Margarine Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

By: HDIN Research Published: 2025-06-15 Pages: 90
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Margarine Market Summary
Introduction and Market Overview
Margarine, a butter substitute made from vegetable oils, caters to health-conscious consumers, with 520 million people globally affected by cardiovascular diseases driving demand for low-cholesterol alternatives. The rise of plant-based diets, with over 800 million vegans worldwide in 2023, boosts demand for margarine as a vegan-friendly spread. Margarine’s cost-effectiveness, amid 2023 global food price fluctuations, makes it a preferred choice in emerging markets over butter. The global baking industry, growing 6% in 2023, relies on margarine for its versatility in pastries and breads. Urbanization and changing dietary habits further support market growth, particularly in developing regions. The global margarine market is estimated at USD 2.0-4.0 billion in 2025, with a CAGR of 2%-5% through 2030, driven by health trends, veganism, and baking applications.

Regional Market Trends
 North America: The U.S. and Canada lead with demand for low-cholesterol and plant-based margarine.
 Europe: Germany, France, and the Netherlands focus on vegan and clean-label margarine.
 Asia Pacific: China, India, and Indonesia see growth in baking and cost-effective spreads.
 Rest of the World: Brazil and Nigeria expand with urban and emerging market demand.

Application Analysis
 Commercial: Expected growth of 2%-5%, driven by baking and food service industries. Trends focus on bulk, functional margarine for pastries.
 Household: Projected growth of 1%-4%, valued for spreads and cooking. Trends emphasize health-focused and vegan options.

Type Analysis
 Hard: Anticipated growth of 1%-4%, used in baking for structure. Trends focus on trans-fat-free formulations.
 Soft: Expected growth of 2%-5%, preferred for spreads and cooking. Trends highlight low-cholesterol and plant-based variants.
 Liquid: Projected growth of 2%-5%, valued for convenience in cooking. Trends emphasize versatile, health-oriented options.

Key Market Players
 Unilever: Markets plant-based margarine for health-conscious consumers.
 Bunge: Supplies margarine for commercial baking applications.
 Wilmar International: Offers cost-effective margarine for emerging markets.
 Cargill: Distributes functional margarine for food service industries.
 Flora Food Group: Provides vegan and low-cholesterol margarine spreads.

Porter’s Five Forces Analysis
 Threat of New Entrants: Moderate, as production is accessible, but brand loyalty and economies of scale create barriers.
 Threat of Substitutes: High, with butter, oils, and plant-based spreads as alternatives.
 Bargaining Power of Buyers: High, due to numerous brands and price sensitivity in mass markets.
 Bargaining Power of Suppliers: Low, with abundant vegetable oils globally.
 Competitive Rivalry: High, driven by innovation in low-cholesterol, vegan, and clean-label margarine.

