Shortenings Market Outlook (2022-2032) 

[324 Pages Report] The global shortenings market is expected to reach market valuation of USD 7.3 Billion by the year 2032, flourishing at a CAGR of 4.0% by 2022 to 2032, while it is valued at US$ 4.9 billion in 2022. Thus, the global demand for cheese is anticipated to soar impressively in forthcoming years to grow at a CAGR of 4.0% in contrast to the CAGR of 3.3% during 2017 and 2021.

Sales of shortenings are likely to account for ~6.7% of the demand in the global food additives market, valued at USD 73 Billion in 2021.

Attributes Details
Shortenings Market Size (2022E) USD 4.9 Billion
Shortenings Market Projected Size (2032F) USD 7.3 Billion
Value CAGR (2022 to 2032) 4.0%
Top 3 Countries Market Share 38.8%

Global study on shortenings market states that shortenings have been growing in popularity among bakeries and food processors around the world in recent years. Texture, nutritional content, high melting point, and appearance are just a few of the advantages that shortenings provide in baked goods preparations, increasing the sales of shortenings.

As a result, shortenings are gaining popularity among producers of the products in which they are used, which is driving demand for the shortenings globally. In addition, the rise in popularity of home baking during the lockdown and its aftermath has increased shortening market size. 

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How Does Shortenings Market Historic and Future Outlook Compare?  

Shortenings market analysis explains sales of shortenings are increasing with the demand for traditional bakery products has dwindled in the mature markets of the Americas, prompting bakery makers to expand and experiment with gluten-free and high-fiber products, particularly in the North American market. This pushes the sales of shortenings in new market spaces.

Shortenings market survey explains that the bakery and confectionery business, particularly in Asian countries, is thriving and increasing at a rapid pace. Café culture and specialized bakery businesses have proliferated across Asia, the Middle East, and Africa as a result of people adopting Western lifestyles and eating habits. The global shortenings market is looking up because to a shift in consumer eating patterns and easy availability.

Furthermore, the global shortenings market is largely driven by the rising popularity of chocolate. Chocolate is growing more popular as a stress reliever and mood lifter, which has influenced the demand for shortenings.

Thus, the global demand for cheese is anticipated to soar impressively in forthcoming years to grow at a CAGR of 4.0% in contrast to the CAGR of 3.3% during 2017 and 2021. The analysis explains the

Shortenings Market

How Growing Demand for Ready-to-Eat Bakery Driving Shortenings Market Growth? 

Shortenings market future trends displays that the growing demand for shortenings is attributed to the proliferating need of ready-to-eat foods develops, so will the sales of shortenings. The shift from home-cooked meals to convenience foods has increased the demand for bakery ingredients such as shortenings.

The adoption of a westernized lifestyle, as well as a focus on healthier lifestyles and improved nutrition, are the key drivers of the baked foods industry's rise, which will boost shortening demand. Furthermore, increased consumer demand for baked goods that are low in sugar, whole grain, and contain no trans-fat per serving is driving up bakery food demand, expanding the shortenings market size.

Nandini Roy Choudhury
Nandini Roy Choudhury

Principal Consultant

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Country-wise Insights 

What is Driving the US Shortenings Market?

Shortening market demand analysis shows that one of the main factors fueling the growth of the US shortenings market is the rising demand for convenience foods. The consumption of bakery items has increased across the country as a result of tight schedules and changing dietary habits.

Furthermore, increased consumer nutritional awareness and the availability of organic baking ingredients have aided expansion of shortening market size.  

How Increased Domestic Production of Bakery Goods Impacting the Demand for Shortenings in India?

Bakery, as one of India's largest FMCG businesses, offers high profit margins to market players, resulting in ongoing business expansion, particularly in the small-scale bakery industry.

In recent years, the industry has seen exponential expansion in the number of bakery openings, reflecting a proportional increase in bakery goods production, which has resulted in higher shortenings demand. As per FMI analysis, the volume production of bakery and confectionery products, in India, increased 1.2 times in 2021, as compared to 2020.

What is the Driving the Demand for Shortenings in UK and Germany?

