UAE Palm Oil Market Analysis: By Product Type (Palm Kernel Oil, Palm Kernel Cake, Crude Palm Oil, Others), By Application (Biodiesel, Edible Oil, Lubricants, Surfactants, Cosmetics, Others), and Country

Palm oil is an economically important and versatile vegetable oil that is used as a raw material for both food and non-food products. Large red and orange fresh fruit bunches grow on palm oil trees, which can be broken up into individual fruits. Both the flesh and the kernel of the fruit yield palm oil. Each fresh fruit bunch weighs between 10 kg and 40 kg, and the flesh of the fruit (not the kernel) yields over 50 percent oil (Food and Agricultural Organization of the United Nations (FAO), 2002). Around the world, vegetable oil production totals approximately 150 million metric tons per year, of which approximately one-third is palm oil (FAO, 2013). Palm oil is the most widely used vegetable oil in the world and is found in supermarket products ranging from margarine, cereals, sweets, and baked goods to soaps, washing powders, and cosmetics. Increasingly, palm oil is also being used as a first-generation biofuel. In 2011 oil palm plantations produced over 53 million metric tons of palm oil on 16 million hectares.

Uae Palm Oil Market Key Developments:

• In June 2018, Abu Dhabi Vegetable Oil Co. collaborated with patanjali to produce a range of edible oils.