Global Palm Oil Market Share, Size, Trends and Forecast 2017-2022

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 Palm Oil Market Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2017-2022
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Report Description and Highlights
Report Description

• Global Palm Oil Market Catalysed by Expanding
  Applications and Health Benefits
• The global palm oil market is growing at a rapid
  pace owing to increasing applications in several
  industries such as food industry, consumer goods
  and energy. Apart from this, it is also gaining
  popularity among the consumers due to the health
  benefits.
• Palm oil is a vegetable oil derived from the pulp
  of the fruit of the oil palms. It is reddish in
  colour as it has a high content of beta-carotene.
  Palm oil yields more oil per hectare and requires
  considerably less energy for the production
  process. This makes the production of palm oil
  more sustainable to other seed crops such
  soybeans and rapeseeds. According to a latest
  report by IMARC Group titled, Palm Oil Market
  Global Industry Trends, Share, Size, Growth,
  Opportunity and Forecast 2017-2022, the global
  palm oil market reached production volumes 69
  Million Tons in 2016, growing at a CAGR of around
  7 during 2009-2016.
• Highlights of the global palm oil market
• India represents the largest consumer of palm
  oil.
• The palm oil market is influenced by its long
  shelf life.
• Food sector is the largest end-use sector of palm
  oil.

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Report Description and Highlights
Report Description
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Report Description and Highlights
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The single largest derivative of acetic acid is
VAM (vinyl acetate monomer), which is used in the
production of adhesives and sealants, paper
coatings, textile finishes, photographic films,
etc. Another important derivative, PTA (purified
terephthalic acid), is used in the construction
and packaging industries. Acetic anhydride, also
derived from acetic acid, is used in the
conversion of cellulose to cellulose acetate.
Currently, as a result of the increasing
industrialisation and urbanisation rates,
particularly in developing regions like
Asia-Pacific, Middle-East and Latin America, the
demand for acetic acid and its derivatives
(primarily VAM and PTA) has increased in various
end-use industries. Moreover, the increasing
demand for vinegar is also triggering the market
due to its wide applications. Palm oil finds a
large number of applications, particularly in the
food industry where it is used as a cooking oil
and shortening. It is also used as an important
ingredient in the manufacturing of margarine,
ice-creams and non-dairy creamers. Apart from
this, palm oil serves as a substitute to products
containing animal fats, which are not acceptable
on religious grounds in many communities. The
second largest end-use industry of palm oil is
the consumer goods industry. This industry
utilises palm oil in the manufacturing of soaps,
detergents, lubricants, greases, candles, etc.
Furthermore, the applications of palm oil are
also increasing as the governments of many
regions are proposing to capitalize on palm oils
ability to be used as the feedstock for the
production of biodiesel and as an alternative to
mineral oils for use in power stations. Browse
full report with TOC _at_ http//www.imarcgroup.com/p
alm-oil-processing-plant
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Report Description and Highlights
Report Description

• The market for palm oil is being driven primarily
  by its resistance to oxidation which promotes
  long shelf life.  Along with this, its expanding
  uses are also contributing in the growth of the
  palm oil industry. This expansion is highly
  influenced by the health benefits offered by palm
  oil such as its ability to improve vision and
  energy levels, boost the immune system, prevent
  premature ageing and cancer, etc. Unlike other
  vegetable oils such as coconut oil which are
  equally high in saturated fats, a controlled
  consumption of palm oil can prevent several heart
  diseases which are caused by increased amounts of
  the LDL and reduction in HDL levels.
• On the basis of regions, India represents the
  largest consumer of palm oil, accounting for the
  majority of the global market shares. It is
  followed by Indonesia, European Union, China,
  Malaysia, etc. An analysis of the competitive
  landscape finds that Wilmar International is the
  largest manufacturer in the market, followed by
  Sime Darby Berhad, IOI Corporation, Astra Agro
  Lestari, Kuala Lumpur Kepong Berhad and Golden
  Agri.
• The report by IMARC Group has examined the global
  palm oil magnets market on the basis of
• End-Use
• Food
• Consumer Goods
• Energy

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Report Description and Highlights
Report Description

• Region
• India
• Indonesia
• China
• European Union
• Malaysia
• Major manufacturers
• Wilmar International
• Sime Darby Berhad
• IOI Corporation
• Astra Agro Lestari
• Kuala Lumpur Kepong Berhad
• Golden Agri
• Find more reports related to Food Beverages
  Industry

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Report Description and Highlights
Report Description

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