Shortenings market opportunities involve bakery ingredients that are widely available in Europe, with the United Kingdom and Germany dominating the market. Growing concerns about animal cruelty and environmental sustainability, as well as healthy eating habits, provide an opportunity to investigate the shortenings and bakery ingredients markets by including plant-based functional ingredients. That enhances the equation of shortenings products including cheese-based products, empowering the demand for shortenings globally.

Thus, changing consumer preference in food consumption escalates shortenings demand around the European market and specifically in Germany and UK which together hold more than 35% of the European shortenings market in the end of year 2021, increasing the demand for shortenings.

Category-wise Insights 

Will Organic Shortenings Pave the Impact into the Existing Market?

Shortening market report states that expanding organic movement, which includes public knowledge of the benefits of organic food products, is driving the development of organic shortenings. Bakery foods are among the most widely consumed foods on the planet, and the growing demand for organic foods has fueled demand for organic bakery goods, paving the way for organic shortenings, increasing the sales of shortenings.

Furthermore, customers are becoming more aware of food labeling and the consequences of using preservatives and pesticides, which has created a better potential for organic bakery ingredients and organic shortenings to expand at a pace of 5.2%.

Are Plant-based Ingredients Future of the Ingredient and Shortenings Market?

New market research report on shortenings market explains that environmental concerns have arisen as a result of the consumption of animal-based meals. Furthermore, some customers oppose to the use of animals in food items due to ethical concerns. Veganism and vegetarianism are promoted to consumers for a variety of reasons, including the environment, animal welfare, and personal health. This pushes the sales of shortenings globally.

Shortenings market trends and forecast involve Plant-based milk and plant-based meat have the largest market for plant-based foods. The need for vegan baking ingredients may rise as the market for plant-based bakery products such as vegan cake, muffins, bread, and buns grows, fueling the demand for shortenings.

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Competitive Landscape 

Consumer demand for low-fat, low-calorie bakery items is on the rise, thanks to millennials. Consumers have less time for physical activities as a result of their sedentary lifestyle. They prefer low-calorie, low-fat food products to maintain their body weight, increasing the sales of Citrus fiber, powdered cellulose, maltodextrin, corn fibers, and other alternative additives are being used by manufacturers to lower fat and calorie intake, pushing the sales of shortenings.

Furthermore, the increasing vegetarianism trend is having a big impact on the bakery ingredients market. The growing relevance of animal welfare and environmental sustainability is driving the vegan trend in the industry, with Europe accounting for a higher share of the vegan market, increasing the demand for shortenings. Manufacturers employ natural functional ingredients such as citrus fiber and others to improve texture, taste, and reduce fat content by replacing egg, oil, and other components, flourishing the demand for shortenings.

As a result, innovation in bakery ingredients to address health-related issues and ongoing consumer food trends for health and wellbeing is accelerating, providing an additional opportunity for the bakery ingredients market in the forecasting period.

  • Stratas foods has introduced new type of shortenings and oils that enhances the baking applications, coming with packaging and bottle size for shelf and consumer applications, increasing the demand for shortenings.
  • Bunge has introduced the its new batch of shortenings including La Nuestra that can be used as multi-purpose shortening. It can be used in different types of traditional and industrial bakery, flourishing the sales of shortenings.

Report Scope

Attributes Details
CAGR% (2022 to 2032) 4.0%
Forecast Period 2022 to 2032
Historical Data Available for 2017 to 2022
Market Analysis USD Million for Value and MT for Volume
Key Regions Covered North America, Latin America, Europe, East Asia, South Asia, and the Middle East & Africa
Key Countries Covered USA, Brazil, Mexico, Germany, UK, China, India, Japan, Australia, and GCC Countries
Key Segments Covered Nature, Source, Form, End-Use, Sales Channel, and Region
Key Companies Profiled
  • Cargill Incorporated
  • Mallet & Company, Inc.
  • Lonza Group AG
  • Bunge Limited
  • Archer Daniels Midland Company
  • Palsgaard,
  • RIKEN VITAMIN Co., Ltd.
  • Natu’oil Services Inc.
  • Western Pacific Oils Inc.
  • Agarwal Industries Pvt. Ltd.
  • AAK Kamani Pvt Ltd.
  • Roberts Manufacturing Co. Limited
  • Stratas Foods
  • Carotino SDN BHD
  • PT. ICC Indonesia
  • THE J.M. Smucker Company
  • Edible Oils Ltd.
  • Other
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

