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Pandemic disrupted the entire world and affected many industries.
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Request Now !A shortening is characterized as a fat, solid at room temperature, which can be used to provide foods a brittle and fresh texture such as pastry. Examples of fat used as shortening include butter, soybean, margarine, vegetable oils, and fat. Shortening is most commonly made from vegetable oils like soybean, cottonseed, or refined palm oil, which are normally fluid at room temperature. However, the chemical structure of the oil is changed through a process called hydrogenation. This causes the oils to become stronger, making a thick texture that creates shortening greatly to use for specific sorts of cooking and baking items. Shortening is utilized in preparing to provide cakes a delicate texture. Many people use shortening since it is cheaper, higher in fat, and steadier than other types of fat. A surge in usage of bakery, confectionery items, and other food processing industries is a major factor that drives the growth of the shortening fat market during the forecast period.Â
Market scope and structure analysis:
           Report Metric |                           Details |
  Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value ($US) |
 Segments covered |  Product Type, Form, Application, and Region |
 Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA) |
 Companies covered | Unilever, Bunge, NMGK Group, ConAgra, Zydus Cadila, Wilmar-International, Fuji Oil, BRF, Yidiz Holding, Grupo Lala, NamChow, Sunnyfoods, Cargill, COFCO, Uni-President, Mengniu, Yili, Brightdairy, Dairy Crest |
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The COVID-19 outbreaks have witnessed low demand for shortening fat in the market due to the closure of bakery, confectionery, and other food industries.
Disruption in the supply chain system from manufacturing plant to related food processing industries, due to the lockdown scenario has impacted the growth of the shortening fat in the market.
Shortening fat is utilized in most mixtures and batters, to provide the baked item a fresh and brittle texture. Shortening fat can be made from either animal fat or vegetable oil, but shortening made from mostly or completely hydrogenated vegetable oil is more common nowadays. The shortening fat is used in the wider application of the food industry such as ice-creams, dried noodles, and other functional food items for better taste and longer shelf-life in the market. The following factors are a key growth of shortening fat products in the market during the forecast period.
Regional insights
North America is anticipated to hold the largest market share in terms of consumption and revenue growth of shortening fat market. Growing the trend of fresh baked and confectionery products in the market such as bread, cake, dried noodles, and other functional food items is key growth of market development in this region. Asia-Pacific is the fastest-growing region in the shortening fats market, growing young population showing interest in confectionery and baked items and changing food lifestyle of people in this region is the key development of shortening fats in the market during the forecast period.
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Questions Answered in Shortening Fat Market Research Report:
Key Market Segments & Key Market Players
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