The report forecasts the global margarine market to grow at a CAGR of 3.63% during the period 2017-2021.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
The latest trend gaining momentum in the market is the demand for trans-fat-free margarine. Owing to the presence of trans fats in margarine, the sales of margarine were significantly affected between the 1990s and early 2000. This was because of the awareness among consumers about the adverse effects of trans fats. Thus, consumers started preferring butter over margarine, though it contains a large amount of fats and calories. Vendors have now come up with margarine with no trans fats or with trans fats under permissible limits. For instance, Unilever brand Bacel sells margarine with no trans fats. Owing to the low-fat content, these healthy variants of margarine are now in demand among customers.
According to the report, one of the major drivers for this market is margarine is a low-cost alternative to butter. The search for a low-cost alternative to butter led to the introduction of margarine. Margarine is preferred over butter in developing and underdeveloped nations. It not only can be used as a spread but also can be used for baking, confectionery, and cooking purposes. The low price of margarine has led to its increased applications in food processing industries, which earlier used only butter. The use of margarine has significantly brought down production costs in these industries, thus reducing the overall cost of end products.
- Conagra Brands
- NMGK Group
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product
Part 07: Market Segmentation By Distribution Channel
Part 08: Geographical Segmentation
Part 09: Key Leading Countries
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Key Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/q9lkqk/global_margarine