Global Palm Kernel Oils Market Overview:
Palm kernel oil is obtained through the decontamination process from the raw and unprocessed red pulp of the palm fruit, known as crude palm oil. This versatile oil plays a significant role in the preparation of chocolate, butter, ice cream, and various bakery items. It finds applications in the cosmetic industry and commercial cooking due to its affordability and durability. Primary users include those in farming, the industrial sector, and cooking oil production. and Crude palm oil is derived both from farming activities and the cultivation of palm oil seeds. Palm kernel oil, characterized by its gelatinous state at room temperature and stability at high cooking temperatures, is utilized not only in culinary endeavors but also in the production of lotions, cosmetic creams, soaps, and more. The widespread use of palm kernel oil has generated substantial demand, particularly in the meat product sector, contributing to the growth of the palm kernel oil market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Competitive Landscape:
Some of the key players profiled in the report are Wilmar International Limited (Singapore), Golden Agri-Resources Limited (Singapore), IOI Corporation Berhad (Malaysia), Cargill Incorporated (United States), Bunge Limited (Switzerland), Olam International Limited (Singapore), Sime Darby Berhad (Malaysia), PT Musim Mas (Indonesia), New Hope Group (China), ADM (Archer Daniels Midland Company) (United States) and POSCO International (South Korea). Additionally, following companies can also be profiled that are part of our coverage like Apical Group (Indonesia), Fuji Oil Holdings Co., Ltd. (Japan), Yihai Kerry Arawana Holdings Co., Ltd. (China) and Louis Dreyfus Commodities (France). Considering Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Palm Kernel Oils market.
What Can be Explored with the Palm Kernel Oils Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Palm Kernel Oils Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Palm Kernel Oils
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Palm Kernel Oils market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Palm Kernel Oils market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.