Palm Oil Extraction Industry Thrives in Guatemala, an Industrial Info Market Brief

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Palm oil production in Guatemala is becoming one of the most dynamic sectors in the country. The industry has doubled its production volume in the last decade.

Furthermore, Guatemala has become the second palm oil producer in Latin America. Nowadays, companies like Grupo Hame-Olmeca, Palmas del Ixcan LTDA, Industrias Chiquibul SA and Tiki Industrias SA are implementing more sustainable technologies to produce palm oil.

The industry is expected to increase its total production by 30% in the next five years.