Margarine is a fatty solid food that is used as a cooking substitute. It is made from a mixture of fats and oils, usually hydrogenated vegetable oil and water. Traditionally, margarine was obtained from fat sources like pork, beef and dairy. Today, it is a plant-based product that contains less saturated fats. There are many different types of margarines available in the market. Each type has a different set of health benefits. Most contain good fats that help to reduce bad cholesterol levels. Depending on the type of brand, there may be added ingredients for heart health. Some margarines are made with dairy products, such as lactose or whey, while others use soybean or canola oil. Several companies also offer trans-fat-free products.
Market Dynamics:
Increasing health concerns among consumers are driving market of low-fat food products. Moreover, young people are becoming more aware of the health benefits of a balanced diet. These factors are fueling growth of the margarine market. Moreover, the growing health consciousness of the consumers is also contributing to the revenue generation of the industrial margarine market. Furthermore, expanding bakery sector is further propelling market growth.
However, stringent international regulations are a major constraining factor for the industrial margarine market.
Key features of the study:
- This report provides in-depth analysis of the global margarine market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global margarine market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Royale Lacroix, Bunge Limited, Conagra Brands Inc., Wilmar International, Puratos NV, Associated British Foods, Land O'Lakes Inc., Upfield Holdings BV, NMGK Group, Vandemoortele, Remia CV, Richardson International Limited, BRF SA, and Fuji Oil Holdings Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global margarine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global margarine market
Detailed Segmentation:
- Global Margarine Market, By Product Type:
- Global Margarine Market, By End User:
- Global Margarine Market, By Geography:
- North America
- Europe
- Middle East & Africa
- Asia Pacific
- Latin America
- Company Profiles
- Royale Lacroix
- Bunge Limited
- Conagra Brands Inc.
- Wilmar International
- Puratos NV
- Associated British Foods
- Land O'Lakes Inc.
- Upfield Holdings BV
- NMGK Group
- Vandemoortele
- Remia CV
- Richardson International Limited
- BRF SA
- Fuji Oil Holdings Inc.