North America and Europe Palm Derivatives Market Analysis 2020 Expeditious Growth, Opportunities and forecast to 2027
Market Overview: Market Research Future (MRFR)’s extensive report reveals that the North America and Europe Palm Derivatives Market Analysis is set to cross the valuation of USD 35,573.7 million by 2028 . The market will expand at a strong CAGR during the forecast period (2017–2028). Derivatives and fractions of palm oil and palm kernel oil have widespread uses in various industries like food manufacture, in personal and healthcare products and industrial products. Furthermore, palm oil and some of its derivatives can be used in the production of renewable fuels in the transport, power and heating and cooling sectors. Strong scope in the food & beverage industry is expected to inflate the palm oil derivatives market size by the end of the forecast period. Increasing health consciousness related to trans-fat consumption has shifted consumer preferences towards healthy diet, which should drive the industry growth further. They are used in a vast range of food ...