Published on : Jul 26, 2018
Albany, New York, July 26, 2018: Today, margarine products are bringing the goodness and wellbeing of vegetable oils and fats all over the world. It has been analyzed that margarine is supposed to be more popular than butter. Currently, lots of companies in the world produce margarine product, mainly concentrating in the USA and Europe. In order to provide a comprehensive view of the market, a study titled “Global Margarine Market Research Report 2018” has been publicized to the online repository of Market Research Hub (MRH). The research study offers in-depth analysis and insights on the key factors driving the growth of the margarine market.
According to the research findings, the entire global market is shrinking in terms of consumption. The market volume of margarine decreased from 2155 K MT in 2013 to 2078 K MT in 2017. This is because people believe that butter will be better generally. Rising health concerns and increasing obesity are other possible restraining factors. The research also identifies that due to these reasons, the consumption of margarine in developed countries is very low.
In a bid to offer accurate results, the report majorly attentions on some of the chief regions including China, Japan, Europe, North America, India and Southeast Asia. The regional analysis section is a crucial segment of the report, which enlightens the reader about the market scenario and trending factors influencing the market shares for each region. The study also focuses on product sales, value, market share and growth opportunity in these regions. As per the research outcomes, increasing use of margarine in the food industry and the introduction of innovative margarine varieties into the market are expected to provide future growth opportunities.
The next section of the report categorizes the market based on types and applications which is an important part of the study and gives a clear overview of the market. In the research study, margarine can be classified into two types, including Special Type and Universal Type. Moreover, it can be widely used in household and food industry. Survey results showed that 15.9% of the margarine market is household, 83% is used in the food industry. The analysts have also included data on the production, revenue, price, market share and growth rate for each segment.
At last, the study also briefs about the leading companies that may have a major role to play in the industry. In the present time, the main market players are Unilever, Bunge, NMGK Group, ConAgra, Zydus Cadila, etc. The study also includes a detailed overview of each company covering their expansion plans, agreements, new product launches, and acquisitions in the market. Other prominent players in the market include Uni-President, Yildiz Holding, Dairy Crest, Wilmar-International, Sunnyfoods, Fuji Oil, Brightdairy, Cargill, Mengniu Group, BRF, Yili Group, Grupo Lala, COFCO and NamChow.
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