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Frequently Asked Questions
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What value is the palm oil market expected to touch by 2033?
Our research shows that the global palm oil market size was valued at approximately USD 57.82 billion in 2024 and is expected to reach USD 91.62 billion by 2033.
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What CAGR is the palm oil market expected to exhibit by 2033?
The palm oil market is expected to exhibit a CAGR of 5.2% by the forecasted year 2033.
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What are the driving factors of the palm oil market?
The wide utilization in the food industry and the application of the product in personal care and cosmetics drive the palm oil market growth.
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Which are the top companies operating in the palm oil market?
ADM, Wilmar International Ltd., Sime Darby Plantation Berhad, IOI Corporation Berhad, Kuala Lumpur Kepong Berhad, United Plantations Berhad, Kulim (Malaysia) Berhad, IJM Corporation Berhad, PT Sampoerna Agro, Tbk, Univanich Public Company Ltd., PT. Bakrie Sumatera Plantations tbk; Asian Agri and others are the top companies operating in the palm oil market.