Butter and Margarine Market is Market Set to Expand by 2023

Butter and Margarine Market is Market Set to Expand by 2023

  • Submitted By: amyjames
  • Date Submitted: 02/08/2016 12:30 AM
  • Category: Business
  • Words: 672
  • Page: 3

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High sales of margarine in developing countries will act as a high-impact driver for the global butter and margarine market, says
Transparency Market Research in a new report. In the report, titled, ‘Butter and Margarine Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015–2023,’ the report also credits the growing trend of home baking as a factor
impelling the consumption of these two products. Moreover, the growth in the food service industry in emerging economies will
lead to a rise in the demand for butter and margarine. As compared to butter, the demand for margarine is lower as the latter
comprises additives.
Margarine is often used as a substitute for butter but its flavor and properties are not the same as the latter. This difference in
their properties stems from the difference in the ingredients that go into the preparation of butter and margarine. While butter
primarily consists of protein, butterfat, and water, margarine comprises refined vegetable oil and in some instances, animal fat.
Both margarine and butter are used as cooking ingredients or simply as a spread over baked items.
Although changing food habits will augur well for the growth of the global butter and margarine market, companies will face
impediments with health-conscious consumers cutting back on the consumption of fatty food products. Companies have been...

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