Asia Pacific Industrial Margarine Market To Grow At Robust CAGR In The COVID-19 Lockdown Scenario

The Asia Pacific Industrial Margarine market is growing along with the Food and Beverages industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

The Asia Pacific industrial margarine market is accounted to US$ 532.5 Mn in 2018 and is expected to grow at a CAGR of 3.2 %during the forecast period 2020 – 2027, to account to US$ 706.0 Mn by 2027.

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These factors are expected to offer broad growth opportunities in the Food and Beverages industry and this is expected to cause the demand for Industrial Margarine assays in the market.

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ASIA PACIFIC INDUSTRIAL MARGARINE MARKET SEGMENTATION

Asia Pacific Industrial Margarine Market, by Application

• Bakery
• Spreads, sauces and toppings
• Confectionary
• Convenience Food
• Others

Asia Pacific Industrial Margarine Market, by Type

• Spreadable Margarine
• All-Purpose Industrial Margarine
• Butter Blend
• Others

Asia Pacific industrial Margarine Market, by Source

• Animal Source
• Plant Source

Asia Pacific industrial Margarine Market, by Form

• Hard Industrial Margarine
• Soft Industrial Margarine

Asia Pacific Industrial Margarine Market,  by Country

• Australia
• China
• India
• Japan
• South Korea
• Rest of Asia Pacific

Company Profiles

• Bunge Limited
• Associate British foods
• Conagra Brands, Inc.
• EFKO Group
• Fuji Oil Europe
• NMGK Group
• Puratos
• Richardson International Limited
• Vandemoortel
• Wilmar International Ltd.

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