Global Specialty Shortening Market Growth 2023-2029

Global Specialty Shortening Market Growth 2023-2029

Specialty shortenings are the fatty substances that are majorly used in the bakery and confectionery products.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Specialty Shortening 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 Specialty Shortening.

The global Specialty Shortening 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 Specialty Shortening 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 Specialty Shortening 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 Specialty Shortening is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Specialty Shortening players cover Bunge, Cargill, ADM, Ventura Foods, Musim Mas Holdings, Sime Darby Kempas and Tate & Lyle, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Plant-based Specialty Shortening
Animal-derived Specialty Shortening

Segmentation by application
Supermarket
Convenience Store
Online Store
Others

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.
Bunge
Cargill
ADM
Ventura Foods
Musim Mas Holdings
Sime Darby Kempas
Tate & Lyle

Key Questions Addressed in this Report

What is the 10-year outlook for the global Specialty Shortening market?

What factors are driving Specialty Shortening market growth, globally and by region?

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

How do Specialty Shortening market opportunities vary by end market size?

How does Specialty Shortening 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.