Palm stearin refers to the solid fraction of crude palm oil (CPO) produced by partial crystallization at a controlled temperature. It contains a higher proportion of saturated fatty acids, palmitic acid, and tripalmitoylglycerol. It is a natural source of solid fat that is added to provide increased stability for different food items. It is employed in polysaccharide-based coating substitutes, margarine, shortening, and emulsion products. It is also used as a fat-based food additive in various bakery products and cocoa butter alternatives on account of its lower prices. Palm stearin finds application as a lard replacer to facilitate the stickiness property of the meat and enhance the taste and texture of the final product.
At present, changing dietary patterns and hectic work schedules of individuals are catalyzing the demand for convenience food products worldwide. This, in confluence with the inflating disposable incomes of individuals and easy availability of packed food items across online and offline distribution channels, currently represent one of the primary factors positively influencing the market. Moreover, the emerging adoption of veganism is propelling the usage of palm stearin as a stabilizer for nut butter and vegan butter alternatives. In line with this, the rising chocolate consumption is catalyzing the demand for palm stearin. Palm kernel-based fats are widely utilized in confectionery products on account of their flavor release and gloss retention characteristics. Additionally, it is extensively used in the manufacturing of candles due to its ability of excellent combustion and retention of aromas. Moreover, palm stearin facilitates solidification, which allows a diverse formation of the surface that can be easily colored in the desired pigment. Furthermore, the burgeoning cosmetics industry and the increasing usage of palm stearin in cosmetic products to make surfactants, emulsifiers, and emollients are projected to fuel the market growth across the globe.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the palm stearin manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the palm stearin industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the palm stearin industry.
The following technical and economic aspects are included in the report:
Key Questions Answered in This Report-
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
4 Global Palm Stearin Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Market Forecast
4.4 Market Breakup by Segment
4.5 Market Breakup by Region
4.6 Price Trends
4.6.1 Palm Stearin Price Trends
4.6.2 Product Margins
5 Palm Stearin Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Production Cost Analysis
6.1 Raw Material Cost Analysis
6.1.1 Price Trend of Raw Materials Required
6.1.2 Total Expense on Raw Materials
6.2 Utility Cost Analysis
6.2.1 Electricity Costs
6.2.2 Steam Costs
6.2.3 Process Water Costs
6.2.4 Total Expense on Utilities
6.3 Operating Cost Analysis
6.3.1 Salaries and Wages
6.3.2 Plant Overheads
6.3.3 Tax and Insurance
6.3.4 Packaging Costs
6.3.5 Transportation Costs
6.3.6 Sales and Administration Costs
6.3.7 Total Operating Costs
6.4 Capital Cost Analysis
6.4.1 Land and Site Development Costs
6.4.2 Civil Work Costs
6.4.3 Plant Machinery and Commissioning Costs
6.4.3.1 Plant Machinery Costs
6.4.3.2 Auxiliary Equipment Cost
6.4.3.3 Electrical Works and Piping Costs
6.4.3.4 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7 Annexure
7.1 Raw Material Suppliers
7.2 Pant Machinery Suppliers
List of Figures
Figure 1: Global: Palm Stearin Market: Major Drivers and Challenges
Figure 2: Global: Palm Stearin Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Palm Stearin Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Palm Stearin Market: Breakup by Segment (in %), 2022
Figure 5: Global: Palm Stearin Market: Breakup by Region (in %), 2022
Figure 6: Palm Stearin: Price Trends, 2017 & 2022
Figure 7: Palm Stearin: Margins Across Various Stages of the Supply Chain
Figure 8: Palm Stearin: Breakup of Costs
Figure 9: Palm Stearin Price Structure
Figure 10: Palm Stearin: Manufacturing Process Flow
Figure 11: Palm Stearin: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Palm Stearin: Raw Material Price Trends, 2017 & 2022
List of Tables
Table 1: Palm Stearin Manufacturing: Raw Material Requirements
Table 2: Palm Stearin Manufacturing: Raw Material Costs
Table 3: Palm Stearin Manufacturing: Electricity Costs
Table 4: Palm Stearin Manufacturing: Steam Costs
Table 5: Palm Stearin Manufacturing: Process Water Costs
Table 6: Palm Stearin Manufacturing: Total Utility Costs
Table 7: Palm Stearin Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Palm Stearin Manufacturing: Packaging Costs
Table 9: Palm Stearin Manufacturing: Transportation Costs
Table 10: Palm Stearin Manufacturing: Sales and Administration Costs
Table 11: Palm Stearin Manufacturing: Total Operating Costs
Table 12: Palm Stearin Manufacturing: Costs Related to Land and Site Development
Table 13: Palm Stearin Manufacturing: Costs Related to Civil Works
Table 14: Palm Stearin Manufacturing: Costs Related to Plant Machinery
Table 15: Palm Stearin Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Palm Stearin Manufacturing: Costs Related to Electrical works and Piping
Table 17: Palm Stearin Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Palm Stearin Manufacturing: Working Capital Requirements
Table 19: Palm Stearin Manufacturing: Total Capital Investment Required
Table 20: Palm Stearin Manufacturing: Total Production Cost
Table 21: Palm Stearin Manufacturing: Raw Material Suppliers
Table 22: Palm Stearin Manufacturing: Machinery Suppliers
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