On : 20 February 2024
• The global Palm Kernel Fatty Acid Distillate (PKFAD) market was valued at US$ 584.4 million in 2022 and is projected to reach US$ 680.7 million by 2029, at a CAGR of 2.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
• Palm Kernel Fatty Acid Distillate (PKFAD) is a by-product from refining crude palm oil. At room temperature, PKFAD is a light brown and semi-solid-state product of this refining process. Upon heating it melts down to a brown liquid. Palm kernel fatty acid distillate comprise mainly of free fatty acids with palmitic acid and olefin acid being the major components. The uses of PKFADs: PKFADs are increasingly used in the soup industries; as raw materials for the oleochemicals industry such as the manufacture of candles, toiletries and assorted cosmetics. PKFADs are also used by the animal feed industry. PKFADs have many other broad applications as well. It is used widely as food emulsifiers, as additives in rubber processing, the flavours and fragrance industries and pharmaceutical industries also use PKFADs intensively for their assorted formulations.
• Palm Kernel Fatty Acid Distillate Market aims to provide a comprehensive presentation of the global market for Palm Kernel Fatty Acid Distillate (PKFAD), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Palm Kernel Fatty Acid Distillate (PKFAD). Palm Kernel Fatty Acid Distillate Market contains market size and forecasts of Palm Kernel Fatty Acid Distillate (PKFAD) in global, including the following market information:
