The Business Research Company’s Shortenings Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Shortenings Global Market Report 2023 evaluates shortenings market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global shortenings market is expected to grow from $4.07 billion in 2022 to $4.28 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The shortenings market is expected to grow to $5.12 billion in 2027 at a CAGR of 4.6%.
The shortenings market segments in the report are:
By Variant
Solid
Liquid
Cake/Icing
All-purpose
By Source
Vegetables
Animal
By Sales Channels
Direct Sales
Indirct Sales
By End User
HoReCa
Bakery
Confectionery
Processed Food
Household Retail
Top Major Players
Cargill Incorporated
Bunge Limited
Wilmar International Limited
Archer Daniels Midland Company
Ventura Foods LLC
North America was the largest region in the shortenings market in 2022.
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The table of contents in TBRC’s shortenings market report includes:
1. Executive Summary
2. Shortenings Market Characteristics
3. Shortenings Market Trends And Strategies
4. Shortenings Market – Macro Economic Scenario
5. Shortenings Market Size And Growth
………….
26. Africa Shortenings Market
27. Shortenings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Shortenings Market
29. Shortenings Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Shortenings Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Shortenings Market, Segmentation By Sales Channels, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: Cargill Incorporated Financial Performance
Table 48: Bunge Limited Financial Performance
Table 49: Wilmar International Limited Financial Performance
Table 50: Archer Daniels Midland Company Financial Performance
Table 51: Ventura Foods LLC Financial Performance
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