
Margarine Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
Description
Margarine Market Summary
Introduction and Market Overview
Margarine, a butter substitute made from vegetable oils, caters to health-conscious consumers, with 520 million people globally affected by cardiovascular diseases driving demand for low-cholesterol alternatives. The rise of plant-based diets, with over 800 million vegans worldwide in 2023, boosts demand for margarine as a vegan-friendly spread. Margarine’s cost-effectiveness, amid 2023 global food price fluctuations, makes it a preferred choice in emerging markets over butter. The global baking industry, growing 6% in 2023, relies on margarine for its versatility in pastries and breads. Urbanization and changing dietary habits further support market growth, particularly in developing regions. The global margarine market is estimated at USD 2.0-4.0 billion in 2025, with a CAGR of 2%-5% through 2030, driven by health trends, veganism, and baking applications.
Regional Market Trends
North America: The U.S. and Canada lead with demand for low-cholesterol and plant-based margarine.
Europe: Germany, France, and the Netherlands focus on vegan and clean-label margarine.
Asia Pacific: China, India, and Indonesia see growth in baking and cost-effective spreads.
Rest of the World: Brazil and Nigeria expand with urban and emerging market demand.
Application Analysis
Commercial: Expected growth of 2%-5%, driven by baking and food service industries. Trends focus on bulk, functional margarine for pastries.
Household: Projected growth of 1%-4%, valued for spreads and cooking. Trends emphasize health-focused and vegan options.
Type Analysis
Hard: Anticipated growth of 1%-4%, used in baking for structure. Trends focus on trans-fat-free formulations.
Soft: Expected growth of 2%-5%, preferred for spreads and cooking. Trends highlight low-cholesterol and plant-based variants.
Liquid: Projected growth of 2%-5%, valued for convenience in cooking. Trends emphasize versatile, health-oriented options.
Key Market Players
Unilever: Markets plant-based margarine for health-conscious consumers.
Bunge: Supplies margarine for commercial baking applications.
Wilmar International: Offers cost-effective margarine for emerging markets.
Cargill: Distributes functional margarine for food service industries.
Flora Food Group: Provides vegan and low-cholesterol margarine spreads.
Porter’s Five Forces Analysis
Threat of New Entrants: Moderate, as production is accessible, but brand loyalty and economies of scale create barriers.
Threat of Substitutes: High, with butter, oils, and plant-based spreads as alternatives.
Bargaining Power of Buyers: High, due to numerous brands and price sensitivity in mass markets.
Bargaining Power of Suppliers: Low, with abundant vegetable oils globally.
Competitive Rivalry: High, driven by innovation in low-cholesterol, vegan, and clean-label margarine.
Market Opportunities and Challenges
Opportunities:
Addressing 520 million cardiovascular disease patients with low-cholesterol margarine.
Leveraging 800 million vegans with plant-based margarine options.
Capitalizing on 2023 food price fluctuations for cost-effective alternatives.
Utilizing 6% baking industry growth for functional margarine.
Innovating with trans-fat-free and clean-label formulations.
Expanding into emerging markets like India and Nigeria.
Challenges:
Competing with butter and premium plant-based spreads.
High costs of developing health-focused and vegan formulations.
Addressing consumer perceptions of margarine as less natural than butter.
Navigating food safety and trans-fat regulations.
Managing supply chain disruptions for vegetable oils.
Introduction and Market Overview
Margarine, a butter substitute made from vegetable oils, caters to health-conscious consumers, with 520 million people globally affected by cardiovascular diseases driving demand for low-cholesterol alternatives. The rise of plant-based diets, with over 800 million vegans worldwide in 2023, boosts demand for margarine as a vegan-friendly spread. Margarine’s cost-effectiveness, amid 2023 global food price fluctuations, makes it a preferred choice in emerging markets over butter. The global baking industry, growing 6% in 2023, relies on margarine for its versatility in pastries and breads. Urbanization and changing dietary habits further support market growth, particularly in developing regions. The global margarine market is estimated at USD 2.0-4.0 billion in 2025, with a CAGR of 2%-5% through 2030, driven by health trends, veganism, and baking applications.
