In the world economic growth, the Shortening Fat industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Shortening Fat market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Shortening Fat market size will be further expanded, we expect that by 2024, The market size of the Shortening Fat will reach XXX million $.
Shortening is any fatty material that is used to create crumbly, sassy shortbread and other popular food items. While butter is often used in cooking to create tender, golden pastry, the word shortening often refers to margarine, which is also often used in cooking. There are many varieties of shortening, such as virgin oil (which is the most common form of shortening available in stores), shortening olive oil, and shortening coconut oil. The exact type of shortening you use depends on your recipe and personal preference.
Market Dynamics
Significant growth in the FMCG sector is expected to propel growth of the global shortening fat market over the forecast period. For instance, according to India Brand Equity Foundation, FMCG market in India is expected to grow at a CAGR of 27.86 per cent and is expected to reach US$ 103.70 billion by 2020 from US$ 52.75 billion in FY18.
Increasing demand for prepared and packaged food and products is expected to offer lucrative growth opportunities for players in the global shortening fat market. For instance, according to the U.S Department of Agriculture, export of prepared food from U.S. increased from US$ 5, 849 million in 2015 to US$ 6,682 million in 2019.
However, presence of trans-fatty acids in shortening fat is expected to hinder growth of the global shortening fat market.
Regulatory changes are expected to impact growth of the global shortening fat market. For instance, in February 2021, The Food Safety and Standards Authority of India stated that all food items should contain less than 2 per cent of trans fat from Jan 2022. Earlier in December 2020, the food standards authority notified rules that trans fats in oil and fats used for processing food should contain 3 per cent or less trans fats by January 2021, and 2 per cent or less trans fats by January 2022.
Key Takeaways
- Significant growth in the FMCG sector is expected to propel growth of the global shortening fat market over the forecast period
- Major players operating in the global shortening fat market are focused on adopting various marketing strategies to enhance their market share. For instance, in 2020, AAK USA Inc. demonstrated its latest specialty fat solutions at ShIFT20 with a menu of seven sample items.
- Major players operating in the global shortening fat market include, Unilever, Bunge, NMGK Group, ConAgra, Zydus Cadila, AAK USA Inc., Wilmar-International, Fuji Oil, BRF, Yidiz Holding, Grupo Lala, NamChow, Sunnyfoods, Cargill, COFCO, Uni-President, Mengniu, Yili, Brightdairy, and Dairy Cres
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
Unilever
Bunge
NMGK Group
ConAgra
Zydus Cadila
Wilmar-International
Fuji Oil
BRF
Yidiz Holding
Grupo Lala
NamChow
Sunnyfoods
Cargill
COFCO
Uni-President
Mengniu
Yili
Brightdairy
Dairy Cres
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
From Soybeans
From Rapeseeds
From Sunflower Seed
From Palm and Palmkernel
From Maize
Industry Segmentation
Confectionary
Ice Cream
Snacks
Bakery
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
Table of Contents
Section 1 Shortening Fat Product Definition
Section 2 Global Shortening Fat Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Shortening Fat Shipments
2.2 Global Manufacturer Shortening Fat Business Revenue
2.3 Global Shortening Fat Market Overview
Section 3 Manufacturer Shortening Fat Business Introduction
3.1 Unilever Shortening Fat Business Introduction
3.1.1 Unilever Shortening Fat Shipments, Price, Revenue and Gross profit 2014-2019
3.1.2 Unilever Shortening Fat Business Distribution by Region
3.1.3 Unilever Interview Record
3.1.4 Unilever Shortening Fat Business Profile
3.1.5 Unilever Shortening Fat Product Specification
3.2 Bunge Shortening Fat Business Introduction
3.2.1 Bunge Shortening Fat Shipments, Price, Revenue and Gross profit 2014-2019
3.2.2 Bunge Shortening Fat Business Distribution by Region
3.2.3 Interview Record
3.2.4 Bunge Shortening Fat Business Overview
3.2.5 Bunge Shortening Fat Product Specification
