GCC Palm Oil Market By Application (Household Cooking, Food & Beverages, Oleo Chemicals, Personal Care, Animal Feed and Bio-Fuel): Industry Analysis, Trends, Growth and Forecast 2023-2028

GCC Palm Oil Market Overview:

The GCC palm oil market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. The market is projected to register a CAGR of X% during 2023-2028, reaching US$ XX Billion by 2028. Palm oil is a type of edible vegetable oil derived from the mesocarp of the fruit of oil palms that contain a high amount of saturated fats. It is known to offer various nutritional benefits as it is easy to digest, cholesterol-free, and rich in carotenoids and vitamin A. As a result, it is extensively used in frying and baking food products and producing processed food items while increasing the shelf life of the product. On account of its several health benefits, including preventing premature aging, boosting the immune system, enhancing energy levels, improving eye vision, and decreasing the risks of developing cancer and heart diseases, consumers have been rapidly increasing the utilization of palm oil in their food preparations. The demand for palm oil is rising across the GCC region due to its extremely versatile properties and functions, such as high oxidation resistance.

The escalating demand for palm oil from the industrial sector majorly drives the market in the GCC region. This can be supported by the growing product utilization in the manufacturing of personal care, food and beverage, and cosmetics products. In addition, palm oil is increasingly utilized as an effective alternative to petroleum-based products in the transportation and energy industries, which significantly supports the growth of the market. Coupled with this, it is also consumed as a substitute for mineral oil in energy production across the power stations, which is acting as another growth-inducing factor. Moreover, various initiatives undertaken by the governments in the region encouraging the adoption of palm for the production of biofuels are creating a positive market outlook. Furthermore, the easy product availability via online and offline organized distribution channels and the advent of home delivery models are favorably impacting the market. Some of the other factors driving the market include the rising health consciousness among the masses and the changing dietary patterns of individuals.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC palm oil market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC palm oil market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC palm oil market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC palm oil market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC palm oil market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC palm oil market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC palm oil market industry. Furthermore, the value chain analysis of the GCC palm oil market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Palm Oil Market Segment Insights:

The GCC palm oil market has been analysed as followed:

Segmentation by Application:

  • Household Cooking
  • Food & Beverages
  • Oleo Chemicals 
  • Personal Care
  • Animal Feed
  • Bio-fuel

Segmentation by Country:

  • Saudi Arabia
  • United Arab Emirates
  • Qatar
  • Kuwait
  • Oman
  • Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Palm Oil Market Report:

  • Historical and current scenario
  • Trends and developments
  • Impact of COVID-19
  • Market forecast
  • Price analysis and forecast
  • Porter’s five forces analysis
  • SWOT analysis
  • Value chain analysis

Report Customization:

The GCC palm oil market report can be customized to as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs.

1 Introduction
    1.1    Research Objectives 
    1.2    Stakeholders
    1.3    Scope of the Report
    1.4    Assumptions and Limitations
2 Research Methodology 
    2.1    Data Collection
        2.1.1    Primary Sources
        2.1.2    Secondary Sources
    2.2    Market Size Estimation
        2.2.1    Bottom-Up Approach
        2.2.2    Top-Down Approach
    2.3    Data Validation
3 Executive Summary
4 Global Edible Oil Industry

