According to Mordor Intelligence, the palm oil market size is expected to increase from USD 74.51 billion in 2026 to USD 92.01 billion by 2031, growing at a CAGR of 4.31% over 2026–2031. Demand from food processing, personal care, and oleochemicals remains central to market expansion, while product innovation is broadening applications across frying, bakery, cosmetics, chocolate, and...