#Vietnam Margarine & Shortening Market trends
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Vietnam Margarine & Shortening Market Research Report, Analysis by 2032
The Reports and Insights, a leading market research company, has recently releases report titled “Vietnam Margarine & Shortening Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Vietnam Margarine & Shortening Market Share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Vietnam Margarine & Shortening Market?
The Vietnam margarine & shortening market revenue was USD 376.4 Million in 2021 and the expected revenue CAGR over the forecast period is 5.18%. The market value is expected to reach USD 624.76 Million in 2031.
What are Vietnam Margarine & Shortening?
Vietnam margarine & shortening represents a spectrum of edible fats utilized in cooking and baking, serving as alternatives to butter or oil in food preparation. Derived from vegetable oils or animal fats, these products undergo processing to achieve desired textures, consistencies, and flavors suitable for diverse culinary applications. Margarine, characterized by a higher water content, finds common usage as a spread or in baking, while shortening, solid at room temperature, is preferred for creating flaky pastries and tender baked goods. Integral to traditional Vietnamese cuisine and the production of bakery items, confectionery, and snacks, Vietnam Margarine & Shortening adds versatility and functionality to the culinary repertoire.
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What are the growth prospects and trends in the Vietnam Margarine & Shortening industry?
The Vietnam margarine & shortening market growth encompasses a broad spectrum of edible fats crucial in cooking and baking, serving as alternatives to butter or oil. Experiencing notable growth propelled by the expanding food industry and shifting consumer preferences, this market offers a diverse array of margarine and shortening products tailored to meet varying needs. Key players in this market deliver innovative solutions distinguished by quality, versatility, and functionality, catering to both traditional Vietnamese cuisine and modern bakery, confectionery, and snack production. With a focus on providing dependable and flavorful ingredients, this market is poised for continued expansion, contributing significantly to Vietnam's diverse culinary landscape. Hence, all these factors contribute to Vietnam margarine & shortening market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type:
Margarine
Shortening
By End-Use:
Bakery
Confectionery
By Distribution Channel:
Direct Sales
Distributor Sales
By Material:
Vegetable Oil-based Margarine and Shortening
Animal Fat-based Margarine and Shortening
Market Segmentation By Region:
North America:
United States
Canada
Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
Asia Pacific:
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Europe:
Germany
The U.K.
France
Spain
Italy
Russia
Poland
BENELUX
NORDIC
Rest of Europe
Middle East & Africa:
Saudi Arabia
United Arab Emirates
South Africa
Egypt
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
Unilever Vietnam International Co., Ltd.
Bunge Vietnam Ltd.
Sinar Mas Group
KIDO Group
Cargill Vietnam Ltd.
Nestlé Vietnam Ltd.
J-Oil Mills, Inc.
IFFCO Vietnam Co., Ltd.
Cong Ty TNHH AAK Viet Nam
Lam Soon Vietnam Co., Ltd.
Fuji Vegetable Oil, Inc.
Ajinomoto Vietnam Co., Ltd.
Wilmar CLV Vietnam Co., Ltd.
Others
View Full Report: https://www.reportsandinsights.com/report/Vietnam Margarine & Shortening-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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#Vietnam Margarine & Shortening Market share#Vietnam Margarine & Shortening Market size#Vietnam Margarine & Shortening Market trends
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Rice Bran Oil Market is Anticipated to Record the Rapid Growth and Prominent Players Analysis
Rice bran oil (RBO), an increasingly preferred alternative over regular edible oils available on the market, continues to represent a sizeable global market on the back of its solid nutritional profile. Enriched with vitamin E, and natural antioxidants, rice bran oil is especially being a recommended one owing to its balanced fatty acid content. A new ongoing study of Fairfield Market Research offers an extensive analysis of the global rice bran oil market to further provide its growth forecast for a stipulated assessment period (2021 – 2025). Besides its application by consumers in their diet, RBO has been gaining ground in the pharmaceuticals, and cosmetics industries over the past decade, which marks an important trend supporting the market growth, says the report.
