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Industrial Margarine Market
Industrial Margarine Market by Type (All Purpose Margarine, Spreadable, Butter Blend, Spray), Form (Hard and Soft), Source (Plants and Animals), Application (Bakery, Confectionery, Toppings, Sauces, and Spreads) - Global Forecast to 2030
Report ID:MRFB - 10453 Pages: 200 May-2023 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 HoursThe Industrial Margarine Market is Slated to Register a CAGR of 4.3% from 2023–2030 to Reach $3.54 Billion by 2030. The growing bakery industry, rising vegan population, and low-cost alternatives to butter drive the growth of the industrial margarine market. Furthermore, the rising demands for spreads and dips and emerging economies in Latin America, Asia, and the Middle East & Africa are expected to provide significant opportunities for the players operating in this market. However, the growing health-conscious consumer base is expected to restrain the growth of this market to some extent.
The Growing Bakery Industry Drives the Growth of the Industrial Margarine Market
The growing bakery industry has significantly impacted the demand for industrial margarine. Industrial margarine is a type of margarine specifically formulated for commercial bakery applications, such as the production of cakes, pastries, cookies, and other baked goods on a large scale. The bakery industry is one of the most well-established industries in Western Europe and North America. In recent years, the bakery industry has developed significantly due to technological advancements and increased per capita income, resulting in more demand for these items. According to the European Regional Development Fund (ERDF), in 2020, the bakery industry acquired a major portion of the food industry, with global sales estimated at USD 350 billion. One of the factors driving this trend is the increasing demand for commercially baked prepackaged goods. Margarine plays a prominent role in bakery products. Also, margarine is inexpensive than butter and provides similar quality, which drives its application in bakery products.
Gluten is a protein found in wheat, barley, and rye, which gives structure and elasticity to baked goods. Achieving the desired texture and moisture retention can be challenging when baking gluten-free products. Industrial margarine, specifically formulated for bakery applications, can help enhance the texture and moisture in gluten-free baked goods. It can provide a tender crumb, improve the mouthfeel, and contribute to the overall quality of gluten-free products. In addition, bakery products such as bread and pizza are stapled food products in various regions and countries, increasing global demand. Furthermore, emerging markets, such as Latin America, the Middle East & Africa, and Asia, hold great potential as Western lifestyles and eating habits continue to gain popularity in these regions. Technological advancements and increased per capita income levels have significantly developed the bakery industry, resulting in higher demand for bakery products and a growing demand for industrial margarine.
When using industrial margarine in a gluten-free bakery, it's crucial to ensure it is gluten-free and certified. Cross-contamination with gluten-containing ingredients can be a concern, especially in shared manufacturing facilities. Gluten-free certification and thorough ingredient sourcing practices are necessary to maintain the integrity of gluten-free products and meet the dietary requirements of individuals with gluten sensitivities or celiac disease.
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Key Findings in the Industrial Margarine Market Study:
The All-Purpose Margarine Segment to Dominate the Industrial Margarine Market in 2023
Based on type, the global industrial margarine market is segmented into all-purpose margarine, spreadable margarine, butter blend margarine, and spray margarine. In 2023, the all-purpose margarine segment is expected to account for the largest share of the global industrial margarine market. The large market share of this segment is attributed to its increasing demand from the food service industry, increasing bakery industry, and growing vegan population. One of the main benefits of all-purpose margarine is that it is lower in saturated fat than butter, which can benefit people looking to reduce their intake of saturated fat. It can be used in cooking, baking, and as a spread for bread, toast, or crackers.
In 2023, the Hard Margarine Segment is Expected to Account for the Larger Share of the Market
Based on form, the global industrial margarine market is segmented into hard and soft margarine. In 2023, the hard margarine segment is expected to account for the larger share of the industrial margarine market. The large market share of this segment is attributed to the low prices, growing demand for hard margarine from the bakery industry, and growing demand due to its nutritional value of margarine as it is cholesterol-free. Hard margarine has a longer shelf life compared to softer margarine or spreads. Its solid form helps preserve freshness and prevent spoilage, making it a convenient option for storing and using over an extended period. Hard margarine is widely available in grocery stores and foodservice establishments, making it easily accessible for home cooks and professional chefs.
However, the soft margarine segment is expected to witness significant growth during the forecast period. The rapid growth of this segment is mainly attributed to new product developments and the increasing consumer spending on spreads and dips products.
The Plant-based Margarine Segment to Dominate the Industrial Margarine Market in 2023
Based on source, the global industrial margarine market is segmented into plant and animal-based margarine. In 2023, the plant-based segment is expected to account for the largest share of the global industrial margarine market. The large market share of this segment is attributed to the growing vegan population, growing lactose intolerance population, and people moving towards plant-based foods. Plant-based industrial margarine is designed to provide similar functionality and characteristics as traditional industrial margarine while being free from animal-derived fats or other animal-based ingredients. Manufacturers of plant-based industrial margarine may offer custom formulations tailored to specific bakery requirements. These formulations can be designed to meet certain dietary preferences, allergen considerations, or desired characteristics for particular bakery products.
