Global Brazil Palm Oil Market by Application (Surfactants, Cosmetics, Bio-diesel, Edible Oil), by Product (Palm Kernel Oil, Crude Palm Oil) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Summary of the Report
Brazil's palm oil market was valued at USD 738.2 millions in 2018. It is expected to grow at a CAGR 13.6 percent between 2019 and 2025. The market is expected to grow due to the rising awareness about its health benefits and its lower prices.
CPO is in high demand due to its increasing use in food applications, primarily for consumer diets. It also serves as a source of greases and lubricants. PKO was the second-largest segment due to its increasing use in cosmetics and confectionery fats as well as detergents.
Brazil's production will be hampered by the declining deforestation rate and reserve palm tree plantation. Higher yields will be a positive factor in the future market growth, provided that there are improving conditions.
To combat deforestation, the Sustainable Palm Oil Production Program (SPOPP), was established in Brazil in 2010. This program was also designed to stop primary and secondary forest clearing in legal Amazonia. The Brazilian Association of Palm Oil Producers states that manufacturers must comply with regulatory norm NR-31, which addresses health and safety.
Brazil's adoption of advanced satellite technology to monitor deforestation will open up new possibilities for development and increase sustainable cultivation. For sustainable development, manufacturers are now focusing their efforts on water recycling technology.
Product Insights
CPO accounted for 56.4%, followed by PKO at 56.4%. The market is expected to grow due to an increase in oleochemicals production and cleaning products.
PKO accounted for 26.2% revenue share in 2018. It is the second-largest segment. This segment is expected to grow rapidly due to its product properties, such as high medium chain fat acids like capric, lauric acid, and caprylic. It is used exclusively as a feedstock for livestock feed and biomass.
Oilseed is one of the most important agricultural commodities in the country. The main products from crushing oilseeds are edible oil and meal. Oilseeds residue is used to feed animals, while the oil extract is used in a variety of food products for humans.
Application Insights
The largest revenue share, 64.4%, was attributed to the edible oil segment in 2018. It is expected that it will continue to dominate the forecast period. It is an economically viable alternative to other edible oils like those derived from soybean or sunflower. The segment's growth is expected to be boosted by its high acceptance by food processors.
In recent years, biodiesel has been gaining popularity as a viable alternative to diesel. Palm oil is the most popular feedstock for biodiesel production. It is an economically viable alternative to soybean. The country's production is not sufficient to meet the demands of biodiesel producers, which will hamper market growth.
Brazil's government is committed to sustainable production. This can be used for biodiesel manufacturing. The Ministry of Mines and Energy (MME), for instance, launched the RenovaBio Program to regulate the biofuel production units in order to encourage sustainable production of palm oil and diesel over the planned period.
Surfactant occupied the largest market share in 2018 in terms of revenue. Manufacturers will continue to use palm oil for surfactant production due to the high penetration of petroleum-based surfactants as well as growing environmental concerns. Surfactants will be restricted by high domestic consumption for food applications.
Market Share Insights & Key Companies
AgroPalma and BIOPALMA are some of the most prominent producers in this value chain. For easy access to raw materials, most companies have their own land for harvesting oil kernels. Few companies outsource this product. Archer Daniels Midland, for example, sources 70% of its product from Willmar art refiners while 30% comes from Sabha in Malaysia.
To grow palm groves, manufacturers have formed partnerships with farmers. They also provide support and training to ensure high quality products. By making large investments in R&D, manufacturers are working hard to create an advanced product portfolio.
Many corporations invest in research to expand their product range and provide a wider end-use application base. This helps them sustain their competitive edge. The market will have enough opportunities if there is technological innovation and sufficient foreign capital.
Brazil Palm Oil Market Report Scope
Report Attribute |
More Details |
2019 Market Size Value |
USD 798.2 Million |
Forecast Revenues in 2025 |
USD 2000.2 Million |
Growth Rate |
CAGR of 13.6% between 2019 and 2025 |
Estimation base year |
2018 |
Historical data |
2014 - 2017 |
Forecast period |
2019 - 2025 |
Quantitative units |
From 2019 to 2025, revenue in USD millions and CAGR |
Report coverage |
Forecast revenue, company ranking and competitive landscape, growth factors and trends |
Segments covered |
Product, Application, Region |
Country coverage |
Brazil |
Key companies profiled |
Archer Daniels Midland Company. BELEM BIOENERGIA BRASIL S.A. Archer Daniels Midland Company. AgroPalma. BIOPALMA. Denpasa. Marborges Agroindustria SA. |
The scope of customization |
With purchase, you get free report customization (equivalent to up to 8 analysts working day) You can add or modify country, region and segment scope. |
Prices and purchase options |
You can get customized purchase options that meet your research needs. Explore your purchase options |
The Report Covers Certain Segments
This report predicts revenue growth at the global, regional and country level and offers analysis of industry trends for each sub-segment from 2014 through 2025. Up Market Research segmented Brazil's palm oil market report based on product and application.
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Product Outlook (Volume of Kilotons, Revenues, USD Millions, 2014-2025)
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Crude Palm Oil
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Palm Kernel Oil
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Palm Kernel Cake
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Palm Kernel Oilseed
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Application Outlook (Volume of Kilotons, Revenues, USD Millions, 2014-2025)
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Edible oil
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Cosmetics
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Biodiesel
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Lubricants
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Surfactants
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Other
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These are the most frequently asked questions about this report
What is Brazil's palm oil market size?b. Brazil's palm oil market was valued at USD 798.2 Million in 2019, and is projected to grow to USD 951.6 Million in 2020.
What is Brazil's palm oil market growth rate?b. Brazil's palm oil market is expected grow at a compound annual rate of 13.6% between 2019 and 2025, to reach USD2.2 billion by 2025.
Which segment had the largest share of brazil palm oils market?b. CPO held a 56.5% share in the Brazilian palm oil market in 2019, compared to a mere 5.6% for b. CPO dominated Brazil's palm oil market with a 56.5% share in 2019. This is due to rising demand for food & drink, personal care, cosmetics, detergent and biodiesel. Domestic cooking is also heavily dependent on refined, bleached and deodorized (RBD), palm oil.
What are the main players in Brazil's palm oil market?b. Among the key players in Brazil's palm oil market are Archer Daniels Midland Company and BELEM BIOENERGIA BRASIL S.A, AgroPalma. BIOPALMA, Denpasa and Marborges Agroindustria SA.
What are the main factors that drive the brazil palm oil industry?b. Market growth is driven by a substantial rise in consumption due to lower prices and rising awareness about its health benefits.
Up Market Research published a new report titled “Brazil Palm Oil Market research report which is segmented by Application (Surfactants, Cosmetics, Bio-diesel, Edible Oil), by Product (Palm Kernel Oil, Crude Palm Oil), By Players/Companies Marborges Agroindºstria SA, Denpasa, BIOPALMA, BELEM BIOENERGIA BRASIL SA, AgroPalma, Archer Daniels Midland Company”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Brazil Palm Oil Market Research Report |
By Application | Surfactants, Cosmetics, Bio-diesel, Edible Oil |
By Product | Palm Kernel Oil, Crude Palm Oil |
By Companies | Marborges Agroindºstria SA, Denpasa, BIOPALMA, BELEM BIOENERGIA BRASIL SA, AgroPalma, Archer Daniels Midland Company |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 245 |
Number of Tables & Figures | 172 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Brazil Palm Oil Market Report Segments:
The market is segmented by Application (Surfactants, Cosmetics, Bio-diesel, Edible Oil), by Product (Palm Kernel Oil, Crude Palm Oil).
Brazil Palm Oil Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Brazil Palm Oil Market
Overview of the regional outlook of the Brazil Palm Oil Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Brazil Palm Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Brazil Palm Oil Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Surfactants
2. Cosmetics
3. Bio-diesel
4. Edible Oil
7. By Product:1. Palm Kernel Oil
2. Crude Palm Oil
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Brazil Palm Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
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Reasons to Purchase the Brazil Palm Oil Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brazil Palm Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Brazil Palm Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brazil Palm Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Brazil Palm Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Brazil Palm Oil Market Size & Forecast, 2018-2028
4.5.1 Brazil Palm Oil Market Size and Y-o-Y Growth
4.5.2 Brazil Palm Oil Market Absolute $ Opportunity
Chapter 5 Global Brazil Palm Oil Market Analysis and Forecast by Application
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Application
5.1.2 Basis Point Share (BPS) Analysis by Application
