consumption status and trends of palm oil

Palm Oil Market Outlook 2025 2026 ReportLinker

consumption status and trends of palm oil
                                               
                                               
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World Consumption of Palm Oil Council of Palm Oil

consumption status and trends of palm oil
                                               
                                               
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FernPALM OIL PRODUCTION, CONSUMPTION AND TRADE

consumption status and trends of palm oil
                                               
                                               
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Food Truck Empire27 Stunning Global Palm Oil Industry

consumption status and trends of palm oil
                                               
                                               
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Systematic review of palm oil consumption

consumption status and trends of palm oil
                                               
                                               
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StatistaNigeria: consumption of palm oil 2025

consumption status and trends of palm oil
                                               
                                               
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StatistaIndia: palm oil consumption 2025| Statista

consumption status and trends of palm oil
                                               
                                               
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diplomatacomercialUS Palm Oil Consumption: Trends and Supply Insights

consumption status and trends of palm oil
                                               
                                               
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metatechinsightsPalm Oil Market Share, Market Size & Forecast 2025-2035

consumption status and trends of palm oil
                                               
                                               
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IndexBoxLatin America and Caribbean's Palm Oil Market to Reach 6M

consumption status and trends of palm oil
                                               
                                               
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  • What is the global consumption of palm oil?
  • Global consumption of palm oil is forecast to reach 18 million metric tons by 2026, up from 17.3 million metric tons in 2021. This is a 0.9% annual growth rate, slightly higher than the 0.6% rate seen since 2017. In 2021, China was the top consumer of palm oil, with 2.95 million metric tons.
  • What is the growth rate of the palm oil market?
  • Biofuels, personal care, and industrial applications will collectively represent the remaining 26.9%. Overall, the palm oil market is projected to grow at a CAGR of 4.5%. A comparison analysis is as below for a six-month fluctuation in the CAGR of the base year (2025 and 2024 respectively) of the global palm oil industry.
  • Why is palm oil in high demand?
  • As one of the most efficient and versatile vegetable oils, palm oil remains in high demand due to its low cost of production and long shelf life. Expanding populations, rising urbanization, and increasing consumption of processed foods are key drivers of continued global demand.
  • What is the growth rate of palm oil in 2026?
  • Zimbabwe saw an increase of 6.3% year-on-year, while Papua New Guinea saw a decrease of 10.3% over the same period. Global production of palm oil is expected to reach 87.7 million metric tons by 2026, up from 76.8 million metric tons in 2021. This represents a 2.2% annual growth rate, higher than the 5.7% rate seen since 1966.
  • How much palm oil is consumed in 2024/25?
  • That figure is projected to increase to approximately 78 million metric tons during 2024/25. Palm oil is an edible vegetable oil commonly used for food products, detergents, and cosmetics. In the United States, palm oil consumption amounts to approximately 1.7 million metric tons annually.
  • What are the major factors driving the global palm oil market?
  • Increasing demand for palm oil in food processing and cooking and growth in the biofuels sector driving palm oil usage are the major factors driving the growth of the global palm oil market. What are the key factors hampering growth of the global palm oil market?