The Global Elaeis Guineensis (Palm) Fruit Extract Market was valued at US$ 45.2 Million in 2022 and is projected to reach US$ 72.8 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period (2023–2029). This growth is being driven by rising demand for natural and organic ingredients in cosmetics and food industries, increasing consumer preference for sustainable sourcing, and expanding applications in personal care products across emerging markets.

The USA market for Global Elaeis Guineensis (Palm) Fruit Extract is estimated to increase from USD 8.5 million in 2022 to reach USD 12.3 million by 2030, at a CAGR of 4.8% during the forecast period of 2023 through 2030.

The China market for Global Elaeis Guineensis (Palm) Fruit Extract is estimated to increase from USD 10.2 million in 2022 to reach USD 18.5 million by 2030, at a CAGR of 8.9% during the forecast period of 2023 through 2030.

The Europe market for Global Elaeis Guineensis (Palm) Fruit Extract is estimated to increase from USD 7.6 million in 2022 to reach USD 11.2 million by 2030, at a CAGR of 5.6% during the forecast period of 2023 through 2030.

Elaeis guineensis, commonly known as the oil palm, produces fruit from which this extract is derived, offering rich antioxidants and emollients valued in various sectors.

As the natural ingredients industry shifts toward sustainable and ethically sourced materials, the focus turns to leading producers who innovate in extraction processes, ensure traceability, and meet global standards for environmental responsibility. In this blog, we profile the Top 10 Companies in the Elaeis Guineensis (Palm) Fruit Extract Industry—a blend of established palm processors, specialized extractors, and sustainability-focused firms shaping the future of bio-based ingredients.

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🔟 1. Wilmar International Limited

Headquarters: Singapore
Key Offering: Organic Palm Fruit Extracts, Refined Palm Kernel Extracts for Cosmetics and Food

Wilmar International stands as a global powerhouse in palm oil and derivatives, including Elaeis guineensis fruit extracts used extensively in skincare formulations and nutritional supplements. With operations spanning plantations in Indonesia and Malaysia to refining facilities worldwide, the company supplies high-purity extracts that meet stringent international quality standards, while their vast supply chain ensures consistent availability for brands in North America and Europe.

Sustainability Initiatives:

• RSPO-certified sustainable palm oil production across 100% of operations

• Zero-deforestation commitments with third-party audits

• Community development programs in palm-growing regions to promote ethical labor practices

Download FREE Sample Report: Elaeis Guineensis (Palm) Fruit Extract Market – View in Detailed Research Report

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9️⃣ 2. Golden Agri-Resources Ltd.

Headquarters: Singapore
Key Offering: Natural Palm Fruit Extracts, Bioactive Compounds for Personal Care

Golden Agri-Resources, one of Asia’s largest palm oil producers, excels in producing Elaeis guineensis fruit extracts tailored for the cosmetic industry, prized for moisturizing properties and antioxidant benefits integrated into lotions, shampoos, and serums by major beauty brands.

Sustainability Initiatives:

• Implementation of biodiversity conservation plans in plantation areas

• Partnerships with NGOs for reforestation and habitat protection

• Reduction of greenhouse gas emissions through efficient milling processes

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8️⃣ 3. IOI Corporation Berhad

Headquarters: Putrajaya, Malaysia
Key Offering: Palm Fruit Extract Derivatives, Emollients for Food and Pharma

IOI Corporation is a key player in the downstream processing of palm fruits, specializing in Elaeis guineensis extracts for both food fortification and pharmaceutical applications, with vertical integration enabling cost-effective production and compliance with EU organic standards.

Sustainability Initiatives:

• Adoption of ISPO (Indonesian Sustainable Palm Oil) certification

• Water management systems to reduce usage by 20% in extraction facilities

• Worker welfare programs including training and fair wages

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7️⃣ 4. Sime Darby Plantation Berhad

Headquarters: Kuala Lumpur, Malaysia
Key Offering: Organic Elaeis Guineensis Extracts, Specialty Ingredients for Cosmetics

Sime Darby Plantation, a multinational giant, leads in sustainable palm fruit extract production, offering organic variants rich in beta-carotene and vitamin E for premium skincare, leveraging a global footprint for consistent supply to US and Asian manufacturers.

