#Vegan Margarine Market Players

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Vegan Margarine Market: Insights and Forecast to 2031 | Market Strides

Vegan Margarine Market

The latest study released on the Global Vegan Margarine Market by Market Strides, Research evaluates market size, trend, and forecast to 2032. The Vegan Margarine Market consider covers noteworthy inquire about information and proofs to be a convenient asset record for directors, investigators, industry specialists and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, openings and up and coming challenges and approximately the competitors.

Some of the key players profiled in the study are:

Unilever

Bunge

NMGK Group

ConAgra

Zydus Cadila

Wilmar-International

Fuji Oil

BRF

Yildiz Holding

Grupo Lala

NamChow

Sunnyfoods

Cargill

COFCO

Uni-President

Mengniu Group

Yili Group

Brightdairy

Dairy Crest

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Scope of the Report of Vegan Margarine Market :

The report also covers several important factors including strategic developments, government regulations, market analysis, and the profiles of end users and target audiences. Additionally, it examines the distribution network, branding strategies, product portfolios, market share, potential threats and barriers, growth drivers, and the latest industry trends.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Affect and Economic Slowdown globally. Keep up a competitive edge by measuring up with accessible commerce opportunity in Vegan Margarine Market different portions and developing territory.

The titled segments and sub-section of the market are illuminated below:

By Type

Special Type

Universal Type

By Application

Food Industry

Household

Get Detailed@ https://marketstrides.com/report/vegan-margarine-market

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

 • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

• North America (United States, Mexico & Canada)

• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report:

•To carefully analyze and forecast the size of the Vegan Margarine Market by value and volume.

• To estimate the market shares of major segments of the Vegan Margarine Market

• To showcase the development of the Vegan Margarine Market in different parts of the world.

• To analyze and study micro-markets in terms of their contributions to the Vegan Margarine Market, their prospects, and individual growth trends.

• To offer precise and useful details about factors affecting the growth of the Vegan Margarine Market

• To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Vegan Margarine Market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Key questions answered:

• How feasible is Vegan Margarine Market for long-term investment?

• What are influencing factors driving the demand for Vegan Margarine Market near future?

• What is the impact analysis of various factors in the Global Vegan Margarine Market growth?

• What are the recent trends in the regional market and how successful they are?

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The market research report on the Global Vegan Margarine Market has been thoughtfully compiled by examining a range of factors that influence its growth, including environmental, economic, social, technological, and political conditions across different regions. A detailed analysis of data related to revenue, production, and manufacturers provides a comprehensive view of the global landscape of the Vegan Margarine Market. This information will be valuable for both established companies and newcomers, helping them assess the investment opportunities in this growing market.

Region Included are: Global, North America, Europe, APAC, South America, Middle East & Africa, LATAM.

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

At long last, Vegan Margarine Market is a important source of direction for people and companies.

Thanks for reading this article; you can also get region wise report version like Global, North America, Europe, APAC, South America, Middle East & Africa, LAMEA) and Forecasts, 2024-2032

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Market Strides, a leading strategic market research firm, makes a difference businesses unquestionably explore their strategic challenges, promoting informed decisions for economical development. We give comprehensive syndicated reports and customized consulting services. Our bits of knowledge a clear understanding of the ever-changing dynamics of the global demand-supply gap across various markets.

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The Specialty Fats and Oils Market is projected to grow from USD 4195 million in 2024 to an estimated USD 6486.991 million by 2032, with a compound annual growth rate (CAGR) of 5.6% from 2024 to 2032.The specialty fats and oils market has seen significant growth in recent years, driven by demand for unique, functional ingredients across food, cosmetics, and other industries. These products play a vital role in creating specific textures, flavors, and nutritional profiles. Specialty fats include cocoa butter alternatives, fractionated fats, and other non-standard fat products, while specialty oils comprise a wide range, including avocado, palm, and olive oils. With rising health consciousness and growing applications across sectors, the specialty fats and oils market continues to expand at an impressive rate.

Browse the full report https://www.credenceresearch.com/report/specialty-fats-and-oils-market

Market Dynamics and Key Drivers

1. Health and Wellness Trends: Consumers today are more health-conscious, seeking alternatives to traditional fats and oils that may offer nutritional benefits, including healthy fatty acids, antioxidants, and anti-inflammatory properties. Specialty oils, like olive and avocado oils, are perceived as healthier due to their unsaturated fat content, which supports cardiovascular health. Additionally, certain specialty fats are used as healthier alternatives to trans fats, which have been widely banned.

2. Growing Demand in the Food and Beverage Sector: Specialty fats and oils are indispensable in the food and beverage industry, where they are used in applications such as bakery, confectionery, and dairy. Cocoa butter alternatives, for instance, are used in chocolate production to reduce costs without compromising taste and texture. Similarly, margarine and shortening made from specialty fats are favored in the bakery industry, as they contribute to desired texture, shelf life, and flavor.

3. Rise in Veganism and Plant-Based Diets: As vegan and plant-based diets gain popularity, manufacturers are under pressure to deliver plant-based alternatives to traditional animal-derived fats, like butter. Specialty oils derived from plants are integral to vegan products, providing both functionality and appeal. Coconut oil, for example, is popular in plant-based dairy alternatives due to its creamy texture and flavor.

4. Cosmetics and Personal Care Demand: Specialty oils have become essential in the cosmetics and personal care industry due to their emollient, moisturizing, and skin-nourishing properties. Oils such as argan, almond, and jojoba are popular choices for skincare, haircare, and other beauty applications. The high concentration of vitamins, minerals, and antioxidants in these oils makes them a premium choice for products aimed at improving skin health and elasticity.

5. Advancements in Processing Technology: Technological advancements have made it possible to create a wide range of specialty fats and oils with specific melting points, stability, and nutritional profiles. Processes like hydrogenation, interesterification, and fractionation enable manufacturers to tailor the physical and chemical properties of fats and oils to suit different applications, enhancing product appeal and functional benefits.

Challenges Facing the Specialty Fats and Oils Market

While the specialty fats and oils market is booming, it faces some significant challenges. For one, the high costs of certain specialty oils, like olive and avocado oil, may limit their accessibility to budget-conscious consumers. Additionally, sustainability issues surrounding the cultivation of palm oil have raised ethical and environmental concerns, which could influence consumer preferences and regulatory policies in the coming years. Alternative solutions, such as sustainably sourced palm oil and synthetic alternatives, are being explored to address these challenges.

Future Trends and Prospects

Looking forward, the specialty fats and oils market is expected to continue on a growth trajectory. Key trends likely to shape its future include:

- Innovation in Functional Ingredients: There is an increasing focus on creating functional fats and oils with added health benefits, such as omega-3 fortified oils and low-saturated fats. These innovations can further attract health-conscious consumers.

- Expansion of Plant-Based Products: As plant-based diets become mainstream, demand for plant-derived oils is likely to grow. Consumers are looking for sustainably sourced, non-GMO, and organic options that align with ethical and environmental values.

- Sustainability Initiatives: Manufacturers are increasingly investing in sustainable sourcing, particularly for palm oil, due to environmental concerns. Efforts toward certification and eco-friendly practices will likely gain traction as consumers demand transparency and responsibility.

