Industrial Margarine Market - Forecast(2024 - 2030)

Report Code: FBR 51184 Report Format: PDF + Excel

Industrial Margarine Market Overview:

Industrial Margarine is used for industrial baking, flavoring, and other cooking purposes. The industrial margarine market size is estimated to be 2.34 billion in 2018. It is expected to grow at a CAGR of 3.7% during the forecast period from 2019 to 2025. This growth can be attributed to the lower price compared to butter and growing usage of margarine in industrial applications. The changing health perceptions of consumers is also contributing the switch from butter to margarine.

Key Takeaways:

  • Rising health awareness and health conscious food consumption is driving the industrial margarine marketHealth awareness is high among consumers and they are consuming food that is healthy.  This health conscious food consumption is also contributing to the growth of industrial margarine market. 
  • Industrial margarine is finding main application in bakery products as consumers want low fat and low calorie alternatives to butter.
  • Margarine is commonly used as a substitute commonly used is for butter. But As the use of butter is slowly declining,  and margarine is only being increasingly used especially for industrial applications. 

Application - Segment Analysis

The Industrial Margarine industry is classified according to applications as Bakery, Confectionery, Convenience foods, and others. Bakery application is the having highest growth with CAGR of 3.4%. This is owing to the wide usage of margarine in bakery products. They are preferred for their low cost, and lower saturated fat.

Source - Segment Analysis

Industrial margarine maybe derived from animal and plant sources. Common animal source margarine is oleomargarine which is derived from beef fat. Plant sources include margarine derived from vegetable oils.

Geography - Segment Analysis

North America is the largest market occupying 36.5% of the industrial margarine market share during the period under study. Presence of large scale industrial margarine companies here is responsible for this market share. Also, increased consumption of processed food is also rising demand of margarine here.

Drivers – Industrial Margarine Market:

•             Increasing Demand for Butter Alternative

An increase in the use of margarine as a substitute for butter in baking and cooking has been observed lately. Margarine being cholesterol free helps to control cholesterol. Liquid margarine is more affordable and is free from trans-fat free and has substituted butter in baking.

•             Changing eating habits

A rise in the number of health disorders is also contributing to the growth in demand for industrial margarine. Change in living standards and eating habits are increasing demand for ready to eat food and snacks. A major ingredient in these products is margarine which again contributes to its demand.

•             Lower price of margarine

The lower price and fat content in margarine has increased its demand compared to butter and other spreads. Industrial application requires large amounts of butter. Hence margarine is a less expensive substitute for butter.

Challenges – Industrial Margarine Market:

•             Rising health concerns and substitutes replacing margarine

Margarine was previously considered as a healthy alternative for butter. However many people are allergic to margarine made from sources like soya and canola oil. They also contain trans-fats which tend to increase the risk of heart diseases. Thus alternative products like lard, cream cheese, olive oil and others are substituting use of margarine.

•             Government regulations 

Government regulations on the manufacture and marketing of such products is a major restraining factor for margarine market. Presence of trans-fats in margarine are prompting governments to impose restrictions that reduce its manufacture and hence consumption.

Industrial Margarine Industry Outlook:

Rise in product innovations and growing food service industry is contributing to the growth of Industrial Margarine market. The industrial Margarine top 10 companies are Congara, Associated British Foods, Fuij Oil, Richardson International, Royale Lacroix, Aigremont, Vandemoortele, NMGK Group, EFCO Group, and Wilmar International.

Industrial Margarine Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the Industrial Margarine market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types, sources, forms and applications of products.

