Market Overview:
The global fat market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fats in food, industrial, and chemical applications. In terms of type, butter is expected to be the fastest-growing segment during the forecast period. This can be attributed to its increasing demand in food applications across the globe.
Product Definition:
A lipid molecule that is a constituent of animal tissue, especially in the form of a triglyceride. Fats are an important source of energy and essential fatty acids.
Butter:
Butter is a dairy product in the form of soft solid fat. It is produced in a factory by separating milk solids from the milk liquid using emulsification or churning process. The butter production process includes four stages such as washing, cutting, homogenization and heating which are essential for producing high-quality spreads or butter.
Shortenings & Margarine:
Shortenings & margarine is a food product that consists of vegetable oil and milk powder. It is used as an alternative for butter in fast foods and bakery products. The global market demand was 1,12,000 tons in 2014 and is expected to grow at a CAGR of XX% from 2015 to 2022. Growing health concerns among consumers regarding high cholesterol levels have been driving the market growth over the past few years.
Application Insights:
Food application dominated the global fat market, accounting for more than 55% of the total revenue share in 2017. The product is widely used in food preparation including frying and baking to enhance the taste and nutritional value of foods. Rising demand for convenience products along with growing health awareness among consumers is expected to drive growth over the forecast period.
Industrial segment was valued at USD 1,818.5 million in 2017 owing to increasing use of animal fats such as beef tallow and lard as a cooking medium across several industries including soap making, candle making.
Regional Analysis:
North America dominated the global market in 2017, accounting for a share of over 30.0% owing to the high consumption of dairy products and meat products in the region. The U.S., being a major producer of beef, is one of the largest consumers as well as producers globally; thus making it an important regional market for beef fats and lardons.
Asia Pacific is expected to be one of fastest-growing regional markets with a CAGR exceeding 5% from 2018 to 2030 due to rapid industrialization coupled with increasing consumer disposable income levels in emerging economies such as China.
Growth Factors:
- Increasing awareness about the health benefits of a healthy diet and regular exercise.
- Rising income levels and growing disposable incomes, especially in developing countries.
- Growing demand for convenience foods and ready-to-eat meals.
- Proliferation of fast food chains and restaurants that offer unhealthy food options at affordable prices.
- Increased marketing by food manufacturers to promote their products as healthy alternatives to traditional snacks and junk foods
Scope Of The Report
Report Attributes
Report Details
Report Title
Fat Market Research Report
By Type
Butter, Shortenings & Margarine, Lard, Tallow, Others (Poultry Fats and Suet)
By Application
Food, Industrial, Chemical Uses, Personal Care, Animal Feed, PharmaceuticalÂ
By Companies
Associated British Foods PLC, Archer Daniels Midland Company , Bunge Limited , Wilmar International Limited , Cargill Incorporated , Conagra Foods, International Foodstuff Company Holdings Limited, Unilever PLC , United Plantations Berhad , Ajinomoto
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Fat Market Report Segments:
The global Fat market is segmented on the basis of:
Types
Butter, Shortenings & Margarine, Lard, Tallow, Others (Poultry Fats and Suet)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Industrial, Chemical Uses, Personal Care, Animal Feed, PharmaceuticalÂ
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Associated British Foods PLC
- Archer Daniels Midland CompanyÂ
- Bunge LimitedÂ
- Wilmar International LimitedÂ
- Cargill IncorporatedÂ
- Conagra Foods
- International Foodstuff Company Holdings Limited
- Unilever PLCÂ
- United Plantations BerhadÂ
- Ajinomoto
Highlights of The Fat Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Butter
- Shortenings & Margarine
- Lard
- Tallow
- Others (Poultry Fats and Suet)
- By Application:
- Food
- Industrial
- Chemical Uses
- Personal Care
- Animal Feed
- PharmaceuticalÂ
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fat Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fat is a type of molecule that is found in food. It is a storage form of energy and helps to keep us warm.
Some of the major players in the fat market are Associated British Foods PLC, Archer Daniels Midland Company‚Â , Bunge Limited‚Â , Wilmar International Limited‚Â , Cargill Incorporated‚Â , Conagra Foods, International Foodstuff Company Holdings Limited, Unilever PLC‚Â , United Plantations Berhad‚Â , Ajinomoto.
The fat market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fat Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fat Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fat Market - Supply Chain
4.5. Global Fat Market Forecast
4.5.1. Fat Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fat Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fat Market Absolute $ Opportunity
5. Global Fat Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fat Market Size and Volume Forecast by Type
5.3.1. Butter
5.3.2. Shortenings & Margarine
5.3.3. Lard
5.3.4. Tallow
5.3.5. Others (Poultry Fats and Suet)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fat Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fat Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Industrial
6.3.3. Chemical Uses
6.3.4. Personal Care
6.3.5. Animal Feed
6.3.6. Pharmaceutical
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fat Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fat Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fat Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fat Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fat Demand Share Forecast, 2019-2026
9. North America Fat Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fat Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fat Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Industrial
9.4.3. Chemical Uses
9.4.4. Personal Care
9.4.5. Animal Feed
9.4.6. Pharmaceutical
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fat Market Size and Volume Forecast by Type
9.7.1. Butter
9.7.2. Shortenings & Margarine
9.7.3. Lard
9.7.4. Tallow
9.7.5. Others (Poultry Fats and Suet)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fat Demand Share Forecast, 2019-2026
10. Latin America Fat Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fat Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fat Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Industrial
10.4.3. Chemical Uses
10.4.4. Personal Care
10.4.5. Animal Feed
10.4.6. Pharmaceutical
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fat Market Size and Volume Forecast by Type
10.7.1. Butter
10.7.2. Shortenings & Margarine
10.7.3. Lard
10.7.4. Tallow
10.7.5. Others (Poultry Fats and Suet)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fat Demand Share Forecast, 2019-2026
11. Europe Fat Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fat Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fat Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Industrial
11.4.3. Chemical Uses
11.4.4. Personal Care
11.4.5. Animal Feed
11.4.6. Pharmaceutical
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fat Market Size and Volume Forecast by Type
11.7.1. Butter
11.7.2. Shortenings & Margarine
11.7.3. Lard
11.7.4. Tallow
11.7.5. Others (Poultry Fats and Suet)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fat Demand Share, 2019-2026
12. Asia Pacific Fat Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fat Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fat Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Industrial
12.4.3. Chemical Uses
12.4.4. Personal Care
12.4.5. Animal Feed
12.4.6. Pharmaceutical
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fat Market Size and Volume Forecast by Type
12.7.1. Butter
12.7.2. Shortenings & Margarine
12.7.3. Lard
12.7.4. Tallow
12.7.5. Others (Poultry Fats and Suet)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fat Demand Share, 2019-2026
13. Middle East & Africa Fat Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fat Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fat Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Industrial
13.4.3. Chemical Uses
13.4.4. Personal Care
13.4.5. Animal Feed
13.4.6. Pharmaceutical
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fat Market Size and Volume Forecast by Type
13.7.1. Butter
13.7.2. Shortenings & Margarine
13.7.3. Lard
13.7.4. Tallow
13.7.5. Others (Poultry Fats and Suet)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fat Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fat Market: Market Share Analysis
14.2. Fat Distributors and Customers
14.3. Fat Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Associated British Foods PLC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Archer Daniels Midland Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bunge Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Wilmar International Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cargill Incorporated
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Conagra Foods
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. International Foodstuff Company Holdings Limited
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Unilever PLC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. United Plantations Berhad
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ajinomoto
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
