• palm oil press machine producers look to emerging markets post eu in Johannesburg
  • palm oil press machine producers look to emerging markets post eu in Johannesburg
  • palm oil press machine producers look to emerging markets post eu in Johannesburg
  • palm oil press machine producers look to emerging markets post eu in Johannesburg
  • Which segment will dominate the global palm oil market in 2023?
  • Among these, Food & Beverages is the major segment and held about 70% of the global Palm Oil market in 2023 and is anticipated to prevail the similar trend in the upcoming years. Palm oil offers prolonged stability, maintaining product taste throughout its shelf life due to its superior resistance to oxidation compared to other vegetable oils.
  • Which countries buy palm oil?
  • The primary purchasers of palm oil include China, India, Indonesia, and Europe. India and China do not domestically produce palm oil, thus relying entirely on imports to fulfil their demand. The global Palm Oil market is likely to reach approximately 103 million tonnes in 2034.
  • What is the global palm oil market?
  • Based on the end-user industry, the global Palm Oil market is divided into Personal Care & Cosmetics, Food & Beverages, Biofuel, and Others. Among these, Food & Beverages is the major segment and held about 70% of the global Palm Oil market in 2023 and is anticipated to prevail the similar trend in the upcoming years.
  • How chemanalyst analyzed global palm oil market?
  • Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Palm Oil market over the coming years.
  • Do you need a pricing benchmark for palm oil?
  • Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy. Global Palm Oil market stood at approximately 71 million tonnes in 2023 and is anticipated to grow at a CAGR of 3.5% during the forecast period until 2034.
  • Which countries use the most palm oil?
  • Indonesia, recognized as the foremost palm oil producer globally, also leads in consumption, with a substantial portion allocated for domestic cooking needs. India is a major importer of palm oil, fuelled by its vast population and escalating requirement for cost-effective cooking oil.