Summary

The global market for Palm Oil was estimated to be worth US$ 75917 million in 2024 and is forecast to a readjusted size of US$ 100463 million by 2031 with a CAGR of 4.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Palm Oil cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global palm oil production was 80.34 million tons, with an average product price of approximately US$950 per ton.
Palm oil is one of the world's most produced and consumed oils. This cheap, production-efficient and highly stable oil is used in a wide variety of food, cosmetic and hygiene products, and can be used as source for bio-fuel or biodiesel. Most palm oil is produced in Asia, Africa and South America because the trees require warm temperatures, sunshine and plenty of rain in order to maximize production.

The growth of the palm oil market is primarily driven by the rising global population and the upgrading of consumption patterns, which together expand the demand for food products. In many developing countries, palm oil is a major edible oil source due to its relatively low cost and stable supply. Its extensive use in bakery, instant food, dairy substitutes, and snack processing continues to boost demand. Another strong driver comes from renewable energy policies, as many countries promote the use of palm oil-based biodiesel to reduce dependence on fossil fuels and address climate change, significantly increasing industrial consumption. The expansion of personal care and household product markets also supports greater use of palm oil and its derivatives. In addition, improvements in plantation technology, capacity expansion in major producing countries such as Indonesia and Malaysia, enhanced international trade, and the downstream industries’ need for reliable oil supplies all contribute to market growth. Overall, steady demand from the food sector, the trend of energy transition, and diversified downstream applications form the core driving forces of the palm oil market.

Global Palm Oil key players include Felda Global Ventures, IOI, Sime Darby Berhad, Musim Mas, Astra Agro Lestari, etc. Global top five manufacturers hold a share over 5%. Southeast Asia is the largest market, with a share over 30%, followed by Middle East & Africa and India, both have a share over 30% percent. In terms of product, Crude Palm Oil is the largest segment, with a share over 70%. And in terms of application, the largest application is Foods, followed by Bio-Diesel and Surfactants.
This report aims to provide a comprehensive presentation of the global market for Palm Oil, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Palm Oil by region & country, by Type, and by Application.
The Palm Oil market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Oil.

Market Segmentation
By Company
Wilmar International
IOI Group
Sime Darby Berhad
Kuala Lumpur Kepong Berhad (KLK)
FGV Holdings Berhad
Genting Plantations Bhd
Musim Mas
Astra Agro Lestari
Bumitama Agri
Royal Golden Eagle
Indofood Agri Resources
Golden Agri-Resources
First Resources
Sampoerna Agro
United Plantations Berhad
Kulim (Malaysia) Berhad
New Britain Palm Oil Limited
Cargill
SIPEF Group
Segment by Type
Crude Palm Oil (CPO)
Crude Palm Kernel Oil (CPKO)
Segment by Application
Food Industry
Bio-Diesel
Cosmetics Industry
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Palm Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Palm Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Palm Oil in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

