Industrial Margarine Market by Type (Spreadable, All Purpose and Butter Blend), Application (Bakery, Confectionery, Convenience Food, Sauces and Spreads & Toppings), Form (Hard and Soft), Source (Plant and Animal) and Region-Global Forecast to 2022

  • ID: 4435869
  • Report
  • Region: Global
  • 120 Pages
  • Markets and Markets
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The Global Industrial Margarine Market is Estimated to be USD 2.25 Billion in 2017 and is Projected to Grow at a CAGR of 3.5% from 2017, to Reach USD 2.66 Billion by 2022

FEATURED COMPANIES

  • Aigremont
  • Bunge
  • EFKO Group
  • NMGK Group
  • Richardson International
  • Vandemoortele
  • MORE

The industrial margarine market is estimated at USD 2.25 billion in 2017 and is projected to grow at a CAGR of 3.5% from 2017, to reach USD 2.66 billion by 2022. The market is primarily driven by factors such as changing lifestyles and eating habits of the population, which has led to an increased demand for low fat food products cooked and prepared in low fat oil and fat such as margarine. Volatile factors such as global climatic conditions affect the production of raw materials such as soya bean, sunflower, canola, and palm plants which acts as a major restraint of the industrial margarine market. The increasing prices of raw materials is an important concern for industrial margarine manufacturers which consequently acts as a restraint to the industrial margarine market. 

Bakery products such as cakes and pastries call for alternatives to butter and oil among consumers who demand low-fat and low-calorie food products. Manufacturers of bakery products are targeting consumers with the inclusion of low-calorie products in their product portfolios to boost sales in a stagnant and matured market. This is currently one of the key trends in the global bakery market, which subsequently drives the growth of the industrial margarine market.

Based on type, the all-purpose margarine segment is expected to be the fastest-growing during the forecast period. All-purpose margarine can be used for baking, frying, as well as sautéing, and is largely used in the bakery products industry. FELDAIFFCO (Malaysia), Bakels Worldwide (Switzerland), and Sigra S.A. (Colombia) are some of the companies that offer all-purpose margarine.

Asia Pacific is projected to be the fastest-growing market over the next five years. Industrial growth and improvements in the food industry have opened new opportunities for the industrial margarine market in this region. Also, the presence of several end-user companies of industrial and retail margarine leads to high consumption of margarine in Asia Pacific.

Break-up of Primaries:

  • By Company Type: Tier 1 - 60%, Tier 2 - 25%, and Tier 3 - 15%
  • By Designation: Director Level - 35%, C Level - 40%, and Manager Level - 25%
  • By Region: North America - 20%, Europe -30%, Asia Pacific - 40%, and RoW - 10%

The key players profiled in this report are as follows:

  • Congara (US)
  • Bunge (Germany)
  • Puratos (Belgium)
  • Associated British Foods (US)
  • Fuij Oil (Japan)
  • Richardson International (Italy)
  • Royale Lacroix (Belgium)
  • Aigremont (Belgium)
  • Vandemoortele (Belgium)
  • NMGK Group (Russia)
  • EFCO Group (Russia)
  • Wilmar International (Singapore)

Research Coverage:  

The report segments the industrial margarine market on the basis of application, source, form, type, and region. In terms of insights, this research report has focused on various levels of analyses-competitive landscape, end-use analysis, and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the industrial margarine market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:

  • To get a comprehensive overview of the industrial margarine market
  • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
  • To gain insights about the major countries/regions in which the industrial margarine market is flourishing
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FEATURED COMPANIES

