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Global Industrial Margarine Market Overview: Forecasted Market Size And Growth Rate | Cargill Incorporated, The Archer-Daniels-Midland Company, Wilmar International Ltd., Bunge Limited, Unilever
Industrial Margarine Global Market Report
The Business Research Company's Industrial Margarine Global Market Report 2023 identifies the high growth of the food industry is expected to propel the growth of the industrial margarine market going forward. The food industry includes the manufacturing and distribution of food products. Industrial margarine is an emulsifier that provides organoleptic qualities to food items, such as a rich flavor and smooth texture.
The global industrial margarine market is expected to grow from $2.52 billion in 2022 to $2.66 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial margarine market is expected to reach $3.19 billion in 2027 at a CAGR of 4.7%.
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Major players in the industrial margarine market are Cargill Incorporated, The Archer-Daniels-Midland Company, Wilmar International Ltd., Bunge Limited, Unilever, Royal FrieslandCampina N.V., Conagra Brands Inc., Kerry Group, Barry Callebaut, Orkla ASA, AAK AB, Fuji Oil Co. Ltd., Puratos, Vandemoortele, Richardson International Limited, Remia C.V., Currimjee Group, MUEZ-HEST INDIA PVT.LTD., S.A. Aigremont N.V, NMGK Group, LASENOR EMUL S.L., EFKO Group, Silverson, Royale Lacroix SA, and PT. BONANZA MEGAH .LTD.
A key trend in the Industrial Margarine market includes the Technological advancements are the key trend gaining popularity in the industrial margarine market. Major companies operating in the industrial margarine market focus on developing new technologies to increase industrial margarine's functionality and applications.
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The Industrial Margarine market is segmented -
1) By Product: Spreadable, All-Purpose, Butter Blend, Liquid, Other Products
2) By Source: Animal Source, Plant Source
3) By Form: Hard, Soft
4) By Application: Bakery, Confectionery, Toppings, Sauces, and Spreads, Convenience Food, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Industrial Margarine market.
The Business Research Company's "Global Industrial Margarine Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Industrial Margarine Market Include:
1. Executive Summary
2. Industrial Margarine Market Characteristics
3. Industrial Margarine Market Trends And Strategies
4. Industrial Margarine Market - Macro Economic Scenario
5. Industrial Margarine Market Size And Growth
……
27. Industrial Margarine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Industrial Margarine Market
29. Industrial Margarine Market Future Outlook and Potential Analysis
30. Appendix
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