Market Overview:
The global crude palm kernel oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for edible oils and bio-diesel across the globe. In terms of type, pressing crude palm kernel oil (CPKO) is expected to dominate the market during the forecast period, owing to its high yield and low cost as compared to other methods of extraction such as solvent extraction or expression. By application, food industry is expected to account for a major share of the global crude palm kernel oil market during 2018-2030. This can be attributed to rising demand for processed foods across regions such as North America, Europe and Asia Pacific.
Product Definition:
Crude palm kernel oil is an edible vegetable oil extracted from the kernel of palm fruit. It is used to make soap, as a fuel, and in the production of margarine.
Pressing Crude Palm Kernel Oil (CPKO):
Pressing crude palm kernel oil (CPKO) is a process of extracting vegetable oil from the crushed seeds of the fruit called PKO. The extraction yield is higher than other processes as it avoids waste and use of chemicals to extract vegetable oils. It also has high demand in biodiesel production, which makes up for over 50% of global consumption.
Boiling Crude Palm Kernel Oil (CPKO):
CPKO is the first and foremost step in the extraction of oil from PKO. It is a highly refined, bleached & deodorized form of crude palm kernel oil (PKO). The product has high demand across various end-use industries such as cosmetics, personal care & home care among others. CPKOs are used for producing bio-based lubricants which have applications in machinery maintenance and construction equipment sectors among others.
Application Insights:
The food industry was the largest application segment in 2016 and is expected to witness a CAGR of XX% from 2017 to 2030. Growing awareness about healthy diet coupled with rising disposable income levels in developing countries including China, India, Brazil and Mexico is anticipated to drive the demand for groundnut oil over the forecast period.
Bio-diesel emerged as another significant application segment accounting for over 15% of total market volume in 2016 owing to increasing concerns regarding environmental pollution caused due to increase in use of petroleum diesel over past few years. Government initiatives such as ¢â‚¬Å“Swachh Bharat Mission¢â‚¬ undertaken by Indian government are aimed at promoting usage of bio-based products which is further likelyto boost product consumption for production of biodiesel during next eight years or so.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region is home to some of the largest palm oil producing countries such as Indonesia and Malaysia. Palm oil is a major raw material used for manufacturing CPKO products, which are then utilized in various applications across end-use industries such as food, personal care, pharmaceuticals, printing ink and others.
The growing population coupled with rising disposable income levels has resulted in an increasing demand for packaged food items across Asia Pacific region. This has led to an increased consumption of processed foods along with a subsequent rise inCPKO product consumption within this industry over the past few years.
Growth Factors:
- Increasing demand for vegetable oils in the food industry as a healthier alternative to other cooking oils.
- Rising population and income levels in developing countries, where palm oil is a popular cooking oil.
- Rapid growth of the processed foods industry, which is driving increased demand for edible oils and fats globally.
- Growing awareness of the health benefits of consuming healthy fats such as palm kernel oil, especially among consumers in developed countries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Crude Palm Kernel Oil Market Research Report
By Type
Pressing Crude Palm Kernel Oil (CPKO), Boiling Crude Palm Kernel Oil (CPKO)
By Application
Food Industry, Bio-Diesel, Surfactants and Cosmetics, Others
By Companies
Felda Global Ventures, IOI Oleochemical, Sime Darby Berhad, Musim Mas, Astra Agro Lestari, Bumitama Agri, Genting Plantations Bhd, KLK OLEO, Wilmar International, Asian Agri, Indofood Agri Resources, Golden Agri Resources, First Resources, Sampoerna Agro, Bakrie Sumatera Plantations
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Crude Palm Kernel Oil Market Report Segments:
The global Crude Palm Kernel Oil market is segmented on the basis of:
Types
Pressing Crude Palm Kernel Oil (CPKO), Boiling Crude Palm Kernel Oil (CPKO)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Bio-Diesel, Surfactants and Cosmetics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Felda Global Ventures
- IOI Oleochemical
- Sime Darby Berhad
- Musim Mas
- Astra Agro Lestari
- Bumitama Agri
- Genting Plantations Bhd
- KLK OLEO
- Wilmar International
- Asian Agri
- Indofood Agri Resources
- Golden Agri Resources
- First Resources
- Sampoerna Agro
- Bakrie Sumatera Plantations
Highlights of The Crude Palm Kernel Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pressing Crude Palm Kernel Oil (CPKO)
- Boiling Crude Palm Kernel Oil (CPKO)
- By Application:
- Food Industry
- Bio-Diesel
- Surfactants and Cosmetics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Crude Palm Kernel Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Crude palm kernel oil is a type of vegetable oil that is extracted from the kernel of the coconut. It has a high content of saturated fat and is used in cooking and cosmetics.
Some of the major players in the crude palm kernel oil market are Felda Global Ventures, IOI Oleochemical, Sime Darby Berhad, Musim Mas, Astra Agro Lestari, Bumitama Agri, Genting Plantations Bhd, KLK OLEO, Wilmar International, Asian Agri, Indofood Agri Resources, Golden Agri Resources, First Resources, Sampoerna Agro, Bakrie Sumatera Plantations.
The crude palm kernel oil market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Crude Palm Kernel Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Crude Palm Kernel Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Crude Palm Kernel Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Crude Palm Kernel Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Crude Palm Kernel Oil Market Size & Forecast, 2020-2028
4.5.1 Crude Palm Kernel Oil Market Size and Y-o-Y Growth
4.5.2 Crude Palm Kernel Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pressing Crude Palm Kernel Oil (CPKO)
5.2.2 Boiling Crude Palm Kernel Oil (CPKO)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Bio-Diesel
6.2.3 Surfactants and Cosmetics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Crude Palm Kernel Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Crude Palm Kernel Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pressing Crude Palm Kernel Oil (CPKO)
9.6.2 Boiling Crude Palm Kernel Oil (CPKO)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Bio-Diesel
9.10.3 Surfactants and Cosmetics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pressing Crude Palm Kernel Oil (CPKO)
10.6.2 Boiling Crude Palm Kernel Oil (CPKO)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Bio-Diesel
10.10.3 Surfactants and Cosmetics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pressing Crude Palm Kernel Oil (CPKO)
11.6.2 Boiling Crude Palm Kernel Oil (CPKO)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Bio-Diesel
11.10.3 Surfactants and Cosmetics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pressing Crude Palm Kernel Oil (CPKO)
12.6.2 Boiling Crude Palm Kernel Oil (CPKO)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Bio-Diesel
12.10.3 Surfactants and Cosmetics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pressing Crude Palm Kernel Oil (CPKO)
13.6.2 Boiling Crude Palm Kernel Oil (CPKO)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Bio-Diesel
13.10.3 Surfactants and Cosmetics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Crude Palm Kernel Oil Market: Competitive Dashboard
14.2 Global Crude Palm Kernel Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Felda Global Ventures
14.3.2 IOI Oleochemical
14.3.3 Sime Darby Berhad
14.3.4 Musim Mas
14.3.5 Astra Agro Lestari
14.3.6 Bumitama Agri
14.3.7 Genting Plantations Bhd
14.3.8 KLK OLEO
14.3.9 Wilmar International
14.3.10 Asian Agri
14.3.11 Indofood Agri Resources
14.3.12 Golden Agri Resources
14.3.13 First Resources
14.3.14 Sampoerna Agro
14.3.15 Bakrie Sumatera Plantations
