Global Palm Oil Market to Reach a Volume of 101 Million Tons by 2022
The production of palm oil is sustainable as compared to other crop based vegetable oils like soybean and rapeseed as it requires lesser energy in its production process and yields more oil per hectare. According to a new report by Expert Market Research, the global palm oil market reached a consumption volume of 69 Million Tons in 2016 and is further expected to reach 101 Million Tons by 2022.
View full press release