The North America and Europe palm derivatives market has witnessed continued demand over the last few years and is projected to reach USD 35,573.7 million at a CAGR of 10.67% by 2028, in terms of value. North America and Europe are the major consumers and largest importers of palm derivatives.

The growth of the palm derivatives market is attributed to the various factors. Palm oil has multiple health benefits as it reduces cholesterol level, assists in lowering the risk of heart diseases, enhances vitamin A in blood, reduces oxidative stress, and improves the health of skin and hair, among others. Palm oil is used as an ingredient both in food and non-food industries.

The oleochemical industry is highly inclined towards palm oil owing to its easier availability in comparison to other vegetable oils. Palm oil is a relatively economic option than the other vegetable oils which is anticipated to further propel the growth of the palm derivatives market in North America and Europe market, at a high pace.

The production of palm derivatives is mainly concentrated in Asia-Pacific, and most of the palms are exported to North America and Europe. In Asia-Pacific, the Philippines, Indonesia, and India are the major suppliers of palms.

The prices of raw material are volatile owing to the demand and supply gap of palm. Moreover, palm oil is majorly produced in the southeastern part of Asia-Pacific and are imported in bulk quantities to North America and Europe, which also increases the dependence on Asia-Pacific for price determination.

Related Reports: Global Sustainable Palm Oil Market Analysis and Forecast Report 2030

Regional Analysis
The North American market is projected to register a significant growth rate during the forecast period of 2018–2028. One of the significant factors detrimental to the growth of palm derivatives market is the increasing demand from end-users owing to various health benefits of palm and its derivatives such as palm oil, palm kernel oil, and palm kernel cake.

The rising demand for palm oil in cosmetics and personal care industries are the major factors fueling the growth of palm derivatives market in North America. The US and Mexican markets are estimated to account for a significant market share in the North America region throughout the forecast period of 2018-2028.

The consumption of palm derivatives is exceptionally high in Europe, especially in Italy, Germany, and Spain and they contribute significantly to the high market share of Europe in the palm derivatives market.

It is also noteworthy that Europe is among the top importers of palm derivatives, followed by India and China. The European countries are also highly emphasizing the consumption of certified palm derivatives to support the sustainability of the commodity. Moreover, organic palm oil is used widely in the production process of biodiesel which in turn escalates the growth of palm derivatives market in Europe.

Segmentation
By type, the palm derivatives market has been segmented into palm oil, palm kernel oil, and palm kernel cake. Palm oil accounted for the major market share in the North American and European markets and is expected to retain its dominance throughout the forecast period from 2018–2028.
On the basis of category, the palm derivatives market has been segmented into conventional and organic derivatives.

The palm derivatives market has been segmented, on the basis of application, into food & beverages, cosmetics & personal care, biodiesel, and others

Key Players
The leading market players in the North America and Europe palm derivatives market are Cargill Incorporated (US), Wilmar International Ltd (Singapore), Sime Darby Berhad (Malaysia), Golden Agri-Resources Ltd (Singapore), PT Astra Agro Lestari Tbk (Indonesia), IOI Corporation Berhad (Malaysia), London Sumatra Indonesia Tbk (Indonesia), Kulim (Malaysia) Berhad (Malaysia), Tradewinds Plantation (Malaysia), and The Clorox Company (US)

Target Audience
• Food & beverages manufacturers
• Palm derivatives manufacturers
• Raw material suppliers
• End users
• Retailers and wholesalers
• E-commerce companies
• Traders, importers, and exporters

Key Findings
• Based on type, the palm oil segment is expected to account for the highest market share during the forecast period of 2018–2028. On the other hand, the palm kernel oil segment is projected to grow significantly, registering a CAGR of 11.22% during the forecast period.
• Based on application, the food & beverages segment is expected to exhibit a growth rate of 12.08% during the forecast period of 2018–2028 and expected to reach USD 17,264.5 million by the end of 2028. The cosmetics & personal care segment is projected to grow at a significant growth rate of 9.86% during the forecast period.

Regional and Country Analysis of Palm Derivatives Market—Development and Demand Forecast till 2028
the North America and Europe Palm Derivatives market is estimated to reach USD 35.57 billion during the forecast period 2018 to 2028, registering a CAGR of 10.67%

The report also offers a brief country-level analysis for the various regional markets.
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe

The post North America & Europe Palm Derivatives Market Research Report – Forecast till 2028 first appeared on CRI Report.

