Global Palm Oil market cagr 6.9% by ReportPrime

Global Palm Oil market cagr 6.9%

Palm Oil Market

Palm Oil Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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Palm Oil Market Size and Growth

The global palm oil market is thriving due to increasing demand in various industries such as food, cosmetics, and biofuels. The market size is expected to reach USD 92.84 billion by 2025, with Asia Pacific dominating the market share. Sustainability issues and government regulations are key challenges facing the industry.

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Companies Covered

(Covid 19 Impact Covered)

◍ 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

◍ Indofood Agri Resources

◍ Golden Agri-Resources

◍ First Resources

◍ Sampoerna Agro

The Palm Oil market is highly competitive with key players such as FGV Holdings Berhad, IOI Group, Sime Darby Berhad, Musim Mas, Astra Agro Lestari, Bumitama Agri, Genting Group, KLK, Wilmar International, RGE, Indofood Agri, GAR, First Resources, and Sampoerna Agro. These companies contribute to the growth of the market by investing in sustainable practices, expanding their production capacities, and developing innovative products.

- FGV Holdings Berhad: $4.2 billion in sales revenue

- IOI Group: $5.2 billion in sales revenue

- Sime Darby Berhad: $6.5 billion in sales revenue

- Wilmar International: $44.4 billion in sales revenue.