Industrial Margarine Market Share, Size, and Outlook by 2027
Industrial Margarine Market: Strategic Insights
Industrial Margarine Market
-
CAGR (2018 - 2027)3.4% -
Market Size 2018
US$ 2.48 Billion -
Market Size 2027
US$ 3.33 Billion
Market Dynamics
GROWTH DRIVERS
- Growing demand for processed and convenience foods
- Shift towards plant-based and healthier fat alternatives
FUTURE TRENDS
- Growth in demand for spreadable and soft margarine products
- Emergence of butter blends and alternative fat products
OPPORTUNITIES
- Increased focus on reducing trans fats in margarine formulations
- Growth in demand for clean-label margarine products
Key Players
- Bunge Limited
- Associated British Foods plc
- Conagra Brands Inc
- EFKO Group
- Fuji Oil Europe
- NMGK Group
- Puratos
- Richardson International Limited
- Vandemoortele
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Application
- Bakery
- Spreads Sauces and Toppings
- Confectionery
- Convenience Food
Type
- Spreadable Margarine
- All-Purpose Industrial Margarine
- Butter Blend
Source
- Animal Source
- Plant Source
Form
- Hard Industrial Margarine
- Soft Industrial Margarine