Global Baking Fat and Margarine Market Growth 2023-2029

Global Baking Fat and Margarine Market Growth 2023-2029

The global Baking Fat and Margarine 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.

United States market for Baking Fat and Margarine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Baking Fat and Margarine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Baking Fat and Margarine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Baking Fat and Margarine players cover Upfield, Bunge, NMGK Group, ConAgra, Wilmar-International, Fuji Oil, BRF, Yildiz Holding and Grupo Lala, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Baking fat and margarine are both used as substitutes for butter in baking. Baking fat is usually made from hydrogenated vegetable oil and is solid at room temperature. It has a high melting point, making it suitable for baking applications where high temperatures are required. Margarine, on the other hand, is made from a combination of vegetable oils and water, and can be either solid or spreadable. It has a lower melting point than baking fat, making it more suitable for lower temperature baking applications like cakes and cookies.

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

This Insight Report provides a comprehensive analysis of the global Baking Fat and Margarine 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 Baking Fat and Margarine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Baking Fat and Margarine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Baking Fat and Margarine 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 Baking Fat and Margarine.

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

Market Segmentation:

Segmentation by type
Fat
Margarine

Segmentation by application
Food Processing
Bakery Shop
Home Use

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.
Upfield
Bunge
NMGK Group
ConAgra
Wilmar-International
Fuji Oil
BRF
Yildiz Holding
Grupo Lala
NamChow
Cargill
COFCO
Uni-President
Mengniu Group
Yili Group
Land O‘lakes
Arla Foods
Lactails
Fonterra
Amul

Key Questions Addressed in this Report

What is the 10-year outlook for the global Baking Fat and Margarine market?

What factors are driving Baking Fat and Margarine market growth, globally and by region?

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

How do Baking Fat and Margarine market opportunities vary by end market size?

How does Baking Fat and Margarine 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.