Palm Oil Industry Growth Analysis and Forecasts To 2021 Global Palm Oil Market Industry Analysis | Page 2

Palm Oil Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecasts 2017 – 2021
Palm oil is extracted from the flesh of the palm fruit, which is primarily found in the tropical climate of
Africa, South America and South East Asia. It is used in preventing vitamin A deficiency, cancer, brain
disease, aging; and treating malaria, high blood pressure, high cholesterol, and cyanide poisoning. Palm oil
is one of the world's most produced and consumed oils. Palm oil is a very productive crop. It offers a far
greater yield at a lower cost of production than other vegetable oils. The global production and demand of
palm oil is increasing rapidly. Plantations are spreading across Asia, Africa and Latin America.
Company Coverage of Global Palm Oil Market: PT Astra Agro Lestari Tbk, Sime Darby, IOI Corporation
Berhad and Wilmar International Limited.
The major factor that contributes in the growth of the industry includes rising global population,
accelerating economic growth and rising demand for biofuels. The key trends observed within the industry
include red palm oil supplementation and increasing demand for sustainable palm oil. However, the
industry is also witnessing many hindrances including loss of critical habitat for endangered species and
adverse weather conditions.
Complete report available at http://www.marketreportsonline.com/583600.html