Shortenings Market by Category 

By Nature :

  • Organic
  • Conventional

By Source :

  • Palm Oil
  • Soybeans Oil
  • Sunflower Seed Oil
  • Maize
  • Groundnut Oil
  • Coconut Oil
  • Lard
  • Butter
  • Others (Castor Oil, Linseed Oil, etc

By Form :

  • Powder
  • Block

By End Use :

  • HoReCa
  • Bakery
  • Confectionary
  • Processed Food
  • Household Retail
  • Others (Snacks and Savory, etc

By Sales Channel :

  • Business to Business
  • Business to Consumers
    • Modern Trade
    • Convenience Stores
    • Specialty Food Stores
    • Wholesale Stores
    • Discount Stores
    • Online Retail
    • Other Retail Formats

By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle east and Africa

Frequently Asked Questions

How Big is the Shortenings Market?

The shortenings market will reach nearly USD 4.9 Bn by 2022.

How Much Does Shortenings Contribute to Food Additives Market?

Shortenings accounted for 6.7% of sales in the global food additives market in 2021.

What is the North America Shortenings Market Outlook?

The North America shortenings market is expected to register a 2.6% CAGR between 2021 and 2031.

At What Rate will Shortenings Demand Grow in Europe?

The demand for shortenings is expected to grow at 3.4% CAGR between 2022 and 2031.

At What Rate Will Shortenings Demand Grow in Japan?

The Japan shortenings market will grow at 4.9% CAGR between 2022 and 2031.

Table of Content
1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Product launches & Recent Developments

    3.4. Product Life Cycle Analysis

    3.5. Value Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. % of Operating Margin Analysis

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Global Shortening Market - Pricing Analysis

        3.6.1. Price Point Assessment by Region

        3.6.2. Price Point Assessment by Source

        3.6.3. Price Forecast till 2032

        3.6.4. Factors affecting pricing

    3.7. Forecast Factors - Relevance & Impact

    3.8. Regulatory Landscape

        3.8.1. Packaging & Labelling Regulations

        3.8.2. Certifications and Certifying Agency Overview

        3.8.3. Import/Export Policies

    3.9. Production and Consumption Statistics

    3.10. Import and Export Statistics

    3.11. Consumers Survey Analysis

    3.12. Macro-Economic Factors

    3.13. Product Claims & Nutritional Information Scan by Buyers

4. Global Shortening Market Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis, 2017-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (MT) Projections, 2022-2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Nature

