Market Overview:
The global crude palm oil (CPO) 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 CPO from the food industry, bio-diesel, surfactants and cosmetics industries. Additionally, rising awareness about the benefits of using CPO is also contributing to its growth. On the basis of type, pressing crude palm oil (CPO) accounted for a major share of the global market in 2017. This segment is projected to grow at a higher rate than other segments during the forecast period owing to its growing demand from various applications such as food industry, bio-diesel and others.
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Product Definition:
Crude palm oil is a vegetable oil extracted from the fruit of the oil palm. It is used as cooking oil, in foods, and to make soap.
Pressing Crude Palm Oil (CPO):
Pressing crude palm oil (CPO) is a process of refining crude palm oil to produce refined Palm Oil. It’s an easy and cost-effective method as compared to other methods of producing refined oils. The yield from pressing crude palm oil is high, around 80% when compared with the yield from other processes used for producing refined oils like the ones used for Soybean and rapeseed.
Boiling Crude Palm Oil (CPO):
Boiling crude palm oil (CPO) is the first and foremost step in processing of crude palm oil. It is a very important process as it removes impurities from the feedstock. The end product consists of high quality CPO with low levels of contaminants such as metals, sulfur, aromatics and other non-volatile matter which are removed during this stage.
Application Insights:
The food industry was the largest application segment in 2016 and is expected to witness a CAGR of XX% from 2017 to 2018. The growth can be attributed to growing consumption of packaged foods, including cookies, chips, chocolate bars and cakes as well as confectionery products like chocolates and caramels. Rising disposable income levels coupled with increasing per capita consumption of cooking oils are anticipated to drive the demand for palm oil over the forecast period.
Bio-diesel is another key application owing to its high melting point properties that make it suitable for manufacturing diesel fuel from recycled vegetable oil (RVO). RVO consists mostly of glycerin along with small amounts of fatty acids and protein which makes it an ideal raw material for biodiesel production.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising disposable income, increasing population, and growing food demand. Asia Pacific is home to two-thirds of the world’s population and more than one-third of the world’s total land area. It has been observed that a rise in agricultural production leads to an increase in biofuel production as well as food security for many countries including Indonesia, Malaysia, Thailand, Philippines etc., thus driving crude palm oil demand over past few years.
North America emerged as second major consumer for crude palm oil with U.
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 CPO is primarily consumed.
- Rapid growth of the biofuel industry, as CPO is a key ingredient in biodiesel production.
- Limited availability of other vegetable oils, such as soybean oil, which has led to increased demand for CPO globally.
- Growing awareness of the health benefits of consuming palm oil and its derivatives
Scope Of The Report
Report Attributes
Report Details
Report Title
Crude Palm Oil (CPO) Market Research Report
By Type
Pressing Crude Palm Oil (CPO), Boiling Crude Palm Oil (CPO)
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Crude Palm Oil (CPO) Market Report Segments:
The global Crude Palm Oil (CPO) market is segmented on the basis of:
Types
Pressing Crude Palm Oil (CPO), Boiling Crude Palm Oil (CPO)
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
 Market Overview.svg)
Highlights of The Crude Palm Oil (CPO) 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 Oil (CPO)
- Boiling Crude Palm Oil (CPO)
- 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 Oil (CPO) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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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 oil is a type of vegetable oil that is extracted from the kernel of the palm tree. It has a high level of saturated fat and can be used in cooking and baking.
Some of the major players in the crude palm oil (cpo) 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 oil (cpo) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Crude Palm Oil (CPO) 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 Oil (CPO) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Crude Palm Oil (CPO) 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 Oil (CPO) 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 Oil (CPO) Market Size & Forecast, 2020-2028
4.5.1 Crude Palm Oil (CPO) Market Size and Y-o-Y Growth
4.5.2 Crude Palm Oil (CPO) 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 Oil (CPO)
5.2.2 Boiling Crude Palm Oil (CPO)
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 Oil (CPO) 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 Oil (CPO) 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 Oil (CPO)
9.6.2 Boiling Crude Palm Oil (CPO)
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 Oil (CPO)
10.6.2 Boiling Crude Palm Oil (CPO)
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 Oil (CPO)
11.6.2 Boiling Crude Palm Oil (CPO)
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 Oil (CPO)
12.6.2 Boiling Crude Palm Oil (CPO)
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 Oil (CPO)
13.6.2 Boiling Crude Palm Oil (CPO)
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 Oil (CPO) Market: Competitive Dashboard
14.2 Global Crude Palm Oil (CPO) 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