Key Player Analysis:

Bunge Limited

Cargill

Golden Agri-Resources Ltd

Henry Lamotte Oils GmbH

IOI Corporation

Kuala Lumpur Kepong Berhad

Liberty Oil Mills Ltd.

Savola Group

Sime Darby Plantation Sdn Bhd

Wilmar International Limited

Segmentation:

By Product Type

Fats

Cocoa Butter Alternatives

Cocoa Butter Equivalents

Cocoa Butter Substitutes

Cocoa Butter Replacers

Coating Fats

Dairy Fat replacers

Others

Oils

Palm Oil

Coconut Oil

Soyabean Oil

Sunflower Oil

Others

By Application

Bakery

Confectionery

Cosmetics

Dairy Products

Home cooking

Pharmaceutical products

Others

By End User

F&B

Pharma

Hospitality

Residential

Others

By Distribution Channel

Online

Offline

By Region

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

Browse the full report https://www.credenceresearch.com/report/specialty-fats-and-oils-market

Contact:

Credence Research

Please contact us at +91 6232 49 3207

Email: sales@credenceresearch.com

Website: www.credenceresearch.com 

[marketanalysisdata]

Protein Ingredients Market Analysis, Top Key Players, Drivers and Trends by Forecast to 2030

The global protein ingredients market was valued at USD 77.69 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. The market is gaining significant momentum due to the increasing demand for food products like margarine, cold cuts, bakery items, spreads, yogurt, and milk sausages, all of which are produced using protein ingredients. The rising consumption of these protein-rich products among health-conscious consumers, particularly the elderly, is further fueling market growth. Additionally, manufacturers are innovating and developing various proteins with a broad range of amino acids that serve specific functions, such as promoting satiety, muscle repair, weight loss, and energy balance, which opens up more growth opportunities for the market in the forecast period.

The industry has witnessed a notable increase in the consumption of animal-based products recently, and animal protein is expected to see continued growth, especially in the U.S. The strong domestic demand for animal-derived products is expected to drive the need for protein ingredients further. Companies involved in the production and supply of these ingredients are strengthening their distribution networks to ensure better market penetration, a factor that is expected to boost the industry's growth over the next several years.

Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market

Product Segmentation Insights:

In terms of product types, the animal/dairy protein segment dominated the market, accounting for a revenue share of 78.94% in 2022. This segment's growth is primarily driven by the high demand for premium-quality proteins across sectors such as food and beverages, animal feed, and personal care. Animal proteins are considered complete sources of protein because they contain all the essential amino acids the human body requires, making them a preferred choice for consumers aiming to maintain a healthy lifestyle. The numerous health benefits of animal protein ingredients have been well-supported by scientific research and endorsed by regulatory authorities. For example, whey protein has been shown to boost glutathione (GSH) levels, which enhances nutritional status and immune function in cancer patients undergoing chemotherapy.

The animal protein segment is expected to grow at a moderate CAGR of 4.4% during the forecast period, driven by its use in the animal feed industry, where it is employed as a supplement to promote the health and growth of livestock. In the personal care sector, animal proteins are incorporated into hair and skincare products to improve the texture and appearance of hair and skin. Among animal proteins, egg protein held the largest share (43.28%) in 2022, as eggs are a rich source of high-quality protein. Each egg contains approximately 6-7 grams of protein, with both the whites and yolks contributing to this amount. Eggs also offer numerous other health benefits, such as being low in calories and high in essential nutrients like choline, iron, and vitamins A, D, E, and B12. The versatility of egg protein, which can be incorporated into a wide range of food products (e.g., baked goods, sauces, and dressings), further drives its popularity among consumers.

Plant Proteins -

Plant proteins are expected to grow at a significant CAGR of 9.1% during the forecast period. This growth is driven by the increasing preference for plant-based diets, which are seen as healthier and more sustainable than animal-based diets. Plant proteins are also relatively inexpensive, which is expected to further boost demand in the coming years. The growing trend of veganism, particularly in North America and Europe, is also contributing to the rise in consumption of plant-based protein ingredients. Soy and wheat proteins are particularly popular as they are perceived to offer numerous health benefits.

Cereal-based proteins are also expected to see significant growth, particularly in the personal care and cosmetics industries. For example, corn-based ingredients are used as skin and hair conditioning agents, abrasives, absorbents, and binders in a variety of products, including facial makeup, fragrances, hair care products, hair dyes, and even oral care products.

Insect Proteins -

Insect proteins represent the fastest-growing segment in the market, with a projected CAGR of 26.4% over the forecast period. Protein derived from insects, such as crickets, has found increasing use in various applications, particularly in nutritional bars where it is added in powder form to boost nutritional value and flavor. Companies like Crik Nutrition source insect proteins from farms that adhere to strict guidelines, ensuring that the crickets used are of the highest quality for human consumption.

Research at Wageningen University suggests that waste generated from insect-rearing could be used to promote sustainable agriculture. The exoskeletons of insects are rich in chitin, a compound that can be metabolized by certain bacteria to enhance plant resilience against pests and diseases. Insects are highly efficient to farm, producing ten times as much edible protein per kilogram of grass compared to traditional livestock. This ability to produce more protein with fewer resources positions insect-rearing as an integral component of a circular food system, one in which waste is minimized and sustainability is maximized.

The combination of rising health-conscious consumer behaviors, innovations in protein ingredient development, and the drive for sustainable, eco-friendly food sources will continue to fuel the growth of the global protein ingredients market over the forecast period.

Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.

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Buttery Bliss: Exploring the Industrial Margarine Revolution

The Industrial Margarine Market is experiencing a renaissance as manufacturers harness innovation and technology to create versatile and high-quality margarine products for the food industry.

Industrial margarine, a vegetable-based fat used as a butter substitute in baking, cooking, and food production, has evolved from a basic commodity to a premium ingredient prized for its functionality and flavor. With advancements in processing techniques and ingredient sourcing, industrial margarine manufacturers are producing products that deliver exceptional taste, texture, and performance, making them indispensable in the production of a wide range of baked goods, pastries, and culinary creations.

#IndustrialMargarine #BakeryIndustry #FoodProduction #FoodTech #BakingEssentials #CulinaryInnovation #VersatileFat #DairyAlternative #ButteryGoodness #PlantBased #FoodScience #PastryChef #FoodieFinds #GourmetCooking #InnovativeIngredients

In the Industrial Margarine Market, sustainability and health-consciousness are driving product development and consumer demand, with a growing emphasis on natural and plant-based ingredients. As consumers become more mindful of their dietary choices and environmental impact, there is a rising preference for margarine products made with non-GMO, sustainably sourced oils and free from artificial additives and trans fats. Additionally, with the rise of plant-based diets and dairy alternatives, industrial margarine is gaining popularity as a versatile and cost-effective option for food manufacturers looking to meet the needs of vegan and lactose-intolerant consumers. As the industrial margarine market continues to evolve in response to changing consumer preferences and industry trends, it remains a key player in the global food industry, offering delicious and functional fat solutions for a variety of culinary applications. 🌟

[sanjeev3214]

Butter Market - Size, Growth, Trends, Share & Forecast 2029

The global butter market, valued at an estimated USD 53.82 billion in 2023, is projected to reach a whopping USD 60 billion by 2029, reflecting a steady Compound Annual Growth Rate (CAGR) of 4.11%. This growth can be attributed to several factors, making butter a relevant and valuable commodity in the global food industry.

