According to the latest report by IMARC Group, the global palm oil market size reached US$ 48.10 Billion in 2020. Palm oil is a reddish, edible vegetable oil produced from the mesocarp of oil palm fruits. As compared to other oils, it is a rich source of antioxidants, vitamin E, and carotene. Other than this, palm oil remains stable at high temperatures, which makes it ideal for deep frying applications.

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Global Palm Oil Market
Research Report and
Forecast 2021-2026
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights Reserved

2. Report Description
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3. Report Description
Report Description and Highlights
Global Palm Oil Market Outlook 2026:
According to the latest research report by IMARC Group, titled “Palm Oil Market: Global Industry
Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global palm oil market size
reached US$ 48.10 Billion in 2020.
Palm oil is a reddish, edible vegetable oil produced from the mesocarp of oil palm fruits. As compared
to other oils, it is a rich source of antioxidants, vitamin E, and carotene.
Other than this, palm oil remains stable at high temperatures, which makes it ideal for deep frying
applications.
It is free from trans-fatty acids as it does not go through the hydrogenation process that generates high
amounts of trans fats that can cause various health problems.
Palm oil is used in the production of numerous food items and various consumer goods, such as soaps,
cosmetics, candles and detergents.
Request for a free sample report: https://www.imarcgroup.com/palm-oil-processing-
plant/requestsample

4. Report Description
Report Description and Highlights
Global Palm Oil Market Trends:
The growth of the global palm oil market can be attributed to the rising demand for healthy vegetable
oils.
Besides this, palm oil is used as a feedstock in the biofuels industry for producing biodiesel and a
substitute for mineral oil in power plants.
The rising environmental concerns, along with favorable government initiatives aimed to increase the
adoption of biofuels, are boosting the market growth.
Apart from this, fatty acids derivatives of palm oil are employed in the production of bactericides,
cosmetics, pharmaceuticals, and water treatment materials, which is supporting the market growth
further.
The growing demand for consumer goods such as soaps, detergents, greases, lubricants, and candles is
contributing to the expanding demand for palm oil across the globe.

5. Market Summary:
Breakup by Application:
• Household cooking
• Food and beverages
• Oleochemicals
• Personal care
• Animal feed
• Bio-fuel
Breakup by Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Looking forward, the global palm oil market is expected to witness moderate growth during 2021-
2026.
Report Description
Report Description and Highlights

6. Competitive Landscape With Keyplayer:
• Wilmar International Ltd
• Sime Darby Berhad
• IOI Corporation Berhad
• PT Astra Agro Lestari Tbk
• Kuala Lumpur Kepong Berhad
• Golden Agri-Resources Ltd
View Report TOC, Figures and Tables : https://www.imarcgroup.com/palm-oil-processing-plant
Report Description
Report Description and Highlights

7. A partial List of our Clients
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Partial List of Clients

8. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

9. Report Description
Report Description and Highlights
© 2019 IMARC All Rights Reserved
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