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Nature, 2017-2021

    5.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Nature, 2022-2032

        5.3.1. Organic

        5.3.2. Conventional

    5.4. Y-o-Y Growth Trend Analysis By Nature, 2017-2021

    5.5. Absolute $ Opportunity Analysis By Nature, 2022-2032

6. Global Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Source

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Source, 2017-2021

    6.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Source, 2022-2032

        6.3.1. Palm Oil

        6.3.2. Soybeans Oil

        6.3.3. Sunflower Seed Oil

        6.3.4. Maize

        6.3.5. Groundnut Oil

        6.3.6. Coconut Oil

        6.3.7. Lard

        6.3.8. Butter

        6.3.9. Others (Castor Oil, Linseed Oil, etc)

    6.4. Y-o-Y Growth Trend Analysis By Source, 2017-2021

    6.5. Absolute $ Opportunity Analysis By Source, 2022-2032

7. Global Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Form

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Form, 2017-2021

    7.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Form, 2022-2032

        7.3.1. Powder

        7.3.2. Block

    7.4. Y-o-Y Growth Trend Analysis By Form, 2017-2021

    7.5. Absolute $ Opportunity Analysis By Form, 2022-2032

8. Global Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By End Use

    8.1. Introduction / Key Findings

    8.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By End Use, 2017-2021

    8.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By End Use, 2022-2032

        8.3.1. HoReCa

        8.3.2. Bakery

        8.3.3. Confectionary

        8.3.4. Processed Food

        8.3.5. Household Retail

        8.3.6. Others (Snacks and Savory, etc)

    8.4. Y-o-Y Growth Trend Analysis By End Use, 2017-2021

    8.5. Absolute $ Opportunity Analysis By End Use, 2022-2032

9. Global Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Sales Channel

    9.1. Introduction / Key Findings

    9.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Sales Channel, 2017-2021

    9.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Sales Channel, 2022-2032

        9.3.1. Business to Business

        9.3.2. Business to Consumers

            9.3.2.1. Modern Trade

            9.3.2.2. Convenience Stores

            9.3.2.3. Specialty Food Stores

            9.3.2.4. Wholesale Stores

            9.3.2.5. Discount Stores

            9.3.2.6. Online Retail

            9.3.2.7. Other Retail Formats

    9.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2017-2021

    9.5. Absolute $ Opportunity Analysis By Sales Channel, 2022-2032

10. Global Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Region

    10.1. Introduction

    10.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Region, 2017-2021

    10.3. Current Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Region, 2022-2032

        10.3.1. North America

        10.3.2. Latin America

        10.3.3. Europe

        10.3.4. East Asia

        10.3.5. South Asia

        10.3.6. Oceania

        10.3.7. MEA

    10.4. Market Attractiveness Analysis By Region

11. North America Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    11.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021

    11.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032

        11.2.1. By Country

            11.2.1.1. U.S.

            11.2.1.2. Canada

        11.2.2. By Nature

        11.2.3. By Source

        11.2.4. By Form

        11.2.5. By End Use

        11.2.6. By Sales Channel

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Nature

        11.3.3. By Source

        11.3.4. By Form

        11.3.5. By End Use

        11.3.6. By Sales Channel

    11.4. Key Takeaways

12. Latin America Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    12.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021

    12.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032

        12.2.1. By Country

            12.2.1.1. Brazil

            12.2.1.2. Mexico

            12.2.1.3. Argentina

            12.2.1.4. Chile

            12.2.1.5. Peru

            12.2.1.6. Rest of Latin America

        12.2.2. By Nature

        12.2.3. By Source

        12.2.4. By Form

        12.2.5. By End Use

        12.2.6. By Sales Channel

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Nature

        12.3.3. By Source

        12.3.4. By Form

        12.3.5. By End Use

        12.3.6. By Sales Channel

    12.4. Key Takeaways

13. Europe Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    13.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021

    13.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032

        13.2.1. By Country

            13.2.1.1. Germany

            13.2.1.2. Italy

            13.2.1.3. France

            13.2.1.4. U.K.

            13.2.1.5. Spain

            13.2.1.6. Russia

            13.2.1.7. BENELUX

            13.2.1.8. Poland

            13.2.1.9. Nordic Countries

            13.2.1.10. Rest of Europe

        13.2.2. By Nature

        13.2.3. By Source

        13.2.4. By Form

        13.2.5. By End Use

        13.2.6. By Sales Channel

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Nature

        13.3.3. By Source

        13.3.4. By Form

        13.3.5. By End Use

        13.3.6. By Sales Channel

    13.4. Key Takeaways

14. East Asia Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    14.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021

    14.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032

        14.2.1. By Country

            14.2.1.1. China

            14.2.1.2. Japan

            14.2.1.3. South Korea

        14.2.2. By Nature

        14.2.3. By Source

        14.2.4. By Form

        14.2.5. By End Use

        14.2.6. By Sales Channel

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Nature

        14.3.3. By Source

        14.3.4. By Form

        14.3.5. By End Use

        14.3.6. By Sales Channel

    14.4. Key Takeaways

15. South Asia Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    15.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021

    15.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032

        15.2.1. By Country

            15.2.1.1. India

            15.2.1.2. Thailand

            15.2.1.3. Malaysia

            15.2.1.4. Indonesia

            15.2.1.5. Singapore

            15.2.1.6. Rest of South Asia

        15.2.2. By Nature

        15.2.3. By Source

        15.2.4. By Form

        15.2.5. By End Use

        15.2.6. By Sales Channel

    15.3. Market Attractiveness Analysis

        15.3.1. By Country

        15.3.2. By Nature

        15.3.3. By Source

        15.3.4. By Form

        15.3.5. By End Use

        15.3.6. By Sales Channel

    15.4. Key Takeaways

16. Oceania Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    16.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021

