Palm Oil Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Palm Oil Market Size Analysis and Top Companies

The global palm oil market is estimated at to hit around USD 116.06 billion by 2033 from USD 72.29 billion in 2024 with a CAGR of 5.4% from 2024 tpo 2033. The top companies operating in the palm oil market are Archer Daniels Midland, Wilmar International Ltd., Sime Darby Plantation Berhad, IOI Corporation Berhad, Kuala Lumpur Kepong Berhad, United Plantations Berhad, Kulim (Malaysia) Berhad, IJM Corporation Berhad, PT Sampoerna Agro, Tbk, Univanich Palm Oil Public Company Ltd., PT. Bakrie Sumatera Plantations tbk, Asian Agri, Agropalma S.A., Boustead Holdings Berhad, Fuji Vegetable Oil, Inc., New Britain Palm Oil Limited and Others.

Market Scope

Palm Oil Market Companies

• Archer Daniels Midland
• Wilmar International Ltd.
• Sime Darby Plantation Berhad
• IOI Corporation Berhad
• Kuala Lumpur Kepong Berhad
• United Plantations Berhad
• Kulim (Malaysia) Berhad
• IJM Corporation Berhad
• PT Sampoerna Agro, Tbk
• Univanich Palm Oil Public Company Ltd.
• PT. Bakrie Sumatera Plantations tbk
• Asian Agri
• Agropalma S.A.
• Boustead Holdings Berhad
• Fuji Vegetable Oil, Inc.
• New Britain Palm Oil Limited

Recent Developments

• The global palm oil market is highly concentrated and intensely competitive. The product's global market prices are variable and influenced by global crude oil prices. Multinational corporations like Archer Daniels Midland and Wilmar International Ltd. are present in the market, making it more competitive.
• In June 2020, Fuji Oil Group formulated and announced the "Responsible Plan Oil Procurement Policy". The procurement policy sets out a commitment to zero forestation, no peatland, and no exploitation (NDPE), including the supply chain for all palm oil products. 

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