Palm Oil Importance

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2.2 Oil Palm Facts and Use Palm oil that deserves attention due to its high concentrations of saturated fat and phenomenal nutrient profile: Palm oil is extracted from two types of oil palm fruit: Elaeis guineensis, which is common in African regions, and Elaeis oleifera, which is found in South America. Historical accounts suggest that palm oil was a part of the diet of indigenous populations. At present, it has become the second most traded oil crop in the world, after soya, with Malaysia and Indonesia as its main producers. Palm oil is not to be confused with palm kernel oil. Both are obtained from the fruit, but the latter is derived from the seeds of the oil palm. Palm kernel oil has a higher amount of saturated fat, which makes it ideal…show more content…
2.3 Economic Importance of Palm oil The oil palm (Elaeis Guineensis) has ancient roots. Oil from this attractive palm, which grows wild in West Africa and Equatorial Africa, has been used as a food and energy source for millennia. Palm oil, a fruit-oil, since over 5,000 years has been used in food preparations. Today it is consumed worldwide as a cooking oil, margarine and shortening. It is also used as an ingredient in many fat blends and in a vast array of food products. Nature has been generous in endowing palm oil with a balanced fat composition, between its saturated and unsaturated fatty acids. Palm oil is also said to beckon on its users by its price and technical superiority among multitude of edible oil applications due to its availability all year round (Ugwu, 2009). Palm oil, a well-balanced healthy edible oil is now an important energy source for mankind. Today it is widely acknowledged as a versatile and nutritious vegetable oil, trans fat free with a rich content of vitamins and antioxidants. The commercially grown oil palm planted in large plantations in Malaysia, Indonesia and other tropical countries within10˚ N and S of the equator, is the highest oil bearing crop in the world. It has

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