Market Opportunities and Challenges
Opportunities:
 Addressing 520 million cardiovascular disease patients with low-cholesterol margarine.
 Leveraging 800 million vegans with plant-based margarine options.
 Capitalizing on 2023 food price fluctuations for cost-effective alternatives.
 Utilizing 6% baking industry growth for functional margarine.
 Innovating with trans-fat-free and clean-label formulations.
 Expanding into emerging markets like India and Nigeria.
Challenges:
 Competing with butter and premium plant-based spreads.
 High costs of developing health-focused and vegan formulations.
 Addressing consumer perceptions of margarine as less natural than butter.
 Navigating food safety and trans-fat regulations.
 Managing supply chain disruptions for vegetable oils.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Margarine Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Margarine by Region
8.2 Import of Margarine by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Margarine Market in North America (2020-2030)
9.1 Margarine Market Size
9.2 Margarine Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Margarine Market in South America (2020-2030)
10.1 Margarine Market Size
10.2 Margarine Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Margarine Market in Asia & Pacific (2020-2030)
11.1 Margarine Market Size
11.2 Margarine Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southest Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Margarine Market in Europe (2020-2030)
12.1 Margarine Market Size
12.2 Margarine Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Margarine Market in MEA (2020-2030)
13.1 Margarine Market Size
13.2 Margarine Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Margarine Market (2020-2025)
14.1 Margarine Market Size
14.2 Margarine Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Margarine Market Forecast (2025-2030)
15.1 Margarine Market Size Forecast
15.2 Margarine Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Unilever
15.1.1 Company Profile
15.1.2 Main Business and Margarine Information
15.1.3 SWOT Analysis of Unilever
15.1.4 Unilever Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 NMGK Group
15.2.1 Company Profile
15.2.2 Main Business and Margarine Information
15.2.3 SWOT Analysis of NMGK Group
15.2.4 NMGK Group Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Bunge
15.3.1 Company Profile
15.3.2 Main Business and Margarine Information
15.3.3 SWOT Analysis of Bunge
15.3.4 Bunge Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 BRF Global
15.4.1 Company Profile
15.4.2 Main Business and Margarine Information
15.4.3 SWOT Analysis of BRF Global
15.4.4 BRF Global Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Conagra Brands
15.5.1 Company Profile
15.5.2 Main Business and Margarine Information
15.5.3 SWOT Analysis of Conagra Brands
15.5.4 Conagra Brands Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Wilmar International
15.6.1 Company Profile
15.6.2 Main Business and Margarine Information
15.6.3 SWOT Analysis of Wilmar International
15.6.4 Wilmar International Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Cargill
15.7.1 Company Profile
15.7.2 Main Business and Margarine Information
15.7.3 SWOT Analysis of Cargill
15.7.4 Cargill Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 Uni-President
15.8.1 Company Profile
15.8.2 Main Business and Margarine Information
15.8.3 SWOT Analysis of Uni-President
15.8.4 Uni-President Margarine Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Abbreviation And Acronyms List
Table Research Scope Of Margarine Report
Table Data Sources Of Margarine Report
Table Major Assumptions Of Margarine Report
Table Margarine Classification
Table Margarine Applications List
Table Drivers Of Margarine Market
Table Restraints Of Margarine Market
Table Opportunities Of Margarine Market
Table Threats Of Margarine Market
Table Raw Materials Suppliers List
Table Different Production Methods Of Margarine
Table Cost Structure Analysis Of Margarine
Table Key End Users List
Table Latest News Of Margarine Market
Table Merger And Acquisition List
Table Planned/Future Project Of Margarine Market
Table Policy Of Margarine Market
Table 2020-2030 Regional Export Of Margarine
Table 2020-2030 Regional Import Of Margarine
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Margarine Market Size And Market Volume List
Table 2020-2030 North America Margarine Demand List By Application
Table 2020-2025 North America Margarine Key Players Sales List
Table 2020-2025 North America Margarine Key Players Market Share List
Table 2020-2030 North America Margarine Demand List By Type
Table 2020-2025 North America Margarine Price List By Type
Table 2020-2030 United States Margarine Market Size And Market Volume List
Table 2020-2030 United States Margarine Import & Export List
Table 2020-2030 Canada Margarine Market Size And Market Volume List
Table 2020-2030 Canada Margarine Import & Export List
Table 2020-2030 Mexico Margarine Market Size And Market Volume List
Table 2020-2030 Mexico Margarine Import & Export List
Table 2020-2030 South America Margarine Market Size And Market Volume List
Table 2020-2030 South America Margarine Demand List By Application
Table 2020-2025 South America Margarine Key Players Sales List
Table 2020-2025 South America Margarine Key Players Market Share List
Table 2020-2030 South America Margarine Demand List By Type
Table 2020-2025 South America Margarine Price List By Type
Table 2020-2030 Brazil Margarine Market Size And Market Volume List
Table 2020-2030 Brazil Margarine Import & Export List
Table 2020-2030 Argentina Margarine Market Size And Market Volume List
Table 2020-2030 Argentina Margarine Import & Export List
Table 2020-2030 Chile Margarine Market Size And Market Volume List
Table 2020-2030 Chile Margarine Import & Export List
Table 2020-2030 Peru Margarine Market Size And Market Volume List
Table 2020-2030 Peru Margarine Import & Export List
Table 2020-2030 Asia & Pacific Margarine Market Size And Market Volume List
Table 2020-2030 Asia & Pacific Margarine Demand List By Application
Table 2020-2025 Asia & Pacific Margarine Key Players Sales List
