Industrial Margarine Segmentation
The market is segmented by source into plants and animals. Among these segments, the segment for plants is anticipated to hold the leading share in the market by the end of 2029 on account of increasing number of people opting for vegetarian foods and vegan lifestyle. Furthermore, plant as a source is widely preferred by industrial margarine manufacturers as it provides greater control to the manufacturers to maintain the level of hydrogenation.
Our in-depth analysis of the global market includes the following segments
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of industrial margarine is estimated at USD 2.99 billion.
Industrial Margarine Market size was valued at USD 2.88 billion in 2024 and is likely to cross USD 5.17 billion by 2037, registering more than 4.6% CAGR during the forecast period i.e., between 2025-2037.
North America industry is likely to hold largest revenue share by 2037, owing to increasing health awareness among consumers, and need for healthy food products in the region.
The major players in the market are Conagra Foodservice, Inc., Seara International, Puratos NV/SA, Richardson International Ltd., BRF S.A., Upfield Group, and others.