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Africa Palm Oil Market Research Report Information by Type (Crude Palm Oil, RBD Palm Oil, Palm Kernel Oil and Fractionated Palm Oil), by Application (Edible Oil, Bio-Diesel, Lubricants, Cosmetics and Others) Industry Forecast to 2032

Publisher Market Research Future
Published Apr 21, 2025
Length 103 Pages
SKU # RESFT20014532

Description

The African palm oil market has emerged as one of the most significant regions in the global palm oil market because of the growing demand for edible oils, cosmetics, biodiesel, and food applications. Over the years, the Africa palm oil market has experienced significant development, with revenues estimated to reach $9.79 billion in 2023 and expected to reach $14.76 billion in 2032, a compound annual growth rate (CAGR) of 4.72%. Africa has recently experienced a substantial increase in the production of palm oil. The primary producers are Nigeria, Ghana, and Ivory Coast, which are used for both domestic consumption and export.

The demand for vegetable oils is on the rise because of the rapid growth in the population and urbanisation of Africa. The consumption of processed and convenience goods, which are primarily composed of palm oil, is on the rise as consumers transition to urban lifestyles. An additional critical factor is the growing African middle class, which is influencing their consumption habits and necessitating a greater quantity of palm oil-based products. In addition to its relatively low price in comparison to other vegetable oils, palm oil is versatile and has been extensively used in the preparation of food for both families and food manufacturing companies, which contributes to the trend.

Market Segmentation Analysis
Crude palm oil, RBD palm oil, palm kernel oil, and fractionated palm oil comprise the Africa palm oil market. The Fractionated Palm Oil segment was the market leader in 2023, with a value of USD 4,097.59 million. It is anticipated to reach USD 6,257.06 million by 2032. Further, it is anticipated that the Crude Palm Oil segment will experience a compound annual growth rate (CAGR) of 5.07% during the anticipated period.

Edible Oil, Bio-Diesel, Lubricants, Cosmetics, and Others comprise the Africa Palm Oil market, which has been segmented by application. In 2023, the Edible Oil segment held most of the market, with a value of USD 6,543.89 million. It is anticipated to increase to USD 9,716.29 million by 2032. Nevertheless, the Bio-Diesel segment is anticipated to experience the most significant development, with a compound annual growth rate (CAGR) of 4.53% during the forecast period.

The Africa Palm Oil Market report has been segmented by country, including South Africa, Egypt, Algeria, Nigeria, Morocco, Ghana, Kenya, Tanzania, and the Rest of Africa.

Major Players
ADM, Wilmar International Ltd, Sime Darby Plantation Berhad, IOI Corporation Berhad, Kuala Lumpur Kepong Berhad (KLK), Cargill Inc., Presco Plc, Univanich Palm Oil Public Company Ltd., and PT. Bakrie Sumatera Plantations Tbk are the primary participants in the Africa Palm Oil Market.

