PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1090122
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1090122
Global Shortening Powder Market Size study, By Source, By End Use (Food Industry, Foodservice/HoReCa, Household), By Sales Channel, and Regional Forecasts 2022-2028
Global Shortening Powder Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Shortening Powder refers to an edible fat made out mostly from vegetable sources like soya bean or palm kernel. Shortening powder is used making of different bakery products such as brownies and bar cookies. The growing Bakery and Confectionery industry and increasing number chain restaurants & outlets are accelerating the global market demand. For instance, according to Statista - as of 2022, revenue of Bread & Bakery Products segment is estimated at USD 1197 billion, and this market is projected to grow by CAGR of 5.52% between 2022 and 2027 to reach to USD 1565.91 billion by end of 2027. Furthermore, in February 2019 US-based food and agriculture group Cargill launched its new palm shortening line named Palm Agility for bakery products customers. Moreover, according to Statista - In 2020, the market of the bakery cafe sector in the United States was valued at USD 11.2 billion, and it further increased to USD 11.69 billion by end of 2021. Also, growing consumption of ready-to-eat food products and increasing penetration of online food services platforms are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, health issues associated with overconsumption of Fats impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Shortening Powder Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing expansion of organized food outlets and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of online food services and rising demand for convenience food products in the region, would create lucrative growth prospects for the global Shortening Powder Market across the Asia Pacific region.
Major market players included in this report are:
Augason Farms
Archer Daniels Midland Company
DairiConcepts, L.P.
Cargill Incorporated
Bluegrass Dairy & Food, Inc.
Honeyville, Inc.
The J.M. Smucker Company
Stratas Foods, LLC
KB Ingredients
Ciranda, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Source:
Palm
Soybean
Others
By End Use:
Food Industry
Foodservice/HoReCa (Hotels/Restaurants/Cafe)
Household
By Sales Channel:
Direct Sales
Indirect Sales
Hypermarkets/Supermarkets
Wholesalers
Convenience Stores
Specialty Stores
Online Retailers
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Shortening Powder Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Shortening Powder Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Shortening Powder Market, by Source, 2020-2028 (USD Million)
- 1.2.3. Global Shortening Powder Market, by End Use, 2020-2028 (USD Million)
- 1.2.4. Global Shortening Powder Market, by Sales Channel, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Shortening Powder Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Shortening Powder Market Dynamics
- 3.1. Shortening Powder Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing Bakery and Confectionery industry.
- 3.1.1.2. Increasing number chain restaurants & outlets.
- 3.1.1.3. Recent Product Launches
- 3.1.2. Market Challenges
- 3.1.2.1. Side effects associated with over consumption of Fats.
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing consumption of ready-to-eat food products.
- 3.1.3.2. Increasing penetration of online food services platforms.
- 3.1.1. Market Drivers
Chapter 4. Global Shortening Powder Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Shortening Powder Market, by Source
- 6.1. Market Snapshot
- 6.2. Global Shortening Powder Market by Source, Performance - Potential Analysis
- 6.3. Global Shortening Powder Market Estimates & Forecasts by Source 2018-2028 (USD Million)
- 6.4. Shortening Powder Market, Sub Segment Analysis
- 6.4.1. Palm
- 6.4.2. Soybean
- 6.4.3. Others
Chapter 7. Global Shortening Powder Market, by End Use
- 7.1. Market Snapshot
- 7.2. Global Shortening Powder Market by End Use, Performance - Potential Analysis
- 7.3. Global Shortening Powder Market Estimates & Forecasts by End Use 2018-2028 (USD Million)
- 7.4. Shortening Powder Market, Sub Segment Analysis
- 7.4.1. Food Industry
- 7.4.2. Foodservice/HoReCa (Hotels/Restaurants/Cafe)
- 7.4.3. Household
Chapter 8. Global Shortening Powder Market, by Sales Channel
- 8.1. Market Snapshot
- 8.2. Global Shortening Powder Market by Sales Channel, Performance - Potential Analysis
- 8.3. Global Shortening Powder Market Estimates & Forecasts by Sales Channel 2018-2028 (USD Million)
- 8.4. Shortening Powder Market, Sub Segment Analysis
- 8.4.1. Direct Sales
- 8.4.2. Indirect Sales
- 8.4.3. Hypermarkets/Supermarkets
- 8.4.4. Wholesalers
- 8.4.5. Convenience Stores
- 8.4.6. Specialty Stores
- 8.4.7. Online Retailers
Chapter 9. Global Shortening Powder Market, Regional Analysis
- 9.1. Shortening Powder Market, Regional Market Snapshot
- 9.2. North America Shortening Powder Market
- 9.2.1. U.S. Shortening Powder Market
- 9.2.1.1. Source estimates & forecasts, 2018-2028
- 9.2.1.2. End Use estimates & forecasts, 2018-2028
- 9.2.1.3. Sales Channel estimates & forecasts, 2018-2028
- 9.2.2. Canada Shortening Powder Market
- 9.2.1. U.S. Shortening Powder Market
- 9.3. Europe Shortening Powder Market Snapshot
- 9.3.1. U.K. Shortening Powder Market
- 9.3.2. Germany Shortening Powder Market
- 9.3.3. France Shortening Powder Market
- 9.3.4. Spain Shortening Powder Market
- 9.3.5. Italy Shortening Powder Market
- 9.3.6. Rest of Europe Shortening Powder Market
- 9.4. Asia-Pacific Shortening Powder Market Snapshot
- 9.4.1. China Shortening Powder Market
- 9.4.2. India Shortening Powder Market
- 9.4.3. Japan Shortening Powder Market
- 9.4.4. Australia Shortening Powder Market
- 9.4.5. South Korea Shortening Powder Market
- 9.4.6. Rest of Asia Pacific Shortening Powder Market
- 9.5. Latin America Shortening Powder Market Snapshot
- 9.5.1. Brazil Shortening Powder Market
- 9.5.2. Mexico Shortening Powder Market
- 9.6. Rest of The World Shortening Powder Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Augason Farms
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Archer Daniels Midland Company
- 10.2.3. DairiConcepts, L.P.
