The global palm kernel acid oil market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for palm kernel acid oil in pharmaceutical manufacturing and cosmetic processing applications.
Pharmaceutic grade palm kernel acid oil accounted for the largest share of the global market in 2017, followed by cosmetic grade and other grades. Pharmaceutical manufacturing application segment dominated the global palm kernel acid oil market in 2017, accounting for over 50% share of total revenue generated from this product type. Cosmetic processing application segment is expected to witness significant growth during the forecast period owing to its increasing demand from various end-use industries such as personal care products, cosmetics, and toiletries among others.
Some Of The Growth Factors Of This Market:
- Palm Kernel Acid Oil is a by-product of palm oil production and is used in the manufacture of soap, detergents, cosmetics, and other products.
- Palm Kernel Acid Oil is a renewable resource that can be grown on marginal land unsuitable for food crops or livestock grazing.
- The global population continues to grow at an alarming rate which will increase demand for Palm Kernel Acid Oil as it is used in many products such as soap and detergents which are necessary for everyday life.
- The increasing demand for biofuels has led to an increased demand for Palm Kernel Acid Oil because it can be converted into biodiesel fuel with little modification to the process or equipment required to produce it from crude palm oil feedstock.
- The price of crude palm oil has been steadily increasing over the past few years due to high global demand.
Industry Growth Insights published a new data on “Palm Kernel Acid Oil Market”. The research report is titled “Palm Kernel Acid Oil Market research by Types (Pharmaceutic Grade, Cosmetic Grade), By Applications (Pharmaceutical Manufacturing, Cosmetic Processing, Others), By Players/Companies Timur Oleochemicals, 3F Industrises Ltd, Ecostore, Kong Hoo Pte Ltd, Florapower, Wilmar”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Palm Kernel Acid Oil Market Research Report
By Type
Pharmaceutic Grade, Cosmetic Grade
By Application
Pharmaceutical Manufacturing, Cosmetic Processing, Others
By Companies
Timur Oleochemicals, 3F Industrises Ltd, Ecostore, Kong Hoo Pte Ltd, Florapower, Wilmar
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Palm Kernel Acid Oil Market Report Segments:
The global Palm Kernel Acid Oil market is segmented on the basis of:
Types
Pharmaceutic Grade, Cosmetic Grade
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
Pharmaceutical Manufacturing, Cosmetic Processing, 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:
- Timur Oleochemicals
- 3F Industrises Ltd
- Ecostore
- Kong Hoo Pte Ltd
- Florapower
- Wilmar
Highlights of The Palm Kernel Acid 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:
- Pharmaceutic Grade
- Cosmetic Grade
- By Application:
- Pharmaceutical Manufacturing
- Cosmetic Processing
- 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 Palm Kernel Acid 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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- Correctly Positioning New Products
- Market Entry Strategies
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- 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 kernel acid oil is a natural oil extracted from the kernels of the palm fruit. It has a high content of essential fatty acids, including palmitic, stearic, oleic and linoleic acids. These fatty acids are important for skin health because they help to maintain moisture levels and protect against skin damage.
Some of the major players in the palm kernel acid oil market are Timur Oleochemicals, 3F Industrises Ltd, Ecostore, Kong Hoo Pte Ltd, Florapower, Wilmar.
The palm kernel acid oil market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Palm Kernel Acid Oil Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Palm Kernel Acid Oil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Palm Kernel Acid Oil Market - Supply Chain
4.5. Global Palm Kernel Acid Oil Market Forecast
4.5.1. Palm Kernel Acid Oil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Palm Kernel Acid Oil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Palm Kernel Acid Oil Market Absolute $ Opportunity
5. Global Palm Kernel Acid Oil Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Palm Kernel Acid Oil Market Size and Volume Forecast by Type
5.3.1. Pharmaceutic Grade
5.3.2. Cosmetic Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Palm Kernel Acid Oil Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Palm Kernel Acid Oil Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical Manufacturing
6.3.2. Cosmetic Processing
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Palm Kernel Acid Oil Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Palm Kernel Acid Oil Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Palm Kernel Acid Oil Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Palm Kernel Acid Oil Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Palm Kernel Acid Oil Demand Share Forecast, 2019-2026
9. North America Palm Kernel Acid Oil Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Palm Kernel Acid Oil Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Palm Kernel Acid Oil Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical Manufacturing
9.4.2. Cosmetic Processing
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Palm Kernel Acid Oil Market Size and Volume Forecast by Type
9.7.1. Pharmaceutic Grade
9.7.2. Cosmetic Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Palm Kernel Acid Oil Demand Share Forecast, 2019-2026
10. Latin America Palm Kernel Acid Oil Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Palm Kernel Acid Oil Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Palm Kernel Acid Oil Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical Manufacturing
10.4.2. Cosmetic Processing
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Palm Kernel Acid Oil Market Size and Volume Forecast by Type
10.7.1. Pharmaceutic Grade
10.7.2. Cosmetic Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Palm Kernel Acid Oil Demand Share Forecast, 2019-2026
11. Europe Palm Kernel Acid Oil Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Palm Kernel Acid Oil Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Palm Kernel Acid Oil Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical Manufacturing
11.4.2. Cosmetic Processing
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Palm Kernel Acid Oil Market Size and Volume Forecast by Type
11.7.1. Pharmaceutic Grade
11.7.2. Cosmetic Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projctions by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Palm Kernel Acid Oil Demand Share, 2019-2026
12. Asia Pacific Palm Kernel Acid Oil Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Palm Kernel Acid Oil Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Palm Kernel Acid Oil Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical Manufacturing
12.4.2. Cosmetic Processing
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Palm Kernel Acid Oil Market Size and Volume Forecast by Type
12.7.1. Pharmaceutic Grade
12.7.2. Cosmetic Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Palm Kernel Acid Oil Demand Share, 2019-2026
13. Middle East & Africa Palm Kernel Acid Oil Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Palm Kernel Acid Oil Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Palm Kernel Acid Oil Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical Manufacturing
13.4.2. Cosmetic Processing
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Palm Kernel Acid Oil Market Size and Volume Forecast by Type
13.7.1. Pharmaceutic Grade
13.7.2. Cosmetic Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Palm Kernel Acid Oil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Palm Kernel Acid Oil Market: Market Share Analysis
14.2. Palm Kernel Acid Oil Distributors and Customers
14.3. Palm Kernel Acid Oil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Timur Oleochemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. 3F Industrises Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ecostore
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kong Hoo Pte Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Florapower
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wilmar
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