    16.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032

        16.2.1. By Country

            16.2.1.1. Australia

            16.2.1.2. New Zealand

        16.2.2. By Nature

        16.2.3. By Source

        16.2.4. By Form

        16.2.5. By End Use

        16.2.6. By Sales Channel

    16.3. Market Attractiveness Analysis

        16.3.1. By Country

        16.3.2. By Nature

        16.3.3. By Source

        16.3.4. By Form

        16.3.5. By End Use

        16.3.6. By Sales Channel

    16.4. Key Takeaways

17. MEA Shortening Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    17.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021

    17.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032

        17.2.1. By Country

            17.2.1.1. GCC Countries

            17.2.1.2. South Africa

            17.2.1.3. Central Africa

            17.2.1.4. North Africa

        17.2.2. By Nature

        17.2.3. By Source

        17.2.4. By Form

        17.2.5. By End Use

        17.2.6. By Sales Channel

    17.3. Market Attractiveness Analysis

        17.3.1. By Country

        17.3.2. By Nature

        17.3.3. By Source

        17.3.4. By Form

        17.3.5. By End Use

        17.3.6. By Sales Channel

    17.4. Key Takeaways

18. Key Countries Shortening Market Analysis

    18.1. U.S.

        18.1.1. Pricing Analysis

        18.1.2. Market Share Analysis, 2021

            18.1.2.1. By Nature

            18.1.2.2. By Source

            18.1.2.3. By Form

            18.1.2.4. By End Use

            18.1.2.5. By Sales Channel

    18.2. Canada

        18.2.1. Pricing Analysis

        18.2.2. Market Share Analysis, 2021

            18.2.2.1. By Nature

            18.2.2.2. By Source

            18.2.2.3. By Form

            18.2.2.4. By End Use

            18.2.2.5. By Sales Channel

    18.3. Brazil

        18.3.1. Pricing Analysis

        18.3.2. Market Share Analysis, 2021

            18.3.2.1. By Nature

            18.3.2.2. By Source

            18.3.2.3. By Form

            18.3.2.4. By End Use

            18.3.2.5. By Sales Channel

    18.4. Mexico

        18.4.1. Pricing Analysis

        18.4.2. Market Share Analysis, 2021

            18.4.2.1. By Nature

            18.4.2.2. By Source

            18.4.2.3. By Form

            18.4.2.4. By End Use

            18.4.2.5. By Sales Channel

    18.5. Argentina

        18.5.1. Pricing Analysis

        18.5.2. Market Share Analysis, 2021

            18.5.2.1. By Nature

            18.5.2.2. By Source

            18.5.2.3. By Form

            18.5.2.4. By End Use

            18.5.2.5. By Sales Channel

    18.6. Chile

        18.6.1. Pricing Analysis

        18.6.2. Market Share Analysis, 2021

            18.6.2.1. By Nature

            18.6.2.2. By Source

            18.6.2.3. By Form

            18.6.2.4. By End Use

            18.6.2.5. By Sales Channel

    18.7. Peru

        18.7.1. Pricing Analysis

        18.7.2. Market Share Analysis, 2021

            18.7.2.1. By Nature

            18.7.2.2. By Source

            18.7.2.3. By Form

            18.7.2.4. By End Use

            18.7.2.5. By Sales Channel

    18.8. Germany

        18.8.1. Pricing Analysis

        18.8.2. Market Share Analysis, 2021

            18.8.2.1. By Nature

            18.8.2.2. By Source

            18.8.2.3. By Form

            18.8.2.4. By End Use

            18.8.2.5. By Sales Channel

    18.9. Italy

        18.9.1. Pricing Analysis

        18.9.2. Market Share Analysis, 2021

            18.9.2.1. By Nature

            18.9.2.2. By Source

            18.9.2.3. By Form

            18.9.2.4. By End Use

            18.9.2.5. By Sales Channel

    18.10. France

        18.10.1. Pricing Analysis

        18.10.2. Market Share Analysis, 2021

            18.10.2.1. By Nature

            18.10.2.2. By Source

            18.10.2.3. By Form

            18.10.2.4. By End Use

            18.10.2.5. By Sales Channel

    18.11. Spain

        18.11.1. Pricing Analysis

        18.11.2. Market Share Analysis, 2021

            18.11.2.1. By Nature

