• How big is the global palm kernel oil market?
  • from our company. The global palm kernel oil market, valued at USD 15.8 billion in 2023, is projected to grow at a 4.3% CAGR, reaching USD 23.1 billion by 2032.
  • How does a palm kernel oilcake work?
  • The expelled kernel oil flows through the slots distributed over the barrel circumference. The oilcake leaves the extraction machine through an adjustable cone and is then delivered to the second pressing Because of their high oil content, Palm kernels have to be subjected to 2 stage pressing for maximum oil yield.
  • Which countries are boosting the market for palm kernel oil?
  • Moreover, Europe is a world leader in automotive manufacturing and is home to many of the industry’s key players. Increased biodiesel demand in Germany, Spain, and other European countries is expected to boost the market for palm kernel oil. Palm kernel oil (Elaeis guineensis jaq) is a plant oil obtained from the kernel of palm seed.
  • Why is the palm kernel oil industry growing?
  • The palm kernel oil industry is projected to rise in the forecast period, owing to increasing biodiesel use in vehicles due to its affordability and environmental friendliness as compared to other fuels.
  • What is palm kernel oil?
  • Palm kernel oil (Elaeis guineensis jaq) is a plant oil obtained from the kernel of palm seed. Palm kernel oil is a saturated vegetable fat that is semi-solid at room temperature and is mostly used for commercial cooking because it is less expensive than other oil varieties.
  • How does a palm kernel oil expeller work?
  • The cleaned Kernels are fed to a palm kernel oil expeller machine, which consists of a main shaft and worms, which rotates within a stationary perforated cylinder called a cage or barrel. As the main shaft turns, there is a decrease in volume resulting in pressure in the cage.