Shortenings Global Market Report 2024

Shortenings Global Market Report 2024 – By Variant( Solid, Liquid, Cake/Icing, All-purpose), By Source( Vegetables, Animal), By Sales Channels( Direct Sales, Indirect Sales), By End User( HoReCa, Bakery, Confectionery, Processed Food, Household Retail) – Market Size, Trends, And Global Forecast 2024-2033

Name: Shortenings Global Market Report 2024
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Shortenings Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 200 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Shortenings Market Definition

Shortening is a solid fat at room temperature that can be used to give dishes such as pastry a crumbly and crisp texture. Coating the flour in fat stops it from absorbing water, which inhibits the production of gluten and prevents the dish from becoming stretchy and elastic.

The main variants of shortenings are solid, liquid, cake/icing, and all-purpose shortenings. Solid shortenings refer to shortenings or hydrogenated solidified oils that are solids at room temperature. Solid shortenings include lard, margarine, and butter. These are sourced from vegetables and animals and sold through direct sales and indirect sales channel. These are used in HoReCa, bakery, confectionery, processed food, and household retail.

Shortenings Market Segmentation

The shortenings market covered in this report is segmented –

1) By Variant: Solid, Liquid, Cake/Icing, All-purpose

2) By Source: Vegetables, Animal

3) By Sales Channels: Direct Sales, Indirct Sales

4) By End User: HoReCa, Bakery, Confectionery, Processed Food, Household Retail

Global Shortenings Market Size 2023 to 2028: Graph

Shortenings Market Size 2024 And Growth Rate

The shortenings market size has grown steadily in recent years. It will grow from $4.24 billion in 2023 to $4.43 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to traditional culinary practices, bakery and confectionery industry growth, demand for processed foods, rise in fast-food consumption, focus on shelf-life extension, consumer preferences for texture and mouthfeel.

Shortenings Market Growth Forecast

The shortenings market size is expected to see steady growth in the next few years. It will grow to $5.28 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to health-conscious consumer choices, clean label preferences, plant-based and specialty fats, gluten-free and allergen-free products, globalization of culinary preferences. Major trends in the forecast period include innovation in texture-enhancing ingredients, clean frying solutions, packaging innovations for convenience, technological advancements in production, collaborations and partnerships.

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Shortenings Market Driver: Surging Demand For Bakery Product To Drive Market Growth

The increasing demand for bakery products is driving the shortenings market. The bakery industry includes the sales of baked foods such as bread, and cakes. The increasing demand for gourmet products and changing food habits are leading to a rise in bakery products. Shortenings improve bakery products by providing a rumbly and crisp texture and preventing the dish from becoming stretchy and elastic. For instance, in November 2022, according to Agriculture and Agri-Food Canada, a Canada-based department of the government, total global retail sales of baked goods were equal to $425.7 billion in 2022, an increase from $407.2 billion in 2021. Therefore, increasing demand for bakery products will propel the shortenings market.

Shortenings Market Driver: Rise In Online Food Delivery To Drive Market Growth

The increase in online food delivery is expected to propel the growth of shortenings market going forward. Online platforms drive increased demand for baked goods and fried foods, both of which commonly use shortenings. Collaborations between delivery services and local establishments, the convenience of ready-to-eat foods, and the globalization of culinary options contribute to a higher demand for shortenings. Culinary innovation, the expansion of quick-service restaurants (QSRs) online, and the alignment with consumer trends for indulgent foods further fuel the demand for shortenings in the evolving landscape of online food delivery. For instance, in July 2022, according to Zomato Ltd., an India-based food delivery company, in the fiscal year 2022, Zomato fulfilled 535 million orders, marking a substantial 124% increase compared to the previous fiscal year 2021. Therefore, the increase in online food delivery is driving the growth of shortenings market.

Global Shortenings Market Major Players

Major companies operating in the shortenings market report are Cargill Incorporated, Bunge Limited, Wilmar International Limited, Archer Daniels Midland Company, Ventura Foods LLC, AAK AB, Manildra Group, International Foodstuff Company Holdings Limited, Conagra Brands Inc., Stratas Foods LLC, Premium Vegetable Oils Sdn Bhd, Namchow Chemical Industrial Co. Ltd., Fuji Oil Co. Ltd., Kerry Group plc, AarhusKarlshamn AB, Upfield Holdings BV, NMGK Group, BRF SA, Yildiz Holding AS, Mallet & Company Inc., Lonza Group AG, Palsgaard A/S, Walter Rau Neusser Öl und Fett AG, Puratos Group NV, Princes Limited, Zeelandia International BV, Olenex Sàrl, HAS Group, VFI GmbH, COFCO Group Co. Ltd., DuPont Nutrition and Health, Stepan Specialty Products LLC, Fine Organics Limited

Global Shortenings Market Trend: Product Innovations Transforming The Shortenings Market

Product innovation have emerged as a key trend in the shortenings market. Major players in the shortenings market are innovating new products, including vegan, low calorie products, with lower sugar and fat content, to sustain in the market. For instance, in October 2021, Conagra Brands, a US-based packaged goods company, launched Reddi-Wip Zero Sugar. Reddi-Wip Zero Sugar is a creamy-textured, keto-friendly whipped cream topping made with real cream, with zero grams of sugar, zero carbohydrates, and 15 calories per serving. It contains no artificial flavors and it is gluten-free.

