Palm Kernel Cake Global Market Report 2025

The palm kernel cake market size has grown strongly in recent years. It will grow from $2.8 billion in 2024 to $3.01 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to increased livestock production, rising global meat consumption, expansion of palm oil processing activities, government initiatives supporting circular economy practices, and growing protein intake among consumers.

The palm kernel cake market size is expected to see strong growth in the next few years. It will grow to $3.95 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to regulatory support for by-product utilization, increasing consumer inclination toward sustainable products, expansion of the aquaculture industry, rising biofuel production, and the growing adoption of organic farming practices. Key trends in the forecast period include the incorporation of palm kernel cake into livestock feed, advancements in feed processing technologies, innovations in value-added agricultural applications, integration into animal feed formulations, and the emergence of bio-enhanced and organic palm kernel cake variants.

The increasing global livestock production is expected to drive the growth of the palm kernel cake market going forward. Livestock production refers to the practice of raising animals for products such as meat, milk, eggs, wool, and other by-products while managing their breeding, feeding, and health. Global livestock production is expanding as the growing world population increases demand for animal-based proteins, encouraging farmers and producers to scale up operations to meet nutritional needs. Palm kernel cake serves as a valuable component in livestock production, providing a nutrient-rich feed ingredient that supports animal growth, enhances milk yield, and improves overall health, offering a cost-effective alternative to conventional feed sources. For instance, in July 2025, according to the Department for Environment, Food and Rural Affairs, a UK-based government department, total meat production in 2024 rose by 2.6% to 4.16 million tons, while its value increased by 5.8% to £11.3 billion ($14,445 million). Meanwhile, the value of eggs for human consumption rose by 35% to £1.4 billion ($1.79 billion), with production increasing by 4.9% to 1.14 billion dozen. Therefore, the rising global livestock production is expected to create significant opportunities for the palm kernel cake market.

Key companies operating in the palm kernel cake market are focusing on policy shifts, such as revising export strategies, to strengthen domestic feed supply and address supply chain challenges. Policy shifts refer to changes in government regulations or export frameworks that companies must adapt to in order to secure domestic feed supply and optimize trade opportunities. For instance, in May 2023, Malaysia's Ministry of Plantation Industries and Commodities, a Malaysia-based government department, announced plans to review its PKC export policy to prioritize domestic poultry needs. This initiative aims to reduce dependence on imported feed, stabilize poultry supply, and lower feed costs. The ministry also plans to collaborate with stakeholders, government-linked companies, and research institutions to enhance PKC quality and availability for poultry feed. This strategic policy adjustment highlights the growing focus on leveraging local agricultural by-products to strengthen food security and promote economic resilience in the poultry industry.

In June 2024, Presco Plc, a Nigeria-based producer of crude palm oil, refined palm oil, and palm kernel products, acquired the Ghana Oil Palm Development Company (GOPDC) for $124.9 million. Through this acquisition, Presco aims to diversify its revenue base, reduce exposure to foreign exchange risks, and strategically expand its operational presence across West Africa. This move strengthens Presco’s position in the regional palm oil market while enhancing its production capacity to meet both local and export demand. Ghana Oil Palm Development Company (GOPDC), a Ghana-based operator of oil palm estates and processing facilities, produces palm kernel cake (PKC) as a by-product of its oil palm processing operations.

Major players in the palm kernel cake market are Wilmar International Limited, Golden Agri-Resources Ltd., Musim Mas Group, Godrej Agrovet Limited, First Resources Ltd., Indofood Agri Resources Ltd., PT Amerta Agro Indonesia, Vaighai Agro Products Ltd, Sentini Comtrade India Pvt Ltd., Shree Gita Gining & Oil Industry, Future Prelude Sdn Bhd, Hari Ohm Enterprises, Prorich Agro Foods ltd., PT Agriutama Prima Nusa, Ashish Feeds, Jaya Sudha Traders, Mahalakshmi Oils Private Limited, Shree Muthaiah Exports, Subrahmanyeswara Agro Products Pvt Ltd., Winshri International.

Asia-Pacific was the largest region in the palm kernel cake market in 2024. The regions covered in palm kernel cake report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The accelerated imposition of U.S. tariffs and the emerging trade conflicts in spring 2025 are significantly influencing the agriculture sector by increasing input costs for seeds, fertilizers, and machinery parts sourced from abroad. Tariffs on imported agrochemicals and farm equipment have raised production expenses for growers, while retaliatory measures from key trading partners have reduced export opportunities for U.S. crops such as corn, wheat, and dairy products. As a result, many farmers are experiencing shrinking profit margins and heightened financial stress. In response, agricultural producers are diversifying crop portfolios, adopting precision farming technologies to reduce input waste, and advocating for government subsidies and market access relief.

The palm kernel cake market research report is one of a series of new reports that provides palm kernel cake market statistics, including palm kernel cake industry global market size, regional shares, competitors with a palm kernel cake market share, detailed palm kernel cake market segments, market trends and opportunities, and any further data you may need to thrive in the palm kernel cake industry. This palm kernel cake market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Palm kernel cake is the fibrous, nutrient-rich solid residue left after extracting oil from the kernels of oil palm fruits, containing high levels of protein, fiber, and residual oil. It is widely used as a valuable feed ingredient that provides essential nutrients and energy for livestock and poultry across various animal husbandry practices.

The key types of palm kernel cake include mechanical pressing and solvent extraction. Mechanical pressing refers to the method where dried palm kernels are physically compressed to extract oil, leaving behind the solid cake. It is available in various product forms such as granulated, pelletized, and flaked palm kernel cake and is distributed through channels including direct sales, distributors, online platforms, and feed manufacturers. It is applied in ruminant, poultry, pig, and aquatic feed and is utilized by end-users such as agriculture, commercial animal breeders, food processors, and energy companies.

The countries covered in the palm kernel cake market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The palm kernel cake market consists of sales of palm kernel cake pellets, loose palm kernel cake, defatted palm kernel meals, high-fiber palm kernel cake, and palm kernel cake blocks. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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