Market Overview:
The global high ratio shortening market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for convenience foods and bakery products, and the rising awareness about health and wellness among consumers. The liquid high ratio shortening segment is expected to dominate the global market during the forecast period, owing to its ease of use and versatility in baking applications. The powder high ratio shortening segment is projected to grow at a higher CAGR than other segments during the forecast period, as it offers several benefits such as longer shelf life, better storage stability, and easy transportation. In terms of application, the bakery segment is expected to account for a major share of the global high ratio shortening market during 2018-2030. This can be attributed to factors such as growing demand for baked goods across regions due their nutritional value, portability, and convenience; rising disposable income levels; changing lifestyles; and increasing urbanization rates.
Product Definition:
High Ratio Shortening is a type of vegetable shortening that is made with a high percentage of fat. It is important for baking because it has a higher melting point than other types of shortening, which helps to create bakery-quality products that are fluffy and light.
Liquid:
Liquid is a by-product obtained during the manufacturing of Shortening and Starch. It is a clear, water-soluble liquid with an odor similar to sweet corn. Liquid shortening has been used as an ingredient in ice creams, cakes, breads and other baked goods on account of its smooth texture and taste masking capabilities.
Powder:
Powder is a fine, dry, granular material that is made up of starch and protein. It can be used as an alternative to liquid shortening in any food product. The major application of powder form includes bakery products such as breads and cakes where it acts as an anti-caking agent to prevent the formation of lumps during processing.
Application Insights:
Bakery was the largest application segment in 2017 and is expected to witness a high growth rate over the forecast period. High ratio shortening is used in making breadsticks, croissants, pastries, cookies and cakes. The product reduces the amount of butter or margarine required while baking which helps reduce calories content and increase nutritional value of foodstuffs.
High ratio shortening acts as an effective substitute for conventional solid fats such as butter when it comes to preparing frozen desserts like ice creams, yogurts & sorbets which are widely consumed across the globe owing to their health benefits along with reducing calorie content in foodstuffs.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in developing countries such as China, India, Indonesia, Vietnam and Thailand. The high growth rate in this region can be attributed to the presence of numerous end-use industries that use shortenings for producing various products including frozen foods; baked goods; confectionery & bakery items; dairy products such as ice creams and yogurts; meat & seafood products etc.
The Asia Pacific was followed by North America which accounted for over 25% share of global revenue in 2017 owing to strong demand from U.S.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient foods that are easy to prepare and can be eaten on the go. This is driving the growth of the high ratio shortening market as it offers a quick and easy way to add flavor and texture to food.
- Rising popularity of bakery products: Bakery products are becoming increasingly popular, with consumers looking for new and innovative flavors and textures. High ratio shortenings are well-suited for use in bakery products as they help create a light, fluffy texture while adding flavor.
- Growing demand from emerging markets: The high ratio shortening market is witnessing strong growth in emerging markets such as China, India, and Brazil due to rising disposable incomes and changing dietary preferences among consumers in these regions. This is providing opportunities for companies operating in the high ratio shortening market to expand their presence in these countries.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Ratio Shortening Market Research Report
By Type
Liquid, Powder
By Application
Baking, Cold Drink, Quick Freezing
By Companies
Du Pont Nutrition and Health, Stepan Specialty Products LLC, Fine Organics, P&G Chemicals, Sensory Effects Flavor Company, Stratas Foods LLC, Global Agri Trade Corp, Du Pont Nutrition and Health
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global High Ratio Shortening Market Report Segments:
The global High Ratio Shortening market is segmented on the basis of:
Types
Liquid, Powder
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
Baking, Cold Drink, Quick Freezing
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:
- Du Pont Nutrition and Health
- Stepan Specialty Products LLC
- Fine Organics
- P&G Chemicals
- Sensory Effects Flavor Company
- Stratas Foods LLC
- Global Agri Trade Corp
- Du Pont Nutrition and Health
Highlights of The High Ratio 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:
- Liquid
- Powder
- By Application:
- Baking
- Cold Drink
- Quick Freezing
- 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 High Ratio 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.
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?
High ratio shortening is a type of chemical reaction in which a high reactant concentration results in the production of a shorter product.
Some of the major players in the high ratio shortening market are Du Pont Nutrition and Health, Stepan Specialty Products LLC, Fine Organics, P&G Chemicals, Sensory Effects Flavor Company, Stratas Foods LLC, Global Agri Trade Corp, Du Pont Nutrition and Health.
The high ratio shortening market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Ratio Shortening Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Ratio Shortening Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Ratio Shortening Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Ratio Shortening Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Ratio Shortening Market Size & Forecast, 2018-2028
4.5.1 High Ratio Shortening Market Size and Y-o-Y Growth
4.5.2 High Ratio Shortening Market Absolute $ Opportunity
Chapter 5 Global High Ratio Shortening Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Ratio Shortening Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Ratio Shortening Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Ratio Shortening Market Size Forecast by Applications
6.2.1 Baking
6.2.2 Cold Drink
6.2.3 Quick Freezing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Ratio Shortening Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Ratio Shortening Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Ratio Shortening Analysis and Forecast
9.1 Introduction
9.2 North America High Ratio Shortening Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Ratio Shortening Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Ratio Shortening Market Size Forecast by Applications
9.10.1 Baking
9.10.2 Cold Drink
9.10.3 Quick Freezing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Ratio Shortening Analysis and Forecast
10.1 Introduction
10.2 Europe High Ratio Shortening Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Ratio Shortening Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Ratio Shortening Market Size Forecast by Applications
10.10.1 Baking
10.10.2 Cold Drink
10.10.3 Quick Freezing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Ratio Shortening Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Ratio Shortening Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Ratio Shortening Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Ratio Shortening Market Size Forecast by Applications
11.10.1 Baking
11.10.2 Cold Drink
11.10.3 Quick Freezing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Ratio Shortening Analysis and Forecast
12.1 Introduction
12.2 Latin America High Ratio Shortening Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Ratio Shortening Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Ratio Shortening Market Size Forecast by Applications
12.10.1 Baking
12.10.2 Cold Drink
12.10.3 Quick Freezing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Ratio Shortening Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Ratio Shortening Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Ratio Shortening Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Ratio Shortening Market Size Forecast by Applications
13.10.1 Baking
13.10.2 Cold Drink
13.10.3 Quick Freezing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Ratio Shortening Market: Competitive Dashboard
14.2 Global High Ratio Shortening Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Du Pont Nutrition and Health
14.3.2 Stepan Specialty Products LLC
14.3.3 Fine Organics
14.3.4 P&G Chemicals
14.3.5 Sensory Effects Flavor Company
14.3.6 Stratas Foods LLC
14.3.7 Global Agri Trade Corp
14.3.8 Du Pont Nutrition and Health