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1. Industrial Margarine Market - Overview
        1.1 Definitions and Scope
2. Industrial Margarine Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Industrial Margarine Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Industrial Margarine Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Industrial Margarine Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Industrial Margarine Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Industrial Margarine Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Industrial Margarine Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Spreadable Margarine
            8.3.2 All-Purpose Industrial Margarine
            8.3.3 Butter Blend
9. Industrial Margarine Market - By Source (Market Size -$Million / $Billion)
9.1 Animal Source
9.2 Plant Source
        9.2 Industrial Margarine Market By Form
10. Industrial Margarine Market - By Form (Market Size -$Million / $Billion)
10.1 Hard Industrial Margarine
10.2 Soft Industrial Margarine
11. Industrial Margarine - By Application (Market Size -$Million / $Billion)
        11.1 Segment type Size and Market Share Analysis
        11.2 Application Revenue and Trends by type of Application
        11.3 Application Segment Analysis by Type
            11.3.1 Bakery
            11.3.2 Confectionery
            11.3.3 Convenience Food
            11.3.4 Others
12. Industrial Margarine- By Geography (Market Size -$Million / $Billion)
        12.1 Industrial Margarine Market - North America Segment Research
        12.2 North America Market Research (Million / $Billion)
            12.2.1 Segment type Size and Market Size Analysis
            12.2.2 Revenue and Trends
            12.2.3 Application Revenue and Trends by type of Application
            12.2.4 Company Revenue and Product Analysis
            12.2.5 North America Product type and Application Market Size
                  12.2.5.1 U.S
                  12.2.5.2 Canada
                  12.2.5.3 Mexico
                  12.2.5.4 Rest of North America
        12.3 Industrial Margarine- South America Segment Research
        12.4 South America Market Research (Market Size -$Million / $Billion)
            12.4.1 Segment type Size and Market Size Analysis
            12.4.2 Revenue and Trends
            12.4.3 Application Revenue and Trends by type of Application
            12.4.4 Company Revenue and Product Analysis
            12.4.5 South America Product type and Application Market Size
                  12.4.5.1 Brazil
                  12.4.5.2 Venezuela
                  12.4.5.3 Argentina
                  12.4.5.4 Ecuador
                  12.4.5.5 Peru
                  12.4.5.6 Colombia
                  12.4.5.7 Costa Rica
                  12.4.5.8 Rest of South America
        12.5 Industrial Margarine- Europe Segment Research
        12.6 Europe Market Research (Market Size -$Million / $Billion)
            12.6.1 Segment type Size and Market Size Analysis
            12.6.2 Revenue and Trends
            12.6.3 Application Revenue and Trends by type of Application
            12.6.4 Company Revenue and Product Analysis
            12.6.5 Europe Segment Product type and Application Market Size
                  12.6.5.1 U.K
                  12.6.5.2 Germany
                  12.6.5.3 Italy
                  12.6.5.4 France
                  12.6.5.5 Netherlands
                  12.6.5.6 Belgium
                  12.6.5.7 Denmark
                  12.6.5.8 Spain
                  12.6.5.9 Rest of Europe
        12.7 Industrial Margarine - APAC Segment Research
        12.8 APAC Market Research (Market Size -$Million / $Billion)
            12.8.1 Segment type Size and Market Size Analysis
            12.8.2 Revenue and Trends
            12.8.3 Application Revenue and Trends by type of Application
            12.8.4 Company Revenue and Product Analysis
            12.8.5 APAC Segment - Product type and Application Market Size
                  12.8.5.1 China
                  12.8.5.2 Australia
                  12.8.5.3 Japan
                  12.8.5.4 South Korea
                  12.8.5.5 India
                  12.8.5.6 Taiwan
                  12.8.5.7 Malaysia
                  12.8.5.8 Hong kong
                  12.8.5.9 Rest of APAC
        12.9 Industrial Margarine - Middle East Segment and Africa Segment Research
        12.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            12.10.1 Segment type Size and Market Size Analysis
            12.10.2 Revenue and Trend Analysis
            12.10.3 Application Revenue and Trends by type of Application
            12.10.4 Company Revenue and Product Analysis