Regional Market Trends
North America: The U.S. and Canada lead with demand for low-cholesterol and plant-based margarine.
Europe: Germany, France, and the Netherlands focus on vegan and clean-label margarine.
Asia Pacific: China, India, and Indonesia see growth in baking and cost-effective spreads.
Rest of the World: Brazil and Nigeria expand with urban and emerging market demand.
Application Analysis
Commercial: Expected growth of 2%-5%, driven by baking and food service industries. Trends focus on bulk, functional margarine for pastries.
Household: Projected growth of 1%-4%, valued for spreads and cooking. Trends emphasize health-focused and vegan options.
Type Analysis
Hard: Anticipated growth of 1%-4%, used in baking for structure. Trends focus on trans-fat-free formulations.
Soft: Expected growth of 2%-5%, preferred for spreads and cooking. Trends highlight low-cholesterol and plant-based variants.
Liquid: Projected growth of 2%-5%, valued for convenience in cooking. Trends emphasize versatile, health-oriented options.
Key Market Players
Unilever: Markets plant-based margarine for health-conscious consumers.
Bunge: Supplies margarine for commercial baking applications.
Wilmar International: Offers cost-effective margarine for emerging markets.
Cargill: Distributes functional margarine for food service industries.
Flora Food Group: Provides vegan and low-cholesterol margarine spreads.
Porter’s Five Forces Analysis
Threat of New Entrants: Moderate, as production is accessible, but brand loyalty and economies of scale create barriers.
Threat of Substitutes: High, with butter, oils, and plant-based spreads as alternatives.
Bargaining Power of Buyers: High, due to numerous brands and price sensitivity in mass markets.
Bargaining Power of Suppliers: Low, with abundant vegetable oils globally.
Competitive Rivalry: High, driven by innovation in low-cholesterol, vegan, and clean-label margarine.
Market Opportunities and Challenges
Opportunities:
Addressing 520 million cardiovascular disease patients with low-cholesterol margarine.
Leveraging 800 million vegans with plant-based margarine options.
Capitalizing on 2023 food price fluctuations for cost-effective alternatives.
Utilizing 6% baking industry growth for functional margarine.
Innovating with trans-fat-free and clean-label formulations.
Expanding into emerging markets like India and Nigeria.
Challenges:
Competing with butter and premium plant-based spreads.
High costs of developing health-focused and vegan formulations.
Addressing consumer perceptions of margarine as less natural than butter.
Navigating food safety and trans-fat regulations.
Managing supply chain disruptions for vegetable oils.
Table of Contents
90 Pages
- Chapter 1 Executive Summary
- Chapter 2 Abbreviation and Acronyms
- Chapter 3 Preface
- 3.1 Research Scope
- 3.2 Research Sources
- 3.2.1 Data Sources
- 3.2.2 Assumptions
- 3.3 Research Method
- Chapter 4 Market Landscape
- 4.1 Market Overview
- 4.2 Classification/Types
- 4.3 Application/End Users
- Chapter 5 Market Trend Analysis
- 5.1 Introduction
- 5.2 Drivers
- 5.3 Restraints
- 5.4 Opportunities
- 5.5 Threats
- Chapter 6 Industry Chain Analysis
- 6.1 Upstream/Suppliers Analysis
- 6.2 Margarine Analysis
- 6.2.1 Technology Analysis
- 6.2.2 Cost Analysis
- 6.2.3 Market Channel Analysis
- 6.3 Downstream Buyers/End Users
- Chapter 7 Latest Market Dynamics
- 7.1 Latest News
- 7.2 Merger and Acquisition
- 7.3 Planned/Future Project
- 7.4 Policy Dynamics
- Chapter 8 Trading Analysis
- 8.1 Export of Margarine by Region
- 8.2 Import of Margarine by Region
- 8.3 Balance of Trade
- Chapter 9 Historical and Forecast Margarine Market in North America (2020-2030)
- 9.1 Margarine Market Size
- 9.2 Margarine Demand by End Use
- 9.3 Competition by Players/Suppliers