Sustainability Initiatives:

• Net-zero emissions target by 2050 with carbon offset projects

• Protected conservation areas covering 10% of land holdings

• Collaboration with Rainforest Alliance for ecosystem monitoring

Download FREE Sample Report: Elaeis Guineensis (Palm) Fruit Extract Market – View in Detailed Research Report

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6️⃣ 5. Kuala Lumpur Kepong Berhad (KLK)

Headquarters: Kuala Lumpur, Malaysia
Key Offering: Natural Palm Fruit Extracts, Antioxidants for Food and Beverage

Kuala Lumpur Kepong Berhad combines oleochemical expertise with palm fruit extract innovation, producing natural antioxidants to extend product freshness in the food industry, aligning with clean-label trends through integrated operations.

Sustainability Initiatives:

• MSPO (Malaysian Sustainable Palm Oil) compliance across all estates

• Bioenergy generation from palm waste to power extraction plants

• Gender equality initiatives in plantation workforce

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5️⃣ 6. Connoils Organic Ingredients

Headquarters: Oregon, USA
Key Offering: Certified Organic Palm Fruit Extracts for Cosmetics

Connoils specializes in small-batch, organic Elaeis guineensis fruit extracts for the US indie beauty market, using supercritical CO2 extraction for solvent-free products sourced from RSPO-certified suppliers.

Sustainability Initiatives:

• 100% organic certification from USDA and EU bodies

• Carbon-neutral shipping and packaging

• Support for smallholder farmers through premium pricing

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4️⃣ 7. Oil Palm India Limited

Headquarters: Kolkata, India
Key Offering: Palm Fruit Extracts for Food Fortification

Oil Palm India excels in producing Elaeis guineensis extracts for the Indian food sector, enriching edible oils with natural vitamins while adhering to FSSAI standards in regional facilities.

Sustainability Initiatives:

• Adoption of sustainable farming practices in Indian plantations

• Water recycling in processing units to conserve resources

• Community education on palm cultivation benefits

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3️⃣ 8. AMJ Indonesia

Headquarters: Jakarta, Indonesia
Key Offering: Refined Palm Fruit Extracts for Export

AMJ Indonesia manufactures high-grade Elaeis guineensis fruit extracts for global cosmetics export using steam distillation, offering competitive pricing due to proximity to raw materials in the world’s largest palm producer.

Sustainability Initiatives:

• ISPO certification for all operations

• Reforestation programs to offset land use

• Local employment and skill development

Download FREE Sample Report: Elaeis Guineensis (Palm) Fruit Extract Market – View in Detailed Research Report

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2️⃣ 9. PT Global Interinti

Headquarters: Medan, Indonesia
Key Offering: Specialty Palm Fruit Extracts for Nutraceuticals

PT Global Interinti focuses on bioactive Elaeis guineensis extracts for supplements, extracting carotenoids for eye health products through GMP-certified facilities and partnerships in Europe.

Sustainability Initiatives:

• No-burn policy in harvesting to prevent fires

• Biodiversity surveys and wildlife corridors

• Fair trade practices for indigenous suppliers

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1️⃣ 10. Mewah International Ltd.

Headquarters: Singapore
Key Offering: Palm Fruit Extract Blends for Food and Cosmetics

Mewah International leads with versatile Elaeis guineensis fruit extract blends for multinational food and beauty companies, utilizing refining expertise and sustainability integration like traceability apps.

Sustainability Initiatives:

• RSPO membership and supply chain transparency

• Energy-efficient extraction reducing fossil fuel use

• Philanthropic efforts in palm communities

Read Full Report: Elaeis Guineensis (Palm) Fruit Extract Market – View in Detailed Research Report

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🌍 Outlook: The Future of Elaeis Guineensis (Palm) Fruit Extract Is Sustainable and Versatile

The Elaeis guineensis palm fruit extract market is evolving rapidly, with investments in green extraction and certification pivotal for eco-friendly supply chains and novel formulations.

📈 Key Trends Shaping the Market:

• Rapid expansion of organic production in Asia-Pacific

• Mandatory sustainability certifications by 2030 in key regions

• Digital platforms for supply chain monitoring

• Cross-industry partnerships for innovative extract uses

Read Full Report: Elaeis Guineensis (Palm) Fruit Extract Market – View in Detailed Research Report

The companies profiled here are not only extracting from nature’s bounty—they’re pioneering a greener, more innovative era for palm-derived ingredients.