With the increasing income per capita of Chinese people, the dietary structure changes significantly, which leads to a growing demand for edible vegetable oil. The output volume of China edible vegetable oil reached about 67.3 million tons increasing by about 3.1% YOY with the CAGR of about 15.4% from 2005 to 2015. Regardless of the double counting in refining and packaging processes of raw materials as well as the import, the actual consumption volume of edible vegetable oil was about 34 million tons in China in 2015.

Major shares are occupied by soybean oil, rapeseed oil, palm oil and peanut oil in edible vegetable oil market in China, of which the palm oil is mainly used for the food industry. Products with a small market share (e.g. corn oil and olive oil) account for an increasing share in China edible vegetable oil market in recent years. The major reason is that Chinese people consider these varieties are healthier.

As the revenues of planting oil crops are rather lower in China and a large amount of labor force moves from rural to urban areas, the output volume of oil crops can hardly increase at high speed. In recent years, the annual cultivated area of oil crops including soybeans is about over 20 million hectares while the annual output volume is less than 50 million tons. Oil crops needed in the production of vegetable oil of enterprises are largely dependent on import and this dependence ratio increases to over 60%. With the limited output volume of oil crops in China, increasing import is the major channel to meet the growing demand for vegetable oil.

The imported volume of edible vegetable oil was 6.76 million tons increasing by 4% YOY in China in 2015. In addition, China imports large amount of oil crops. In 2015, the import volume of soybeans was 81.7 million tons increasing by 14.6% YOY with an import value of USD 34.83 billion. Meanwhile, the annual import value of oil crops and vegetable oil exceeds USD 50 billion in China.

In China, there are tens of thousands of edible oil processing enterprises with an annual production capacity of over 200 million tons. However, major shares are occupied by top 10 enterprises of the edible vegetable oil market, including Yihai Kerry, COFCO Corporation and Chinatex Corporation.

Edible oil prices are slump due to the sufficient domestic oil supply, leading to lowering edible vegetable oil prices of oil processing enterprises for market shares from 2012. By the end of 2015, soybean oil, rapeseed oil and palm oil experienced the lowest prices in the past five years.

China edible vegetable oil industry is confronted with some problems in the development. For example: Whether transgenic soybean oil is harmful to the health? How can we completely prevent bad men from substituting vegetable oil with swill-cooked dirty oil to sell to consumers?

Cuisine styles such as decocting and frying are preferred in Chinese food. The consumption volume of edible vegetable oil will keep increasing for the growth of the economy and population in China. Oil crop planting enterprises and vegetable oil processing and trading ones around the world can find huge investment opportunities in China.

Through this report, readers can acquire the following information:

-Supply and Demand Status of Edible Vegetable Oil in China

-Economic and Policy Environment of Edible Vegetable Oil Industry in China

-Competition Status of Edible Vegetable Oil Market in China

-Analysis on Major Edible Vegetable Oil Varieties in China

-Import Status of Oil Crops and Edible Vegetable Oil in China

-Trend of Costs and Prices of Edible Vegetable Oil in China

-Major Edible Vegetable Oil Processing Enterprises and Their Operation Status in China

