Palm Oil Market set to rise $116.4 billion by 2030, as Blockchain Traceability hits transformation ground


Posted January 27, 2025 by datastring

Industry revenue for Palm Oil is estimated to rise to $154.3 billion by 2035 from $78.4 billion of 2023. The revenue growth of market players is expected to average at 5.8% annually for the period 2023 to 2035.
 
According to a recent research, Industry revenue for Palm Oil is expected to rise to $116.4 billion by 2030 from $78.4 billion of 2023. The revenue growth of industry players is estimated to average at 5.8% annually for period 2023 to 2030. Growing end-industry applications in major countries like Indonesia, Malaysia and Thailand, is driving the market demand high.

Research Study analyse the new revenue pockets, emerging markets, competition landscape, opportunities & niche insights for Type (Crude Palm Oil, Palm Kernel Oil, Fractionated Palm Oil), Application (Food, Biofuel, Personal Care, Industrial Use) and undefined ().

Access the detailed report here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐ฉ๐š๐ฅ๐ฆ-๐จ๐ข๐ฅ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

Asia-Pacific and Europe are the two most active and leading regions in the market. In Europes food and biofuel industries the focus is shifting towards RSPO certified palm oil as a key import commodity โ€“ aligning with stricter regulations to meet consumer demands effectively

With challenges like deforestation concerns, regulatory challenges and price volatility, Palm Oil marketโ€™s supply chain from plantation owners to end user is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including India, China and Brazil for revenue diversification and TAM expansion. Blockchain technology enhances transparency, in supply chains by fostering accountability and trust among those involved.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ

The Palm Oil market is characterized by intense competition, with a number of leading players such as Wilmar International, Cargill, Sime Darby, IOI Group, Golden Agri-Resources, Unilever, Procter & Gamble, Nestlรฉ, Kuala Lumpur Kepong, ADM, Musim Mas and Felda Global Ventures. These players are pushing & penetrating the market with their strategies.
๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐๐จ๐ฐ๐ง๐ฅ๐จ๐š๐๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž/๐จ๐ฎ๐ญ๐š๐ ๐ž-๐ฆ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ-๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated January 27, 2025