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Palm Oil Market: Recent Industry Developments and Growth Strategies Adopted by Players

250 Pages Palm Oil Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Palm Oil. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Palm Oil Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Palm Oil market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Palm Oil

This newly published and insightful report sheds light on Market Insights of Palm Oil, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Palm Oil Market.

Competitive Landscape

In the following decade, manufacturers in the palm oil market will focus on strategic acquisitions, collaborations, and new launches.

  1. In June 2021, Cargill announced a $200 million investment in a new palm oil refinery in Lampung, Indonesia. The proposals will help the company expedite its efforts to build a sustainable palm supply chain and provide customers with verified deforestation-free products.
  2. Similarly, Hershey’s palm oil is used in a limited number of goods since it is adaptable and has unique properties that other edible oils lack. Palm oil, for example, contains no trans-fat and has a distinct texture and flavor when used in specialized confectionery applications.

Key Segments Covered

  • Product Type
    • Processed Palm Oil
    • Virgin Palm Oil
  • End User
    • Palm Oil Demand from Foodservices
    • Palm Oil Demand from Food Processing Industries
    • Palm Oil Demand from Retailers
  • Distribution Channel
    • Palm Oil Sales through Modern Trade Channels
    • Palm Oil Sales through Franchise Outlets
    • Palm Oil Sales through Specialty Stores
    • Palm Oil Sales through Online Channels

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Palm Oil Market- Scope of Report

A recent study by Fact.MR on the palm oil market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering palm oil.

The study also provides the dynamics responsible for influencing the future status of the palm oil market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.

A list of prominent companies operating in the palm oil market, along with their product portfolios, enhances the reliability of this comprehensive research study.

Report Summary

The research covers a wide range of topics, including production capacity, demand, product development, revenue creation, and palm oil sales around the world.

An optimistic, as well as a conservative scenario, has been used to produce a thorough estimate of the market, taking into accounts sales of palm oil over the forecast period. Price point comparison by region with global average price is also considered in the study.

Analysis on Market Size Evaluation

The market has been analyzed for each segment in terms of volume (‘000 Units) and value (US$ Mn).

Estimates at global and regional levels for palm oil are available in terms of “US$ Mn” for value and in “‘000 Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global palm oil market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the palm oil market during the forecast period.

Country-specific valuation on demand for palm oil has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

In-depth Analysis on Competition Analysis

The report sheds light on leading manufacturers of palm oil, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering palm oil has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the palm oil domain.

Fact.MR has analyzed the global palm oil market in depth, estimating it to reach US$ 33.7 Bn value by 2022-end at a moderate CAGR. The report has also made certain projections given below –

  • Europe is expected to maintain its dominant position in the palm oil market throughout the course of the forecast period. A CAGR of 4.9% from 2017 to 2022 makes it particularly appealing to key stakeholders in the palm oil market.
  • A potential opportunity of almost US$ 5 billion in 2017 alone makes North America extremely important in the palm oil market which major companies would be highly advised to take into account while planning their long-term strategies.
  • The virgin segment represents only a third of the revenue share by product type in the palm oil market and it is not anticipated to outpace the processed segment anytime soon. Europe and APEJ are the only regions that are predicted to cross US$ 2 billion by end of 2022 and companies could look at targeting them with products that cater to their requirements.
  • The retail segment is on track to comprise more than a third of the palm oil market by end use segment. Studies show that it is present in more than half of all commodities stocked on retailer store shelves. The palm oil market serves the food & beverage, cosmetics, animal foodstuff, and pharmaceutical industry.
  • The specialty store segment is only a fifth of the revenue share by distribution channel in the palm oil market but companies could try to raise the profile of these dedicated stores by committing additional resources. Specialty stores may only market products sold in the palm oil market raising the awareness of this multi-purpose natural oil.

Key Question answered in the survey of Palm Oil market report:

  • Sales and Demand of Palm Oil
  • Growth of Palm Oil Market
  • Market Analysis of Palm Oil
  • Market Insights of Palm Oil
  • Key Drivers Impacting the Palm Oil market
  • Which are the Key drivers impacted by Palm Oil market
  • Restraints Shaping Market Growth
  • Market Survey of Palm Oil

More Valuable Insights on Palm Oil Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Palm Oil, Sales and Demand of Palm Oil, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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