The Toppings, Sauces, and Spreads Segment to Register Fastest Growth During the Forecast Period
Based on application, the global industrial margarine market is segmented into bakery; confectionery; toppings, sauces, and spreads; convenience food; and other applications. The toppings, sauces, and spreads segment is expected to register the fastest growth in the global industrial margarine market. The growth of this segment is attributed to the changing consumption pattern of consumers and consumer preference for fast foods containing toppings and sauces.
Asia-Pacific: The Fastest-growing Regional Market
The industrial margarine market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is slated to register the fastest growth during the forecast period. The growth of this regional market is mainly attributed to the rising demand for ready-to-use packaged foods with changing lifestyles, rising disposable incomes, rapid urbanization & industrialization, and rising number of working women.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategic developments by leading market participants in the industry. Some of the key players operating in the global industrial margarine market are Wilmar International Limited (Singapore), Bunge Limited (U.S.), Remia C.V. (Netherlands), Currimjee Group (Mauritius), Fuji Oil Holdings Inc. (Japan), Richardson International Limited (Canada), S.A. Aigremont N.V.(Belgium), NMGK Group (Russia), Vandemoortele NV (Belgium), Royale Lacroix SA (Belgium), Conagra Brands, Inc. (U.S.), Puratos Group NV(Belgium), and Upfield B.V.(Netherlands).
Scope of the Report:
Industrial Margarine Market Assessment, by Type
- All Purpose Margarine
- Spreadable Margarine
- Butter Blend Margarine
- Spray Margarine
Industrial Margarine Market Assessment, by Form
- Hard Margarine
- Soft Margarine
Industrial Margarine Market Assessment, by Source
- Plants
- Animals
Industrial Margarine Market Assessment, by Application
- Bakery
- Confectionery
- Toppings, Sauces, and Spreads
- Convenience Food
- Other Applications
Industrial Margarine Market Assessment, by Region
- North America
- U.S
- Canada
- Europe
- Germany
- France
- U.K
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Key Questions Answered in the Report:
The industrial margarine market is expected to reach a value of $3.54 billion by 2030, with a CAGR of 4.3% from 2023–2030.
Based on type, the all-purpose margarine segment is slated to register the highest CAGR during the forecast period and provide significant opportunities for players operating in this market.
Based on form, the soft margarine segment is slated to register the highest CAGR during the forecast period and provide significant opportunities for players operating in this market.
- Growing Bakery Industry
- Rising Vegan Population
- Low-cost Alternatives to Butter
Growing Health-conscious Consumers
The major key players operating in the industrial margarine market are Wilmar International Limited (Singapore), Bunge Limited (U.S.), Remia C.V. (Netherlands), Currimjee Group (Mauritius), Fuji Oil Holdings Inc. (Japan), Richardson International Limited (Canada), S.A. Aigremont N.V.(Belgium), NMGK Group (Russia), Vandemoortele NV(Belgium), Royale Lacroix SA (Belgium), Conagra Brands, Inc. (U.S.), Puratos Group NV(Belgium), and Upfield B.V.(Netherlands).
Asia-Pacific is slated to register the fastest growth rate during the forecast period. The growth of this regional market is mainly attributed to the changing lifestyles, rising disposable incomes, rapid urbanization & industrialization, and rising number of working women.
