According to a recent report published by Grand View Research, Inc., the global palm oil market size is projected to reach approximately USD 100.4 billion by the year 2030, growing at a compound annual growth rate (CAGR) of 5.1% between 2024 and 2030. This consistent market growth is primarily attributed to the rising demand for palm oil in food-related applications, as well as the...

Global Palm Oil Market – Growth, Trends, and Future Outlook 1. Introduction The global palm oil market has emerged as one of the most dynamic and influential segments within the global edible oils industry. Derived primarily from the fruit of the oil palm tree (Elaeis guineensis), palm oil is the most widely consumed vegetable oil in the world. Its versatility, high yield per...