Major Players Churning the Market:

The butter market is a diverse landscape with established players and emerging regional brands. Some of the key players include:

Amul (India): A household name in India, Amul is the country's largest dairy cooperative and a major butter producer.

Land O'Lakes (United States): This American agricultural cooperative is a prominent name in the U.S. butter market.

Fonterra (New Zealand): A global dairy giant, Fonterra is a major exporter of butter and dairy products from New Zealand.

Arla Foods (Denmark): This Danish dairy cooperative holds a significant market share in Europe and exports butter globally.

Nestlé (Switzerland): A global food and beverage giant, Nestlé has a presence in the butter market through various brands like Milkmaid.

These established players compete alongside regional and private label brands, creating a dynamic market environment.

Challenges: Spreading Thin in a Competitive Landscape:

Despite the projected growth the butter market faces its share of challenges:

Rising Production Costs: Factors like increasing feed prices, labor costs, and energy costs can squeeze profit margins for butter producers.

Health Concerns: While butter enjoys a resurgence, some consumers remain concerned about its saturated fat content. This can lead to a shift towards alternatives like margarine or plant-based spreads.

Climate Change: Extreme weather events and disruptions in the dairy industry can impact milk production, affecting butter availability and prices.

Competition from Substitutes: The growing popularity of vegan diets and lactose intolerance is driving demand for vegan butter alternatives, creating competition for traditional butter consumption.

Trends Shaping the Future of Butter:

The butter market is adapting to consumer preferences and market dynamics through several trends:

Premiumization: Consumers are increasingly seeking high-quality, artisanal butter with unique flavors and textures. This trend offers opportunities for boutique brands and niche producers.

Focus on Sustainability: Consumers are demanding sustainable practices from butter producers. This translates to initiatives like responsible sourcing, ethical treatment of animals, and eco-friendly packaging.

Organic and Grass-Fed Butter: The market for organic and grass-fed butter is growing, catering to health-conscious consumers seeking ethically sourced and potentially more nutritious options.

Functional Butter: The introduction of butter fortified with additional vitamins, minerals, or probiotics is a growing trend, targeting specific health needs.

The Future of Butter: A Spread of Optimism:

Despite the challenges, the future of the butter market appears promising. Several factors contribute to this positive outlook:

Innovation in Butter Products: New product development, like flavored butters or butter blends for specific culinary applications, can attract new consumer segments.

Growing Demand in Emerging Markets: Rapid economic growth in developing nations is leading to increased consumption of dairy products, including butter.

Versatility of Butter: Butter's role in various cuisines and its use in baking and cooking ensure its continued relevance in the food industry.

Spreading the Goodness:

The butter market shows no signs of slowing down. By addressing challenges, embracing trends, and focusing on innovation, butter producers can ensure a bright future for this beloved dairy product. Consumers, too, can play a role by supporting sustainable practices and exploring the diverse range of butters available, ensuring that the goodness of butter continues to be spread on kitchens tables across the globe.

[priyanshisingh]

Plant Based Spreads Market Share and Demand Analysis with Size, Growth Drivers and Forecast to 2030

The latest market report published by Credence Research, Inc. “Global Plant Based Spreads Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The global plant based spreads market has grown steadily in recent years. It is expected to grow at a CAGR of 5.8% between 2023 and 2030. The market was valued at USD 0.6 Billion in 2022 and is expected to reach USD 0.8 Billion in 2030.

The global plant-based spreads market has witnessed robust growth, and its momentum is projected to continue over the coming years. Factors such as rising vegan and vegetarian populations, concerns over the environmental impact of animal agriculture, and the increasing prevalence of lactose intolerance have fueled the adoption of plant-based spreads.

Plant Based Spreads Market Drivers are the key factors responsible for the growth and success of this rapidly expanding industry. With increasing awareness about health and sustainability, more consumers are opting for plant-based alternatives to traditional spreads. The rising number of individuals adopting vegan or vegetarian lifestyles is another significant driver, as they seek nutritious options without sacrificing taste and texture. Moreover, concerns regarding animal welfare and environmental impact have led many consumers to shift towards plant-based products.

Key Market Segments: Exploring Diverse Product Offerings:

Nut Butters: Almond, peanut, cashew, and other nut-based spreads have gained immense popularity due to their rich flavor profiles and nutritional benefits. They are an excellent source of plant-based proteins, healthy fats, and essential vitamins.

Seed Butters: Derived from sunflower, pumpkin, sesame, and other seeds, these spreads are an excellent alternative for individuals with nut allergies. They offer a unique blend of flavors and nutritional advantages.

Legume-Based Spreads: Made from chickpeas, lentils, and other legumes, these spreads are not only nutritious but also contribute to sustainable agriculture practices by fixing nitrogen in the soil.

Fruit-Based Spreads: Avocado, coconut, and other fruit-based spreads offer a delightful twist, providing a creamy and luscious texture that complements various dishes.

Browse 220 pages report Plant Based Spreads Market By Source (Pulses, Vegetables, Oils, Nuts, Seeds, Grains) By Type of Spreads (Lard, Margarine, Nut Butters, Legume-based spreads, Veggie Pâtés, Pestos, Guacamole, Hummus, Vegan Cream Cheese, Vegan Herring Salad, Jam, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/plant-based-spreads-market

Regional Analysis: Exploring Lucrative Geographies

North America currently dominates the global plant-based spreads market, owing to the high adoption rate of vegan and vegetarian diets, along with the presence of major industry players. However, Asia-Pacific is expected to witness substantial growth during the forecast period, driven by an expanding vegan population and increasing awareness about the health benefits of plant-based diets.

Future Prospects: Paving the Way for Sustainable Growth

The future of the plant-based spreads market looks promising, with untapped potential in emerging economies and continuous advancements in product formulations and distribution channels. As consumers prioritize health, sustainability, and ethical values, the demand for plant-based spreads is poised to witness significant growth.

Why to Buy This Report-

The report provides a qualitative as well as quantitative analysis of the global Plant Based Spreads Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.

The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.

Major nations in each region with their import/export statistics

The global Plant Based Spreads Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.

Browse Full Report: https://www.credenceresearch.com/report/plant-based-spreads-market

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Related Report: https://www.credenceresearch.com/report/host-cell-contaminant-testing-market

Related Report: https://www.credenceresearch.com/report/myocardial-infarction-treatment-market

Browse Our Blog: https://www.linkedin.com/pulse/plant-based-spreads-market-size-industry-share-growth-priyanshi-singh

Browse Our Blog: https://medium.com/@priyanshi_97937/plant-based-spreads-market-future-growth-prospects-for-the-global-leaders-d907093547cf

About Us -

Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 10,000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. For nearly a century, we’ve built a company well-prepared for this task.

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Demand Scenario of Soybean By-products Market to Reveal Positive Outlook Through 2031:Persistence Market Research

As per a new market study by Persistence Market Research, the global soybean by-products market is set to witness acceleration at a CAGR of 6% and close in on a valuation of US$ 278 Bn by 2031.