- 9.4 Type Segmentation and Price
- 9.5 Key Countries Analysis
- 9.5.1 United States
- 9.5.2 Canada
- 9.5.3 Mexico
- Chapter 10 Historical and Forecast Margarine Market in South America (2020-2030)
- 10.1 Margarine Market Size
- 10.2 Margarine Demand by End Use
- 10.3 Competition by Players/Suppliers
- 10.4 Type Segmentation and Price
- 10.5 Key Countries Analysis
- 10.5.1 Brazil
- 10.5.2 Argentina
- 10.5.3 Chile
- 10.5.4 Peru
- Chapter 11 Historical and Forecast Margarine Market in Asia & Pacific (2020-2030)
- 11.1 Margarine Market Size
- 11.2 Margarine Demand by End Use
- 11.3 Competition by Players/Suppliers
- 11.4 Type Segmentation and Price
- 11.5 Key Countries Analysis
- 11.5.1 China
- 11.5.2 India
- 11.5.3 Japan
- 11.5.4 South Korea
- 11.5.5 Southest Asia
- 11.5.6 Australia
- Chapter 12 Historical and Forecast Margarine Market in Europe (2020-2030)
- 12.1 Margarine Market Size
- 12.2 Margarine Demand by End Use
- 12.3 Competition by Players/Suppliers
- 12.4 Type Segmentation and Price
- 12.5 Key Countries Analysis
- 12.5.1 Germany
- 12.5.2 France
- 12.5.3 United Kingdom
- 12.5.4 Italy
- 12.5.5 Spain
- 12.5.6 Belgium
- 12.5.7 Netherlands
- 12.5.8 Austria
- 12.5.9 Poland
- 12.5.10 Russia
- Chapter 13 Historical and Forecast Margarine Market in MEA (2020-2030)
- 13.1 Margarine Market Size
- 13.2 Margarine Demand by End Use
- 13.3 Competition by Players/Suppliers
- 13.4 Type Segmentation and Price
- 13.5 Key Countries Analysis
- 13.5.1 Egypt
- 13.5.2 Israel
- 13.5.3 South Africa
- 13.5.4 Gulf Cooperation Council Countries
- 13.5.5 Turkey
- Chapter 14 Summary For Global Margarine Market (2020-2025)
- 14.1 Margarine Market Size
- 14.2 Margarine Demand by End Use
- 14.3 Competition by Players/Suppliers
- 14.4 Type Segmentation and Price
- Chapter 15 Global Margarine Market Forecast (2025-2030)
- 15.1 Margarine Market Size Forecast
- 15.2 Margarine Demand Forecast
- 15.3 Competition by Players/Suppliers
- 15.4 Type Segmentation and Price Forecast
- Chapter 16 Analysis of Global Key Vendors
- 16.1 Unilever
- 16.1.1 Company Profile
- 16.1.2 Main Business and Margarine Information
- 16.1.3 SWOT Analysis of Unilever
- 16.1.4 Unilever Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
- 16.2 NMGK Group
- 16.2.1 Company Profile
- 16.2.2 Main Business and Margarine Information
- 16.2.3 SWOT Analysis of NMGK Group
- 16.2.4 NMGK Group Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
- 16.3 Bunge
- 16.3.1 Company Profile
- 16.3.2 Main Business and Margarine Information
- 16.3.3 SWOT Analysis of Bunge
- 16.3.4 Bunge Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
- 16.4 BRF Global
- 16.4.1 Company Profile
- 16.4.2 Main Business and Margarine Information
- 16.4.3 SWOT Analysis of BRF Global
- 16.4.4 BRF Global Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
- 16.5 Conagra Brands
- 16.5.1 Company Profile
- 16.5.2 Main Business and Margarine Information
- 16.5.3 SWOT Analysis of Conagra Brands
- 16.5.4 Conagra Brands Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
- 16.6 Wilmar International
- 16.6.1 Company Profile
- 16.6.2 Main Business and Margarine Information
- 16.6.3 SWOT Analysis of Wilmar International
- 16.6.4 Wilmar International Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
- 16.7 Cargill
- 16.7.1 Company Profile
- 16.7.2 Main Business and Margarine Information
- 16.7.3 SWOT Analysis of Cargill
- 16.7.4 Cargill Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
- 16.8 Uni-President
- 16.8.1 Company Profile
- 16.8.2 Main Business and Margarine Information
- 16.8.3 SWOT Analysis of Uni-President
- 16.8.4 Uni-President Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
- Please ask for sample pages for full companies list
- Tables and Figures
- Table Abbreviation and Acronyms List
