
The global palm oil industry was worth $62 billion in 2016. Pictured, palm kernels, which can be used to make the oil.

As the most used vegetable oil on the planet, palm oil can be found in many everyday items, from cleaning products to foodstuffs and cosmetics. In lipstick, it holds color well, doesn't melt at high temperatures, and has a smooth application and virtually no taste. Palm oil is common in many other cosmetics.

In soap, palm oil is used for its ability to remove oil and dirt from hair and skin as well to moisturize. In shampoos, palm oil is used as a conditioning agent to help restore natural oils in hair.

Packaged bread often uses palm oil as it's sold at room temperature, easy to bake with and inexpensive.

Palm oil is refined to create detergents, washing powder and other cleaning products.

Used in margarine, palm oil is solid at room temperature and free of trans fats.

Baked goods, such as cookies, are given a creamy taste and texture thanks to palm oil.

Palm oil is used in some ice creams to help make it creamy and smooth.

In certain chocolates, palm oil is used to help create a smooth and shiny appearance and keep it from melting.

Palm oil is often added to frozen and fresh pizza dough to stop it from sticking together and to help enhance its texture.