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Harshal J posted an update
Industrial Margarine: Adding Extra Flavors Into Food..!!
Margarines are foodstuffs that are used mainly for spreading, baking, and cooking processes. Margarines are rich sources of fat and provide energy. In the recent decades, the industry has responded to various consumer needs and scientific developments. The food industry has made significant changes to the way margarine, fats, and oils are produced and processed in order to provide significantly “healthier” options to consumers with respect to fat choice.
Increasing consumption of margarine is one of the major factors accelerating the growth of global industrial margarine market. The growth in the consumption of margarine has been accelerated by improvements in the methods of refining oils and compounding margarine, which have resulted in the production of products of superior quality, closely approximate butter in flavor, consistency and nutrients values. The various factors such as growing concerns about cholesterol and saturated fats intake, changing lifestyles, and increased aging population have resulted in the decline in the use of butter and increase in the demand for vegetable fats such as margarine.
The Industrial Margarine Market is expected to reach USD 2,945.5 million by 2023, at a CAGR of 3.0% during the forecast period of 2018 to 2023.
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Industrial Margarine Market by Size, Share, Forecasts, & Trends Analysis
Industrial Margarine Market by Type (All Purpose Margarine, Spreadable Margarine, Butter Blend Margarine, Spray Margarine), Form (Hard and Soft), Source (Plants and Animals), Application (Bakery, Confectionery; Toppings, Sauces, and Spreads; Convenience Food; and Others) - Global Opportunity Analysis and Industry … Continue reading