A versatile raw material, palm oil is semi-solid at room temperature. Approximately half of the oils on supermarket shelves are palm oil. While palm oil is often used in many countries for frying, it is also used for many industrial applications as well. Since it can be processed and blended in a variety of ways, this oil has a lot of potential uses. It is highly demanded in industries, like energy, pharmaceutical, food service, personal care and cosmetics.