Global Shortenings Market Trend: Quality Boosters For Instant Noodles Reshaping The Shortenings Market

Major companies operating in the shortenings market are developing new solutions for instant noodles such as VALTEQ AO to gain a competitive edge in the market. VALTEQ AO combines natural antioxidants and emulsifiers to extend shelf life and enhance overall quality. For instance, in March 2023, Kemin Industries, a US-based biotechnology company launched VALTEQ, a novel line of quality improvers for instant noodles, aiming to enhance the palatability and production efficiency of ready-to-eat food. The liquid product line employs emulsifier solutions, with VALTEQ T offering a smooth texture, bounce, and chewy mouthfeel. VALTEQ AS prevents sticking during processing and cooking, improving production efficiency. The product line addresses challenges faced by manufacturers and responds to the growing demand for instant noodles, offering solutions for optimization, waste reduction, and increased profits.

Shortenings Market Merger And Acquisition: J.M. Smucker Boosts Portfolio With Hostess Brands Acquisition, Expanding Sweet Baked Goods Market Presence.

In November 2023, The J.M. Smucker Company, a US-based food company acquired Hostess Brands Inc. for an undisclosed amount. The acquisition of Hostess Brands by The J.M. Smucker Co. provides a strategic advantage by expanding its family of brands with popular sweet baked snacks, enhancing distribution capabilities, and leveraging synergies to drive sustainable growth in the rapidly expanding sweet baked goods category. Hostess Brands is a US-based bakery company that specializes in the production and distribution of sweet baked goods and snacks.

Regional Outlook For The Global Shortenings Market

North America was the largest region in the shortenings market in 2023. The regions covered in the shortenings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the shortenings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The shortenings market consists of sales of shortenings sourced from tallows, soybeans, cottonseed, kernel oil, and corn oil. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The shortenings market research report is one of a series of new reports from The Business Research Company that provides shortenings market statistics, including shortenings industry global market size, regional shares, competitors with a shortenings market share, detailed shortenings market segments, market trends and opportunities, and any further data you may need to thrive in the shortenings industry. This shortenings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Shortenings Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$4.43 billion
Revenue Forecast In 2033	$5.28 billion
Growth Rate	CAGR of 4.5% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Variant: Solid, Liquid, Cake/Icing, All-purpose 2) By Source: Vegetables, Animal 3) By Sales Channels: Direct Sales, Indirect Sales 4) By End User: HoReCa, Bakery, Confectionery, Processed Food, Household Retail
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Cargill Incorporated; Bunge Limited; Wilmar International Limited; Archer Daniels Midland Company; Ventura Foods LLC; AAK AB; Manildra Group; International Foodstuff Company Holdings Limited; Conagra Brands Inc.; Stratas Foods LLC; Premium Vegetable Oils Sdn Bhd; Namchow Chemical Industrial Co. Ltd.; Fuji Oil Co. Ltd.; Kerry Group PLC; AarhusKarlshamn AB; Upfield Holdings BV; NMGK Group; BRF SA; Yildiz Holding AS; Mallet & Company Inc.; Lonza Group AG; Palsgaard A/S; Walter Rau Neusser Öl und Fett AG; Puratos Group NV; Princes Limited; Zeelandia International BV; Olenex Sàrl; HAS Group; VFI GmbH; COFCO Group Co. Ltd.; DuPont Nutrition and Health; Stepan Specialty Products LLC; Fine Organics Limited
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Shortenings Market Characteristics

3. Shortenings Market Trends And Strategies

4. Shortenings Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Shortenings Market Size and Growth

5.1. Global Shortenings Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Shortenings Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Shortenings Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Shortenings Market Segmentation

6.1. Global Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Solid

Liquid

Cake/Icing

All-purpose

6.2. Global Shortenings Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Vegitables

Animal

6.3. Global Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Direct Sales

Indirect Sales

6.4. Global Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

HoReCa

Bakery

Confectionery

Processed Food

Household Retail

7. Shortenings Market Regional And Country Analysis

7.1. Global Shortenings Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Shortenings Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Shortenings Market

