Global Palm Oil Market size was valued at 75.45 million metric tons in 2020 and the total volume is expected to grow at 2.90% through 2021 to 2027, reaching nearly 92.17 million metric tons.To know about the Research Methodology :- Request Free Sample Report
Global Palm Oil Market Overview:
Palm oil is generally known as vegetable oil which is extracted from oil palms and used in various consumer goods and production. Palm oil is also being used for processed food and biofuel. Palm Oil demand has increased hence the production has ramped up by palm oil-producing countries like Indonesia and Malaysia out of which Indonesia recorded 43.5million thousand metric tons by putting them leading producer of Palm oil globally. Malaysia is the second-largest palm oil producer in the world with occupying headquarter of major palm oil companies. 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020's market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.Global Palm Oil Market Dynamics:
Global demand for palm oil is primarily for the production of vegetable oil and consumption-based demand which drives the global palm oil market. Palm oil is considered to be one of the most used edible oil globally hence major producer of palm oil has been on a sharp schedule to meet the global demand. Palm oil is generally used for food production, Cooling/frying oil, shortenings, and margarine and confectionery fats. These products have high demand in the consumer market which leads the palm oil market to be booming. Apart from oil, Palm oil waste like palm shells, mesocarp fibers, empty fruit bunches, oil palm fronds, and oil palm trunks are being used in medium-density fiberboard, particleboard, Pulp, and paper, plastic composite, and bioenergy. Oil pal biomass is a great alternative for wood in various applications. Currently, palm oil has a huge demand for biofuels alternatives as the majority of countries are moving towards the sustainable option of using biofuels to reduce carbon footprint. Biodiesel adoption in various countries is causing high demand for palm oil. Palm oil is also used in fertilizer in various applications. Palm trees consider being most versatile to be used in various applications. Sustainable farming norms are being set up for alternatives for deforestation is to reduce the adverse impact of this industry and creating a more viable option for the palm oil industry to grow.Restraints, Deforestation is the main concern as vast land is being taken down to meet the high demand globally, which is creating a negative impact on this industry.
Global Palm Oil Market Segment Analysis:
By Type, Crude palm oil dominating the global palm oil market by type segment with 58.3% of revenue share. Crude palm oil is used for cooking, manufacturing pre-packaged food, Cosmetics, and personal care items which are generally in high demand in consumer goods. To meet high demand crude palm oil production needs to be constant for other depending products to be made in stipulated time. Kernel palm oil accounted for 23% of the market share which is generally used for feedstock and biofuel which is forecasted the boost the sale of kernel palm oil globally.By Application, Food application is the dominating segment ion the global palm oil industry as palm oil is majorly used as cooking oil, industrial frying fats, margarine, vegetable ghee, Confectionary fat, ice cream, nondairy creamer, salad dressing, cheese analogs, supplements, and vitamins. Such a vast product line of which the raw material is palm oil creates high demand globally. Oleochemicals products like cosmetics, personal care, surfactants, agrochemicals, lubricants have relatively less demand in comparison with food application-based demand. In recent years, palm oil is being in used as biofuel and biodiesel which sparked the demand in environmentally conscious countries.
The Asia Pacific dominates the entire global palm oil market majority share from Indonesia and Malaysia. Indonesia individually holds 43.5 million metric tons. Indonesia and Malaysia are the largest exporters of palm oil, shipping out a total of 45.8 million metric tons combined for the year 2020-21. India is the largest importer of palm oil with a value of US$ 5.5 billion in 2020 The United States has imported over one billion dollars worth of palm oil. The European region has also experienced an increase in palm oil consumption. Certified sustainable palm oil plantation is being carried out by many producing countries over environmental concerns. Indonesia expand its efforts in sustainable oil plantation with 2 million hectors certified plantation. Latin America has planted 340 thousand hectares of oil palm trees which have sustainable certification. The objective of the report is to present a comprehensive analysis of the Global Palm Oil market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Palm Oil market dynamics, structure by analyzing the market segments and project the Global Palm Oil market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Palm Oil market make the report investor’s guide.
