Palm Oil Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global palm oil market is expected to grow at a CAGR of around 2.8% during 2025-2034. This report on global palm oil market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global palm oil market by segmenting the market based on origin, product, application, and region. Also, detailed profiles of companies operating in the palm oil market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Application in Food
• Ascending Consumption as a Feedstock
• Growing Demand from Biodiesel and Lubricants
Market Challenges
• Declining Socio-Economic Conditions
• Hazardous Effect on Environment
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Origin
• Organic
• Conventional
Market by Product
• Crude
• RBD
• Palm Kernel Oil
• Fractionated
Market by Application
• Food & Beverage
• Personal Care & Cosmetics
• Biofuel & Energy
• Pharmaceutical
• Industrial
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Palm Oil Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Palm Oil Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Palm Oil Market by Origin
- 5.1. Introduction
- 5.2. Organic
- 5.3. Conventional
- 6. Global Palm Oil Market by Product
- 6.1 Introduction
- 6.2 Crude
- 6.3 RBD
- 6.4 Palm Kernel Oil
- 6.5 Fractionated
- 7. Global Palm Oil Market by Application
- 7.1 Introduction
- 7.2 Food & Beverage
- 7.3 Personal Care & Cosmetics
- 7.4 Biofuel & Energy
- 7.5 Pharmaceutical
- 7.6 Industrial
- 8. Global Palm Oil Market by Region
- 8.1 Introduction
- 8.2 Europe
- 8.2.1 Germany
- 8.2.2 United Kingdom
- 8.2.3 France
- 8.2.4 Italy
- 8.2.5 Spain
- 8.2.6 Russia
- 8.2.7 Netherlands
- 8.2.8 Rest of the Europe
- 8.3 North America
- 8.3.1 United States
- 8.3.2 Canada
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Japan
- 8.4.3 India
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Indonesia
- 8.4.7 Rest of the Asia Pacific
- 8.5 Latin America
- 8.5.1 Mexico
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 Turkey
- 8.6.2 Iran
- 8.6.3 United Arab Emirates
- 8.6.4 Rest of Middle East & Africa
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1 Competitive Scenario
- 12.2 Company Profiles
- 12.2.1 Fuji Vegetable Oil Inc.
- 12.2.2 Genting Plantations
- 12.2.3 Godrej Agrovet Limited
- 12.2.4 Golden Agri-Resources Ltd.
- 12.2.5 PT Smart
- 12.2.6 Intercontinental Specialty Fats Sdn. Bhd.
- 12.2.7 PT Darmex Agro
- 12.2.8 New Britain Palm Oil Ltd.
- 12.2.8 IOI Group
- 12.2.10 Wilmar International Limited
- List of Figures
- Figure 1: Global Palm Oil Market (in US$ Million), 2020-2024
- Figure 2: Global Palm Oil Market by Origin, 2024
- Figure 3: Global Palm Oil Market by Product, 2024
- Figure 4: Global Palm Oil Market by Application, 2024
- Figure 5: Global Palm Oil Market by Region, 2024
- Figure 6: Global Palm Oil Market (in US$ Million), 2025-2034
- Figure 7: Global Palm Oil Market by Origin (in %), 2024 & 2034
- Figure 8: Global Organic Palm Oil Market (in US$ Million), 2020-2024
- Figure 9: Global Organic Palm Oil Market (in US$ Million), 2025-2034
- Figure 10: Global Conventional Palm Oil Market (in US$ Million), 2020-2024
- Figure 11: Global Conventional Palm Oil Market (in US$ Million), 2025-2034
- Figure 12: Global Palm Oil Market by Product (in %), 2024 & 2034
- Figure 13: Global Crude Palm Oil Market (in US$ Million), 2020-2024
- Figure 14: Global Crude Palm Oil Market (in US$ Million), 2025-2034
- Figure 15: Global RBD Palm Oil Market (in US$ Million), 2020-2024
- Figure 16: Global RBD Palm Oil Market (in US$ Million), 2025-2034
- Figure 17: Global Palm Kernel Oil Market (in US$ Million), 2020-2024
- Figure 18: Global Palm Kernel Oil Market (in US$ Million), 2025-2034
- Figure 19: Global Fractionated Palm Oil Market (in US$ Million), 2020-2024
- Figure 20: Global Fractionated Palm Oil Market (in US$ Million), 2025-2034
- Figure 21: Global Palm Oil Market by Application (in %), 2024 & 2034
- Figure 22: Global Food & Beverage Palm Oil Market (in US$ Million), 2020-2024
- Figure 23: Global Food & Beverage Palm Oil Market (in US$ Million), 2025-2034
