+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Shortenings Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F- Product Image
Shortenings Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F- Product Image
New

Shortenings Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F

  • PDF Icon

    Report

  • 180 Pages
  • November 2025
  • Region: Global
  • TechSci Research
  • ID: 5950419
Free Webex Call
10% Free customization
Description Jump to:

All-Purpose Shortening is the fastest growing segment, North America is the largest regional market

Free Webex Call

Speak directly to the analyst to clarify any post sales queries you may have.

 10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
The Global Shortenings Market, valued at USD 4.87 Billion in 2024, is projected to grow at a CAGR of 4.19% to reach USD 6.23 Billion by 2030. Shortening is a solid fat commonly used in baking to create crumbly textures by inhibiting gluten formation, derived from sources such as hydrogenated vegetable oils and animal fats like lard. Market growth is primarily driven by the expansion of the food processing and bakery industries, along with rising consumer demand for convenience foods and processed snacks. Technological advancements in healthier shortening formulations, including trans-fat-free alternatives, also support market development.

Key Market Drivers

The increasing demand for processed and convenience foods is a major catalyst for the global shortenings market. Fast-paced lifestyles and on-the-go consumption trends have elevated the need for food products that offer quick preparation and longer shelf life. Shortenings play a vital role in these items by providing essential textural qualities, mouthfeel, and product stability in applications such as packaged snacks, ready meals, and premade doughs. According to the NACS 2023 State of the Industry Report, prepared foods in convenience stores saw a 12.2 percent year-over-year increase, illustrating strong reliance on shortening-based formulations.

The expanding bakery and confectionery sectors further bolster market growth, as shortenings are essential for creating desired textures in pastries, cakes, and confectionery coatings. Continued innovation in flavors and formats within these industries drives demand for specialized shortening solutions. According to the National Confectioners Association’s 2025 State of Treating report, U.S. confectionery sales surpassed $54 billion in 2024. Additionally, raw materials continue to show strong global activity; the USDA Foreign Agricultural Service reported global palm oil production reaching 77.05 billion metric tons in 2023.

Key Market Challenges

The fluctuating prices of raw materials, particularly vegetable oils, significantly impede the global shortenings market by creating unpredictable production costs. This volatility complicates forecasting and pricing strategies for manufacturers. When input costs rise, companies face reduced profitability if they absorb the increases or risk reduced demand if they adjust product prices. Such instability discourages investment in new capacity or innovation. For instance, the Malaysian Palm Oil Council reported that average crude palm oil prices rose by 9.7% to RM4,179.50 per tonne in 2024, up from RM3,809.50 in 2023. These substantial increases in a key ingredient directly elevate operational expenses and weaken competitive pricing, constraining market growth.

Key Market Trends

The shift toward trans-fat-free formulations is a major trend in the global shortenings market, driven by rising health consciousness and stricter regulations. Manufacturers are reformulating products to eliminate industrially produced trans fats. According to the World Health Organization’s June 2024 report, 53 countries had implemented best-practice policies on industrial trans-fat elimination by the end of 2023, covering 46% of the global population.

Industry leaders are responding; Cargill announced in May 2025 that its entire edible oils portfolio met WHO standards as of January 1, 2024. Innovations in fat structuring and emulsification technologies also shape the market, enabling improvements in plasticity, aeration, and mouthfeel while enhancing nutritional profiles. The American Oil Chemists’ Society (AOCS) will spotlight these advancements at its 2025 Annual Meeting & Expo, emphasizing precise fat crystallization control. Partnerships reinforce this progress: in March 2023, Cargill and Cubiq Foods entered a co-development and commercialization agreement for Cubiq's advanced fat technologies to create healthier and higher-performing food formulations.

