LAMEA Shortening Market Size, Share & Trends Analysis Report By Source, By Application, By Sales Channel . By Country and Growth Forecast, 2023

Description

List of Tables

The Latin America, Middle East and Africa Shortening Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 24,044.63 Tonnes, showcasing a growth of 7.3% (2023-2030).

In the snacks segment, shortening plays a fundamental role in enhancing texture, mouthfeel, and flavor in various products such as cookies, crackers, and pastries. Its ability to impart crispiness and flakiness makes it indispensable in the production of biscuits, where it contributes to the desired texture and structure. Therefore, the UAE market will utilizes 711.28 tonnes of shortening in snacks & savory products by 2030.

The Brazil market dominated the LAMEA Shortening Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $115 Million by 2030. The Argentina market is showcasing a CAGR of 6.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 5.3% during (2023 - 2030).

In the realm of processed foods and snacks, shortening serves multiple purposes. Its contribution to extended shelf life and capacity to enhance the texture and mouthfeel of products make it an indispensable component in producing crackers, chips, and other snack foods. Shortening is often used to achieve the desired consistency and flavor in processed food items. Shortening is widely employed to enhance the texture of pastries. Its incorporation into pastry doughs, such as puff pastry and short crust pastry, results in layers of flakiness and tenderness. This use is especially prominent in creating baked goods, from flaky croissants to buttery pie crusts.

Additionally, shortening oxidative stability contributes to the extended shelf life of many food products. Its resistance to rancidity and ability to prevent off-flavor development make it an essential ingredient in preserving processed foods, contributing to their longevity on store shelves and in consumers' homes. The unique properties of shortening, including its ability to remain solid at room temperature and contribute to a creamy texture, make it a valuable tool for achieving specific textures and mouthfeel in various culinary applications.

As per the International Trade Administration, the United Arab Emirates leads the Gulf Cooperation Council in eCommerce sales, which surged by 53% in 2020 to a record $3.9 billion, or 10% of overall retail sales. The Dubai Chamber of Commerce and Industry signifies that eCommerce will develop $8 billion in sales by 2025 as the UAE region has nearly 100% internet and mobile phone penetration. Thus, due to these aspects, the shortening market will expand across the LAMEA region in upcoming years.

Based on Source, the market is segmented into Vegetable, and Animal. Based on Application, the market is segmented into Bakery Products, Confectionery Products, Snacks & Savory Products, and Others. Based on Sales Channel, the market is segmented into Indirect Sales, and Direct Sales. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

Cargill, Incorporated
Wilmar International Limited
Bunge Limited
Associated British Foods PLC (Wittington Investments Limited)
The J.M Smucker Company
Premium Vegetable Oils Sdn Bhd
Ventura Foods, LLC
Namchow Holdings Co., Ltd.
Fuji Oil Co., Ltd. (Fuji Oil Holdings Inc.)
AAK AB

LAMEA Shortening Market Report Segmentation

By Source (Volume, Tonnes, USD Billion, 2019-2030)

Vegetable
Animal

By Application (Volume, Tonnes, USD Billion, 2019-2030)

Bakery Products
Confectionery Products
Snacks & Savory Products
Others

By Sales Channel (Volume, Tonnes, USD Billion, 2019-2030)

Indirect Sales
Direct Sales

By Country (Volume, Tonnes, USD Billion, 2019-2030)

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1LAMEA Shortening Market, by Source
- 1.4.2LAMEA Shortening Market, by Application
- 1.4.3LAMEA Shortening Market, by Sales Channel
- 1.4.4LAMEA Shortening Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.LAMEA Shortening Market by Source

4.1LAMEA Vegetable Market by Country
4.2LAMEA Animal Market by Country

Chapter 5.LAMEA Shortening Market by Application

5.1LAMEA Bakery Products Market by Country
5.2LAMEA Confectionery Products Market by Country
5.3LAMEA Snacks & Savory Products Market by Country
5.4LAMEA Others Market by Country

Chapter 6.LAMEA Shortening Market by Sales Channel

6.1LAMEA Indirect Sales Market by Country
6.2LAMEA Direct Sales Market by Country