            18.11.2.2. By Source

            18.11.2.3. By Form

            18.11.2.4. By End Use

            18.11.2.5. By Sales Channel

    18.12. U.K.

        18.12.1. Pricing Analysis

        18.12.2. Market Share Analysis, 2021

            18.12.2.1. By Nature

            18.12.2.2. By Source

            18.12.2.3. By Form

            18.12.2.4. By End Use

            18.12.2.5. By Sales Channel

    18.13. Russia

        18.13.1. Pricing Analysis

        18.13.2. Market Share Analysis, 2021

            18.13.2.1. By Nature

            18.13.2.2. By Source

            18.13.2.3. By Form

            18.13.2.4. By End Use

            18.13.2.5. By Sales Channel

    18.14. Poland

        18.14.1. Pricing Analysis

        18.14.2. Market Share Analysis, 2021

            18.14.2.1. By Nature

            18.14.2.2. By Source

            18.14.2.3. By Form

            18.14.2.4. By End Use

            18.14.2.5. By Sales Channel

    18.15. BENELUX

        18.15.1. Pricing Analysis

        18.15.2. Market Share Analysis, 2021

            18.15.2.1. By Nature

            18.15.2.2. By Source

            18.15.2.3. By Form

            18.15.2.4. By End Use

            18.15.2.5. By Sales Channel

    18.16. Nordic Countries

        18.16.1. Pricing Analysis

        18.16.2. Market Share Analysis, 2021

            18.16.2.1. By Nature

            18.16.2.2. By Source

            18.16.2.3. By Form

            18.16.2.4. By End Use

            18.16.2.5. By Sales Channel

    18.17. China

        18.17.1. Pricing Analysis

        18.17.2. Market Share Analysis, 2021

            18.17.2.1. By Nature

            18.17.2.2. By Source

            18.17.2.3. By Form

            18.17.2.4. By End Use

            18.17.2.5. By Sales Channel

    18.18. Japan

        18.18.1. Pricing Analysis

        18.18.2. Market Share Analysis, 2021

            18.18.2.1. By Nature

            18.18.2.2. By Source

            18.18.2.3. By Form

            18.18.2.4. By End Use

            18.18.2.5. By Sales Channel

    18.19. South Korea

        18.19.1. Pricing Analysis

        18.19.2. Market Share Analysis, 2021

            18.19.2.1. By Nature

            18.19.2.2. By Source

            18.19.2.3. By Form

            18.19.2.4. By End Use

            18.19.2.5. By Sales Channel

    18.20. India

        18.20.1. Pricing Analysis

        18.20.2. Market Share Analysis, 2021

            18.20.2.1. By Nature

            18.20.2.2. By Source

            18.20.2.3. By Form

            18.20.2.4. By End Use

            18.20.2.5. By Sales Channel

    18.21. Thailand

        18.21.1. Pricing Analysis

        18.21.2. Market Share Analysis, 2021

            18.21.2.1. By Nature

            18.21.2.2. By Source

            18.21.2.3. By Form

            18.21.2.4. By End Use

            18.21.2.5. By Sales Channel

    18.22. Indonesia

        18.22.1. Pricing Analysis

        18.22.2. Market Share Analysis, 2021

            18.22.2.1. By Nature

            18.22.2.2. By Source

            18.22.2.3. By Form

            18.22.2.4. By End Use

            18.22.2.5. By Sales Channel

    18.23. Malaysia

        18.23.1. Pricing Analysis

        18.23.2. Market Share Analysis, 2021

            18.23.2.1. By Nature

            18.23.2.2. By Source

            18.23.2.3. By Form

            18.23.2.4. By End Use

            18.23.2.5. By Sales Channel

    18.24. Singapore

        18.24.1. Pricing Analysis

        18.24.2. Market Share Analysis, 2021

            18.24.2.1. By Nature

            18.24.2.2. By Source

            18.24.2.3. By Form

            18.24.2.4. By End Use

            18.24.2.5. By Sales Channel

    18.25. Australia

        18.25.1. Pricing Analysis

        18.25.2. Market Share Analysis, 2021

            18.25.2.1. By Nature

            18.25.2.2. By Source

            18.25.2.3. By Form

            18.25.2.4. By End Use

            18.25.2.5. By Sales Channel

    18.26. New Zealand

        18.26.1. Pricing Analysis

        18.26.2. Market Share Analysis, 2021

            18.26.2.1. By Nature

