APO RESEARCH · REPORT
Margarine & Shortening
Margarine is a substitute for butter, prepared from vegetable and animal fats by emulsifying them with water and adding small amount of milk, salt, vitamins, colouring matter, etc.
Product & engineering
Understand the product.
Margarine is a substitute for butter, prepared from vegetable and animal fats by emulsifying them with water and adding small amount of milk, salt, vitamins, colouring matter, etc.
Shortening is a semi-solid plant-derived fat that can be used as an alternative to butter or similar substances.
Selected research
Industry Research
Margarine & Shortening Industry Research Report 2026
Market perspective
Margarine is a substitute for butter, prepared from vegetable and animal fats by emulsifying them with water and adding small amount of milk, salt, vitamins, colouring matter, etc.
Shortening is a semi-solid plant-derived fat that can be used as an alternative to butter or similar substances.
Currently, many companies in the world produce margarine & shortening product, mainly concentrating in USA and Europe.
Read the full market overview
The main market players are Upfield, Bunge, NMGK Group, etc. Upfield account for a revenue share of 20% in 2020.
Shortening account for a revenue share of 70% in 2020.
Catering account for a revenue share of 70% in 2020.
Report Scope
This report quantifies the global Margarine & Shortening market in terms of revenue (US$ million) and, where applicable, sales volume (K MT), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of Types and Applications, harmonizes vendor attribution, and presents comparable time series by company, Type, Application, and region/country, including indicative price bands (US$/K MT) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for brand owners, manufacturers, retailers, channel partners, and investors; data are structured with consistent units and fields to facilitate integration into internal FP&A and BI systems.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Margarine & Shortening Market by Company
Upfield
Bunge
NMGK Group
ConAgra
Fuji Oil
BRF
Yildiz Holding
Grupo Lala
NamChow
Cargill
ADM
J.M. Smucker
AAK
Wilmar
COFCO
Uni-President
Mengniu Group
Yili Group
Brightdairy
Dairy Crest
Margarine & Shortening Segment by Type
Margarine
Shortening
Margarine & Shortening Segment by Application
Food Industry
Household
Catering
Margarine & Shortening Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Margarine & Shortening market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Margarine & Shortening and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Margarine & Shortening.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Margarine & Shortening manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Margarine & Shortening by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Margarine & Shortening in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Margarine
- Shortening
Applications
- Food Industry
- Household
- Catering
Companies covered
- Upfield
- Bunge
- NMGK Group
- ConAgra
- Fuji Oil
- BRF
- Yildiz Holding
- Grupo Lala
- NamChow
- Cargill
- ADM
- J.M. Smucker
- AAK
- Wilmar
- COFCO
- Uni-President
- Mengniu Group
- Yili Group
- Brightdairy
- Dairy Crest
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Global Market Growth Prospects
- 2.2.1 Global Margarine & Shortening Market Size (2021-2032)
- 2.2.2 Global Margarine & Shortening Sales (2021-2032)
- 2.2.3 Global Margarine & Shortening Market Average Price (2021-2032)
- 2.3 Margarine & Shortening by Type
- 2.3.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Margarine
- 2.3.3 Shortening
- 2.4 Margarine & Shortening by Application
- 2.4.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.4.2 Food Industry
- 2.4.3 Household
- 2.4.4 Catering
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Margarine & Shortening Market Competitive Situation by Manufacturers (2021 Versus 2025)
- 3.2 Global Margarine & Shortening Sales (K MT) of Manufacturers (2021-2026)
- 3.3 Global Margarine & Shortening Revenue of Manufacturers (2021-2026)
- 3.4 Global Margarine & Shortening Average Price by Manufacturers (2021-2026)
- 3.5 Global Margarine & Shortening Industry Ranking, 2024 VS 2025 VS 2026
- 3.6 Global Manufacturers of Margarine & Shortening, Manufacturing Sites & Headquarters
- 3.7 Global Manufacturers of Margarine & Shortening, Product Type & Application
- 3.8 Global Manufacturers of Margarine & Shortening, Established Date
- 3.9 Global Margarine & Shortening Market CR5 and HHI
- 3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Upfield
- 4.1.1 Upfield Company Information
- 4.1.2 Upfield Business Overview
- 4.1.3 Upfield Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.1.4 Upfield Margarine & Shortening Product Portfolio
- 4.1.5 Upfield Recent Developments
- 4.2 Bunge
- 4.2.1 Bunge Company Information
- 4.2.2 Bunge Business Overview
- 4.2.3 Bunge Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.2.4 Bunge Margarine & Shortening Product Portfolio
- 4.2.5 Bunge Recent Developments
- 4.3 NMGK Group
- 4.3.1 NMGK Group Company Information
- 4.3.2 NMGK Group Business Overview
- 4.3.3 NMGK Group Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.3.4 NMGK Group Margarine & Shortening Product Portfolio
- 4.3.5 NMGK Group Recent Developments
- 4.4 ConAgra
- 4.4.1 ConAgra Company Information
- 4.4.2 ConAgra Business Overview
