The palm oil industry involves the cultivation and processing of the oil palm tree, primarily for its fruit, which is used to produce palm oil. This oil is widely used in food products, cosmetics, and biofuels due to its versatility and low cost. Major producers include countries like Indonesia and Malaysia, which together account for over 80% of global production. However, the industry has faced criticism for its environmental impact, including deforestation and habitat destruction, particularly in tropical regions. Efforts are being made to promote sustainable practices through initiatives like the Roundtable on Sustainable Palm Oil (RSPO), which aims to reduce the negative effects of palm oil production.