Palm oil is the world's highest yielding oil crop. Its output is 5-10 times greater per hectare, offering a better land-use efficiency than other vegetable oils. Combined with competitive prices, relative shelf stability and reported nutritional benefits, palm oil leverages natural advantages that position it as a likely long-term staple of the global diet. Palm oil is affordable cooking oil and source of nutrition for millions of poor consumers in Asian countries.
Asia has a key role to play in the Palm Oil sector, together Asian markets are responsible for about 40% of global demand of Palm Oil whereas Europe accounts for about 12% of the market, and the US 2%.Read More
Asian Palm Oil Alliance (APOA) is not-for-profit alliance of Asian companies and industry organizations operating in palm oil production as well as in refining. APOA provides a platform to develop a common, collective, coordinated and coherent position of the Asian palm oil industry stakeholders.
"Palm oil is recognized as a high-quality, economical, and healthy vegetable oil that contributes to SDGs attainment in developing countries"