Palm Oil Market Report by Consumption (Indonesia, India, China, the European Union, Malaysia, Pakist

Renubresearch0117 May, 2024Business

The global palm oil market is anticipated to grow to US$ 87.40 Billion by 2028, according to Renub Research. Palm oil is a vegetable oil obtained from the fruit of oil palm trees. It is technically known as Elaeis guineensis. It is available in two forms: crude palm oil, acquired by pressing the fleshy section of the fruit, and palm kernel oil, produced by crushing the stone within the fruit.