Palm Nuts are an irresistible, nutritious and sweet tasting natural food. they provide good levels of vitamin E (which enhances the immune system) and magnesium (which aids in nutrient delivery). Palm Nuts should be stored frozen. The palm nut is that the edible seed of the feather palm fruit. The fruit yields two distinct oils: vegetable oil derived from the outer parts of the fruit, and palm nut oil derived from the kernel. palm nut cake is most ordinarily produced by economical screw press, less frequently via more expensive solvent extraction. palm nut cake may be a high-Fibre, medium-grade protein feed best suited to ruminants. Among other similar fodders, palm nut cake is ranked a touch above copra cake and cocoa pod husk, but less than organic and groundnut cake, especially in its protein value. Composed of 16% fiber, palm nut cake also features a high phosphorus-to-calcium ratio and contains such essential elements as magnesium, iron and zinc. the standard ration formulated for the feeding of dairy cow consists of palm nut cake (50%), molasses (5%), grass/hay (42%), limestone (1.5%), mineral premix (1%) and salt (0.5%) and trace element/vitamin premix.
India is one of the major producers and consumers of vegetable oils. India accounts for 12-15% of the area under oilseeds and 6-7% of the production of vegetable oil in the world. Despite annual production of about 27.00million tonnes of oilseeds in the country, the availability of edible oil is insufficient to meet the domestic demand. The gap in demand and supply of edible oil is met through imports. Palm oil market size in India was valued at USD 5.16 billion in 2015.India palm oil market size is anticipated to reach USD 13.1 billion by 2025, at a CAGR of 15.4%. Increasing demand for edible oils owing to the burgeoning population and improving economic conditions is anticipated to remain the key growth driving factor over the forecast period.
The industry in India presents massive potential for growth since the government has allowed 100% FDI in plantation and has also pledged huge financial aid to farmers in upcoming years. This development is likely to encourage domestic cultivation landscape and generate greater profit margins and opportunities for companies. The Indian edible oil industry is highly fragmented owing to the presence of a large number of organized as well as local and unorganized players. The country is also world’s third-largest consumer and largest importer from Malaysia and Indonesia. Government’s initiatives towards the installation of advanced plant machinery and automation are expected to foster sustainable production in the near future. This facilitates the development of new technologies and ensures a high quality product.
Few Indian major players are as under
3 F Industries Ltd.
Adani Wilmar Ltd.
Budge Budge Refineries Ltd.
Bunge India Pvt. Ltd.
Cargill India Pvt. Ltd.
Edible Products (India) Ltd.
Gokul Agro Resources Ltd.