Chapter 7.LAMEA Shortening Market by Country

7.1Brazil Shortening Market
- 7.1.1Brazil Shortening Market by Source
- 7.1.2Brazil Shortening Market by Application
- 7.1.3Brazil Shortening Market by Sales Channel
7.2Argentina Shortening Market
- 7.2.1Argentina Shortening Market by Source
- 7.2.2Argentina Shortening Market by Application
- 7.2.3Argentina Shortening Market by Sales Channel
7.3UAE Shortening Market
- 7.3.1UAE Shortening Market by Source
- 7.3.2UAE Shortening Market by Application
- 7.3.3UAE Shortening Market by Sales Channel
7.4Saudi Arabia Shortening Market
- 7.4.1Saudi Arabia Shortening Market by Source
- 7.4.2Saudi Arabia Shortening Market by Application
- 7.4.3Saudi Arabia Shortening Market by Sales Channel
7.5South Africa Shortening Market
- 7.5.1South Africa Shortening Market by Source
- 7.5.2South Africa Shortening Market by Application
- 7.5.3South Africa Shortening Market by Sales Channel
7.6Nigeria Shortening Market
- 7.6.1Nigeria Shortening Market by Source
- 7.6.2Nigeria Shortening Market by Application
- 7.6.3Nigeria Shortening Market by Sales Channel
7.7Rest of LAMEA Shortening Market
- 7.7.1Rest of LAMEA Shortening Market by Source
- 7.7.2Rest of LAMEA Shortening Market by Application
- 7.7.3Rest of LAMEA Shortening Market by Sales Channel

Chapter 8.Company Profiles

8.1Cargill, Incorporated
- 8.1.1Company Overview
- 8.1.2SWOT Analysis
8.2Wilmar International Limited
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental and Regional Analysis
- 8.2.4SWOT Analysis
8.3Bunge Limited
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Research & Development Expense
- 8.3.5SWOT Analysis
8.4Associated British Foods PLC (Wittington Investments Limited)
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Segmental and Regional Analysis
- 8.4.4Research & Development Expense
- 8.4.5SWOT Analysis
8.5The J.M Smucker Company
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Research & Development Expenses
- 8.5.5SWOT Analysis
8.6Premium Vegetable Oils Sdn Bhd
- 8.6.1Company Overview
- 8.6.2SWOT Analysis
8.7Ventura Foods, LLC
- 8.7.1Company Overview
- 8.7.2SWOT Analysis
8.8Namchow Holdings Co., Ltd.
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
- 8.8.4Research & Development Expenses
- 8.8.5SWOT Analysis
8.9Fuji Oil Co., Ltd. (Fuji Oil Holdings Inc.)
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.9.4SWOT Analysis
8.10.AAK AB
- 8.10.1Company Overview
- 8.10.2Financial Analysis
- 8.10.3SWOT Analysis