Soybeans can be processed into a variety of useful, adaptable, and functional culinary ingredients. Crude and degummed soybeans are refined, filtered, and decolorized to remove any free fatty acids, soaps, and residual gums before using them in food applications. Decolorized oil has a variety of applications in salad dressings, shortenings and margarine, biscuits, cookies, bread, chocolate products, candy coating, and a few other low-temperature uses. The white flakes left over from the oil extraction process are further processed to make soy isolates and concentrates.

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These isolates and concentrates have different functional properties such as emulsifying, water-binding, and tailored gelling. Soybean flour is also an important ingredient that is widely used in bakery products as a functional component as well as a source of protein.

Last but not least, increasing veganism and preference for organic products among consumers are providing growth opportunities to market players. As such, manufacturers are looking at different ways to increase their sales and profit margins across geographies.

In May 2016, Adani Wilmar diversified its business into the food and value-added edible oil market in Asia Pacific, including China and Malaysia, due to increasing demand for high-quality food products driven by population growth in the region.

Thai Vegetable Oil Public Company Limited announced a new innovative project named Nano Neutralization for soy products in 2018. Under this project, the company adjusted the production technology of full-fat soy products. This project helped the company in reducing the use of chemicals in the production process.

Key Takeaways from Market Study

The soybean by-products market in North America and South Asia is expected to expand at CAGRs of 5% and 6.7%, respectively, through 2031.

However, Europe and East Asia dominate the market with a share of 28.2% and 20.5%, respectively.

Sales of soybean by-products in the foodservice industry is currently valued at US$ 23.5 Bn.

One of the key contributing factors for market growth is growing importance of plant-based food ingredients in the food processing industry.

The U.S. and India hold significant shares in North America and South Asia, respectively.

Major demanding country for soybean by-products is China, set to top US$ 40 Bn valuation by 2031.

Market growth was set back due to the Covid-19 pandemic. However, increasing demand plant-based food products will drive expansion over the coming years.

“Soybean by-products are gaining popularity in animal feed, food processing, and food service industries, as they offer many nutritional benefits. Rising demand for plant-based food products will offer lucrative opportunities to manufacturers of soybean by-products,” says a Persistence Market Research analyst.

For comprehensive insights on keyword adoption, ask an analyst here@ https://www.persistencemarketresearch.com/ask-an-expert/32789

Competitive Landscape

Manufacturers of soybean by-products are expected to invest in mergers and acquisitions to expand their product range. They are continuously putting efforts into increasing sales across different end-use industries by investing in research & development programs.

In 2021, Archer Daniels Midland Company acquired Sojaprotein, which expanded its production capacity and enhanced its capabilities to meet growing customer demand. The company has benefitted from the wide range of non-GMO soy products of Sojaprotein and expanded its regional presence.

In 2018, Owensboro Grain Company announced a new plant to produce soy-based wax that can be used to make candles. The objective of this new plant is to help the company diversify into new markets. The new plant has the capacity to produce 150 million pounds of wax a year.

Explore More Valuable Insights

Persistence Market Research, in its new report, offers an impartial analysis of the global soybean by-products market, presenting historical data (2016-2020) and estimation statistics for the forecast period of 2021-2031.

The study offers compelling insights on the basis of nature (organic and conventional), type (soybean oil, oilcake, and lecithin), and end use (food processing industry, foodservice industry, animal feed industry, retail/household, and others), across seven major regions of the world.

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[lovingtyphooncupcake]

Soy Derivatives Market Size by Global Major Companies Profile, Competitive Landscape and Key Regions 2028

The global soy derivatives market size is projected to reach USD 344.05 billion in 2028. The demand for soy derivatives is anticipated to rise exponentially in the near future because of the high demand for biodiesel as an alternative to fossil fuel. Fortune Business Insights™ published this information in a new study, titled, “Soy Derivatives Market, 2021-2028.” As per the study, the market stood at USD 204.11 billion in 2020. It would exhibit a CAGR of 6.8% in the forecast period between 2021-2028.

Archer-Daniels-Midland Company Enters Joint Venture with Marfrig

In June 2020, the Archer-Daniels-Midland Company (ADM), a food processing firm based in Chicago, joined hands with Marfrig, a reputed beef producer to develop a joint venture called PlantPlus Foods. It would deliver plant-based products to South America and North America. As per a company official, “The new joint venture will expand our leadership capabilities and enhance our position in the global market. It will also help us to deliver a complete range of solutions, flavors, and ingredients as per the consumer demand.”

COVID-19 Pandemic: Closure of Industries & Logistical Bottlenecks to Propel Growth

Livestock farmers and soybean producers were affected severely on account of the logistical bottlenecks and closure of industries. But, the surging demand for plant-based protein sources is expected to bring the market back on track. Also, the ongoing U.S.-China trade war is set to affect the condition of the soy derivatives industry as the U.S. alone accounts for approximately 40% of the total soybean exports. Our report will help you better understand the current market scenario.

To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/soy-derivatives-market-105065

Report Coverage-

We refer to secondary data sources, namely, press releases of end-user facilities, investor presentations, annual reports, and industry journals to collect in-depth information of the market for soy derivatives. Our novel bottom-up approach aids in generating vital data about the competitive landscape and recent industry developments, such as new product launches, collaborations, agreements, joint ventures, partnerships, contracts, and acquisitions.

Drivers & Restraints-

Increasing Government Initiatives to Shift to Soybean Cultivation would Aid Growth

Several companies operating in the market are investing in research and development activities to refine their quality and production technology. They will be able to broaden their business capabilities by improving technologies required during processing. At the same time, they are also striving to improve yields and productivity of soybean protein and oil.

Furthermore, in China, the government is taking various initiatives to surge the areas under soybean cultivation. For instance, the State Council released a plan for revitalizing soybean farming in February 2019. The policy declares that rural cooperatives and large planters can take efforts to shift to soybean cultivation. Such initiatives by regulatory bodies would help to drive the soy derivatives market growth in the upcoming years. However, soy contains high unsaturated fatty acids that can harm human health. Coupled with this, the availability of sucrose may obstruct the demand for soy derivatives.

Segments-

High Demand for Meat and Livestock Feed to Favor Growth of Soy Meal Segment

Based on the type, the market for soy derivatives is classified into soy meal, soy oil, soy milk, soy flour, and others. Out of these, the soy meal segment held 78.43% in terms of the soy derivatives market share in 2020. The rising demand for livestock feed and meat is set to propel growth. Also, soy meals are affordable and have high-protein content. The segment generated 82.35% in China. The soy oil segment, on the other hand, procured 9.50% in China in 2020 owing to the rising usage in margarine, baked, and fried products.

Regional Insights-

Rising Product Acceptability and Consumer Base to Accelerate Growth in Asia Pacific

·       Asia Pacific: In 2020, the region earned USD 92.11 billion in terms of revenue and would dominate in the near future. The rising consumer base, intense competition, and product acceptability have compelled renowned companies to enhance their product offerings in the region. Hence, they are trying to expand their footprints to cater to the high demand for soy derivatives. The region is anticipated to grow with a CAGR of 6.87% in the forthcoming years.

·       North America: It would remain in the second position fueled by the increasing innovations in the industry, surging prevalence of lactose intolerance, and rising adoption of vegetarian or vegan diet. As per a Gallup survey conducted in January 2020, the U.S. vegan population was 3% of adults over 65 years, 1% of those 50–64, 4% of those 30–49, and 3% of those aged 18–29 years.

