Flaked Shortenings Market size is expected to reach nearly US$ 15.45 Bn by 2026 with the CAGR of 3.2% during the forecast period.Global Flaked Shortenings Market Overview:
Shortening is a type of oil or fat that remains solid at room temperature. Shortenings are extracted from plant and animal sources and are considered a rich source of fats, vitamins, Omega-3, Omega-6, and minerals. Flaked Shortenings are prepared by melting a shortening composition and applying the melted composition in a churning drum till it solidifies after a certain duration of time. Flaked Shortenings are more brittle and display less smearing when added to the dough used for making food products. Flaked Shortenings are used for the uniform distribution of fats present in the bakery product. Flaked Shortenings along with regular diet following people are preferred by people following a vegan diet. The presence of customizable nature as per the dough it is mixed with has resulted in increased use of Flaked Shortenings by the Bakery industry. Increased population, rising consumption of food products and beverages, and wide-scale use in the food and beverages industry have resulted in a growth in the Global Flaked Shortenings Market.Global Flaked Shortenings Market Dynamics:
Flaked Shortenings are extracted from animal and plant-based sources. An increase in the number of people following a Vegan diet and preferring a vegetarian lifestyle has resulted in increased demand for plant-based fat sources as an additive in bakery products. Increased consumption of bakery products along with rising demand for plant-based fat sources has resulted in increased demand for Flaked Shortenings by the bakery industry. Flaked Shortenings increase the crispiness of food products they are mixed with. An increase in demand for convenience and processed food products by people from all age groups holds a wide-scale potential for Flaked Shortenings in the Food and Beverages Industry. Flaked Shortenings are used for uniformly distributing fat components present in food products and beverages. With the invention of partial or total removal of fat contents present in Flaked Shortenings, a large segment of people following a healthy lifestyle has attracted towards bakery and confectionery products made by using fat-free Flaked Shortenings. On November 28, 2018, AAK AB launched a new range of Flaked Shortening. This product is developed for use in bakery and confectionery products and provides many functional advantages to bakers. On October 7, 2018, AAK AB launched a new product Cisco Flaked Shortening. This product is designed to distribute fats equally without the use of a laminator. This product is palm-based, non-hydrogenated, and Trans fat-free and comes in a variety based on thickness, variety, and melting point. Increased preference for bakery and confectionery products acts as the driving factor for the growth of the Global Flaked Shortenings Market.Restraints:
An increase in the number of people following a healthy lifestyle acts as the major restraining factor here. The high price of equipment required for preparing Flaked Shortenings has restricted the number of new entrants in this industry.Global Flaked Shortenings Market Segment Analysis:
The Global Flaked Shortenings Market is segmented on the basis of By Nature, It is observed that more than 60% of the Flaked Shortenings consumed by the Food & Beverages Industry are in organic form. The increased demand for Flaked Shortenings by the Food and Beverages Industry has resulted in a 2.1% increase in the consumption of Conventional form of it. By End User, It is observed that more than 60% of the Flaked Shortenings manufactured are used in manufacturing bakery, confectionery, dessert products. Increased demand for fats and vitamins supplying agents in manufacturing dairy products has resulted in a 2.4% increase in the consumption of Flaked Shortenings by the Dairy Industry. Increased demand for non-caffeine non-alcoholic beverages has resulted in a 1.3% increase in the consumption of Flaked Shortenings by the Beverages industry. Different food products that require edible fats use Flaked Shortenings as per need. By Distribution Channels, It is observed that more than 45% of the sales of Flaked Shortenings in the unorganized sector happen through the medium of Direct Sales. Supermarkets and Convenience Stores that come under the organized sector account for more than 20% of the sales and generate more than 32% of the revenue earned by the Global Flaked Shortenings Market. An increase in the use of the internet for purchasing food products has resulted in a 6% increase in the number of people visiting different online shopping platforms for purchasing Flaked Shortenings.To know about the Research Methodology :- Request Free Sample Report It is observed that the medium of Direct Sales accounts for more than 20% of the sales of Flaked Shortenings in the organized sector. Supermarkets present in the US and Europe have observed a growth of 2.3% in demand for Flaked Shortenings by the Bakery Industry. Convenience Stores that are part of the organized sector have observed a growth of 1.6% in demand for Flaked Shortenings purchased by the commercial sector. Specialty Stores dealing in food additives have observed a growth of 2.1% in demand for Flaked Shortenings. The presence of a large number of products by different brands along with features like doorstep delivery has resulted in a 5.1% increase in the sales of Flaked Shortenings through different E-Commerce platforms. Different mediums are visited by people for purchasing Flaked Shortenings.