            12.10.5 Middle East Segment Product type and Application Market Size
                  12.10.5.1 Israel
                  12.10.5.2 Saudi Arabia
                  12.10.5.3 UAE
            12.10.6 Africa Segment Analysis
                  12.10.6.1 South Africa
                  12.10.6.2 Rest of Middle East & Africa
13. Industrial Margarine Market - Entropy
        13.1 New product launches
        13.2 M&A s, collaborations, JVs and partnerships
14. Industrial Margarine Market - Industry / Segment Competition landscape Premium
        14.1 Market Share Analysis
            14.1.1 Market Share by Country- Top companies
            14.1.2 Market Share by Region- Top 10 companies
            14.1.3 Market Share by type of Application - Top 10 companies
            14.1.4 Market Share by type of Product / Product category- Top 10 companies
            14.1.5 Market Share at global level - Top 10 companies
            14.1.6 Best Practises for companies
15. Industrial Margarine Market - Key Company List by Country Premium
16. Industrial Margarine Market Company Analysis
        16.1 Market Share, Company Revenue, Products, M&A, Developments
        16.2 Aigremont
        16.3 Associated British Foods
        16.4 Bunge
        16.5 Conagra
        16.6 EFKO Group
        16.7 Fuji Oil
        16.8 NMGK Group
        16.9 Puratos
        16.10 Richardson International
        16.11 Royale Lacroix
        16.12 Vandemoortele
        16.13 Wilmar International
        16.14 Company 14
        16.16 Company 16 & More
*Financials would be provided on a best efforts basis for private companies
17. Industrial Margarine Market - Appendix
        17.1 Abbreviations
        17.2 Sources
18. Industrial Margarine Market - Methodology
        18.1 Research Methodology
            18.1.1 Company Expert Interviews
            18.1.2 Industry Databases
            18.1.3 Associations
            18.1.4 Company News
            18.1.5 Company Annual Reports
            18.1.6 Application Trends
            18.1.7 New Products and Product database
            18.1.8 Company Transcripts
            18.1.9 R&D Trends
            18.1.10 Key Opinion Leaders Interviews
            18.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Industrial Margarine Market By Type Market 2023-2030 ($M)
1.1 Spreadable Margarine Market 2023-2030 ($M) - Global Industry Research
1.2 All-Purpose Industrial Margarine Market 2023-2030 ($M) - Global Industry Research
1.3 Butter Blend Market 2023-2030 ($M) - Global Industry Research
2.Global Industrial Margarine Market By Source Market 2023-2030 ($M)
2.1 Animal Source Market 2023-2030 ($M) - Global Industry Research
2.2 Plant Source Market 2023-2030 ($M) - Global Industry Research
3.Global Industrial Margarine Market By Form Market 2023-2030 ($M)
3.1 Hard Industrial Margarine Market 2023-2030 ($M) - Global Industry Research
3.2 Soft Industrial Margarine Market 2023-2030 ($M) - Global Industry Research
4.Global Industrial Margarine Market By Type Market 2023-2030 (Volume/Units)
4.1 Spreadable Margarine Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 All-Purpose Industrial Margarine Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Butter Blend Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global Industrial Margarine Market By Source Market 2023-2030 (Volume/Units)
5.1 Animal Source Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Plant Source Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Industrial Margarine Market By Form Market 2023-2030 (Volume/Units)
6.1 Hard Industrial Margarine Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Soft Industrial Margarine Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America Industrial Margarine Market By Type Market 2023-2030 ($M)
7.1 Spreadable Margarine Market 2023-2030 ($M) - Regional Industry Research
7.2 All-Purpose Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
7.3 Butter Blend Market 2023-2030 ($M) - Regional Industry Research
8.North America Industrial Margarine Market By Source Market 2023-2030 ($M)
8.1 Animal Source Market 2023-2030 ($M) - Regional Industry Research
8.2 Plant Source Market 2023-2030 ($M) - Regional Industry Research
9.North America Industrial Margarine Market By Form Market 2023-2030 ($M)
9.1 Hard Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
9.2 Soft Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
10.South America Industrial Margarine Market By Type Market 2023-2030 ($M)
10.1 Spreadable Margarine Market 2023-2030 ($M) - Regional Industry Research
10.2 All-Purpose Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
10.3 Butter Blend Market 2023-2030 ($M) - Regional Industry Research