- 4.4.3 ConAgra Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.4.4 ConAgra Margarine & Shortening Product Portfolio
- 4.4.5 ConAgra Recent Developments
- 4.5 Fuji Oil
- 4.5.1 Fuji Oil Company Information
- 4.5.2 Fuji Oil Business Overview
- 4.5.3 Fuji Oil Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.5.4 Fuji Oil Margarine & Shortening Product Portfolio
- 4.5.5 Fuji Oil Recent Developments
- 4.6 BRF
- 4.6.1 BRF Company Information
- 4.6.2 BRF Business Overview
- 4.6.3 BRF Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.6.4 BRF Margarine & Shortening Product Portfolio
- 4.6.5 BRF Recent Developments
- 4.7 Yildiz Holding
- 4.7.1 Yildiz Holding Company Information
- 4.7.2 Yildiz Holding Business Overview
- 4.7.3 Yildiz Holding Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.7.4 Yildiz Holding Margarine & Shortening Product Portfolio
- 4.7.5 Yildiz Holding Recent Developments
- 4.8 Grupo Lala
- 4.8.1 Grupo Lala Company Information
- 4.8.2 Grupo Lala Business Overview
- 4.8.3 Grupo Lala Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.8.4 Grupo Lala Margarine & Shortening Product Portfolio
- 4.8.5 Grupo Lala Recent Developments
- 4.9 NamChow
- 4.9.1 NamChow Company Information
- 4.9.2 NamChow Business Overview
- 4.9.3 NamChow Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.9.4 NamChow Margarine & Shortening Product Portfolio
- 4.9.5 NamChow Recent Developments
- 4.10 Cargill
- 4.10.1 Cargill Company Information
- 4.10.2 Cargill Business Overview
- 4.10.3 Cargill Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.10.4 Cargill Margarine & Shortening Product Portfolio
- 4.10.5 Cargill Recent Developments
- 4.11 ADM
- 4.11.1 ADM Company Information
- 4.11.2 ADM Business Overview
- 4.11.3 ADM Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.11.4 ADM Margarine & Shortening Product Portfolio
- 4.11.5 ADM Recent Developments
- 4.12 J.M. Smucker
- 4.12.1 J.M. Smucker Company Information
- 4.12.2 J.M. Smucker Business Overview
- 4.12.3 J.M. Smucker Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.12.4 J.M. Smucker Margarine & Shortening Product Portfolio
- 4.12.5 J.M. Smucker Recent Developments
- 4.13 AAK
- 4.13.1 AAK Company Information
- 4.13.2 AAK Business Overview
- 4.13.3 AAK Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.13.4 AAK Margarine & Shortening Product Portfolio
- 4.13.5 AAK Recent Developments
- 4.14 Wilmar
- 4.14.1 Wilmar Company Information
- 4.14.2 Wilmar Business Overview
- 4.14.3 Wilmar Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.14.4 Wilmar Margarine & Shortening Product Portfolio
- 4.14.5 Wilmar Recent Developments
- 4.15 COFCO
- 4.15.1 COFCO Company Information
- 4.15.2 COFCO Business Overview
- 4.15.3 COFCO Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.15.4 COFCO Margarine & Shortening Product Portfolio
- 4.15.5 COFCO Recent Developments
- 4.16 Uni-President
- 4.16.1 Uni-President Company Information
- 4.16.2 Uni-President Business Overview
- 4.16.3 Uni-President Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.16.4 Uni-President Margarine & Shortening Product Portfolio
- 4.16.5 Uni-President Recent Developments
- 4.17 Mengniu Group
- 4.17.1 Mengniu Group Company Information
- 4.17.2 Mengniu Group Business Overview
- 4.17.3 Mengniu Group Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.17.4 Mengniu Group Margarine & Shortening Product Portfolio
- 4.17.5 Mengniu Group Recent Developments
- 4.18 Yili Group
- 4.18.1 Yili Group Company Information
- 4.18.2 Yili Group Business Overview
- 4.18.3 Yili Group Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.18.4 Yili Group Margarine & Shortening Product Portfolio
- 4.18.5 Yili Group Recent Developments
- 4.19 Brightdairy
- 4.19.1 Brightdairy Company Information
- 4.19.2 Brightdairy Business Overview
- 4.19.3 Brightdairy Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.19.4 Brightdairy Margarine & Shortening Product Portfolio
- 4.19.5 Brightdairy Recent Developments
- 4.20 Dairy Crest
- 4.20.1 Dairy Crest Company Information
- 4.20.2 Dairy Crest Business Overview
- 4.20.3 Dairy Crest Margarine & Shortening Sales, Revenue and Gross Margin (2021-2026)
- 4.20.4 Dairy Crest Margarine & Shortening Product Portfolio
- 4.20.5 Dairy Crest Recent Developments
5 Global Margarine & Shortening Market Scenario by Region
- 5.1 Global Margarine & Shortening Market Size by Region: 2021 VS 2025 VS 2032
- 5.2 Global Margarine & Shortening Sales by Region: 2021-2032
- 5.2.1 Global Margarine & Shortening Sales by Region: 2021-2026
- 5.2.2 Global Margarine & Shortening Sales by Region: 2027-2032
- 5.3 Global Margarine & Shortening Revenue by Region: 2021-2032
- 5.3.1 Global Margarine & Shortening Revenue by Region: 2021-2026
- 5.3.2 Global Margarine & Shortening Revenue by Region: 2027-2032
- 5.4 North America Margarine & Shortening Market Facts & Figures by Country
- 5.4.1 North America Margarine & Shortening Market Size by Country: 2021 VS 2025 VS 2032
- 5.4.2 North America Margarine & Shortening Sales by Country (2021-2032)
- 5.4.3 North America Margarine & Shortening Revenue by Country (2021-2032)
- 5.4.4 United States
- 5.4.5 Canada
- 5.4.6 Mexico
- 5.5 Europe Margarine & Shortening Market Facts & Figures by Country
- 5.5.1 Europe Margarine & Shortening Market Size by Country: 2021 VS 2025 VS 2032
- 5.5.2 Europe Margarine & Shortening Sales by Country (2021-2032)
- 5.5.3 Europe Margarine & Shortening Revenue by Country (2021-2032)
- 5.5.4 Germany
- 5.5.5 France
- 5.5.6 U.K.
