Market Overview:
The global palm oil derivatives 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 food grade palm oil derivatives, cosmetic grade palm oil derivatives, and industrial grade palm oil derivatives across the globe. In addition, rising awareness about the benefits of using palm oil derivatives is also contributing to the growth of this market. Based on type, food grade Palm Oil Derivatives accounted for a major share of the global Palm Oil Derivatives Market in 2017 and is projected to maintain its dominance duringthe forecast period as well. This can be attributedto their growing use in various applications such as bakery products, confectioneries, snacks & savories etc., owingto their nutritional value and taste enhancement properties. Cosmetic Grade Palm Oil Derivatives are also witnessing high demand due tobenefits such as anti-aging effectsand UV protection offered by them.
Product Definition:
Palm oil derivatives are a range of products made from palm oil. They are used in many industries, including food, cosmetics, and biodiesel. Palm oil derivatives have many benefits, including being environmentally friendly and sustainable.
Food Grade Palm Oil Derivatives:
Food-grade palm oil derivatives are the edible, processed or unprocessed products obtained from the fractionation of palm oil. Palm oil is a vegetable fat which is extracted from the kernel of the fruit of African and South American plants. Food grade palm oil derivatives are used as food additives in confectionery fats, oils & shortenings (CFSO), dairy & frozen desserts (DDF) and bakery goods among others.
Cosmetic Grade Palm Oil Derivatives:
Cosmetic grade palm oil derivatives are natural ingredients derived from the fruit pulp of the African and Asian palm. The cosmetic grade products have high demand in various personal care product formulations such as skincare, haircare, bath & shower products, makeup products and oral care among others. The growth of these application industries is expected to drive the cosmetic grade palm oil derivatives market over the forecast period.
Application Insights:
Food grade palm oil derivatives were the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The increasing demand for food grade palm oil derivatives from countries such as India, China, Indonesia and Malaysia is expected to drive the market growth over the forecast period.
The biodiesel segment was valued at USD 1,818.3 million in 2018 owing to high production of biodiesel from Malaysia and Indonesia coupled with growing awareness regarding environment protection issues across various developed economies including U.S., Germany, UK etc. Growing demand for biodiesel across emerging economies including China India & Brazil is expected to propel market growth over the next eight years or so.
Surfactants are anticipated to be one of fastest-growing segments due largelyto its rising consumption by end-use industries such as textile manufacturing etc., which require natural surfactants free from synthetic chemicals or petroleum products that may have adverse effects on human health (Greenaway et al., 2012).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. Rising population coupled with increasing disposable income will drive demand for packaged food, which will propel industry expansion over the coming years. Furthermore, growing industrialization along with rising awareness regarding bio-based products is likely to augment product demand in APAC region.
Europe accounted for a major share of revenue owing to stringent regulations by bodies such as E number association and American Oil Chemists’ Society (AOCS) that promote sustainable oil production methods across North America and Europe region. The use of palm oil derivatives as an ingredient in cosmetic products has been banned by several countries including France, Germany, Denmark, Netherlands among others due to concerns regarding deforestation caused during harvesting process or sustainability of supply chain after Derivatives are extracted from crude Palm Oil (PO).
Growth Factors:
- Increasing demand for biofuels: The global demand for biofuels is increasing rapidly due to the rising concerns over climate change and energy security. Palm oil derivatives are used in the production of biodiesel, which is a renewable and environmentally friendly fuel.
- Growing popularity of veganism: Veganism is becoming increasingly popular, especially among young people. This has led to an increase in the demand for plant-based foods, including those that contain palm oil derivatives.
- Rising income levels in developing countries: A growing number of people in developing countries are now able to afford processed foods that contain palm oil derivatives. This is contributing to the growth of the palm oil derivatives market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Palm Oil Derivatives Market Research Report
By Type
Food Grade Palm Oil Derivatives, Cosmetic Grade Palm Oil Derivatives, Industrial Grade Palm Oil Derivatives
By Application
Food, Biodiesel, Cosmetics, Personal Car, Surfactants
By Companies
Croda, Kubota Corporation, Felda Holdings, Sarawak Energy, Veolia, The Clorox Company, Cargill, Alami Group, Wilmar International, London Sumatra
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Palm Oil Derivatives Market Report Segments:
The global Palm Oil Derivatives market is segmented on the basis of:
Types
Food Grade Palm Oil Derivatives, Cosmetic Grade Palm Oil Derivatives, Industrial Grade Palm Oil Derivatives
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, Biodiesel, Cosmetics, Personal Car, Surfactants
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:
- Croda
- Kubota Corporation
- Felda Holdings
- Sarawak Energy
- Veolia
- The Clorox Company
- Cargill
- Alami Group
- Wilmar International
- London Sumatra
Highlights of The Palm Oil Derivatives 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:
- Food Grade Palm Oil Derivatives
- Cosmetic Grade Palm Oil Derivatives
- Industrial Grade Palm Oil Derivatives
- By Application:
- Food
- Biodiesel
- Cosmetics
- Personal Car
- Surfactants
- 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 Palm Oil Derivatives 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
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?
