Global Margarine Market 2024-2028
The margarine market is forecasted to grow by USD 8.50 bn during 2023-2028, accelerating at a CAGR of 5.03% during the forecast period. The report on the margarine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing health consciousness among people, expanding bakery and confectionary sector, and increasing vegan and vegetarian population.
Technavio's margarine market is segmented as below:
By Distribution Channel
By Product
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the increasing demand for sustainable foods as one of the prime reasons driving the margarine market growth during the next few years. Also, expansion of low fat and less calories margarine segment and increase in the popularity of cafes globally will lead to sizable demand in the market.
The report on the margarine market covers the following areas:
- Margarine market sizing
- Margarine market forecast
- Margarine market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading margarine market vendors that include ADEKA Corp., Bunge Ltd., Conagra Brands Inc., Fuji Oil Holdings Inc., Kaneka Corp., Land O Lakes Inc., Marinfood Co. Ltd., NMGK Group, Richardson International Ltd., s.a. Aigremont n.v., Sime Darby Plantation Berhad, Upfield BV, Vandemoortele NV, Wilmar International Ltd., Puratos Group NV, and Gagar Foods Pvt. Ltd.. Also, the margarine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.