largest palm oil processing plant manufacturer

                                               
                                               
                                               
                                               
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  • Who is the largest palm oil producer in the world?
  • Wilmar International Limited, a Singapore based agricultural business, is the leading palm oil production company in the world, in terms of market capitalization. In 2022, Wilmar International’s palm oil market capitalization amounted to 2.02 billion U.S. dollars. Palm oil production is on the rise worldwide.
  • What is the global market for palm oil?
  • According to Grand View Research, the global market for palm oil was valued at $67.3 billion in 2022 and is forecasted to grow at a CAGR of 5.1% from 2023 to 2030. As per Index Mundi, in 2022, Indonesia and Malaysia were the leading exporters of palm oil, while India, China, the EU, and Pakistan remained the leading importers.
  • Why are palm oil companies expanding their manufacturing facilities?
  • As per the analysis by IMARC Group, the top companies in the palm oil industry are focusing on expanding their manufacturing facilities to meet the escalating product demand from various non-food applications, including personal care products, agrochemicals, biofuels, and surfactants.
  • Which countries produce the most palm oil?
  • These two countries are the largest producers of palm oil, accounting for around 84% of global production. Other major producing countries include Nigeria, Thailand, and Colombia. According to Grand View Research, the global market for palm oil was valued at $67.3 billion in 2022 and is forecasted to grow at a CAGR of 5.1% from 2023 to 2030.