Pune, India -- (SBWire) -- 01/20/2020 --The latest report on "Industrial Margarine Market (Application - Bakery, Spreads, Sauces, and Toppings, Confectionery, Convenience Food, and Other Applications; Type - Spreadable Margarine, All-purpose Industrial Margarine, and Butter Blend; Source - Animal Source, and Plant Source; Form - Hard Industrial Margarine, and Soft Industrial Margarine): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025." The global industrial margarine market is projected to grow at a CAGR of 4.3% over the forecast period of 2019-2025.
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Growing Demand for the Substitute of the Dairy-Based Fat Products is Helping to Grow the Demand of the Margarine Based Products Around the World
The growing demand for the substitute of the dairy-based fat products is helping to grow the demand for margarine based products around the world. Further, the growing consumer awareness about the side effects of the excessive application of the dairy-based fats is motivating the consumer to demand the different type of margarine based product. Simultaneously, the growing demand for a different type of bakery foods, processed food, and convenience, which need a large amount of the fat like products for cooking, baking and flavoring purpose is expected to boost the demand in the near future.
Segmentation of the Industrial Margarine Industry
The global Industrial-margarine market is segmented on the basis of application, type, source, and form. On the basis of application, the sub-markets include bakery, spreads, sauces, and toppings, confectionery, convenience food, and other applications. On the basis of type, the sub-markets include spreadable margarine, all-purpose industrial margarine, and butter blend. On the basis of source, the sub-markets include animal source and plant sources. On the basis of form, the sub-markets include hard industrial margarine and soft industrial margarine.
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North America is the Largest Player of the Industrial Margarine Market
Geographically, the Industrial-margarine market is divided into four regions namely, North America, Europe, the Asia-Pacific, and RoW. North America is the largest player in the industrial margarine market, owing to the presence of several food processing companies, who use a large amount of the margarine product in the production of different types of end-use food products.
Additionally, the presence of a large number of consumer groups who are fond of the different types of margarine based food products is helping to grow this market in North America. Europe is the second-largest market of the industrial margarine based food products, after North America. The Asia-Pacific industrial margarine market is expected to grow at the highest CAGR during the forecast period, owing to the growing demand for the different types of processed food products among the young and middle-class consumers in this region.
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Major Key Players of the Industrial Margarine Industry
The global Industrial-margarine market comprises several players, some of few profiled companies in this report are Aigremont n.v., Richardson International Limited, Royale Lacroix SA, EFKO Management Company, NMGK Group of Companies, Vandemoortele, Fuji Oil Co., Ltd., Associated British Foods plc, Wilmar International Limited, and Puratos, among others.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the industrial margarine.
=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