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Food, Pharma, and Cosmetics Companies Realise Benefits of Rice Bran Oil
An expanding health-conscious population is working to the advantage of rice bran oil market. While the low-cholesterol low-fat low-calorie trend among consumers has been favouring the demand for rice bran oil, its nutraceutical attributes will remain instrumental to its growing consumption by pharma players from across the globe. A measurable chunk of population believes in the finding that preparations made in rice bran oil tend to absorb much lesser oil that that by regular oil varieties, which sustains its demand in local markets. On the other side, research findings also suggest that RBO can be potentially effective against gastrointestinal conditions, allergic reactions, and even Alzheimer’s.
Consumption of rice bran oil as an immunity booster is also on the rise recently, which is again a strong factor fostering the growth of the rice bran oil market. With growing preference for natural ingredients in cosmetic products, rice bran oil manufacturers are discovering multiple windows of opportunities in the various segments such as skincare, hair care, anti-ageing, lip care, and other product categories. The bakery sector is extensively utilising rice bran oil for production of several baked goods, sauces and dressings, shortenings, mayonnaise, margarine, and non-dairy creamers. The food industry will thus remain a prime consumer segment in the rice bran oil market. Online sales are likely to remain prominent, says the report.
India Uplifts Global Positioning of Asia Pacific as a Top Rice Bran Oil Market
Some of the world’s largest producers and exporters of rice bran oil are the Asian economies, including India, Japan, China, Vietnam, and Thailand. India however holds an exceptional untapped potential for the market growth as the country has rice as one of its top cereal crops. Moreover, some of the governments in India (the latest, Odisha) has been offering subsidiary benefits to rice bran oil manufacturers, which is supporting the growth of market within the region.
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Brands Focused on Expansion and New Launches
The report profiles some of the most prominent participants in the global rice bran oil market, including Cargill Incorporated, Adani Wilmar Limited, Ricela Group, AP Refinery Pvt. Ltd., IB Group, CALOFIC, TSUNO Group, Kasisuri Co., Ltd., Mother Dairy Fruits & Vegetables Pvt Ltd (Dhara), and King Rice Oil Group. Looking at a heavy influx of opportunities in Asia Pacific, many companies are considering expansion in Asian markets. Recently in 2018, Wilmar International’s Arawana stepped into Japanese market, where RBO is popularly referred to as the heart oil, with the first launch in supermarket category. The company has plans to establish partnerships with over 10,000 supermarkets in Osaka, and Tokyo. The same year, a new RBO variety was launched under Cargill’s Gemini across multiple Indian states.
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Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
#rice bran oil market#rice bran oil market trends#rice bran oil#rice bran oil market growth#rice bran oil market size#rice bran oil market share#rice bran oil market forecast#rice bran oil market analysis#rice bran oil market demand#vegeteble oil#cooking oil#fairfield market research
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Global Fats & Oils Market - Global Demand, Sales, Consumption and Forecasts 2021-2026
Summary - A new market study, titled “ Global Fats & Oils Market - Global Demand, Sales, Consumption and Forecasts 2021-2026 ” has been featured on WiseGuyReports
The global Fats & Oils market is valued at US$ xx million in 2020 is expected to reach US$ xx million by the end of 2026, growing at a CAGR of xx% during 2021-2026.
This report focuses on Fats & Oils volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Fats & Oils market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Fats & Oils market is segmented into
Palm oil
Soybean oil
Rapeseed oil
Sunflower oil
Olive oil
Butter
Shortenings & margarine
Lard
Tallow
Segment by Application
Food uses
Industrial uses
ALSO READ: http://heraldkeeper.com/news/covid-19-impact-on-global-fats-oils-market-2020-industry-analysis-size-share-growth-trends-forecast-to-2026-483738.html
Global Fats & Oils Market: Regional Analysis
The Fats & Oils market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Fats & Oils market report are:
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/5282883-impact-of-covid-19-outbreak-on-fats-oils-global-market-research-report-2020
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Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.
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