·       Europe: It would exhibit the highest CAGR in the forecast period on account of the rising government support for producing biofuel. Additionally, the ban on processed animal proteins, such as meat and bone meal in animal feed owing to the outbreak of bovine spongiform encephalopathy would surge the demand for soy meal in the region.

Competitive Landscape-

Key Players Aim to Broaden Portfolios & Market Products through Joint Ventures

The moderately consolidated market for soy derivatives houses a few companies, such as Cargill Incorporated, Bunge Limited, and Archer-Daniels-Midland Company. They are mainly focusing on joint ventures and acquisitions with portfolio broadening and product marketing. Below are the two latest industry developments:

·       May 2020: Elekeiroz signed an agreement with Nexoleum to deliver plasticizers by using epoxidized soybean oil as feedstock.

·       March 2018: Nasoya introduced its new vegan tofu cubes called ‘Toss’ables’ to provide convenience and variety to kitchens across America. It would help the company to satiate the demand for plant-based food items.

A list of prominent soy derivatives providers present in the global market:

·       Archer Daniels Midland Company (Illinois, United States)

·       Cargill, Incorporated (Minnesota, United States)

·       CHS Inc. (Minnesota, United States)

·       Bunge Limited (Missouri, United States)

·       Louis Dreyfus Company B.V. (Netherlands)

·       Wilmar International Ltd. (Singapore)

·       AG Processing Inc. (Nebraska, United States)

·       DuPont Nutrition and Health (Delaware, United States)

·       Noble Group (Hong Kong)

Tyson Foods (Arkansas, United States)

[futuristicchildenthusiast]

Soy Derivatives Market Size, Share & Industry Analysis and Foreseen by 2028

Main Body:

The global soy derivatives market size is projected to reachUSD 344.05 billion in 2028. The demand for soy derivatives is anticipated to rise exponentially in the near future because of the high demand for biodiesel as an alternative to fossil fuel. Fortune Business Insights™ published this information in a new study, titled, “Soy Derivatives Market, 2021-2028.” As per the study, the market stood at USD 204.11 billion in 2020. It would exhibit a CAGR of 6.8% in the forecast period between 2021-2028.

A list of prominent soy derivatives providers present in the global market:

· Archer Daniels Midland Company (Illinois, United States)

· Cargill, Incorporated (Minnesota, United States)

· CHS Inc. (Minnesota, United States)

· Bunge Limited (Missouri, United States)

· Louis Dreyfus Company B.V. (Netherlands)

· Wilmar International Ltd. (Singapore)

· AG Processing Inc. (Nebraska, United States)

· DuPont Nutrition and Health (Delaware, United States)

· Noble Group (Hong Kong)

· Tyson Foods (Arkansas, United States)

Archer-Daniels-Midland Company Enters Joint Venture with Marfrig

In June 2020, the Archer-Daniels-Midland Company (ADM), a food processing firm based in Chicago, joined hands with Marfrig, a reputed beef producer to develop a joint venture calledPlantPlus Foods. It would deliver plant-based products to South America and North America. As per a company official, “The new joint venture will expand our leadership capabilities and enhance our position in the global market. It will also help us to deliver a complete range of solutions, flavors, and ingredients as per the consumer demand.”

Drivers & Restraints-

Increasing Government Initiatives to Shift to Soybean Cultivation would Aid Growth

Several companies operating in the market are investing in research and development activities to refine their quality and production technology. They will be able to broaden their business capabilities by improving technologies required during processing. At the same time, they are also striving to improve yields and productivity of soybean protein and oil.

Furthermore, in China, the government is taking various initiatives to surge the areas under soybean cultivation. For instance, the State Council released a plan for revitalizing soybean farming in February 2019. The policy declares that rural cooperatives and large planterscan take efforts to shift to soybean cultivation. Such initiatives by regulatory bodies would help to drive the soy derivatives market growth in the upcoming years. However, soy contains high unsaturated fatty acids that can harm human health. Coupled with this, the availability of sucrose may obstruct the demand for soy derivatives.

Segments-

High Demand for Meat and Livestock Feed to Favor Growth of Soy Meal Segment

Based on the type, the market for soy derivatives is classified into soy meal, soy oil, soy milk, soy flour, and others. Out of these, the soy meal segment held 78.43% in terms of the soy derivatives market share in 2020. The rising demand for livestock feed and meat is set to propel growth. Also, soy mealsareaffordable and have high-protein content. The segment generated 82.35%in China. The soy oil segment, on the other hand, procured9.50% in China in 2020 owing to the rising usage in margarine, baked, and fried products.

Regional Insights-

Rising Product Acceptability and Consumer Base to Accelerate Growth in Asia Pacific

· Asia Pacific: In 2020, the region earned USD 92.11 billion in terms of revenue and would dominate in the near future. The rising consumer base, intense competition, and product acceptability have compelled renowned companies to enhance their product offerings in the region. Hence, they are trying to expand their footprints to cater to the high demand for soy derivatives. The region is anticipated to grow with a CAGR of 6.87% in the forthcoming years.

· North America: It would remain in the second position fueled by the increasing innovations in the industry, surging prevalence of lactose intolerance, and rising adoption of vegetarian or vegan diet. As per a Gallup survey conducted in January 2020, the U.S. vegan population was 3% of adults over 65 years, 1% of those 50–64, 4% of those 30–49, and 3% of those aged 18–29 years.

· Europe: It would exhibit the highest CAGR in the forecast period on account of the rising government support for producing biofuel. Additionally, the ban on processed animal proteins, such as meat and bone meal in animal feed owing to the outbreak of bovine spongiform encephalopathy would surge the demand for soy meal in the region.

Competitive Landscape-

Key Players Aim to Broaden Portfolios& Market Products throughJoint Ventures

The moderately consolidated market for soy derivatives houses a few companies, such as Cargill Incorporated, Bunge Limited, and Archer-Daniels-Midland Company. They are mainly focusing on joint ventures and acquisitions with portfolio broadening and product marketing. Below are the two latest industry developments:

· May 2020:Elekeirozsigned an agreement with Nexoleum to deliver plasticizers by using epoxidized soybean oil as feedstock.

· March 2018:Nasoyaintroduced its new vegan tofu cubes called ‘Toss’ables’to provide convenience and variety to kitchens across America. It would help the company to satiate the demand for plant-based food items.

Information Source:

https://www.fortunebusinessinsights.com/soy-derivatives-market-105065

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[digitalconvo]

Household Margarine Market Current Scenario along with Future Scope

Household Margarine: Market Outlook

Household Margarine is a processed food, designed to function as butter. Basically, margarine is processed to be a replacement of butter, with healthy properties that are good for the heart. As butter contains a high content of cholesterol, margarine contains a high level of polyunsaturated fats which are good for the heart and reduces any risk for disease.

Europe is the largest consumer base of household margarine owing to the high demand and consumption of processed food. Following Europe, North America and Asia-Pacific are the largest consumers of Household Margarine. Latin America is expected to have the highest growth rate in the forecasted period. China and India are the largest producers of Margarine, and these are also expected to have a steady growth rate for consumption.

