Shortening Market Size To Grow At A CAGR Of 4.11% In The Forecast Period Of 2025-2032 shortening market Market Estimation & Definition The global shortening market refers to the segment of edible fats and oils formulated primarily for baking, confectionery, frying and savoury applications, including hydrogenated or interesterified vegetable oils, animal-based fats and other specialty fat blends designed to improve texture, shelf life, crispness and consumer acceptability in processed food. According to the latest study, the market was valued at approximately USD 5.0 billion in 2024 and is expected to grow to about USD 6.90 billion by 2032, representing a compound annual growth rate (CAGR) of ~4.11% from 2025-2032. Request Free Sample Report:https://www.stellarmr.com/report/req_sample/shortening-market/2674 Market Growth Drivers & Opportunities Several key drivers are enabling this growth trajectory. First, demand for processed food, baked goods, snacks and confectionery continues to rise globally, particularly as urbanisation and changing consumer lifestyles favour convenience and indulgence. For instance, the bakery and confectionery application segment of shortening dominates due to its role in delivering crispiness, flakiness and desired mouth-feel in baked items. Second, the shift toward vegan, plant-based and non-hydrogenated oils is becoming more prominent. The report notes that the vegan (vegetable-oil) source segment already dominates the market in 2024, reflecting consumer awareness of health, sustainability and clean-label credentials. Third, emerging markets—especially in Asia-Pacific—present significant growth opportunities due to the expansion of food-service chains, bakery outlets and snack consumption. As the processing infrastructure develops, demand for high-quality shortenings grows in tandem. Opportunities also arise from product innovation (e.g., speciality shortenings for clean label, non-trans fat, tailored functionality), geographic expansion, premiumisation (better ingredients, natural origin, multifunctionality) and supply-chain optimisation to cope with raw-material cost volatility. What Lies Ahead: Emerging Trends Shaping the Future Looking ahead, several trends are poised to reshape the shortening market: Plant-based & clean-label formulations: With consumers seeking healthier and more transparent ingredient lists, manufacturers are developing shortenings derived from vegetable oils, non-hydrogenated processes and allergen-friendly systems. Functionality & speciality blends: Beyond basic shortenings, blends that offer texture enhancement, improved stability (lower sweat-out, better aeration), and compatibility with clean-label claims will be sought. Growing bakery/snack culture in emerging regions: As consumption of baked and snack foods grows in Asia-Pacific and Latin America, the demand for shortenings tailored for local preferences (texture, flavour, cost) will rise. About us Phase 3,Navale IT Zone, S.No. 51/2A/2, Office No. 202, 2nd floor, Near, Navale Brg,Narhe, Pune, Maharashtra 411041 [email protected]

Packaging Material Market Size To Grow At A CAGR Of 4% In The Forecast Period Of 2025-2032 Packaging Material Market: The Backbone of Modern Products, From Sustainability to Smart Solutions 1. Market Estimation & Definition The global packaging material market covers the spectrum of materials used to enclose, protect and present products for transporta In simple terms, “packaging materials” comprise plastics (rigid and flexible), paper & paperboard, glass, metal, and emerging bio‑/eco‑materials used across packaging formats. These materials serve core functions: containment, preservation, communication (branding) and logistics/handling. While the specific base year value and forecast from the report are not publicly detailed here, other research shows comparable packaging‑materials markets are in the hundreds of billions of USD and growing at moderate CAGRs (~4‑5%). Request Free Sample Report:https://www.stellarmr.com/report/req_sample/Packaging-Material-Market/1941 2. Market Growth Drivers & Opportunities Key drivers: Sustainability & regulatory pressure: The push for recyclability, reduced single‑use plastics, biodegradable substitutes and Extended Producer Responsibility (EPR) regimes is compelling packaging material suppliers to innovate. E‑commerce & rapid logistics: With the expansion of online retail, packaging materials must balance protection during transit, cost‑efficiency, shelf appeal and convenience (easy‑open, resealable formats) Consumer demands & packaging as branding: Consumers increasingly expect clean labels, minimal waste, premium look‑and‑feel. Packaging materials contribute to brand perception, freshness/shelf life and logistics efficiency. Emerging markets & urbanisation: Rising disposable incomes, consumption growth and expanded retail in Asia‑Pacific, Latin America and parts of Africa are increasing demand for packaged goods—and thus packaging materials. Technological advancement in materials: Development of advanced films, barrier plastics, lighter glass/metal, compostable materials and smart packaging (e.g., sensors, QR codes) opens higher‑value segments. Opportunities: Growth of eco‑materials: plant‑based plastics, paper composites, reusable packaging. About us Phase 3,Navale IT Zone, S.No. 51/2A/2, Office No. 202, 2nd floor, Near, Navale Brg,Narhe, Pune, Maharashtra 411041 [email protected]

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