MARKET INTRODUCTION
An emulsifier is known as a type of food additive that is utilized in the food product & beverages to combine different liquids with different thickness present in any food product. Emulsifiers are further used in sauces, dressings, bakery, dairy products, and other food & beverages. Shortenings are called a type of fat that is solid when kept at room temperature and is employed mainly to make pastries and other food products. Shortenings are prepared from various fats such as animal fat, vegetable fat, and plant fat. Initially, shortenings were also utilized in soap manufacturing then later; it was used in food products, including dairy products, baked goods, and other food products. Shortening is further used in beverages for its emulsifying properties. Emulsified shortenings are again called a high ratio of shortening or icing shortening. Emulsified shortenings are mostly used to absorb a higher quantity of liquid also sugar when compared to any regular vegetable or animal-derived shortenings. These emulsified shortenings help give a smooth as well as fine texture to the cakes while retaining the moisture content and also keeps the icing even more stable.
MARKET DYNAMICS
The emulsified shortening market has witnessed significant growth owing to factors such as wider end-use in bakery & confectionary, sweet spreads, dairy products, and desserts & ice cream. These emulsified shortenings are spreads easily in the batter and help coat flour and sugar particles rapidly. Emulsified shortenings are majorly used when the baked product requires more sugar taste. Emulsified shortenings help improve the consistency of the cake and the icing and help retain the moisture content. Owing to these benefits offered by emulsified shortening, it is widely utilized by food processing companies, bakers, and consumers. This is further influencing the market growth for the studied market globally. Also, major market players offering innovative products for the food processing industry is again contributing to this market. However, various food laws and regulations may hamper the growth of the emulsified shortening market. Nevertheless, with the steady growth in the food processing industry and food ingredient industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Emulsified Shortening Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the emulsified shortening market with detailed market segmentation by source, function, end-use, and geography. The global emulsified shortening market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading emulsified shortening market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global emulsified shortening market is segmented on the basis of source, function, and end-use. On the basis of source, the emulsified shortening market is segmented into plant based and animal based. The emulsified shortening market on the basis of the function is classified into texturizer and emulsifier. On the basis of end-use, global emulsified shortening market is bifurcated into bakery & confectionary, sweet spreads, dairy products, and desserts & ice cream.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global emulsified shortening market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The emulsified shortening market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the emulsified shortening market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the emulsified shortening market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global emulsified shortening market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from emulsified shortening market are anticipated to lucrative growth opportunities in the future with the rising demand for emulsified shortening in the global market. Below mentioned is the list of few companies engaged in the emulsified shortening market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the emulsified shortening market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Archer Daniels Midland Company
- Bunge Limited
- Cargill Incorporated
- Dupont Nutrition & Health
- Global Agri Trade Corp
- Ivanhoe Industries, Inc.
- Lonza
- Mallet & Company, Inc
- P and G Chemicals
- Schou Foundation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.