Business

Global Palm Oil Market is Projected to Reach 43,856 million USD by 2024 – QY research

The Palm Oil industry was 40,180 million USD in 2017 and is projected to reach 43,856 million USD by 2024, at a CAGR (Compounded Annual Growth Rate) of 3.44% between 2017 and 2024.

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The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

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The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.

The Global Palm Oil Market Research Report 2018 report released by QYResearch provides a basic overview of the Palm Oil industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Palm Oil industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

Market Segment Applications, can be divided into

·        Foods

·        Bio-Diesel

·        Surfactants

·        Cosmetics

·        Others

Market Segment by Type, covers

·        Crude Palm Oil

·        Palm Olein

Palm Oil Competitive landscape and key vendors

·        Felda Global Ventures

·        IOI

·        Sime Darby Berhad

·        Musim Mas

·        Astra Agro Lestari

·        Bumitama Agri

·        Genting Group

·        KLK

·        WILMAR

·        RGE Pte

·        Indofood Agri Resources

·        Golden Agri Resources

·        First Resources

·        Sampoerna Agro

Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/63060/global-palm-oil-market

 

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