Albany, NY -- (SBWIRE) -- 07/14/2015 -- Low or zero trans-fat content and the affordable price of palm oil has driven demand from the global palm oil market. The report presents a comprehensive study on the global palm oil market, with focus on the industry's growth drivers and challenges that would affect the growth figures.

The report also points out the various growth opportunities and current trends in the market. The size of the global palm oil market has been assessed in the report and the growth rate and valuation of the market during the period from 2012 and 2018 have been projected. The report uses various primary and secondary research tools to establish the projections. The report also analyses the effects of Porter's Five Forces on the overall market.

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The report studies the demand for the different types of palm oil from various end-use application sectors in the market. The report further analyzes the palm oil market in various geographical regions. Profiles of some of the key industry players in the market have been included in the report.

Overview of Global Palm Oil Market

Palm oil is a type of edible vegetable oil derived from the palm fruit. With rapid increase in the per capita human consumption of vegetable oils, the demand for palm oil has increased. It is used in food products, detergents, cosmetics, as well as in biofuel.

The report points out that the low trans-fat content of palm oil along with its cost-effectiveness has led to increased demand from the global palm oil market. However, palm oil plantations have posed environmental risks, as the expansion of palm oil plantations is usually done at the expense of tropical forests, especially in regions such as Malaysia. Deforestation for palm oil production has contributed to climate change and has increased the chances of many animal species going extinct. The report cites that this would negatively impact the overall market. Sustainable palm oil production is expected to open new opportunities for the market.

The report studies the demand for various types of palm oil such as palm kernel oil, red palm oil, fractionated palm oil, white palm oil, and others. The report segments the global palm oil market on the basis of the applications of palm oil in sectors such as food, health, energy, and others, including cosmetics. In the past few years, the utility of palm oil in feedstock to produce biofuels has boosted the overall market.

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The report studies the global palm oil market in four key regions: Asia Pacific, North America, Europe, and Rest of the World. Malaysia is the world's largest palm oil producer. However, the large number of ageing palm trees, yielding lower volumes of palm oil, has hindered the growth of the market in the region. Countries such as India and China are expected to contribute significantly towards the growth of the market during the forecast horizon.

Companies mentioned in the research report:

Some of the prominent players in the global palm oil market are Musim Mas Group (Indonesia), Alami Group (Malaysia), Boustead Group (Malaysia), ADM (US), and the United Palm Oil Industry Public Company Limited (Thailand). The report compiles detailed information about the key players, such as their revenue segmentation, business overview, and latest developments.

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