Palm oil market to reach $105.15 billion by 2032, research firm says
In India, Maximize Market Research reported that the palm oil market size was valued at $77.42 billion in 2025 and is expected to grow at a CAGR of 4.47% from 2026 to 2032, reaching nearly $105.15 billion by 2032.
“The market is gaining attention as sustainability requirements, responsible sourcing, labeling rules, import-export controls, and certified sustainable palm oil commitments reshape procurement decisions. MMR notes that consumer awareness of environmental and social issues has pushed companies to source certified sustainable palm oil or consider alternative ingredients,” the research firm said.
“These shifts are changing the competitive basis from commodity supply alone to traceability, compliance, plantation efficiency, and downstream value creation.,” it added.
Category: Food & Agriculture
