Latin America Palm Oil Market Size & Outlook, 2026-2035
Global Market
Related Markets
Latin America palm oil market highlights
- The Latin America palm oil market generated a revenue of USD 2,466.9 million in 2025.
- The market is expected to grow at a CAGR of 3.1% from 2026 to 2035.
- In terms of segment, crude palm oil was the largest revenue generating product in 2025.
- Palm Kernel Oil is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2035.
Latin America data book summary
| Market revenue in 2025 | USD 2,466.9 million |
| Market revenue in 2035 | USD 3,384.5 million |
| Growth rate | 3.1% (CAGR from 2026 to 2035) |
| Largest segment | Crude palm oil |
| Fastest growing segment | Palm Kernel Oil |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2035 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Crude Palm Oil, Palm Kernel Oil, RBD Palm Oil, Fractionated Palm Oil |
| Key market players worldwide | Archer-Daniels Midland Co, Wilmar International Ltd, SD Guthrie Bhd, Kuala Lumpur Kepong Bhd, United Plantation Berhad, PT Sampoerna Agro Tbk, Univanich Palm Oil PCL Units Non-voting Depository Receipts, PT Bakrie & Brothers Tbk Registered Shs Series -A- |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.3% of the global palm oil market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2035.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 86,574.7 million by 2035.
The Central & South American market is led by Brazil and is anticipated to grow remarkably owing to the increasing demand for food & beverages and personal care & cosmetic products in the region. Constant changes in consumer trends and lifestyles are driving the growth of the personal care & cosmetics market.
Key players are focusing on novel technologies for producing natural and organic products so that they can easily adapt to the new trends and meet the consumer demands for healthy and nutritive products in the region.
The home care segment in Brazil is dominated by the soap & detergents market in terms of revenue. Consumers in the local areas are reluctant to purchase new products. According to the global cosmetics industry, more than 80% users of personal care products, especially skincare products in Brazil, prefer organic and natural ingredients.
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Publish Date: Dec 02, 2025
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Palm Oil Market Scope
Palm Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Archer-Daniels Midland Co | View profile | 41,802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | www.adm.com |
| Wilmar International Ltd | View profile | 100,000 | 28 Biopolis Road, Wilmar International, Singapore, Singapore, 138568 | www.wilmar-international.com |
| SD Guthrie Bhd | View profile | 84,000 | No. 2, Jalan PJU 1A/7, Plantation Tower, Level 10, Main Block, Ara Damansara, Petaling Jaya, SGR, Malaysia, 47301 | www.sdguthrie.com |
| Kuala Lumpur Kepong Bhd | View profile | 63,864 | No. 1, Jalan S.P. Seenivasagam, Wisma Taiko, Ipoh, PRK, Malaysia, 30000 | www.klk.com.my |
| United Plantation Berhad | View profile | 6,624 | Jendarata Estate, Teluk Intan, PRK, Malaysia, 36009 | www.unitedplantations.com |
| PT Sampoerna Agro Tbk | View profile | 8,845 | Jalan Basuki Rahmat No. 788, South Sumatera, Palembang, Indonesia, 30127 | www.sampoernaagro.com |
| Univanich Palm Oil PCL Units Non-voting Depository Receipts | View profile | - | 258 Aoluk-Laemsak Road, Ampur Aoluk, P.O.Box 8-9, Krabi, Thailand, 81110 | www.univanich.com |
| PT Bakrie & Brothers Tbk Registered Shs Series -A- | View profile | 2,559 | Jalan HR Rasuna Said, Bakrie Tower, 35th, 36th, 37th Floor, Rasuna Epicentrum Complex, Jakarta, Indonesia, 12940 | www.bakrie-brothers.com |
Latin America Palm Oil Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Palm Oil Market Outlook will help companies and investors design strategic landscapes.
Crude Palm Oil was the largest segment with a revenue share of 76.63% in 2025.
Horizon Databook has segmented the Latin America palm oil market based on crude palm oil, palm kernel oil, rbd palm oil, fractionated palm oil covering the revenue growth of each sub-segment from 2021 to 2035.
The Central & South American market is led by Brazil and is anticipated to grow remarkably owing to the increasing demand for food & beverages and personal care & cosmetic products in the region. Constant changes in consumer trends and lifestyles are driving the growth of the personal care & cosmetics market.
Key players are focusing on novel technologies for producing natural and organic products so that they can easily adapt to the new trends and meet the consumer demands for healthy and nutritive products in the region.
The home care segment in Brazil is dominated by the soap & detergents market in terms of revenue. Consumers in the local areas are reluctant to purchase new products. According to the global cosmetics industry, more than 80% users of personal care products, especially skincare products in Brazil, prefer organic and natural ingredients.
- Latin America Palm Oil Market Product Outlook (Revenue, USD Million , 2021-2035)
- Crude Palm Oil
- Palm Kernel Oil
- RBD Palm Oil
- Fractionated Palm Oil
- Latin America Palm Oil Market End Use Outlook (Revenue, USD Million , 2021-2035)
- Food & Beverage
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmaceuticals
- Others
- Latin America Palm Oil Market Nature Outlook (Revenue, USD Million , 2021-2035)
- Conventional
- Organic
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Palm Oil Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Palm Oil Market Outlook from 2021 to 2035, including revenue numbers, major trends, and company profiles.
Latin America Palm Oil Market, 2021-2035 (US$M)
Latin America palm oil market statistics, by product, 2021-2035 (US$M)
