Growth Drivers and Future Projections for the Palm Oil Market

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2025-09-15 08:27:34 -

Market Overview The global palm oil market was valued at USD 63.65 billion in 2021 and is expected to grow at a CAGR of 5.0% during the forecast period. With its cost-effectiveness, higher yield compared to other oil crops, and widespread application, palm oil has become a cornerstone in the global vegetable oil industry. The growing population, rising consumption of packaged...

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