    4.1    Historical Market Trend
    4.2    Market Segmentation by Region
    4.3    Impact of COVID-19
    4.4    Market Outlook
5 Global Palm Oil Industry
    5.1    Historical Market Trend
    5.2    Market Segmentation by Region
    5.3    Market Outlook
6 GCC Palm Oil Market
    6.1    Industry Overview 
    6.2    Key Industry Developments
    6.3    Market Trends
        6.3.1    Key Market Indicators
        6.3.2    Historical Market Trends
        6.3.3    Market Outlook
7 GCC Palm Oil Market Segmentation by Country
    7.1    Saudi Arabia  
        7.1.1    Historical Market Trends
        7.1.2    Market Outlook
    7.2    United Arab Emirates   
        7.2.1    Historical Market Trends
        7.2.2    Market Outlook
    7.3    Qatar 
        7.3.1    Historical Market Trends
        7.3.2    Market Outlook
    7.4    Kuwait 
        7.4.1    Historical Market Trends
        7.4.2    Market Outlook
    7.5    Oman  
        7.5.1    Historical Market Trends
        7.5.2    Market Outlook
    7.6    Bahrain  
        7.6.1    Historical Market Trends
        7.6.2    Market Outlook
8 GCC Palm Oil Market Segmentation by Application
    8.1    Household Cooking
        8.1.1    Historical Market Trends
        8.1.2    Market Outlook
    8.2    Food & Beverages
        8.2.1    Historical Market Trends
        8.2.2    Market Outlook
    8.3    Oleo Chemicals 
         8.3.1    Historical Market Trends
         8.3.2    Market Outlook
    8.4    Personal Care
        8.4.1    Historical Market Trends
        8.4.2    Market Outlook
    8.5    Animal Feed
        8.5.1    Historical Market Trends
        8.5.2    Market Outlook
    8.6    Bio-fuel
        8.6.1    Historical Market Trends
        8.6.2    Market Outlook
9 GCC Palm Oil Industry: Market Dynamics
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses 
    9.4    Opportunities
    9.5    Threats
10 GCC Palm Oil Industry: Value Chain Analysis
    10.1   Overview
    10.2   Research and Development
    10.3   Raw Material Suppliers
    10.4   Inbound Logistics
    10.5   Production
    10.6   Marketing 
    10.7   Outbound Logistics
    10.8   Consumers 
11 GCC Palm Oil Industry: Porter’s Five Forces Analysis
    11.1    Overview
    11.2    Threat of New Entrants
    11.3    Threat of Substitutes
    11.4    Bargaining Power of Buyers
    11.5    Bargaining Power of Suppliers
    11.6    Intensity of Rivalry
12 Competitive Landscape
    12.1   Market Structure
    12.2   Key Players 
    12.3   Key Success Factors 
13 Key Player Profiles

List of Figures

Figure 1: Global: Edible Oil Industry: Sales Value (in Billion US$), 2017-2022
Figure 2: Global: Edible Oil Industry: Segmentation by Region (in %), 2022
Figure 3: Global: Edible Oil Industry Outlook: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Palm Oil Industry: Sales Value (in Billion US$), 2017-2022
Figure 5: Global: Palm Oil Industry: Segmentation by Region (in %), 2022
Figure 6: Global: Palm Oil Industry Outlook: Sales Value (in Billion US$), 2023-2028
Figure 7: GCC: Palm Oil Market: Sales Value (in Billion US$), 2017-2022
Figure 8: GCC: Palm Oil Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 9: GCC: Palm Oil Market: Segmentation by Country (in %), 2022
Figure 10: GCC: Palm Oil Market: Segmentation by Application (in %), 2022
Figure 11: Saudi Arabia: Palm Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Saudi Arabia: Palm Oil Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 13: United Arab Emirates: Palm Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: United Arab Emirates: Palm Oil Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 15: Qatar: Palm Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Qatar: Palm Oil Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 17: Kuwait: Palm Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Kuwait: Palm Oil Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 19: Oman: Palm Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Oman: Palm Oil Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 21: Bahrain: Palm Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Bahrain: Palm Oil Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 23: GCC: Palm Oil (Household Cooking) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: GCC: Palm Oil (Household Cooking) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 25: GCC: Palm Oil (Food & Beverages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: GCC: Palm Oil (Food & Beverages) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 27: GCC: Palm Oil (Oleo Chemicals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: GCC: Palm Oil (Oleo Chemicals) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 29: GCC: Palm Oil (Personal Care) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: GCC: Palm Oil (Personal Care) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 31: GCC: Palm Oil (Animal Feed) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: GCC: Palm Oil (Animal Feed) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 33: GCC: Palm Oil (Bio-fuel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: GCC: Palm Oil (Bio-fuel) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 35: GCC: Palm Oil Industry: Market Dynamics
Figure 36: GCC: Palm Oil Industry: Value Chain Analysis
Figure 37: GCC: Palm Oil Market: Porter’s Five Forces Analysis

List of Tables

Table 1: GCC: Palm Oil Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: Palm Oil Market Outlook: Segmentation by Country (in Million US$), 2023-2028
Table 3: GCC: Palm Oil Market Outlook: Segmentation by Application (in Million US$), 2023-2028
Table 4: GCC: Palm Oil Market Structure
Table 5: GCC: Palm Oil Market: Key Players

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