Table 2020-2025 Asia & Pacific Margarine Key Players Market Share List
Table 2020-2030 Asia & Pacific Margarine Demand List By Type
Table 2020-2025 Asia & Pacific Margarine Price List By Type
Table 2020-2030 China Margarine Market Size And Market Volume List
Table 2020-2030 China Margarine Import & Export List
Table 2020-2030 India Margarine Market Size And Market Volume List
Table 2020-2030 India Margarine Import & Export List
Table 2020-2030 Japan Margarine Market Size And Market Volume List
Table 2020-2030 Japan Margarine Import & Export List
Table 2020-2030 South Korea Margarine Market Size And Market Volume List
Table 2020-2030 South Korea Margarine Import & Export List
Table 2020-2030 Southeast Asia Margarine Market Size List
Table 2020-2030 Southeast Asia Margarine Market Volume List
Table 2020-2030 Southeast Asia Margarine Import List
Table 2020-2030 Southeast Asia Margarine Export List
Table 2020-2030 Australia Margarine Market Size And Market Volume List
Table 2020-2030 Australia Margarine Import & Export List
Table 2020-2030 Europe Margarine Market Size And Market Volume List
Table 2020-2030 Europe Margarine Demand List By Application
Table 2020-2025 Europe Margarine Key Players Sales List
Table 2020-2025 Europe Margarine Key Players Market Share List
Table 2020-2030 Europe Margarine Demand List By Type
Table 2020-2025 Europe Margarine Price List By Type
Table 2020-2030 Germany Margarine Market Size And Market Volume List
Table 2020-2030 Germany Margarine Import & Export List
Table 2020-2030 France Margarine Market Size And Market Volume List
Table 2020-2030 France Margarine Import & Export List
Table 2020-2030 United Kingdom Margarine Market Size And Market Volume List
Table 2020-2030 United Kingdom Margarine Import & Export List
Table 2020-2030 Italy Margarine Market Size And Market Volume List
Table 2020-2030 Italy Margarine Import & Export List
Table 2020-2030 Spain Margarine Market Size And Market Volume List
Table 2020-2030 Spain Margarine Import & Export List
Table 2020-2030 Belgium Margarine Market Size And Market Volume List
Table 2020-2030 Belgium Margarine Import & Export List
Table 2020-2030 Netherlands Margarine Market Size And Market Volume List
Table 2020-2030 Netherlands Margarine Import & Export List
Table 2020-2030 Austria Margarine Market Size And Market Volume List
Table 2020-2030 Austria Margarine Import & Export List
Table 2020-2030 Poland Margarine Market Size And Market Volume List
Table 2020-2030 Poland Margarine Import & Export List
Table 2020-2030 Russia Margarine Market Size And Market Volume List
Table 2020-2030 Russia Margarine Import & Export List
Table 2020-2030 Mea Margarine Market Size And Market Volume List
Table 2020-2030 Mea Margarine Demand List By Application
Table 2020-2025 Mea Margarine Key Players Sales List
Table 2020-2025 Mea Margarine Key Players Market Share List
Table 2020-2030 Mea Margarine Demand List By Type
Table 2020-2025 Mea Margarine Price List By Type
Table 2020-2030 Egypt Margarine Market Size And Market Volume List
Table 2020-2030 Egypt Margarine Import & Export List
Table 2020-2030 Israel Margarine Market Size And Market Volume List
Table 2020-2030 Israel Margarine Import & Export List
Table 2020-2030 South Africa Margarine Market Size And Market Volume List
Table 2020-2030 South Africa Margarine Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Margarine Market Size And Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Margarine Import & Export List
Table 2020-2030 Turkey Margarine Market Size And Market Volume List
Table 2020-2030 Turkey Margarine Import & Export List
Table 2020-2025 Global Margarine Market Size List By Region
Table 2020-2025 Global Margarine Market Size Share List By Region
Table 2020-2025 Global Margarine Market Volume List By Region
Table 2020-2025 Global Margarine Market Volume Share List By Region
Table 2020-2025 Global Margarine Demand List By Application
Table 2020-2025 Global Margarine Demand Market Share List By Application
Table 2020-2025 Global Margarine Key Vendors Sales List
Table 2020-2025 Global Margarine Key Vendors Sales Share List
Table 2020-2025 Global Margarine Key Vendors Revenue List
Table 2020-2025 Global Margarine Key Vendors Revenue Share List
Table 2020-2025 Global Margarine Demand List By Type
Table 2020-2025 Global Margarine Demand Market Share List By Type
Table 2020-2025 Regional Margarine Price List
Table 2025-2030 Global Margarine Market Size List By Region
Table 2025-2030 Global Margarine Market Size Share List By Region
Table 2025-2030 Global Margarine Market Volume List By Region
Table 2025-2030 Global Margarine Market Volume Share List By Region
Table 2025-2030 Global Margarine Demand List By Application
Table 2025-2030 Global Margarine Demand Market Share List By Application
Table 2025-2030 Global Margarine Key Vendors Sales List
Table 2025-2030 Global Margarine Key Vendors Sales Share List
Table 2025-2030 Global Margarine Key Vendors Revenue List
Table 2025-2030 Global Margarine Key Vendors Revenue Share List
Table 2025-2030 Global Margarine Demand List By Type
Table 2025-2030 Global Margarine Demand Market Share List By Type
Table 2025-2030 Margarine Regional Price List

Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Margarine Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Margarine Market Size And Cagr
Figure 2020-2030 North America Margarine Market Volume And Cagr
Figure 2020-2030 South America Margarine Market Size And Cagr
Figure 2020-2030 South America Margarine Market Volume And Cagr
Figure 2020-2030 Asia & Pacific Margarine Market Size And Cagr
Figure 2020-2030 Asia & Pacific Margarine Market Volume And Cagr
Figure 2020-2030 Europe Margarine Market Size And Cagr
Figure 2020-2030 Europe Margarine Market Volume And Cagr
Figure 2020-2030 Mea Margarine Market Size And Cagr
Figure 2020-2030 Mea Margarine Market Volume And Cagr
Figure 2020-2025 Global Margarine Market Volume And Growth Rate
Figure 2020-2025 Global Margarine Market Size And Growth Rate
Figure 2025-2030 Global Margarine Market Volume And Growth Rate
Figure 2025-2030 Global Margarine Market Size And Growth Rate

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

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