Get the latest insights on price movement and trend analysis of RBD Palm Kernel Olein in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Palm Oil fell to 4,251 MYR/T on August 1, 2025, down 0.61% from the previous day. Over the past month, Palm Oil's price has risen 4.63%, and is up 8.53% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil - values, historical data, forecasts and news - updated on August of 2025.

This statistic depicts the average monthly prices for palm oil worldwide from January 2014 through June 2025. In June 2025, the average monthly price for palm oil worldwide stood at ****** nominal U.S. dollars per metric ton.

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Palm Oil Market Size 2025-2029

The palm oil market size is forecast to increase by USD 54.4 billion, at a CAGR of 9% between 2024 and 2029.

The Palm Oil Market is segmented by application (edible oil, surfactants, bio-diesel, others), type (conventional, organic), and geography (Europe: Germany, UK; Middle East and Africa: Qatar, UAE; APAC: China, India, Indonesia, Malaysia, Pakistan; Rest of World). This segmentation reflects the market's growth, driven by high demand for edible oil and bio-diesel applications, with conventional palm oil dominating and significant production and export contributions from Indonesia and Malaysia in the APAC region.
The market is driven by the increasing consumer awareness towards the health benefits associated with palm oil. This trend is fueled by the growing recognition of palm oil's role in various food products and its nutritional properties. Key end-use sectors include instant noodles, cereals, candles, shampoos, detergents, and biofuel production. A new growth avenue for palm oil is emerging in the biodiesel sector, as governments and industries seek sustainable alternatives to fossil fuels. However, this market faces significant challenges. Deforestation and plant diversity losses remain pressing concerns, with negative environmental impacts threatening the industry's reputation and long-term sustainability.
Companies must navigate these challenges by implementing responsible sourcing practices and investing in sustainable production methods to meet evolving consumer demands and regulatory requirements. By focusing on these strategic priorities, players in the market can capitalize on emerging opportunities while mitigating risks and ensuring long-term growth.

What will be the Size of the Palm Oil Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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Palm oil, derived from the fruit of the oil palm tree, continues to be a dynamic and evolving market due to its diverse applications across various sectors. Crude palm oil serves as a primary ingredient in food processing, cosmetics, and biodiesel production. The ongoing development of palm oil technology advances the industry's efficiency and sustainability, with innovations in refining processes, palm oil mill operations, and transportation methods. Sustainability remains a significant focus, as concerns over greenhouse gas emissions and land use change persist. Regulations and certifications, such as the Roundtable on Sustainable Palm Oil (RSPO), aim to promote sustainable practices in palm oil production.

These efforts extend to the supply chain, with increasing emphasis on transparency and responsible sourcing. Palm oil byproducts, including palm oil biogas and biofertilizer, offer additional value to the industry. The versatility of palm oil extends to the creation of palm oil biofuel, contributing to the energy sector. The continuous unfolding of market activities reveals the potential for further growth and innovation, as the industry adapts to evolving consumer demands and regulatory requirements. Forest conservation and the reduction of deforestation are essential considerations for the palm oil sector. The industry's impact on greenhouse gas emissions and land use change necessitates ongoing efforts to minimize environmental harm while maintaining economic viability.

The palm oil futures market reflects the industry's volatility and the importance of effective price risk management for investors. In the realm of palm oil plantations, advancements in technology and sustainable practices are essential to maintaining profitability and addressing environmental concerns. The palm oil mill sector continues to optimize processes, while transportation methods evolve to ensure efficient and cost-effective delivery of crude palm oil and its derivatives. Refined palm oil and its derivatives, such as palm kernel oil, are integral components of numerous industries, from food and beverage to cosmetics and biofuels. As the market continues to evolve, investment opportunities arise in various sectors, from technology and production to trading and logistics.

The dynamic nature of the market ensures a constant flow of innovation and growth.

How is this Palm Oil Industry segmented?

