Palm Oil in Packaged Foods: A Growing Trend Across FMCG Sector
Palm oil has quietly become one of the most indispensable ingredients in the fast-moving consumer goods (FMCG) sector. From biscuits and bakery products to margarine, snacks, and frozen meals, palm oil is now a staple in more than 50% of all packaged food items globally. With the global palm oil market projected to reach US$ 67.1 billion in 2025 and grow at a CAGR of 4.5% through 2032, its rising usage in the packaged food segment signals a significant and lasting trend for the industry.