Margarine Market, By Product Type (Hard, Soft, Liquid), By End User (Retail, HORECA, Industrial), By Region (North America, Europe, Asia Pacific, Middle East, Africa, Latin America) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
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:
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