1463 4 min read

Global Vegetable Shortening Market Overview

Dec 15

The global <a href="https://www.databridgemarketresearch.com/reports/global-vegetable-shortening-market">vegetable shortening market size</a> is experiencing robust growth, primarily driven by the increasing consumer demand for healthier, trans-fat-free, and plant-based alternatives to traditional animal fats. Vegetable shortening, a crucial ingredient in the bakery, confectionery, and processed food industries, offers excellent functional properties such as improved texture, extended shelf life, and versatility in various applications like baking and deep-frying.<h3>Market Size and Growth Forecast of Vegetable Shortening</h3>The global shortening market, which includes vegetable shortening, is poised for significant expansion. Data Bridge Market Research analyses that the global vegetable shortening market is likely to reach the USD 2.10 billion by 2029, growing at a CAGR of 5.3% in the forecast period of 2022-2029.<table><tbody><tr><td>Market Metric</td><td>Projection A</td><td>Projection B</td><td>Projection C</td></tr><tr><td>Market Value (2025)</td><td>Not explicitly stated for 2025, but projected to reach USD 2.10 Billion by 2029</td><td>USD 4.20 Billion</td><td>Projected to grow from USD 16.5 Billion in 2025</td></tr><tr><td>CAGR (Forecast Period)</td><td>5.3% (2022-2029)</td><td>5.23% (2025-2030)</td><td>3.93% (2025-2035)</td></tr></tbody></table>Based on the average of available projections for the broader shortenings market, the Vegetable Shortening Market Size in 2025 is estimated to be approximately USD 4.20 Billion to USD 5.42 Billion, with the segment maintaining a strong growth trajectory aligned with the 5.3% CAGR projected by Data Bridge Market Research.Get a Sample Report of Vegetable Shortening Forecast @<a href="https://www.databridgemarketresearch.com/request-a-sample?dbmr=global-vegetable-shortening-market">https://www.databridgemarketresearch.com/request-a-sample?dbmr=global-vegetable-shortening-market</a><h3>Key Drivers and Restraints</h3><h4>Market Drivers</h4>Shift Towards Trans-Fat-Free Products: Global regulatory mandates and heightened consumer health awareness are compelling manufacturers to adopt trans-fat-free vegetable shortenings formulated via processes like enzymatic interesterification.Rising Demand in the Bakery and Confectionery Sector: Vegetable shortening is indispensable in creating desired textures (e.g., crumb softness in cakes, flakiness in pastries) for the rapidly expanding global bakery and confectionery industries.Growth of Convenience and Plant-Based Foods: The increasing popularity of ready-to-eat meals, processed snacks, and vegan/vegetarian diets fuels the demand for high-quality, plant-derived fat ingredients.<h4>Market Restraints</h4>Volatility in Raw Material Prices: Fluctuations in the prices of key vegetable oils, such as palm, soybean, and canola, pose a challenge to manufacturers' profit margins and market stability.Competition from Substitutes: The market faces competition from alternative fats like butter, lard, and other plant-based oils and margarines.Consumer Perception and Health Concerns: Despite the shift to trans-fat-free options, general consumer awareness regarding the potential health implications of high saturated fat intake in certain shortening types can act as a restraint.<h3>Segmentation Analysis of Vegetable Shortening</h3>The market is primarily segmented based on:Source: Dominated by Palm Oil-Based Shortening, followed by Soybean Oil-Based and other sources like Canola, Sunflower, and Cottonseed. Palm oil's versatility and cost-effectiveness maintain its leading position.Application: The Bakery sector holds the largest share, leveraging shortening for products like bread, cakes, and cookies. Frying and Confectionery are also major application segments, with some reports noting Frying as the largest application and Baking as the fastest-growing.Form: Segments include Solid (All-Purpose Shortening), Liquid, and specialized semi-solid forms like puff/lamination fats.Region: The Asia-Pacific (APAC) region is the fastest-growing market, driven by rapid urbanization and soaring demand for processed and convenience foods. North America and Europe remain significant markets due to established food processing industries and stringent trans-fat regulations, respectively.Do you have any specific queries or need any Vegetable Shortening Submit your inquiry here @<a href="https://www.databridgemarketresearch.com/inquire-before-buying?dbmr=global-vegetable-shortening-market">https://www.databridgemarketresearch.com/inquire-before-buying?dbmr=global-vegetable-shortening-market</a><h3>Competitive Landscape and Key Players of Vegetable Shortening</h3>The global vegetable shortening market is characterized by a moderate degree of concentration, with top players leveraging technological advancements in fat modification (like interesterification) and strategic partnerships to maintain market share. The competitive strategies focus heavily on product innovation to meet the clean-label and trans-fat-free demands.The prominent key players in the vegetable shortening market include:<ul><li>The J.M. Smucker Company</li><li> </li><li>ADM</li><li> </li><li>Cargill, Incorporated</li><li> </li><li>Bunge North America, Inc.</li><li> </li><li>Wilmar International Ltd</li><li> </li><li>IFFCO</li><li> </li><li>Manildra Group</li><li> </li><li>Associated British Foods plc</li><li> </li><li>Ruchi Soya</li><li> </li><li>Al-Khaleej Industries Sdn Bhd.</li><li> </li><li>MOI Foods U.S.A. Inc.</li><li> </li><li>Olenex Sàrl</li><li> </li><li>Walter Rau AG</li><li> </li><li>Yildiz Holding Inc.</li><li> </li><li>VFI GmbH</li><li> </li><li>AAK AB</li><li> </li><li>PURATOS</li><li> </li><li>Ventura Foods</li><li> </li><li>Royal Zeelandia Group BV</li><li> </li><li>Princes Limited</li><li> </li><li>B&G Foods, Inc.</li></ul>These companies compete through strategies like new product development, expanding production capacity, and securing sustainable sourcing initiatives, especially for palm oil.Get A Buy Now Report Vegetable Shortening Forecast @<a href="https://www.databridgemarketresearch.com/checkout/buy/global-vegetable-shortening-market/compare-licence">https://www.databridgemarketresearch.com/checkout/buy/global-vegetable-shortening-market/compare-licence</a><h3>Future Outlook</h3>The global Vegetable Shortening market is forecast to sustain strong growth, driven fundamentally by the paradigm shift away from traditional partially hydrogenated oils toward healthier, trans-fat-free, and plant-based alternatives. The market size is projected to range between USD 4.20 Billion and USD 5.42 Billion in 2025, with a CAGR hovering around 5.3% through the forecast period. Asia-Pacific is set to emerge as the growth engine, while established regions focus on premium, functional, and sustainably sourced products. Success for key players will hinge on continuous innovation in fat technology to meet the rising consumer and regulatory demands for Clean-Label Bakery Fats and low saturated fat content, mitigating the risks posed by raw material price volatility. The long-term outlook remains positive, tied directly to the global expansion of the processed food and bakery industries.About Us:Data Bridge is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.Contact :Data Bridge Market Research Private Ltd .3665 Kingsway - Suite 300 Vancouver BC V5R 5W2 Canada+1 614 591 3140 (US)+44 845 154 9652 (UK)Email: <a href="mailto:Sales@databridgemarketresearch.com">Sales@databridgemarketresearch.com</a>Website: <a href="https://www.databridgemarketresearch.com/">https://www.databridgemarketresearch.com</a>

Comments

Join the conversationSign in to comment