Global Shortenings Market Report 2024

Shortenings Global Market Report 2023 – By Variant (Solid, Liquid, Cake/Icing, All-purpose), By Source (Vegetables, Animal), By Sales Channels (Direct Sales, Indirct Sales), By End User (HoReCa, Bakery, Confectionery, Processed Food, Household Retail) – Market Size, Trends, And Global Forecast 2023-2032

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Shortening is a solid fat at room temperature that can be used to give dishes like pastry a crumbly and crisp texture. Coating the flour in fat stops it from absorbing water, which inhibits the production of gluten and prevents the dish from becoming stretchy and elastic.

The main variants of shortenings are solid, liquid, cake/icing, and all-purpose shortenings. Solid shortenings refer to shortenings or hydrogenated solidified oils that are solids at room temperature. Solid shortenings include lard, margarine, and butter. These are sourced from vegetables and animals and sold through direct sales and indirect sales channel. These are used in HoReCa, bakery, confectionery, processed food, and household retail.

The global shortenings market is segmented -

1) By Variant: Solid, Liquid, Cake/Icing, All-purpose

2) By Source: Vegetables, Animal

3) By Sales Channels: Direct Sales, Indirct Sales

4) By End User: HoReCa, Bakery, Confectionery, Processed Food, Household Retail

The global shortenings market is expected to grow from $4.07 billion in 2022 to $4.28 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the shortenings market is expected to grow to $5.12 billion in 2027 at a CAGR of 4.6%.

The increasing demand for bakery products is driving the shortenings market. The bakery industry includes the sales of baked foods such as bread, and cakes. The increasing demand for gourmet products and changing food habits are leading to a rise in bakery products. Shortenings improve bakery products by providing a rumbly and crisp texture and preventing the dish from becoming stretchy and elastic. For instance, according to a report published by the American Bakers Association, a US-based non-profit organization, the sales in the bakery aisle increased by 62.3% in the week ending March 15 2020. Additionally, according to IRI, a US-based company called Information Resources, Inc., sales of cookies and crackers rose by 44.3%. Therefore, increasing demand for bakery products will propel the shortenings market.

Major players in the shortenings market are Cargill Incorporated, Bunge Limited, Wilmar International Limited, Archer Daniels Midland Company, Ventura Foods LLC, AAK AB, Manildra Group, International Foodstuff Company Holdings Limited, Conagra Brands Inc., Stratas Foods, Premium Vegetable Oils Sdn Bhd, Fediol, Namchow Chemical Industrial Co. Ltd., and Fuji Oil Co. Ltd.

Product innovation have emerged as a key trend in the shortenings market. Major players in the shortenings market are innovating new products, including vegan, low calorie products, with lower sugar and fat content, to sustain in the market. For instance, in October 2021, Conagra Brands, a US-based packaged goods company, launched Reddi-Wip Zero Sugar. Reddi-Wip Zero Sugar is a creamy-textured, keto-friendly whipped cream topping made with real cream, with zero grams of sugar, zero carbohydrates, and 15 calories per serving. It contains no artificial flavors and it is gluten-free.

In December 2020, B&G Foods, Inc., a US-based manufacturer of shelf-stable and frozen foods, acquired Crisco brand of oils and shortening from The J. M. Smucker Co. for $550 million. Through this acquisition, B&G Foods, Inc. will meet the customer demand which rose during the COVID-19 pandemic. The J. M. Smucker Co. is a US-based food company.

North America was the largest region in the shortenings market in 2022. The regions covered in the shortenings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the shortenings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The shortenings market consists of sales of shortenings sourced from tallows, soybeans, cottonseed, kernel oil, and corn oil. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The shortenings market research report is one of a series of new reports from The Business Research Company that provides shortenings market statistics, including shortenings industry global market size, regional shares, competitors with a shortenings market share, detailed shortenings market segments, market trends and opportunities, and any further data you may need to thrive in the shortenings industry. This shortenings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Executive Summary

    2. Shortenings Market Characteristics

    3. Shortenings Market Trends And Strategies

    4. Shortenings Market - Macro Economic Scenario

    4.1. COVID-19 Impact On Shortenings Market

    4.2. Ukraine-Russia War Impact On Shortenings Market

    4.3. Impact Of High Inflation On Shortenings Market

    5. Shortenings Market Size And Growth

    5.1. Global Shortenings Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Shortenings Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Shortenings Market Segmentation

    6.1. Global Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Solid

    Liquid

    Cake Or Icing

    All-Purpose

    6.2. Global Shortenings Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Vegetables

    Animal

    6.3. Global Shortenings Market, Segmentation By Sales Channels, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Direct Sales

