Adroit Market Research Global Palm Oil Market Size to 2025 | Page 3

Adroit Market Research Global Palm Oil Market Size, Status and Forecast 2018-2025 • Similarly, application segment of the global palm oil market is bifurcated into bio-diesel, cooking oil, lubricant, cosmetics and others. The cooking oil segment of application segment acquires the largest palm oil market. But, cosmetics segment is predictable of witnessing higher growth rate in upcoming years. • Geographical segmentation of the palm oil industry includes several key regions such as Europe, Asia Pacific, North America and rest of the world (RoW). Asia Pacific is leading the global market and is expected to witness a significant growth over the forecast period owing to rising consumption of palm oil in several industries in the region. Moreover, Indonesia & Malaysia are the key producers as well as exporters of palm fruit that is majorly contributing towards the growth of palm oil market in Asia Pacific region. On the other hand, North America and Europe are estimated of growing at a moderate rate over the forecast period. • Furthermore, Latin America and the Middle East & Africa are anticipated to be the fastest growing regions in palm oil market in next seven years. Browse the complete report on @ https://www.adroitmarketresearch.com/industry-reports/palm- oil-market [phone] [email protected] www.adroitmarketresearch.com