Palm Kernel Expeller Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 1.9 Billion by 2033, exhibiting a CAGR of 6.3% from 2026 to 2033.
In 2022, the global palm kernel expeller (PKE) market was valued at approximately USD 67.3 billion, with projections indicating growth to USD 101.6 billion by 2031, reflecting a compound annual growth rate (CAGR) of 5% during the forecast period. The Asia Pacific region, particularly Malaysia and Indonesia, dominated the market due to their extensive palm oil production and well established extraction infrastructure. In North America, the United States PKE market was valued at USD 156.3 million in 2024, with expectations to reach USD 198.7 million by 2030, growing at a CAGR of 4.1%. Opportunities in the PKE market are driven by the expanding livestock industry, increasing focus on renewable energy, and technological innovations in extraction processes. The rising demand for high protein animal feed ingredients and sustainable biofuel production positions PKE as a preferred choice. Additionally, the growing consumer awareness about sustainable sourcing practices and the expansion of livestock farming in emerging markets present further growth avenues for market participants.
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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. 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 Global 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 Global 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. Global Palm Kernel Expeller Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Palm Kernel Expeller Market, By Type
6. Global Palm Kernel Expeller Market, By Application
7. Global Palm Kernel Expeller Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Palm Kernel Expeller Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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