- Table Research Scope of Margarine Report
- Table Data Sources of Margarine Report
- Table Major Assumptions of Margarine Report
- Figure Market Size Estimated Method
- Figure Major Forecasting Factors
- Figure Margarine Picture
- Table Margarine Classification
- Table Margarine Applications List
- Table Drivers of Margarine Market
- Table Restraints of Margarine Market
- Table Opportunities of Margarine Market
- Table Threats of Margarine Market
- Table Covid-19 Impact For Margarine Market
- Table Raw Materials Suppliers List
- Table Different Production Methods of Margarine
- Table Cost Structure Analysis of Margarine
- Table Key End Users List
- Table Latest News of Margarine Market
- Table Merger and Acquisition List
- Table Planned/Future Project of Margarine Market
- Table Policy of Margarine Market
- Table 2020-2030 Regional Export of Margarine
- Table 2020-2030 Regional Import of Margarine
- Table 2020-2030 Regional Trade Balance
- Figure 2020-2030 Regional Trade Balance
- Table 2020-2030 North America Margarine Market Size and Market Volume List
- Figure 2020-2030 North America Margarine Market Size and CAGR
- Figure 2020-2030 North America Margarine Market Volume and CAGR
- Table 2020-2030 North America Margarine Demand List by Application
- Table 2020-2025 North America Margarine Key Players Sales List
- Table 2020-2025 North America Margarine Key Players Market Share List
- Table 2020-2030 North America Margarine Demand List by Type
- Table 2020-2025 North America Margarine Price List by Type
- Table 2020-2030 United States Margarine Market Size and Market Volume List
- Table 2020-2030 United States Margarine Import & Export List
- Table 2020-2030 Canada Margarine Market Size and Market Volume List
- Table 2020-2030 Canada Margarine Import & Export List
- Table 2020-2030 Mexico Margarine Market Size and Market Volume List
- Table 2020-2030 Mexico Margarine Import & Export List
- Table 2020-2030 South America Margarine Market Size and Market Volume List
- Figure 2020-2030 South America Margarine Market Size and CAGR
- Figure 2020-2030 South America Margarine Market Volume and CAGR
- Table 2020-2030 South America Margarine Demand List by Application
- Table 2020-2025 South America Margarine Key Players Sales List
- Table 2020-2025 South America Margarine Key Players Market Share List
- Table 2020-2030 South America Margarine Demand List by Type
- Table 2020-2025 South America Margarine Price List by Type
- Table 2020-2030 Brazil Margarine Market Size and Market Volume List
- Table 2020-2030 Brazil Margarine Import & Export List
- Table 2020-2030 Argentina Margarine Market Size and Market Volume List
- Table 2020-2030 Argentina Margarine Import & Export List
- Table 2020-2030 Chile Margarine Market Size and Market Volume List
- Table 2020-2030 Chile Margarine Import & Export List
- Table 2020-2030 Peru Margarine Market Size and Market Volume List
- Table 2020-2030 Peru Margarine Import & Export List
- Table 2020-2030 Asia & Pacific Margarine Market Size and Market Volume List
- Figure 2020-2030 Asia & Pacific Margarine Market Size and CAGR
- Figure 2020-2030 Asia & Pacific Margarine Market Volume and CAGR
- Table 2020-2030 Asia & Pacific Margarine Demand List by Application
- Table 2020-2025 Asia & Pacific Margarine Key Players Sales List
- Table 2020-2025 Asia & Pacific Margarine Key Players Market Share List
- Table 2020-2030 Asia & Pacific Margarine Demand List by Type
- Table 2020-2025 Asia & Pacific Margarine Price List by Type
- Table 2020-2030 China Margarine Market Size and Market Volume List
- Table 2020-2030 China Margarine Import & Export List
- Table 2020-2030 India Margarine Market Size and Market Volume List
- Table 2020-2030 India Margarine Import & Export List
