United States Palm Kernel Expeller Market was valued at USD 0.25 Billion in 2022 and is projected to reach USD 0.5 Billion by 2030, growing at a CAGR of 8.2% from 2024 to 2030.
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The United States Palm Kernel Expeller (Pke) Market Has Experienced Notable Growth, Driven By Its Diverse Industrial Applications And The Increasing Demand For Sustainable Feed Ingredients. Pke, A Byproduct Of Palm Oil Extraction, Is Primarily Utilized In Animal Feed Formulations Due To Its High Fiber And Protein Content. This Article Delves Into The Types Of Pke Available In The U.S. Market And The Specific Requirements From Various Industries That Utilize This Versatile Product.
Market Overview
In 2024, The U.S. Pke Market Was Valued At Approximately $156.3 Million, With Projections Indicating A Rise To $198.7 Million By 2030, Reflecting A Compound Annual Growth Rate (Cagr) Of 4.1% During The Forecast Period. This Growth Is Largely Attributed To The Livestock Feed Industry'S Increasing Demand For Cost-Effective And Nutritious Feed Components. Notably, In 2023, The U.S. Imported Around 800,000 Metric Tons Of Pke, With The Dairy Sector Consuming 65% Of This Volume. Additionally, There Was A 10% Surge In Demand For Organic Pke, Aligning With The Growing Trend Of Organic Dairy Production. CiteTurn0Search0
Types Of Palm Kernel Expeller
Standard Pke: This Is The Conventional Form, Characterized By Its High Fiber Content, Making It Suitable For Ruminant Diets.
Organic Pke: Produced Without Synthetic Fertilizers Or Pesticides, This Variant Caters To The Organic Livestock Sector.
Rspo-Certified Pke: Certified By The Roundtable On Sustainable Palm Oil, This Type Ensures Sustainable Sourcing Practices, Appealing To Environmentally Conscious Consumers And Industries.
Industry Requirements
Livestock Feed Industry: The Primary Consumer Of Pke, Especially In Dairy And Beef Cattle Sectors, Requires Pke With Consistent Quality, High Nutritional Value, And Compliance With Safety Standards. The Industry'S Focus On Sustainable And Traceable Feed Ingredients Has Led To A 15% Year-Over-Year Increase In Demand For Rspo-Certified Pke. CiteTurn0Search0
Biofuel Industry: Pke'S Utility As A Feedstock For Biodiesel Production Offers A Renewable Energy Source, Supporting Energy Security And Environmental Sustainability. CiteTurn0Search1
Oleochemical Industry: Pke Derivatives Are Utilized In Manufacturing Fatty Acids, Soaps, And Surfactants, Enhancing The Functionality And Performance Of Oleochemical Products. CiteTurn0Search1
Industrial Applications: Pke Is Employed In Producing Fertilizers, Soil Conditioners, And Biomass Energy, Contributing To Sustainable Agricultural Practices. CiteTurn0Search1
Challenges And Considerations
While Pke Presents Numerous Advantages, Industries Must Navigate Challenges Such As Quality Variability, Environmental Concerns Related To Palm Oil Cultivation, And Logistical Complexities. Ensuring Consistent Quality Necessitates Regular Supplier Audits And Adherence To Certifications Like Rspo. Addressing Environmental Issues Involves Sourcing Pke From Sustainable Producers To Mitigate Deforestation And Habitat Loss. Additionally, Importers Must Manage Shipping Costs, Regulatory Compliance, And Currency Exchange Risks To Maintain Profitability. CiteTurn0Search2
Emerging Trends
The U.S. Pke Market Is Witnessing A Trend Towards Traceable And Sustainably Sourced Products. In 2023, There Was A 15% Increase In Sales Of Rspo-Certified Pke, Reflecting Consumer And Industry Preferences For Environmentally Responsible Products. Furthermore, The Poultry Feed Sector Experienced A 7% Growth In Pke Adoption, Indicating Its Expanding Application Beyond Traditional Ruminant Feed. CiteTurn0Search0
In Conclusion, The U.S. Palm Kernel Expeller Market Is Poised For Continued Growth, Driven By Its Versatility And Alignment With Sustainability Goals. Industries Leveraging Pke Must Prioritize Quality Assurance, Sustainable Sourcing, And Adaptability To Evolving Market Demands To Capitalize On The Opportunities This Market Presents.
Get an In-Depth Research Analysis of the US Palm Kernel Expeller Market Size And Forecast [2025-2032]
ADM
Stance Global
Agrifeeds
KW Alternative Feeds
PT Sinar Jaya Argo Investama
Wilmar International
Tristar Global
Riverina
Compass Feeds
Prorich Agro Foods
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Palm Kernel Expeller Market
Food Industry
Animal Feed
Cosmetics and Personal Care
Biofuel Production
Pharmaceuticals
Crude Palm Kernel Expeller
Refined Palm Kernel Expeller
Organic Palm Kernel Expeller
Conventional Palm Kernel Expeller
Food Grade
Industrial Grade
Pharmaceutical Grade
Cold Pressed
Hot Pressed
Bags
Bulk Containers
Drums
Custom Packaging Solutions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Palm Kernel Expeller Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Palm Kernel Expeller Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Palm Kernel Expeller Market, By Type
6. US Palm Kernel Expeller Market, By Application
7. US Palm Kernel Expeller Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Palm Kernel Expeller Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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