Palm oil derivatives are chemicals that are created from palm oil. These derivatives can be used in a variety of products, including cosmetics and food. Palm oil derivatives can be harmful if they are not properly tested and regulated.
Some of the major players in the palm oil derivatives market are Croda, Kubota Corporation, Felda Holdings, Sarawak Energy, Veolia, The Clorox Company, Cargill, Alami Group, Wilmar International, London Sumatra.
The palm oil derivatives 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 Palm Oil Derivatives 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 Palm Oil Derivatives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Palm Oil Derivatives 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 Palm Oil Derivatives 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 Palm Oil Derivatives Market Size & Forecast, 2018-2028
4.5.1 Palm Oil Derivatives Market Size and Y-o-Y Growth
4.5.2 Palm Oil Derivatives Market Absolute $ Opportunity
Chapter 5 Global Palm Oil Derivatives 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 Palm Oil Derivatives Market Size Forecast by Type
5.2.1 Food Grade Palm Oil Derivatives
5.2.2 Cosmetic Grade Palm Oil Derivatives
5.2.3 Industrial Grade Palm Oil Derivatives
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Palm Oil Derivatives 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 Palm Oil Derivatives Market Size Forecast by Applications
6.2.1 Food
6.2.2 Biodiesel
6.2.3 Cosmetics
6.2.4 Personal Car
6.2.5 Surfactants
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Palm Oil Derivatives 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 Palm Oil Derivatives 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 Palm Oil Derivatives Analysis and Forecast
9.1 Introduction
9.2 North America Palm Oil Derivatives 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 Palm Oil Derivatives Market Size Forecast by Type
9.6.1 Food Grade Palm Oil Derivatives
9.6.2 Cosmetic Grade Palm Oil Derivatives
9.6.3 Industrial Grade Palm Oil Derivatives
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 Palm Oil Derivatives Market Size Forecast by Applications
9.10.1 Food
9.10.2 Biodiesel
9.10.3 Cosmetics
9.10.4 Personal Car
9.10.5 Surfactants
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 Palm Oil Derivatives Analysis and Forecast
10.1 Introduction
10.2 Europe Palm Oil Derivatives 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 Palm Oil Derivatives Market Size Forecast by Type
10.6.1 Food Grade Palm Oil Derivatives
10.6.2 Cosmetic Grade Palm Oil Derivatives
10.6.3 Industrial Grade Palm Oil Derivatives
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 Palm Oil Derivatives Market Size Forecast by Applications
10.10.1 Food
10.10.2 Biodiesel
10.10.3 Cosmetics
10.10.4 Personal Car
10.10.5 Surfactants
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 Palm Oil Derivatives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Palm Oil Derivatives 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 Palm Oil Derivatives Market Size Forecast by Type
11.6.1 Food Grade Palm Oil Derivatives
11.6.2 Cosmetic Grade Palm Oil Derivatives
11.6.3 Industrial Grade Palm Oil Derivatives
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 Palm Oil Derivatives Market Size Forecast by Applications
11.10.1 Food
11.10.2 Biodiesel
11.10.3 Cosmetics
11.10.4 Personal Car
11.10.5 Surfactants
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 Palm Oil Derivatives Analysis and Forecast
12.1 Introduction
12.2 Latin America Palm Oil Derivatives 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 Palm Oil Derivatives Market Size Forecast by Type
12.6.1 Food Grade Palm Oil Derivatives
12.6.2 Cosmetic Grade Palm Oil Derivatives
12.6.3 Industrial Grade Palm Oil Derivatives
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 Palm Oil Derivatives Market Size Forecast by Applications
12.10.1 Food
12.10.2 Biodiesel
12.10.3 Cosmetics
12.10.4 Personal Car
12.10.5 Surfactants
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) Palm Oil Derivatives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Palm Oil Derivatives 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) Palm Oil Derivatives Market Size Forecast by Type
13.6.1 Food Grade Palm Oil Derivatives
13.6.2 Cosmetic Grade Palm Oil Derivatives
13.6.3 Industrial Grade Palm Oil Derivatives
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) Palm Oil Derivatives Market Size Forecast by Applications
13.10.1 Food
13.10.2 Biodiesel
13.10.3 Cosmetics
13.10.4 Personal Car
13.10.5 Surfactants
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 Palm Oil Derivatives Market: Competitive Dashboard
14.2 Global Palm Oil Derivatives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Croda
14.3.2 Kubota Corporation
14.3.3 Felda Holdings
14.3.4 Sarawak Energy
14.3.5 Veolia
14.3.6 The Clorox Company
14.3.7 Cargill
14.3.8 Alami Group
14.3.9 Wilmar International
14.3.10 London Sumatra