- 5.5.7 Italy
- 5.5.8 Russia
- 5.5.9 Spain
- 5.5.10 Netherlands
- 5.5.11 Switzerland
- 5.5.12 Sweden
- 5.5.13 Poland
- 5.6 Asia Pacific Margarine & Shortening Market Facts & Figures by Country
- 5.6.1 Asia Pacific Margarine & Shortening Market Size by Country: 2021 VS 2025 VS 2032
- 5.6.2 Asia Pacific Margarine & Shortening Sales by Country (2021-2032)
- 5.6.3 Asia Pacific Margarine & Shortening Revenue by Country (2021-2032)
- 5.6.4 China
- 5.6.5 Japan
- 5.6.6 South Korea
- 5.6.7 India
- 5.6.8 Australia
- 5.6.9 Taiwan
- 5.6.10 Southeast Asia
- 5.7 South America Margarine & Shortening Market Facts & Figures by Country
- 5.7.1 South America Margarine & Shortening Market Size by Country: 2021 VS 2025 VS 2032
- 5.7.2 South America Margarine & Shortening Sales by Country (2021-2032)
- 5.7.3 South America Margarine & Shortening Revenue by Country (2021-2032)
- 5.7.4 Brazil
- 5.7.5 Argentina
- 5.7.6 Chile
- 5.8 Middle East and Africa Margarine & Shortening Market Facts & Figures by Country
- 5.8.1 Middle East and Africa Margarine & Shortening Market Size by Country: 2021 VS 2025 VS 2032
- 5.8.2 Middle East and Africa Margarine & Shortening Sales by Country (2021-2032)
- 5.8.3 Middle East and Africa Margarine & Shortening Revenue by Country (2021-2032)
- 5.8.4 Egypt
- 5.8.5 South Africa
- 5.8.6 Israel
- 5.8.7 Türkiye
- 5.8.8 GCC Countries
6 Segment by Type
- 6.1 Global Margarine & Shortening Sales by Type (2021-2032)
- 6.1.1 Global Margarine & Shortening Sales by Type (2021-2032) & (K MT)
- 6.1.2 Global Margarine & Shortening Sales Market Share by Type (2021-2032)
- 6.2 Global Margarine & Shortening Revenue by Type (2021-2032)
- 6.2.1 Global Margarine & Shortening Sales by Type (2021-2032) & (US$ Million)
- 6.2.2 Global Margarine & Shortening Revenue Market Share by Type (2021-2032)
- 6.3 Global Margarine & Shortening Price by Type (2021-2032)
7 Segment by Application
- 7.1 Global Margarine & Shortening Sales by Application (2021-2032)
- 7.1.1 Global Margarine & Shortening Sales by Application (2021-2032) & (K MT)
- 7.1.2 Global Margarine & Shortening Sales Market Share by Application (2021-2032)
- 7.2 Global Margarine & Shortening Revenue by Application (2021-2032)
- 7.2.1 Global Margarine & Shortening Sales by Application (2021-2032) & (US$ Million)
- 7.2.2 Global Margarine & Shortening Revenue Market Share by Application (2021-2032)
- 7.3 Global Margarine & Shortening Price by Application (2021-2032)
8 Value Chain and Sales Channels Analysis of the Market
- 8.1 Margarine & Shortening Value Chain Analysis
- 8.1.1 Margarine & Shortening Key Raw Materials
- 8.1.2 Raw Materials Key Suppliers
- 8.1.3 Margarine & Shortening Production Mode & Process
- 8.2 Margarine & Shortening Sales Channels Analysis
- 8.2.1 Direct Comparison with Distribution Share
- 8.2.2 Margarine & Shortening Distributors
- 8.2.3 Margarine & Shortening Customers
9 Global Margarine & Shortening Analyzing Market Dynamics
- 9.1 Margarine & Shortening Industry Trends
- 9.2 Margarine & Shortening Industry Drivers
- 9.3 Margarine & Shortening Industry Opportunities and Challenges
- 9.4 Margarine & Shortening Industry Restraints
10 Report Conclusion
11 Disclaimer
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