How big is the Shortening Market market?

The shortening market market size is estimated to grow at $$ 1327.9 mn in 2024-2028. <a href='https://www.technavio.com/report/shortening-market-analysis'>Read More</a>

Which segment accounted for the largest Shortening Market market share?

Market segmentation by source (Vegetables and Animal), channel (Indirect channel and Direct channel), and geography (Europe, North America, APAC, South America, and Middle East and .... <a href='https://www.technavio.com/report/shortening-market-analysis'>Read More</a>

Who are the key players in the Shortening Market market?

AAK AB, Archer Daniels Midland Co., Associated British Foods Plc, B and G Foods Inc., Bunge Ltd., Cargill Inc., CAROTINO SDN BHD, Fuji Oil Co. .... <a href='https://www.technavio.com/report/shortening-market-analysis'>Read More</a>

What are the factors driving the Shortening Market market?

The key factors driving the shortening market market growth are: High consumption of bakery products Increasing plant-based and vegan shortenings </.... <a href='https://www.technavio.com/report/shortening-market-analysis'>Read More</a>

Shortening Market Analysis Europe, North America, APAC, South America, Middle East and Africa - US, France, Germany, China, UK - Size and Forecast 2024-2028

Published: Aug 2024
Pages: 157
SKU: IRTNTR75613

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Shortening Market Size 2024-2028

The Shortening Market size is projected to increase by USD 1.33 billion, at a CAGR of 5% between 2023 and 2028. The high consumption of bakery products is driving market growth. Factors such as changing consumer preferences, lifestyle trends, cultural influences, and economic conditions are significantly driving the high demand for bakery products and freshly baked commodities. This baking ingredient is a crucial application for independent baker products as it is mainly used in baked products as it has a higher melting point compared to butter, which helps to create a tender and flaky texture in baked goods, such as pie crusts, biscuits, and pastries. The main feature is its low moisture content which helps to prevent spoilage and rancidity, contributing to the longer shelf life of baked goods. Due to consumers' growing preference for snacks and other on-the-go food products, it is expected to drive market growth during the forecast period.

Market Overview

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Source
- Executive Summary - Chart on Market Segmentation by Channel
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

2.2 Market characteristics
- Market characteristics analysis

2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition

3.2 Market segment analysis
- Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Shortening Market 2018 - 2022
- Historic Market Size - Data Table on Global Shortening Market 2018 - 2022 ($ million)

4.2 Source segment analysis 2018 - 2022
- Historic Market Size - Source Segment 2018 - 2022 ($ million)

4.3 Channel segment analysis 2018 - 2022
- Historic Market Size - Channel Segment 2018 - 2022 ($ million)

4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)

4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028

5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Source

6.1 Market segments
- Chart on Source - Market share 2023-2028 (%)
- Data Table on Source - Market share 2023-2028 (%)

6.2 Comparison by Source
- Chart on Comparison by Source
- Data Table on Comparison by Source

6.3 Vegetables - Market size and forecast 2023-2028
- Chart on Vegetables - Market size and forecast 2023-2028 ($ million)
- Data Table on Vegetables - Market size and forecast 2023-2028 ($ million)
- Chart on Vegetables - Year-over-year growth 2023-2028 (%)
- Data Table on Vegetables - Year-over-year growth 2023-2028 (%)

6.4 Animal - Market size and forecast 2023-2028
- Chart on Animal - Market size and forecast 2023-2028 ($ million)
- Data Table on Animal - Market size and forecast 2023-2028 ($ million)
- Chart on Animal - Year-over-year growth 2023-2028 (%)
- Data Table on Animal - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Source
- Market opportunity by Source ($ million)
- Data Table on Market opportunity by Source ($ million)

