Refined and Crude Palm Oil Segments Drive Market Diversification in...

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2025-10-14 17:45:45

Refined and Crude Palm Oil Segments Drive Market Diversification in Food and Biofuel Industries

The global palm oil market was valued at USD 73.40 billion in 2024 and is projected to expand at a CAGR of 5.0% from 2025 to 2034. Market segmentation by product type, application, and end-use industry underscores targeted growth prospects. By product type, crude palm oil and refined palm oil dominate the market, while specialty fractions such as palm olein, stearin, and kernel oil are...

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