The global Palm Kernel Meal market was valued at US$ 2.29 billion in 2022 and is projected to reach US$ 3.08 billion by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia Pacific accounted for the largest revenue share of over 30% in 2022 due to robust demand from key countries like Indonesia and Malaysia which are major palm oil producers.
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Major drivers for the palm kernel meal market include rising meat consumption and livestock production to meet growing protein demand globally, as well as increased use of palm kernel meal as a sustainable and cost-effective animal feed option.
The USA market for Global Palm Kernel Meal market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Palm Kernel Meal market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Palm Kernel Meal market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
This report aims to provide a comprehensive presentation of the global market for Palm Kernel Meal, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Palm Kernel Meal. This report contains market size and forecasts of Palm Kernel Meal in global, including the following market information:
Global Palm Kernel Meal Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Palm Kernel Meal Market Sales, 2018-2023, 2024-2030, (Kiloton)
Global top five Palm Kernel Meal companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Mechanical Extraction Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Palm Kernel Meal include FGV Holdings, IOI Group, Wilmar International, Sime Darby Plantation, RGE Group, Golden Agri Resources, Musim Mas, Astra Agro Lestari and Genting Plantations, etc. in 2022, In terms of application, the animal feed segment accounted for the dominant revenue share of over 90% in 2022. Palm kernel meal is extensively used as a high-fiber energy ingredient in feed for poultry, cattle, pigs and other livestock species.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Palm Kernel Meal manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment: Global Palm Kernel Meal Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Palm Kernel Meal Market Segment Percentages, by Type, 2022 (%)
Mechanical Extraction
Solvent Extraction
Global Palm Kernel Meal Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Palm Kernel Meal Market Segment Percentages, by Application, 2022 (%)
Feed Industry
Others
Global Palm Kernel Meal Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Palm Kernel Meal Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Palm Kernel Meal revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Palm Kernel Meal revenues share in global market, 2022 (%)
Key companies Palm Kernel Meal sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Palm Kernel Meal sales share in global market, 2022 (%)
key players include:
FGV Holdings
IOI Group
Wilmar International
Sime Darby Plantation
RGE Group
Golden Agri Resources
Musim Mas
Astra Agro Lestari
Genting Plantations
First Resources
KLK OLEO
Future Prelude
Permata Hijau Group
Soon Soon Oilmills Sdn Bhd
PT Sampoerna Agro Tbk
Chapter 1: Introduces the definition of Palm Kernel Meal, market overview.
Chapter 2: Global Palm Kernel Meal market size in revenue and volume.
Chapter 3: Detailed analysis of Palm Kernel Meal manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Palm Kernel Meal in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Palm Kernel Meal capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports1.1 Palm Kernel Meal Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Palm Kernel Meal Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Palm Kernel Meal Overall Market Size2.1 Global Palm Kernel Meal Market Size: 2022 VS 20302.2 Global Palm Kernel Meal Revenue, Prospects & Forecasts: 2018-20302.3 Global Palm Kernel Meal Sales: 2018-20303 Company Landscape3.1 Top Palm Kernel Meal Players in Global Market3.2 Top Global Palm Kernel Meal Companies Ranked by Revenue3.3 Global Palm Kernel Meal Revenue by Companies3.4 Global Palm Kernel Meal Sales by Companies3.5 Global Palm Kernel Meal Price by Manufacturer (2018-2023)3.6 Top 3 and Top 5 Palm Kernel Meal Companies in Global Market, by Revenue in 20223.7 Global Manufacturers Palm Kernel Meal Product Type3.8 Tier 1, Tier 2 and Tier 3 Palm Kernel Meal Players in Global Market3.8.1 List of Global Tier 1 Palm Kernel Meal Companies3.8.2 List of Global Tier 2 and Tier 3 Palm Kernel Meal Companies4 Sights by Product4.1 Overview4.1.1 By Type - Global Palm Kernel Meal Market Size Markets, 2022 & 20304.
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