7 Market Segmentation by Channel

7.1 Market segments
- Chart on Channel - Market share 2023-2028 (%)
- Data Table on Channel - Market share 2023-2028 (%)

7.2 Comparison by Channel
- Chart on Comparison by Channel
- Data Table on Comparison by Channel

7.3 Indirect channel - Market size and forecast 2023-2028
- Chart on Indirect channel - Market size and forecast 2023-2028 ($ million)
- Data Table on Indirect channel - Market size and forecast 2023-2028 ($ million)
- Chart on Indirect channel - Year-over-year growth 2023-2028 (%)
- Data Table on Indirect channel - Year-over-year growth 2023-2028 (%)

7.4 Direct channel - Market size and forecast 2023-2028
- Chart on Direct channel - Market size and forecast 2023-2028 ($ million)
- Data Table on Direct channel - Market size and forecast 2023-2028 ($ million)
- Chart on Direct channel - Year-over-year growth 2023-2028 (%)
- Data Table on Direct channel - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Channel
- Market opportunity by Channel ($ million)
- Data Table on Market opportunity by Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

9.3 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)

9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)

9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.11 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)

9.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview

11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

11.3 Landscape disruption
- Overview on factors of disruption

11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered

12.2 Market positioning of companies
- Matrix on companies position and classification

12.3 AAK AB
- AAK AB - Overview
- AAK AB - Business segments
- AAK AB - Key offerings
- AAK AB - Segment focus

12.4 Archer Daniels Midland Co.
- Archer Daniels Midland Co. - Overview
- Archer Daniels Midland Co. - Business segments
- Archer Daniels Midland Co. - Key news
- Archer Daniels Midland Co. - Key offerings
- Archer Daniels Midland Co. - Segment focus

12.5 Associated British Foods Plc
- Associated British Foods Plc - Overview
- Associated British Foods Plc - Business segments
- Associated British Foods Plc - Key offerings
- Associated British Foods Plc - Segment focus

12.6 B and G Foods Inc.
- B and G Foods Inc. - Overview
- B and G Foods Inc. - Product / Service
- B and G Foods Inc. - Key offerings

12.7 Bunge Ltd.
- Bunge Ltd. - Overview
- Bunge Ltd. - Business segments
- Bunge Ltd. - Key news
- Bunge Ltd. - Key offerings
- Bunge Ltd. - Segment focus

12.8 Cargill Inc.
- Cargill Inc. - Overview
- Cargill Inc. - Product / Service
- Cargill Inc. - Key news
- Cargill Inc. - Key offerings

12.9 CAROTINO SDN BHD
- CAROTINO SDN BHD - Overview
- CAROTINO SDN BHD - Product / Service
- CAROTINO SDN BHD - Key offerings

12.10 IFFCO Group
- IFFCO Group - Overview
- IFFCO Group - Product / Service
- IFFCO Group - Key offerings

12.11 Manildra Flour Mills Pty. Ltd.
- Manildra Flour Mills Pty. Ltd. - Overview
- Manildra Flour Mills Pty. Ltd. - Product / Service
- Manildra Flour Mills Pty. Ltd. - Key offerings

12.12 Olivia Impex Pvt. Ltd.
- Olivia Impex Pvt. Ltd. - Overview
- Olivia Impex Pvt. Ltd. - Product / Service
- Olivia Impex Pvt. Ltd. - Key offerings

12.13 Palsgaard AS
- Palsgaard AS - Overview
- Palsgaard AS - Product / Service
- Palsgaard AS - Key offerings

12.14 Stratas Foods
- Stratas Foods - Overview
- Stratas Foods - Product / Service
- Stratas Foods - Key offerings

12.15 Vantage Specialty Chemicals
- Vantage Specialty Chemicals - Overview
- Vantage Specialty Chemicals - Product / Service
- Vantage Specialty Chemicals - Key offerings

12.16 Ventura Foods LLC
- Ventura Foods LLC - Overview
- Ventura Foods LLC - Product / Service
- Ventura Foods LLC - Key offerings

12.17 Wilmar International Ltd.
- Wilmar International Ltd. - Overview
- Wilmar International Ltd. - Business segments
- Wilmar International Ltd. - Key news
- Wilmar International Ltd. - Key offerings
- Wilmar International Ltd. - Segment focus

13 Appendix