Margarine is a substitute for butter, prepared from vegetable and animal fats by emulsifying them with water and adding small amount of milk, salt, vitamins, colouring matter, etc.
For the definitions and criteria of Margarine, there are distinction on the highest water content and the mixing extent of the butter and other fats depend on the different counties.
Currently, lots of companies in the world produce margarine product, mainly concentrating in USA and Europe. The main market players are Unilever, Bunge, NMGK Group, ConAgra, Zydus Cadila, etc. The market volume of margarine decreased from 2155 K MT in 2013 to 2078 K MT in 2017, with an average growth rate of -0.89%. The main reason is that people believe that butter will be better generally.
In consumption market, the entire global market is shrinking. This phenomenon is evident in the United States and Western European countries. In the Asia-Pacific region, especially in China and India. Economic development is good. There will be a slight increase. Because of the base is too small. It is difficult to change the global market trend.
Margarine can be classified as two types, including Special Type and Universal Type. It can be widely used in household and food industry. Survey results showed that 15.9% of the margarine market is household, 83% is used in food industry.
Over the next five years, Planet Market Reports projects that Margarine will register a –% CAGR in terms of revenue, reach US $$ million by 2023, from US $$ million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Margarine market by product type, application, key manufacturers and key regions.
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To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The Key Manufacturers covered in this report:
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Margarine consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Margarine market by identifying its various subsegments.
Focuses on the key global Margarine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Margarine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Margarine submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Name: Jennifer Daniel
Organization: Planet Market Reports