GCC Palm Oil Market Overview:
The GCC palm oil market was worth US$ XX Billion in 2021, expanding at a CAGR of X% during 2016-2021. The market is projected to register a CAGR of X% during 2022-2027, reaching US$ XX Billion by 2027. Palm oil is a popular edible oil that is obtained from palm fruit. The oil can be extracted by either squishing the fruit or crushing the palm seed or kernel. It is widely used as an essential ingredient in the preparation of multiple food preparations.
The market is majorly driven by significant growth in the food industry across the GCC region. Since palm oil is widely utilized for cooking purposes across households and commercial food joints, this is providing an impetus to the market growth. Additionally, palm oil is increasingly employed in the formulation of multiple products, such as soaps, detergents, cosmetics, and biofuel, thereby creating a positive outlook for the market across the region.
The GCC palm oil market is currently exhibiting strong growth rates. Palm oil is extracted from the fruit of Elaeis Guineensis, commonly known as oil palm. The oil is extracted from the yellowish colored part of the fruit. The process takes place right after the harvesting period as the oil content is highest at that time. Palm oil is one of the most commonly used vegetable oils. Around 70% of palm oil is consumed in food production, the remaining is utilized in biofuel production, cosmetics, soaps, detergents and other household products. The shelf life of palm oil is long. It becomes partially solid in room temperature which eliminates the process of chemical hardening which is required in cosmetics production. It is also neutral in taste which makes it useful in products such as baked goods, convenience foods, margarine and confectionery. Palm oil contains a higher level of saturated fats and is free from trans-fat, making it a healthy alternative of other types of oils.
GCC Palm Oil Market Segment Insights:
The report has assessed the GCC palm oil market on the basis of application covering, household cooking, food & beverages, oleo chemicals, personal care, animal feed and bio-fuel. On a regional basis, the report examines the palm oil market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. An evaluation of the competitive landscape has also been provided with the details of the key players operating in the GCC Palm Oil market.
Highlights of the GCC Palm Oil Market Report:
Key Market Segments:
The GCC palm oil market has been analysed as followed:
Segmentation by Application:
Segmentation by Country:
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$), 2016-2021
Figure 2: Global: Edible Oil Industry: Segmentation by Region (in %), 2021
Figure 3: Global: Edible Oil Industry Outlook: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Palm Oil Industry: Sales Value (in Billion US$), 2016-2021
Figure 5: Global: Palm Oil Industry: Segmentation by Region (in %), 2021
Figure 6: Global: Palm Oil Industry Outlook: Sales Value (in Billion US$), 2022-2027
Figure 7: GCC: Palm Oil Market: Sales Value (in Billion US$), 2016-2021
Figure 8: GCC: Palm Oil Market Outlook: Sales Value (in Billion US$), 2022-2027
Figure 9: GCC: Palm Oil Market: Segmentation by Country (in %), 2021
Figure 10: GCC: Palm Oil Market: Segmentation by Application (in %), 2021
Figure 11: Saudi Arabia: Palm Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Saudi Arabia: Palm Oil Market Outlook: Sales Value (in Million US$), 2022-2027
Figure 13: United Arab Emirates: Palm Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: United Arab Emirates: Palm Oil Market Outlook: Sales Value (in Million US$), 2022-2027
Figure 15: Qatar: Palm Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Qatar: Palm Oil Market Outlook: Sales Value (in Million US$), 2022-2027
Figure 17: Kuwait: Palm Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Kuwait: Palm Oil Market Outlook: Sales Value (in Million US$), 2022-2027
Figure 19: Oman: Palm Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Oman: Palm Oil Market Outlook: Sales Value (in Million US$), 2022-2027
Figure 21: Bahrain: Palm Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Bahrain: Palm Oil Market Outlook: Sales Value (in Million US$), 2022-2027
Figure 23: GCC: Palm Oil (Household Cooking) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: GCC: Palm Oil (Household Cooking) Market Outlook: Sales Value (in Million US$), 2022-2027
Figure 25: GCC: Palm Oil (Food & Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: GCC: Palm Oil (Food & Beverages) Market Outlook: Sales Value (in Million US$), 2022-2027
Figure 27: GCC: Palm Oil (Oleo Chemicals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: GCC: Palm Oil (Oleo Chemicals) Market Outlook: Sales Value (in Million US$), 2022-2027
Figure 29: GCC: Palm Oil (Personal Care) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: GCC: Palm Oil (Personal Care) Market Outlook: Sales Value (in Million US$), 2022-2027
Figure 31: GCC: Palm Oil (Animal Feed) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: GCC: Palm Oil (Animal Feed) Market Outlook: Sales Value (in Million US$), 2022-2027
Figure 33: GCC: Palm Oil (Bio-fuel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: GCC: Palm Oil (Bio-fuel) Market Outlook: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: GCC: Palm Oil Market Outlook: Segmentation by Country (in Million US$), 2022-2027
Table 3: GCC: Palm Oil Market Outlook: Segmentation by Application (in Million US$), 2022-2027
Table 4: GCC: Palm Oil Market Structure
Table 5: GCC: Palm Oil Market: Key Players
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