The Brazil palm oil market size reached a volume of 1028.09 Kilo Tons in 2024 and is expected to grow at a CAGR of 6.00% during the forecast period of 2025-2034, reaching a value of 1841.15 Kilo Tons by 2034. The market is witnessing growth due to the growing awareness regarding the health benefits of palm oil.
Market Segmentation
Palm oil is extracted by crushing oilseeds. The oilseed is the leading agricultural commodity in Brazil.The industry can be further categorised on the basis of its product into:
- Crude Palm Oil
- Palm Kernel Oil
- Palm Kernel Cake
- Others
The application sectors for palm oil include:
- Edible Oil
- Cosmetics
- Biodiesel
- Lubricants
- Surfactants
- Others
Market Analysis
The Brazil palm oil market is being driven by the increasing consumption of palm oil owing to its low cost and tremendous health benefits. The growing health concerns among individuals is further aiding the market. The rising usage of palm oil in the food industry as edible oil is another factor fuelling the demand of the industry. Crude palm oil is dominating the segment due to its high demand in the production of lubricants and greases. On the other hand, palm kernel oil is expected to witness the high demand during the forecast period owing to its increasing use in cosmetics, confectionery fats, and detergents. However, private palm tree plantation is expected to hinder the growth of the industry.Competitive Landscape
The report presents a detailed analysis of the following key players in the Brazil palm oil market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:- Bunge Limited
- The Archer Daniels Midland Company (ADM) [ADM (NYSE)]
- Agropalma
- BELEM BIOENERGIA BRASIL S.A.
- Denpasa - Dendê do Pará S/A
- Brasil Biofuels
- Agroindustrial Palmasa S/A
- Marborges Agroindústria S.A.
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Brazil Palm Oil Market Analysis
6 Market Dynamics
8 Trade Data Analysis (HS Code: 1511)
10 Competitive Landscape
Companies Mentioned
The key companies featured in this Brazil Palm Oil market report include:- Bunge Limited
- Archer-Daniels-Midland Company
- AGROPALMA
- Belem Bioenergia Brasil
- Denpasa - Dendê do Pará S/A.
- Brasil Biofuels
- Agroindustrial Palmasa S/A
- Marborges Agroindústria S.A.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 109 |
| Published | August 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value in 2025 | 1028.09 Kilo Tons |
| Forecasted Market Value by 2034 | 1841.15 Kilo Tons |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Brazil |
| No. of Companies Mentioned | 9 |
