Global Palm Kernel Fatty Acid Distillate (PKFAD) Market Growth 2023-2029
Palm Kernel Fatty Acid Distillate (PKFAD) is a by-product from refining crude palm oil. At room temperature, PKFAD is a light brown and semi-solid-state product of this refining process. Upon heating it melts down to a brown liquid. Palm kernel fatty acid distillate comprise mainly of free fatty acids with palmitic acid and olefin acid being the major components. The uses of PKFADs: PKFADs are increasingly used in the soup industries; as raw materials for the oleochemicals industry such as the manufacture of candles, toiletries and assorted cosmetics. PKFADs are also used by the animal feed industry. PKFADs have many other broad applications as well. It is used widely as food emulsifiers, as additives in rubber processing, the flavours and fragrance industries and pharmaceutical industries also use PKFADs intensively for their assorted formulations.
LPI (LP Information)' newest research report, the “Palm Kernel Fatty Acid Distillate (PKFAD) Industry Forecast” looks at past sales and reviews total world Palm Kernel Fatty Acid Distillate (PKFAD) sales in 2022, providing a comprehensive analysis by region and market sector of projected Palm Kernel Fatty Acid Distillate (PKFAD) sales for 2023 through 2029. With Palm Kernel Fatty Acid Distillate (PKFAD) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Palm Kernel Fatty Acid Distillate (PKFAD) industry.
This Insight Report provides a comprehensive analysis of the global Palm Kernel Fatty Acid Distillate (PKFAD) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Palm Kernel Fatty Acid Distillate (PKFAD) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Palm Kernel Fatty Acid Distillate (PKFAD) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Palm Kernel Fatty Acid Distillate (PKFAD) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Palm Kernel Fatty Acid Distillate (PKFAD).
The global Palm Kernel Fatty Acid Distillate (PKFAD) market size is projected to grow from US$ 555.6 million in 2022 to US$ 655.4 million in 2029; it is expected to grow at a CAGR of 655.4 from 2023 to 2029.
Global key palm kernel fatty acid distillate (PKFAD) manufacturers include FGV Holding, Wilmar International etc.The top 3 companies hold a share about 26%.APAC is the largest market, with a share about 50%, followed by Europe and North America with the share about 20% and 17%.
This report presents a comprehensive overview, market shares, and growth opportunities of Palm Kernel Fatty Acid Distillate (PKFAD) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
TFM 95% min
TFM 97% min
Segmentation by application
Oleochemicals
Feed
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
FGV Holdings
Wilmar International
Sime Darby Plantation
RGE Group
Golden Agri Resources
Musim Mas
Astra Agro Lestari
Genting Plantations
First Resources
KLK OLEO
Future Prelude
Permata Hijau Group
Soon Soon Oilmills Sdn Bhd
Cargill
Mewah Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Palm Kernel Fatty Acid Distillate (PKFAD) market?
What factors are driving Palm Kernel Fatty Acid Distillate (PKFAD) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Palm Kernel Fatty Acid Distillate (PKFAD) market opportunities vary by end market size?
How does Palm Kernel Fatty Acid Distillate (PKFAD) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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