MarketReportsOnline

MarketReportsOnline comprises of an online library of 2,50,000 reports and in-depth market research studies of over 5000+ micro markets. Palm oil is the most widely produced category of vegetable oil produced globally, despite high environmental concerns around its production. Globally, most of the palm oil is produced in Asia, Africa and South America because of the suitable weather conditions in these regions The global consumption of palm oil has grown consistently at approximately 7% per annum for the last two decades. The global demand has been growing substantially boosted by the rising consumption in emerging Asian economies primarily India and China. Indonesia is the largest palm oil producer in the world followed by Malaysia and Thailand. Indonesia and Malaysia together account for over 85% of the world supply of palm oil. Indonesia produced 31 million tonnes of palm oil in 2014 and in 2015 the country’s production is expected to experience limited gro...