- Figure 24: Global Personal Care & Cosmetics Palm Oil Market (in US$ Million), 2020-2024
- Figure 25: Global Personal Care & Cosmetics Palm Oil Market (in US$ Million), 2025-2034
- Figure 26: Global Biofuel & Energy Palm Oil Market (in US$ Million), 2020-2024
- Figure 27: Global Biofuel & Energy Palm Oil Market (in US$ Million), 2025-2034
- Figure 28: Global Pharmaceutical Palm Oil Market (in US$ Million), 2020-2024
- Figure 29: Global Pharmaceutical Palm Oil Market (in US$ Million), 2025-2034
- Figure 30: Global Industrial Palm Oil Market (in US$ Million), 2020-2024
- Figure 31: Global Industrial Palm Oil Market (in US$ Million), 2025-2034
- Figure 32: Global Palm Oil Market by Region (in %), 2024 & 2034
- Figure 33: Europe Palm Oil Market (in US$ Million), 2020-2024
- Figure 34: Europe Palm Oil Market (in US$ Million), 2025-2034
- Figure 35: Europe Palm Oil Market by Country (in %), 2024 & 2034
- Figure 36: Germany Palm Oil Market (in US$ Million), 2020-2034
- Figure 37: United Kingdom Palm Oil Market (in US$ Million), 2020-2034
- Figure 38: France Palm Oil Market (in US$ Million), 2020-2034
- Figure 39: Italy Palm Oil Market (in US$ Million), 2020-2034
- Figure 40: Spain Palm Oil Market (in US$ Million), 2020-2034
- Figure 41: Russia Palm Oil Market (in US$ Million), 2020-2034
- Figure 42: Netherlands Palm Oil Market (in US$ Million), 2020-2034
- Figure 43: North America Palm Oil Market (in US$ Million), 2020-2024
- Figure 44: North America Palm Oil Market (in US$ Million), 2025-2034
- Figure 45: North America Palm Oil Market by Country (in %), 2024 & 2034
- Figure 46: United States Palm Oil Market (in US$ Million), 2020-2034
- Figure 47: Canada Palm Oil Market (in US$ Million), 2020-2034
- Figure 48: Asia Pacific Palm Oil Market (in US$ Million), 2020-2024
- Figure 49: Asia Pacific Palm Oil Market (in US$ Million), 2025-2034
- Figure 50: Asia Pacific Palm Oil Market by Country (in %), 2024 & 2034
- Figure 51: China Palm Oil Market (in US$ Million), 2020-2034
- Figure 52: Japan Palm Oil Market (in US$ Million), 2020-2034
- Figure 53: India Palm Oil Market (in US$ Million), 2020-2034
- Figure 54: South Korea Palm Oil Market (in US$ Million), 2020-2034
- Figure 55: Australia Palm Oil Market (in US$ Million), 2020-2034
- Figure 56: Indonesia Palm Oil Market (in US$ Million), 2020-2034
- Figure 57: Latin America Palm Oil Market (in US$ Million), 2020-2024
- Figure 58: Latin America Palm Oil Market (in US$ Million), 2025-2034
- Figure 59: Latin America Palm Oil Market by Country (in %), 2024 & 2034
- Figure 60: Mexico Palm Oil Market (in US$ Million), 2020-2034
- Figure 61: Brazil Palm Oil Market (in US$ Million), 2020-2034
- Figure 62: Argentina Palm Oil Market (in US$ Million), 2020-2034
- Figure 63: Middle East & Africa Palm Oil Market (in US$ Million), 2020-2024
- Figure 64: Middle East & Africa Palm Oil Market (in US$ Million), 2025-2034
- Figure 65: Middle East & Africa Palm Oil Market by Country (in %), 2024 & 2034
- Figure 66: Saudi Arabia Palm Oil Market (in US$ Million), 2020-2034
- Figure 67: Turkey Palm Oil Market (in US$ Million), 2020-2034
- Figure 68: Iran Palm Oil Market (in US$ Million), 2020-2034
- Figure 69: UAE Palm Oil Market (in US$ Million), 2020-2034
- Figure 70: Market Value Chain
- List of Tables
- Table 1: Global Palm Oil Market Portraiture
- Table 2: Global Palm Oil Market by Origin (in US$ Million), 2024 & 2034
- Table 3: Global Palm Oil Market by Product (in US$ Million), 2024 & 2034
- Table 4: Global Palm Oil Market by Application (in US$ Million), 2024 & 2034
- Table 5: Global Palm Oil Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Palm Oil Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Palm Oil Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Palm Oil Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Palm Oil Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Palm Oil Market by Country (in US$ Million), 2024 & 2034
- Table 11: List of Key Players
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook