UAE Palm Oil Market Professional Survey with Top Player’s Overview 2019

Growing health concerns regarding trans-fat consumption has driven consumer preference towards saturated fats, such as palm oil, that contain antioxidants and other nutrients.

The UAE Palm Oil Market is expected to reach USD 467.1 million by 2025, according to a new report by Grand View Research, Inc.

Increasing demand for high-quality food products from tourists as well as local consumers has driven its demand. Its fractions and derivatives are also widely utilized as alternatives for expensive bakery fats and vegetable oils including groundnut, coconut & sunflower. Additionally, food & beverage processors are increasingly opting for the product owing to its high availability, lower cost & high yield in limited cultivation space.

Crude palm oil (CPO) emerged as the dominant product category in 2015 with over 90% market share. Volatile petroleum prices along with rising awareness regarding sustainable energy & raw material source have boosted the demand for inexpensive & sustainable oils. CPO has garnered high interest mainly in cooking (edible) applications owing to its flavor compatibility, nutritional content and health benefits.

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Cosmetics are expected to witness highest growth rate of 10.4% CAGR among all applications. Strong consumer confidence & growing fashion & beauty consciousness, boosted by media exposure & Western influences have had a positive impact on the industry. The oil is used as an emollient, surfactant, moisturizer and other cosmetic agent owing to its high dermatological compatibility and low cost.

Top Players of UAE Palm Oil Market:

Key players including Abu Dhabi Vegetable Oil Co., FELDA IFFCO, United Foods Company, Amira Nature Foods Ltd., ACCL International, Nuhu General Trading LLC, AA Middle East FZE, HAS Commodities, and AJWA MIGOP among others.

Market Segmentation of UAE Palm Oil Market:

The UAE Palm Oil Market segmentation on the basis of Product and Application.

By Product:

    Crude palm oil
        RBD palm oil
        Palm stearin
        Palm olein
    Palm kernel
        Palm kernel oil
        Palm kernel cake

By Application:

    Edible oil
    Cosmetics
    Biodiesel
    Lubricants
    Surfactants

Inquire about Palm Oil Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4354

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