Margarine Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
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.
For the definitions and criteria of margarine, there are distinction on the highest water content and the mixing extent of the butter and other fats depend on the different counties.
Currently, lots of companies in the world produce margarine product, mainly concentrating in USA and Europe. The main market players are Unilever, Bunge, NMGK Group, ConAgra, Zydus Cadila, etc. The market volume of margarine decreased from 2155 K MT in 2013 to 2078 K MT in 2017, with an average growth rate of -0.89%. The main reason is that people believe that butter will be better generally.
In consumption market, the entire global market is shrinking. This phenomenon is evident in the United States and Western European countries. In the Asia-Pacific region, especially in China and India. Economic development is good. There will be a slight increase. Because of the base is too small. It is difficult to change the global market trend.
Margarine can be classified as two types, including Special Type and Universal Type. It can be widely used in household and food industry. Survey results showed that 15.9% of the margarine market is household, 83% is used in food industry.
The Global Margarine Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Margarine Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
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
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Special Type
Universal Type
In Market segmentation by applications :
Food Industry
Household
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Margarine Market for the forecast period 2023 - 2030?
• What are the driving forces in the Margarine Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Margarine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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