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The Dynamics of Palm Oil Supply Chain by Norliza Saparin; Areej Mohd Taufik; Nina Naquiah Ahmad Nizar; Asmah Norliza Abd Jalil; Siti Aimi Sarah Zainal Abidin; Aishah Bujang is a book available to read on EtoBox.
What is The Dynamics of Palm Oil Supply Chain about?
In 2020 Malaysia's palm oil (PO) industry contributes 2.7% of gross domestic product to the Malaysian economy. Being the world's second-largest producer and exporter of PO, after Indonesia, around 16.2 million metric tons of PO and PO-based products were exported around the globe, valued at RM 73.3 billion. PO has a significant share at 31.4% in the world's oils and fats production along with another three types of vegetable oils: soybean, rapeseed, and sunflower oils. It is also a major ingredient in the production of cosmetics, pharmaceutical, and nutraceutical products.According to the report of Amna Puri (2022), the halal product market is expected to grow from 1.4 trillion US dollars in 2017 to around 2.6 trillion by 2024, with the largest share of the market value coming from North America. Halal market is now valued at around US $632 billion per year, and it represents 17% of the entire global food industry. Furthermore, the demand for halal foods from the non-Muslim market is growing with global interest from non-Muslim countries such as the United States, Japan, China, Brazil, the United Kingdom, and Australia (Omar, 2017). Therefore the halal market's potential is very pr
- Author
- Norliza Saparin; Areej Mohd Taufik; Nina Naquiah Ahmad Nizar; Asmah Norliza Abd Jalil; Siti Aimi Sarah Zainal Abidin; Aishah Bujang
- Publisher
- Elsevier Science & Technology; Academic Press
- Published
- 2023
- Language
- EN
- ISBN
- 9780323916622
- Subjects
- Science, Stem
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