ページTOPに戻る

Table of Contents

1 Market Overview
1.1 Palm Oil Product Introduction
1.2 Global Palm Oil Market Size Forecast
1.2.1 Global Palm Oil Sales Value (2020-2031)
1.2.2 Global Palm Oil Sales Volume (2020-2031)
1.2.3 Global Palm Oil Sales Price (2020-2031)
1.3 Palm Oil Market Trends & Drivers
1.3.1 Palm Oil Industry Trends
1.3.2 Palm Oil Market Drivers & Opportunity
1.3.3 Palm Oil Market Challenges
1.3.4 Palm Oil Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Palm Oil Players Revenue Ranking (2024)
2.2 Global Palm Oil Revenue by Company (2020-2025)
2.3 Global Palm Oil Players Sales Volume Ranking (2024)
2.4 Global Palm Oil Sales Volume by Company Players (2020-2025)
2.5 Global Palm Oil Average Price by Company (2020-2025)
2.6 Key Manufacturers Palm Oil Manufacturing Base and Headquarters
2.7 Key Manufacturers Palm Oil Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Palm Oil
2.9 Palm Oil Market Competitive Analysis
2.9.1 Palm Oil Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Palm Oil Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Palm Oil as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Crude Palm Oil (CPO)
3.1.2 Crude Palm Kernel Oil (CPKO)
3.2 Global Palm Oil Sales Value by Type
3.2.1 Global Palm Oil Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Palm Oil Sales Value, by Type (2020-2031)
3.2.3 Global Palm Oil Sales Value, by Type (%) (2020-2031)
3.3 Global Palm Oil Sales Volume by Type
3.3.1 Global Palm Oil Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Palm Oil Sales Volume, by Type (2020-2031)
3.3.3 Global Palm Oil Sales Volume, by Type (%) (2020-2031)
3.4 Global Palm Oil Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Food Industry
4.1.2 Bio-Diesel
4.1.3 Cosmetics Industry
4.1.4 Others
4.2 Global Palm Oil Sales Value by Application
4.2.1 Global Palm Oil Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Palm Oil Sales Value, by Application (2020-2031)
4.2.3 Global Palm Oil Sales Value, by Application (%) (2020-2031)
4.3 Global Palm Oil Sales Volume by Application
4.3.1 Global Palm Oil Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Palm Oil Sales Volume, by Application (2020-2031)
4.3.3 Global Palm Oil Sales Volume, by Application (%) (2020-2031)
4.4 Global Palm Oil Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Palm Oil Sales Value by Region
5.1.1 Global Palm Oil Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Palm Oil Sales Value by Region (2020-2025)
5.1.3 Global Palm Oil Sales Value by Region (2026-2031)
5.1.4 Global Palm Oil Sales Value by Region (%), (2020-2031)
5.2 Global Palm Oil Sales Volume by Region
5.2.1 Global Palm Oil Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Palm Oil Sales Volume by Region (2020-2025)
5.2.3 Global Palm Oil Sales Volume by Region (2026-2031)
5.2.4 Global Palm Oil Sales Volume by Region (%), (2020-2031)
5.3 Global Palm Oil Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Palm Oil Sales Value, 2020-2031
5.4.2 North America Palm Oil Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Palm Oil Sales Value, 2020-2031
5.5.2 Europe Palm Oil Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Palm Oil Sales Value, 2020-2031
5.6.2 Asia Pacific Palm Oil Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Palm Oil Sales Value, 2020-2031
5.7.2 South America Palm Oil Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Palm Oil Sales Value, 2020-2031
5.8.2 Middle East & Africa Palm Oil Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Palm Oil Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Palm Oil Sales Value and Sales Volume
6.2.1 Key Countries/Regions Palm Oil Sales Value, 2020-2031
6.2.2 Key Countries/Regions Palm Oil Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Palm Oil Sales Value, 2020-2031
6.3.2 United States Palm Oil Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Palm Oil Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Palm Oil Sales Value, 2020-2031
6.4.2 Europe Palm Oil Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Palm Oil Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Palm Oil Sales Value, 2020-2031
6.5.2 China Palm Oil Sales Value by Type (%), 2024 VS 2031
6.5.3 China Palm Oil Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Palm Oil Sales Value, 2020-2031
6.6.2 Japan Palm Oil Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Palm Oil Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Palm Oil Sales Value, 2020-2031
6.7.2 South Korea Palm Oil Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Palm Oil Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Palm Oil Sales Value, 2020-2031
6.8.2 Southeast Asia Palm Oil Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Palm Oil Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Palm Oil Sales Value, 2020-2031
6.9.2 India Palm Oil Sales Value by Type (%), 2024 VS 2031
6.9.3 India Palm Oil Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Wilmar International
7.1.1 Wilmar International Company Information
7.1.2 Wilmar International Introduction and Business Overview
7.1.3 Wilmar International Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Wilmar International Palm Oil Product Offerings
7.1.5 Wilmar International Recent Development
7.2 IOI Group
7.2.1 IOI Group Company Information
7.2.2 IOI Group Introduction and Business Overview
7.2.3 IOI Group Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 IOI Group Palm Oil Product Offerings
