
Shortening Market by Source (Animal Based, Hydrogenated Veg Oil, Palm Stearin), Application (Bakery, Confectionary, Snacks & Savoury) - Global Forecast 2024-2030
Description
Shortening Market by Source (Animal Based, Hydrogenated Veg Oil, Palm Stearin), Application (Bakery, Confectionary, Snacks & Savoury) - Global Forecast 2024-2030
The Shortening Market size was estimated at USD 2.60 billion in 2023 and expected to reach USD 2.73 billion in 2024, at a CAGR 4.99% to reach USD 3.66 billion by 2030.
Global Shortening Market
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Shortening Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Shortening Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Shortening Market, highlighting leading vendors and their innovative profiles. These include Archer Daniels Midland Company, Ariyan International Inc., Associated British Foods plc, Bunge Limited, Capitol Food Co., Cargill Inc., Fuji Oil Co., Ltd., IFFCO Group, Manildra Group, MOI International (Australia) Pty. Ltd., Premium Vegetable Oils Sdn. Bhd., Pristine Baking Solutions, Sarawagi Group, Sime Darby Oils Liverpool Refinery Ltd., SPECTRUM ORGANIC PRODUCTS, LLC, and Wilmar International Ltd..
Market Segmentation & Coverage
This research report categorizes the Shortening Market to forecast the revenues and analyze trends in each of the following sub-markets:
Source
Animal Based
Butter
Lard
Tallow
Hydrogenated Veg Oil
Palm Stearin
Application
Bakery
Biscuits
Bread & Bread Based Products
Confectionary
Snacks & Savoury
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Shortening Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Shortening Market?
3. What are the technology trends and regulatory frameworks in the Shortening Market?
4. What is the market share of the leading vendors in the Shortening Market?
5. Which modes and strategic moves are suitable for entering the Shortening Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
182 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Shortening Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing processed food industry
- 5.1.1.2. Change in eating habit of consumers have resulted in the rise of consumption of bakery and confectionery products
- 5.1.1.3. Increasing consumption of convenience food
- 5.1.2. Restraints
- 5.1.2.1. Health concerns associated with shortening
- 5.1.3. Opportunities
- 5.1.3.1. Changing lifestyle of the urban people
- 5.1.3.2. Increasing demand for shortenings in bakery products, and rising awareness about the health benefits of shortenings
- 5.1.3.3. Owing to increasing awareness about health products
- 5.1.4. Challenges
- 5.1.4.1. Availability of alternatives
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Shortening Market, by Source
- 6.1. Introduction
- 6.2. Animal Based
- 6.3.1. Butter
- 6.3.2. Lard
- 6.3.3. Tallow
- 6.3. Hydrogenated Veg Oil
- 6.4. Palm Stearin
- 7. Shortening Market, by Application
- 7.1. Introduction
- 7.2. Bakery
- 7.3.1. Biscuits
- 7.3.2. Bread & Bread Based Products
- 7.3. Confectionary
- 7.4. Snacks & Savoury
- 8. Americas Shortening Market
- 8.1. Introduction
- 8.2. Argentina
- 8.3. Brazil
- 8.4. Canada
- 8.5. Mexico
- 8.6. United States
- 9. Asia-Pacific Shortening Market
- 9.1. Introduction
- 9.2. Australia
- 9.3. China
- 9.4. India
- 9.5. Indonesia
- 9.6. Japan
- 9.7. Malaysia
- 9.8. Philippines
- 9.9. Singapore
- 9.10. South Korea
- 9.11. Taiwan
- 9.12. Thailand
- 9.13. Vietnam
- 10. Europe, Middle East & Africa Shortening Market
- 10.1. Introduction
- 10.2. Denmark
- 10.3. Egypt
- 10.4. Finland
- 10.5. France
- 10.6. Germany
- 10.7. Israel
- 10.8. Italy
- 10.9. Netherlands
- 10.10. Nigeria
- 10.11. Norway
- 10.12. Poland
- 10.13. Qatar
- 10.14. Russia
- 10.15. Saudi Arabia
- 10.16. South Africa
- 10.17. Spain
- 10.18. Sweden
- 10.19. Switzerland
- 10.20. Turkey
- 10.21. United Arab Emirates
- 10.22. United Kingdom
- 11. Competitive Landscape
- 11.1. FPNV Positioning Matrix
- 11.2. Market Share Analysis, By Key Player
- 11.3. Competitive Scenario Analysis, By Key Player
- 12. Competitive Portfolio
- 12.1. Key Company Profiles
- 12.1.1. Archer Daniels Midland Company
- 12.1.2. Ariyan International Inc.
- 12.1.3. Associated British Foods plc
- 12.1.4. Bunge Limited
- 12.1.5. Capitol Food Co.
- 12.1.6. Cargill Inc.
- 12.1.7. Fuji Oil Co., Ltd.
- 12.1.8. IFFCO Group
- 12.1.9. Manildra Group
- 12.1.10. MOI International (Australia) Pty. Ltd.
- 12.1.11. Premium Vegetable Oils Sdn. Bhd.
- 12.1.12. Pristine Baking Solutions
- 12.1.13. Sarawagi Group
- 12.1.14. Sime Darby Oils Liverpool Refinery Ltd.
- 12.1.15. SPECTRUM ORGANIC PRODUCTS, LLC
- 12.1.16. Wilmar International Ltd.
- 12.2. Key Product Portfolio
- 13. Appendix
- 13.1. Discussion Guide
- 13.2. License & Pricing
- FIGURE 1. SHORTENING MARKET RESEARCH PROCESS
- FIGURE 2. SHORTENING MARKET SIZE, 2023 VS 2030
- FIGURE 3. SHORTENING MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. SHORTENING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. SHORTENING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. SHORTENING MARKET DYNAMICS
- FIGURE 7. SHORTENING MARKET SIZE, BY SOURCE, 2023 VS 2030 (%)
- FIGURE 8. SHORTENING MARKET SIZE, BY SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. SHORTENING MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 10. SHORTENING MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. AMERICAS SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 12. AMERICAS SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. UNITED STATES SHORTENING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 14. UNITED STATES SHORTENING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. ASIA-PACIFIC SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. ASIA-PACIFIC SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. EUROPE, MIDDLE EAST & AFRICA SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. EUROPE, MIDDLE EAST & AFRICA SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. SHORTENING MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 20. SHORTENING MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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