Quick Summary:
In an industry as competitive as the global industrial margarine market, holding a strategic edge is essential. Propelled by a projected growth to reach US$3.2 billion by 2030, this sector entails a wealth of opportunity. The purchase of this research report provides a stepping stone to not only better comprehend the current market dynamics, but also formulate data-driven strategies for future growth.
Our report extensively analyzes key segments such as All Purpose and Spreadable which are both witnessing significant potential. Further, it provides nuanced geographic insights highlighting strong growth trends in markets like China, projected to grow at an exceptional CAGR of 5.4%. The report also includes an in-depth analysis of the competition in the market, featuring important competitors. Additionally, it offers bonus features such as access to digital archives and Research Platform, complimentary updates for a year, and an opportunity for peer-to-peer collaborative bespoke updates. With this breadth of information, position your business to seize the opportunities presented in this dynamic market.
Global Industrial Margarine Market to Reach $3.2 Billion by 2030
The global market for Industrial Margarine estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$3.2 Billion by 2030, growing at a CAGR of 3.2% over the analysis period 2022-2030. All Purpose, one of the segments analyzed in the report, is projected to record a 3.4% CAGR and reach US$1.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Spreadable segment is readjusted to a revised 3.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $682.5 Million, While China is Forecast to Grow at 5.4% CAGR
The Industrial Margarine market in the U.S. is estimated at US$682.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$639.6 Million by the year 2030 trailing a CAGR of 5.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.7% and 2.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$416.6 Million by the year 2030.Select Competitors (Total 18 Featured) -
- Associated British Foods PLC
- Bunge Ltd.
- Conagra Brands, Inc.
- EFKO Group
- Fuji Oil Co., Ltd.
- Nmgk Group
- Puratos Group NV
- Richardson International Ltd.
- Royale Lacroix SA.
- Vandemoortele NV
- Wilmar International Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Industrial Margarine?
What is the growth rate of the Global Market for Industrial Margarine?
What is the forecasted size of the Global Market for Industrial Margarine?
Who are the key companies in the Global Market for Industrial Margarine?
| Report Attribute | Details |
|---|---|
| No. of Pages | 232 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 2.5 Billion |
| Forecasted Market Value ( USD | $ 3.2 Billion |
| Compound Annual Growth Rate | 3.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Associated British Foods PLC
- Bunge Ltd.
- Conagra Brands, Inc.
- EFKO Group
- Fuji Oil Co., Ltd.
- Nmgk Group
- Puratos Group NV
- Richardson International Ltd.
- Royale Lacroix SA.
- Vandemoortele NV
- Wilmar International Ltd.
