[190 Pages Report] The Industrial Margarine Market size was estimated at USD 4.51 billion in 2023 and expected to reach USD 4.71 billion in 2024, at a CAGR 4.81% to reach USD 6.27 billion by 2030.
Industrial margarine is used in the food industry as an alternative to butter used as toppings, spreads, baking, and other cooking purposes. It is made from vegetable oils, such as palm, canola, or sunflower oil, and can be used in many baking and cooking applications. Margarine acts as an emulsifier in food applications and offers organoleptic characteristics to the end-user product apart from increasing the shelf-life. The use of margarine as a substitute for butter in baking and cooking has witnessed a notable driving factor of the market due to its cost-effectiveness compared to butter makes it appealing to both large-scale food production and budget-conscious consumers. The inclination toward convenient and instantly processed food, busy lifestyles, rising westernization of food dishes, and growing demand for confectionery and bakery products have led to the increased demand for industrial margarine products. However, strict regulations of government against the consumption and manufacturing of industrially-manufactured trans fats and composition, labeling, food safety, and advertising of the industrial margarine market may hinder the growth of the market. Moreover, the introduction of new products, significant expansion of production capacities, and improvement in margarine production & processing techniques to enhance product quality, functionality, and efficiency have created a lucrative market opportunity in the forecasted period.
Industrial margarine is categorized into various types, each tailored to specific culinary applications and consumer preferences. All-purpose margarine is a versatile option designed for baking and cooking, providing a desirable texture and flavor. Butter blend margarine, on the other hand, combines the rich taste of butter with the ease and health benefits of margarine, making it an ideal choice for consumers seeking a balance between flavor and functionality. Moreover, spreadable margarine stands out for its convenience and ease of use, with a soft, creamy consistency that remains spreadable in refrigerated conditions. This type is prevalent for directly applying breads, toasts, and other similar food items.
Industrial margarine is a critical ingredient in the food production sector, playing a versatile role across various applications such as bakery, confectionery, convenience foods, spreads, sauces, and toppings. In bakery products, it is prized for its ability to enhance texture, flavor, and shelf life, which is integral in creating pastries, breads, and other baked goods. Confectionery items benefit from its consistency and mouthfeel, making it a choice ingredient in chocolates and sweets. Convenience foods rely on industrial margarine for its functional properties that contribute to easy cooking, while its application in spreads offers a balanced blend of taste and health benefits. Moreover, sauces and toppings achieve a seamless and rich consistency with the inclusion of industrial margarine, elevating the taste profiles of numerous dishes. This wide-ranging applicability underscores the indispensable role of industrial margarine in the food industry, catering to the evolving demands for quality, taste, and nutrition.
High consumption of bakery products, rise in imports of margarine, and increasing demand for margarine products such as spreads and sauces from the food service sector is expanding the usage of industrial margarine in the Americas. The rapid expansion of food industries, growing consumption and popularity of fast food products, and rising demand for cost-effective alternatives for butter are subsequently increasing the use of industrial margarine in the APAC region. Additionally, rising trade activities and well-established food safety and labeling regulations are expected to propel the growth of industrial margarine in the APAC region. Europe, the Middle East, and Africa region represent significant growth prospects for the Industrial margarine market owing to the immense consumption of bakery products and the potential presence of margarine manufacturers. Additionally, manufacturers are adopting technologically advanced production methods to manufacture industrial margarine and introducing various innovative products, such as plant-based margarine, which is anticipated to encourage the growth of the industrial margarine market worldwide.
The FPNV Positioning Matrix is pivotal in evaluating the Industrial Margarine Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Industrial Margarine Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
KTC snaps up Scottish margarine manufacturer Cardowan Creameries
KTC has recently acquired Cardowan Creameries, a Scottish margarine manufacturer that has been in operation for nearly a century. This acquisition is set further to expand KTC's presence in the industrial margarine sector and bring greater industry growth potential. This marks an important step forward for companies and their customers as they strive to create high-quality margarine products tailored to specific customer needs. [Published On: 2023-03-17]
Peerless acquires Tangold Pastry Australia
Peerless Foods has recently acquired Tangold Pastry, a premium quality margarine and specialty fats provider for both the industrial and foodservice markets. With this acquisition, Peerless expands its portfolio of products in the foodservice sector, enabling them to provide customers with a wider range of options for their baking needs. This also strengthens Peerless’ position as a main supplier in the industrial margarine market by enabling them to reach a larger customer base. Through this acquisition, Peerless can bring more value to its customers and ensure they always provide the best possible product solutions. [Published On: 2023-03-15]
SEProd Expanding Margarine Plant To Supply The Caribbean
SEProd, an organization in the industrial margarine market, is expanding its margarine plant to meet the increased demand from customers throughout the Caribbean. This expansion enables SEProd to continue providing high-quality products at competitive prices and remain a reliable supplier for all their customers. With this investment, SEProd is committed to fostering its long-term growth and success in the Caribbean margarine market. [Published On: 2023-03-03]
The report delves into recent significant developments in the Industrial Margarine Market, highlighting leading vendors and their innovative profiles. These include AAK AB, Adeka Corporation, Archer-Daniels-Midland Company, Aveno NV, BRF S.A., Bunge Limited, Cargill, Incorporated, Conagra Brands, Inc., Currimjee Jeewanjee and Company Limited, EFKO Group, FGV Holdings Berhad, Fuji Oil Holdings Inc., Gagar Foods Pvt.Ltd., Golden Agri-Resources Ltd., IFFCO Group, IPSA spa, Kaneka Corporation, KTC Edibles, Land O’Lakes, Inc., Lewes Dairy, Margarine Thibault, Nisshin Oillio Group, Ltd., NMGK Group of Companies, Peerless Holdings Pty Ltd., Puratos NV/SA, Remia CV, Richardson International Limited, Rogério Leal, SA, Royale Lacroix SA, s.a. Aigremont n.v., Savola Foods by Savola Group, Seprod Limited, SIA Agro Company, Sime Darby Plantation Berhad, Sinar Meadow, Upfield B.V., Vandemoortele NV, Ventura Foods, LLC, VORTELLA Lebensmittelwerk W, Wilmar International Limited, Yıldız Holding A.Ş., Zeelandia International, and Zer Group.
