Palm Oil Market Globally Expected to Drive Growth through 2022

Posted by ankush Nikam on November 29th, 2019

Ongoing efforts to achieve complete transparency and sustainability in the palm oil supply chain is expected to prominently influence the growth of the palm oil market. According to the report published by Fact.MR, the palm oil market is projected to grow at a moderate pace while representing a CAGR of 3.9% during the forecast period 2017-2022.

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The report focuses on the palm oil market performance in the food and beverage sector which captures the major share among other end users such as biofuel and pharmaceutical. Demand for palm oil in the global food and beverage sector is expected to report over US$ 33 billion revenue generation by 2022 end.

The Palm Oil market study outlines the key regions – North America, Latin America, Europe, CIS & Russia, Japan – alongwith the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are American Vegetable Oils, Cargill Inc., Grief Inc., Fuji Oil Holdings, Bunge Limited, Associated British Foods and Ruchi Soya Industries..

The Palm Oil market report addresses the below-mentioned queries:
•    Why are vendors shifting away from traditional methods of manufacturing Palm Oil?
•    How does the global Palm Oil market looks like in the next five years?
•    Which end use industry is expected to surpass segment by the end of 2029?
•    What innovative products are being introduced by the players in the global Palm Oil market?
•    Which regions are showing the fastest market growth?

On the basis of product, the Palm Oil market study consists of
•    Processed
•    Virgin

On the basis of end use, the Palm Oil market study incorporates:
•    Foodservice
•    Food Processor
•    Retail

Crucial insights in the Palm Oil market research:
•    Underlying macro- and microeconomic factors impacting the growth of the Palm Oil market.
•    Basic overview of the Palm Oil, including market definition, classification, and applications.
•    Scrutinization of each Palm Oil market player based on mergers & acquisitions, R&D projects, and product launches.
•    Adoption trend of Palm Oil across various industries.
•    Important regions and countries offering lucrative opportunities to Palm Oil market stakeholders.