Indonesia emerged as a major region for the palm oil market, due to increased consumption of palm oil by the population, growth in the regional palm oil manufacturers and increased palm oil planted area allotted by the government.
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Vegetable oil is an organic and natural cooking oil, produced by removal of oil from vegetable & fruit plant components, normally seeds. As per product types, vegetable oil can be classified into soybean, sunflower seed, rapeseed and palm oil.
Vegetable oils is rich in Vitamin E and is used for various purposes such as hydrogenated oils, food ingredient, pet food additive, source of fuel and as a raw material in various industries.
Palm oil is a product type of vegetable oil, extracted from the reddish pulp of palm oil fruits.
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For oil & gas industry, it is supplied as in the crude form that is without being refined or processed. In comparison with other types of vegetable oils, palm oil consumption provides benefits to its consumer such as improving energy levels, enhancing vision, maintaining hormonal balance and so on.
It is also rich in antioxidants, beta-carotene and various nutrients including vitamin K, omega-3 & omega-6 fatty acids and several lipids. Food, cosmetic, detergents and chemical industry are the major end users of palm oil market.
Two major types of palm oil are Crude Palm Oil (CPO) and Crude Palm Kernel Oil (CPKO).
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The global palm oil market is expected to grow with rising global population, increasing biofuels production, increasing fresh fruits bunches yields, accelerating economic growth and growing application in various markets. Key trends of this market includes rising demand for red palm oil, increasing sustainable palm oil production and growing shift towards palm crop transplanting.
However, there are some factors which can hinder growth of the market including consumption of soybean oil in developing countries, stringent regulations, weather uncertainties and retail consolidations.
Major Points from Table of Contents Provided in Global Palm Oil Market:
1. Market Overview
1.1 Vegetable Oil
1.2 Palm Oil
2. Vegetable Oil Market Analysis
2.1 Global Vegetable Oil Production Volume Forecast
2.2 Vegetable Oil Production Volume by Region
2.3 Vegetable Oil Production Volume by Product Types
2.4 Vegetable Oil Consumption Volume Forecast
2.5 Vegetable Oil Consumption Volume by Region
2.6 Vegetable Oil Consumption Volume by Product Types
2.7 Vegetable Oil Exports Volume Forecast
2.8 Vegetable Oil Exports Volume by Region
2.9 Vegetable Oil Imports Volume Forecast
2.10 Vegetable Oil Imports Volume by Region
3. Global Palm Oil Market Analysis
3.1 Palm Oil Production Volume Forecast
3.2 Palm Oil Production Volume by Region
3.3 Palm Oil Consumption Volume Forecast
3.4 Palm Oil Consumption Volume by Region
3.5 Palm Oil Exports Volume Forecast
3.6 Palm Oil Exports Volume by Region
3.7 Palm Oil Imports Volume Forecast
3.8 Palm Oil Imports Volume by Region
3.9 Palm Oil Production Volume by Product Type
4. Regional Palm Oil Market Analysis
4.5 European Union
5. Market Dynamics
5.1 Growth Drivers
5.2 Key Trends and Developments
6. Competitive Landscape
6.1 Global Market
7. Company Profiles
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