Global Bakery Fats Market Growth 2023-2029

Global Bakery Fats Market Growth 2023-2029

Bakery fats are premium fat-based products which possesses a wide range of specialty fats which are used in producing with high texture and taste which imparts richness, tenderness and flakiness. Bakery fats which are premium quality fats develops flavor in various bakery products slowly along with imparting a creamy sensation that have been developed which is used in various applications such as pastry, short pastry, cakes, breads, croissants, puff pastry and others. Bakery fats contains margarine which is a kind of semi-solid emulsion which is mainly used for spreading and cooking. Margarine is added to various bakery products in order to impart taste, aroma and flavor along with enhancing chemical, physical and nutritional properties. Bakery fats also includes vegetable oil and butter blends, shortenings, functional fats and others. Bakery fats are mostly used in production of various baked products and confectionery products globally. Bakery fats consists of physical properties which is helpful in improving batter aeration, better dough plasticity along with improved resistance to staling in bakery products.

LPI (LP Information)' newest research report, the “Bakery Fats Industry Forecast” looks at past sales and reviews total world Bakery Fats sales in 2022, providing a comprehensive analysis by region and market sector of projected Bakery Fats sales for 2023 through 2029. With Bakery Fats sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bakery Fats industry.

This Insight Report provides a comprehensive analysis of the global Bakery Fats landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bakery Fats portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bakery Fats market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bakery Fats and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bakery Fats.

The global Bakery Fats market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The global bakery fats market major driving factors are increasing demand of bakery fats in bakery industry for various baked products coupled with rising number of Bakery Fats based confectionery products are expected to significantly increase the revenue contribution of the global Bakery Fats market over the forecast period. Many consumers are using various types of Bakery Fats such as margarines, shortenings, crossiants and others in various bakery and confectionery products. Hence, the global Bakery Fats market is expected to observe robust growth over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Bakery Fats market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Margarine
Shortening
Bakery Oils
Others

Segmentation by application
Supermarket/Hypermarket
Online Stores
Retail Stores

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Premium Vegetable Oils
CSM Bakery Solutions
AAK
Wilmar International
AAK KAMANI PRIVATE
Fat Ben's Bakery
Goodman Fielder

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bakery Fats market?

What factors are driving Bakery Fats market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bakery Fats market opportunities vary by end market size?

How does Bakery Fats break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.