Frying shortening is fat used in catering, and is a vegetable-based product less inflammable, and is majorly used in frying of baked products. Owing to its texture enhancing quality, frying shortening is used in baked various products such as in pastries, biscuits, cakes, and oatmeal cookies on a large scale to serve a better quality product.
MARKET DYNAMICS
The frying shortening market has witnessed a significant growth owing to the increasing consumer spending on health beneficial products. Moreover, the increasing awareness of frying shortening is estimated to boost the frying shortening market in the coming years. Increasing demand from the developing nations provides a huge market opportunity for the key players operating in the frying shortening market.
MARKET SCOPE
The "Global Frying 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 frying shortening market with detailed market segmentation by nature, form, source, application, end users, and geography. The global frying shortening market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading frying shortening market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global frying shortening market is segmented on the basis of nature, form, source, application, and end users. On the basis of nature, the frying shortening market is segmented into organic and conventional. On the basis of form, frying shortening market is segmented into blocks and powder. Based on source, the global frying shortening market is segmented into palm, soyabean, sunflower, and others. Based on form, the global frying shortening market is segmented into liquid and powder. Based on end users, the global frying shortening market is divided into confectionary industry, bakery products, dairy products, others.
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 Frying 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 Frying 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 Frying 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 Frying shortening market in these regions.
MARKET PLAYERS
The reports cover key developments in the Frying shortening market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic 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 Frying shortening market are anticipated to lucrative growth opportunities in the future with the rising demand for Frying shortening in the global market. Below mentioned is the list of few companies engaged in the Frying shortening market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Frying 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 Inc.
Carotino Sdn Bhd
Hangzhou Dingyi International Foodstuff Co., Ltd.
Natu'oil Services Inc.
Roberts Manufacturing Co., AAK AB
The J. M. Smucker Company
Ventura Foods, LLC
Wilmar International Ltd.
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.