Global Market Size, Forecast, and Trend Highlights Over 2025-2037
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. In the year 2025, the industry size of industrial margarine is estimated at USD 2.99 billion.
Industrial margarine is an all-purpose margarine suitable for industrial uses related to baking. It is a butter substitute that is made from one or more vegetable or animal fats or oils which have been solidified by the process of hydrogenation. Depending on the type of margarine, the process can be fully hydrogenated, causing the oils to solidify, or partially hydrogenated, causing the semisolid oils to be lighter and more spreadable with more water and carbohydrates. Industrial margarine is used in cooking and as a spread which act as an emulsifier, providing organoleptic characteristics to the final product and also increases shelf-life. Nutritionally, margarine is treated as one of the primary sources of calories. Increasing consumption of bakery and related food products and changing eating habits of the global population combined with the growing awareness towards healthy fats are some of the significant factors boosting the market growth.
