Lauric Oils
Regions Covered
Europe
Regions Covered
Europe
Global palm kernel oil market was valued at more than USD 9 billion in 2016 and is expected to reach approximately USD 13.00-14.00 billion by 2022, growing at a CAGR of more than4% between 2017 and 2022. The market is mainly driven by growing demand for biofuels. Biofuels offer multiple advantages over conventional non renewable energy sources. Demand for coconut oil is expected to grow steadily.
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