Industrial Margarine Market Analysis

Industrial Margarine Market Analysis

Global plant-based product demand should register over 3.5% gains by 2025 owing to growing adoption of vegetarianism & veganism. Consumers increasingly prefer natural & organic products which have a lower impact of the environment as compared to meat based alternatives. This product offers low fat content and fewer calories which should stimulate market growth owing to rising health awareness.
 

Global animal-based market demand should surpass USD 305 million by 2025 pertaining to growing adoption of animal fat in confectionery & bakery industries. These products assure easy availability, low cost of production, capability of storage at room temperature and high shelf life. Growing demand from the food industry for deep frying & baking owing to its heat stability and ability to be shaped easily should trigger market growth.
 

Global hard form market size surpassed USD 1.7 billion in 2018 and is predicted to witness significant growth owing to growing demand for sautéing, pressure cooking, low-heat baking and condiments industries. This product allows convenient addition of flavours and functional ingredients in food products. This substance finds extensive usage in rusks, crackers, pastries, doughnuts, cookies, confectionery and croissants owing to its low cost which should further accelerate market growth.
 

Global soft form market size may register gains close to 4% by the end of the predicted timeframe on account of growing awareness of the adverse health effects of trans fats. These products lack trans fats which significantly reduces the risk of heart disease, metabolic disorders and strokes. Growing demand from functional food and diet spread sector owing to its high softness and smooth consistency which should boost market growth.
 

Global butter blend type market demand should register over 4% gains by 2025 owing to its growing adoption as a cheaper, low-cholesterol butter substitute. Various food manufacturers are offering butter blends to meet rising demand for food products with low saturated fat content and buttery flavour. These products find widespread usage in grilling, cooking, baking, condiment and sautéing sectors owing to buttery performance, appearance and flavour which should fuel market growth.
 

Global all-purpose type market size surpassed USD 155 million in 2018 and is estimated to witness significant growth pertaining to increasing adoption in savouries, bread and bakery industries. These products are ideal for preparation of cookies, short eats from bread dough & sweet buns owing to their ability to maintain product freshness and prevent dryness. Growing per-capita consumption of ready-to-eat products has stimulated the demand for various baked goods such as hot dogs, buns, fish buns and cakes which should promote market growth.
 

Global sauces, spreads and toppings application should surpass USD 930 million by 2025 on account of growing consumer preference for international cuisine and substantial urbanisation. Food manufacturers are increasingly offering healthier and innovative flavors to meet the rising requirement for diverse culinary trends. Growing preference for spicy food along with rising consumer awareness of various food ingredients should trigger market growth.
 

Global convenience food application demand should register significant gains at about 4% by 2025 owing to increasing preference for ready-to-eat food products among young consumers. Growing spending on food, improving lifestyles and rising disposable incomes has led to growing product adoption. Increasing adoption of busy lifestyles, aging population and growing demand for fresh food should further boost market growth.
 

North America, driven by Canada, Mexico and U.S. industrial margarine market size surpassed USD 1 billion in 2018 pertaining to growing consumer health awareness and rising incidence of lifestyle disorders such as constipation, high blood pressure and atherosclerosis. The region offers a well-established manufacturing base and various firms are engaging in developing products with low trans fats which should stimulate market growth.
 

Europe industrial margarine market size driven by France, UK, and Germany is estimated to surpass USD 1.15 billion by the end of the foreseeable period owing to the presence of a substantial number of restaurants which offer international cuisines. Growing demand for chilly sauces, salad dressings & dips and significant manufacturer efforts to develop innovative products such as preservative-free, organic & low calorie items should further promote market growth.
 

Asia Pacific industrial margarine market demand led by India, Japan, and China should register over 4% gains by 2025 on account of the presence of a substantial youth population segment and improvements in distribution network. Various manufacturers in the region offer products in small packs to attract price-sensitive consumers and boost market growth. Various global confectionery manufacturers have shifted their facilities to the region to reduce supply costs and improve efficiency which should further drive product demand.