LIST OF TABLES

TABLE 1LAMEA Shortening Market, 2019 - 2022, USD Million
TABLE 2LAMEA Shortening Market, 2023 - 2030, USD Million
TABLE 3LAMEA Shortening Market, 2019 - 2022, Tonnes
TABLE 4LAMEA Shortening Market, 2023 - 2030, Tonnes
TABLE 5LAMEA Shortening Market by Source, 2019 - 2022, USD Million
TABLE 6LAMEA Shortening Market by Source, 2023 - 2030, USD Million
TABLE 7LAMEA Shortening Market by Source, 2019 - 2022, Tonnes
TABLE 8LAMEA Shortening Market by Source, 2023 - 2030, Tonnes
TABLE 9LAMEA Vegetable Market by Country, 2019 - 2022, USD Million
TABLE 10LAMEA Vegetable Market by Country, 2023 - 2030, USD Million
TABLE 11LAMEA Vegetable Market by Country, 2019 - 2022, Tonnes
TABLE 12LAMEA Vegetable Market by Country, 2023 - 2030, Tonnes
TABLE 13LAMEA Animal Market by Country, 2019 - 2022, USD Million
TABLE 14LAMEA Animal Market by Country, 2023 - 2030, USD Million
TABLE 15LAMEA Animal Market by Country, 2019 - 2022, Tonnes
TABLE 16LAMEA Animal Market by Country, 2023 - 2030, Tonnes
TABLE 17LAMEA Shortening Market by Application, 2019 - 2022, USD Million
TABLE 18LAMEA Shortening Market by Application, 2023 - 2030, USD Million
TABLE 19LAMEA Shortening Market by Application, 2019 - 2022, Tonnes
TABLE 20LAMEA Shortening Market by Application, 2023 - 2030, Tonnes
TABLE 21LAMEA Bakery Products Market by Country, 2019 - 2022, USD Million
TABLE 22LAMEA Bakery Products Market by Country, 2023 - 2030, USD Million
TABLE 23LAMEA Bakery Products Market by Country, 2019 - 2022, Tonnes
TABLE 24LAMEA Bakery Products Market by Country, 2023 - 2030, Tonnes
TABLE 25LAMEA Confectionery Products Market by Country, 2019 - 2022, USD Million
TABLE 26LAMEA Confectionery Products Market by Country, 2023 - 2030, USD Million
TABLE 27LAMEA Confectionery Products Market by Country, 2019 - 2022, Tonnes
TABLE 28LAMEA Confectionery Products Market by Country, 2023 - 2030, Tonnes
TABLE 29LAMEA Snacks & Savory Products Market by Country, 2019 - 2022, USD Million
TABLE 30LAMEA Snacks & Savory Products Market by Country, 2023 - 2030, USD Million
TABLE 31LAMEA Snacks & Savory Products Market by Country, 2019 - 2022, Tonnes
TABLE 32LAMEA Snacks & Savory Products Market by Country, 2023 - 2030, Tonnes
TABLE 33LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 34LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 35LAMEA Others Market by Country, 2019 - 2022, Tonnes
TABLE 36LAMEA Others Market by Country, 2023 - 2030, Tonnes
TABLE 37LAMEA Shortening Market by Sales Channel, 2019 - 2022, USD Million
TABLE 38LAMEA Shortening Market by Sales Channel, 2023 - 2030, USD Million
TABLE 39LAMEA Shortening Market by Sales Channel, 2019 - 2022, Tonnes
TABLE 40LAMEA Shortening Market by Sales Channel, 2023 - 2030, Tonnes
TABLE 41LAMEA Indirect Sales Market by Country, 2019 - 2022, USD Million
TABLE 42LAMEA Indirect Sales Market by Country, 2023 - 2030, USD Million
TABLE 43LAMEA Indirect Sales Market by Country, 2019 - 2022, Tonnes
TABLE 44LAMEA Indirect Sales Market by Country, 2023 - 2030, Tonnes
TABLE 45LAMEA Direct Sales Market by Country, 2019 - 2022, USD Million
TABLE 46LAMEA Direct Sales Market by Country, 2023 - 2030, USD Million
TABLE 47LAMEA Direct Sales Market by Country, 2019 - 2022, Tonnes
TABLE 48LAMEA Direct Sales Market by Country, 2023 - 2030, Tonnes
TABLE 49LAMEA Shortening Market by Country, 2019 - 2022, USD Million
TABLE 50LAMEA Shortening Market by Country, 2023 - 2030, USD Million
TABLE 51LAMEA Shortening Market by Country, 2019 - 2022, Tonnes
TABLE 52LAMEA Shortening Market by Country, 2023 - 2030, Tonnes
TABLE 53Brazil Shortening Market, 2019 - 2022, USD Million
TABLE 54Brazil Shortening Market, 2023 - 2030, USD Million
TABLE 55Brazil Shortening Market, 2019 - 2022, Tonnes
TABLE 56Brazil Shortening Market, 2023 - 2030, Tonnes
TABLE 57Brazil Shortening Market by Source, 2019 - 2022, USD Million
TABLE 58Brazil Shortening Market by Source, 2023 - 2030, USD Million
TABLE 59Brazil Shortening Market by Source, 2019 - 2022, Tonnes
TABLE 60Brazil Shortening Market by Source, 2023 - 2030, Tonnes
