Margarine Market 2027| BRF, NMGK Inc, Unilever, Ventura Foods, Bunge, Land O'Lakes Inc, Zydus Wellness, Conagra Brands, Richardson International, Wilmar International

Recent research and the current scenario as well as future market potential of "Global Margarine Market 2020".

Global Margarine Market is expected to grow at a CAGR of 3% during the forecast period (2020-2027).

Margarine is being used as a functional and less expensive butter replacement that provides both richness and stability to finished baked goods without jeopardizing flavour.

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Drivers and restraints:

The lifestyle and dietary habits of consumers are changing. Consumers are becoming more aware of the intake of fats and calories. A shift is being observed in the consumers' diet to-wards dairy-free and more natural products. So, consumers prefer margarine over butter because of its low-fat and calories.

The cost of dairy products, especially butter is high and is forecasted to increase further. The high cost of butter will boost the market for margarine, which is a cheaper alternative to butter. The low price of margarine has resulted in its increased applications in the food processing industry that uses only butter. The use of margarine has significantly brought down the production costs in these industries, thus reducing the overall cost of end products.

Availability of other alternatives for margarine and health-related concerns of fat consump-tion may restrain the growth in the industry.

Market Segment Analysis:

The Global Margarine Market report segments the market by type, by Form type, by prod-uct type, by application and by geography. By form type, the market has been segmented as Hard Margarines, Soft Margarines, and Roll-In Margarines. By Form type- Tubs, Sprays, Sticks, Liquid Margarines and others. Margarine tubs/cups are the most popular margarine products in this segment.

By Product type- Original, Light or Trans-fat free, Buttery, Dairy-free/Vegan, and others. By Application type the report segments the market as- Bakery & Confectionary, Spreads, Sauces & Dressings, and Others. The Bakery & Confectionary segment accounts for the most extensive section in the application type segment. Bakery products such as cakes and pas-tries call for substitutes for butter and oil among consumers who demand low-fat and low-calorie food products. Manufacturers of bakery products are targeting consumers with low-calorie products to boost sales in a stagnant and matured market. This is currently one of the key trends in the global bakery market, subsequently driving the growth of the Marga-rine Market.

Geographical Analysis:

By Geography type- North America, South America, Asia-Pacific, Europe and rest of the world. North America dominates the global industrial margarine market geographically. The market is characterized by the presence of large-scale industrial margarine manufac-turers such as Conagra (US) and Bunge Limited (US). The significant share of this market is mainly attributed to growing consumer inclination towards healthy food and convenience products and increasing health and obesity disorders.

Increased consumption of bread and butter for breakfast in Western Countries also support-ed the growth for the market in recent years. With the availability of margarine as a low-cost alternative raising the demand for low-fat products due to the growing health concerns, the demand for margarine will increase in this region.

The report profiles the following companies:
BRF, NMGK Group, Unilever, Ventura Foods, Bunge, Land O'Lakes, Zydus Wellness, Conagra Brands, Richardson International, Wilmar International.

Key market segments covered

By Type
Hard/Baking Margarines
Soft Margarine
Roll-In Margarine

By Product Type
Original
Light or Trans-fat free
Buttery
Dairy-free/Vegan
Others

By Application
Bakery & Confectionary
Spreads
Sauces & Dressings
Others

By Form Type
Margarine Tubs
Margarine Sticks
Margarine Sprays
Liquid Margarine

By Region
Asia Pacific
Europe
North America
South America
Rest of the World

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Why purchase the report?
Visualize the composition of the Margarine market across each indication, regarding type, product type, and applications, highlighting the critical commercial assets and players.
Identify commercial opportunities in Margarine market by analysing trends and co-development deals.
Excel data sheet with thousands of data points of the Margarine market level seg-mentation
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
Product mapping in excel for the Margarine market products of all major market players

Target Audience
Raw Material Suppliers/ Buyers
Product Suppliers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
Research Professionals
Emerging Companies
Manufacturers

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