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Shortening and Coating Fats Market: An Insight On the Important Factors and Trends Influencing the Market

01-16-2018 11:42 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

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Shortening and Coating Fats Market: An Insight On the Important

Shortening and coating fats are the fats derived from vegetable oils such as soybean and cottonseed. Shortening and coating fats are solid fats, unlike butter the shortening and coating fats does not melt at room temperature. Shortening and coating fats form a gluten matrix in the dough and are widely used with dough for confectionaries to keep them soft after baking. Shortening and coating fats are not too brittle, hard, soft or waxy and do not chip off during eating. Furthermore, shortening and coating fats also enhance the chemical, physical and nutritional functions of the food.

Global Shortening and Coating Fats Market: Drivers and Restraints

The growth of global shortening and coating fats market is driven by its demand among the confectionery manufacturers globally. The eminent benefits of shortening and coating fats in the preparation of baked confectionery products such as its appearance, texture, flavor, high melting point, and nutrition content among other benefits of the shortening and coating fats has gained attraction among the manufacturers of confectionery products, which in turn is driving the demand for global shortening and coating fats market.

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Furthermore, the growth of confectionery market worldwide and increasing consumption of confectioneries across the regions is anticipated to further supplement the growth of global shortening and coating fats market globally. On the plus side, macroeconomic factors such as the rise in disposable income of middle-class population triggering increased spending on the baked foods and confectioneries can also be attributed to the growth of global shortening and coating fats market globally.

Trends noted in the global shortening and coating fats market is the regulations for eliminating the use of trans fats in the food industry. Thus, shortening and coating fats are becoming more popular as fats low on trans fatty acids used in the confectionery food products. However, the shortening and coating fats have health disadvantages as during the processing of vegetable oil to make shortening and coating fats the polyunsaturated benefits of the oil is lost. Another factor which is anticipated to hamper the growth of global shortening and coating fats market is the emergence of functional food market globally.

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Based on the geographies, global shortening and coating fats market is segmented into five key regions- North America, Latin America, Europe, APAC, and the Middle East and Africa. Among the aforementioned regions, Asia-Pacific accounts for significant share for shortening and coating fats market, owing to the large consumption of confectionary products significant share of confectionery industry in the region as compared to other regions.

Furthermore, the significant growth of food industry and a healthy FMCG (Fast Moving Consumer Goods) market in the region is anticipated to further add value to the market. North America market for shortening and coating fats is followed by the Asia-Pacific market for shortening and coating fats market which is trailed by the Europe market for the shortening and coating fats.

Latin America market for shortening and coating fats is anticipated to pace up during the forecast period with growing confectionary industry in the region, the Middle East and Africa market is expected to account for the lowest share in the global shortening and coating fats market. Overall, the global market for shortening and coating fats offers a positive outlook.

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Global Shortening and Coating Fats Market: Key Players

Some of the few players identified in the global shortening and coating fats market include Cargill, Incorporated, Premium Vegetable Oils Sdn Bhd, Fediol, Wilmar International Ltd., Intercontinental Specialty Fats Sdn. Bhd., Mewah Group, Seydal Companies and Oleo-Fats, Incorporated among others

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Albany, NY 12207
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