8 Most Consumed Edible Oils In The World

5. Palm Kernel Oil 

Latest Annual Consumption: 8.013 million metric tons 

Palm kernel oil owns a major percentage of the global edible oil market, currently valued at $47.74 billion. Notably, it is distinct from palm oil as it comes from the kernel or seed of the fruit of the oil palm tree. Indonesia and Malaysia are synonymous with palm kernel oil production as they are the epicenter of the palm industry. This oil also has extensive use in confectioneries, baked goods, and, notably, in non-food applications like personal care products.