- 10.2.4. Cargill Incorporated
- 10.2.5. Bluegrass Dairy & Food, Inc.
- 10.2.6. Honeyville, Inc.
- 10.2.7. The J.M. Smucker Company
- 10.2.8. Stratas Foods, LLC
- 10.2.9. KB Ingredients
- 10.2.10. Ciranda, Inc.
- 10.2.1. Augason Farms
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Shortening Powder Market, report scope
- TABLE 2. Global Shortening Powder Market estimates & forecasts by Region 2018-2028 (USD Million)
- TABLE 3. Global Shortening Powder Market estimates & forecasts by Source 2018-2028 (USD Million)
- TABLE 4. Global Shortening Powder Market estimates & forecasts by End Use 2018-2028 (USD Million)
- TABLE 5. Global Shortening Powder Market estimates & forecasts by Sales Channel 2018-2028 (USD Million)
- TABLE 6. Global Shortening Powder Market by segment, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 7. Global Shortening Powder Market by region, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 8. Global Shortening Powder Market by segment, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 9. Global Shortening Powder Market by region, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 10. Global Shortening Powder Market by segment, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 11. Global Shortening Powder Market by region, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 12. Global Shortening Powder Market by segment, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 13. Global Shortening Powder Market by region, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 14. Global Shortening Powder Market by segment, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 15. Global Shortening Powder Market by region, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 16. U.S. Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 17. U.S. Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 18. U.S. Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 19. Canada Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 20. Canada Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 21. Canada Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 22. UK Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 23. UK Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 24. UK Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 25. Germany Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 26. Germany Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 27. Germany Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 28. RoE Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 29. RoE Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 30. RoE Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 31. China Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 32. China Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 33. China Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 34. India Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 35. India Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 36. India Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 37. Japan Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 38. Japan Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 39. Japan Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 40. RoAPAC Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 41. RoAPAC Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 42. RoAPAC Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 43. Brazil Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 44. Brazil Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 45. Brazil Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 46. Mexico Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 47. Mexico Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 48. Mexico Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 49. RoLA Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 50. RoLA Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 51. RoLA Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 52. Row Shortening Powder Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 53. Row Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 54. Row Shortening Powder Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 55. List of secondary sources, used in the study of global Shortening Powder Market
- TABLE 56. List of primary sources, used in the study of global Shortening Powder Market
- TABLE 57. Years considered for the study
- TABLE 58. Exchange rates considered
LIST OF FIGURES
List of figures
- FIG 1. Global Shortening Powder Market, research methodology
- FIG 2. Global Shortening Powder Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Shortening Powder Market, key trends 2021
- FIG 5. Global Shortening Powder Market, growth prospects 2022-2028
- FIG 6. Global Shortening Powder Market, porters 5 force model
- FIG 7. Global Shortening Powder Market, pest analysis
- FIG 8. Global Shortening Powder Market, value chain analysis
- FIG 9. Global Shortening Powder Market by segment, 2018 & 2028 (USD Million)
- FIG 10. Global Shortening Powder Market by segment, 2018 & 2028 (USD Million)
- FIG 11. Global Shortening Powder Market by segment, 2018 & 2028 (USD Million)
- FIG 12. Global Shortening Powder Market by segment, 2018 & 2028 (USD Million)
- FIG 13. Global Shortening Powder Market by segment, 2018 & 2028 (USD Million)
- FIG 14. Global Shortening Powder Market, regional snapshot 2018 & 2028
- FIG 15. North America Shortening Powder Market 2018 & 2028 (USD Million)
- FIG 16. Europe Shortening Powder Market 2018 & 2028 (USD Million)
- FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
- FIG 18. Latin America Shortening Powder Market 2018 & 2028 (USD Million)
- FIG 19. Global Shortening Powder Market, company Market share analysis (2021)