  • Aigremont
  • Bunge
  • EFKO Group
  • NMGK Group
  • Richardson International
  • Vandemoortele
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Periodization Considered for the Study
1.5 Currency
1.6 Unit Considered
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Market Share Estimation
2.2.1 Secondary Data
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Data
2.2.2.1 Key Industry Insights
2.2.2.2 Breakdown of Primaries
2.3 Market Size Estimation
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions and Limitations
2.5.1 Assumptions
2.5.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Market Opportunities for Industrial Margarine Manufacturers
4.2 Industrial Margarine Market, By Region
4.3 North America: Industrial Margarine Market, By Country & Application
4.4 Industrial Margarine Market, By Application & Region
4.5 Industrial Margarine Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Consumption of Margarine & Changing Tastes and Preferences of Consumers in Developing Markets
5.2.1.2 Growth of the Food Industry
5.2.1.3 Low Price of Margarine
5.2.2 Restraints
5.2.2.1 Compliance With International Quality Standards and Stringent Regulations
5.2.3 Opportunities
5.2.3.1 Growing Convenience Food Industry
5.2.4 Challenges
5.2.4.1 Rising Health Awareness and Obesity Concerns

6 Industrial Margarine Market, By Application
6.1 Introduction
6.2 Bakery
6.3 Spreads, Sauces, and Toppings
6.4 Confectionery
6.5 Convenience Food
6.6 Others

7 Industrial Margarine Market, By Type
7.1 Introduction
7.2 Spreadable Margarine
7.3 All-Purpose Industrial Margarine
7.4 Butter Blend

8 Industrial Margarine Market, By Source
8.1 Introduction
8.2 Animal Source
8.3 Plant Source

9 Industrial Margarine Market, By Form
9.1 Introduction
9.2 Hard Industrial Margarine
9.3 Soft Industrial Margarine

10 Industrial Margarine Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 UK
10.3.2 France
10.3.3 Germany
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Australia & New Zealand
10.4.5 Rest of Asia Pacific
10.5 Rest of the World (RoW)
10.5.1 South America
10.5.2 Middle East
10.5.3 Africa

11 Competitive Landscape
11.1 Overview
11.2 Company Ranking Analysis
11.3 Acquisitions
11.4 Expansions
11.5 Joint Ventures

12 Company Profiles
12.1 Conagra
12.2 Bunge
12.3 Puratos
12.4 Wilmar International
12.5 Associated British Foods
12.6 Fuji Oil
12.7 Vandemoortele
12.8 NMGK Group
12.9 EFKO Group
12.10 Royale Lacroix
12.11 Richardson International
12.12 Aigremont

