Nov 29, 2018 (MarketersMedia via COMTEX) -- Palm Oil Market Global Research Report by Type (Crude Palm Oil, Palm Kernel Oil and others), Application (Edible Oil, Bio-Diesel, Lubricants, Cosmetics and others) and Region (North America, Europe, Asia Pacific and Row) - Forecast till 2023
pune, India - November 29, 2018 /MarketersMedia/ --
The global palm oil market is predicted to expand at 7.6% CAGR over the forecast period (2017-2023) owing to its extensive demand in several applications such as bio-diesel, cooking, lubricants, and more, asserts Market Research Future (MRFR).
Future Drivers and Constraints Impacting the Market
Palm oil is witnessing a high demand in the global market as it can be used as a bio-diesel, cooking oil, cosmetics, lubricants, and others.
More than 90 institutional investors representing $6.7 trillion in assets under management have written to the Roundtable on Sustainable Palm Oil (RSPO) calling on it to strengthen its green certification standards for palm oil production.
