The Iran palm oil market is expected to reach USD 648.40 million by 2025.
Increasing usage in cosmetics and biodiesel industries has contributed to a significant portion of market revenue in recent years. The termination of Western sanctions followed by the agreement regarding nuclear issues has had a beneficial impact on Iran's economy, attracting higher foreign investments in the country. Malaysia is negotiating a reduction of tariffs under a free trade agreement, which is expected to boost trade relations with Iran once again. The removal of the import quota has had an immense impact on the Iranian industry as well, further stimulating growth in recent years.
Lower palm product prices as compared to other vegetable products such as soybean, sunflower & groundnut has also led to higher substitution in the food & beverage, cosmetics, and biodiesel industries.
Crude palm oil (CPO) is expected to remain the dominant segment occupying over 88% volume share in 2015. Despite a decline in consumption levels in 2014, the product has witnessed steady recovery, gaining an edge over kernel products in the following years. CPO is widely used to derive other products such as RBD, which are then utilized in bakery, cooking and other non-food applications.
- Kala Gostaran Sabz Andish Co., Ltd.
- Middle East Gold Star Co.
- Golbarg Baharan
- Parto Daneh Khazar Production Co.
- Faravardehaye Roghanie Iran Co.
- Savola Behshahr Company
- Strategic initiative
- Jahan Vegetable Oil Company
- Alia Golestan Food Industries
- Eghtesad Andish, Inc.
- KVSGS Co.
- Khoramshahr Arvin Shipping Company
- Mahidasht Kermanshah Agricultural Industrial Complex
- Kesht va Sanat Shomal Company
- Margarine Manufacturing Co., Ltd.
- Donyaye Chemie Co., Ltd.
- Narges Shiraz Vegetable Oil Co.
- Pars Vegetable Oil Co.
- Golestan Dezful Cultivation & Industry Co.
- AAK Malaysia Sdn. Bhd.
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Iran Palm Oil Market Variables, Trends & Scope
4 Iran Palm Oil Market: Product Estimates & Trend Analysis
5 Iran Palm Oil Market: Application Estimates & Trend Analysis
6 Trade Landscape
7 Competitive Landscape
8 Company Profiles
9 Palm Oil Manufacturing Plant Suppliers
10 Palm Oil End-Users
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