Global Palm Oil Market Regional Insights:
Global Palm Oil Market Scope: Inquire before buying
Global Palm Oil Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 75.45 million metric tons. Forecast Period 2021 to 2027 CAGR: 2.90 % Market Size in 2027: US $ 92.17 million metric tons. Segments Covered: by Type • Crude Palm Oil • Palm Kernel Oil by Application • Skin Care • Hair Care • Oral Care • Cosmetics • Others Global Palm Oil Market, by Region
• North America • Europe • Asia Pacific • The Middle East and Africa • South AmericaGlobal Palm Oil Market Key Players
• Wilmar • IOI Corporation • Kuala Lumpur Kepong • Asiatic Development • London Sumatra • Boustead • United Plantations Bhd • Asian Agri • PT Dharma Satya Nusantara Tbk • Sime Darby FAQ 1] What segments are covered in the Global Palm Oil Market report? Ans. The segments covered in the Global Palm Oil Market report are based on Product Type, Application 2] Which region is expected to hold the highest share in the Global Palm Oil Market? Ans. Asia Pacific Region is expected to hold the highest share in the Global Palm Oil Market. 3] What is the market size of the Global Palm Oil Market by 2027? Ans. The market size of the Global Palm Oil Market by 2027 is the US $ 92.17mn metric ton 4] Who are the top key players in the Global Palm Oil Market? Ans. Wilmar, Sime Darby, IOI Corporation, Kuala Lumpur Kepong, Asiatic Development, London Sumatra, Boustead, United Plantations Bhd, Asian Agri, and PT Dharma Satya Nusantara Tbk 5] What was the market size of the Global Palm Oil Market in 2020? Ans. The market size of the Global Palm Oil Market in 2020 was the US $ 75.45mn metric ton.
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Organic Personal Care Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Organic Personal Care Market Analysis and Forecast 7. Global Organic Personal Care Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Organic Personal Care Market Value Share Analysis, by Application 7.4. Global Organic Personal Care Market Size (US$ Mn) Forecast, by Application 7.5. Global Organic Personal Care Market Analysis, by Application 7.6. Global Organic Personal Care Market Attractiveness Analysis, by Application 8. Global Organic Personal Care Market Analysis 8.1. Key Findings 8.2. Global Organic Personal Care Market Overview 8.3. Global Organic Personal Care Market Value Share Analysis, by Application 8.4. Global Organic Personal Care Market Forecast, by Application 8.4.1. Skin Care 8.4.2. Hair Care 8.4.3. Oral Care 8.4.4. Cosmetics 8.4.5. Others 8.5. PEST Analysis 8.6. Key Trends 8.7. Key Developments 9. North-America Organic Personal Care Market Analysis 9.1. Key Findings 9.2. North-America Organic Personal Care Market Overview 9.3. North-America Organic Personal Care Market Value Share Analysis, by Application 9.4. North-America Organic Personal Care Market Forecast, by Application 9.4.1. Skin Care 9.4.2. Hair Care 9.4.3. Oral Care 9.4.4. Cosmetics 9.4.5. Others 9.5. North-America Organic Personal Care Market Forecast, by Country 9.5.1. US 9.5.2. Canada 9.6. US Organic Personal Care Market Forecast, by Application 9.6.1. Skin Care 9.6.2. Hair Care 9.6.3. Oral Care 9.6.4. Cosmetics 9.6.5. Others 