Report Information on Africa Palm Oil Market Research 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) Forecast to 2032

Due to the growing demand for edible oils and their usage in food, cosmetics, and biofuel, the African palm oil market has emerged as one of the most significant regions in the worldwide palm oil market. The palm oil market in Africa has experienced rapid expansion over the years, with projected revenues of $9.79 billion in 2023 and $14.76 billion in 2032, rising at a compound annual growth rate (CAGR) of 4.72%. Africa's production of palm oil has significantly increased recently. The main producers, for both domestic and international markets, are Nigeria, Ghana, and Ivory Coast.

Due to the rapid urbanisation and population increase in Africa, there is an increasing demand for vegetable oils. As more people adopt urban lives, they consume more processed and convenience meals, which are primarily made with palm oil. The growing middle class in Africa is another important element that is changing their consumption patterns and necessitating more items made from palm oil. In addition to being more cost-effective than other vegetable oils, palm oil's versatility and widespread use in cooking by households and food manufacturing businesses have contributed to the trend.

An Analysis of Market Segments

The market for palm oil in Africa has been divided into four segments based on type: fractionated palm oil, palm kernel oil, RBD palm oil, and crude palm oil. With a 2023 valuation of USD 4,097.59 million, the Fractionated Palm Oil category led the market and is projected to grow to USD 6,257.06 million by 2032. Additionally, during the anticipated period, the Crude Palm Oil segment is anticipated to record a CAGR of 5.07%.

The Africa palm oil market has been divided into several segments based on its intended use, including edible oil, biodiesel, lubricants, cosmetics, and others. With a 2023 valuation of USD 6,543.89 million, the Edible Oil category led the market and is projected to grow to USD 9,716.29 million by 2032. But throughout the course of the forecast period, the Bio-Diesel segment is anticipated to increase at the fastest rate, with a CAGR of 4.53%.

South Africa, Egypt, Algeria, Nigeria, Morocco, Ghana, Kenya, Tanzania, and the rest of Africa are the countries that have been used to segment the Africa palm oil market research.

Key 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 major participants in the Africa palm oil market.

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 - 19

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