Global Plant-Based Margarine Market By Product Type (Hard Margarine, Soft Margarine, Liquid Margarine), Application (Beverages, Convenience Food, Sauces, Dressings and Condiments, Bakery and Confectionery, Dairy Products, Others), Sales Channel (Direct to Customer Channel, Modern Trade Channel (Supermarket/Hypermarket), Convenience Store, Specialty Store, E-Retailers (Third Party Online Channel)), Usages (Spreadable, Non-Spreadable), End-User (Commercial, Household), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Plant-based margarine market is expected to grow at a rate of 8.0% in the forecast period 2020 to 2027. Increasing number of health benefits associated with the consumption of margarine will act as a factor for the plant-based margarine market in the forecast period of 2020- 2027.
The growing adoption of bakery and confectionery as a dessert, availability of product for lactose intolerant people, changing lifestyle of the people along with rising disposable income, growing number of small scale bakeries and artisanal bakeries are some of the factors which will likely to accelerate the growth of the plant-based margarine market in the forecast period of 2020-2027. On the other hand, rising preferences of the product with high nutritional value and low fat content which will further boost various opportunities for the growth of the plant-based margarine market in the above mentioned forecast period.
Stringent regulations along with rising need to meet international quality standards are acting as market restraints for the growth of the plant-based margarine in the above mentioned forecast period.
This plant-based margarine market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on plant-based margarine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Plant-Based Margarine Market Scope and Market Size
Plant-based margarine market is segmented on the basis of product type, application, sales channel, usages, and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the plant-based margarine market is segmented into hard margarine, soft margarine, and liquid margarine.
- Based on application, the plant-based margarine market is segmented into beverages, convenience food, sauces, dressings and condiments, bakery and confectionery, dairy products, and others.
- Based on the sales channel, the plant-based margarine market is segmented into direct to customer channel, modern trade channel (supermarket/hypermarket), convenience store, specialty store, and E-retailers (third party online channel).
- On the basis of usages, the plant-based margarine market is segmented into spreadable, and non-spreadable.
- The plant-based margarine market is also segmented on the basis of end-user. The end-user is segmented into commercial, and household.
Plant-Based Margarine Market Country Level Analysis
Plant-based margarine market is analyses and market size, volume information is provided by country by product type, application, sales channel, usages, and end-user as referenced above.
The countries covered in the plant-based margarine market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
North America dominates the plant-based margarine market due to the prevalence of large consumer base along with rising preferences towards healthier product while Asia-Pacific will expect to grow in the forecast period 2020 to 2027 because of rising health concern among the people along with growth of the food processing industry.
The country section of the plant-based margarine market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Plant-Based Margarine Market Share Analysis
Plant-based margarine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to plant-based margarine market.
The major players covered in the plant-based margarine report are Unilever; PURATOS; Wilmar International Ltd; Bunge Limited; Dairy Crest Limited; FUJI OIL HOLDINGS INC.; Richardson International Limited.; LASENOR EMUL, S.L.; NMGK Group; Currimjee Vandemoortele; EFKO Group; Sime Darby Oils Zwijndrecht Refinery B.V.; Muez-Hest India Private Limited.; Walter Rau Lebensmittelwerke GmbH; Conagra Brands, Inc.; Silverson; Bonanza Megah; Jeewanjee and Company Limited.; Cardowan Creameries Limited; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Customization Available : Global Plant-Based Margarine Market
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