Low-Calorie Margarine Market Forecast and CAGR
According to latest research by FACT.MR, Low-calorie margarine market is set to witness steady growth during 2021-2031. The growth of the market is attributed to the rising demand for healthy butter substitutes such as Low-calorie margarine.
Rising Applications of Low-Calorie Margarine in Bakery Industry
Bakery items have always been popular, but the availability of a wide range of baked goods to appeal to people's diverse eating preferences has enhanced their popularity. As a result, a great number of small-scale bakeries and artisanal bakeries have sprouted up all over the world.
Low-calorie margarine is frequently neutral or minimally flavoured so that the flavour of the product is not overshadowed. Low-calorie margarine also aids in the addition of volume, texture, and grain to baked products, and is thus seen as having excellent attributes by the industries. Saturated fat is abundant in butter, but unsaturated fat is rich in low-calorie margarine.
As a result, the health implications of saturated fat are heavily debated, as are the health impacts of trans fats. As a result, many bakers are choosing low-calorie, trans-fat-free margarine and products made with healthy oils like olive oil to achieve the best baking outcomes, which is expected to drive market expansion in the near future.
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Potential Health Benefits Provided by the Low-Calorie Margarine to Propel the Growth
Consumer health concerns about the detrimental effects of saturated fats have resulted in a shift from butter towards low-calorie margarine.
Furthermore, the high frequency of lactose intolerance illnesses, combined with increased knowledge of low-calorie margarine's dairy-free nature, is driving demand for the product.
In accordance with this, the market for low-calorie margarine is being driven by the growing popularity of vegan trends and changing consumer dietary patterns.
US and Canada Demand Outlook for Low-Calorie Margarine Market
Millennials are becoming more aware of the health benefits of eating a low-fat, low-calorie, and low-cholesterol diet in order to avoid obesity and diabetes.
Consumer demand for bakery and confectionary items is predicted to rise in North America, boosting demand for low-calorie margarine.
Cakes and pastries are always popular confectionaries among most consumers, however due to their high fat and calorie content, many people strive to avoid them. As a result, producers are substituting Low-calorie margarine over butter to meet customer demand for lower-calorie bakery and confectionery.
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Europe Demand Outlook for Low-Calorie Margarine Market
Due to the high use in food processing, Europe is the leading market of low-margarine products. In addition, the U.K., France, and Germany are Europe's top three consuming countries of low-calorie margarine.
Consumers in the majority of European countries are very concerned about maintaining a healthy lifestyle and eating habits. Because of changing lifestyles and rising health consciousness, there is a growing demand for low-fat foods and beverages, which is driving the demand for low-calorie margarine.
Low-Calorie Margarine market: key players
Some key manufacturers operating the business in the Low-calorie margarine market globally includes
- BRF SA
- Conagra Foodservice Inc.
- Upfield BV
- EFKO Group
- Richardson International Limited
- NMGK Group
- Wilmar International Ltd.,
- Fuji Oil Co. Ltd
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
An Adaptive Approach to Modern-day Research Needs
Low-Calorie Margarine Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Low-Calorie margarine: Market Segmentation
Based on source, the global low-calorie margarine market can be segmented as:
Based on form, the global low-calorie margarine market can be segmented as:
Based on application, the global low-calorie margarine market can be segmented as:
- Food and Beverage Industry
- Spreads, Sauces and Toppings
- Food and Beverage Industry
Based on Packaging, the global low-calorie margarine market can be segmented as:
Based on the Distribution Channel, the global low-calorie margarine market can be segmented as:
- B2B (Direct Sales)
- B2C (Indirect Sales)
- Store-based Retailing
- Convenience Stores
- Speciality Stores
- Other Retailing Formats
- Online Retailing
- Store-based Retailing
Based on the Region, the global low-calorie margarine market can be segmented as:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
- North America
NOTE - Although care has been taken to maintain the highest levels of accuracy in Fact.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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