9.7. Canada Organic Personal Care Market Forecast, by Application 9.7.1. Skin Care 9.7.2. Hair Care 9.7.3. Oral Care 9.7.4. Cosmetics 9.7.5. Others 9.8. PEST Analysis 9.9. Key Trends 9.10. Key Developments 10. Europe Organic Personal Care Market Analysis 10.1. Key Findings 10.2. Europe Organic Personal Care Market Overview 10.3. Europe Organic Personal Care Market Value Share Analysis, by Application 10.4. Europe Organic Personal Care Market Forecast, by Application 10.4.1. Skin Care 10.4.2. Hair Care 10.4.3. Oral Care 10.4.4. Cosmetics 10.4.5. Others 10.5. Europe Organic Personal Care Market Forecast, by Country 10.5.1. UK 10.5.2. France 10.5.3. Germany 10.5.4. Russia 10.5.5. Italy 10.5.6. Rest of Europe 10.6. UK Organic Personal Care Market Forecast, by Application 10.6.1. Skin Care 10.6.2. Hair Care 10.6.3. Oral Care 10.6.4. Cosmetics 10.6.5. Others 10.7. France Organic Personal Care Market Forecast, by Application 10.7.1. Skin Care 10.7.2. Hair Care 10.7.3. Oral Care 10.7.4. Cosmetics 10.7.5. Others 10.8. Germany Organic Personal Care Market Forecast, by Application 10.8.1. Skin Care 10.8.2. Hair Care 10.8.3. Oral Care 10.8.4. Cosmetics 10.8.5. Others 10.9. Russia Organic Personal Care Market Forecast, by Application 10.9.1. Skin Care 10.9.2. Hair Care 10.9.3. Oral Care 10.9.4. Cosmetics 10.9.5. Others 10.10. Italy Organic Personal Care Market Forecast, by Application 10.10.1. Skin Care 10.10.2. Hair Care 10.10.3. Oral Care 10.10.4. Cosmetics 10.10.5. Others 10.11. Spain Organic Personal Care Market Forecast, by Application 10.11.1. Skin Care 10.11.2. Hair Care 10.11.3. Oral Care 10.11.4. Cosmetics 10.11.5. Others 10.12. Rest of Europe Organic Personal Care Market Forecast, by Application 10.12.1. Skin Care 10.12.2. Hair Care 10.12.3. Oral Care 10.12.4. Cosmetics 10.12.5. Others 10.13. PEST Analysis 10.14. Key Trends 10.15. Key Developments 11. Asia-Pacific Organic Personal Care Market Analysis 11.1. Key Findings 11.2. Asia-Pacific Organic Personal Care Market Overview 11.3. Asia-Pacific Organic Personal Care Market Value Share Analysis, by Application 11.4. Asia-Pacific Organic Personal Care Market Forecast, by Application 11.4.1. Skin Care 11.4.2. Hair Care 11.4.3. Oral Care 11.4.4. Cosmetics 11.4.5. Others 11.5. Asia-Pacific Organic Personal Care Market Forecast, by Country 11.5.1. China 11.5.2. India 11.5.3. Japan 11.5.4. Malaysia 11.5.5. Indonesia 11.5.6. Rest of Asia-Pacific 11.6. China Organic Personal Care Market Forecast, by Application 11.6.1. Skin Care 11.6.2. Hair Care 11.6.3. Oral Care 11.6.4. Cosmetics 11.6.5. Others 11.7. India Organic Personal Care Market Forecast, by Application 11.7.1. Skin Care 11.7.2. Hair Care 11.7.3. Oral Care 11.7.4. Cosmetics 11.7.5. Others 11.8. Japan Organic Personal Care Market Forecast, by Application 11.8.1. Skin Care 11.8.2. Hair Care 11.8.3. Oral Care 11.8.4. Cosmetics 11.8.5. Others 11.9. Malaysia Organic Personal Care Market Forecast, by Application 11.9.1. Skin Care 11.9.2. Hair Care 11.9.3. Oral Care 11.9.4. Cosmetics 11.9.5. Others 11.10. Indonesia Organic Personal Care Market Forecast, by Application 11.10.1. Skin Care 11.10.2. Hair Care 11.10.3. Oral Care 11.10.4. Cosmetics 11.10.5. Others 