Global Shortenings Market - Market Size, Share & Industry Trends, Growth Analysis Report By Product Type, By Application and Forecast 2019 - 2025


DescriptionTable of ContentList of TablesList of Figures
Introduction
Shortenings Market was valued at USD XX Billion in 2019 and is projected to reach USD XX billion by 2025, at a CAGR of XX% from 2020-2025. Due to increase in consumption of bakery and process food, changing food habits of consumers Shortening market are on a rise. Additionally, the shift of consumer lifestyle and food habits are also major driving factors for the Shortenings Market.
On the other hand, concerns regarding health benefits and lack of nutrition, are some of the restraining factor this Market.
Geographical Overview
At a global level, the Asia Pacific region was holding the highest market share in 2018.It will continue considered the fastest-growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. China and India are offering ample opportunities for the growth of Shortenings Market with its high population base. Key factors such as changing eating habits, fast lifestyle, growing population, growing purchasing power and adoption of process food are driving Market in the Asia Pacific region.
Segmental Overview
Shortenings Market is segmented as per below specifications -
By Source:
• Vegetables
• Animal
By Ingredient:
• Oil
• Butter
• Tallow
• Lard
• Others
By Process:
• Fractionation
• Hydrogenation
• Edible Oil Production Process
• Interesterification
By Variant:
• Solid
• Liquid
• All-Purpose
• Emulsified
• Cake/Icing
• Other
By Application:
• Bakery
• Confectionary
• Snacks & Savory
• Dairy
• Frying
• Other Application
Competitor Analysis
Shortenings Market has presence of some of the key major players across globe which includes
• Cargill
• Archer Daniels Midland company
• Manildra Group
• Conagra Brands
• Wilmar International Ltd
• IFFCO Ingredient
• Ventura Foods
• AAK
• The J.M. Smucker Company
• Associated British Foods PLC
• Fuji Oil Co., Ltd.
• Nutiva Inc.
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Shortenings Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations