Global Palm Oil Market Size to Surpass USD 68161.33 million by 2028

Global Palm Oil Market Size to Surpass USD 68161.33 million by 2028

Global Palm Oil Market report enlightens key trends and factors that play an important role in the business area. The report is offered to propose important features in the news and continuous updates in the corporate space that play an important role in developing the global market both earlier and through the years.

Global Palm Oil Market Size was estimated at USD 47800 million in 2021 and is projected to reach USD 68161.33 million by 2028, exhibiting a CAGR of 5.11% during the forecast period.

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A comprehensive list of following key market players included in this report:

FGV Holdings Berhad

IOI Group

Sime Darby Berhad

Musim Mas

Astra Agro Lestari

Bumitama Agri

Genting Group

Kuala Lumpur Kepong Berhad (KLK)

Wilmar International

Royal Golden Eagle

The detailed segments and sub-segment of the market are explained below:

By Type, Palm Oil market has been segmented into:

Crude Palm Oil

Palm Olein

By Application, Palm Oil market has been segmented into:

Food Industry



Cosmetics Industry


Regions and Countries Level Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

South America (Brazil, Argentina, Rest of SA)

Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)


Q1. What Will be Palm Oil Market growth till forecast?

Answer: Palm Oil Market to reach USD 68161.33 million by 2028.

Q2. What is the estimated CAGR of Palm Oil Market by 2028?

Answer: Palm Oil Market will grow at CAGR of 5.11% by 2028.

Q3. Which are the Key Players in Global Palm Oil Market?

Answer: FGV Holdings Berhad, IOI Group, Sime Darby Berhad, Musim Mas and more.

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About the author

Ashwin Naphade

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interests also cover the game of cricket (seeing as well as playing) and movies ( a typical bollywood buff).