Palm Oil Market Breakout On The Basis Of Product, Application ,Region And Forecast To 2022 : Grand View Research Inc.
San Francisco, 24 October 2019: The Report Palm Oil Market Size, Share & Trends Analysis Report By Product (Crude Palm Oil, Palm Kernel Oil), By Application (Edible Oil, Cosmetics, Biodiesel, Lubricants), By Region, And Segment Forecast, 2012 – 2022 In 2014, global palm oil market was valued at USD 57.56 billion. The market is poised for growth owing to the increasing demand from the various end-use industries. Government and other correlated organizations across many countries have taken measures to limit the trans-fat intake over the past few years. Protocols regarding increased utilization of palm oil in the form of biodiesel as well as fuel mixing with bio-based fuel has gained recognition in recent past. Technologies and research & development initiatives to create viable means of production offer immense prospects for the industry participants. Meting out operations to deliver products with a high value offer huge opportunities for growth of global palm oil