Pastry margarine is a low-cost alternative to butter and is a major driving force positively impacting the pastry margarine market. The low price of pastry margarine has increased its application in the food industry, where butter was the only option. Butter is a natural product obtained from animal milk, which has a high production cost and is expected to increase further during the forecast period. Pastry margarine, on the other hand, is preferred by chefs in the bakery industry because of its low cost of production and ease of use. Pastry margarine is available in ready-to-use individually wrapped sheets.
Pastry margarine’s ability to be used as roll-in fat makes the process of producing laminated bakery dough easy and fast. Over the years, the demand for pastry margarines with non-greasy surface properties has grown significantly. This is because non-greasy pastry margarine is easy to work with, both by hand and in the extrusion process. In addition, the plastic properties of pastry margarine provide the ability to fold without breaking, which succeeds in avoiding the insufficient lift and flake structure of the pastry.
As healthy lifestyles continue and consumers become more health conscious, the demand for low-fat and high-nutrition foods is increasing. This has provided an opportunity for pastry margarine manufacturers to develop products that are free of trans fatty acids, hydrogenated fats and lecithin. In recent years, a large portion of the world’s population has tended to consume plant-based foods, and this global shift is expected to continue if this trend has a very strong impact. Pastry margarine is mainly produced by blending vegetable fats and oils, making it suitable for vegans.
Global Pastry Margarine Market: Market Players
Some market players operating in the global pastry margarine market identified across the value chain include Bunge, Conagra Brands, Inc., NMGK Group, Unilever, Peerless Holdings Pty Ltd, Niche Trading, Grüninger AG, Palsgaard A/S, Mewah Group, and Nutriswiss AG are among the other pastry margarine manufacturers.
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A Brief Approach to Research
The company follows a modeling-based approach and triangulation methodology to estimate the data covered in this report. Following a detailed market understanding and evaluation of the types, forms, ingredients, and end uses of the product segments covered in the study, a demand-side approach is taken to estimate and cross-reference revenues for the target product segments. With a supply-side valuation of the value generated over a predefined time period. Statistics and data are collected at the regional level and aggregated and synthesized at the global level to estimate overall market size.
The report covers a thorough analysis of:
- market segment
- market dynamics
- market size
- supply demand
- Current trends/issues/challenges
- Competition and Related Companies
- Technology
- value chain
Regional analysis includes:
- North America (USA, Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, UK, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia and New Zealand)
- Japan
- Middle East and Africa (GCC countries, South Africa, North Africa)
On the basis of form, the global pastry margarine market has been segmented into:
- hard cookie margarine
- Medium Pastry Margarine
Based on product type, Global Pastry Margarine has been segmented into:
- spreadable
- Sheet
- square ready bits
- Other
Based on fat content, Global Pastry Margarine has been segmented as follows:
- plain sweets margarine
- Low Fat Pastry Margarine
On the basis of application, the global pastry margarine has been segmented into:
- cookie
- pastries
- filling
- puff
- Other
On the basis of distribution channel, the global pastry margarine has been segmented into:
- B2B
- B2C
- hypermarket/supermarket
- Convenience
- specialty store
- electronic retail
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Report highlights:
- Detailed overview of the mother market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of size and value
- Recent industry trends and developments
- competitive landscape
- Strategies of key players and offerings
- Potential and niche sectors, geographic regions with promising growth
- Neutral view of market performance
- Information essential for market participants to maintain and improve their market footprint
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