MarketReportsOnline.com adds "Global Palm Oil Market Report: 2015 Edition" report to its research store.
Palm oil,
which is the most widely used vegetable oil worldwide, is obtained from the
fruit of the oil palm tree. The palm oil is used for various purposes including
cooking oil, margarines and as a mil fat replacement. It is also used in
preventing vitamin A deficiency, cancer, brain disease, aging; and treating
malaria, high blood pressure, high cholesterol, and cyanide poisoning.
Industrially, palm oil is used for manufacturing cosmetics, soaps, toothpaste,
waxes, lubricants, and ink. In comparison with other vegetable oils, which are
soybean oil, rapeseed oil, sunflowerseed oil, coconut oil and many others, the
production and consumption of palm oil is highest making its demand increase
year over year.
The global
palm oil market is growing at a great pace worldwide and is expected to
continue this growth in comparison with other vegetable oils. On a regional
basis, Malaysia and Indonesia are the leading producers of palm oil globally
mainly attributable to favourable climate condition and increased use of biofuels
and political stability. China and India are the biggest consumers of palm oil
in the world as people of these two countries consume more goods containing
palm oil. Europe is also emerging as the leading importer of palm oil due to
increasing demand of biofuels which are being used as generation of power and
heat in the region.
The major
factor that contributes in the growth of the industry includes rising
employment population, growing global economy, growing per capita consumption
of palm oil, rising demand for biofuels and cost effectiveness. The key trends
observed within the industry include various mergers and acquisitions by the
companies and rapidly increasing acceptance of Certified Sustainable Palm oil.
However, the industry is also witnessing many hindrances including impact on
environment and climate, reducing land availability, strict shipment
compliances and rising palm oil monthly closing stock.
Purchase a copy of this research
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The report
studies the palm oil market on a global scale with detailed information
regarding the key regional markets which includes Indonesia and Malaysia. The
competition in the global market is intense with few large players viz. Wilmar
International Limited, PT Astra Agro Lestari Tbk, Sime Darby and IOI
Corporation Berhad. The company profiles of the leading players in the palm oil
market are discussed in detail.
By combining
SPSS Inc.’s data integration and analysis capabilities with our relevant
findings, we have predicted the future growth of the palm oil industry. We employed various significant
variables that have an impact on this industry and created regression models
with SPSS Base to determine the future direction of the industry. Before
deploying the regression model, the relationship between several independent or
predictor variables and the dependent variable was analyzed using standard SPSS
output.
Major points from Table of Contents:
1. Vegetable Oil Market
2. Palm Oil Market
3. Major Oil Palm Producing
Countries
4. Major Palm Oil Consuming
Countries
5. Market Dynamics
6. Company Profiles
7. Market Outlook
List of Tables
List of Charts
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