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Demand for Industrial margarine is increasing due to the rising preference of consumers for natural products such as Industrial margarine. However, demand for Industrial margarine is less in comparison to butter as Industrial margarine consists of additives. Decreasing price difference between butter and Industrial margarine and increasing home-baking trend drives the demand for the market. There is rising trend of natural food consumption due to the shift in consumer preference for processed foods. In Industrial margarine market, there is rising trend of adding salt. There is increasing demand for Industrial margarine owing to the growing food television culture that emphasizes the benefits of Industrial margarine consumption. BakeMark UK launched baking fats that are used in cakes and pastries. Baking fat consists of Industrial margarine. Several Industrial margarine companies promoted their products by emphasizing that their products lack trans-fat.
Global Industrial Margarine Market: Segmentation
The global Industrial margarine market is segmented on the basis of types, form, application, and region
On the basis of types, the global Industrial margarine market is segmented into:-
- Spreadable
- All Purpose
- Butter Blend
On the basis of form, the global Industrial margarine market is segmented into:-
- Hard
- Soft
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Some of the few players identified in the global Industrial Margarine market include ConAgra (US), Bunge (Germany), Puratos (Belgium), Associated British Foods (US), Fuji Oil (Japan), Richardson International (Italy), Royale Lacroix (Belgium), Aigremont (Belgium), Vandemoortele (Belgium), NMGK Group (Russia), EFCO Group (Russia), and Wilmar International (Singapore).
The Industrial Margarine market is anticipated to be positively influenced by evolving consumer preferences, and increasing number of Margarine product variants. Catering the growing demand for cake or bakery products containing several health benefits is one of the key supply-side driver supporting the market growth. Industrial Margarine containing natural ingredients coupled lower product penetration level in developing economies is generating opportunities for both large scale and small scale manufacturers across the globe.
The analysis will be done on modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the types, applications and end uses of the segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.
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