According to Cognitive Market Research, The Global Emulsified Shortening market size is USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.50% from 2023 to 2030.
The demand for emulsified shortenings is rising due to the numerous strategies adopted by key participants.
Demand for plant based remains higher in the emulsified shortenings market.
The food processing category held the highest emulsified shortenings market revenue share in 2023.
European emulsified shortenings will continue to lead, whereas the Asia Pacific emulsified shortenings market will experience the most substantial growth until 2030.