5.1.3 Absolute $ Opportunity Assessment by Application
5.2 Brazil Palm Oil Market Size Forecast by Application
5.2.1 Surfactants
5.2.2 Cosmetics
5.2.3 Bio-diesel
5.2.4 Edible Oil
5.3 Market Attractiveness Analysis by Application
Chapter 6 Global Brazil Palm Oil Market Analysis and Forecast by Product
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Product
6.1.2 Basis Point Share (BPS) Analysis by Product
6.1.3 Absolute $ Opportunity Assessment by Product
6.2 Brazil Palm Oil Market Size Forecast by Product
6.2.1 Palm Kernel Oil
6.2.2 Crude Palm Oil
6.3 Market Attractiveness Analysis by Product
Chapter 7 Global Brazil Palm Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Brazil Palm Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Brazil Palm Oil Analysis and Forecast
9.1 Introduction
9.2 North America Brazil Palm Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Brazil Palm Oil Market Size Forecast by Application
9.6.1 Surfactants
9.6.2 Cosmetics
9.6.3 Bio-diesel
9.6.4 Edible Oil
9.7 Basis Point Share (BPS) Analysis by Application
9.8 Absolute $ Opportunity Assessment by Application
9.9 Market Attractiveness Analysis by Application
9.10 North America Brazil Palm Oil Market Size Forecast by Product
9.10.1 Palm Kernel Oil
9.10.2 Crude Palm Oil
9.11 Basis Point Share (BPS) Analysis by Product
9.12 Absolute $ Opportunity Assessment by Product
9.13 Market Attractiveness Analysis by Product
Chapter 10 Europe Brazil Palm Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Brazil Palm Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Brazil Palm Oil Market Size Forecast by Application
10.6.1 Surfactants
10.6.2 Cosmetics
10.6.3 Bio-diesel
10.6.4 Edible Oil
10.7 Basis Point Share (BPS) Analysis by Application
10.8 Absolute $ Opportunity Assessment by Application
10.9 Market Attractiveness Analysis by Application
10.10 Europe Brazil Palm Oil Market Size Forecast by Product
10.10.1 Palm Kernel Oil
10.10.2 Crude Palm Oil
10.11 Basis Point Share (BPS) Analysis by Product
10.12 Absolute $ Opportunity Assessment by Product
10.13 Market Attractiveness Analysis by Product
Chapter 11 Asia Pacific Brazil Palm Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Brazil Palm Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Brazil Palm Oil Market Size Forecast by Application
11.6.1 Surfactants
11.6.2 Cosmetics
11.6.3 Bio-diesel
11.6.4 Edible Oil
11.7 Basis Point Share (BPS) Analysis by Application
11.8 Absolute $ Opportunity Assessment by Application
11.9 Market Attractiveness Analysis by Application
11.10 Asia Pacific Brazil Palm Oil Market Size Forecast by Product
11.10.1 Palm Kernel Oil
11.10.2 Crude Palm Oil
11.11 Basis Point Share (BPS) Analysis by Product
11.12 Absolute $ Opportunity Assessment by Product
11.13 Market Attractiveness Analysis by Product
Chapter 12 Latin America Brazil Palm Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Brazil Palm Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Brazil Palm Oil Market Size Forecast by Application
12.6.1 Surfactants
12.6.2 Cosmetics
12.6.3 Bio-diesel
12.6.4 Edible Oil
12.7 Basis Point Share (BPS) Analysis by Application
12.8 Absolute $ Opportunity Assessment by Application
12.9 Market Attractiveness Analysis by Application
12.10 Latin America Brazil Palm Oil Market Size Forecast by Product
12.10.1 Palm Kernel Oil
12.10.2 Crude Palm Oil
12.11 Basis Point Share (BPS) Analysis by Product
12.12 Absolute $ Opportunity Assessment by Product
12.13 Market Attractiveness Analysis by Product
Chapter 13 Middle East & Africa (MEA) Brazil Palm Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Brazil Palm Oil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Brazil Palm Oil Market Size Forecast by Application
13.6.1 Surfactants
13.6.2 Cosmetics
13.6.3 Bio-diesel
13.6.4 Edible Oil
13.7 Basis Point Share (BPS) Analysis by Application
13.8 Absolute $ Opportunity Assessment by Application
13.9 Market Attractiveness Analysis by Application
13.10 Middle East & Africa (MEA) Brazil Palm Oil Market Size Forecast by Product
13.10.1 Palm Kernel Oil
13.10.2 Crude Palm Oil
13.11 Basis Point Share (BPS) Analysis by Product
13.12 Absolute $ Opportunity Assessment by Product
13.13 Market Attractiveness Analysis by Product
Chapter 14 Competition Landscape
14.1 Brazil Palm Oil Market: Competitive Dashboard
14.2 Global Brazil Palm Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Marborges Agroindºstria SA
14.3.2 Denpasa
14.3.3 BIOPALMA
14.3.4 BELEM BIOENERGIA BRASIL SA
14.3.5 AgroPalma
14.3.6 Archer Daniels Midland Company