Market Overview:
The global margarine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy and convenient food products, increasing awareness about the health benefits of margarine, and growing population. In terms of type, the global margarine market is segmented into special type and universal type. The special type segment is further sub-segmented into premium butter blends, low-fat spreads, reduced calorie spreads, and others (including organic). The universal type segment is further sub-segmented into hydrogenated vegetable oils (HVO), interesterified fats (IEF), palm oil blends (POBs), sunflower oil blends (SOBs), rapeseed oil blends (ROBs) and others. Among these segments, the POBs segment is expected to grow at a highest CAGR during the forecast period from 2018 to 2030 owing to its properties such as high oxidative stability that helps in extending product shelf life; good flavor profile; neutral color; resistance against rancidity; suitability for frying applications; and good mouthfeel. In terms of application, the global margarine market is divided into food industry and household applications.
Product Definition:
Margarine is a soft, spreadable, butter-like substance that is made from vegetable oils and water. Margarine can be used as a substitute for butter in many recipes.
Special Type:
Special Type is used for the production of spreads, butter, cream cheese and other dairy products. It has a wide range of applications in margarine industry also. The factors that propel its growth are increasing demand from developing countries like India and China along with growing health awareness among consumers which will increase the consumption of low-calorie foods such as spreadable butter or cream cheese.
Universal Type:
The universal type is a method to determine the type of margarine which can be used in any application. It helps in providing an advantage of economies scale as it reduces the cost associated with production and development process. The main objective behind using this system is to reduce the time taken for product development, thus increasing productivity and reducing cost.
This technique has been adopted by major companies including Unilever, Cargill Inc.
Application Insights:
The food industry accounted for more than 70.0% of the global margarine market in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand for processed foods, bakery products, frozen desserts and dairy products across the globe. In addition, margarine is used as an ingredient in several prepared meals sold through retail stores and restaurants worldwide including pizza, pastries & cookies among others which are further likely to propel its demand over the forecast period.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for more than 35% of the global share. The region is expected to witness a significant growth owing to increasing demand for butter-based products, such as sandwiches, burgers, and French fries. However, stringent regulations regarding trans fats in developed economies are projected to hamper growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions from 2018 to 2030 on account of rapid urbanization coupled with rising disposable income levels among consumers especially in China and India. Furthermore, growing food processing industry due to supportive government policies will drive product demand over next eight years. Increasing consumption by households due mainly but not exclusively too margarine used as cooking oil has been driving regional market growth since past few years owing too its cheap price comparedtoo butter which has higher cost per unit volume thus making it affordable for middle income groups across emerging economies including China Indonesia Malaysia Philippines Thailand Vietnam Myanmar Singapore & India).
Growth Factors:
- Increasing health awareness among consumers for the need to reduce saturated fats in their diets, which has led to a shift towards healthier alternatives such as margarine.
- The increasing popularity of plant-based diets, which has resulted in an increase in demand for vegan and dairy-free margarines.
- The growing trend of snacking, with consumers looking for healthier snack options that can be enjoyed on the go. Margarine is a perfect option as it is both nutritious and convenient to transport and store.
- Rising prices of butter due to global shortages, which has encouraged consumers to switch to cheaper alternatives such as margarine.
Scope Of The Report
Report Attributes
Report Details
Report Title
Margarine Market Research Report
By Type
Special Type, Universal Type
By Application
Food Industry, Household
By Companies
Unilever, Bunge, NMGK Group, ConAgra, Zydus Cadila, Wilmar-International, Fuji Oil, BRF, Yildiz Holding, Grupo Lala, NamChow, Sunnyfoods, Cargill, COFCO, Uni-President, Mengniu Group, Yili Group, Brightdairy, Dairy Crest
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Margarine Market Report Segments:
The global Margarine market is segmented on the basis of:
Types
Special Type, Universal Type
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, 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:
- Unilever
- Bunge
- NMGK Group
- ConAgra
- Zydus Cadila
- Wilmar-International
- Fuji Oil
- BRF
- Yildiz Holding
- Grupo Lala
- NamChow
- Sunnyfoods
- Cargill
- COFCO
- Uni-President
- Mengniu Group
- Yili Group
- Brightdairy
- Dairy Crest
Highlights of The Margarine 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:
- Special Type
- Universal Type
- By Application:
- Food Industry
- 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 Margarine 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?
Margarine is a type of vegetable oil that is made from hydrogenated oils.
Some of the major players in the margarine market are Unilever, Bunge, NMGK Group, ConAgra, Zydus Cadila, Wilmar-International, Fuji Oil, BRF, Yildiz Holding, Grupo Lala, NamChow, Sunnyfoods, Cargill, COFCO, Uni-President, Mengniu Group, Yili Group, Brightdairy, Dairy Crest.
The margarine 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. Margarine 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. Margarine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Margarine Market - Supply Chain
4.5. Global Margarine Market Forecast
4.5.1. Margarine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Margarine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Margarine Market Absolute $ Opportunity
5. Global Margarine 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. Margarine Market Size and Volume Forecast by Type
5.3.1. Special Type
5.3.2. Universal Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Margarine 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. Margarine Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Household
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Margarine 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. Margarine 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 Margarine 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. Margarine 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 Margarine Demand Share Forecast, 2019-2026
9. North America Margarine 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 Margarine 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 Margarine Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Household
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Margarine Market Size and Volume Forecast by Type
9.7.1. Special Type
9.7.2. Universal Type
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 Margarine Demand Share Forecast, 2019-2026
10. Latin America Margarine 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 Margarine 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 Margarine Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Household
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Margarine Market Size and Volume Forecast by Type
10.7.1. Special Type
10.7.2. Universal Type
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 Margarine Demand Share Forecast, 2019-2026
11. Europe Margarine 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 Margarine 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 Margarine Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Household
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Margarine Market Size and Volume Forecast by Type
11.7.1. Special Type
11.7.2. Universal Type
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 Margarine Demand Share, 2019-2026
12. Asia Pacific Margarine 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 Margarine 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 Margarine Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Household
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Margarine Market Size and Volume Forecast by Type
12.7.1. Special Type
12.7.2. Universal Type
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 Margarine Demand Share, 2019-2026
13. Middle East & Africa Margarine 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 Margarine 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 Margarine Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Household
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Margarine Market Size and Volume Forecast by Type
13.7.1. Special Type
13.7.2. Universal Type
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 Margarine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Margarine Market: Market Share Analysis
14.2. Margarine Distributors and Customers
14.3. Margarine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Unilever
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bunge
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NMGK Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ConAgra
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zydus Cadila
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wilmar-International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fuji Oil
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BRF
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yildiz Holding
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Grupo Lala
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NamChow
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sunnyfoods
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cargill
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COFCO
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Uni-President
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mengniu Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Yili Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Brightdairy
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Dairy Crest
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