TABLE 61Brazil Shortening Market by Application, 2019 - 2022, USD Million
TABLE 62Brazil Shortening Market by Application, 2023 - 2030, USD Million
TABLE 63Brazil Shortening Market by Application, 2019 - 2022, Tonnes
TABLE 64Brazil Shortening Market by Application, 2023 - 2030, Tonnes
TABLE 65Brazil Shortening Market by Sales Channel, 2019 - 2022, USD Million
TABLE 66Brazil Shortening Market by Sales Channel, 2023 - 2030, USD Million
TABLE 67Brazil Shortening Market by Sales Channel, 2019 - 2022, Tonnes
TABLE 68Brazil Shortening Market by Sales Channel, 2023 - 2030, Tonnes
TABLE 69Argentina Shortening Market, 2019 - 2022, USD Million
TABLE 70Argentina Shortening Market, 2023 - 2030, USD Million
TABLE 71Argentina Shortening Market, 2019 - 2022, Tonnes
TABLE 72Argentina Shortening Market, 2023 - 2030, Tonnes
TABLE 73Argentina Shortening Market by Source, 2019 - 2022, USD Million
TABLE 74Argentina Shortening Market by Source, 2023 - 2030, USD Million
TABLE 75Argentina Shortening Market by Source, 2019 - 2022, Tonnes
TABLE 76Argentina Shortening Market by Source, 2023 - 2030, Tonnes
TABLE 77Argentina Shortening Market by Application, 2019 - 2022, USD Million
TABLE 78Argentina Shortening Market by Application, 2023 - 2030, USD Million
TABLE 79Argentina Shortening Market by Application, 2019 - 2022, Tonnes
TABLE 80Argentina Shortening Market by Application, 2023 - 2030, Tonnes
TABLE 81Argentina Shortening Market by Sales Channel, 2019 - 2022, USD Million
TABLE 82Argentina Shortening Market by Sales Channel, 2023 - 2030, USD Million
TABLE 83Argentina Shortening Market by Sales Channel, 2019 - 2022, Tonnes
TABLE 84Argentina Shortening Market by Sales Channel, 2023 - 2030, Tonnes
TABLE 85UAE Shortening Market, 2019 - 2022, USD Million
TABLE 86UAE Shortening Market, 2023 - 2030, USD Million
TABLE 87UAE Shortening Market, 2019 - 2022, Tonnes
TABLE 88UAE Shortening Market, 2023 - 2030, Tonnes
TABLE 89UAE Shortening Market by Source, 2019 - 2022, USD Million
TABLE 90UAE Shortening Market by Source, 2023 - 2030, USD Million
TABLE 91UAE Shortening Market by Source, 2019 - 2022, Tonnes
TABLE 92UAE Shortening Market by Source, 2023 - 2030, Tonnes
TABLE 93UAE Shortening Market by Application, 2019 - 2022, USD Million
TABLE 94UAE Shortening Market by Application, 2023 - 2030, USD Million
TABLE 95UAE Shortening Market by Application, 2019 - 2022, Tonnes
TABLE 96UAE Shortening Market by Application, 2023 - 2030, Tonnes
TABLE 97UAE Shortening Market by Sales Channel, 2019 - 2022, USD Million
TABLE 98UAE Shortening Market by Sales Channel, 2023 - 2030, USD Million
TABLE 99UAE Shortening Market by Sales Channel, 2019 - 2022, Tonnes
TABLE 100UAE Shortening Market by Sales Channel, 2023 - 2030, Tonnes
TABLE 101Saudi Arabia Shortening Market, 2019 - 2022, USD Million
TABLE 102Saudi Arabia Shortening Market, 2023 - 2030, USD Million
TABLE 103Saudi Arabia Shortening Market, 2019 - 2022, Tonnes
TABLE 104Saudi Arabia Shortening Market, 2023 - 2030, Tonnes
TABLE 105Saudi Arabia Shortening Market by Source, 2019 - 2022, USD Million
TABLE 106Saudi Arabia Shortening Market by Source, 2023 - 2030, USD Million
TABLE 107Saudi Arabia Shortening Market by Source, 2019 - 2022, Tonnes
TABLE 108Saudi Arabia Shortening Market by Source, 2023 - 2030, Tonnes
TABLE 109Saudi Arabia Shortening Market by Application, 2019 - 2022, USD Million
TABLE 110Saudi Arabia Shortening Market by Application, 2023 - 2030, USD Million
TABLE 111Saudi Arabia Shortening Market by Application, 2019 - 2022, Tonnes
TABLE 112Saudi Arabia Shortening Market by Application, 2023 - 2030, Tonnes
TABLE 113Saudi Arabia Shortening Market by Sales Channel, 2019 - 2022, USD Million
TABLE 114Saudi Arabia Shortening Market by Sales Channel, 2023 - 2030, USD Million
TABLE 115Saudi Arabia Shortening Market by Sales Channel, 2019 - 2022, Tonnes
TABLE 116Saudi Arabia Shortening Market by Sales Channel, 2023 - 2030, Tonnes
TABLE 117South Africa Shortening Market, 2019 - 2022, USD Million
TABLE 118South Africa Shortening Market, 2023 - 2030, USD Million