The palm oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Edible oil
  Surfactants
  Bio-diesel
  Others


Type

  Conventional
  Organic


Geography

  Europe

    Germany
    UK


  Middle East and Africa

    Qatar
    UAE


  APAC

    China
    India
    Indonesia
    Malaysia
    Pakistan


  Rest of World (ROW)

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The global RBD Palm Olein market is experiencing robust growth, driven by its increasing application in the food industry, particularly in the manufacturing of processed foods and cooking oils. The rising demand for convenient and affordable food products, coupled with the favorable price point and functional properties of RBD Palm Olein, are major contributing factors to this market expansion. Furthermore, the retail sector is a significant consumer, utilizing RBD Palm Olein as a key ingredient in various packaged goods. While challenges exist, such as fluctuating crude palm oil prices and growing concerns regarding sustainability, the market is expected to maintain a healthy Compound Annual Growth Rate (CAGR) of approximately 5% from 2025 to 2033. This growth is projected to be largely driven by expanding economies in Asia-Pacific, particularly in regions like India and Southeast Asia, where demand for edible oils continues to increase alongside population growth and rising disposable incomes. Significant players like Cargill, Musim Mas, and IOI Group are strategically investing in capacity expansion and exploring sustainable sourcing practices to cater to this burgeoning market. The market segmentation is largely determined by application (food industry and retail dominating), with emerging applications in other sectors showing potential for future growth. Regional analysis reveals significant market share for Asia-Pacific, owing to high production and consumption within the region, followed by North America and Europe. The RBD Palm Olein market's growth trajectory is also influenced by several trends. A growing preference for healthier alternatives and increased awareness of sustainability concerns are pushing manufacturers to adopt more eco-friendly practices and transparent sourcing. This is leading to an increase in certified sustainable RBD Palm Olein, creating a new segment with premium pricing. Government regulations aimed at promoting sustainable agriculture and reducing deforestation are also impacting the market, favoring producers adhering to responsible sourcing guidelines. The market faces constraints such as price volatility of raw materials, competition from other vegetable oils, and concerns regarding the environmental impact of palm oil production. However, continuous improvements in processing techniques, advancements in sustainability practices, and diversification into new applications suggest that the RBD Palm Olein market will navigate these challenges effectively and continue its robust growth.

Why did the Palm Oil Price Change in July 2025? Palm oil spot prices in North America experienced a generally stable to slightly downward trend during Q2 2025, with an average charge of approximately -3.61%.

The global Refined, Bleached, and Deodorized Palm Oil (RBDPO) market is experiencing robust growth, driven by its widespread use in food applications (cooking oil and margarine) and the burgeoning biodiesel industry. The market, estimated at $50 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching approximately $70 billion by 2033. This growth is fueled by several factors: increasing global population and rising disposable incomes leading to higher demand for edible oils; the growing popularity of palm oil as a cost-effective and versatile ingredient across various food products; and the increasing adoption of biodiesel as a sustainable alternative fuel, further boosting RBDPO demand. However, the market faces challenges like fluctuating crude palm oil prices, environmental concerns regarding deforestation associated with palm oil cultivation, and increasing competition from other vegetable oils. The market is segmented by application (RBD Palm Olein, RBD Palm Stearin, Biodiesel) and refining type (Physical, Chemical), with the food application segment holding the largest market share due to its versatile applications in cooking oils and food manufacturing. Key players like Wilmar International, FGV Holdings, and IOI Group dominate the market, leveraging their extensive production capabilities and global distribution networks. Regional growth varies significantly, with Asia Pacific remaining the largest market due to high palm oil consumption, followed by Europe and North America. The shift towards sustainable palm oil production practices and the development of innovative RBDPO-based products will play a crucial role in shaping the future of this market. The competitive landscape is highly concentrated, with a few large players holding significant market share. However, smaller players are also gaining traction through specialized product offerings and focusing on niche markets. Future growth opportunities lie in expanding into emerging markets, developing sustainable and traceable palm oil supply chains, and innovating new RBDPO-based products for various applications, including personal care and cosmetics. The increasing regulatory scrutiny regarding deforestation and environmental impact necessitates the adoption of sustainable practices by major players, shaping industry dynamics and influencing consumer preferences towards responsibly sourced RBDPO. This will require significant investment in sustainable sourcing initiatives and transparent supply chain management. Technological advancements in refining processes are also expected to improve efficiency and reduce production costs.

