Algeria market research of palm oil production

Global Market Report: Palm Oil Prices and Sustainability

  • Algeria market research of palm oil production
  • Algeria market research of palm oil production
  • Algeria market research of palm oil production
  • Algeria market research of palm oil production

Algeria's Crude Palm Oil Market Report 2024 Prices, Size,

Towards sustainable palm oil production: The positive

Palm Oil in Algeria The Observatory of Economic Complexity

Palm Oil Our World in Data

  • What is the global palm oil market size?
  • The global palm oil market size was valued at USD 70.44 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2030. The market is driven by exponentially growing demand from the food, beverage, biofuel, energy, personal care, and cosmetics industries.
  • How big is the palm oil industry in 2021?
  • The palm oil sector grew to a market value exceeding USD 50 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of at least 4%, reaching USD 65 billion by 2027 (Research and Markets, 2022). More than 7 million smallholders globally cultivate oil palm as their main form of livelihood (RSPO, 2022b).
  • How was the palm oil market analyzed?
  • The palm oil market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:
  • How do palm oil prices intersect with sustainability?
  • Therefore, examining how palm oil prices intersect with the sector’s sustainability is paramount. As with other commodity markets, palm oil prices are largely correlated with shifts in supply and demand and with price movements of competing products, such as other vegetable oils (e.g., sunflower and soybean oil) or biodiesel.

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