The global household margarine market is growing and gaining market penetration as manufacturer partners with online retailers and distributors. Partnering with online suppliers reduces the cost of the product and also optimizes the supply value chain.

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Changing Consumer Preferences to Boost the Market Growth

As Household margarine is considered a healthy alternative than butter, the consumer base globally is expected to rise in the forecast period. Household margarine is a low-cost alternative to the butter and other fat-soluble emulsifiers. Owing to this, many households are opting for margarine as an alternate of butter.

With increasing awareness among the global consumer base of the ingredients and process of manufacture, consumers are demanding household margarine made with organic, non-GMO ingredients that are also allergen-free.

With increasing household baking as the trend of home baking grows, it is expected to witness high demand growth, owing to its high nutrient value and cost-effectiveness. Margarine has a mild taste that does not overpower or mask the taste of bakery products, and margarine also provides the desired texture and fluffiness to the bakery items.

2019 is considered as the vegan year, as in this year there were maximum vegan product launches as nearly one in every four product launches in the UK were vegan products and largest jump of 1.2% in the vegan population. With such hype in demand for vegan products, household margarine is experiencing the cascading effect by an increase in its demand globally. Apart from the functionality and nutritional value, the fact that Margarine is a non-dairy alternative to butter enhances its global market demand considerably.

Household Margarine: Market Segmentation

Based on Product Type, Household Margarine Market can be segmented as:

Very Low-fat

Low-fat

Based on Distribution Channel, Household Margarine Market can be segmented as:

Online Sales

Offline Sales

Hypermarket/Supermarket

Specialty Stores

Retail Stores

Others

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Based on Product Form, Household Margarine Market can be segmented as:

Paste

Liquid

Pellet

Powder

Based on Lipid Source, Household Margarine Market can be segmented as:

Palm Oil

Castor Oil

Rapeseed

Sunflower

Vegetable fat

Key Players of Global Household Margarine Household

Some of the key players of Household Margarine are Palsgaard, Unilever, Bunge, NMGK Group, ConAgra, Zydus Wellness, Wilmar-International, Fuji Oil, BRF, Yildiz Holding, Grupo Lala, NamChow, Cargill, COFCO, Uni-President, Mengniu Group, Yili Group, Brightdairy, and Saputo Dairy UK.

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[smithdavid123-blog]

The Edible Oils and Fats market Research Report  gives a proper insight of leading players of this field, educate full Market segmentation on the basis of end user, product, application and region.  

Increasing importance of vegetable oils as key functional ingredients which lessen the risk of heart disorders along with lowering the chance of breast cancer is anticipated to increase the market growth. The excellent anti-inflammatory properties coupled with growing popularity of omega-3 fatty acid as a nutritional constituent in food industry is likely to boost the adoption of oil produced from soybean, canola, and flax seeds.

Moreover, edible oils find application as a good flavoring agent due to the association of unique aroma of peanut or groundnut oil.

Sunflower oil holds more than 30% market share and expected to reach USD XX.XX Million owing to growing importance of the product as a key source of several nutritional constituents such as vitamin E, selenium, , and magnesium in food and beverage industry. Soybean oil is projected to be the fastest growing type during the forecast period. On the basis of fat type, the butter & margarine segment held for the largest market share in 2018.

Convenience stores represent the largest segment followed by supermarkets and hypermarkets owing to the rising number of health-conscious consumers, expanding working population and increasing urbanization are boosting the edible & fats oil market. Apart from standard stores e-commerce is the next big sector. The growing online sales of products, increasing demand for edible & fats oil, and products innovation offerings are the key driver for the market.

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Geographically, the Global edible & fats oil market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia-Pacific accounted for the maximum market share in 2018 lead by India and projected to dominate the overall edible & fats oil market over the forecast period. Owing to the expansion of the middle-class population, rapidly growing fast food industry, increasing disposable income, rapid urbanization. Change in the dietary preferences of consumers in countries like China, India, and Australia has led to an increased demand for the edible & fats oil in the region.

In 2018, Plant sourced oils holds the largest market share of more than XX% owing to growing adoption of vegan life-style and augmented demand for naturally sourced products. Animal sourced fats will witness sturdy growth rate over the forecast period 2019-2025.

Key Players

The leading market players in the Global Edible Oils and Fats market primarily are Archer-Daniels-Midland Co. (U.S.), Associated British Foods Plc. (U.K.), Wilmar International Ltd (Singapore), Bunge limited (U.S.), Adani Wilmar Ltd (India), Cargill, Inc.(U.S.)  and Ajinomoto Co., Inc.(Japan)

Target Audience

·         Edible Oils and Fats Manufacturers

·         Food and beverage Industry

·         Agriculture Industry

·         Bio-diesel manufacturers

·         Animal feed manufacturers

·         Retailers and wholesalers

·         Traders, importers and exporters

 Key Findings

·         The Global Edible Oils and Fats market is expected to touch XXXX kilo tons by 2025 with an annual growth rate of X.XX%

·         In 2018, the palm oil and soybean oil together accounted more than XX% of entire edible & oil fats market.

Regional and State wise Analysis of Global Edible Oils and Fats market Development and Demand Forecast to 2025 Market

The reports also cover country level analysis:

North America

·         US

·         Canada

Europe

·         Germany

·         U.K.

·         France

·         Italy

·         Russia

·         Rest of Europe

Asia – Pacific

·         China

·         Thailand

·         India

·         Australia

·         Others

MEA

·         Saudi Arabia

·         UAE

·         Rest of MEA

Latin America

·         Brazil

·         Argentina

·         Rest of Latin America

[globalmarketresearchreport-blog]

Plant-sourced Food Emulsifiers Market Share, Outlook, and Opportunity Analysis, 2018-2026

Food emulsifier forms a boundary between immiscible liquids such as water and oil, and creates stable emulsion. Ice-cream, margarine, salad dressings, bread, and desserts are some common examples of food that contain emulsifiers. Food emulsifiers can control crystallization, reduce stickiness and prevent separation of an ingredients. These properties and adverse health effects of synthetic food emulsifiers have led to an increasing demand for plant-sourced food emulsifiers in food and beverages industry. According to the European Union, brominated vegetable oil (BVO), one of the food additives that act as an emulsifier, is banned in Europe, as it can cause damage to the nervous system, skin cancer, and other problems related to memory loss.

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Drivers and Restraints

Increasing number of people adopting veganism is propelling growth of plant-sourced food emulsifiers market. According to the Vegetarian Society, a British registered charity that promotes vegetarianism in U.K., the number of vegetarians increased from around 5% of the population to around 10% in 2015. This increasing trend of veganism and vegetarianism is influencing most of the manufacturers to adopt plant-sourced food emulsifiers. For instance, in May 2017, Hydrosol GmbH & Co. KG launched a vegan emulsifier stabilizer, HydroTop, which is produced with a blend of hydrocolloids derived from cellulose and vegetable-based fiber with high water binding capacity.

However, stringent government regulations related to food emulsifiers is negatively impacting growth of plant-sourced food emulsifiers market. According to the European Commission, Directive 95/2/EC was the regulation on food additives other than sweeteners and colors.