13 Appendix
13.1 Discussion Guide

List of Tables

Table 1 US Dollar Exchange Rate Considered for Study, 2014-2016
Table 2 Industrial Margarine Market Size, By Application, 2015-2022 (USD Million)
Table 3 Industrial Margarine Market Size, By Application, 2015-2022 (KT)
Table 4 Bakery: Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 5 Bakery: Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 6 Spreads, Sauces, and Toppings: Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 7 Spreads, Sauces, and Toppings: Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 8 Confectionery: Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 9 Confectionery: Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 10 Convenience Food: Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 11 Convenience Food: Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 12 Others: Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 13 Others: Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 14 Industrial Margarine Market Size, By Type, 2015-2022 (USD Million)
Table 15 Industrial Margarine Market Size, By Type, 2015-2022 (KT)
Table 16 Spreadable Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 17 Spreadable Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 18 All-Purpose Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 19 All-Purpose Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 20 Butter Blend Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 21 Butter Blend Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 22 Industrial Margarine Market Size, By Source, 2015-2022 (USD Million)
Table 23 Industrial Margarine Market Size, By Source, 2015-2022 (KT)
Table 24 Animal-Sourced Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 25 Animal-Sourced Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 26 Plant-Sourced Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 27 Plant-Sourced Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 28 Industrial Margarine Market Size, By Form, 2015-2022 (USD Million)
Table 29 Industrial Margarine Market Size, By Form, 2015-2022 (KT)
Table 30 Hard Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 31 Hard Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 32 Soft Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 33 Soft Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 34 Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 35 Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 36 North America: Industrial Margarine Market Size, By Application, 2015-2022 (USD Million)
Table 37 North America: Industrial Margarine Market Size, By Application, 2015-2022 (KT)
Table 38 North America: Industrial Margarine Market Size, By Type, 2015-2022 (USD Million)
Table 39 North America: Industrial Margarine Market Size, By Type, 2015-2022 (KT)
Table 40 North America: Industrial Margarine Market Size, By Source, 2015-2022 (USD Million)
Table 41 North America: Industrial Margarine Market Size, By Source, 2015-2022 (KT)
Table 42 North America: Industrial Margarine Market Size, By Form, 2015-2022 (USD Million)
Table 43 North America: Industrial Margarine Market Size, By Form, 2015-2022 (KT)
Table 44 North America: Industrial Margarine Market Size, By Country, 2015-2022 (USD Million)
Table 45 North America: Industrial Margarine Market Size, By Country, 2015-2022 (KT)
Table 46 Europe: Industrial Margarine Market Size, By Application, 2015-2022 (USD Million)
Table 47 Europe: Industrial Margarine Market Size, By Application, 2015-2022 (KT)
Table 48 Europe: Industrial Margarine Market Size, By Type, 2015-2022 (USD Million)
Table 49 Europe: Industrial Margarine Market Size, By Type, 2015-2022 (KT)
Table 50 Europe: Industrial Margarine Market Size, By Source, 2015-2022 (USD Million)
Table 51 Europe: Industrial Margarine Market Size, By Source, 2015-2022 (KT)
Table 52 Europe: Industrial Margarine Market Size, By Form, 2015-2022 (USD Million)
Table 53 Europe: Industrial Margarine Market Size, By Form, 2015-2022 (KT)
Table 54 Europe: Industrial Margarine Market Size, By Country, 2015-2022 (USD Million)
Table 55 Europe: Industrial Margarine Market Size, By Country, 2015-2022 (KT)
Table 56 Asia Pacific: Industrial Margarine Market Size, By Application, 2015-2022 (USD Million)
Table 57 Asia Pacific: Industrial Margarine Market Size, By Application, 2015-2022 (KT)
Table 58 Asia Pacific: Industrial Margarine Market Size, By Type, 2015-2022 (USD Million)
Table 59 Asia Pacific: Industrial Margarine Market Size, By Type, 2015-2022 (KT)
Table 60 Asia Pacific: Industrial Margarine Market Size, By Source, 2015-2022 (USD Million)
Table 61 Asia Pacific: Industrial Margarine Market Size, By Source, 2015-2022 (KT)
Table 62 Asia Pacific: Industrial Margarine Market Size, By Form, 2015-2022 (USD Million)
Table 63 Asia Pacific: Industrial Margarine Market Size, By Form, 2015-2022 (KT)
Table 64 Asia Pacific: Industrial Margarine Market Size, By Country, 2015-2022 (USD Million)
Table 65 Asia Pacific: Industrial Margarine Market Size, By Country, 2015-2022 (KT)
Table 66 Organoleptic Requirements to Be Fulfilled By Margarine Manufacturers in China
Table 67 Fssai Standards and Regulations for Bakery and Industrial Margarine.
Table 68 RoW: Industrial Margarine Market Size, By Application, 2015-2022 (USD Million)
Table 69 RoW: Industrial Margarine Market Size, By Application, 2015-2022 (KT)
Table 70 RoW: Industrial Margarine Market Size, By Type, 2015-2022 (USD Million)
Table 71 RoW: Industrial Margarine Market Size, By Type, 2015-2022 (KT)
Table 72 RoW: Industrial Margarine Market Size, By Source, 2015-2022 (USD Million)
Table 73 RoW: Industrial Margarine Market Size, By Source, 2015-2022 (KT)
Table 74 RoW: Industrial Margarine Market Size, By Form, 2015-2022 (USD Million)
Table 75 RoW: Industrial Margarine Market Size, By Form, 2015-2022 (KT)
Table 76 RoW: Industrial Margarine Market Size, By Region, 2015-2022 (USD Million)
Table 77 RoW: Industrial Margarine Market Size, By Region, 2015-2022 (KT)
Table 78 Acquisitions, 2013-2017
Table 79 Expansions, 2013-2015
Table 80 Joint Ventures, 2016-2017