Table of Contents

103 Pages
1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Africa Palm Oil Market, By Type
1.1.2 Africa Palm Oil Market, By Application
1.1.3 Africa Palm Oil Market, By Region
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
2.5 Key Buying Criteria
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.5.3 Primary Research: Regional Coverage
3.6 Approaches For Market Size Estimation:
3.6.1 Consumption & Net Trade Approach
3.6.2 Revenue Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Technique
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
3.9 Teams And Analyst Contribution
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Demand For Edible Oils In Africa
4.2.2 Increasing Health Awareness About Palm Oil's Benefits
4.3 Restraints
4.3.1 Environmental Regulations Limit Palm Oil Cultivation Expansion
4.3.2 Competition From Other Vegetable Oils
4.4 Opportunity
4.4.1 Expanding Biofuel Applications In African Renewable Energy Initiatives
4.4.2 Increasing Use Of Palm Oil In Cosmetics And Skincare Products
4.5 Impact Analysis Of Covid -
5 Market Factor Analysis
5.1 Supply Chain Analysis
5.1.1 Production And Sourcing Of Raw Materials
5.1.2 Processing And Refining Of Palm Oil
5.1.3 Distribution Channels
5.1.4 End-user Consumption
5.2 Porter’s Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Threat Of Substitutes
5.2.4 Bargaining Power Of Buyers
5.2.5 Intensity Of Rivalry
6 Africa Palm Oil Market, By Type
6.1 Introduction
6.2 Crude Palm Oil
6.3 Rbd Palm Oil
6.4 Palm Kernel Oil
6.5 Fractionated Palm Oil
7 Africa Palm Oil Market, By Application
7.1 Introduction
7.2 Edible Oil
7.3 Bio-diesel
7.4 Lubricants
7.5 Cosmetics
7.6 Others
8 Africa Palm Oil Market, By Country
8.1 Overview
8.1.1 South Africa
8.1.2 Egypt
8.1.3 Algeria
8.1.4 Nigeria
8.1.5 Morocco
8.1.6 Ghana
8.1.7 Kenya
8.1.8 Tanzania
8.1.9 Rest Of Africa
9 Competitive Landscape
9.1 Competitive Overview
9.2 Major Players In The Africa Palm Oil Market
9.3 Major Players In Terms Of Market Disruptors & Innovators
9.4 Competitive Benchmarking
9.5 Strategies Of Market Leaders In The Africa Palm Oil Market
1.1 Leading Players In Terms Of The Number Of Developments In Market
9.5.1 Expansion/Acquisition/Partnership
10 Company Profiles
10.1 Adm
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products/Services Offered
10.1.4 Key Developments
10.1.5 Swot Analysis
10.1.6 Key Strategies
10.2 Wilmar International Ltd
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Products Offered
10.2.4 Key Developments
10.2.5 Swot Analysis
10.2.6 Key Strategies
10.3 Sime Darby Plantation Berhad
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Products Offered
10.3.4 Key Developments
10.3.5 Swot Analysis
10.3.6 Key Strategies
10.4 Ioi Corporation Berhad
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Products Offered
10.4.4 Key Developments
10.4.5 Swot Analysis
10.4.6 Key Strategies
10.5 Kuala Lumpur Kepong Berhad
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Products Offered
10.5.4 Key Developments
10.5.5 Swot Analysis
10.5.6 Key Strategies
10.6 Cargill Inc.
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products Offered
10.6.4 Key Developments
10.6.5 Swot Analysis
10.6.6 Key Strategies
10.7 Presco Plc
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Products/Services Offered
10.7.4 Key Developments
10.7.5 Swot Analysis
10.7.6 Key Strategies
10.8 Univanich Palm Oil Public Company Ltd.
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Products Offered
10.8.4 Key Developments
10.8.5 Swot Analysis
10.8.6 Key Strategies
10.9 Pt. Bakrie Sumatera Plantations Tbk
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Products Offered
10.9.4 Key Developments
10.9.5 Swot Analysis
10.9.6 Key Strategies
10.10 Olam Palm Gabon
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Products Offered
10.10.4 Key Developments
10.10.5 Swot Analysis
10.10.6 Key Strategies
11 Appendix
11.1 References
List Of Tables
Table 1 Qfd Modeling For Market Share Assessment
Table 2 Africa Palm Oil Market, By Type, 2018-2032 (Usd Million)
Table 3 Africa Palm Oil Market, By Application, 2018-2032 (Usd Million)
