세계의 쇼트닝 시장 리포트(2023년)

“Shortenings Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on shortenings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
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• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for shortenings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The shortenings market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

• 1) By Variant: Solid; Liquid; Cake/Icing; All-purpose

• 2) By Source: Vegetables; Animal

• 3) By Sales Channels: Direct Sales; Indirct Sales

• 4) By End User: HoReCa; Bakery; Confectionery; Processed Food; Household Retail

• Companies Mentioned: Cargill Incorporated; Bunge Limited; Wilmar International Limited; Archer Daniels Midland Company; Ventura Foods LLC

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the shortenings market are Cargill Incorporated, Bunge Limited, Wilmar International Limited, Archer Daniels Midland Company, Ventura Foods LLC, AAK AB, Manildra Group, International Foodstuff Company Holdings Limited, Conagra Brands Inc., Stratas Foods, Premium Vegetable Oils Sdn Bhd, Fediol, Namchow Chemical Industrial Co. Ltd., and Fuji Oil Co. Ltd.

The global shortenings market is expected to grow from $4.07 billion in 2022 to $4.28 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The shortenings market is expected to grow to $5.12 billion in 2027 at a CAGR of 4.6%.

The shortenings market consists of sales of shortenings sourced from tallows, soybeans, cottonseed, kernel oil, and corn oil. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Shortening is a solid fat at room temperature that can be used to give dishes like pastry a crumbly and crisp texture. Coating the flour in fat stops it from absorbing water, which inhibits the production of gluten and prevents the dish from becoming stretchy and elastic.

North America was the largest region in the shortenings market in 2022. The regions covered in the shortenings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main variants of shortenings are solid, liquid, cake/icing, and all-purpose shortenings. Solid shortenings refer to shortenings or hydrogenated solidified oils that are solids at room temperature. Solid shortenings include lard, margarine, and butter. These are sourced from vegetables and animals and sold through direct sales and indirect sales channel. These are used in HoReCa, bakery, confectionery, processed food, and household retail.

The increasing demand for bakery products is driving the shortenings market. The bakery industry includes the sales of baked foods such as bread, and cakes. The increasing demand for gourmet products and changing food habits are leading to a rise in bakery products. Shortenings improve bakery products by providing a rumbly and crisp texture and preventing the dish from becoming stretchy and elastic. For instance, according to a report published by the American Bakers Association, a US-based non-profit organization, the sales in the bakery aisle increased by 62.3% in the week ending March 15 2020. Additionally, according to IRI, a US-based company called Information Resources, Inc., sales of cookies and crackers rose by 44.3%. Therefore, increasing demand for bakery products will propel the shortenings market.

Product innovation have emerged as a key trend in the shortenings market. Major players in the shortenings market are innovating new products, including vegan, low calorie products, with lower sugar and fat content, to sustain in the market. For instance, in October 2021, Conagra Brands, a US-based packaged goods company, launched Reddi-Wip Zero Sugar. Reddi-Wip Zero Sugar is a creamy-textured, keto-friendly whipped cream topping made with real cream, with zero grams of sugar, zero carbohydrates, and 15 calories per serving. It contains no artificial flavors and it is gluten-free.

In December 2020, B&G Foods, Inc., a US-based manufacturer of shelf-stable and frozen foods, acquired Crisco brand of oils and shortening from The J. M. Smucker Co. for $550 million. Through this acquisition, B&G Foods, Inc. will meet the customer demand which rose during the COVID-19 pandemic. The J. M. Smucker Co. is a US-based food company.

The countries covered in the shortenings market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The shortenings market research report is one of a series of new reports from The Business Research Company that provides shortenings market statistics, including shortenings industry global market size, regional shares, competitors with a shortenings market share, detailed shortenings market segments, market trends and opportunities, and any further data you may need to thrive in the shortenings industry. This shortenings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Table of Contents

1. Executive Summary

2. Shortenings Market Characteristics

3. Shortenings Market Trends And Strategies

4. Shortenings Market - Macro Economic Scenario

• 4.1. COVID-19 Impact On Shortenings Market
• 4.2. Ukraine-Russia War Impact On Shortenings Market
• 4.3. Impact Of High Inflation On Shortenings Market