1. Market Definition & Scope
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Process of Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders of The Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.1.1. Bottom-up Approach
2.3.1.2. Top-down Approach
2.3.1.3. Growth Forecast
2.3.2. Market Share Estimation
2.4. Assumptions for the Study
2.5. Limitations of the Study
3. Executive Summary
3.1. Overview
3.2. Segment Analysis
3.2.1. Global Industrial Margarine Market, by Type
3.2.2. Global Industrial Margarine Market, by Form
3.2.3. Global Industrial Margarine Market, by Source
3.2.4. Global Industrial Margarine Market, by Application
3.3. Global Industrial Margarine Market: Regional Analysis
3.4. Market Competitors
4. Market Insights
4.1. Overview
4.2. Drivers
4.2.1. Growing Bakery Industry
4.2.2. Rising Vegan Population
4.2.3. Low-cost Alternatives to Butter
4.3. Restraints
4.3.1. Growing Health-conscious Consumers
4.4. Opportunities
4.4.1. Rising Demands for Spreads and Dips
4.4.2. Emerging Economies in Latin America, Asia, and Middle East & Africa
4.5. Challenges
4.5.1. Regulatory Complexity
5. Global Industrial Margarine Market Assessment, by Type
5.1. Overview
5.2. All-Purpose Margarine
5.3. Spreadable Margarine
5.4. Butter Blend Margarine
5.5. Spray Margarine
6. Global Industrial Margarine Market Assessment, by Form
6.1. Overview
6.2. Hard Margarine
6.3. Soft Margarine
7. Global Industrial Margarine Market Assessment, by Source
7.1. Overview
7.2. Plants
7.3. Animals
8. Global Industrial Margarine Market Assessment, by Application
8.1. Overview
8.2. Bakery
8.3. Confectionery
8.4. Toppings, Sauces, and Spreads
8.5. Convenience Food
8.6. Other Applications
9. Industrial Margarine Market Assessment, by Geography
9.1. Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.3.6. Rest of Europe (RoE)
9.4. Asia-Pacific
9.4.1. China
9.4.2. India
9.4.3. Japan
9.4.4. Australia
9.4.5. South Korea
9.4.6. Rest of Asia-Pacific (RoAPAC)
9.5. Latin America
9.6. Middle East & Africa
10. Competitive Landscape
10.1. Overview
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Market Share Analysis, by Key Players (2022)
11. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments
11.1. Wilmar International Limited
11.2. Bunge Limited
11.3. Remia C.V.
11.4. Currimjee Group
11.5. Fuji Oil Holdings Inc.
11.6. Richardson International Limited
11.7. S.A. Aigremont N.V.
11.8. NMGK Group
11.9. Vandemoortele NV
11.10. Royale Lacroix SA
11.11. Conagra Brands, Inc.
11.12. Puratos Group NV
11.13. Upfield B.V.
12. Appendix
12.1. Available Customization
12.2. Related Reports
List of Table
Table 1 Global Industrial Margarine Market: Impact Analysis of Market Drivers (2023–2030)
Table 2 Global Industrial Margarine Market: Impact Analysis of Market Restraints (2023–2030)
Table 3 Global Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 4 Global Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 5 Global Industrial All-Purpose Margarine Market, by Country/Region, 2021–2030 (USD Million)
Table 6 Global Industrial All-Purpose Margarine Market, by Country/Region, 2021–2030 (MT)
Table 7 Global Industrial Spreadable Margarine Market, by Country/Region, 2021–2030 (USD Million)
Table 8 Global Industrial Spreadable Margarine Market, by Country/Region, 2021–2030 (MT)
Table 9 Global Industrial Butter Blend Margarine Market, by Country/Region, 2021–2030 (USD Million)
Table 10 Global Industrial Butter Blend Margarine Market, by Country/Region, 2021–2030 (MT)
Table 11 Global Industrial Spray Margarine Market, by Country/Region, 2021–2030 (USD Million)
Table 12 Global Industrial Spray Margarine Market, by Country/Region, 2021–2030 (MT)
Table 13 Global Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 14 Global Industrial Hard Margarine Market, by Country/Region, 2021–2030 (USD Million)
Table 15 Global Industrial Soft Margarine Market, by Country/Region, 2021–2030 (USD Million)
Table 16 Global Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 17 Global Plant-Based Industrial Margarine Market, by Country/Region, 2021–2030 (USD Million)
Table 18 Global Animal-Based Industrial Margarine Market, by Country/Region, 2021–2030 (USD Million)
Table 19 Global Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 20 Global Industrial Margarine Market for Bakery, by Country/Region, 2021–2030 (USD Million)
Table 21 Global Industrial Margarine Market for Confectionery, by Country/Region, 2021–2030 (USD Million)
Table 22 Global Industrial Margarine Market for Toppings, Sauces, and Spreads, by Country/Region, 2021–2030 (USD Million)
Table 23 Global Industrial Margarine Market for Convenience Food, by Country/Region, 2021–2030 (USD Million)
Table 24 Global Industrial Margarine Market for Other Applications, by Country/Region, 2021–2030 (USD Million)
Table 25 Industrial Margarine Market, by Region, 2021–2030 (USD Million)
Table 26 North America: Industrial Margarine Market, by Country, 2021–2030 (USD Million)
Table 27 North America: Industrial Margarine Market, by Country, 2021–2030 (MT)
Table 28 North America: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 29 North America: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 30 North America: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 31 North America: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 32 North America: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 33 U.S.: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 34 U.S.: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 35 U.S.: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 36 U.S.: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 37 U.S.: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 38 Canada: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 39 Canada: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 40 Canada: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 41 Canada: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 42 Canada: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 43 Europe: Industrial Margarine Market, by Country, 2021–2030 (USD Million)
Table 44 Europe: Industrial Margarine Market, by Country, 2021–2030 (MT)