Table 4 Africa Palm Oil Market, By Country, 2018-2032 (Usd Million)
Table 5 South Africa Palm Oil Market, By Type, 2018-2032 (Usd Million)
Table 6 South Africa Palm Oil Market, By Application, 2018-2032 (Usd Million)
Table 7 Egypt Palm Oil Market, By Type, 2018-2032 (Usd Million)
Table 8 Egypt Palm Oil Market, By Application, 2018-2032 (Usd Million)
Table 9 Algeria Palm Oil Market, By Type, 2018-2032 (Usd Million)
Table 10 Algeria Palm Oil Market, By Application, 2018-2032 (Usd Million)
Table 11 Nigeria Palm Oil Market, By Type, 2018-2032 (Usd Million)
Table 12 Nigeria Palm Oil Market, By Application, 2018-2032 (Usd Million)
Table 13 Morocco Palm Oil Market, By Type, 2018-2032 (Usd Million)
Table 14 Morocco Palm Oil Market, By Application, 2018-2032 (Usd Million)
Table 15 Ghana Palm Oil Market, By Type, 2018-2032 (Usd Million)
Table 16 Ghana Palm Oil Market, By Application, 2018-2032 (Usd Million)
Table 17 Kenya Palm Oil Market, By Type, 2018-2032 (Usd Million)
Table 18 Kenya Palm Oil Market, By Application, 2018-2032 (Usd Million)
Table 19 Tanzania Palm Oil Market, By Type, 2018-2032 (Usd Million)
Table 20 Tanzania Palm Oil Market, By Application, 2018-2032 (Usd Million)
Table 21 Rest Of Africa Palm Oil Market, By Type, 2018-2032 (Usd Million)
Table 22 Rest Of Africa Palm Oil Market, By Application, 2018-2032 (Usd Million)
Table 23 Major Players In Terms Of Market Disruptors & Innovators
Table 24 Expansion/Acquisition/ Partnership
Table 25 Adm: Products/Services Offered
Table 26 Wilmar International Ltd: Products Offered
Table 27 Wilmar International Ltd: Key Developments
Table 28 Sime Darby Plantation Berhad: Products Offered
Table 29 Ioi Corporation Berhad: Products Offered
Table 30 Kuala Lumpur Kepong Berhad: Products Offered
Table 31 Kuala Lumpur Kepong Berhad: Key Developments
Table 32 Cargill Inc.: Products Offered
Table 33 Presco Plc: Products/Services Offered
Table 34 Presco Plc: Key Developments
Table 35 Univanich Palm Oil Public Company Ltd.: Products Offered
Table 36 Univanich Palm Oil Public Company Ltd.: Key Developments
Table 37 Pt. Bakrie Sumatera Plantations Tbk: Products Offered
Table 38 Olam Palm Gabon: Products Offered
List Of Figures
Figure 1 Market Attractiveness Analysis: Africa Palm Oil Market
Figure 2 Africa Palm Oil Market Analysis, By Type, 2023
Figure 3 Africa Palm Oil Market Analysis, By Application, 2023
Figure 4 Africa Palm Oil Market Analysis, By Region, 2023
Figure 5 Africa Palm Oil Market: Structure
Figure 6 Key Buying Criteria For Palm Oil
Figure 7 Africa Palm Oil Market: Market Dynamics
Figure 8 Driver Impact Analysis (2023-2032)
Figure 9 Restraint Impact Analysis (2022-2032)
Figure 10 Supply Chain Analysis: Africa Palm Oil Market
Figure 11 Porter’s Five Forces Model: Africa Palm Oil Market
Figure 12 Africa Palm Oil Market, By Type, 2023 (% Share)
Figure 13 Africa Palm Oil Market, By Application, 2023 (% Share)
Figure 14 Africa Market: Comparative Analysis
Figure 15 Africa Palm Oil Market, By Country, 2023 (% Share)
Figure 16 Major Players In The Africa Palm Oil Market: Market Share 2022
Figure 17 Benchmarking Of Major Competitors
Figure 18 Adm: Financial Overview Snapshot
Figure 19 Adm: Swot Analysis
Figure 20 Wilmar International Ltd: Financial Overview Snapshot
Figure 21 Wilmar International Ltd: Swot Analysis
Figure 22 Sime Darby Plantation Berhad: Financial Overview Snapshot
Figure 23 Sime Darby Plantation Berhad: Swot Analysis
Figure 24 Ioi Corporation Berhad: Financial Overview Snapshot
Figure 25 Ioi Corporation Berhad: Swot Analysis
Figure 26 Kuala Lumpur Kepong Berhad: Financial Overview Snapshot
Figure 27 Kuala Lumpur Kepong Berhad: Swot Analysis
Figure 28 Cargill Inc.: Swot Analysis
Figure 29 Presco Plc: Swot Analysis
Figure 30 Univanich Palm Oil Public Company Ltd.: Financial Overview Snapshot
Figure 31 Univanich Palm Oil Public Company Ltd.: Swot Analysis
Figure 32 Pt. Bakrie Sumatera Plantations Tbk: Financial Overview Snapshot
Figure 33 Pt. Bakrie Sumatera Plantations Tbk: Swot Analysis
Figure 34 Olam Palm Gabon: Swot Analysis

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