            18.26.2.2. By Source

            18.26.2.3. By Form

            18.26.2.4. By End Use

            18.26.2.5. By Sales Channel

    18.27. GCC Countries

        18.27.1. Pricing Analysis

        18.27.2. Market Share Analysis, 2021

            18.27.2.1. By Nature

            18.27.2.2. By Source

            18.27.2.3. By Form

            18.27.2.4. By End Use

            18.27.2.5. By Sales Channel

    18.28. South Africa

        18.28.1. Pricing Analysis

        18.28.2. Market Share Analysis, 2021

            18.28.2.1. By Nature

            18.28.2.2. By Source

            18.28.2.3. By Form

            18.28.2.4. By End Use

            18.28.2.5. By Sales Channel

    18.29. North Africa

        18.29.1. Pricing Analysis

        18.29.2. Market Share Analysis, 2021

            18.29.2.1. By Nature

            18.29.2.2. By Source

            18.29.2.3. By Form

            18.29.2.4. By End Use

            18.29.2.5. By Sales Channel

    18.30. Central Africa

        18.30.1. Pricing Analysis

        18.30.2. Market Share Analysis, 2021

            18.30.2.1. By Nature

            18.30.2.2. By Source

            18.30.2.3. By Form

            18.30.2.4. By End Use

            18.30.2.5. By Sales Channel

19. Market Structure Analysis

    19.1. Competition Dashboard

    19.2. Competition Benchmarking

    19.3. Market Share Analysis of Top Players

        19.3.1. By Regional

        19.3.2. By Nature

        19.3.3. By Source

        19.3.4. By Form

        19.3.5. By End Use

        19.3.6. By Sales Channel

20. Competition Analysis

    20.1. Competition Deep Dive

        20.1.1. Cargill Incorporated

            20.1.1.1. Overview

            20.1.1.2. Product Portfolio

            20.1.1.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.1.4. Sales Footprint

            20.1.1.5. Strategy Overview

                20.1.1.5.1. Marketing Strategy

                20.1.1.5.2. Product Strategy

                20.1.1.5.3. Channel Strategy

        20.1.2. Mallet & Company, Inc.

            20.1.2.1. Overview

            20.1.2.2. Product Portfolio

            20.1.2.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.2.4. Sales Footprint

            20.1.2.5. Strategy Overview

                20.1.2.5.1. Marketing Strategy

                20.1.2.5.2. Product Strategy

                20.1.2.5.3. Channel Strategy

        20.1.3. Lonza Group AG

            20.1.3.1. Overview

            20.1.3.2. Product Portfolio

            20.1.3.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.3.4. Sales Footprint

            20.1.3.5. Strategy Overview

                20.1.3.5.1. Marketing Strategy

                20.1.3.5.2. Product Strategy

                20.1.3.5.3. Channel Strategy

        20.1.4. Bunge Limited

            20.1.4.1. Overview

            20.1.4.2. Product Portfolio

            20.1.4.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.4.4. Sales Footprint

            20.1.4.5. Strategy Overview

                20.1.4.5.1. Marketing Strategy

                20.1.4.5.2. Product Strategy

                20.1.4.5.3. Channel Strategy

        20.1.5. Archer Daniels Midland Company

            20.1.5.1. Overview

            20.1.5.2. Product Portfolio

            20.1.5.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.5.4. Sales Footprint

            20.1.5.5. Strategy Overview

                20.1.5.5.1. Marketing Strategy

                20.1.5.5.2. Product Strategy

                20.1.5.5.3. Channel Strategy

        20.1.6. Palsgaard

            20.1.6.1. Overview

            20.1.6.2. Product Portfolio

            20.1.6.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.6.4. Sales Footprint

            20.1.6.5. Strategy Overview

                20.1.6.5.1. Marketing Strategy

                20.1.6.5.2. Product Strategy

                20.1.6.5.3. Channel Strategy

        20.1.7. Riken Vitamin Co., Ltd.

            20.1.7.1. Overview

            20.1.7.2. Product Portfolio

            20.1.7.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.7.4. Sales Footprint