- Table 2020-2030 Japan Margarine Market Size and Market Volume List
- Table 2020-2030 Japan Margarine Import & Export List
- Table 2020-2030 South Korea Margarine Market Size and Market Volume List
- Table 2020-2030 South Korea Margarine Import & Export List
- Table 2020-2030 Southeast Asia Margarine Market Size List
- Table 2020-2030 Southeast Asia Margarine Market Volume List
- Table 2020-2030 Southeast Asia Margarine Import List
- Table 2020-2030 Southeast Asia Margarine Export List
- Table 2020-2030 Australia Margarine Market Size and Market Volume List
- Table 2020-2030 Australia Margarine Import & Export List
- Table 2020-2030 Europe Margarine Market Size and Market Volume List
- Figure 2020-2030 Europe Margarine Market Size and CAGR
- Figure 2020-2030 Europe Margarine Market Volume and CAGR
- Table 2020-2030 Europe Margarine Demand List by Application
- Table 2020-2025 Europe Margarine Key Players Sales List
- Table 2020-2025 Europe Margarine Key Players Market Share List
- Table 2020-2030 Europe Margarine Demand List by Type
- Table 2020-2025 Europe Margarine Price List by Type
- Table 2020-2030 Germany Margarine Market Size and Market Volume List
- Table 2020-2030 Germany Margarine Import & Export List
- Table 2020-2030 France Margarine Market Size and Market Volume List
- Table 2020-2030 France Margarine Import & Export List
- Table 2020-2030 United Kingdom Margarine Market Size and Market Volume List
- Table 2020-2030 United Kingdom Margarine Import & Export List
- Table 2020-2030 Italy Margarine Market Size and Market Volume List
- Table 2020-2030 Italy Margarine Import & Export List
- Table 2020-2030 Spain Margarine Market Size and Market Volume List
- Table 2020-2030 Spain Margarine Import & Export List
- Table 2020-2030 Belgium Margarine Market Size and Market Volume List
- Table 2020-2030 Belgium Margarine Import & Export List
- Table 2020-2030 Netherlands Margarine Market Size and Market Volume List
- Table 2020-2030 Netherlands Margarine Import & Export List
- Table 2020-2030 Austria Margarine Market Size and Market Volume List
- Table 2020-2030 Austria Margarine Import & Export List
- Table 2020-2030 Poland Margarine Market Size and Market Volume List
- Table 2020-2030 Poland Margarine Import & Export List
- Table 2020-2030 Russia Margarine Market Size and Market Volume List
- Table 2020-2030 Russia Margarine Import & Export List
- Table 2020-2030 MEA Margarine Market Size and Market Volume List
- Figure 2020-2030 MEA Margarine Market Size and CAGR
- Figure 2020-2030 MEA Margarine Market Volume and CAGR
- Table 2020-2030 MEA Margarine Demand List by Application
- Table 2020-2025 MEA Margarine Key Players Sales List
- Table 2020-2025 MEA Margarine Key Players Market Share List
- Table 2020-2030 MEA Margarine Demand List by Type
- Table 2020-2025 MEA Margarine Price List by Type
- Table 2020-2030 Egypt Margarine Market Size and Market Volume List
- Table 2020-2030 Egypt Margarine Import & Export List
- Table 2020-2030 Israel Margarine Market Size and Market Volume List
- Table 2020-2030 Israel Margarine Import & Export List
- Table 2020-2030 South Africa Margarine Market Size and Market Volume List
- Table 2020-2030 South Africa Margarine Import & Export List
- Table 2020-2030 Gulf Cooperation Council Countries Margarine Market Size and Market Volume List
- Table 2020-2030 Gulf Cooperation Council Countries Margarine Import & Export List
- Table 2020-2030 Turkey Margarine Market Size and Market Volume List
- Table 2020-2030 Turkey Margarine Import & Export List
- Table 2020-2025 Global Margarine Market Size List by Region
- Table 2020-2025 Global Margarine Market Size Share List by Region
- Table 2020-2025 Global Margarine Market Volume List by Region
- Table 2020-2025 Global Margarine Market Volume Share List by Region
