The global frying shortening market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of the market can be attributed to the increasing demand for processed food and bakery products, which are major end-use segments for frying shortening. The dairy industry is also expected to witness significant growth in the coming years due to its high consumption of frying shorteners in various applications such as cheese production and ice cream manufacturing.
Organic low lactose dairy food segment accounted for over 50% share of the global market in 2017, owing to its high demand from consumers who prefer organic products over conventional ones. Conventional low lactose dairy food segment is expected to grow at a CAGR of 5% during the forecast period due to its increasing usage in processed foods and bakery products industries which are major end-use segments for frying shortening.
Some Of The Growth Factors Of This Market:
- The demand for frying shortening is expected to increase in the near future due to the increasing number of people who are becoming health conscious and are looking for healthier alternatives to cooking with butter or oil.
- The demand for frying shortening is also expected to increase due to the increasing number of restaurants that are switching from using butter or oil in their cooking process, which will require them to use frying shortening instead.
- The demand for frying shortening is also expected to increase as a result of the increased consumption of fried foods, such as french fries and onion rings, which will require more frying shortening than ever before.
- The demand for frying shortener is also expected to increase as a result of an increased interest in veganism and vegetarianism, which will lead more people towards using vegetable oils instead of animal fats like butter or lard when they fry their food at home or at restaurants.
- Frying shortenings can be used in many different types of dishes other than just deep-frying french fries and onion rings, such as making doughnuts or even baking cakes.
Industry Growth Insights published a new data on “Frying Shortening Market”. The research report is titled “Frying Shortening Market research by Types (Organic Low Lactose Dairy Food, Conventional Low Lactose Dairy Food), By Applications (Dairy Products Industry, Processed Food Industry, Bakery Products Industry, Others), By Players/Companies Natu'oil Services, Cargill, Wilmar International, ADM, CHS, The J. M. Smucker, Bunge”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Frying Shortening Market Research Report
By Type
Organic Low Lactose Dairy Food, Conventional Low Lactose Dairy Food
By Application
Dairy Products Industry, Processed Food Industry, Bakery Products Industry, Others
By Companies
Natu'oil Services, Cargill, Wilmar International, ADM, CHS, The J. M. Smucker, Bunge
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Frying Shortening Market Report Segments:
The global Frying Shortening market is segmented on the basis of:
Types
Organic Low Lactose Dairy Food, Conventional Low Lactose Dairy Food
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
Dairy Products Industry, Processed Food Industry, Bakery Products Industry, Others
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:
- Natu'oil Services
- Cargill
- Wilmar International
- ADM
- CHS
- The J. M. Smucker
- Bunge
Highlights of The Frying Shortening 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:
- Organic Low Lactose Dairy Food
- Conventional Low Lactose Dairy Food
- By Application:
- Dairy Products Industry
- Processed Food Industry
- Bakery Products Industry
- Others
- 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 Frying Shortening 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.
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- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Frying shortening is a type of oil that is used to cook food. It is made from vegetable or animal fats that have been heated until they turn liquid and then solidify again.
Some of the major companies in the frying shortening market are Natu'oil Services, Cargill, Wilmar International, ADM, CHS, The J. M. Smucker, Bunge.
The frying shortening market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Frying Shortening 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. Frying Shortening Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Frying Shortening Market - Supply Chain
4.5. Global Frying Shortening Market Forecast
4.5.1. Frying Shortening Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Frying Shortening Market Size (000 Units) and Y-o-Y Growth
4.5.3. Frying Shortening Market Absolute $ Opportunity
5. Global Frying Shortening 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. Frying Shortening Market Size and Volume Forecast by Type
5.3.1. Organic Low Lactose Dairy Food
5.3.2. Conventional Low Lactose Dairy Food
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Frying Shortening 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. Frying Shortening Market Size and Volume Forecast by Application
6.3.1. Dairy Products Industry
6.3.2. Processed Food Industry
6.3.3. Bakery Products Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Frying Shortening 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. Frying Shortening 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 Frying Shortening 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. Frying Shortening 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 Frying Shortening Demand Share Forecast, 2019-2026
9. North America Frying Shortening 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 Frying Shortening 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 Frying Shortening Market Size and Volume Forecast by Application
9.4.1. Dairy Products Industry
9.4.2. Processed Food Industry
9.4.3. Bakery Products Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Frying Shortening Market Size and Volume Forecast by Type
9.7.1. Organic Low Lactose Dairy Food
9.7.2. Conventional Low Lactose Dairy Food
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 Frying Shortening Demand Share Forecast, 2019-2026
10. Latin America Frying Shortening 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 Frying Shortening 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 Frying Shortening Market Size and Volume Forecast by Application
10.4.1. Dairy Products Industry
10.4.2. Processed Food Industry
10.4.3. Bakery Products Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Frying Shortening Market Size and Volume Forecast by Type
10.7.1. Organic Low Lactose Dairy Food
10.7.2. Conventional Low Lactose Dairy Food
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 Frying Shortening Demand Share Forecast, 2019-2026
11. Europe Frying Shortening 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 Frying Shortening 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 Frying Shortening Market Size and Volume Forecast by Application
11.4.1. Dairy Products Industry
11.4.2. Processed Food Industry
11.4.3. Bakery Products Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Frying Shortening Market Size and Volume Forecast by Type
11.7.1. Organic Low Lactose Dairy Food
11.7.2. Conventional Low Lactose Dairy Food
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 Frying Shortening Demand Share, 2019-2026
12. Asia Pacific Frying Shortening 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 Frying Shortening 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 Frying Shortening Market Size and Volume Forecast by Application
12.4.1. Dairy Products Industry
12.4.2. Processed Food Industry
12.4.3. Bakery Products Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Frying Shortening Market Size and Volume Forecast by Type
12.7.1. Organic Low Lactose Dairy Food
12.7.2. Conventional Low Lactose Dairy Food
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 Frying Shortening Demand Share, 2019-2026
13. Middle East & Africa Frying Shortening 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 Frying Shortening 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 Frying Shortening Market Size and Volume Forecast by Application
13.4.1. Dairy Products Industry
13.4.2. Processed Food Industry
13.4.3. Bakery Products Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Frying Shortening Market Size and Volume Forecast by Type
13.7.1. Organic Low Lactose Dairy Food
13.7.2. Conventional Low Lactose Dairy Food
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 Frying Shortening Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Frying Shortening Market: Market Share Analysis
14.2. Frying Shortening Distributors and Customers
14.3. Frying Shortening Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Natu'oil Services
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cargill
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Wilmar International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ADM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CHS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. The J. M. Smucker
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bunge
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
