As per the prediction of a manager with one of the most popular food companies in Australia the food industry will gradually play a key role in phasing out palm oil just like the building industry phased out asbestos.

Palm oil is frequently used in the production of snacks, frozen foods and bread spreads since it is a cheap alternative which is very high in saturated fat. It is also disguised as ‘vegetable oil’ by food companies on labels.

Some prominent brands use this oil for their products like Nutella, Kraft peanut butter and chips by Smith’s. This oil has recently become a controversial product which is being used in foods because of its high saturated fat content. The palm oil plantations also have several other harmful effects on the environment.

The business manager of Dick Smith Foods, Paul Grundy said that his company is among those who have asked this ingredient to be removed from all the spreads after customers have expressed their concern about this ingredient.

He said, “Asbestos was used in building materials 50 years ago and today it is not, because they [the manufacturers] recognized the hazards with it. The same happens in food products: ingredients change over time, based upon more a more enlightened view of the world.”