Food & Beverages / Margarine Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players Unilever, Bunge, NMGK Group, ConAgra, Zydus Cadila
Margarine Market - Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players Unilever, Bunge, NMGK Group, ConAgra, Zydus Cadila
Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Margarine Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 2.86% during the review period (2022 to 2027).
Margarine Market Overview
The growing awareness about the benefits of vegetarian and vegan diets is anticipated to boost the industrial margarine demand in the forthcoming years. The changing preferences for plant-based foods in recent years have been a contributing factor to the growth of the global industrial margarine market. The key companies are focused on launching innovative plant-based margarine in the market to fulfill the growing consumer demands. For instance, in January 2018, Unilever launched a new range of Becel Vegan margarine flavors, that are 100% plant-based margarine.
Margarine adds organoleptic characteristics in the food products and is highly potential in increasing the shelf life of the food, which is projected to drive the growth of the industrial margarine market. The growing consumer enthusiasm towards adopting a healthy lifestyle and growing demand for low-fat or fat-free and natural baked food products is expected to stimulate the growth of the industrial margarine market. The rising adoption of low-calorie baked food products owing to improve the healthy snacking habits has influenced manufacturers to use a low trans-fat substitute for butter is expected to drive the global industrial margarine market.
Who are the Major Players in Margarine Market?
Top Key players in the Margarine Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes Unilever, Bunge, NMGK Group, ConAgra, Zydus Cadila, Wilmar-International, Fuji Oil, BRF, Yildiz Holding, Grupo Lala, NamChow, Sunnyfoods, Cargill, COFCO, Uni-President, Mengniu Group, Yili Group, Brightdairy, Dairy Crest,
Bunge Loders Croklaan (BLC) advances the industrial and artisanal baking sector with its novel, sustainable shea-based margarine, ideal for baked items such as croissants and Danish pastries. The non-hydrogenated, clean-label margarine has no added coloring or preservatives and delivers high functionality and baking performance with superior handling and allows for better total nutritional value. BLC will introduce the new product at this year’s Food Ingredients Europe show in Paris, 3-5 December, 2019, booth #6E60.
What are the major Applications, Types and Regions for MargarineMarket?
By Type, it is segmented into
Special Type
Universal Type
Others
By Applications
Household
Food Industrial
Others
Margarine Market Regional Analysis
North America is expected to witness considerable growth in the global industrial margarine market owing to the presence of a well-established food processing industry that uses margarine in the preparation of several food products. The rise in the number of margarine products launched by margarine manufacturers such as additive-free, fat-free, low-fat, and fortified margarine is expected to drive the global industrial market in North America. For instance, in September 2018, Bunge Loders Croklaan, a prominent vegetable oil manufacturer in Europe launched a new, plant-based clean label liquid margarine called Delica Pro Gold. Moreover, the growing busy lifestyle problems as obesity, diabetes, cancer, hypertension, and others are owing to the excessive application of dairy-based fats gravitating consumers to healthy replacement of dairy-based fats.
All these factors greatly affect the Margarine Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Margarine Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Margarine Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Margarine Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 2.86 % during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Healthcare IT Report
Evaluate Margarine Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Margarine Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Margarine Market is studied from 2017 - 2027.
What is the growth rate of Margarine Market?
The Margarine Market is growing at a CAGR of 2.86% over the next 5 years.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
