January 03, 2020
According to the research report titled ‘Industrial Margarine Market Size By Source (Plant, Animal), By Form (Hard Margarine, Soft Margarine), By Type (Butter Blend, All Purpose, Spreadable), By Application (Confectionery, Sauces, Spreads & Toppings, Bakery, Convenience), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Netherlands, Belgium, Russia, China, India, Japan, South Korea, Indonesia, Thailand, Australia, Brazil, UAE, Saudi Arabia, South Africa, Iran), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025’, available at MarketStudyReport.com, the global industrial margarine market is expected to cross USD 3.5 billion by the year 2025.
Surging demand for natural, additive free, light, and whole-wheat food, in tandem with rising adoption of healthy lifestyle are major factors driving the industrial margarine market growth. Changing eating habits and improving standards of living are compelling the food manufacturers to use low trans-fat butter alternatives, thereby aiding the expansion of the market. Moreover, introduction and adoption of mechanized baking techniques have enabled the production of innovative items with different shapes, sizes, and flavors, which is further amplifying the demand for margarine.
As per product type, butter blend industrial margarine segment was valued at USD 400 million in 2018 and is expected to register continuous growth during the forecast period. Butter blend is used extensively as an alternative to butter since it provides similar creaming properties and flavor. Rising usage in sautéing, frying, and grilling methods, along with inclusion in several bakery products is fueling the segmental growth.
Request sample copy of this Report@ https://www.marketstudyreport.com/request-a-sample/2276192/
Considering the geographical landscape, North America industrial margarine market is expected to grow by 3.5% during 2019-2025 and will be led by Mexico, U.S., and Canada. Rising adoption of unhealthy routine is causing lifestyle disorders such as diabetes, heart diseases, and strokes. Growing consumer awareness regarding healthy lifestyle, along with introduction of low trans-fat variants by manufacturers is contributing to the popularity of industrial margarine across the region.
The prominent companies operating in industrial margarine market are S.A Aigremont N.V, Sime Darby Oils, Royal Lacroix, NMGK Group, Adeka Foods, Gagar Foods, Marinfood, Fuji Oil Co. Ltd., Wilmar International, and Currimjee Group among others.
Frequently Asked Questions (FAQ) :