
-
Mexico
- Mexico Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Mexico Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Mexico Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Mexico Palm Oil Market, by Nature Outlook
-
North America Palm Oil Market, by Nature Outlook
- Europe
-
Europe Palm Oil Market, by Nature Outlook
- Organic
- Conventional
-
Europe Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
-
Europe Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- U. K.
- U.K. Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- U.K. Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- U.K. Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- U.K. Palm Oil Market, by Nature Outlook
- France
- France Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- France Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- France Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- France Palm Oil Market, by Nature Outlook
-
Germany
- Germany Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Germany Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Germany Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Germany Palm Oil Market, by Nature Outlook
-
Italy
- Italy Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Italy Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Italy Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Italy Palm Oil Market, by Nature Outlook
-
Spain
- Spain Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Spain Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Spain Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Spain Palm Oil Market, by Nature Outlook
-
Rest of Europe
- Rest of Europe Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Rest of Europe Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Rest of Europe Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Rest of Europe Palm Oil Market, by Nature Outlook
-
Europe Palm Oil Market, by Nature Outlook
- Asia Pacific
-
Asia Pacific Palm Oil Market, by Nature Outlook
- Organic
- Conventional
-
Asia Pacific Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
-
Asia Pacific Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- China
- China Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- China Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- China Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- China Palm Oil Market, by Nature Outlook
- Japan
- Japan Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Japan Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Japan Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Japan Palm Oil Market, by Nature Outlook
-
Germany
- Germany Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Germany Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Germany Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Germany Palm Oil Market, by Nature Outlook
-
India
- India Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- India Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- India Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- India Palm Oil Market, by Nature Outlook
-
South Korea
- South Korea Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- South Korea Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- South Korea Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- South Korea Palm Oil Market, by Nature Outlook
-
South East Asia
- South East Asia Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- South East Asia Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- South East Asia Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- South East Asia Palm Oil Market, by Nature Outlook
-
Rest of Asia Pacific
- Rest of Asia Pacific Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Rest of Asia Pacific Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Rest of Asia Pacific Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Rest of Asia Pacific Palm Oil Market, by Nature Outlook
-
Asia Pacific Palm Oil Market, by Nature Outlook
- Latin America
-
Latin America Palm Oil Market, by Nature Outlook
- Organic
- Conventional
-
Latin America Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
-
Latin America Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Brazil
- Brazil Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Brazil Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Brazil Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Brazil Palm Oil Market, by Nature Outlook
- Argentina
- Argentina Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Argentina Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Argentina Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Argentina Palm Oil Market, by Nature Outlook
-
Rest of Latin America
- Rest of Latin America Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Rest of Latin America Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Rest of Latin America Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Rest of Latin America Palm Oil Market, by Nature Outlook
-
Latin America Palm Oil Market, by Nature Outlook
- Middle East & Africa
-
Middle East & Africa Palm Oil Market, by Nature Outlook
- Organic
- Conventional
-
Middle East & Africa Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
-
Middle East & Africa Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- GCC Countries
- GCC Countries Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- GCC Countries Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- GCC Countries Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- GCC Countries Palm Oil Market, by Nature Outlook
- South Africa
- South Africa Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- South Africa Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- South Africa Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- South Africa Palm Oil Market, by Nature Outlook
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Palm Oil Market, by Nature Outlook
- Organic
- Conventional
- Rest of Middle East & Africa Palm Oil Market, by Product
- Crude Palm Oil (CPO)
- Palm Kernel Oil (PKO)
- Fractionated Palm Oil (FPO)
- Red Palm Oil (RPO)
- Palm Olein
- Other Products
- Rest of Middle East & Africa Palm Oil Market, by End-Use
- Food Industry
- Personal Care
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Animal Feed Industry
- Other End-Uses
- Rest of Middle East & Africa Palm Oil Market, by Nature Outlook
-
Middle East & Africa Palm Oil Market, by Nature Outlook
- North America
FAQ
Frequently Asked Question
What is the global demand for Palm Oil in terms of revenue?
-
The global Palm Oil valued at USD 68.2 Billion in 2022 and is expected to reach USD 95.32 Billion in 2030 growing at a CAGR of 4.9%.
Which are the prominent players in the market?
-
The prominent players in the market are Wilmar International Ltd. (Singapore), Sime Darby Berhad (Malaysia), IOI Corporation Berhad (Malaysia), Astra Agro Lestari (Indonesia), Kuala Lumpur Kepong Berhad (Malaysia), Golden Agri-Resources Ltd. (Singapore).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.9% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Palm Oil include
- Significant growth in demand for the product from end-use industries
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Palm Oil in 2022.