5. Shortenings Market Size And Growth

• 5.1. Global Shortenings Historic Market, 2017-2022, $ Billion
  • 5.1.1. Drivers Of The Market
  • 5.1.2. Restraints On The Market
• 5.2. Global Shortenings Forecast Market, 2022-2027F, 2032F, $ Billion
  • 5.2.1. Drivers Of The Market
  • 5.2.2. Restraints On the Market

6. Shortenings Market Segmentation

• 6.1. Global Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• Solid
• Liquid
• Cake Or Icing
• All-Purpose
• 6.2. Global Shortenings Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• Vegetables
• Animal
• 6.3. Global Shortenings Market, Segmentation By Sales Channels, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• Direct Sales
• Indirct Sales
• 6.4. Global Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• HoReCa (Hotels, Restaurants, And Catering)
• Bakery
• Confectionery
• Processed Food
• Household Retail

7. Shortenings Market Regional And Country Analysis

• 7.1. Global Shortenings Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 7.2. Global Shortenings Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Shortenings Market

• 8.1. Asia-Pacific Shortenings Market Overview
• Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
• 8.2. Asia-Pacific Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 8.3. Asia-Pacific Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Shortenings Market

• 9.1. China Shortenings Market Overview
• 9.2. China Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
• 9.3. China Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Shortenings Market

• 10.1. India Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 10.2. India Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Shortenings Market

• 11.1. Japan Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 11.2. Japan Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Shortenings Market

• 12.1. Australia Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 12.2. Australia Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Shortenings Market

• 13.1. Indonesia Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 13.2. Indonesia Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Shortenings Market

• 14.1. South Korea Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 14.2. South Korea Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Shortenings Market

• 15.1. Western Europe Shortenings Market Overview
• 15.2. Western Europe Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 15.3. Western Europe Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Shortenings Market

• 16.1. UK Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 16.2. UK Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Shortenings Market

• 17.1. Germany Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 17.2. Germany Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Shortenings Market

• 18.1. France Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 18.2. France Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Shortenings Market

• 19.1. Eastern Europe Shortenings Market Overview
• 19.2. Eastern Europe Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 19.3. Eastern Europe Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Shortenings Market

• 20.1. Russia Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 20.2. Russia Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Shortenings Market

• 21.1. North America Shortenings Market Overview
• 21.2. North America Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 21.3. North America Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Shortenings Market

• 22.1. USA Shortenings Market Overview
• 22.2. USA Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 22.3. USA Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Shortenings Market

• 23.1. South America Shortenings Market Overview
• 23.2. South America Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 23.3. South America Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Shortenings Market

• 24.1. Brazil Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 24.2. Brazil Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Shortenings Market

• 25.1. Middle East Shortenings Market Overview
• 25.2. Middle East Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 25.3. Middle East Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Shortenings Market

• 26.1. Africa Shortenings Market Overview
• 26.2. Africa Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 26.3. Africa Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Shortenings Market Competitive Landscape And Company Profiles

• 27.1. Shortenings Market Competitive Landscape
• 27.2. Shortenings Market Company Profiles
  • 27.2.1. Cargill Incorporated
    • 27.2.1.1. Overview
    • 27.2.1.2. Products and Services
    • 27.2.1.3. Strategy
    • 27.2.1.4. Financial Performance
  • 27.2.2. Bunge Limited
    • 27.2.2.1. Overview
    • 27.2.2.2. Products and Services
    • 27.2.2.3. Strategy
    • 27.2.2.4. Financial Performance
  • 27.2.3. Wilmar International Limited
    • 27.2.3.1. Overview
    • 27.2.3.2. Products and Services
    • 27.2.3.3. Strategy
    • 27.2.3.4. Financial Performance
  • 27.2.4. Archer Daniels Midland Company
    • 27.2.4.1. Overview
    • 27.2.4.2. Products and Services
    • 27.2.4.3. Strategy
    • 27.2.4.4. Financial Performance
  • 27.2.5. Ventura Foods LLC
    • 27.2.5.1. Overview
    • 27.2.5.2. Products and Services
    • 27.2.5.3. Strategy
    • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Shortenings Market

29. Shortenings Market Future Outlook and Potential Analysis

30. Appendix

• 30.1. Abbreviations
• 30.2. Currencies
• 30.3. Historic And Forecast Inflation Rates
• 30.4. Research Inquiries
• 30.5. The Business Research Company
• 30.6. Copyright And Disclaimer