Palm Seed Oil Market Research Report

Palm Seed Oil Market Analysis & Forecast 2023-2029

Palm Seed Oil Market by Product Type (Pressed Palm Seed Oil, Refined Palm Seed Oil) by Application (Food Industry, Surfactants, Personal Care, Cosmetics, Agrochemical) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2023-29 2023-2029

Number of pages: 155 | Report Code: PSMR- PSMR-002122 | Report Format : PDF

Global Palm Seed Oil Market is expected to reach USD 15310.83 million by 2029 with CAGR of 4.6% between 2023 and 2029

The Palm Seed Oil is a plant oil acquired from the palm kernel or edible seed of the oil palm fruit. Palm Seed oil is scientifically known as Elaeis guineensis jaq. Palm Seed oil is edible and remains solid at room temperature. It is more saturated than palm oil and coconut oil. Palm seed oil is widely used as confectionery fats and its products are also used in the manufacture of dairy, meat and coconut milk product analogs. Apart from its main usage as frying/cooking oil, Palm seed oil can be used as salad oil. In their powdered form, Palm Seed Oil can be used in multiple application in convenience food preparation. Development of functional food or nutraceutical products from palm micronutrients such as tocotrienol-rich fraction, carotene, squalene and co-enzyme Q10 is also an in-thing. Utilization of the high technology processes would further enhance the nutrition and health benefits, and applications of Palm kernel oil and its micronutrients in the food industry. .  

The Palm Seed Oil Market is projected to make a significant growth in the forecasted period due to the various factors. The Palm Seed oil is skin friendly and that’s the reason it is usage in cosmetic industry. Growing concerns regarding the harmful side-effects of chemicals present in cosmetics and toiletries are expected to play a major role in promoting palm kernel oil in the Market throughout the forecast span. Moreover, the Market trend is shifting towards the use of naturally obtained cosmetics and personal care products as there are many benefits of it as there is very small amount of chemical present in such products. It is increasing the demand for the palm seed oil in the Market  

Palm Seed Oil Market

The study covers a detailed analysis, growth and forecast of the Palm Seed Oil Market. The report includes market analysis on global and regional level. The study covers historical data analysis from 2017 to 2022 and market forecast for 2023 to 2029 based on revenue generated. The study includes market value in terms of revenue in million USD for years 2017-29 and compound annual growth rate (CAGR) in % from 2023 to 2029. The market is expected to show constant growth between 2023 to 2029.  

The report comprises value chain analysis for each of the product segments. Value chain analysis offers in-depth information about value addition at each stage. The study includes drivers and restraints for Palm Seed Oil Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end-users/regions. Our study Palm Seed Oil Market helps users to make precise decision to expand their market presence and increase market share.  

The report provides Palm Seed Oil Market Dynamics, includes industry growth drivers, challenges, opportunities, risk, constraints as well as threats.Reports also includes Manufacturing Cost Analysis mainly included Raw Materials Analysis, Price Trend of product, Mergers & Acquisitions, Expansion, Key Suppliers of product, Concentration Rate of Palm Seed Oil Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly included Technology Progress, Consumer Needs Trend, External Environmental Change.  

Palm Seed Oil Market Research

Global Palm Seed Oil Market : Product Type

  • Pressed Palm Seed Oil
  • Refined Palm Seed Oil

Global Palm Seed Oil Market : Application

  • Food Industry
  • Surfactants
  • Personal Care
  • Cosmetics
  • Agrochemical

Global Palm Seed Oil Market : Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Palm Seed Oil Market:

  • 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
  • Alami Group

Geographical analysis of Global Palm Seed Oil Market:

  • North America
    • U.S.A
    • Canada
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South East Asia
  • Latin America
    • Brazil
  • Middle East and Africa

Global Palm Seed Oil Market Report delivers a comprehensive analysis of the following parameters :

  • Market Forecast for 2023-29
  • Market growth drivers
  • Challenges and Opportunities
  • Emerging and Current Market trends
  • Market player Capacity, Production, Revenue (Value)
  • Supply (Production), Consumption, Export, Import analysis
  • End-user/application Analysis

Global Palm Seed Oil Market Report delivers a comprehensive analysis of the following parameters:

  • Market Forecast for 2023-2029
  • Market growth drivers
  • Challenges and Opportunities
  • Emerging and Current market trends
  • Market player Capacity, Production, Revenue (Value)
  • Supply (Production), Consumption, Export, Import analysis
  • End user/application Analysis

Report Coverage

Parameters Details

Base Year


Historical Data


Forecast Data


Base Year Value (2022)

USD 11175.76 million

Forecast Value (2029)

USD 15310.83 million

CAGR (2022 to 2028)

4.6 %

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW

Frequently Asked Questions (FAQ)

Palm Seed Oil Market was valued at around USD 11175.76 million in 2022 & estimated to reach USD 15310.83 million by 2029.

Palm Seed Oil Market is likely to grow at compounded annual growth rate (CAGR) of 4.6% between 2023 to 2029.

Yes, the report includes COVID 19 impact on the market.

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