This research report categorizes the Industrial Margarine Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Type
- All-Purpose
- Butter Blend
- Spreadable
- Source
- Animal
- Plant
- Plant & Animal Blends
- Form
- Hard
- Soft
- Application
- Bakery
- Confectionery
- Convenience Food
- Spreads, Sauces, & Toppings
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Industrial Margarine Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Industrial Margarine Market?
- What are the technology trends and regulatory frameworks in the Industrial Margarine Market?
- What is the market share of the leading vendors in the Industrial Margarine Market?
- Which modes and strategic moves are suitable for entering the Industrial Margarine Market?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Industrial Margarine Market, by Type
- Industrial Margarine Market, by Source
- Industrial Margarine Market, by Form
- Industrial Margarine Market, by Application
- Americas Industrial Margarine Market
- Asia-Pacific Industrial Margarine Market
- Europe, Middle East & Africa Industrial Margarine Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 24]
- List of Tables [Total: 376]
- List of Companies Mentioned [Total: 43]
A buttery superhero, industrial margarine, is produced through a process called hydrogenation by scientists in pursuit of the perfect spread. As a non-dairy fat, many brands of margarine have become a favorite among vegans. It is a true testament to human ingenuity due to its easy-to-spread and smooth texture and rich flavor that can be infused with delightful and exotic flavors such as garlic, honey, vanilla, and others.
In addition to being used as spreads in personal kitchens, industrial margarine has become among the most trusted companions of bakers in bakery products such as breads, cakes, pastries, biscuits, and cookies. To keep up with their demand, companies have been ramping up and expanding their production capacities.
In August 2023, KTC Edibles, an oils and fats supplier, made a significant investment to expand the capacity of Cardowan Creameries, a specialist margarine supplier. Cardowan Creameries produces over 20,000 tonnes of margarine annually, catering to manufacturers and wholesalers in the UK and abroad. The collaboration between these two companies was aimed at bringing innovative solutions and sustainable ingredients to bakery businesses and food manufacturers.
Sustainable sourcing initiatives and the development of trans-fat-free and new flavor industrial margarine formulations also reflect ongoing efforts toward value addition in the industry. With changing dietary requirements and preferences, margarine production is sure to adapt and innovate to win over more consumers than ever before.
What is industrial margarine?
Industrial margarine is a type of margarine specifically designed for commercial uses. Unlike retail or household margarine, industrial margarine has a higher fat content and is designed for the mass production of food products such as baked goods, chocolates, and spreads. Its composition allows it to be used in large quantities without compromising the quality of the final product.
Benefits of using industrial margarine:
The increased use of industrial margarine in the food industry can be attributed to its numerous benefits. Industrial margarine has a longer shelf life than butter, which is ideal for commercial products with a longer shelf life. It is also versatile and can be used in different processed foods. Aside from taste and quality, manufacturers prefer using industrial margarine because it is cheaper than butter.
Production of industrial margarine:
There are several steps involved in the production of industrial margarine. The process begins with the mixing of vegetable oils such as soybean, palm, and canola oil in a large mixing tank. Emulsifiers and additives are added to the mixture to improve texture, taste, and stability. The mixture is then subjected to high-temperature and pressure homogenization to reduce the oil particle size, resulting in a uniformly mixed product. Finally, the margarine undergoes a cooling process to solidify it.
Industrial margarine and the environment:
The use of industrial margarine has several environmental benefits. Industrial margarine requires less water and land to produce compared to butter. It also has a lower carbon footprint due to its composition, which produces less greenhouse gas emissions than butter.
Industrial margarine has become an essential ingredient in the food manufacturing industry. It offers several benefits, such as cost-effectiveness, versatility, and longer shelf life. Its production process is also environmentally friendly. As the demand for industrial margarine increases, we can expect more innovations in its production process and its uses. Understanding the scope of industrial margarine is crucial in developing and creating new products in the food industry.
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