The Global Palm Kernel Meal Market was valued at USD 5.8 Billion in 2023 and is projected to reach USD 8.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2024-2030). This expansion is driven by rising demand for high-protein animal feed, particularly in poultry and aquaculture industries across Asia Pacific and Africa.
As sustainable agricultural byproducts gain importance in animal nutrition, palm kernel meal has emerged as a crucial protein source with cost advantages over traditional feed ingredients. Below we analyze the Top 10 Companies in the Palm Kernel Meal Industry – key producers transforming agricultural waste into valuable feed supplements through innovative processing and distribution networks.
🔟 1. Wilmar International
Headquarters: Singapore
Key Offering: Organic and conventional palm kernel meal
Wilmar operates one of the largest palm processing networks in Southeast Asia, with over 300,000 hectares of plantations and extensive milling capacity. The company’s integrated supply chain ensures consistent quality PKM for global feed markets.
Sustainability Initiatives:
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100% RSPO-certified production
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Blockchain traceability for all palm products
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Biogas power generation from processing waste
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Global Palm Kernel Meal Market – View in Detailed Research Report
9️⃣ 2. Sime Darby Plantation
Headquarters: Kuala Lumpur, Malaysia
Key Offering: Premium-grade palm kernel meal
As a pioneer in sustainable palm oil, Sime Darby applies rigorous quality controls to its PKM production. The company’s specialized processing enhances protein content and digestibility for superior feed performance.
Sustainability Initiatives:
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Carbon-negative operations via reforestation
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Zero waste processing facilities
8️⃣ 3. IOI Corporation
Headquarters: Putrajaya, Malaysia
Key Offering: High-protein PKM formulations
IOI’s specialty feed division develops customized palm kernel meal products for different livestock sectors, with particular expertise in aquaculture feed applications.
Sustainability Initiatives:
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Full supply chain certification
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Water recycling in all processing plants
7️⃣ 4. FGV Holdings
Headquarters: Kuala Lumpur, Malaysia
Key Offering: Standard and organic PKM
FGV operates Malaysia’s most extensive palm processing infrastructure with capacity to supply feed markets globally. The company invests heavily in R&D to improve PKM nutritional profiles.
Sustainability Initiatives:
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Regenerative farming practices
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Biomass energy projects
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Global Palm Kernel Meal Market – View in Detailed Research Report
6️⃣ 5. Musim Mas
Headquarters: Singapore
Key Offering: Specialty feed-grade PKM
This vertically integrated producer controls the entire PKM value chain from cultivation to logistics. Musim Mas supplies tailored products to China’s massive aquaculture industry.
Sustainability Initiatives:
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Deforestation-free commitment
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Renewable energy-powered mills
5️⃣ 6. Astra Agro Lestari
Headquarters: Jakarta, Indonesia
Key Offering: Conventional and organic PKM
As Indonesia’s second-largest producer, Astra Agro combines large-scale production with advanced quality control to serve both domestic and export feed markets.
Sustainability Initiatives:
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Reduced pesticide programs
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Smallholder training initiatives
4️⃣ 7. Golden Agri-Resources
Headquarters: Singapore
Key Offering: Enhanced PKM products
GAR’s nutrition division develops value-added palm kernel meal formulations with optimized amino acid profiles for specific animal species.
Sustainability Initiatives:
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Full supply chain transparency
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Byproduct utilization programs
3️⃣ 8. KLK Oleo
Headquarters: Kuala Lumpur, Malaysia
Key Offering: Technical and feed PKM
KLK specializes in premium palm derivatives, operating dedicated processing facilities that produce PKM with standardized protein and fiber content.
Sustainability Initiatives:
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Sustainable energy use
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Water conservation systems
Download FREE Sample Report:
Global Palm Kernel Meal Market – View in Detailed Research Report
2️⃣ 9. First Resources
Headquarters: Singapore
Key Offering: Standard PKM
First Resources efficiently processes palm kernels throughout Indonesia with lean operations that provide cost-competitive feed ingredients to Asian markets.
Sustainability Initiatives:
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RSPO-certified operations
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Emissions reduction programs
1️⃣ 10. Bumitama Agri
Headquarters: Jakarta, Indonesia
Key Offering: Bulk PKM products
Focusing on Indonesia’s domestic feed market, Bumitama provides affordable palm kernel meal to local livestock producers through optimized regional distribution.
Sustainability Initiatives:
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Smallholder development
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Land management programs
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Global Palm Kernel Meal Market – View in Detailed Research Report
🌍 Outlook: Sustainable Growth in Feed Ingredients
The palm kernel meal market continues its evolution, with technological advancements and sustainability initiatives creating new opportunities across the value chain.
📈 Key Trends Shaping the Market:
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Increasing demand for sustainable and traceable feed ingredients
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Expanding aquaculture sector driving specialized PKM formulations
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Processing innovations improving protein digestibility
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Efficient logistics enabling global supply chains
Get Full Report Here:
Global Palm Kernel Meal Market – View in Detailed Research Report
These industry leaders are not just supplying essential feed components – they’re driving the sustainable transformation of agricultural byproduct utilization.