Market Trends

Bakery products application segment is expected to witness significant growth in the plant-sourced food emulsifiers market size over the forecast period, owing to increasing demand for cakes and pastries globally. According to the Agriculture and Agri-Food Canada, the sales value of cakes in the U.K. increased at an average of around 2% each year between 2012 and 2017, with a 1.5% increase in CAGR during 2007-2012.

Market Outlook

North America is projected to witness significant growth in the global plant-sourced food emulsifiers market over the forecast period. This is attributed to increasing disposable income and increasing demand for food emulsifiers in variety of dishes. According to the World Bank Group, the GDP per capita in the U.S. was US$ 56,469 in 2015 and increased up to US$ 57,638.16 in 2016. Furthermore, large number of key players are focusing on expanding their presence in this region, owing to high consumer base. For instance, companies are focusing on new product launches, in order to expand their product portfolio in the region. For instance, in December 2016, Cargill Inc., launched three plant-based lecithin, which includes sunflower, soy, and canola in the U.S. and Canada that can be used in a wide variety of food applications such as bakery, convenience foods, chocolates, and confectionery.

Asia Pacific is expected to be the fastest growing region in the global plant-sourced food emulsifiers market over the forecast period. This is owing to the rapidly increasing number of processed food industries and shifting consumer preference towards plant-based food. According to the India Brand Equity Foundation (IBEF), in 2016, the food processing industry in India was ranked fifth in terms of consumption, production, and exports, and increased at a CAGR of 11.74 % during 2011-2016.

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Key Trends

Key players are focusing on adopting various organic and inorganic growth strategies such as mergers and acquisitions, joint ventures and partnerships, and product or technological innovations to retain their position in the global plant-sourced food emulsifiers market. For instance, in 2017, Groupe Avril acquired Novastell to accelerate growth activities such as product development and natural emulsifier plant expansion in France and internationally.

Market players

Some of the leading players operating in the global plant-sourced food emulsifiers market include Lonza Group, Palsgaard A/S, Riken Vitamin Co., Ltd., Beldem S.A., and DowDuPont Inc. among others.

Plant-Sourced Food Emulsifiers Market Taxonomy

On the basis of product type, the plant-sourced food emulsifiers market is segmented into:

Mono- and Diglycerides & Its Derivatives

Sorbitan Esters

Lecithin

Polyglycerol Esters

Stearoyl Lactylates

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[industrystudyreport]

Margarine Market Trend | Supply Chain Analysis and Application | Forecast To 2023

The worldwide margarine market is projected to exhibit healthy CAGR during the forecast period. Margarine is a form of “spread” used in cooking, baking. Margarine includes vegetable oils obtained from sunflower or soya bean and Trans fats. Changing dietary habits and lifestyles owing to shift in the customer's preference toward natural products are expected to drive the margarine market. In addition, introduction to innovative margarine ranges into the market is anticipated to grow high in the future. The demand is also propelled by fact the margarine is a low-cost substitute to butter. However, risk of obesity and availability of other substitutes for margarine is likely hamper the market growth in the forecast period.

Global Margarine market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • Unilever • Bunge • NMGK Group • ConAgra • Zydus Cadila • Wilmar-International • Fuji Oil • BRF • Yidiz Holding • Grupo Lala • NamChow • Sunnyfoods • Cargill • COFCO • Uni-President

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In 2017, Unilever, a British-Dutch transnational consumer goods company, announced to put up its margarine business on sale for USD 7.4 billion. One month later it denied a takeover offer of USD 143 billion from Kraft Heinz. Unilever’s decision to get out of margarine business came after the sales declined; thanks to resurgence of butter. The matter is still a damp squib.

In 2016, Becel® original, Becel® with Olive Oil, Becel® Vegan, and Becel® Buttery Taste, do not contain any artificial additives, colors, and flavors. Blend Bar by Becel® is an interactive and unique product that is non-hydrogenated, and soft margarine.

North America is one of the prominent regions and will continue to account for a large share in the margarine throughout the forecast period, owing to high consumption in food processing.

Market Segment:

Market segment by Region/Country including: • North America (United States, Canada and Mexico) • Europe (Germany, France, UK, Russia and Italy) • Asia-Pacific (China, Japan, Korea, India and Southeast Asia) • South America (Brazil, Argentina, Columbia) • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key Questions Answered in This Report • Analysis of the market including revenues, future growth, market outlook • Historical data and forecast • Regional analysis including growth estimates • Analyzes the end user markets including growth estimates. • Profiles including products, sales/revenues, and market position • Market structure, market drivers and restraints.

[thetejasamale]

Butter Market Overview with Demographic Data and Industry Growth Trends 2019-2024

Market Overview:

The Global Butter Market is growing in tandem with the global dairy industry and is expected to showcase noteworthy growth over the forecast period.  Butter is generally used as a condiment and used in a myriad of applications in the food industry and new use cases are being increasingly added every day which is the prime driver of the Global Butter Market.

The growth of the fast food industry is also a key growth influencer. Changing lifestyle and growing consumption of fast food and convenience food has generated additional demand for butter. Moreover, developing economy and the growing trend of cross-region cuisines foster market growth.

The Global Butter Market is anticipated to observe a compound annual growth rate of 4.2% over the forecast period of 2017-2023, predicts Market Research Future (MRFR) in an in-depth study. Butter is a chief ingredient in the food industry and is invariably used for cooking and baking.

Expanding bakery & confectionery industry is a key growth influencer. Butter is widely used in a variety of confectionery and bakery products which induces high demand for butter.

Availability of butter in different flavors and also low-fat content butter to cater to the varying needs of consumers has contributed significantly to the global butter market. Other factors contributing to the growth of the market include the rise in disposable income, especially in emerging economies and an increase in the trend of home baking which provides growth opportunities to the global butter market.

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On the other hand, butter has a high content of saturated fat and dietary cholesterol which is linked to various health problems, especially cardiac diseases. Growing health consciousness among the disadvantages of butter consumption might affect the growth of the market. Availability of alternatives such as margarine which has high unsaturated fat content and little or no cholesterol might also limit the growth of the global butter market.

Competitive Landscape

The key players in the global butter market include-

Organic Valley (U.S.)

Dean Foods (U.S.)

FrieslandCampina (Netherlands)

Amul (India)

Arla Foods (Denmark)

Kraft Foods Inc. (U.S.)

Land O'Lakes, Inc. (U.S.)

Industry Updates

February 2019- Starbucks, an American coffee company and coffeehouse chain, is launching two new vegan cakes in its UK stores. For the same, the coffee chain is utilizing plant-based butter.

Segmentation

The global butter market has been segmented based on processing, product type, and distribution channel.

By processing, the global butter market has been segmented into processed and unprocessed. The processed segment accounts for the majority share of the global market. Extensive industrial application in bakery and confectionery industries drives the growth of the segment.

By product type, the global butter market has been segmented into cultured butter, uncultured butter, raw cream butter, salted butter, others. The cultured butter segment leads the market owing to the advantage of high production capacity in a shorter duration.

By distribution channel, the global butter market has been segmented into store-based and non-store based. The store-based segment has been further segmented into supermarkets/hypermarkets, specialty retailers, convenience stores, others. The non-store based segment comprises of e-commerce. The store-based segment is the leading segment as consumers prefer store-based purchase due to the convenience of shopping.

