DAIRY FREE SHORTENING MARKET ANALYSIS

Dairy Free Shortening Market, By Product Type (Beverages, Milk, Dairy-free Kefir, and Bakery Products ), By Application (Household and Commercial), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published In : Sep 2023
Code : CMI5114
Pages :90
Formats :
Excel and PDF
Industry : Food Ingredients

Dairy Free Shortening MarketSize and Trends

The global dairy free shortening market was valued at US$ 22.6 Bn in 2022, and is expected to exhibit a CAGR of 6.8%, in terms of revenue, over the forecast period (2023-2030) to reach US$ 35.8 Bn by 2030.

Market Trends

Growing popularity for plant-based diets

In recent years, there has been a significant increase in the number of people adopting plant-based diets such as coconut milk, almond milk, etc., resulting in an increase in the demand for dairy free shortening products