11.11. Rest of Asia-Pacific Organic Personal Care Market Forecast, by Application 11.11.1. Skin Care 11.11.2. Hair Care 11.11.3. Oral Care 11.11.4. Cosmetics 11.11.5. Others 11.12. PEST Analysis 11.13. Key Trends 11.14. Key Developments 12. MEA & Africa Organic Personal Care Market Analysis 12.1. Key Findings 12.2. MEA &Africa Organic Personal Care Market Overview 12.3. MEA &Africa Organic Personal Care Market Value Share Analysis, by Application 12.4. MEA &Africa Organic Personal Care Market Forecast, by Application 12.4.1. Skin Care 12.4.2. Hair Care 12.4.3. Oral Care 12.4.4. Cosmetics 12.4.5. Others 12.5. MEA &Africa Organic Personal Care Market Forecast, by Country 12.5.1. GCC 12.5.2. South Africa 12.5.3. Rest of MEA & Africa 12.6. GCC Organic Personal Care Market Forecast, by Application 12.6.1. Skin Care 12.6.2. Hair Care 12.6.3. Oral Care 12.6.4. Cosmetics 12.6.5. Others 12.7. South Africa Organic Personal Care Market Forecast, by Application 12.7.1. Skin Care 12.7.2. Hair Care 12.7.3. Oral Care 12.7.4. Cosmetics 12.7.5. Others 12.8. Rest of MEA &Africa Organic Personal Care Market Forecast, by Application 12.8.1. Skin Care 12.8.2. Hair Care 12.8.3. Oral Care 12.8.4. Cosmetics 12.8.5. Others 12.9. PEST Analysis 12.10. Key Trends 12.11. Key Developments 13. Latin America Organic Personal Care Market Analysis 13.1. Key Findings 13.2. Latin America Organic Personal Care Market Overview 13.3. Latin America Organic Personal Care Market Value Share Analysis, by Application 13.4. Latin America Organic Personal Care Market Forecast, by Application 13.4.1. Skin Care 13.4.2. Hair Care 13.4.3. Oral Care 13.4.4. Cosmetics 13.4.5. Others 13.5. Latin America Organic Personal Care Market Forecast, by Country 13.5.1. Mexico 13.5.2. Brazil 13.5.3. Rest of Latin America 13.6. Mexico Organic Personal Care Market Forecast, by Application 13.6.1. Skin Care 13.6.2. Hair Care 13.6.3. Oral Care 13.6.4. Cosmetics 13.6.5. Others 13.7. Brazil Organic Personal Care Market Forecast, by Application 13.7.1. Skin Care 13.7.2. Hair Care 13.7.3. Oral Care 13.7.4. Cosmetics 13.7.5. Others 13.8. Rest of Latin America Organic Personal Care Market Forecast, by Application 13.8.1. Skin Care 13.8.2. Hair Care 13.8.3. Oral Care 13.8.4. Cosmetics 13.8.5. Others 13.9. PEST Analysis 13.10. Key Trends 13.11. Key Developments 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Market Share Analysis, by Region 14.3. Market Share Analysis, by Country 14.4. Competition Matrix 14.4.1. Competitive Benchmarking of key players by price, presence, market share, Distribution Channel and R&D investment 14.4.2. New Product Launches and Product Enhancements 14.4.3. Market Consolidation 14.4.3.1. M&A by Regions, Investment and Distribution Channel 14.4.3.2. M&A Key Players, Forward Integration and Backward Integration 14.5. Company Profiles: Key Players 14.5.1. The Body Shop International PLC 14.5.2. The Hain Celestial Group 14.5.3. Yves Rocher 14.5.4. The Estée Lauder Companies Inc. 14.5.5. Amway Corporation 14.5.6. Bare Escentuals Beauty, Inc. 14.5.7. Arbonne International LLC 14.5.8. Natura Cosméticos S.A. 14.5.9. L'Occitane en Provence 14.5.10. Aveda Corporation 14.5.11. Burt’s Bees 15. Primary Key Insights.