Product Code: ETC223301 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Qatar Palm Kernel Oil market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Qatar palm kernel oil market reflects the utilization of a specific vegetable oil in cooking and various industrial applications. Palm kernel oil, derived from the seeds of oil palm trees, is used in a range of food products and non-food items. While the market for palm kernel oil is not among the largest in Qatar, it plays a role in both the local food industry and industrial sectors.
The palm kernel oil market in Qatar is driven by its widespread applications in the food industry, particularly in baking and frying. The functional properties of palm kernel oil, such as its high stability at high temperatures, make it suitable for various culinary processes. The hospitality sector`s demand for consistent and versatile cooking oils has also contributed to market growth. The cosmetic industry`s use of palm kernel oil in skincare and hair care products has provided an additional avenue for market expansion.
The Qatar palm kernel oil market is hindered by the absence of domestic palm tree cultivation suitable for oil extraction. The need to import palm kernels or the oil itself exposes the market to global price volatility and supply disruptions. Sourcing sustainably produced palm kernel oil while addressing concerns about environmental impact, such as deforestation, presents complex challenges.
The Qatar palm kernel oil market experienced multifaceted effects as a result of the COVID-19 pandemic. The closure of restaurants, cafes, and the hospitality sector led to a decline in demand for palm kernel oil used in commercial food preparation. Reduced consumer spending and uncertainties about the future impacted overall market dynamics. Moreover, supply chain disruptions and restrictions on imports affected the availability of palm kernel oil products. On the other hand, there was a heightened focus on home cooking during lockdowns, leading to increased sales of cooking oils including palm kernel oil in retail channels. As the situation evolved, consumer awareness about the health aspects of cooking oils grew, influencing purchasing decisions. The market adjusted by diversifying its offerings, highlighting health benefits, and exploring innovative distribution strategies.
The Qatar palm kernel oil market has witnessed growth alongside the overall culinary oil sector. Local players like QatarOils have emerged as key suppliers of palm kernel oil, catering to both domestic consumption and industrial applications. These companies often highlight the versatility and health benefits of palm kernel oil compared to other cooking oils. International players like GlobalFoods also play a significant role by providing a consistent supply of palm kernel oil to meet the growing demand from various sectors, including food processing and cosmetic manufacturing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Qatar Palm Kernel Oil Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Palm Kernel Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Palm Kernel Oil Market - Industry Life Cycle |
3.4 Qatar Palm Kernel Oil Market - Porter's Five Forces |
3.5 Qatar Palm Kernel Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Qatar Palm Kernel Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Palm Kernel Oil Market Trends |
6 Qatar Palm Kernel Oil Market, By Types |
6.1 Qatar Palm Kernel Oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Qatar Palm Kernel Oil Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Qatar Palm Kernel Oil Market Revenues & Volume, By Edible Oil, 2021-2031F |
6.1.4 Qatar Palm Kernel Oil Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.1.5 Qatar Palm Kernel Oil Market Revenues & Volume, By Bio-diesel, 2021-2031F |
6.1.6 Qatar Palm Kernel Oil Market Revenues & Volume, By Lubricants, 2021-2031F |
6.1.7 Qatar Palm Kernel Oil Market Revenues & Volume, By Surfactants, 2021-2031F |
6.1.8 Qatar Palm Kernel Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Qatar Palm Kernel Oil Market Import-Export Trade Statistics |
7.1 Qatar Palm Kernel Oil Market Export to Major Countries |
7.2 Qatar Palm Kernel Oil Market Imports from Major Countries |
8 Qatar Palm Kernel Oil Market Key Performance Indicators |
9 Qatar Palm Kernel Oil Market - Opportunity Assessment |
9.1 Qatar Palm Kernel Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Qatar Palm Kernel Oil Market - Competitive Landscape |
10.1 Qatar Palm Kernel Oil Market Revenue Share, By Companies, 2024 |
10.2 Qatar Palm Kernel Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |