Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on
industrial margarine market provides an in-depth analysis of segments and
sub-segments in the global as well as regional industrial margarine market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional industrial margarine market over the short term as
well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of global industrial margarine market. According to
the report, the global industrial margarine market is projected to grow at a
CAGR of 4.3% over the forecast period of 2019-2025.
Margarine is a non-dairy product, used for several purposes in the
food processing industry. It has numerous applications in the food processing
industry such as cooking, flavoring, and baking. After the invention of the
margarine in 1869 in France by Hippolyte Mège-Mouriès, for armed personnel and
poor people as a cheaper substitute of butter, its application is growing day
by day in several industrial applications in the food processing industry. It
is prepared from the vegetable oil and animal fat. The continuous growing trend
to avoid dairy-based products is helping to grow the demand for margarine based
products. Additionally, the growing lifestyle problem as cancer, hypertension,
heart disease and obesity owing to the excessive application of the butter and dairy
fat-based products, is curtailing the consumer's love with the dairy-based
butter and fat based products. Simultaneously, the consumers are gravitating
toward the use of margarine as a substitute for the butter and other
dairy-based fat products. Further, owing to its pro-health benefits it is
considered as healthy replacement of the butter.
The growing demand for the substitute of the dairy-based fat
products are helping to grow the demand of the margarine products around the
world. Further, the growing consumer awareness about the side effects of the
excessive application of the dairy-based fats is motivating the consumer to
demand the different type of margarine based product. Simultaneously, the
growing demand for a different type of bakery foods, processed food, and
convenience, which needs a large amount of fat like products for cooking,
baking and flavoring purpose is expected to boost the demand in the near
future.
Geographically, the industrial margarine market is segmented into
four regions, namely North America, Europe, the Asia-Pacific, and RoW. North
America is the largest player of the industrial margarine market, owing to the
presence of the several food processing companies, who use a large amount of
the margarine product in the production of different type of end-use food
products. Additionally, the presence of a large number of consumer groups who
are fond of the different type of margarine based food products is helping to
grow this market in North America. Europe is the second-largest market of the
industrial margarine based food products, after North America. The Asia-Pacific
industrial margarine market is expected to grow at the highest CAGR during the
forecast period, owing to the growing demand of the different type of processed
food product among the young and middle-class consumers in this region.
The report on global industrial margarine market covers segments
such as application, type, source, and form. On the basis of application, the
sub-markets include bakery, spreads, sauces, and toppings, confectionery,
convenience food, and other applications. On the basis of type, the sub-markets
include spreadable margarine, all-purpose industrial margarine, and butter
blend. On the basis of source, the sub-markets include animal source, and plant
source. On the basis of form, the sub-markets include hard industrial
margarine, and soft industrial margarine.
The report provides profiles of the companies in the market such
as s.a. Aigremont n.v., Richardson International Limited, Royale Lacroix SA,
EFKO Management Company, NMGK Group of Companies, Vandemoortele, Fuji
Oil Co., Ltd., Associated British Foods plc, Wilmar International Limited,
and Puratos.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of industrial margarine market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
Please Choose One of them.