-Perspective of Edible Vegetable Oil Industry in China

Table of Contents

1 Basic Concepts of Edible Vegetable Oil Industry

1.1 Definition and Classification of Edible Vegetable Oil

1.1.1 Definition

1.1.2 Classification

1.2 Analysis on Industry Chain of Edible Vegetable Oil

1.3 Research Methods of the Report

1.3.1 Parameters and Assumptions

1.3.2 Data Sources

1.4 About CRI

2 Operation Status of Edible Vegetable Oil Industry in China, 2011-2016

2.1 Development Environment of Edible Oil Industry in China

2.1.1 Economic Environment

2.1.2 Policy Environment

2.2 Supply Status of Edible Vegetable Oil in China

2.2.1 Production Capacity

2.2.2 Major Enterprises

2.2.3 Output Volume

2.2 Market Demand for Edible Vegetable Oil in China

2.2.1 Total Demand Volume

2.2.2.2 Demand Structure

2.2.3 Major Consumer Group

3 Import and Export Status of Edible Vegetable Oil in China, 2011-2015

3.1 Import of Edible Vegetable Oil in China, 2011-2015

3.1.1 Total Import Volume

3.1.2 Structure of Imported Varieties

3.1.3 Major Sources of Import

3.2 Export of Edible Vegetable Oil in China

3.2.1 Overview

3.2.2 Major Exported Varieties

3.2.3 Major Export Destinations

3.3 Import and Export Status of Oil Crops in China, 2011-2015

4 Price Trend of Raw Materials and Products of Edible Vegetable Oil in China, 2013-2016

4.1 Analysis on Oil Crop Market in China, 2013-2016

4.1.1 Soybean

4.1.2 Rapeseed

4.1.3 Peanut

4.2 Price Trend of Edible Vegetable Oil in China, 2013-2016

5 Analysis on Key Sub-industries of Edible Vegetable Oil in China, 2011-2015

5.1 Soybean Oil

5.1.1 Industry Overview

5.1.2 Supply and Demand Status of Soybean Oil in China, 2011-2015

5.2 Rapeseed Oil

5.2.1 Industry Overview

5.2.2 Supply and Demand Status

5.3 Peanut Oil

5.3.1 Market Overview

5.3.2 Supply and Demand Status

5.4 Palm Oil

5.4.1 Market Overview

5.4.2 Supply and Demand Status in China

5.5 Other Varieties of Edible Vegetable Oil

6 Competition Status of Edible Vegetable Oil Industry in China, 2011-2016

6.1 Barriers to Entry in Edible Vegetable Oil Industry in China

6.1.1 Policy Barriers

6.1.2 Brand Barriers

6.1.3 Sales Channel Barriers

6.1.4 Technical Barriers

6.2 Competition Structure of Edible Vegetable Oil Industry in China

6.2.1 Competition among Existing Enterprises

6.2.2 Bargaining Ability of Suppliers

6.2.3 Bargaining Ability of Downstream Customers

6.2.4 Potential Entrants

6.2.5 Substitutes

7 Analysis on Major Edible Vegetable Oil Processing Enterprises in China, 2013-2016

7.1 Yihai Kerry

7.1.1 Enterprise Profile of Yihai Kerry

7.1.2 Analysis on Edible Vegetable Oil Business of Yihai Kerry

7.2 COFCO Corporation

7.1.1 Enterprise Profile of COFCO Corporation

7.1.2 Analysis on Edible Vegetable Oil Business of COFCO Corporation

7.3 China Grain Reserves Corporation

7.4 Jiusan Oils & Grains Industries Group Co., Ltd.

7.5 Chinatex Grains and Oils Import & Export Co., Ltd.

7.6 Shandong Bohi Oils and Fats Industry Co., Ltd.

7.7 Cargill

7.8 Bunge

7.9 Nobel Group

7.10 Louis Dreyfus

8 Perspective of Edible Vegetable Oil Industry in China, 2016-2020

8.1 Factors Influencing Development

8.1.1 Opportunities and Driving Forces of Edible Vegetable Oil Industry in China

8.1.2 Risks and Challenges in Edible Vegetable Oil Industry in China

8.2 Forecast on Supply and Demand of Edible Vegetable Oil in China, 2016-2020

8.2.1 Forecast on Supply

8.2.2 Forecast on Demand

8.3 Investment and Development Suggestions on Edible Vegetable Oil Industry in China

8.3.1 Sub-variety Investment Opportunities

8.3.2 Regional Investment Opportunities

8.3.3 Development Proposals

Selected Charts

Chart Output Volume of Edible Vegetable Oil in China, 2011-2015

Chart Consumption Volume of Edible Vegetable Oil in China, 2011-2015

Chart Consumption of Edible Vegetable Oil Per Capita in China, 2011-2015

Chart Import Volume and Import Value of Edible Vegetable Oil in China, 2011-2015

Chart Structure of Imported Edible Vegetable Oil in China, 2015

Chart Import Volume of Soybeans in China, 2011-2015

Chart Output Volume of Rapeseeds in China, 2011-2015

Chart Output Volume of Peanuts in China, 2011-2015

Chart Import Status of Oil Crops in China, 2011-2015

Chart Output Volume and Import Volume of Soybean Oil in China, 2011-2015

Chart Output Volume and Import Volume of Rapeseed Oil in China, 2011-2015

Chart Output Volume of Peanut Oil in China, 2011-2015

Chart Major Edible Vegetable Oil Brands of Yihai Kerry in China

Chart Forecast on Output Volume of Edible Vegetable Oil in China, 2016-2020

Chart Forecast on Demand Volume of Edible Vegetable Oil in China, 2016-2020

Chart Forecast on Market Size of Edible Vegetable Oil in China, 2016-2020

The post Research Report on China Edible Vegetable Oil Industry, 2016-2020 first appeared on CRI Report.