Shortenings Market Rising Trends and Demands In Food Industry 2017-2025
Shortenings Market, By Source (Plant Based and Animal Based), By Form (Solid and Liquid), By Application (Bakery, Snacks & Savory, Confectionery, and Others), Distribution Channel (Hypermarkets, Supermarkets, Online Stores, and Others) – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2025
Shortenings Market, By Source (Plant Based and Animal Based), By Form (Solid and Liquid), By Application (Bakery, Snacks & Savory, Confectionery, and Others), Distribution Channel (Hypermarkets, Supermarkets, Online Stores, and Others) – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2025
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<strong>Shortenings</strong> <strong>Market</strong><br />
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY<br />
ANALYSIS, 2016<strong>2025</strong><br />
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REPORT DESCRIPTION<br />
<strong>Shortenings</strong> <strong>Market</strong>:Overview<br />
Shortening is prepared from vegetable oil or animal fat <strong>and</strong> is solid at room temperature. Shortening made by<br />
hydrogenation of vegetable oils such as Soy, Palm or Cottonseed are commonly used in applications such as<br />
bakery, snacks & savory products, <strong>and</strong> confectionery products. Shortening is added to the flour before baking,<br />
in order to prevent lengthening of gluten str<strong>and</strong>s <strong>and</strong> to avoid formation of tough matrix. As shortening<br />
contains saturated fats, unsaturated fats <strong>and</strong> transfat, it is enriched in calories. Therefore, most of the<br />
companies are changing their shortening product portfolio towards transfat free, to tap potential market of low<br />
calorie food.<br />
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REPORT DESCRIPTION<br />
<strong>Shortenings</strong> <strong>Market</strong>:Outlook<br />
On the basis of form, solid segment accounted for major market share in global shortenings market in <strong>2017</strong>.<br />
Multiple advantages of solid shortenings over liquid shortenings such as ease of h<strong>and</strong>ling & storage <strong>and</strong><br />
longer shelf life are factors aiding in growth of this segment.<br />
On the basis of source, plantbased segment was dominant in terms of share, in the market in <strong>2017</strong>. The<br />
segment is projected to maintain its dominance throughout the forecast period. Plantbased shortening is<br />
cheaper as compared to animal based shortening <strong>and</strong> possesses high shelf stability. It contains more fat, as a<br />
result, it adds more flaky texture to food products.<br />
On the basis of application, bakery segment accounted for the highest market share in the market in <strong>2017</strong>.<br />
<strong>Shortenings</strong> are preferred in the manufacturing of bakery products, in order to get crumbly, flaky, <strong>and</strong><br />
crusty texture. Therefore, increasing dem<strong>and</strong> for shortenings in the manufacturing of biscuits, cookies, <strong>and</strong><br />
various other products is fueling growth of the bakery segment.<br />
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REPORT DESCRIPTION<br />
<strong>Shortenings</strong> <strong>Market</strong>:Segmentation<br />
On the basis of source, global shortenings market is segmented into:<br />
➢<br />
Plant Based<br />
➢<br />
Animal Based<br />
On the basis of form, global shortenings market is segmented into:<br />
➢<br />
Solid<br />
➢<br />
Liquid<br />
On the basis of application, global shortenings market is segmented into:<br />
➢<br />
Bakery<br />
➢<br />
Snacks & Savory<br />
➢<br />
Confectionery<br />
➢<br />
Others<br />
On the basis of distribution channel, global shortenings market is segmented into:<br />
➢<br />
Hypermarkets<br />
➢<br />
Supermarkets<br />
➢<br />
Online Stores<br />
➢<br />
Others<br />
To know the latest trends <strong>and</strong> insights prevalent in this market, click the link below:<br />
https://www.coherentmarketinsights.com/ongoinginsight/shorteningsmarket1565<br />
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REPORT DESCRIPTION<br />
<strong>Shortenings</strong> <strong>Market</strong>:Key Players<br />
➢<br />
➢<br />
➢<br />
➢<br />
➢<br />
➢<br />
➢<br />
➢<br />
➢<br />
Archer Daniels Midl<strong>and</strong> Company<br />
Cargill <strong>In</strong>corporated<br />
Bunge Limited<br />
Wilmar <strong>In</strong>ternational Limited.<br />
Ventura <strong>Food</strong>s<br />
LLC<br />
Conagra Br<strong>and</strong>s<br />
Associated British <strong>Food</strong>s PLC<br />
AAK AB.<br />
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