Table 45 Europe: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 46 Europe: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 47 Europe: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 48 Europe: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 49 Europe: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 50 Germany: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 51 Germany: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 52 Germany: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 53 Germany: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 54 Germany: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 55 France: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 56 France: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 57 France: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 58 France: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 59 France: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 60 U.K.: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 61 U.K.: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 62 U.K.: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 63 U.K.: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 64 U.K.: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 65 Italy: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 66 Italy: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 67 Italy: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 68 Italy: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 69 Italy: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 70 Spain: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 71 Spain: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 72 Spain: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 73 Spain: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 74 Spain: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 75 Rest of Europe (RoE): Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 76 Rest of Europe (RoE): Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 77 Rest of Europe (RoE): Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 78 Rest of Europe (RoE): Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 79 Rest of Europe (RoE): Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 80 Asia-Pacific: Industrial Margarine Market, by Country, 2021–2030 (USD Million)
Table 81 Asia-Pacific: Industrial Margarine Market, by Country, 2021–2030 (MT)
Table 82 Asia-Pacific: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 83 Asia-Pacific: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 84 Asia-Pacific: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 85 Asia-Pacific: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 86 Asia-Pacific: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 87 China: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 88 China: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 89 China: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 90 China: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 91 China: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 92 India: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 93 India: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 94 India: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 95 India: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 96 India: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 97 Japan: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 98 Japan: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 99 Japan: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 100 Japan: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 101 Japan: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 102 Australia: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 103 Australia: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 104 Australia: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 105 Australia: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 106 Australia: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 107 South Korea: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 108 South Korea: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 109 South Korea: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 110 South Korea: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 111 South Korea: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 112 Rest of Asia-Pacific (RoAPAC): Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 113 Rest of Asia-Pacific (RoAPAC): Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 114 Rest of Asia-Pacific (RoAPAC): Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 115 Rest of Asia-Pacific (RoAPAC): Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 116 Rest of Asia-Pacific (RoAPAC): Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 117 Latin America: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 118 Latin America: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 119 Latin America: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 120 Latin America: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 121 Latin America: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 122 Middle East & Africa: Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Table 123 Middle East & Africa: Industrial Margarine Market, by Type, 2021–2030 (MT)
Table 124 Middle East & Africa: Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Table 125 Middle East & Africa: Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Table 126 Middle East & Africa: Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Table 127 Number of Developments by Major Players During 2019–2023
List of Figures
Figure 1 Market Ecosystem
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 7 Market Size Estimation
Figure 8 In 2023, the All-Purpose Margarine Segment is Expected to Dominate the Market
Figure 9 Global Industrial Margarine Market, by Form, 2023 Vs. 2030 (USD Million)
Figure 10 Global Industrial Margarine Market, by Source, 2023 Vs. 2030 (USD Million)
Figure 11 Global Industrial Margarine Market, by Application, 2023 Vs. 2030 (USD Million)
Figure 12 Asia-Pacific to be the Fastest-growing Regional Market
Figure 13 Factors Affecting Market Growth
Figure 14 Global Industrial Margarine Market, by Type, 2021–2030 (USD Million)
Figure 15 Global Industrial Margarine Market, by Type, 2021–2030 (MT)
Figure 16 Global Industrial Margarine Market, by Form, 2021–2030 (USD Million)
Figure 17 Global Industrial Margarine Market, by Source, 2021–2030 (USD Million)
Figure 18 Global Industrial Margarine Market, by Application, 2021–2030 (USD Million)
Figure 19 Global Industrial Margarine Market, by Region, 2021–2030 (USD Million)
Figure 20 North America: Industrial Margarine Market Snapshot (2023)
Figure 21 Europe: Industrial Margarine Market Snapshot (2023)
Figure 22 Asia-Pacific: Industrial Margarine Market Snapshot (2023)
Figure 23 Latin America: Industrial Margarine Market Snapshot (2023)
Figure 24 Middle East & Africa: Industrial Margarine Market Snapshot (2023)
Figure 25 Key Growth Strategies Adopted by Leading Players, 2019–2023
Figure 26 Industrial Margarine Market: Competitive Benchmarking of Key Players, by Application
Figure 27 Industrial Margarine Market Share Analysis, by Key Players, 2022 (%)
Figure 28 Wilmar International Limited: Financial Overview (2021)
Figure 29 Bunge Limited: Financial Overview (2021)
Figure 30 Remia C.V.: Financial Overview (2021)
Figure 31 Currimjee Group: Financial Overview (2020)
Figure 32 Fuji Oil Holdings Inc.: Financial Overview (2021)
Figure 33 NMGK Group: Financial Overview (2021)
Figure 34 Vandemoortele NV: Financial Overview (2021)
Figure 35 Conagra Brands, Inc.: Financial Overview (2022)
Figure 36 Puratos Group NV: Financial Overview (2021)
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