Regional Analysis

By region, the Global Butter Market has been segmented into Asia Pacific (APAC), Europe, North America, and the Rest of the World (RoW).

Europe is at the forefront of the global butter market. Burgeoning food industry paired with the high consumption of convenience food in the region spurs the demand for butter in the region. In addition, expanding bakery & confectionery industry also generates considerable demand within the butter market. France, Germany, Belgium, the Netherlands, and Russia are among the major exporters of butter.

North America market is driven by towering demand from the bakery & confectionery industry and food service industry.

Asia Pacific market is spurred by the expanding dairy industry and the growing consumption of butter due to increased affordability. Consumption of fast food and other delicacies are likely to provide opportunities for market growth.

[medicalnewstoday]

Revenue from the  Global  Dairy Free Shortening   to Increase Exponentially During  2019 - 2029

Market Outlook

Dairy free shortening is a kind of non- dairy alternative. It is non-hydrogenated and has zero trans-fat and cholesterol. Also, they are rich in taste and delicious. Dairy free shortening also cuts down the saturated fat without affecting the flavor of the product. It is a healthier substitute for canola oil. Dairy free shortening is used for cake decoration because it will not melt quickly as butter, so it’s a kind of good substitution of butter; it is used for frosting and icing of the cuisine. Dairy free shortening is mainly essential in baking as it ensures that the end product is natural to eat, shortening creates a wall between the gluten molecules and also stopping them from cross- linking when liquid is added. Moreover, dairy free shortening also enhances the freshness, volume, and keeping the quality of its product, as it has a low melting point. Dairy free shortening is made up of animal fat, or vegetable oil can be partially or fully hydrogenated vegetable oil.

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Increasing demand of dairy free shortening due to various application

Rapid growth, as well as changing the habit of consumer eating habits, bakery, and confectionaries product are more in demand nowadays. Dairy free shortening having interchangeable uses such as butter, margarine and they can also be used as improving the quality of food. Dairy free shortening not only consists of less cholesterol and trans fat but are also applicable as vegan alternatives. Due to westernized culture, there is a lot of change in the diet of people as they are consuming a lot of dairy product such as ice- cream, cake, pastries, pie crust, and bread. In developing countries, there has been an increasing shift towards inclined towards vegan diets, this is also the reason for driving the market growth of dairy free shortening. The aforementioned factors are boosting the demand for dairy free shortening.

Global Dairy Free Shortening Market: Key Players

Some of the key manufacturers and suppliers operating in the global dairy free shortening market are Groupe Danone, The Hein Celestial Group, The Whitewave Foods Company, Good Karma Foods, GraceKennedy Group, Blue Diamond Growers, Inc., SunOpta, Inc., Oatly A.B., Vitasoy International Holdings Limited, and Good Karma Foods, among others.

Opportunities for Market Participants

Owing to lactose-intolerance among individuals globally, people also started to opt for dairy free shortening product or diet. Due to changes in the dietary plans, people are suffering from more and more digestive disorder which has led to the increased consumption of dairy free shortening as dairy free shortening is rich in source of fibers which help in improving the gut-health of the individuals. Generally due to increasing health awareness and sustainability issues, consumers are increasingly opting for cruelty-free products such as meat and dairy alternatives, dairy-free shortening being one of them. Dairy free shortening consumption which is increasing day by day among millennial owing to various reasons such as ethical issues and, rising allergies to dairy products, treatment of animals, etc. The busy lifestyles of people which usually uplift them to use convenience products, as health and convenience are the priority of any consumers and due to which manufacturers are producing different flavored milk and other dairy free shortening or products alternatives with different flavors to meet the growing demand in a different region of dairy free shortening.

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The research report presents a comprehensive assessment of the Dairy free shortening market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product, type and end use.

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Plant-sourced Food Emulsifiers Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

Food emulsifier forms a boundary between immiscible liquids such as water and oil, and creates stable emulsion. Ice-cream, margarine, salad dressings, bread, and desserts are some common examples of food that contain emulsifiers. Food emulsifiers can control crystallization, reduce stickiness and prevent separation of an ingredients. These properties and adverse health effects of synthetic food emulsifiers have led to an increasing demand for plant-sourced food emulsifiers in food and beverages industry. According to the European Union, brominated vegetable oil (BVO), one of the food additives that act as an emulsifier, is banned in Europe, as it can cause damage to the nervous system, skin cancer, and other problems related to memory loss.

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Increasing number of people adopting veganism is propelling growth of plant-sourced food emulsifiers market. According to the Vegetarian Society, a British registered charity that promotes vegetarianism in U.K., the number of vegetarians increased from around 5% of the population to around 10% in 2015. This increasing trend of veganism and vegetarianism is influencing most of the manufacturers to adopt plant-sourced food emulsifiers. For instance, in May 2017, Hydrosol GmbH & Co. KG launched a vegan emulsifier stabilizer, HydroTop, which is produced with a blend of hydrocolloids derived from cellulose and vegetable-based fiber with high water binding capacity.

However, stringent government regulations related to food emulsifiers is negatively impacting growth of plant-sourced food emulsifiers market. According to the European Commission, Directive 95/2/EC was the regulation on food additives other than sweeteners and colors.

Market Trends

Bakery products application segment is expected to witness significant growth in the plant-sourced food emulsifiers market size over the forecast period, owing to increasing demand for cakes and pastries globally. According to the Agriculture and Agri-Food Canada, the sales value of cakes in the U.K. increased at an average of around 2% each year between 2012 and 2017, with a 1.5% increase in CAGR during 2007-2012.

Market Outlook

North America is projected to witness significant growth in the global plant-sourced food emulsifiers market over the forecast period. This is attributed to increasing disposable income and increasing demand for food emulsifiers in variety of dishes. According to the World Bank Group, the GDP per capita in the U.S. was US$ 56,469 in 2015 and increased up to US$ 57,638.16 in 2016. Furthermore, large number of key players are focusing on expanding their presence in this region, owing to high consumer base. For instance, companies are focusing on new product launches, in order to expand their product portfolio in the region. For instance, in December 2016, Cargill Inc., launched three plant-based lecithin, which includes sunflower, soy, and canola in the U.S. and Canada that can be used in a wide variety of food applications such as bakery, convenience foods, chocolates, and confectionery.

Asia Pacific is expected to be the fastest growing region in the global plant-sourced food emulsifiers market over the forecast period. This is owing to the rapidly increasing number of processed food industries and shifting consumer preference towards plant-based food. According to the India Brand Equity Foundation (IBEF), in 2016, the food processing industry in India was ranked fifth in terms of consumption, production, and exports, and increased at a CAGR of 11.74 % during 2011-2016.

Key Trends

Key players are focusing on adopting various organic and inorganic growth strategies such as mergers and acquisitions, joint ventures and partnerships, and product or technological innovations to retain their position in the global plant-sourced food emulsifiers market. For instance, in 2017, Groupe Avril acquired Novastell to accelerate growth activities such as product development and natural emulsifier plant expansion in France and internationally.

Market players

Some of the leading players operating in the global plant-sourced food emulsifiers market include Lonza Group, Palsgaard A/S, Riken Vitamin Co., Ltd., Beldem S.A., and DowDuPont Inc. among others.

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