7.2.5 IOI Group Recent Development
7.3 Sime Darby Berhad
7.3.1 Sime Darby Berhad Company Information
7.3.2 Sime Darby Berhad Introduction and Business Overview
7.3.3 Sime Darby Berhad Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Sime Darby Berhad Palm Oil Product Offerings
7.3.5 Sime Darby Berhad Recent Development
7.4 Kuala Lumpur Kepong Berhad (KLK)
7.4.1 Kuala Lumpur Kepong Berhad (KLK) Company Information
7.4.2 Kuala Lumpur Kepong Berhad (KLK) Introduction and Business Overview
7.4.3 Kuala Lumpur Kepong Berhad (KLK) Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Kuala Lumpur Kepong Berhad (KLK) Palm Oil Product Offerings
7.4.5 Kuala Lumpur Kepong Berhad (KLK) Recent Development
7.5 FGV Holdings Berhad
7.5.1 FGV Holdings Berhad Company Information
7.5.2 FGV Holdings Berhad Introduction and Business Overview
7.5.3 FGV Holdings Berhad Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 FGV Holdings Berhad Palm Oil Product Offerings
7.5.5 FGV Holdings Berhad Recent Development
7.6 Genting Plantations Bhd
7.6.1 Genting Plantations Bhd Company Information
7.6.2 Genting Plantations Bhd Introduction and Business Overview
7.6.3 Genting Plantations Bhd Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Genting Plantations Bhd Palm Oil Product Offerings
7.6.5 Genting Plantations Bhd Recent Development
7.7 Musim Mas
7.7.1 Musim Mas Company Information
7.7.2 Musim Mas Introduction and Business Overview
7.7.3 Musim Mas Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Musim Mas Palm Oil Product Offerings
7.7.5 Musim Mas Recent Development
7.8 Astra Agro Lestari
7.8.1 Astra Agro Lestari Company Information
7.8.2 Astra Agro Lestari Introduction and Business Overview
7.8.3 Astra Agro Lestari Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Astra Agro Lestari Palm Oil Product Offerings
7.8.5 Astra Agro Lestari Recent Development
7.9 Bumitama Agri
7.9.1 Bumitama Agri Company Information
7.9.2 Bumitama Agri Introduction and Business Overview
7.9.3 Bumitama Agri Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Bumitama Agri Palm Oil Product Offerings
7.9.5 Bumitama Agri Recent Development
7.10 Royal Golden Eagle
7.10.1 Royal Golden Eagle Company Information
7.10.2 Royal Golden Eagle Introduction and Business Overview
7.10.3 Royal Golden Eagle Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Royal Golden Eagle Palm Oil Product Offerings
7.10.5 Royal Golden Eagle Recent Development
7.11 Indofood Agri Resources
7.11.1 Indofood Agri Resources Company Information
7.11.2 Indofood Agri Resources Introduction and Business Overview
7.11.3 Indofood Agri Resources Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Indofood Agri Resources Palm Oil Product Offerings
7.11.5 Indofood Agri Resources Recent Development
7.12 Golden Agri-Resources
7.12.1 Golden Agri-Resources Company Information
7.12.2 Golden Agri-Resources Introduction and Business Overview
7.12.3 Golden Agri-Resources Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Golden Agri-Resources Palm Oil Product Offerings
7.12.5 Golden Agri-Resources Recent Development
7.13 First Resources
7.13.1 First Resources Company Information
7.13.2 First Resources Introduction and Business Overview
7.13.3 First Resources Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 First Resources Palm Oil Product Offerings
7.13.5 First Resources Recent Development
7.14 Sampoerna Agro
7.14.1 Sampoerna Agro Company Information
7.14.2 Sampoerna Agro Introduction and Business Overview
7.14.3 Sampoerna Agro Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Sampoerna Agro Palm Oil Product Offerings
7.14.5 Sampoerna Agro Recent Development
7.15 United Plantations Berhad
7.15.1 United Plantations Berhad Company Information
7.15.2 United Plantations Berhad Introduction and Business Overview
7.15.3 United Plantations Berhad Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 United Plantations Berhad Palm Oil Product Offerings
7.15.5 United Plantations Berhad Recent Development
7.16 Kulim (Malaysia) Berhad
7.16.1 Kulim (Malaysia) Berhad Company Information
7.16.2 Kulim (Malaysia) Berhad Introduction and Business Overview
7.16.3 Kulim (Malaysia) Berhad Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Kulim (Malaysia) Berhad Palm Oil Product Offerings
7.16.5 Kulim (Malaysia) Berhad Recent Development
7.17 New Britain Palm Oil Limited
7.17.1 New Britain Palm Oil Limited Company Information
7.17.2 New Britain Palm Oil Limited Introduction and Business Overview
7.17.3 New Britain Palm Oil Limited Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 New Britain Palm Oil Limited Palm Oil Product Offerings
7.17.5 New Britain Palm Oil Limited Recent Development
7.18 Cargill
7.18.1 Cargill Company Information
7.18.2 Cargill Introduction and Business Overview
7.18.3 Cargill Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Cargill Palm Oil Product Offerings
7.18.5 Cargill Recent Development
7.19 SIPEF Group
7.19.1 SIPEF Group Company Information
7.19.2 SIPEF Group Introduction and Business Overview
7.19.3 SIPEF Group Palm Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 SIPEF Group Palm Oil Product Offerings
7.19.5 SIPEF Group Recent Development
8 Industry Chain Analysis
8.1 Palm Oil Industrial Chain
8.2 Palm Oil Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Palm Oil Sales Model
8.5.2 Sales Channel
8.5.3 Palm Oil Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer