Vegetable Shortening Market Trends

Report ID: GMI11286
   |
Published Date: September 2024
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Report Format: PDF

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Vegetable Shortening Market Trends

The current trend in the vegetable shortening industry is driven by the growing demand for healthier, trans-fat-free, and non-hydrogenated options as consumers become more health-conscious. There is also an increasing preference for plant-based and vegan shortenings, fueled by the rise of plant-based diets.
 

Additionally, clean-label products, which emphasize transparency in ingredient sourcing and processing, are gaining traction. Looking ahead, the market is expected to see a continued shift toward sustainable and eco-friendly production methods, with a focus on non-GMO and organic sources. Innovations in product formulation, such as functional blends for specific baking needs, will also shape the future of the market.

Authors: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :
Who are the major vegetable shortening market participants?
NIRMALA AVIJAYA GROUP, Spectrum Naturals, CALOFIC, Ventura Foods, B&G Foods, Inc., Stratas Foods, Bunge, GOLDEN HOPE - NHA BE EDIBLE OILS CO., LTD, Cargill, and Wilmar International Ltd.
Why is the use of vegetable shortening rising in baking?
What is the value of North America vegetable shortening industry?
How much is the vegetable shortening market worth?
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    Base Year: 2023

    Companies covered: 11

    Tables & Figures: 195

    Countries covered: 23

    Pages: 235

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