Lewes, DE -- (SBWire) -- 02/05/2016 --Palm oil is the most widely produced category of vegetable oil produced globally, despite high environmental concerns around its production. Globally, most of the palm oil is produced in Asia, Africa and South America because of the suitable weather conditions in these regions
The global consumption of palm oil has grown consistently at approximately 7% per annum for the last two decades. The global demand has been growing substantially boosted by the rising consumption in emerging Asian economies primarily India and China.
Indonesia is the largest palm oil producer in the world followed by Malaysia and Thailand. Indonesia and Malaysia together account for over 85% of the world supply of palm oil. Indonesia produced 31 million tonnes of palm oil in 2014 and in 2015 the country's production is expected to experience limited growth due to bad weather conditions coupled with the fact that old trees have become unproductive and younger trees have not yet attained the optimal production age.
In 2014, Indonesia exported 21 million metric tons of palm oil and is expected to export 21.6 million metric tons in 2015. Key destinations for Indonesian palm oil export include China, India, Malaysia, the Netherlands, Singapore.
Why should the report be purchased?
The report 'A Study of Indonesia's Palm Oil Industry 2015' highlightsthe key dynamics ofIndonesia's palm oil sector. The potential of the sector has been investigated along with key challenges.The current market scenario and future prospects of the sector has also been studied. Key players including Astra Agro Lestari, Bakrie Sumatera Plantations, Indofood Sukses Makmur, Sampoerna Agro, BW Plantation, PP London Sumatra Indonesia, Wilmar International Limited have been profiled. The report contains latest verbatim of industry experts.
Research methodology
This industry has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
Spanning over 50 pages "A Study of Indonesia's Palm Oil Industry 2015" report covers Global Palm Oil Industry, Indonesia Country Snapshot, Indonesia Palm Oil Industry, Market Drivers, Competitive Landscape, Challenges, Government Initiatives, Outlook, Research Methodology. The report covered companies are - Astra Agro Lestari, BW Plantation, Bakrie Sumatera Plantations, Indofood Sukses Makmur, PP London Sumatra Indonesia, Sampoerna Agro, Wilmar International Limited
For more information Visit at: http://www.marketresearchreports.com/smart-research-insights/study-indonesia%E2%80%99s-palm-oil-industry-2015
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