Sustainable Palm Oil Market Share and Key Trends 2016-2026 FMI | Page 3

Report Description Report Description Palm oil is an edible vegetable oil extracted from the reddish pulp of the oil palms. Sustainable Palm oil is naturally reddish in color because it has the component of high beta carotene. Sustainable palm oil means the palm oil which is manufactured under the guidance and rule of the Roundtable on sustainable palm oil (RSPO). To produce certified sustainable palm oil, manufactures has to follow the environmental and social criteria set by RSPO. It can also be kept in the room temperature. Palm oil also contains very little cholesterol. It is also used in products where animal fats are not accepted for the religion issues. It has been noticed that the palm oil is used in several industries to make the ultimate product. Those industries are also growing. So the demand of the palm oil will be more. So the market will expand very fast in the stipulated period of time. Global Sustainable palm oil Market Dynamics:The market of sustainable palm oil market is anticipated to be driven by the various used of the product in a different way. It has a great cooking properties, even it can be used in the high temperature. Its smooth and creamy texture and having no smell make it a perfect ingredient for many recipes like it is used in the bakery (specially for biscuits). It has a natural perspective effect which helps the longevity of the food byresisting the oxidation that spoils them. It is also the highest producing vegetable oil crop which makes it very efficient. It needs less land required by other oil crops to produce same quantity of oil. It makes this cheaper than the other oil in the market. Sustainable palm oil is also used in the cosmetic industry. Sustainable Palm oil ingredients are used in the skin care products, make up products. Due to have the rules and regulations of RSPO the producers are not able to destroy the environment and wild life.