Hydrogenated Palm Oil Market

By Type;

Fully Hydrogenated Palm Oil and Partially Hydrogenated Palm Oil

By Form;

Liquid Hydrogenated Palm Oil and Semi-Solid Hydrogenated Palm Oil

By Packaging Type;

Bulk Packaging and Retail Packaging

By End User;

Cosmetics & Detergent Industry, Food Industry, Chemical Industry, Livestock Industry, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn714935353 Published Date: August, 2025

Hydrogenated Palm Oil Market Overview

Hydrogenated Palm Oil Market (USD Million)

Hydrogenated Palm Oil Market was valued at USD 17,136.83 million in the year 2024. The size of this market is expected to increase to USD 23,320.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.


Hydrogenated Palm Oil Market

*Market size in USD million

CAGR 4.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.5 %
Market Size (2024)USD 17,136.83 Million
Market Size (2031)USD 23,320.86 Million
Market ConcentrationHigh
Report Pages364
17,136.83
2024
23,320.86
2031

Major Players

  • Wilmar International Ltd
  • Golden Agri-Resources Ltd
  • Mewah Group
  • IOI Loders Croklaan
  • Sarawak Oil Palms Berhad Group of Companies
  • Mectech Process Engineers Pvt. Ltd.
  • Kavya International
  • Sime Darby Hudson & Knight

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hydrogenated Palm Oil Market

Fragmented - Highly competitive market without dominant players


The Hydrogenated Palm Oil Market is experiencing significant growth, driven largely by its dominance in the food sector. More than 65% of demand comes from bakery, confectionery, and processed food industries, where hydrogenated palm oil enhances texture, taste stability, and shelf life. Its adaptability ensures consistent integration into modern food processing.

Growing Role in Cosmetics and Personal Care
Approximately 30% of hydrogenated palm oil usage is tied to cosmetic and personal care formulations. Its function as a stabilizer and emollient makes it essential in lotions, creams, and soaps, delivering smooth textures and long-lasting effects. The shift toward natural and cost-efficient ingredients has further propelled its adoption across these industries.

Industrial and Pharmaceutical Growth
The market also benefits from its expanding pharmaceutical and industrial applications, which account for nearly 20% of total demand. Hydrogenated palm oil plays an important role in capsule production, ointments, and lubricants, valued for its stability, safety, and neutral properties. These diverse applications emphasize its versatile industrial relevance.

Advancements in Hydrogenation Technology
Innovation remains a driving force, with almost 40% of new developments focusing on healthier formulations through advanced hydrogenation methods. Efforts to minimize trans-fat levels while maintaining product stability are strengthening consumer trust and industry reliance on hydrogenated palm oil. This trend underscores its future readiness.

Long-Term Market Outlook
With wide-ranging applications spanning food, cosmetics, pharmaceuticals, and industry, the hydrogenated palm oil market is positioned for steady expansion. Continued research, enhanced manufacturing practices, and evolving consumer demands are laying the foundation for sustained growth and broader acceptance in multiple end-use sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Packaging Type
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Hydrogenated Palm Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Extended Shelf Life
        2. Improved Texture
        3. Growing Food Processing Industry
        4. Consumer Demand for Processed Foods
      2. Restraints
        1. Health Concerns (Trans Fats)
        2. Regulatory Restrictions
        3. Sustainability Issues
        4. Environmental Impact
      3. Opportunities
        1. Sustainable Sourcing Innovations
        2. Development of Healthier Alternatives
        3. Expansion in Emerging Markets
        4. Advancements in Production Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Hydrogenated Palm Oil Market, By Type, 2021 - 2031 (USD Million)
      1. Fully Hydrogenated Palm Oil
      2. Partially Hydrogenated Palm Oil
    2. Hydrogenated Palm Oil Market, By Form, 2021 - 2031 (USD Million)
      1. Liquid Hydrogenated Palm Oil

      2. Semi-Solid Hydrogenated Palm Oil

    3. Hydrogenated Palm Oil Market, By Packaging Type, 2021 - 2031 (USD Million)
      1. Bulk Packaging

      2. Retail Packaging

    4. Hydrogenated Palm Oil Market, By End User, 2021 - 2031 (USD Million)
      1. Cosmetics & Detergent Industry
      2. Food Industry
      3. Chemical Industry
      4. Livestock Industry
      5. Others
    5. Hydrogenated Palm Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Wilmar International Ltd
      2. Golden Agri-Resources Ltd
      3. Mewah Group
      4. IOI Loders Croklaan
      5. Sarawak Oil Palms Berhad Group of Companies
      6. Mectech Process Engineers Pvt. Ltd.
      7. Kavya International
      8. Sime Darby Hudson & Knight
  7. Analyst Views
  8. Future Outlook of the Market