TABLE 119South Africa Shortening Market, 2019 - 2022, Tonnes
TABLE 120South Africa Shortening Market, 2023 - 2030, Tonnes
TABLE 121South Africa Shortening Market by Source, 2019 - 2022, USD Million
TABLE 122South Africa Shortening Market by Source, 2023 - 2030, USD Million
TABLE 123South Africa Shortening Market by Source, 2019 - 2022, Tonnes
TABLE 124South Africa Shortening Market by Source, 2023 - 2030, Tonnes
TABLE 125South Africa Shortening Market by Application, 2019 - 2022, USD Million
TABLE 126South Africa Shortening Market by Application, 2023 - 2030, USD Million
TABLE 127South Africa Shortening Market by Application, 2019 - 2022, Tonnes
TABLE 128South Africa Shortening Market by Application, 2023 - 2030, Tonnes
TABLE 129South Africa Shortening Market by Sales Channel, 2019 - 2022, USD Million
TABLE 130South Africa Shortening Market by Sales Channel, 2023 - 2030, USD Million
TABLE 131South Africa Shortening Market by Sales Channel, 2019 - 2022, Tonnes
TABLE 132South Africa Shortening Market by Sales Channel, 2023 - 2030, Tonnes
TABLE 133Nigeria Shortening Market, 2019 - 2022, USD Million
TABLE 134Nigeria Shortening Market, 2023 - 2030, USD Million
TABLE 135Nigeria Shortening Market, 2019 - 2022, Tonnes
TABLE 136Nigeria Shortening Market, 2023 - 2030, Tonnes
TABLE 137Nigeria Shortening Market by Source, 2019 - 2022, USD Million
TABLE 138Nigeria Shortening Market by Source, 2023 - 2030, USD Million
TABLE 139Nigeria Shortening Market by Source, 2019 - 2022, Tonnes
TABLE 140Nigeria Shortening Market by Source, 2023 - 2030, Tonnes
TABLE 141Nigeria Shortening Market by Application, 2019 - 2022, USD Million
TABLE 142Nigeria Shortening Market by Application, 2023 - 2030, USD Million
TABLE 143Nigeria Shortening Market by Application, 2019 - 2022, Tonnes
TABLE 144Nigeria Shortening Market by Application, 2023 - 2030, Tonnes
TABLE 145Nigeria Shortening Market by Sales Channel, 2019 - 2022, USD Million
TABLE 146Nigeria Shortening Market by Sales Channel, 2023 - 2030, USD Million
TABLE 147Nigeria Shortening Market by Sales Channel, 2019 - 2022, Tonnes
TABLE 148Nigeria Shortening Market by Sales Channel, 2023 - 2030, Tonnes
TABLE 149Rest of LAMEA Shortening Market, 2019 - 2022, USD Million
TABLE 150Rest of LAMEA Shortening Market, 2023 - 2030, USD Million
TABLE 151Rest of LAMEA Shortening Market, 2019 - 2022, Tonnes
TABLE 152Rest of LAMEA Shortening Market, 2023 - 2030, Tonnes
TABLE 153Rest of LAMEA Shortening Market by Source, 2019 - 2022, USD Million
TABLE 154Rest of LAMEA Shortening Market by Source, 2023 - 2030, USD Million
TABLE 155Rest of LAMEA Shortening Market by Source, 2019 - 2022, Tonnes
TABLE 156Rest of LAMEA Shortening Market by Source, 2023 - 2030, Tonnes
TABLE 157Rest of LAMEA Shortening Market by Application, 2019 - 2022, USD Million
TABLE 158Rest of LAMEA Shortening Market by Application, 2023 - 2030, USD Million
TABLE 159Rest of LAMEA Shortening Market by Application, 2019 - 2022, Tonnes
TABLE 160Rest of LAMEA Shortening Market by Application, 2023 - 2030, Tonnes
TABLE 161Rest of LAMEA Shortening Market by Sales Channel, 2019 - 2022, USD Million
TABLE 162Rest of LAMEA Shortening Market by Sales Channel, 2023 - 2030, USD Million
TABLE 163Rest of LAMEA Shortening Market by Sales Channel, 2019 - 2022, Tonnes
TABLE 164Rest of LAMEA Shortening Market by Sales Channel, 2023 - 2030, Tonnes
TABLE 165Key Information - Cargill, Incorporated
TABLE 166Key Information - Wilmar International Limited
TABLE 167Key Information - Bunge Limited
TABLE 168Key Information - Associated British Foods PLC
TABLE 169Key Information - The J.M Smucker Company
TABLE 170Key Information - Premium Vegetable Oils Sdn Bhd
TABLE 171Key Information - Ventura Foods, LLC
TABLE 172Key Information - Namchow Holdings Co., Ltd.
TABLE 173Key Information - Fuji Oil Co., Ltd. (Fuji Oil Holdings Inc.)
TABLE 174Key Information - AAK AB

LAMEA Shortening Market Size, Share & Trends Analysis Report By Source, By Application, By Sales Channel . By Country and Growth Forecast, 2023 - 2030