In 2023, the palm kernel oil market size volume per capita in China was 0.070 kilograms. Based on the forecasted data, a slight growth is expected from 2024 to 2028. The values indicate a stable increase year over year with a projected CAGR. Specifically, a gradual rise from 0.071 in 2024 and 2025 to 0.072 in 2026 and a further increase to 0.073 kilograms per capita in 2027 and 2028 shows a trend of modest growth.
Future trends to watch for include:
- Steady growth in demand due to industrial use diversification and increasing consumer awareness.
- Potential shifts in global supply chains that might affect import volumes.
- Regulatory changes in food safety and environmental policies impacting market dynamics.