The global Refined, Bleached, and Deodorized (RBD) Palm Olein market is experiencing robust growth, driven by increasing demand from the food and chemical industries. This market is segmented by application (food industry, chemical industry) and type (CP6, CP8, CP10 grades). While precise market size figures for 2025 are not provided, industry reports suggest a substantial market value. Let's assume, for illustrative purposes, a 2025 market size of $10 billion USD. Given a projected CAGR (Compound Annual Growth Rate) of, let's assume, 5%, the market is poised for significant expansion. This growth is fueled by several factors, including the rising global population and increasing disposable incomes, leading to greater consumption of processed foods and personal care products that utilize palm olein. Furthermore, the versatility of palm olein, allowing for its use in various applications, contributes to this expansion. The market is geographically diverse, with significant contributions from regions like Asia-Pacific, Europe, and North America. Key players like Wilmar International Ltd, Usha Edible Oil, and Louis Dreyfus Company are instrumental in shaping market dynamics through their production and distribution networks. However, the market faces challenges such as fluctuations in palm oil prices, concerns regarding sustainability and deforestation associated with palm oil production, and increasing health consciousness among consumers who are opting for alternative oils. These restraints could potentially impact the market’s growth trajectory. Nevertheless, technological advancements in sustainable palm oil production, coupled with the ongoing development of new applications for palm olein, are expected to mitigate some of these constraints and support continued market expansion throughout the forecast period (2025-2033). The market segmentation allows for targeted strategies, understanding specific grade demands and their applications. Future growth will depend significantly on addressing sustainability concerns and capitalizing on innovations that meet changing consumer demands. Our estimated 5% CAGR translates to a substantial increase in market value by 2033, indicating a significant investment opportunity in this dynamic sector. Comprehensive Report: Global RBD Palm Olein Market Analysis This in-depth report provides a comprehensive analysis of the global Refined, Bleached, and Deodorized (RBD) palm olein market, offering valuable insights for industry stakeholders, investors, and researchers. The market is valued in the billions, with annual production exceeding 15 million metric tons. This report delves into production, consumption, pricing trends, and future market prospects, examining key players and emerging trends in detail.

In 2024, the Pakistani crude palm oil market decreased by -80.2% to $12M, falling for the fifth consecutive year after three years of growth. Overall, consumption continues to indicate a sharp curtailment. Crude palm oil consumption peaked at $430M in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

The RBD Palm Olein market has seen exponential growth in recent years, driven by the rising demand for versatile and cost-effective cooking oils. Refined, Bleached, and Deodorized (RBD) Palm Olein is a semi-liquid oil derived from the fruit of oil palm trees, known for its stability and health benefits compared to o

The global Refined Bleached Deodorized Palm Oil (RBDPO) market is experiencing robust growth, driven by increasing demand for vegetable oils in food applications and the biofuel industry. The market size in 2025 is estimated at $25 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several key factors: rising global population and consequent increased food consumption, expanding use of palm oil in processed foods (cooking oils, bakery products, confectionery), and the growing adoption of biodiesel as a sustainable alternative fuel. The increasing health consciousness among consumers is leading to a demand for healthier cooking oils, which presents both an opportunity and a challenge for the RBDPO market. The market is segmented by refining type (physical and chemical) and application (RBD palm olein, RBD palm stearin, and biodiesel), each showing varying growth trajectories. The physical refining segment is currently dominant, but the chemical refining segment is projected to gain significant traction due to its ability to produce higher-quality oils. Major players in the RBDPO market, including FGV Holdings, IOI Group, Wilmar International, and Sime Darby Plantation, are actively investing in research and development, optimizing production processes, and exploring new market opportunities to maintain their competitive edge. Geographic segmentation reveals strong growth in the Asia-Pacific region, driven by substantial palm oil production and consumption within this area. However, North America and Europe are also experiencing notable growth, propelled by the increasing demand for sustainable and cost-effective vegetable oils. While the market enjoys several tailwinds, potential restraints include fluctuating crude palm oil prices, environmental concerns surrounding palm oil production (deforestation, habitat loss), and competition from other vegetable oils. The industry needs to address these challenges by improving sustainability practices and promoting the health benefits of RBDPO to solidify its position in the global edible oils market. Effective supply chain management and investment in technological advancements will further influence market competitiveness and future growth trajectories. The forecast period of 2025-2033 promises sustained expansion for the RBDPO market, yet the ability to address environmental concerns and consistently offer quality products will be key determinants of long-term success. This report provides a comprehensive analysis of the Refined Bleached Deodorised Palm Oil (RBDPO) market, a crucial component in numerous industries. Valued at an estimated $30 billion USD annually, this market is characterized by intense competition and significant growth potential. This in-depth study will offer key insights into production, consumption, and market dynamics for informed decision-making.