According to a market report by Lucintel, the future of the margarine market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience stores, and e-retail markets. The major drivers for this market are shifting of consumers towards margarine from butter with negative impact of bad fats, increasing application in bakery items, and health benefits such as reduction in low-density lipoprotein (LDL).
In this market, hard, soft, and liquid margarine are the major product types. Hard margarine is expected to remain the largest segment due to rise in spending on packaged cookies and biscuits that utilize margarine. It is used in both commercial and household bakery items.
Household is expected to witness the highest growth over the forecast period due to consumers’ preference for margarine for table spreads due to health benefits and affordable pricing.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the margarine market in the US by product type, application, and distribution channel has compiled a comprehensive research report titled “Growth Opportunities for the Margarine Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the margarine market in the US by product type, application, and distribution channel type as follows:
By Product Type [$ Million Shipment Analysis from 2015 to 2026]:
By Application [$ Million Shipment Analysis from 2015 to 2026]:
By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:
Supermarkets/Hypermarkets
Convenience Stores
E-retailers
Others
This more than 50-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.