3.3 NMGK Group Shortening Fat Business Introduction
3.3.1 NMGK Group Shortening Fat Shipments, Price, Revenue and Gross profit 2014-2019
3.3.2 NMGK Group Shortening Fat Business Distribution by Region
3.3.3 Interview Record
3.3.4 NMGK Group Shortening Fat Business Overview
3.3.5 NMGK Group Shortening Fat Product Specification
3.4 ConAgra Shortening Fat Business Introduction
3.5 Zydus Cadila Shortening Fat Business Introduction
3.6 Wilmar-International Shortening Fat Business Introduction
…
Section 4 Global Shortening Fat Market Segmentation (Region Level)
4.1 North America Country
4.1.1 United States Shortening Fat Market Size and Price Analysis 2014-2019
4.1.2 Canada Shortening Fat Market Size and Price Analysis 2014-2019
4.2 South America Country
4.2.1 South America Shortening Fat Market Size and Price Analysis 2014-2019
4.3 Asia Country
4.3.1 China Shortening Fat Market Size and Price Analysis 2014-2019
4.3.2 Japan Shortening Fat Market Size and Price Analysis 2014-2019
4.3.3 India Shortening Fat Market Size and Price Analysis 2014-2019
4.3.4 Korea Shortening Fat Market Size and Price Analysis 2014-2019
4.4 Europe Country
4.4.1 Germany Shortening Fat Market Size and Price Analysis 2014-2019
4.4.2 UK Shortening Fat Market Size and Price Analysis 2014-2019
4.4.3 France Shortening Fat Market Size and Price Analysis 2014-2019
4.4.4 Italy Shortening Fat Market Size and Price Analysis 2014-2019
4.4.5 Europe Shortening Fat Market Size and Price Analysis 2014-2019
4.5 Other Country and Region
4.5.1 Middle East Shortening Fat Market Size and Price Analysis 2014-2019
4.5.2 Africa Shortening Fat Market Size and Price Analysis 2014-2019
4.5.3 GCC Shortening Fat Market Size and Price Analysis 2014-2019
4.6 Global Shortening Fat Market Segmentation (Region Level) Analysis 2014-2019
4.7 Global Shortening Fat Market Segmentation (Region Level) Analysis
Section 5 Global Shortening Fat Market Segmentation (Product Type Level)
5.1 Global Shortening Fat Market Segmentation (Product Type Level) Market Size 2014-2019
5.2 Different Shortening Fat Product Type Price 2014-2019
5.3 Global Shortening Fat Market Segmentation (Product Type Level) Analysis
Section 6 Global Shortening Fat Market Segmentation (Industry Level)
6.1 Global Shortening Fat Market Segmentation (Industry Level) Market Size 2014-2019
6.2 Different Industry Price 2014-2019
6.3 Global Shortening Fat Market Segmentation (Industry Level) Analysis
Section 7 Global Shortening Fat Market Segmentation (Channel Level)
7.1 Global Shortening Fat Market Segmentation (Channel Level) Sales Volume and Share 2014-2019
7.2 Global Shortening Fat Market Segmentation (Channel Level) Analysis
Section 8 Shortening Fat Market Forecast 2019-2024
8.1 Shortening Fat Segmentation Market Forecast (Region Level)
8.2 Shortening Fat Segmentation Market Forecast (Product Type Level)
8.3 Shortening Fat Segmentation Market Forecast (Industry Level)
8.4 Shortening Fat Segmentation Market Forecast (Channel Level)
Section 9 Shortening Fat Segmentation Product Type
9.1 From Soybeans Product Introduction
9.2 From Rapeseeds Product Introduction
9.3 From Sunflower Seed Product Introduction
9.4 From Palm and Palmkernel Product Introduction
9.5 From Maize Product Introduction
Section 10 Shortening Fat Segmentation Industry
10.1 Confectionary Clients
10.2 Ice Cream Clients
10.3 Snacks Clients
10.4 Bakery Clients
Section 11 Shortening Fat Cost of Production Analysis
11.1 Raw Material Cost Analysis
11.2 Technology Cost Analysis
11.3 Labor Cost Analysis
11.4 Cost Overview
Section 12 Conclusion
Chart and Figure
Figure Shortening Fat Product Picture from Unilever
Chart 2014-2019 Global Manufacturer Shortening Fat Shipments (Units)
Chart 2014-2019 Global Manufacturer Shortening Fat Shipments Share
Chart 2014-2019 Global Manufacturer Shortening Fat Business Revenue (Million USD)
Chart 2014-2019 Global Manufacturer Shortening Fat Business Revenue Share
Chart Unilever Shortening Fat Shipments, Price, Revenue and Gross profit 2014-2019
Chart Unilever Shortening Fat Business Distribution
Chart Unilever Interview Record (Partly)
Figure Unilever Shortening Fat Product Picture
Chart Unilever Shortening Fat Business Profile
Table Unilever Shortening Fat Product Specification
Chart Bunge Shortening Fat Shipments, Price, Revenue and Gross profit 2014-2019
