Palm oil is in greatest demand in West Africa, where it is used in almost every home for cooking and few other purposes. But in spite of this, the region produces less than 5% of the palm oil produced worldwide. Malaysia and Indonesia are the world’s largest producers and exporters of the commodity.
And West Africa is one of their biggest export markets because countries in the region are not producing enough palm oil to meet the demands of their local markets.
Palm oil is a red viscous oil extracted from the outer covering of the palm kernel fruit. It has its origin in West Africa and has been produced and consumed in the region for centuries. It didn’t become popular in Malaysia, Indonesia, and few other countries in the Far East until a couple a decade back.
Why do many people prefer palm oil to other oils?
Palm oil has long shelf life when compared to other edible oils. With good storage facilities in place, palm oil can be stored for up to one year without its quality dwindling down.
Palm oil is a very good source of Vitamin E, which promotes skin health and improves its immunity to infections. It also enhances vision and prevents eye-related diseases.
Palm oil is totally free of cholesterol and low-density lipoproteins.
Palm oil is relatively cheap when compared to other edible oils.
palm oil is used for a number of industrial purposes such as in the production of ice cream, margarine, creams, soaps, vitamin supplements, and so on.
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