United Kingdom Palm Oil Market Size, Share, and COVID-19 Impact Analysis, By Type (Organic, Conventional), By End Use (Food & Beverage, Personal Care & Cosmetics, Biofuel & Energy, Pharmaceuticals, and Others), and United Kingdom Palm Oil Market Insights, Industry Trend, Forecasts to 2035.

United Kingdom Palm Oil Market Insights Forecasts to 2035

• The United Kingdom Palm Oil Market Size was estimated at USD 290.17 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.07% from 2025 to 2035
• The United Kingdom Palm Oil Market Size is Expected to Reach USD 450.13 Million by 2035

According to a research report published by Spherical Insights & Consulting, the United Kingdom Palm Oil Market Size is anticipated to reach USD 450.13 Million by 2035, growing at a CAGR of 4.07% from 2025 to 2035. The palm oil market is expanding due to the growing food services and home demand for and use. The industry is predicted to thrive because so many players are participating in industry research and development due to the growing need for palm oil products.

Market Overview

The United Kingdom palm oil market refers to the industry focused on the production and application of palm oil. Palm oil, a versatile vegetable oil, is produced from the fruit of the oil palm tree. The expanding middle class and increased demand for processed cooking oils are the factors propelling the countrywide market expansion. Manufacturers frequently use palm oil because it is a high-yielding, cost-effective, and adaptable vegetable oil. One of the main factors is its extensive use in the food industry, where its versatility and extended shelf life make it a crucial component of baked goods, cooking oils, margarine, and processed meals. Furthermore, the expanding usage of palm oil in non-food items like soaps, cleaning supplies, and cosmetics is another significant contributing factor. It is a sought-after base ingredient in household and personal care products due to its natural qualities.

Report Coverage

This research report categorizes the market for the United Kingdom palm oil market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom palm oil market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom palm oil market.

Driving Factors

The market for palm oil across the UK is expanding for some reasons, such as its growing adaptability and broad range of applications, the country's impressive economic development, and rising awareness of its health advantages. Furthermore, the market is expanding primarily due to the rising demand for food items, including processed foods and cooking oils containing palm oil. Additionally, the market's outlook is improving due to the expanding usage of palm oil in non-food industries, such as biofuels. The increasing use of palm oil in biodiesel and other renewable energy sources is also being driven by environmental concerns and the need to lower greenhouse gas emissions.

Restraining Factors

The market for palm oil in the UK is challenged because of the health risks associated with its high saturated fat content, which also restricts its widespread use, especially in the food business. Furthermore, price volatility brought on by weather patterns and global market trends slows the market expansion. The dominance of palm oil in the industry is also being threatened by competition from other vegetable oils, including canola and soybean.

Market Segmentation

The United Kingdom palm oil market share is classified into type and end use.

• The conventional segment held a significant share in 2024 and is expected to grow at a rapid pace during the forecast period.

The United Kingdom palm oil market is segmented by type into organic and conventional. Among these, the conventional segment held a significant share in 2024 and is expected to grow at a rapid pace during the forecast period. This is due to their low cost and ease of access, and productivity with the aid of synthetic chemicals. Further, they are an essential source of revenue for small and medium-sized growers, which boosts the segment growth.

• The personal care & cosmetics segment held a significant share in 2024 and is expected to grow at a rapid pace over the forecast period.

The United Kingdom palm oil market is segmented by end use into food & beverage, personal care & cosmetics, biofuel & energy, pharmaceuticals, and others. Among these, the personal care & cosmetics segment held a significant share in 2024 and is expected to grow at a rapid pace over the forecast period. This is because of product portfolio diversification and rising demand for plant-based, sustainable, and organic products.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom palm oil market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Equatorial Palm Oil
• DAABON
• AAK International
• Others

Recent Developments:

• In April 2025, the UK welcomed its first tariff-free shipment of Malaysian palm oil under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The shipment, which totaled 8,000 tonnes, arrived at the Port of Liverpool. This marked a significant milestone in Malaysia-UK trade relations, allowing companies from both nations to expand their markets.

• In October 2024, Daabon UK launched the world’s first carbon-neutral organic palm oil. This milestone in sustainability is recognized by the European Union Deforestation Regulation (EUDR). It had a Life Cycle Assessment (LCA) calculated CO2eq of -977kg per tonne, making it ideal for companies that looking to reduce their carbon footprint.

• In October 2023, KTC Edibles, a UK-based edible oils supplier, introduced a new palm oil brand called Planet Palm. This launch aims to provide a sustainable and responsibly sourced palm oil option for manufacturers and businesses.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom palm oil market based on the below-mentioned segments:

United Kingdom Palm Oil Market, By Type

• Organic
• Conventional

United Kingdom Palm Oil Market, By End Use

• Food & Beverage
• Personal Care & Cosmetics
• Biofuel & Energy
• Pharmaceuticals
• Others