Chart Bunge Shortening Fat Business Distribution
Chart Bunge Interview Record (Partly)
Figure Bunge Shortening Fat Product Picture
Chart Bunge Shortening Fat Business Overview
Table Bunge Shortening Fat Product Specification
Chart NMGK Group Shortening Fat Shipments, Price, Revenue and Gross profit 2014-2019
Chart NMGK Group Shortening Fat Business Distribution
Chart NMGK Group Interview Record (Partly)
Figure NMGK Group Shortening Fat Product Picture
Chart NMGK Group Shortening Fat Business Overview
Table NMGK Group Shortening Fat Product Specification
3.4 ConAgra Shortening Fat Business Introduction
…
Chart United States Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart United States Shortening Fat Sales Price ($/Unit) 2014-2019
Chart Canada Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Canada Shortening Fat Sales Price ($/Unit) 2014-2019
Chart South America Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart South America Shortening Fat Sales Price ($/Unit) 2014-2019
Chart China Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart China Shortening Fat Sales Price ($/Unit) 2014-2019
Chart Japan Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Japan Shortening Fat Sales Price ($/Unit) 2014-2019
Chart India Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart India Shortening Fat Sales Price ($/Unit) 2014-2019
Chart Korea Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Korea Shortening Fat Sales Price ($/Unit) 2014-2019
Chart Germany Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Germany Shortening Fat Sales Price ($/Unit) 2014-2019
Chart UK Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart UK Shortening Fat Sales Price ($/Unit) 2014-2019
Chart France Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart France Shortening Fat Sales Price ($/Unit) 2014-2019
Chart Italy Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Italy Shortening Fat Sales Price ($/Unit) 2014-2019
Chart Europe Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Europe Shortening Fat Sales Price ($/Unit) 2014-2019
Chart Middle East Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Middle East Shortening Fat Sales Price ($/Unit) 2014-2019
Chart Africa Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Africa Shortening Fat Sales Price ($/Unit) 2014-2019
Chart GCC Shortening Fat Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart GCC Shortening Fat Sales Price ($/Unit) 2014-2019
Chart Global Shortening Fat Market Segmentation (Region Level) Sales Volume 2014-2019
Chart Global Shortening Fat Market Segmentation (Region Level) Market size 2014-2019
Chart Shortening Fat Market Segmentation (Product Type Level) Volume (Units) 2014-2019
Chart Shortening Fat Market Segmentation (Product Type Level) Market Size (Million $) 2014-2019
Chart Different Shortening Fat Product Type Price ($/Unit) 2014-2019
Chart Shortening Fat Market Segmentation (Industry Level) Market Size (Volume) 2014-2019
Chart Shortening Fat Market Segmentation (Industry Level) Market Size (Share) 2014-2019
Chart Shortening Fat Market Segmentation (Industry Level) Market Size (Value) 2014-2019
Chart Global Shortening Fat Market Segmentation (Channel Level) Sales Volume (Units) 2014-2019
Chart Global Shortening Fat Market Segmentation (Channel Level) Share 2014-2019
Chart Shortening Fat Segmentation Market Forecast (Region Level) 2019-2024
Chart Shortening Fat Segmentation Market Forecast (Product Type Level) 2019-2024
Chart Shortening Fat Segmentation Market Forecast (Industry Level) 2019-2024
Chart Shortening Fat Segmentation Market Forecast (Channel Level) 2019-2024
Chart From Soybeans Product Figure
Chart From Soybeans Product Advantage and Disadvantage Comparison
Chart From Rapeseeds Product Figure
Chart From Rapeseeds Product Advantage and Disadvantage Comparison
Chart From Sunflower Seed Product Figure
Chart From Sunflower Seed Product Advantage and Disadvantage Comparison
Chart From Palm and Palmkernel Product Figure
Chart From Palm and Palmkernel Product Advantage and Disadvantage Comparison
Chart From Maize Product Figure
Chart From Maize Product Advantage and Disadvantage Comparison
Chart Confectionary Clients
Chart Ice Cream Clients
Chart Snacks Clients
Chart Bakery Clients
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