Malaysia
is one of the largest players in the production and exports of palm oil
worldwide. The multi-utility of palm oil and the favorable climate of Malaysia
supporting the cultivation of palm oil have worked as a stimulator for palm oil
production in Malaysia. Malaysia palm oil industry witnessed a decline of 4.70%
over the period 2008-2013 in terms of domestic consumption of palm oil. The
leading factors which have been driving this industry are the demand for oils
and fats, economic advantages of palm oil and the non food uses of palm oil
like in oleo chemicals and bio fuels.
 |
| Malaysia Palm Oil Industry Revenue |
Palm
oil planted area of Malaysia can be segmented into mature and immature. Mature
oil palms are those which give the maximum palm oil yield. The immature palm
oil planted area has witnessed a higher growth of 4.23% during the period
2008-2013 than mature palm oil planted area, which experienced a growth rate of
2.94%. The total palm oil planted area of Malaysia at increased at a CAGR of
3.11 during 2008-2013.
The
rising awareness of environment preservation has led to countries switching
from using fossil fuels to bio fuels which is a cleaner and renewable source of
energy. The European Union also recently released a mandate stating its goals
of reducing green house gas emissions by 20% by 2020 also increasing the use of
renewable energy by 20% by 2020, thereby giving a boost to bio fuel production
in Malaysia. The bio fuel production in Malaysia had increased at a CAGR of
12.35% during the period 2008-2013.
The
Malaysia Pam Oil Industry is highly fragmented comprising of a large number of
market players. But recently large numbers of palm oil companies are
undertaking mergers and acquisitions on a large scale due to rising palm oil
production costs. This in turn is leading to the consolidation of this
industry.
Malaysia’s
palm oil industry is the fourth largest contributor to the national economy and
accounted for USD 16.7 billion to the Gross National Income in 2013. The
industry covers the value chain from upstream plantations to downstream
processing. The development is mainly private sector driven and remains heavily
tilted towards upstream activities.
According
to the research report “Malaysia Palm
Oil Industry Outlook to 2018 – Demand for Biofuel to Drive Production” by
Ken Research, the Malaysia palm oil industry would grow at a considerable CAGR
thus reaching USD 2.1 billion in 2018 due to a major push from technological
advancements, bio fuel production and mergers.
The
report provides detailed overview on the palm oil industry of Malaysia and
helps readers to identify the ongoing trends in the industry and anticipated
growth in future depending upon changing industry dynamics in coming years. The
report will help industry consultants, palm oil companies and other
stakeholders to align their market centric strategies according to ongoing and
expected trends in future.
Browse
report with TOC- http://www.kenresearch.com/agriculture-food-beverages/food-industry-research-reports/malaysia-palm-oil-market-research-report/525-104.html
Download
sample report here- http://goo.gl/CRbuX0
Contact Person- Ankur Gupta
Contact Email Id- ankur@kenresearch.com
