UAE Palm Oil Market Size Worth $467.1 Million By 2025 | CAGR: 9.9%

April 2017 | Report Format: Electronic (PDF)

The UAE palm oil market is expected to reach USD 467.1 million by 2025, according to a new report by Grand View Research, Inc. Growing health concerns regarding trans-fat consumption has driven consumer preference towards saturated fats, such as palm oil, that contain antioxidants and other nutrients.

Increasing demand for high-quality food products from tourists as well as local consumers has driven its demand. Its fractions and derivatives are also widely utilized as alternatives for expensive bakery fats and vegetable oils including groundnut, coconut & sunflower. Additionally, food & beverage processors are increasingly opting for the product owing to its high availability, lower cost & high yield in limited cultivation space.

Crude palm oil (CPO) emerged as the dominant product category in 2015 with over 90% market share. Volatile petroleum prices along with rising awareness regarding sustainable energy & raw material source have boosted the demand for inexpensive & sustainable oils. CPO has garnered high interest mainly in cooking (edible) applications owing to its flavor compatibility, nutritional content and health benefits.

Cosmetics are expected to witness highest growth rate of 10.4% CAGR among all applcations. Strong consumer confidence & growing fashion & beauty consciousness, boosted by media exposure & Western influences have had a positive impact on the industry. The oil is used as an emollient, surfactant, moisturizer and other cosmetic agent owing to its high dermatological compatibility and low cost.

 To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/uae-palm-oil-market

Further key findings from the report suggest:

  • The UAE palm oil market exceeded 155 kilo tons in 2015 and is expected to grow at about 8.2% CAGR from 2016 to 2025

  • The shift in trend towards production of high-quality oleo chemicals is expected to generate lucrative opportunities for industry participants over the near future

  • The transition towards sustainable and renewable energy sources has significantly driven palm oil demand in biodiesel and bio-fuel applications since the biomass yields high amount of energy even when processed in small quantities

  • Rapid expansion of the construction sector has also contributed to palm lubricants demand in heavy-equipment and machinery in residential as well as commercial applications

  • The palm stearin segment is anticipated to grow at a CAGR of 8.6% in terms of volume, owing to its enhanced functional characteristics that prove crucial to bakeries & confectionaries across the country

  • Other fractions & derivatives have also witnessed significant growth in recent years owing to the growing popularity of blended oils in the food sector

  • Key players including Abu Dhabi Vegetable Oil Co., FELDA IFFCO, United Foods Company, Amira Nature Foods Ltd., ACCL International, Nuhu General Trading LLC, AA Middle East FZE, HAS Commodities, and AJWA MIGOP among others

Grand View Research has segmented the UAE palm oil market on the basis of product and application:

Product Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

  • Crude palm oil

    • RBD palm oil

    • Palm stearin

    • Palm olein

  • Palm kernel

    • Palm kernel oil

    • Palm kernel cake

Application Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

  • Edible oil

  • Cosmetics

  • Biodiesel

  • Lubricants

  • Surfactants

  • Other

Request Sample
Request for Customization

Choose License Type:

Single User - $4,950
Multi User - $7,950
Enterprise User - $9,950

Special Pricing & Discounts

Avail customized purchase options to meet your research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert. Request for a free product review before report purchase.

  • Custom research service

    Custom research service

    Speak to the report author to design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service excellence represented in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • BOA