Asia Pacific constituted a major share in the palm kernel oil market in 2015, led by the high growth in food and personal care products in this region. It dominates the palm kernel oil market owing to the concentration of raw material production here. Demand for palm kernel oil is also high in Europe and North America. The U. S., Germany, China, India, and Japan accounted for a key share in the market in 2015. Demand for palm kernel oil in Middle East & Africa and Latin America is likely to rise at a steady rate during the forecast period.
Key players operating in the global palm kernel oil market include Cargill Inc., United Palm Oil Industry Public Company Limited, Wilmar International Limited, Sime Darby, Golden Agri Resources Limited, Godrej Agrovet Limited, PT Astra Agro Lestari Tbk, IOI Corp., London Sumatra, Kulim Bhd, Musim Mas Group, and Alami Group.
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