Source link : https://www.mondialnews.com/2025/08/26/uks-crude-palm-oil-market-poised-for-steady-growth-with-1-7-cagr-through-2035/
The United Kingdom’s crude palm oil market is set to experience moderate growth over the coming decade, with a projected compound annual growth rate (CAGR) of 1.7% from 2024 to 2035, according to a recent report by IndexBox. This steady expansion reflects evolving consumer demand, regulatory shifts, and supply chain dynamics within the UK’s edible oils sector. As crude palm oil remains a key ingredient across food manufacturing and industrial applications, stakeholders are closely monitoring these trends to navigate the market’s future trajectory.
UK Crude Palm Oil Market Projected to Experience Steady Growth Driven by Rising Demand in Food and Industrial Sectors
The UK crude palm oil market is anticipated to demonstrate consistent growth over the next decade, primarily fueled by expanding applications within the food and industrial sectors. Increasing consumer demand for processed foods and edible oil products has heightened the need for sustainable and versatile oil sources. Additionally, the industrial sector’s reliance on palm oil derivatives for bio-lubricants, cosmetics, and cleaning agents is contributing to a diversified consumption pattern. Market analysts predict a compound annual growth rate (CAGR) of approximately +1.7% between 2024 and 2035, underscoring a stable upward trajectory despite global supply chain fluctuations.
Key factors driving this steady growth include:
- Rising awareness about the health benefits of palm oil when used in…
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Author : Victoria Jones
Publish date : 2025-08-26 04:40:00
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