Global Palm Oil Market Growth 2025-2031

The global Palm Oil market size is predicted to grow from US$ 53720 million in 2025 to US$ 73630 million in 2031; it is expected to grow at a CAGR of 5.4% from 2025 to 2031.

Palm oil is one of the world"s most produced and consumed oils. This cheap, production-efficient and highly stable oil is used in a wide variety of food, cosmetic and hygiene products, and can be used as source for bio-fuel or biodiesel. Most palm oil is produced in Asia, Africa and South America because the trees require warm temperatures, sunshine and plenty of rain in order to maximize production.

Global Palm Oil key players include Felda Global Ventures, IOI, Sime Darby Berhad, Musim Mas, Astra Agro Lestari, etc. Global top five manufacturers hold a share over 5%.

Southeast Asia is the largest market, with a share over 30%, followed by Middle East & Africa and India, both have a share over 30% percent.

In terms of product, Crude Palm Oil is the largest segment, with a share over 70%. And in terms of application, the largest application is Foods, followed by Bio-Diesel and Surfactants.

LP Information, Inc. (LPI) ' newest research report, the “Palm Oil Industry Forecast” looks at past sales and reviews total world Palm Oil sales in 2024, providing a comprehensive analysis by region and market sector of projected Palm Oil sales for 2025 through 2031. With Palm Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Palm Oil industry.

This Insight Report provides a comprehensive analysis of the global Palm Oil 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 Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Palm Oil market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Palm Oil 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 Oil.

This report presents a comprehensive overview, market shares, and growth opportunities of Palm Oil market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Crude Palm Oil
Palm Olein

Segmentation by Application:
Food Industry
Bio-Diesel
Surfactants
Cosmetics Industry
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 analysing the company's coverage, product portfolio, its market penetration.
FGV Holdings Berhad
IOI Group
Sime Darby Berhad
Musim Mas
Astra Agro Lestari
Bumitama Agri
Genting Group
Kuala Lumpur Kepong Berhad (KLK)
Wilmar International
Royal Golden Eagle
Indofood Agri Resources
Golden Agri-Resources
First Resources
Sampoerna Agro

Key Questions Addressed in this Report

What is the 10-year outlook for the global Palm Oil market?

What factors are driving Palm Oil market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Palm Oil market opportunities vary by end market size?

How does Palm Oil break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.