According to the report, global demand for the industrial margarine market was valued at nearly USD 2.70 Billion in 2018 and is expected to generate revenue of around USD 3.5 Billion by end of 2025, growing at a CAGR of over 4% between 2019 and 2025.
Industrial Margarine Market
The global industrial margarine market revenue was estimated at nearly 2.70 (USD Billion) in 2018 and is expected to be assessed at around 3.5 (USD Billion) by end of 2025 at a cumulative growth rate of over 4%. The report industrial margarine market encompasses market assessment and analysis on both the global as well as regional level. The research report offers an in-depth market valuation, business competition, opportunities, sales forecasts, and industry-validated market data. The report offers historical data from 2016 to 2018 and a forecast from 2019 to 2025 based on earnings (USD Billion).
We also offer accurate market attractiveness analysis and help the customer in gaining insights into the industrial margarine market during the period from 2019 to 2025. Our study comprises of competitive strategies adopted by the key industry players based on the framework provided by the Porter’s Five Forces Model influencing the market. The report also includes the BCG matrix or growth-share matrix of some of the industry players. Additionally, our analysts also provide a perceptual map displaying the competitiveness of brands.
The industrial margarine market is sectored into segments including source, type, form, and application. Based on the Source, the industrial margarine industry is sectored into plant and animal. Form-wise, the market is segmented into hard margarine and soft margarine. On the basis of type, the industrial margarine market is divided into butter blend, all-purpose, and spreadable.
Application-wise, the industry is divided into spreads & toppings, confectionery, convenience, bakery, and sauces. Additionally, bakery segment is anticipated to dominate the application landscape over 2019-2025 due to high demand for industrial margarine in bakery items production.
Region-wise, the market is sectored into North America, Europe, The Middle East and Africa, Asia Pacific, and Latin America. Apparently, North American market is expected to lead the regional market growth over forecast period due to high presence of reputed players in the region along with massive demand for low-fat food items in the countries like the U.S.
The report includes PESTEL analysis and SWOT analysis that assists in the evaluation of the factors that influence the performance of each industry participant in the present scenario and over the forecast period. It also provides an insight into the competitive moves adopted by the key market players to gain a competitive advantage.
Details of the Report:
2016 and 2017
By Source, By Form, By Type, By Application, and By Region
North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa
Rapidly changing consumer food preferences and escalating demand for packaged food is anticipated to steer the growth of the industrial margarine market over the forecast timeframe. Apart from this, the lucrative application of the product in pastries, cakes, sweet rolls, puffs, croissants, sweet rolls, and biscuits is anticipated to prompt the market trends. Apparently, the humungous popularity of low-fat food items prepared in low-fat oil such as margarine will further enlarge the business scope over the forecast timeline.
The key players that are predicted to favorably influence the industrial margarine industry and profiled in the report include Vandemoortele, Currimjee Group, Wilmar International Limited, Fuji Oil Co. Ltd, Kaneka Corporation, EFKO Group, Marinfood, Gagar Foods, Adeka Foods, NMGK Group, Royal Lacroix, Sime Darby Oils S.A., Aigremont N.V., Bunge Limited, Conagra Brands, Inc., Puratos, and Richardson International Limited.
This report segments the industrial margarine market as follows:
Global Industrial Margarine Market: By Source Segment Analysis
Global Industrial Margarine Market: By Type Segment Analysis
Global Industrial Margarine Market: By Form Segment Analysis
Global Industrial Margarine Market: By Application Segment Analysis
Spreads & Toppings
Global Industrial Margarine Market: By Regional Segment Analysis
Middle East and Africa