The oil palm industry is mainly made up of locally produced oil palm and imported ones. fThe industry however has bright future prospects due to the ever increasing industrial and domestic demand for processed oil palm fruit products including palm oil and palm kernel oil.
What are the key trends in the palm oil industry?
h as food processing, cosmetics, and biofuel.Market Analysis:The palm oil industry is experiencing significant growth, driven by rising global demand for v getable oils and increasing awareness of sustainable sourcing. Agrolearner.com F several key market trends and opportunities:Growing Demand: Palm oil is a versatile and cost-
Should you invest in oil palm fruits processing?
Moreover, since the study indicates that investing into oil palm fruits processing is capital intensive, it is recommended that financial institutions and other investors should extend credit to those who are interested in venturing into the oil palm fruits processing business.
How much palm oil is produced in Malaysia?
According to Oil Palm Review, published by the Tropical Development and Research Institute in the United Kingdom, over 3 million tonnes of palm oil was produced by Malaysia alone in 1983, compared with a total of about 1.3 million tonnes of African production.