Market Overview:
The global organic shortening powder market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for organic food products, rising awareness about the benefits of organic foods, and growing inclination of consumers towards convenience foods. On the basis of type, soybean shortening powder is expected to account for a major share of the global organic shortening powder market during the forecast period. This can be attributed to its high nutritional value and health benefits as compared to other types of shortening powders available in the market.
Product Definition:
Organic Shortening Powder is a type of organic powder that is used as a food additive. It is made from vegetable oils, and it helps to improve the texture and flavor of food products.
Palm Shortening Powder:
Palm shortening powder is a natural emulsifier used in the manufacturing of organic shortening powder. It helps to increase the viscosity and stabilize the structure of the product. The demand for palm shortening powder has been increasing on account of its growing application scope in various end-use industries including food & beverages, personal care & cosmetics, pharmaceuticals and paints among others.
Soybean Shortening Powder:
Soybean shortening powder is a non-GMO product, which contains soy protein and is used as an alternative to dairy products like butter. Soybean shortening powder has a high content of soy protein, which makes it the best substitute for dairy products like butter and cheese. It also has many nutritional properties like high in vitamins & minerals such as iron, calcium potassium magnesium phosphorous & amino acids making it healthy for consumption.
Application Insights:
The food service application segment led the global organic shortening powder market in 2017 and is projected to witness significant growth over the forecast period. The product has gained popularity in this sector as it can be used to prepare artery-friendly foods, such as sauces and salad dressings, without having any adverse effects on human health.
Moreover, increasing awareness among consumers regarding healthy lifestyle practices is expected to boost the demand for nutritious products including dairy alternatives across all major regions of the world. This factor will further increase consumer inclination toward purchasing natural food products containing no or minimal additives and preservatives which will propel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global organic shortening powder market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing awareness about healthy lifestyle, rising disposable income, and changing food preferences among consumers. Asia Pacific has been witnessing a growing demand for bakery products that are low in sugar content and high on taste. This factor is expected to have a positive impact on product demand over the next eight years.
North America accounted for more than 20% of total market share in 2016 owing to increased consumption of baked goods along with other processed foods such as frozen pizza, breakfast cereals, snacks & crackers; which are highly dependent upon shortening powder usage rather than butter or oil for baking purposes due to their superior properties such as easy handling & melting point etc.; thus driving industry growth across this region during the forecast period from 2017-2030 (Ref: National Organic Program (NOP), U.S.).
Growth Factors:
- Increasing demand for convenience foods: The growth of the organic shortening powder market can be attributed to the increasing demand for convenience foods, which is driven by changing lifestyles and busy schedules. Convenience foods are easy to prepare and do not require a lot of time or effort, making them ideal for people who are short on time.
- Rising awareness about the health benefits of organic food: There is a growing awareness about the health benefits of organic food, which has led to an increase in the demand for organic products such as organic shortening powder. Organic products are considered healthier than their conventional counterparts as they are free from pesticides and other harmful chemicals.
- Growing popularity of veganism and vegetarianism: The popularity of veganism and vegetarianism is another key driver behind the growth of the global organic shortening powder market. Veganism is a lifestyle choice that excludes all animal-based products from diet, while vegetarianism includes dairy and eggs but excludes meat products from diet. Both these lifestyles have gained immense traction in recent years owing to their health benefits.
Scope Of The Report
Report Attributes
Report Details
Report Title
Organic Shortening Powder Market Research Report
By Type
Palm Shortening Powder, Soybean Shortening Powder, Others
By Application
Food Industry, Foodservice, Household
By Companies
Archer Daniels Midland, Cargill, Augason Farms, The J.M. Smucker, Honeyville, Bluegrass Dairy & Food, DairiConcepts, Archer Daniels Midland
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Organic Shortening Powder Market Report Segments:
The global Organic Shortening Powder market is segmented on the basis of:
Types
Palm Shortening Powder, Soybean Shortening Powder, Others
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 Industry, Foodservice, Household
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:
- Archer Daniels Midland
- Cargill
- Augason Farms
- The J.M. Smucker
- Honeyville
- Bluegrass Dairy & Food
- DairiConcepts
- Archer Daniels Midland
Highlights of The Organic Shortening Powder 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:
- Palm Shortening Powder
- Soybean Shortening Powder
- Others
- By Application:
- Food Industry
- Foodservice
- Household
- 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 Organic Shortening Powder 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?
Organic shortening powder is a type of powdered organic compound that is made from vegetable oil and water. It can be used as an alternative to conventional cooking oils, such as olive oil, in baking recipes or for frying foods.
Some of the key players operating in the organic shortening powder market are Archer Daniels Midland, Cargill, Augason Farms, The J.M. Smucker, Honeyville, Bluegrass Dairy & Food, DairiConcepts, Archer Daniels Midland.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Organic Shortening Powder 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 Organic Shortening Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Organic Shortening Powder 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 Organic Shortening Powder 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 Organic Shortening Powder Market Size & Forecast, 2018-2028
4.5.1 Organic Shortening Powder Market Size and Y-o-Y Growth
4.5.2 Organic Shortening Powder Market Absolute $ Opportunity
Chapter 5 Global Organic Shortening Powder 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 Organic Shortening Powder Market Size Forecast by Type
5.2.1 Palm Shortening Powder
5.2.2 Soybean Shortening Powder
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Organic Shortening Powder 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 Organic Shortening Powder Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Foodservice
6.2.3 Household
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Organic Shortening Powder 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 Organic Shortening Powder 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 Organic Shortening Powder Analysis and Forecast
9.1 Introduction
9.2 North America Organic Shortening Powder 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 Organic Shortening Powder Market Size Forecast by Type
9.6.1 Palm Shortening Powder
9.6.2 Soybean Shortening Powder
9.6.3 Others
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 Organic Shortening Powder Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Foodservice
9.10.3 Household
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 Organic Shortening Powder Analysis and Forecast
10.1 Introduction
10.2 Europe Organic Shortening Powder 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 Organic Shortening Powder Market Size Forecast by Type
10.6.1 Palm Shortening Powder
10.6.2 Soybean Shortening Powder
10.6.3 Others
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 Organic Shortening Powder Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Foodservice
10.10.3 Household
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 Organic Shortening Powder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Organic Shortening Powder 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 Organic Shortening Powder Market Size Forecast by Type
11.6.1 Palm Shortening Powder
11.6.2 Soybean Shortening Powder
11.6.3 Others
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 Organic Shortening Powder Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Foodservice
11.10.3 Household
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 Organic Shortening Powder Analysis and Forecast
12.1 Introduction
12.2 Latin America Organic Shortening Powder 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 Organic Shortening Powder Market Size Forecast by Type
12.6.1 Palm Shortening Powder
12.6.2 Soybean Shortening Powder
12.6.3 Others
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 Organic Shortening Powder Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Foodservice
12.10.3 Household
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) Organic Shortening Powder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Organic Shortening Powder 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) Organic Shortening Powder Market Size Forecast by Type
13.6.1 Palm Shortening Powder
13.6.2 Soybean Shortening Powder
13.6.3 Others
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) Organic Shortening Powder Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Foodservice
13.10.3 Household
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 Organic Shortening Powder Market: Competitive Dashboard
14.2 Global Organic Shortening Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Archer Daniels Midland
14.3.2 Cargill
14.3.3 Augason Farms
14.3.4 The J.M. Smucker
14.3.5 Honeyville
14.3.6 Bluegrass Dairy & Food
14.3.7 DairiConcepts
14.3.8 Archer Daniels Midland
