According to a market report by Lucintel, the future of the global shortening fat market looks promising with opportunities in the bakery, confectionery, snack & savoury, ice cream & frozen dessert, ready meal & processed food, and sauce & dressing markets. The global shortening fat market is expected to reach an estimated $7 billion by 2035 with a CAGR of 4% from 2026 to 2035. The major drivers for this market are the increasing demand for bakery shortening fats, the rising consumption of processed food products, and the growing use of fats in confectionery applications.
A more
than 150-page report to understand trends, opportunity and forecast in global shortening
fat market to 2035 by source type (vegetable based, animal based, and others),
application (bakery, confectionery, snacks & savoury, ice cream &
frozen desserts, ready meals & processed foods, sauces & dressings, and
others), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel
forecasts that, within the source type category, vegetable based is expected to
witness higher growth over the forecast period due to rising demand for
plant-based, vegan, and trans-fat-free alternatives.
Within the
application category, processed foods is expected to witness the highest growth
due to increasing consumer preference for shelf-stable, convenient packaged
food options.
Download
sample by clicking on shortening fat
market.
In terms
of regions, APAC is expected to witness the highest growth over the forecast
period due to rapid urbanization, changing dietary habits, and growing bakery
consumption.
Cargill,
Incorporated, Archer Daniels Midland Company, Bunge Global SA, Wilmar
International Limited, AAK AB, Ventura Foods, Musim Mas Holdings, Sime Darby
Oils, Fuji Oil Holdings, Stratas Foods are the major suppliers in the shortening fat market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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