Palm Oil Market Report and Outlook 2017-2022
According to a new report by Expert Market Research, the global palm oil market reached a consumption volume of 69 Million Tons in 2016 and is further expected to reach 101 Million Tons by 2022. Read complete report here: http://www.expertmarketresearch.com/reports/palm-oil-market
According to a new report by Expert Market Research, the global palm oil market reached a consumption volume of 69 Million Tons in 2016 and is further expected to reach 101 Million Tons by 2022. Read complete report here: http://www.expertmarketresearch.com/reports/palm-oil-market
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REPORT DESCRIPTION<br />
Key findings from the report:<br />
• <strong>Palm</strong> oil serves a number of application domains which include food, consumer products <strong>and</strong><br />
energy. Majority of the palm oil is used by the food industry followed by consumer products <strong>and</strong><br />
energy.<br />
• In 2016, Indonesia <strong>and</strong> Malaysia represented the largest global producers of palm oil <strong>and</strong> together<br />
accounted for the majority of the total global production.<br />
• India was the largest consumer of the palm oil <strong>and</strong> accounted for more than one-fifth of the total<br />
global palm oil consumption. India was followed by Indonesia, China, the European Union <strong>and</strong><br />
Malaysia.<br />
• Being consolidated in nature, the global palm oil market is surrounded by a number of dominant<br />
players, namely, Wilmar International, Sime Darby Bhd, IOI Corporation, Astra Agro, KL Kepong <strong>and</strong><br />
Golden Agri.<br />
• Manufacturers are shifting their focus to produce high-value products using sustainable ways of<br />
production.<br />
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link: http://www.expertmarketresearch.com/request?type=report&id=64&flag=B