11.South America Industrial Margarine Market By Source Market 2023-2030 ($M)
11.1 Animal Source Market 2023-2030 ($M) - Regional Industry Research
11.2 Plant Source Market 2023-2030 ($M) - Regional Industry Research
12.South America Industrial Margarine Market By Form Market 2023-2030 ($M)
12.1 Hard Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
12.2 Soft Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
13.Europe Industrial Margarine Market By Type Market 2023-2030 ($M)
13.1 Spreadable Margarine Market 2023-2030 ($M) - Regional Industry Research
13.2 All-Purpose Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
13.3 Butter Blend Market 2023-2030 ($M) - Regional Industry Research
14.Europe Industrial Margarine Market By Source Market 2023-2030 ($M)
14.1 Animal Source Market 2023-2030 ($M) - Regional Industry Research
14.2 Plant Source Market 2023-2030 ($M) - Regional Industry Research
15.Europe Industrial Margarine Market By Form Market 2023-2030 ($M)
15.1 Hard Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
15.2 Soft Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
16.APAC Industrial Margarine Market By Type Market 2023-2030 ($M)
16.1 Spreadable Margarine Market 2023-2030 ($M) - Regional Industry Research
16.2 All-Purpose Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
16.3 Butter Blend Market 2023-2030 ($M) - Regional Industry Research
17.APAC Industrial Margarine Market By Source Market 2023-2030 ($M)
17.1 Animal Source Market 2023-2030 ($M) - Regional Industry Research
17.2 Plant Source Market 2023-2030 ($M) - Regional Industry Research
18.APAC Industrial Margarine Market By Form Market 2023-2030 ($M)
18.1 Hard Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
18.2 Soft Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
19.MENA Industrial Margarine Market By Type Market 2023-2030 ($M)
19.1 Spreadable Margarine Market 2023-2030 ($M) - Regional Industry Research
19.2 All-Purpose Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
19.3 Butter Blend Market 2023-2030 ($M) - Regional Industry Research
20.MENA Industrial Margarine Market By Source Market 2023-2030 ($M)
20.1 Animal Source Market 2023-2030 ($M) - Regional Industry Research
20.2 Plant Source Market 2023-2030 ($M) - Regional Industry Research
21.MENA Industrial Margarine Market By Form Market 2023-2030 ($M)
21.1 Hard Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research
21.2 Soft Industrial Margarine Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Industrial Margarine Market Revenue, 2023-2030 ($M)
2.Canada Industrial Margarine Market Revenue, 2023-2030 ($M)
3.Mexico Industrial Margarine Market Revenue, 2023-2030 ($M)
4.Brazil Industrial Margarine Market Revenue, 2023-2030 ($M)
5.Argentina Industrial Margarine Market Revenue, 2023-2030 ($M)
6.Peru Industrial Margarine Market Revenue, 2023-2030 ($M)
7.Colombia Industrial Margarine Market Revenue, 2023-2030 ($M)
8.Chile Industrial Margarine Market Revenue, 2023-2030 ($M)
9.Rest of South America Industrial Margarine Market Revenue, 2023-2030 ($M)
10.UK Industrial Margarine Market Revenue, 2023-2030 ($M)
11.Germany Industrial Margarine Market Revenue, 2023-2030 ($M)
12.France Industrial Margarine Market Revenue, 2023-2030 ($M)
13.Italy Industrial Margarine Market Revenue, 2023-2030 ($M)
14.Spain Industrial Margarine Market Revenue, 2023-2030 ($M)
15.Rest of Europe Industrial Margarine Market Revenue, 2023-2030 ($M)
16.China Industrial Margarine Market Revenue, 2023-2030 ($M)
17.India Industrial Margarine Market Revenue, 2023-2030 ($M)
18.Japan Industrial Margarine Market Revenue, 2023-2030 ($M)
19.South Korea Industrial Margarine Market Revenue, 2023-2030 ($M)
20.South Africa Industrial Margarine Market Revenue, 2023-2030 ($M)
21.North America Industrial Margarine By Application
22.South America Industrial Margarine By Application
23.Europe Industrial Margarine By Application
24.APAC Industrial Margarine By Application
25.MENA Industrial Margarine By Application
26.Conagra, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Bunge, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Puratos, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Wilmar International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Associated British Foods, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Fuji Oil, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Vandemoortele, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.NMGK Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.EFKO Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Royale Lacroix, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Richardson International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Aigremont, Sales /Revenue, 2015-2018 ($Mn/$Bn)