Investment Opportunities in Palm Oil Industry

The global palm oil market is set for significant growth, with consumption projected to reach US$ 59.75 billion in 2022 and expected to exceed US$ 90.1 billion by 2032, reflecting a 4.2% CAGR over the forecast period. Currently, palm oil accounts for 25% to 30% of the global edible oil market, with South Asia leading the share at 39.7%. The market's growth trajectory has been influenced by changing consumer preferences, with a growing demand for pure, naturally extracted edible oils free from additives and preservatives. As health consciousness rises, consumers seek transparency regarding ingredients and production processes, creating favorable conditions for palm oil suppliers in the food and beverage sector.