Get more information about the market: https://foodbeveragesmarket2018.wordpress.com/2018/05/22/global-palm-oil-market/ A new research report title “Palm Oil: Global Industry Trends, share, Size, Growth, Opportunity and Forecast 2018-2023” by IMARC Group estimates that the market reached a volume of more than 52 million tons in 2017.

1. Copyright © IMARC. All Rights Reserved
Global Palm Oil Market Fuelled by Government Support

2. IMARC is a leading advisor on management strategy and market research worldwide. We partner with
clients in all sectors and regions to identify their highest-value opportunities, address their most
critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology organizations.
Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food
and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the
company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
Report DescriptionAbout IMARC Group

3. Report DescriptionReport Description and Highlights
Global Palm Oil Market Fuelled by Government Support
The global palm oil market is currently witnessing a positive growth. This can be highly accredited to
the factors such as long shelf life and various health benefits of palm oil, expanding non-food
applications as well as a strong demand from emerging regions.
Palm oil is an edible vegetable oil extracted from the fruit of oil palms. The appearance of palm oil is
reddish in colour due to the high beta carotene content. As compared to other vegetable oils, palm oil
has emerged as the key global source of vegetable oil on account of satisfactory availability, versatility
in usage and lower cost. Further, healthcare benefits of palm oil include ability to enhance energy
levels, improve eye vision, boost immunity system, prevent premature ageing and reduce the risk of
cancer and heart diseases. A new research report title “Palm Oil: Global Industry Trends, share, Size,
Growth, Opportunity and Forecast 2018-2023” by IMARC Group estimates that the market reached a
volume of more than 52 million tons in 2017. The report further anticipates the market to reach
approximately 72 million tons by 2023, at a projected CAGR of 5.5% over the forecast period.

4. Report DescriptionReport Description and Highlights

5. Report DescriptionReport Description and Highlights
Market Drivers/Constraints:
• As palm oil is resistant to oxidation and can be used in even high temperatures, it helps in
promoting a longer shelf life of the products. This has facilitated its application in a number of
products in the food industry.
• In recent years, governments across various nations have taken initiatives to curb the
consumption of trans-fat which has resulted in the increased use of palm oil globally.
• There is also a high demand for palm oil in the consumer goods industry as a result of its fatty
acid composition, where it is widely used for manufacturing soaps, detergents, lubricants,
greases, candles, etc.
• Moreover, palm oil is also being considered as an effective alternative to fossil fuels in
transportation and energy industries. In addition, it is also used as an alternative to mineral oil in
power stations for energy production.
• However, as the cultivation of palm oil involves the felling of tropical forests or the burning of
peatlands, this has elevated the levels of deforestation, particularly in South-east Asia. This acts
as a major constraint for the growth of the palm oil market.
Read full report @ https://www.imarcgroup.com/palm-oil-processing-plant

6. Report DescriptionReport Description and Highlights
Application Insights:
Based on application, foods represent the largest application segment accounting for the majority of
the global palm oil market. This can be accredited to the rising consumer preferences for healthier cooking
oil in both mature as well as emerging markets. Foods is followed by consumer products and energy.
Regional Insights:
On a geographical front, India exhibits a clear dominance in the palm oil market. This is due to the
confluence of affordability of palm oil and various government initiatives. It is followed by Indonesia, the
European Union, China, Malaysia, etc.
Request Sample Of The Report: https://www.imarcgroup.com/request?type=report&id=500&flag=B

7. Report DescriptionReport Description and Highlights
Competitive Landscape:
The market is highly concentrated with the presence of established manufacturers who compete in terms of
prices and quality. There is an intense competition in the market which makes it difficult for new entrants to
survive without any acquisition. Some of the leading players operating in the market are:
• Wilmar International
• Sime Darby Berhad
• IOI Corporation
• Astra Agro Lestari
• Kuala Lumpur Kepong Berhad
• Golden Agri
Browse more related reports:
Rice Bran Oil Market: https://www.imarcgroup.com/rice-bran-oil-processing-plant
oybean Oil Market: https://www.imarcgroup.com/soybean-oil-processing-plant

8. Report DescriptionReport Description and Highlights
© 2017 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of
International Market Analysis Research and Consulting (IMARC). No part of this publication may be
reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be
used in any form or by and means graphic electronic or mechanical, including photocopying, recording,
taping or by information storage or retrieval, or by any other form, without the express consent of
International Market Analysis Research and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been
based on information and sources believed to be accurate and reliable at the time of publishing.
International Market Analysis Research and Consulting makes no representation of warranty of any kind as to
the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any
loss or damage resulting from opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market
Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of
their respective companies.

9. FOR MORE DETAILS
Visit us at :
Stay With Us:
TELEPHONE: +1-631-791-1145
E-MAIL: sales@imarcgroup.com
http://www.imarcgroup.com
Contact Us