Product Code: 978-1-68038-462-8
Palm Oil Market Growth & Trends:
The global palm oil market size is expected to reach USD 98,906.06 million by 2030, registering a CAGR of 5.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth is driven by increasing demand for food applications and eco-friendly, organic, and sustainable products. Personal care products and cosmetic industries are also major sectors accountable for the growth of products.
Palm oil is an edible oil that is derived from the mesocarp of the palm fruit. Indonesia and Malaysia are the largest producers as well as exporters of the product globally. It is extensively used in the food, cosmetic, and personal care products industries, among others. Asia pacific region is the largest consumer of palm oil owing to its key application for food preparation in the region.
The global product market is amalgamated as well as competitive in nature. It is one of the well-established companies with a developed value chain. Internationally, the product market has a resilient network of distributors, traders, and strong relationships with manufacturers. The overall product market is considered to have an extremely cohesive supply chain and increasing demand for the product for an expansive range of end-use applications comprising biodiesel, food & beverages, and personal care & cosmetics, among others.
Fractionated palm oil product segment appeared to be the largest segment in the international market, accounting for the highest share in 2022 of the global revenue of the market. This segment is the most popular due to its easy economic availability worldwide and manufacturing ease owing to 50% unsaturated and 50% fatty acid constituent nature of palm oil. The segment is expected to expand over the forecast period owing to its extensive utilization by the people.
Palm Oil Market Report Highlights:
- The conventional segment led the market with the largest revenue share of 99.06% in 2024. The organic segment is anticipated to grow at the fastest CAGR during the forecast period.
- The fractionated segment led the market with the largest revenue share of 39.23% in 2024. The crude palm oil (CPO) segment is anticipated to grow at the fastest CAGR during the forecast period.
- The food & beverages segment led the market with the largest revenue share of 65.98% in 2024. The personal care & cosmetics segment is expected to grow at the fastest CAGR during the forecast period.
- Asia Pacific dominated the palm oil market with the largest revenue share of 71.18% in 2024. The India palm oil market accounted for the largest revenue share of over 20.2% in Asia Pacific in 2024.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Global Palm Oil Market Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Outlook
- 3.2.2. Manufacturing/Nature Outlook
- 3.2.3. Sales Channel Analysis
- 3.3. Price Trend Analysis
- 3.3.1. Factors Influencing Prices
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliances
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Challenges Analysis
- 3.5.4. Market Opportunity Analysis
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Nature
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Palm Oil Market: Nature Estimates & Trend Analysis
- 4.1. Palm Oil Market: Nature Movement Analysis, 2024 & 2030
- 4.2. Organic
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 4.3. Conventional
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 5. Palm Oil Market: Product Estimates & Trend Analysis
- 5.1. Palm Oil Market: Product Movement Analysis, 2024 & 2030
- 5.2. Crude Palm Oil
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.3. RBD Palm Oil
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.4. Palm Kernel Oil
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.5. Fractionated Palm Oil
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 6. Palm Oil Market: End Use Estimates & Trend Analysis
- 6.1. Palm Oil Market: Product Movement Analysis, 2024 & 2030
- 6.2. Food & Beverage
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 6.3. Personal Care & Cosmetics
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 6.4. Biofuel & Energy
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 6.5. Pharmaceuticals
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 6.6. Others
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 7. Palm Oil Market: Regional Estimates & Trend Analysis
- 7.1. Regional Analysis, 2024 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5. U.S.
- 7.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6. Canada
- 7.2.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7. Mexico
- 7.2.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3. Europe
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5. Germany
- 7.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6. UK
- 7.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7. France
- 7.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8. Italy
- 7.3.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.9. Spain
- 7.3.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.9.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.9.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.9.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.10. Russia
- 7.3.10.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.10.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.10.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.10.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5. China
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.3. Market estimates and forecasts, by product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6. India
- 7.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7. Japan
- 7.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8. South Korea
- 7.4.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9. Malaysia
- 7.4.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.10. Indonesia
- 7.4.10.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.10.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.10.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.10.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.5. Latin America
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5. Brazil
- 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6. Argentina
- 7.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7. Colombia
- 7.5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.3.1. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.4. Saudi Arabia
- 7.6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.4.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.4.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.4.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5. South Africa
- 7.6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6. Turkey
- 7.6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.7. UAE
- 7.6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.7.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.7.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.8. Oman
- 7.6.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.8.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.8.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.8.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.9. Yemen
- 7.6.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.9.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.9.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.9.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.10. Kenya
- 7.6.10.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.10.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.10.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.10.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.11. Nigeria
- 7.6.11.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.11.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.11.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.11.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.12. Ghana
- 7.6.12.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.12.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.12.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.12.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.13. Egypt
- 7.6.13.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.13.2. Market estimates and forecasts, by nature, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.13.3. Market estimates and forecasts, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.13.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Heat Map Analysis
- 8.4. Company Market Positioning Analysis, 2024
- 8.5. Strategy Mapping
- 8.6. Company Profiles/Listing
- 8.6.1. ADM
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Nature Benchmarking
- 8.6.2. Wilmar International Ltd.
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Nature Benchmarking
- 8.6.3. Sime Darby Plantation Berhad
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Nature Benchmarking
- 8.6.4. IOI Corporation Berhad
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Nature Benchmarking
- 8.6.5. Kuala Lumpur Kepong Berhad
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Nature Benchmarking
- 8.6.6. United Plantations Berhad
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Nature Benchmarking
- 8.6.7. Kulim (Malaysia) Berhad
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Nature Benchmarking
- 8.6.8. IJM Corporation Berhad
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Nature Benchmarking
- 8.6.9. PT Sampoerna Agro, Tbk
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Nature Benchmarking
- 8.6.10. Univanich Palm Oil Public Company Ltd.
- 8.6.10.1. Company Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Nature Benchmarking
- 8.6.11. PT. Bakrie Sumatera Plantations tbk.
- 8.6.11.1. Company Overview
- 8.6.11.2. Financial Performance
- 8.6.11.3. Nature Benchmarking
- 8.6.12. Asian Agri
- 8.6.12.1. Company Overview
- 8.6.12.2. Financial Performance
- 8.6.12.3. Nature Benchmarking