    Indirct Sales

    6.4. Global Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    HoReCa (Hotels, Restaurants, And Catering)

    Bakery

    Confectionery

    Processed Food

    Household Retail

    7. Shortenings Market Regional And Country Analysis

    7.1. Global Shortenings Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Shortenings Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Shortenings Market

    8.1. Asia-Pacific Shortenings Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8.3. Asia-Pacific Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Shortenings Market

    9.1. China Shortenings Market Overview

    9.2. China Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    9.3. China Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Shortenings Market

    10.1. India Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    10.2. India Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Shortenings Market

    11.1. Japan Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11.2. Japan Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Shortenings Market

    12.1. Australia Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12.2. Australia Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Shortenings Market

    13.1. Indonesia Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13.2. Indonesia Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Shortenings Market

    14.1. South Korea Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14.2. South Korea Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Shortenings Market

    15.1. Western Europe Shortenings Market Overview

    15.2. Western Europe Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15.3. Western Europe Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Shortenings Market

    16.1. UK Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16.2. UK Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Shortenings Market

    17.1. Germany Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17.2. Germany Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Shortenings Market

    18.4. France Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18.5. France Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Shortenings Market

    19.1. Eastern Europe Shortenings Market Overview

    19.2. Eastern Europe Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19.3. Eastern Europe Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Shortenings Market

    20.1. Russia Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20.2. Russia Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Shortenings Market

    21.1. North America Shortenings Market Overview

    21.2. North America Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21.3. North America Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Shortenings Market

    22.1. USA Shortenings Market Overview

    22.2. USA Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22.3. USA Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Shortenings Market

    23.1. South America Shortenings Market Overview

    23.2. South America Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23.3. South America Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Shortenings Market

    24.1. Brazil Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24.2. Brazil Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Shortenings Market

    25.1. Middle East Shortenings Market Overview

    25.2. Middle East Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25.3. Middle East Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Shortenings Market

    26.1. Africa Shortenings Market Overview

    26.2. Africa Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26.3. Africa Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Shortenings Market Competitive Landscape And Company Profiles

    27.1. Shortenings Market Competitive Landscape

    27.2. Shortenings Market Company Profiles

    27.2.1. Cargill Incorporated

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Bunge Limited

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Wilmar International Limited

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Archer Daniels Midland Company

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Ventura Foods LLC

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Shortenings Market

    29. Shortenings Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Shortenings Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Shortenings Market, Segmentation By Sales Channels, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Shortenings Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Global Shortenings Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: Asia-Pacific, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: Asia-Pacific, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: China, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: China, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: India, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: India, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Japan, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: Japan, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Australia, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: Australia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Indonesia, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Indonesia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: South Korea, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: South Korea, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: Western Europe, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Western Europe, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: UK, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: UK, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: Germany, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 28: Germany, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 29: France, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 30: France, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 31: Eastern Europe, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 32: Eastern Europe, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 33: Russia, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 34: Russia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 35: North America, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 36: North America, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 37: USA, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 38: USA, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 39: South America, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 40: South America, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 41: Brazil, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 42: Brazil, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 43: Middle East, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 44: Middle East, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 45: Africa, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 46: Africa, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 47: Cargill Incorporated Financial Performance
  • Table 48: Bunge Limited Financial Performance
  • Table 49: Wilmar International Limited Financial Performance
  • Table 50: Archer Daniels Midland Company Financial Performance
  • Table 51: Ventura Foods LLC Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Shortenings Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Shortenings Market, Segmentation By Sales Channels, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Shortenings Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Global Shortenings Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: Asia-Pacific, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: Asia-Pacific, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: China, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: China, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: India, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: India, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Japan, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: Japan, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Australia, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: Australia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Indonesia, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Indonesia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: South Korea, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: South Korea, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: Western Europe, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Western Europe, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: UK, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: UK, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: Germany, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 28: Germany, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 29: France, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 30: France, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 31: Eastern Europe, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 32: Eastern Europe, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 33: Russia, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 34: Russia, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 35: North America, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 36: North America, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 37: USA, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 38: USA, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 39: South America, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 40: South America, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 41: Brazil, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 42: Brazil, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 43: Middle East, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 44: Middle East, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 45: Africa, Shortenings Market, Segmentation By Variant, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 46: Africa, Shortenings Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 47: Cargill Incorporated Financial Performance
  • Figure 48: Bunge Limited Financial Performance
  • Figure 49: Wilmar International Limited Financial Performance
  • Figure 50: Archer Daniels Midland Company Financial Performance
  • Figure 51: Ventura Foods LLC Financial Performance
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