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Orangutang Rejoice As Sustainable Bio Equivalent For Palm Oil Becomes Real

British start-up Clean Food Group is near release of a sustainable bio equivalent for palm oil, aiming to address the environmental concerns associated with the widely-used ingredient.

Palm oil continues to face widespread criticism due to its connection with deforestation and the degradation of Orangutang habitat and carbon-intensive practices. Despite this, the global palm oil market remains lucrative, with a valuation of $50.6 billion in 2021, projected to reach $65.5 billion by 2027.

Fortunately though land clearing for plantations especially in South-East Asia has slowed down with the Malaysian Government slapping a moratorium on any clearing at all in that state.