- Table 2020-2025 Global Margarine Demand List by Application
- Table 2020-2025 Global Margarine Demand Market Share List by Application
- Table 2020-2025 Global Margarine Key Vendors Sales List
- Table 2020-2025 Global Margarine Key Vendors Sales Share List
- Figure 2020-2025 Global Margarine Market Volume and Growth Rate
- Table 2020-2025 Global Margarine Key Vendors Revenue List
- Figure 2020-2025 Global Margarine Market Size and Growth Rate
- Table 2020-2025 Global Margarine Key Vendors Revenue Share List
- Table 2020-2025 Global Margarine Demand List by Type
- Table 2020-2025 Global Margarine Demand Market Share List by Type
- Table 2020-2025 Regional Margarine Price List
- Table 2025-2030 Global Margarine Market Size List by Region
- Table 2025-2030 Global Margarine Market Size Share List by Region
- Table 2025-2030 Global Margarine Market Volume List by Region
- Table 2025-2030 Global Margarine Market Volume Share List by Region
- Table 2025-2030 Global Margarine Demand List by Application
- Table 2025-2030 Global Margarine Demand Market Share List by Application
- Table 2025-2030 Global Margarine Key Vendors Sales List
- Table 2025-2030 Global Margarine Key Vendors Sales Share List
- Figure 2025-2030 Global Margarine Market Volume and Growth Rate
- Table 2025-2030 Global Margarine Key Vendors Revenue List
- Figure 2025-2030 Global Margarine Market Size and Growth Rate
- Table 2025-2030 Global Margarine Key Vendors Revenue Share List
- Table 2025-2030 Global Margarine Demand List by Type
- Table 2025-2030 Global Margarine Demand Market Share List by Type
- Table 2025-2030 Margarine Regional Price List
- Table Unilever Information
- Table SWOT Analysis of Unilever
- Table 2020-2025 Unilever Margarine Sale Volume Price Cost Revenue
- Figure 2020-2025 Unilever Margarine Sale Volume and Growth Rate
- Figure 2020-2025 Unilever Margarine Market Share
- Table NMGK Group Information
- Table SWOT Analysis of NMGK Group
- Table 2020-2025 NMGK Group Margarine Sale Volume Price Cost Revenue
- Figure 2020-2025 NMGK Group Margarine Sale Volume and Growth Rate
- Figure 2020-2025 NMGK Group Margarine Market Share
- Table Bunge Information
- Table SWOT Analysis of Bunge
- Table 2020-2025 Bunge Margarine Sale Volume Price Cost Revenue
- Figure 2020-2025 Bunge Margarine Sale Volume and Growth Rate
- Figure 2020-2025 Bunge Margarine Market Share
- Table BRF Global Information
- Table SWOT Analysis of BRF Global
- Table 2020-2025 BRF Global Margarine Sale Volume Price Cost Revenue
- Figure 2020-2025 BRF Global Margarine Sale Volume and Growth Rate
- Figure 2020-2025 BRF Global Margarine Market Share
- Table Conagra Brands Information
- Table SWOT Analysis of Conagra Brands
- Table 2020-2025 Conagra Brands Margarine Sale Volume Price Cost Revenue
- Figure 2020-2025 Conagra Brands Margarine Sale Volume and Growth Rate
- Figure 2020-2025 Conagra Brands Margarine Market Share
- Table Wilmar International Information
- Table SWOT Analysis of Wilmar International
- Table 2020-2025 Wilmar International Margarine Sale Volume Price Cost Revenue
- Figure 2020-2025 Wilmar International Margarine Sale Volume and Growth Rate
- Figure 2020-2025 Wilmar International Margarine Market Share
- Table Cargill Information
- Table SWOT Analysis of Cargill
- Table 2020-2025 Cargill Margarine Sale Volume Price Cost Revenue
- Figure 2020-2025 Cargill Margarine Sale Volume and Growth Rate
- Figure 2020-2025 Cargill Margarine Market Share
- Table Uni-President Information
- Table SWOT Analysis of Uni-President
- Table 2020-2025 Uni-President Margarine Sale Volume Price Cost Revenue
- Figure 2020-2025 Uni-President Margarine Sale Volume and Growth Rate
- Figure 2020-2025 Uni-President Margarine Market Share
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