According to the latest publication from Meticulous Research™, the global Industrial Margarine Market will grow at a CAGR of 3.0% from 2018 to 2023 to reach USD 2,945.5 million by 2023, driven by “its low price, increasing consumption of margarine, and growing bakery and confectionery industry. However, factors such as rising health issues and disorders related to obesity, growing need to comply with international quality standards, and stringent regulations are expected to hinder the growth of this market to some extent.”
The report also notes that, all purpose margarines accounted for the major share of this market in 2017, “owing to its ability to ensure high organoleptic properties of the finished product (clean milky taste and aroma) throughout the shelf life, stability of shape of deposited products after baking, and high resistance to oxidizing (low acid and peroxide values)”.
The key players operating in the global industrial margarine market are Wilmar International Limited, Bunge Limited, Remia C.V., Currimjee Group, FUJI OIL HOLDINGS INC., Richardson International Limited, s.a. Aigremontn.v., Vandemoortele, NMGK Group, EFKO Group, Royale Lacroix SA, Conagra Brands, Inc., and Puratos Group NV.
Market by Form
Market by Application
- Toppings, Sauces, and Spreads
- Convenience Food
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