Press release
North America Industrial Margarine Market to account to US$ 1192.3 Mn and growing at a CAGR of 3.5% during forecast period 2021-2027
The North America Industrial Margarine market is accounted to US$ 881.2 Mn in 2018 and is expected to grow at a CAGR of 3.5% during the forecast period 2019 – 2027, to account to US$ 1192.3 Mn by 2027.Margarine is an evolution to a highly accepted spread that is a prime example of technological advancement made through the combined efforts of oil chemists, food technologists, nutritionists, and chemical engineers. Industrial margarine has taken its place all over the globe as an excellent nutritive food owing to its concentrated source of food energy; it can be a uniform supplement of vitamins D and A, it can also be a source of polyunsaturated essential fatty acids. Industrial margarine is neither a substitute for, nor an imitation of, butter, even though the spread is made from naturally occurring products and is known to possess all the physical, sensory, and nutritional attributes of butter. Moreover, products like cakes and pastries are all the time popular confectionaries for most of the consumers, but people try to avoid these items due to its high fat and calorie content. To fulfil the consumer’s demand of with low fat, low cholesterol and less calorie bakery and confectionary, manufacturers are using industrial margarine instead of butter as an alternative.
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Key companies profiled in this research study are:
Associated British Foods
Bunge Limited
Conagra Brands, Inc.
EFKO Group
Fuji Oil Europe
NMGK Group
Puratos
Richardson International Limited
Vandemoortele
Wilmar International Limited
NORTH AMERICA INDUSTRIAL MARGARINE MARKET SEGMENTATION
North America Industrial Margarine Market, by Application
Bakery
Spreads, sauces and toppings
Confectionary
Convenience Food
Others
North America Industrial Margarine Market, by Type
Spreadable Margarine
All-Purpose Industrial Margarine
Butter Blend
Others
North America Industrial Margarine Market, by Source
Animal Source
Plant Source
Europe Industrial Margarine Market, by Form
Hard Industrial Margarine
Soft Industrial Margarine
North America Industrial Margarine Market, by Country
US
Canada
Mexico
Rising demand for low-calorie food items to favor the North America industrial margarine market.
The consumers in most of the developed and developing countries in North America are quite concern regarding maintenance of healthy life style and healthy diet or food habits. There is a growing demand for low fat food & beverages owing to changing lifestyles and rising health consciousness, which in turn is driving the industrial margarine market growth. Young consumers are increasingly getting aware of the health benefits of adopting a healthy diet with low fat, low cholesterol and less calorie foods to prevent obesity and diabetes. The rising demand for bakery and confectionary products among the consumers in North America is expected to fuel the market growth for industrial margarine market. Products like cakes and pastries are all the time popular confectionaries for most of the consumers, but people try to avoid these items due to its high fat and calorie content. To fulfil the consumer’s demand of with low fat, low cholesterol and less calorie bakery and confectionary, manufacturers are using industrial margarine instead of butter as an alternative.
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Table of Contents
Worldwide North America Industrial Margarine Research Report 2021-2027
Chapter1 Global Economic Impact on Industry
Chapter2 North America Industrial Margarine Overview
Chapter3 Global Market Analysis by Application
Chapter4 Global Production, Revenue (Value), Price Trend by Type
Chapter5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter6 Global Production, Revenue (Value) by Region
Chapter7 Global Market Competition by Manufacturers
Chapter8 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter9 Global North America Industrial Margarine Forecast
Chapter10 Manufacturing Cost Analysis
Chapter11 Marketing Strategy Analysis, Distributors/Traders
Chapter12 Market Effect Factors Analysis
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