How big is the EFB Market | Growth Trends & Future Scope 2025

Q: How big is the EFB market size?

The EFB market is projected at approximately USD 2.4 billion by 2031.

Q: What is the CAGR of the EFB market during the forecast period?

The EFB market is expected to grow at a CAGR of 11.5% during the forecast period.

Q: What challenges does the EFB market face?

Among the challenges to effective utilization are logistics, high moisture content, and processing expenses.

Q: Which region dominates the EFB market supply?

Southeast Asia, particularly Indonesia and Malaysia, leads in EFB production due to large palm oil industries.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5873

Publication Date: Jul 2025

How big is the EFB market?

According to 6Wresearch internal database and industry insights, the Empty Fruit Bunch (EFB) market was valued at approximately USD 1.1 billion in 2024 and is projected to reach USD 2.4 billion by 2031, growing at a CAGR of 11.5% during the forecast period.

This growth is driven by the increasing demand for sustainable biomass, expanding applications of EFB in bioenergy, pulp and paper, and organic fertilizer industries. Rising concerns over palm oil waste utilization and government initiatives promoting renewable energy and agricultural waste valorization are further accelerating market development.

Key Growth Factors of the EFB Market

Rising demand for biomass-based renewable energy sources
Increasing focus on sustainable waste management in palm oil production
Government support for green energy and circular economy practices
Expanding applications in pulp and paper, particleboard, and compost
Cost-effectiveness of EFB as a raw material compared to traditional alternatives
Growth in palm oil output, especially in Southeast Asian countries

EFB Market Trends

The EFB market is witnessing a shift toward high-value applications such as bio-pellets, biochar, and eco-friendly packaging materials. EFB fiber is gaining popularity in construction composites and molded products. There is also growing interest in EFB-based soil conditioners in sustainable agriculture. While Southeast Asia dominates supply, demand is expanding worldwide due to increased focus on decarbonization and circular economy models.

Emerging Developments in the EFB Market

Technological advances in torrefaction and pelletizing are improving the energy density of EFB for biomass fuel. Research into EFB-derived bioplastics and biodegradable packaging is gaining traction. Manufacturers are also automating EFB processing for consistent quality and exploring integration with carbon credit platforms. Export of processed EFB materials is increasing as demand for green materials rises.