List of Figures

Figure 1 Industrial Margarine Market: Segmentation
Figure 2 Industrial Margarine Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market Breakdown & Data Triangulation
Figure 7 Industrial Margarine Market Size, By Type, 2017-2022
Figure 8 Industrial Margarine Market Size, By Application, 2017 vs 2022
Figure 9 Industrial Margarine Market Size, By Form, 2017-2022
Figure 10 Industrial Margarine Market Size, By Source, 2017-2022
Figure 11 Industrial Margarine Market Share, By Region
Figure 12 Attractive Growth Opportunities in the Industrial Margarine Market for Equipment Manufacturers Between 2017 & 2022
Figure 13 Market Size of Industrial Margarine From 2017 to 2022
Figure 14 US is Estimated to Account for the Largest Share of the Industrial Margarine Market in 2017
Figure 15 Bakery Application Estimated to Dominate the Industrial Margarine Market Across All Regions in 2017
Figure 16 India’s Industrial Margarine Market to Grow at the Highest CAGR Among the Key Markets of Each Region
Figure 17 Low Prices of Margarine to Drive the Industrial Margarine Market Growth
Figure 18 GDP of Top Countries in Asia Pacific (2014-2016)
Figure 19 US Fast Food Industry Trend, 2010-2020
Figure 20 Estimated Percentage of Youth Suffering From Obesity: Us, 2013-2014
Figure 21 North American Industrial Margarine Market: A Snapshot
Figure 22 Asia Pacific Industrial Margarine Market: A Snapshot
Figure 23 Key Developments By Leading Players in the Industrial Margarine Market, 2012-2017
Figure 24 Conagra: Company Snapshot
Figure 25 Conagra Foods: SWOT Analysis
Figure 26 Bunge : Company Snapshot
Figure 27 Bunge : SWOT Analysis
Figure 28 Puratos: SWOT Analysis
Figure 29 Wilmar International: Company Snapshot
Figure 30 Wilmar International: SWOT Analysis
Figure 31 Associated British Foods: Company Snapshot
Figure 32 Associated British Foods: SWOT Analysis
Figure 33 Fuji Oil: Company Snapshot
Figure 34 Vandemoortele: Company Snapshot

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FEATURED COMPANIES

  • Aigremont
  • Bunge
  • EFKO Group
  • NMGK Group
  • Richardson International
  • Vandemoortele
  • MORE

The global industrial margarine market is estimated to be USD 2.25 billion in 2017 and is projected to grow at a CAGR of 3.5% from 2017, to reach USD 2.66 billion by 2022. Factors such as lower prices of margarine as well as lower fat content as compared to butter are driving the industrial margarine industry. In addition to this, the rapid growth of the bakery and confectionery industries in rapidly developing economies is projected to drive the demand for industrial margarine.

On the basis of application, the bakery industry accounted for the largest share, followed by the confectionery industry, in 2016. The growth in the bakery, confectionery, and convenience food sectors is fueling the demand for margarine as it is a cost-effective substitute for butter.

The industrial margarine market, on the basis of type, is segmented into spreadable, all purpose, and butter blend margarine. The all purpose segment accounted for the largest market share in 2016 as it can be used for baking, frying, and spreading. It is widely used for in the bakery products industry.

On the basis of source, margarine sourced from plants accounted for a larger market share in 2016, followed by margarine sourced from animals. Plants as a source are preferred by margarine manufacturers as they provide a uniform base and control the level of hydrogenation. They are also opted by the vegan and vegetarian population, further driving this segment.

On the basis of form, the hard form of margarine accounted for a larger market share in 2016, as the hard form of margarine is preferred in baking applications, especially for pastry or cake making.

North America accounted for the largest market share of the industrial margarine market in 2016. 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.

The major restraining factor for the industrial margarine market is the stringent international regulations as regulatory approval of a food ingredient is critical. Obtaining regulatory approval for a new ingredient can be a costly and time-consuming process.

Companies such as Conagra (US), Bunge (US), and Puratos (Belgium) have acquired a leading market position through the provision of a broad product portfolio, along with a focus on diverse end-user segments. They are also focused on innovations and are geographically diversified.

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  • Aigremont
  • Associated British Foods
  • Bunge
  • Conagra
  • EFKO Group
  • Fuji Oil
  • NMGK Group
  • Puratos
  • Richardson International
  • Royale Lacroix
  • Vandemoortele
  • Wilmar International
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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