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Global Shortenings Market Set for Steady Growth: New Report Reveals Market Trends and Key Players

Global Shortenings Market Global Shortenings Market Dublin, Oct. 23, 2023 (GLOBE NEWSWIRE) The "Shortenings Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering. The global shortenings market is poised for continuous expansion, with a projected increase from $4.07 billion in 2022 to $4.28 billion in 2023, representing a compound annual growth rate (CAGR) of 5.1%. Further growth is expected, reaching $5.12 billion by 2027, driven by a CAGR of 4.6%. Major player ....

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Shortenings Market to Grow at a CAGR of 4.7% During the Forecast Period 2020-2025


Shortenings Market to Grow at a CAGR of 4.7% During the Forecast Period 2020-2025
Increasing Demand of Bakery and Confectionery Products and Increasing Consumption of Snacks Are Some Factors Driving the Growth of Shortenings Market
BriefingWire.com, 12/17/2020 - Shortenings Market size in 2019 is estimated to be $ 4,053 million, growing at a CAGR of 4.7% during the forecast period 2020-2025. Shortening is a solid vegetable fat that is typically made by hydrogenating, or solidifying vegetable oils. Shortenings can be considered as an important ingredient of baking. It is used in baking to help make products crumbly, flaky and tender. Growing demand for bakery and confectionery products and increasing consumption of fat-free food products are the major factors driving the growth of the market. ....

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