Palm Oil Market Growth, Trends, Segment To 2022: Grand View Research, Inc.

List of FiguresFIG. 1 Palm oil derivatives market segmentationFIG. 2 Palm oil derivatives market volume and revenue, 2012 - 2022 (Million tons) (USDMillion)FIG. 3 Palm oil derivatives value chain analysisFIG. 4 Palm oil derivatives application by finished goods categoryFIG. 5 Comparative price analysis of silicon (USD per lbs) and coal (USD per ton)FIG. 6 Palm oil derivatives market dynamicsFIG. 7 Annual bio-diesel yieldFIG. 8 Palm oil imports to U.S.FIG. 9 Key opportunities prioritizedFIG. 10 Palm oil derivatives - Porter’s analysisFIG. 12 Palm oil derivatives PESTEL analysisFIG. 13 Global palm oil derivatives market share by product, 2014& 2022FIG. 14 Global palm oil derivatives market share by application, 2014 & 2022FIG. 15 Global palm oil derivatives market share by region, 2014 & 2022Further key findings from the study suggest:Global palm oil market demand was 74.01 million tons in 2014 and is expected to reach128.20 million tons by 2022, growing at a CAGR of 7.3% from 2014 to 2022.Palm oil is widely used for cooking application and this application accounted for over65% of total consumption in 2014. Growing disposable income level coupled with largeplantations of palm particularly in South East Asia is expected to drive this segment overthe forecast period. Biodiesel is expected to witness the highest growth of 8.8% from2015 to 2022. Rapid expansion of global bio-fuel industry in order to reduce reliance onconventional fuels is expected to drive this segment over the next six years.Asia Pacific was the largest palm oil consumer and accounted for over 65% of totalmarket volume in 2014. Availability of key raw material in abundance coupled withgrowing disposable income levels in China, India and Indonesia is expected to drive theregional market. India is one of the largest palm oil importers in the world. Central &South American market is estimated to witness the highest growth of 8.0% from 2015 to2022. Factors such as high demand from the food industry as well regulationsencouraging bio-fuel blending can be attributed for the regional growth.The global industry is characterized by companies taking strong steps to increase theirproduction capacity and abide by the environmental regulations governing palm oilproduction. Key industry participants include Cargill Inc., Wilmar International Ltd.,Godrej Agrovet Ltd., ADM, IOI Corp., London Sumatra and Sime Darby. Keycompanies operating the market have been taking critical steps to develop their productline and increase their production capacity to cater to the emerging markets.