Forecast: Palm Kernel Oil Non-food Uses in France

Palm kernel oil use for non-food purposes in France peaked at 15 thousand metric tons in 2015, before fluctuating over the following years and stabilizing at 11 thousand metric tons from 2020 to 2023. The forecast for 2024 sees a continuation of this stable trend, with a slight increase projected from 2026 onwards. Over the past five years, the compound annual growth rate (CAGR) stood at a modest 4.1%, while future projections suggest a CAGR of 1.76% over the next five years.

Future trends to watch for include:

  • Potential regulatory changes affecting palm oil procurement and sustainability practices.
  • Innovations in alternative oils which may impact palm kernel oil demand.
  • Shifting consumer preferences toward more environmentally friendly products.

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