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Premium Report Details
Base Year: 2023
Companies covered: 11
Tables & Figures: 195
Countries covered: 23
Pages: 235
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Vegetable Shortening Market
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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.