8.1. Asia-Pacific Shortenings Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Shortenings Market

9.1. China Shortenings Market Overview

9.2. China Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Shortenings Market

10.1. India Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Shortenings Market

11.1. Japan Shortenings Market Overview

11.2. Japan Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Shortenings Market

12.1. Australia Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Shortenings Market

13.1. Indonesia Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Shortenings Market

14.1. South Korea Shortenings Market Overview

14.2. South Korea Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Shortenings Market

15.1. Western Europe Shortenings Market Overview

15.2. Western Europe Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Shortenings Market

16.1. UK Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Shortenings Market

17.1. Germany Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Shortenings Market

18.5. France Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Shortenings Market

19.9. Italy Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Shortenings Market

20.13. Spain Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Shortenings Market

21.1. Eastern Europe Shortenings Market Overview

21.2. Eastern Europe Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Shortenings Market

22.1. Russia Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Shortenings Market

23.1. North America Shortenings Market Overview

23.2. North America Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Shortenings Market

24.1. USA Shortenings Market Overview

24.2. USA Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Shortenings Market

25.1. Canada Shortenings Market Overview

25.2. Canada Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Shortenings Market

26.1. South America Shortenings Market Overview

26.2. South America Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Shortenings Market

27.1. Brazil Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Shortenings Market

28.1. Middle East Shortenings Market Overview

28.2. Middle East Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Shortenings Market

29.1. Africa Shortenings Market Overview

29.2. Africa Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Shortenings Market Competitive Landscape And Company Profiles

30.1. Shortenings Market Competitive Landscape

30.2. Shortenings Market Company Profiles

30.2.1. Cargill Incorporated

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Bunge Limited

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Wilmar International Limited

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Archer Daniels Midland Company

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Ventura Foods LLC

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Shortenings Market Competitive Benchmarking

32. Global Shortenings Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Shortenings Market

34. Shortenings Market Future Outlook and Potential Analysis

34.1 Shortenings Market In 2028 - Countries Offering Most New Opportunities

34.2 Shortenings Market In 2028 - Segments Offering Most New Opportunities

34.3 Shortenings Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Shortenings Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Shortenings Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Shortenings Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Cargill Incorporated Financial Performance

Table 76: Bunge Limited Financial Performance

Table 77: Wilmar International Limited Financial Performance

Table 78: Archer Daniels Midland Company Financial Performance

Table 79: Ventura Foods LLC Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Shortenings Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Shortenings Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Shortenings Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Shortenings Market, Segmentation By Varient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Shortenings Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Shortenings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Cargill Incorporated Financial Performance

Figure 76: Bunge Limited Financial Performance

Figure 77: Wilmar International Limited Financial Performance

Figure 78: Archer Daniels Midland Company Financial Performance

Figure 79: Ventura Foods LLC Financial Performance

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Frequently Asked Questions

What is the definition of the shortenings market?

How will the shortenings market drivers and restraints affect the shortenings market dynamics? What forces will shape the shortenings industry going forward?

The shortenings market major growth driver - surging demand for bakery product to drive market growth. For further insights on the shortenings market, request a sample here

What is the forecast market size or the forecast market value of the shortenings market ?

The shortenings market size has grown steadily in recent years. It will grow from $4.24 billion in 2023 to $4.43 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to traditional culinary practices, bakery and confectionery industry growth, demand for processed foods, rise in fast-food consumption, focus on shelf-life extension, consumer preferences for texture and mouthfeel. The shortenings market size is expected to see steady growth in the next few years. It will grow to $5.28 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to health-conscious consumer choices, clean label preferences, plant-based and specialty fats, gluten-free and allergen-free products, globalization of culinary preferences. Major trends in the forecast period include innovation in texture-enhancing ingredients, clean frying solutions, packaging innovations for convenience, technological advancements in production, collaborations and partnerships. For further insights on the shortenings market, request a sample here

How is the shortenings market segmented?

The shortenings market is segmentedThe shortenings market covered in this report is segmented –
1) By Variant: Solid, Liquid, Cake/Icing, All-purpose
2) By Source: Vegetables, Animal
3) By Sales Channels: Direct Sales, Indirct Sales
4) By End User: HoReCa, Bakery, Confectionery, Processed Food, Household RetailFor further insights on the shortenings market, request a sample here

Which region has the largest share of the shortenings market? What are the other regions covered in the report?

North America was the largest region in the shortenings market in 2023. The regions covered in the shortenings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the shortenings market, request a sample here.

Who are the major players in the shortenings market?

What are the key trends in the shortenings market?

Major trend in the shortenings market - product innovations transforming the shortenings market. For further insights on the shortenings market, request a sample here.

What are the major opportunities in the shortenings market? What are the strategies for the shortenings market?

For detailed insights on the major opportunities and strategies in the shortenings market, request a sample here.

How does the shortenings market relate to the overall economy and other similar markets?

For detailed insights on shortenings market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the shortenings industry?

For detailed insights on the mergers and acquisitions in the shortenings industry, request a sample here.

What are the key dynamics influencing the shortenings market growth? SWOT analysis of the shortenings market.

For detailed insights on the key dynamics influencing the shortenings market growth and SWOT analysis of the shortenings industry, request a sample here.