Global Flaked Shortenings Market Regional Insights
The preference for bakery and confectionery products on a large scale has resulted in a 2.6% increase in the consumption of Flaked Shortenings by the bakery industry present in Europe. An increase in the use of Fat-Free Flaked Shortenings in premium bakery products has resulted in a 1.7% increase in demand for it by the foodservice industry present in this region. The ever-rising population and increased preference for bakery products have resulted in a 1.8% increase in the consumption of Flaked Shortenings in the Asia-Pacific. Increased consumption of dairy products has resulted in a 1.3% increase in the consumption of Flaked Shortenings by the Dairy industry present in this region. North America is the biggest consumer of non-alcoholic beverages made by using Flaked Shortenings. It is observed that increased consumption of such beverages has resulted in a 2.5% increase in the consumption of Flaked Shortenings by the Beverages Industry present in this region. South America has shown a growth rate of 2.3%, the reason for which is the rising preference for bakery and confectionery products. The Middle East and Africa’s Market has shown a growth rate of 1.8% which is concentrated more in the countries like Israel, Jordan, Kenya, and Saudi Arabia. The objective of the report is to present a comprehensive analysis of the global Flaked Shortenings market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Flaked Shortenings market dynamics, structure by analyzing the market segments and Project the global Flaked Shortenings market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Flaked Shortenings market make the report investor’s guide.Global Flaked Shortenings Market Scope: Inquire before buying
Global Flaked Shortenings Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaGlobal Flaked Shortenings Market Key Players
• Archer Daniels Midland Company • Cargill, Inc. • Ventura Foods, LLC • ConAgra Brands • Associated British Foods • Bunge Ltd. • Gateway Food Products • AAK AB • Wilmar International Ltd. • Manildra Group • Mulama Farms, Inc. • Natu’ oil Services Inc. • Diet Prom LLC • Karsel Sogutma • International Foodstuff Company Holdings Ltd.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Flaked Shortenings Market Size, by Market Value (US$ Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Flaked Shortenings Market 3.4. Geographical Snapshot of the Flaked Shortenings Market, By Manufacturer share 4. Global Flaked Shortenings Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Flaked Shortenings Market 5. Supply Side and Demand Side Indicators 6. Global Flaked Shortenings Market Analysis and Forecast, 2019-2026 6.1. Global Flaked Shortenings Market Size & Y-o-Y Growth Analysis. 7. Global Flaked Shortenings Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 7.1.1. Organic 7.1.2. Conventional 7.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 7.2.1. Bakery Product 7.2.2. Confectionery Product 7.2.3. Desserts 7.2.4. Dairy Products 7.2.5. Beverages 7.2.6. Others 7.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 7.3.1. Direct Sales 7.3.2. Supermarket 7.3.3. Convenience Store 7.3.4. Specialty Store 7.3.5. E-Commerce 7.3.6. Others 8. Global Flaked Shortenings Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Flaked Shortenings Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 9.1.1. Organic 9.1.2. Conventional 9.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 9.2.1. Bakery Product 9.2.2. Confectionery Product 9.2.3. Desserts 9.2.4. Dairy Products 9.2.5. Beverages 9.2.6. Others 9.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 9.3.1. Direct Sales 9.3.2. Supermarket 9.3.3. Convenience Store 9.3.4. Specialty Store 9.3.5. E-Commerce 9.3.6. Others 10. North America Flaked Shortenings Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Flaked Shortenings Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 11.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 12. Canada Flaked Shortenings Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 12.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 13. Mexico Flaked Shortenings Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 13.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 14. Europe Flaked Shortenings Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 14.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 15. Europe Flaked Shortenings Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Flaked Shortenings Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 16.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 17. France Flaked Shortenings Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 17.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 18. Germany Flaked Shortenings Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 18.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 19. Italy Flaked Shortenings Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 19.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 20. Spain Flaked Shortenings Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 20.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 21. Sweden Flaked Shortenings Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 21.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 22. CIS Countries Flaked Shortenings Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 22.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 23. Rest of Europe Flaked Shortenings Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 23.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 24. Asia Pacific Flaked Shortenings Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 24.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 25. Asia Pacific Flaked Shortenings Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Flaked Shortenings Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 26.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 27. India Flaked Shortenings Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 27.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 28. Japan Flaked Shortenings Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 28.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 29. South Korea Flaked Shortenings Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 29.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 30. Australia Flaked Shortenings Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 30.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 31. ASEAN Flaked Shortenings Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 31.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 32. Rest of Asia Pacific Flaked Shortenings Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 32.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 33. Middle East Africa Flaked Shortenings Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 33.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 34. Middle East Africa Flaked Shortenings Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Flaked Shortenings Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 35.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 36. GCC Countries Flaked Shortenings Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 36.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 37. Egypt Flaked Shortenings Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 37.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 38. Nigeria Flaked Shortenings Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 38.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 39. Rest of ME&A Flaked Shortenings Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 39.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 40. South America Flaked Shortenings Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 40.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 41. South America Flaked Shortenings Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Flaked Shortenings Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 42.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 43. Argentina Flaked Shortenings Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 43.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 44. Rest of South America Flaked Shortenings Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Nature, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 44.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Flaked Shortenings Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Archer Daniels Midland Company 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Cargill, Inc. 45.3.3. Ventura Foods, LLC 45.3.4. ConAgra Brands 45.3.5. Associated British Foods 45.3.6. Bunge Ltd. 45.3.7. Gateway Food Products 45.3.8. AAK AB 45.3.9. Wilmar International Ltd. 45.3.10. Manildra Group 45.3.11. Mulama Farms, Inc. 45.3.12. Natu’ oil Services Inc. 45.3.13. Diet Prom LLC 45.3.14. Karsel Sogutma 45.3.15. International Foodstuff Company Holdings Ltd. 46. Primary Key Insights