Key Market Players Profiled:

  • Cargill Incorporated
  • Conagra Brands Inc.
  • Bunge Global SA
  • Wilmar International Limited
  • The Archer Daniels Midland Company
  • International Foodstuff Company Holdings Limited
  • Ventura Foods LLC
  • AAK AB
  • Manildra Group
  • Associated British Foods PLC

Report Scope:

In this report, the Global Shortenings Market has been segmented into the following categories:

By Source:

  • Vegetable Shortenings
  • Animal Shortenings

By Key Ingredient:

  • Oil
  • Lard
  • Tallow
  • Butter
  • Others

By Application:

  • Bakery Products
  • Confectionery Products
  • Snacks & Savory Products
  • Others

By Variant:

  • Liquid Shortening
  • Solid Shortening
  • All-Purpose Shortening
  • Cake/Icing Shortening
  • Others

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Shortenings Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

This product will be delivered within 1-3 business days.

Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Shortenings Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Source (Vegetable Shortenings, Animal Shortenings)
5.2.2. By Key Ingredient (Oil, Lard, Tallow, Butter, Others)
5.2.3. By Application (Bakery Products, Confectionery Products, Snacks & Savory Products, Others)
5.2.4. By Variant (Liquid Shortening, Solid Shortening, All-Purpose Shortening, Cake/Icing Shortening, Others)
5.2.5. By Region
5.2.6. By Company (2024)
5.3. Market Map
6. North America Shortenings Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Source
6.2.2. By Key Ingredient
6.2.3. By Application
6.2.4. By Variant
6.2.5. By Country
6.3. North America: Country Analysis
6.3.1. United States Shortenings Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Source
6.3.1.2.2. By Key Ingredient
6.3.1.2.3. By Application
6.3.1.2.4. By Variant
6.3.2. Canada Shortenings Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Source
6.3.2.2.2. By Key Ingredient
6.3.2.2.3. By Application
6.3.2.2.4. By Variant
6.3.3. Mexico Shortenings Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Source
6.3.3.2.2. By Key Ingredient
6.3.3.2.3. By Application
6.3.3.2.4. By Variant
7. Europe Shortenings Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Source
7.2.2. By Key Ingredient
7.2.3. By Application
7.2.4. By Variant
7.2.5. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Shortenings Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Source
7.3.1.2.2. By Key Ingredient
7.3.1.2.3. By Application
7.3.1.2.4. By Variant
7.3.2. France Shortenings Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Source
7.3.2.2.2. By Key Ingredient
7.3.2.2.3. By Application
7.3.2.2.4. By Variant
7.3.3. United Kingdom Shortenings Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Source
7.3.3.2.2. By Key Ingredient
7.3.3.2.3. By Application
7.3.3.2.4. By Variant
7.3.4. Italy Shortenings Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Source
7.3.4.2.2. By Key Ingredient
7.3.4.2.3. By Application
7.3.4.2.4. By Variant
7.3.5. Spain Shortenings Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Source
7.3.5.2.2. By Key Ingredient
7.3.5.2.3. By Application
7.3.5.2.4. By Variant
8. Asia-Pacific Shortenings Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Source
8.2.2. By Key Ingredient
8.2.3. By Application
8.2.4. By Variant
8.2.5. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Shortenings Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Source
8.3.1.2.2. By Key Ingredient
8.3.1.2.3. By Application
8.3.1.2.4. By Variant
8.3.2. India Shortenings Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Source
8.3.2.2.2. By Key Ingredient
8.3.2.2.3. By Application
8.3.2.2.4. By Variant
8.3.3. Japan Shortenings Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Source
8.3.3.2.2. By Key Ingredient
8.3.3.2.3. By Application
8.3.3.2.4. By Variant
8.3.4. South Korea Shortenings Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Source
8.3.4.2.2. By Key Ingredient
8.3.4.2.3. By Application
8.3.4.2.4. By Variant
8.3.5. Australia Shortenings Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Source
8.3.5.2.2. By Key Ingredient
8.3.5.2.3. By Application
8.3.5.2.4. By Variant
9. Middle East & Africa Shortenings Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Source
9.2.2. By Key Ingredient
9.2.3. By Application
9.2.4. By Variant
9.2.5. By Country
9.3. Middle East & Africa: Country Analysis
9.3.1. Saudi Arabia Shortenings Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Source
9.3.1.2.2. By Key Ingredient
9.3.1.2.3. By Application
9.3.1.2.4. By Variant
9.3.2. UAE Shortenings Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Source
9.3.2.2.2. By Key Ingredient
9.3.2.2.3. By Application
9.3.2.2.4. By Variant
9.3.3. South Africa Shortenings Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Source
9.3.3.2.2. By Key Ingredient
9.3.3.2.3. By Application
9.3.3.2.4. By Variant
10. South America Shortenings Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Source
10.2.2. By Key Ingredient
10.2.3. By Application
10.2.4. By Variant
10.2.5. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Shortenings Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Source
10.3.1.2.2. By Key Ingredient
10.3.1.2.3. By Application
10.3.1.2.4. By Variant
10.3.2. Colombia Shortenings Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Source
10.3.2.2.2. By Key Ingredient
10.3.2.2.3. By Application
10.3.2.2.4. By Variant
10.3.3. Argentina Shortenings Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Source
10.3.3.2.2. By Key Ingredient
10.3.3.2.3. By Application
10.3.3.2.4. By Variant
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. Global Shortenings Market: SWOT Analysis
14. Porter's Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Cargill Incorporated
15.1.1. Business Overview
15.1.2. Products & Services
15.1.3. Recent Developments
15.1.4. Key Personnel
15.1.5. SWOT Analysis
15.2. Conagra Brands Inc.
15.3. Bunge Global SA
15.4. Wilmar International Limited
15.5. the Archer Daniels Midland Company
15.6. International Foodstuff Company Holdings Limited
15.7. Ventura Foods LLC
15.8. AAK AB
15.9. Manildra Group
15.10. Associated British Foods PLC
16. Strategic Recommendations17. About the Publisher & Disclaimer

