Margarine is a substitute for butter, prepared from vegetable and animal fats by emulsifying them with water and adding small amount of milk, salt, vitamins, colouring matter, etc. Industrial Margarine is an all-purpose margarine suitable for industrial uses related to baking.
Due to the COVID-19 pandemic, the global Industrial Margarine market size is estimated to be worth US$ 2013.1 million in 2021 and is forecast to a readjusted size of US$ 2523.1 million by 2028 with a CAGR of 2.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Industrial Margarine market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Industrial Margarine landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
North America accounted for the largest market share of the industrial margarine market in 2017. This market is driven by the health-conscious consumers due to the growing incidences of diseases such as diabetes, high-blood pressure, and constipation that has been fueling the market for margarine. The food manufacturers in the US are therefore concentrating on producing margarine products that do not contain any trans-fat.
This report focuses on Industrial Margarine volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Industrial Margarine market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Industrial Margarine Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Special Type
Universal Type
Segment by Application
Household
Food Industrial
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Unilever
Bunge
NMGK Group
ConAgra
Zydus Cadila
Wilmar-International
Fuji Oil
BRF
Yildiz Holding
Grupo Lala
NamChow
Sunnyfoods
Cargill
COFCO
Uni-President
Mengniu Group
Yili Group
Brightdairy
Dairy Crest