Vegetable Shortening Market Is Likely to Experience a Tremendous Growth in Near Future

The latest study released on the global 'Vegetable Shortening' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Vegetable Shortening' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
Cargill, Incorporated (United States), Bunge North America, Inc. (United States), Wilmar International Ltd (Singapore), Archer Daniels Midland Company (United States), IFFCO. (India), Manildra Group (Australia), Associated British Foods plc (United Kingdom), THE J.M. SMUCKER COMPANY (United States), Ruchi Soya (India), Al-Khaleej Industries Sdn Bhd. (Malaysia), MOI Foods U.S.A. Inc (United States),
As a solid fat, vegetable shortening is often used in place of lard or butter in baking. It is made by hydrogenating vegetable oil, such as cottonseed or soybean oil. Vegetable shortening is solid at room temperature, resembling the texture of butter but with virtually no flavor or odor. Vegetable shortening is usually used for short doughs, or doughs with a high proportion of fat to flour, such as pie crusts. This is owing to the fat in vegetable shortening coats the flour, inhibiting water from activating the formation of gluten. One more advantage of using vegetable shortening in baking is that as a solid fat, it doesn't completely mix with the dry ingredients used in baking. This gives streaks of solid fat marbled throughout the dough for that light, flaky finished product.

On 26 Oct 2020, The J.M. Smucker Co. announced it has entered into a definitive agreement to sell its Crisco oils and shortening business to B&G Foods, Inc. in a cash transaction valued at approximately USD 550 million. The divestiture of the Crisco business aligns with the Company's previously stated intent to exit the U.S. baking category and focus more of its resources on its core growth platforms of pet food, coffee, and snacking.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Vegetable Shortening Market various segments and emerging territory.

Market Drivers
• Growing Demand for Bakery Products among Consumers
• Changing Lifestyle of the People
• Increasing Demand for Shortenings in Bakery Products
• Rising Awareness about the Health Benefits of Vegetable Shortenings
Opportunities:
• Emerging Demand from Developing Countries

Analysis by Type (All Purpose Shortening, Emulsified Shortening, High Stability Shortening), Application (Baking, Frying, Confectionery and Pastry, Other), Sales Channel (Online, Offline)

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The regional analysis of Global Vegetable Shortening Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/13636-global-vegetable-shortening-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Vegetable Shortening market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Vegetable Shortening market.

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About Author:
AMA Research & Media is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
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This release was published on openPR.