            20.1.7.5. Strategy Overview

                20.1.7.5.1. Marketing Strategy

                20.1.7.5.2. Product Strategy

                20.1.7.5.3. Channel Strategy

        20.1.8. Natu's Oil Services Inc.

            20.1.8.1. Overview

            20.1.8.2. Product Portfolio

            20.1.8.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.8.4. Sales Footprint

            20.1.8.5. Strategy Overview

                20.1.8.5.1. Marketing Strategy

                20.1.8.5.2. Product Strategy

                20.1.8.5.3. Channel Strategy

        20.1.9. Western Pacific Oils Inc.

            20.1.9.1. Overview

            20.1.9.2. Product Portfolio

            20.1.9.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.9.4. Sales Footprint

            20.1.9.5. Strategy Overview

                20.1.9.5.1. Marketing Strategy

                20.1.9.5.2. Product Strategy

                20.1.9.5.3. Channel Strategy

        20.1.10. Agarwal Industries Pvt Ltd.

            20.1.10.1. Overview

            20.1.10.2. Product Portfolio

            20.1.10.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.10.4. Sales Footprint

            20.1.10.5. Strategy Overview

                20.1.10.5.1. Marketing Strategy

                20.1.10.5.2. Product Strategy

                20.1.10.5.3. Channel Strategy

        20.1.11. AAK Kamani Pvt Ltd.

            20.1.11.1. Overview

            20.1.11.2. Product Portfolio

            20.1.11.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.11.4. Sales Footprint

            20.1.11.5. Strategy Overview

                20.1.11.5.1. Marketing Strategy

                20.1.11.5.2. Product Strategy

                20.1.11.5.3. Channel Strategy

        20.1.12. Roberts Manufacturing Co. Limited

            20.1.12.1. Overview

            20.1.12.2. Product Portfolio

            20.1.12.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.12.4. Sales Footprint

            20.1.12.5. Strategy Overview

                20.1.12.5.1. Marketing Strategy

                20.1.12.5.2. Product Strategy

                20.1.12.5.3. Channel Strategy

        20.1.13. Stratas Foods

            20.1.13.1. Overview

            20.1.13.2. Product Portfolio

            20.1.13.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.13.4. Sales Footprint

            20.1.13.5. Strategy Overview

                20.1.13.5.1. Marketing Strategy

                20.1.13.5.2. Product Strategy

                20.1.13.5.3. Channel Strategy

        20.1.14. Carotino SDN BHD

            20.1.14.1. Overview

            20.1.14.2. Product Portfolio

            20.1.14.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.14.4. Sales Footprint

            20.1.14.5. Strategy Overview

                20.1.14.5.1. Marketing Strategy

                20.1.14.5.2. Product Strategy

                20.1.14.5.3. Channel Strategy

        20.1.15. PT.ICC Indonesia

            20.1.15.1. Overview

            20.1.15.2. Product Portfolio

            20.1.15.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.15.4. Sales Footprint

            20.1.15.5. Strategy Overview

                20.1.15.5.1. Marketing Strategy

                20.1.15.5.2. Product Strategy

                20.1.15.5.3. Channel Strategy

        20.1.16. THE J.M. Smucker Company

            20.1.16.1. Overview

            20.1.16.2. Product Portfolio

            20.1.16.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.16.4. Sales Footprint

            20.1.16.5. Strategy Overview

                20.1.16.5.1. Marketing Strategy

                20.1.16.5.2. Product Strategy

                20.1.16.5.3. Channel Strategy

        20.1.17. Edible Oils Ltd.

            20.1.17.1. Overview

            20.1.17.2. Product Portfolio

            20.1.17.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.17.4. Sales Footprint

            20.1.17.5. Strategy Overview

                20.1.17.5.1. Marketing Strategy

                20.1.17.5.2. Product Strategy

                20.1.17.5.3. Channel Strategy

        20.1.18. Others on Additional Request

            20.1.18.1. Overview

            20.1.18.2. Product Portfolio

            20.1.18.3. Profitability by Market Segments (Source/Form/End Use/Region)

            20.1.18.4. Sales Footprint

            20.1.18.5. Strategy Overview

                20.1.18.5.1. Marketing Strategy

                20.1.18.5.2. Product Strategy

                20.1.18.5.3. Channel Strategy

21. Assumptions & Acronyms Used

22. Research Methodology
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