Companies Mentioned

The companies profiled in this Shortenings market report include:
  • Cargill Incorporated
  • Conagra Brands Inc.
  • Bunge Global SA
  • Wilmar International Limited
  • The Archer Daniels Midland Company
  • International Foodstuff Company Holdings Limited
  • Ventura Foods LLC
  • AAK AB
  • Manildra Group
  • Associated British Foods PLC

Table Information

Report AttributeDetails
No. of Pages180
PublishedNovember 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 4.87 Billion
Forecasted Market Value ( USD ) by 2030 $ 6.23 Billion
Compound Annual Growth Rate4.1%
Regions CoveredGlobal
No. of Companies Mentioned11

Related Topics

Related Reports

Shortenings Market Size, Share, Trends, Analysis, and Forecast 2025-2034 | Global Industry Growth, Competitive Landscape, Opportunities, and Challenges - Product Image

Shortenings Market Size, Share, Trends, Analysis, and Forecast 2025-2034 | Global Industry Growth, Competitive Landscape, Opportunities, and Challenges

  • Report
  • 150 Pages
  • Global
From
Shortenings - Global Strategic Business Report - Product Image

Shortenings - Global Strategic Business Report

  • Report
  • 323 Pages
  • Global
From
Shortenings Global Market Report 2025 - Product Image

Shortenings Global Market Report 2025

  • Report
  • 250 Pages
  • Global
From
Bread Shortening Market - Global Forecast to 2030 - Product Image

Bread Shortening Market - Global Forecast to 2030

  • Report
  • 196 Pages
  • Global
From
Organic Shortening Powder Market Outlook 2026-2034: Market Share, and Growth Analysis - Product Image

Organic Shortening Powder Market Outlook 2026-2034: Market Share, and Growth Analysis

  • Report
  • 160 Pages
  • Global
From
Copyright © 2002-2025 Research and Markets. All Rights Reserved.