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Global Palm Oil Market | Share, Size, Price Trends And Forecast 2018-2023

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Get more information about the market: A new research report title “Palm Oil: Global Industry Trends, share, Size, Growth, Opportunity and Forecast 2018-2023” by IMARC Group estimates that the market reached a volume of more than 52 million tons in 2017. Request a sample report: Browse more reports on Chemical & Materials industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: Global Palm Oil Market | Share, Size, Price Trends And Forecast 2018-2023


1
  Global Palm Oil Market Fuelled by Government
Support

Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Palm Oil Market Fuelled by Government
Support The global palm oil market is currently
witnessing a positive growth. This can be highly
accredited to the factors such as long shelf life
and various health benefits of palm oil,
expanding non-food applications as well as a
strong demand from emerging regions. Palm oil is
an edible vegetable oil extracted from the fruit
of oil palms. The appearance of palm oil is
reddish in colour due to the high beta carotene
content. As compared to other vegetable oils,
palm oil has emerged as the key global source of
vegetable oil on account of satisfactory
availability, versatility in usage and lower
cost. Further, healthcare benefits of palm oil
include ability to enhance energy levels, improve
eye vision, boost immunity system, prevent
premature ageing and reduce the risk of cancer
and heart diseases. A new research report title
Palm Oil Global Industry Trends, share, Size,
Growth, Opportunity and Forecast 2018-2023 by
IMARC Group estimates that the market reached a
volume of more than 52 million tons in 2017. The
report further anticipates the market to reach
approximately 72 million tons by 2023, at a
projected CAGR of 5.5 over the forecast
period.
4
Report Description and Highlights
Report Description
5
Report Description and Highlights
Report Description
  • Market Drivers/Constraints
  • As palm oil is resistant to oxidation and can be
    used in even high temperatures, it helps in
    promoting a longer shelf life of the products.
    This has facilitated its application in a number
    of products in the food industry.
  • In recent years, governments across various
    nations have taken initiatives to curb the
    consumption of trans-fat which has resulted in
    the increased use of palm oil globally.
  • There is also a high demand for palm oil in the
    consumer goods industry as a result of its fatty
    acid composition, where it is widely used for
    manufacturing soaps, detergents, lubricants,
    greases, candles, etc.
  • Moreover, palm oil is also being considered as an
    effective alternative to fossil fuels in
    transportation and energy industries. In
    addition, it is also used as an alternative to
    mineral oil in power stations for energy
    production.
  • However, as the cultivation of palm oil involves
    the felling of tropical forests or the burning of
    peatlands, this has elevated the levels of
    deforestation, particularly in South-east Asia.
    This acts as a major constraint for the growth of
    the palm oil market.
  • Read full report _at_ https//www.imarcgroup.com/palm
    -oil-processing-plant

6
Report Description and Highlights
Report Description
Application Insights Based on application,
foods represent the largest application segment
accounting for the majority of the global palm
oil market. This can be accredited to the rising
consumer preferences for healthier cooking oil in
both mature as well as emerging markets. Foods is
followed by consumer products and
energy. Regional Insights On a geographical
front, India exhibits a clear dominance in the
palm oil market. This is due to the confluence of
affordability of palm oil and various government
initiatives. It is followed by Indonesia, the
European Union, China, Malaysia, etc. Request
Sample Of The Report https//www.imarcgroup.com/r
equest?typereportid500flagB
 
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Report Description and Highlights
Report Description
  • Competitive Landscape
  • The market is highly concentrated with the
    presence of established manufacturers who compete
    in terms of prices and quality. There is an
    intense competition in the market which makes it
    difficult for new entrants to survive without any
    acquisition. Some of the leading players
    operating in the market are
  • Wilmar International
  • Sime Darby Berhad
  • IOI Corporation
  • Astra Agro Lestari
  • Kuala Lumpur Kepong Berhad
  • Golden Agri
  • Browse more related reports
  • Rice Bran Oil Market https//www.imarcgroup.com/r
    ice-bran-oil-processing-plant
  • oybean Oil Market https//www.imarcgroup.com/soyb
    ean-oil-processing-plant

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Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
9

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