Press release
Fluid Shortening Market Size 2024 to 2031.
Market Overview and Report CoverageFluid shortening is a type of fat that remains liquid at room temperature, commonly used in baking and frying applications. The Fluid Shortening Market is witnessing significant growth, fueled by the increasing demand for convenience foods and the rising preference for plant-based ingredients. The market is expected to grow at a CAGR of 12.80% during the forecasted period, reflecting a positive outlook for the industry.
The current trend of health consciousness among consumers is also driving the demand for fluid shortening, as manufacturers are increasingly offering healthier options with reduced trans fats and improved nutritional profiles. Additionally, the growing foodservice industry and expanding bakery sector are boosting the market growth further.
In the future, technological advancements and innovations in fluid shortening production are expected to enhance product quality and expand the market reach. The increasing focus on clean label ingredients and sustainability will also shape the future landscape of the fluid shortening market. Overall, the market is poised for steady growth in the coming years, driven by evolving consumer preferences and the expanding food industry.
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Market Segmentation
The Fluid Shortening Market Analysis by types is segmented into:
• Normal Type
• Stable Type
• High Emulsification Type
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Fluid shortening market types can be categorized into Normal Type, Stable Type, and High Emulsification Type. Normal Type fluid shortening is suitable for general baking applications, while Stable Type is more resistant to oxidation and provides longer shelf life. High Emulsification Type fluid shortening is specifically designed for applications requiring high emulsion stability, such as cream fillings and icings. Each type caters to different baking needs, offering various functionalities and benefits for manufacturers and consumers alike.
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The Fluid Shortening Market Industry Research by Application is segmented into:
• Baked Food
• Fried Food
Fluid shortening is commonly used in the baked food and fried food market due to its versatility and ability to enhance the texture and flavor of various products. In the baked food market, fluid shortening is utilized in items such as cakes, cookies, and pastries to create a light and tender crumb. In the fried food market, it is used for frying items such as donuts, fried chicken, and French fries, resulting in a crispy exterior and moist interior.
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In terms of Region, the Fluid Shortening Market Players available by Region are:
North America:
• United States
• Canada
Europe:
• Germany
• France
• U.K.
• Italy
• Russia
Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia
Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea
What are the Emerging Trends in the Global Fluid Shortening market?
Emerging trends in the global fluid shortening market include the increasing demand for healthier and cleaner label products, leading to a shift towards plant-based and organic options. There is also a growing interest in sustainable and environmentally friendly packaging solutions. Manufacturers are focusing on product innovations such as different flavor profiles and textures to cater to diverse consumer preferences. Additionally, the rise of online retail channels and digital marketing strategies is driving market growth by expanding reach and accessibility. Overall, these trends indicate a dynamic and evolving landscape in the global fluid shortening market with an emphasis on health, sustainability, and innovation.
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Major Market Players
Olenex is a joint venture between global agribusiness company ADM and oils and fats producer Wilmar International. Olenex offers a wide range of fluid shortening products for the food industry. The company has a strong presence in the European market and is expanding its reach to other regions as well.
ADM is a global leader in the agricultural processing industry with a focus on food ingredients and renewable energy. The company has a long history of providing high-quality products to customers around the world. ADM's fluid shortening business has shown steady growth over the years, driven by the increasing demand for convenience foods and baked goods.
Zeelandia is a family-owned company based in the Netherlands that specializes in bakery ingredients, including fluid shortenings. Zeelandia has a strong presence in Europe and is known for its innovative product offerings and commitment to sustainability. The company has experienced significant growth in recent years due to its focus on customer satisfaction and product quality.
While specific sales revenue figures for these companies are not publicly available, it can be estimated that these players have a significant market share in the competitive fluid shortening market. With their strong industry presence, innovative product offerings, and commitment to quality, these companies are well-positioned for continued growth and success in the future.
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