A shortening is known to be fat, which is solid at room temperature and can be used to provide food products with a crisp and crumbly texture, such as pastry. Examples of fat used as shorteners include margarine, butter, vegetable oils, and lard.
MARKET DYNAMICS
The shortening fat market has witnessed a significant growth owing to the expanion of the processed food industry. Moreover, the increasing application in the bakery sector is estimated to boost the shortening fat market in the coming years. Increasing demand from the European region provides a huge market opportunity for the key players operating in the shortening fat market.
MARKET SCOPE
The "Global Shortening Fat 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 Shortening fat market with detailed market segmentation by source, applications, and geography. The global shortening fat market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Shortening fat market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global shortening fat market is segmented on the basis of source and applications. On the basis of source, the shortening fat market is segmented into soybeans, rapeseeds, sunflower seed, coconut, and others. On the basis of applications, the global shortening fat is segmented into confectionary, ice cream, snacks, bakery, and 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 Shortening fat 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 Shortening fat 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 Shortening fat 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 Shortening fat market in these regions.
MARKET PLAYERS
The reports cover key developments in the Shortening fat 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 Shortening fat market are anticipated to lucrative growth opportunities in the future with the rising demand for Shortening fat in the global market. Below mentioned is the list of few companies engaged in the Shortening fat market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Shortening fat 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.
- BRF
- Bunge
- ConAgra
- Fuji Oil
- Grupo Lala
- NMGK Group
- Unilever
- Wilmar-International
- Yidiz Holding
- Zydus Cadila
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.