Shortenings Market - Forecast(2024 - 2030)

Report Code: FBR 43140 Report Format: PDF + Excel

Shortenings Market Overview

The Shortenings Market size is estimated to reach $4.33 billion by 2027 and is poised to grow at a CAGR of 4.17% over the forecast period of 2022-2027. Shortenings are the ingredient that helps in adding texture-flakiness and even crispiness to the various bakery and confectionaries items. Some of the common shortening products are vegetable oils or hydrogenated vegetable oils such as palm or coconut oils. Further, consumers often add non-vegan shortening ingredients such as margarine and lard. Margarine has had an interesting processing method that allows it to be made from either animal-based sources or vegan sources. Lard, on the other hand, is completely obtained from the fatty tissue of a pig, while tallow another shortening product is obtained from cattle or sheep. Shortening products, just like starch are an important baking ingredient as they elongate the feeling of crispiness and flakiness in longer solid fat confectionaries. Bakers and Confectioners add monoglycerides to reduce the water-oil interfacial tension, thereby helping in making various bread and buns. The governing application, Bakery, has been growing at a rapid pace thereby supplementing the growth along with the uprising of robust working-class supplemented by growing urbanization across the globe and acting as key drivers for the Shortening Industry in the projected period of 2022-2027.

Shortenings Market

Report Coverage

The report: Shortenings Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Shortenings Market.

By Source- Animal and Vegan.
By Application- Bakery and Confectionary, Snacks and Savoury, and Others. 
By Distribution Channel- Online Channel and Off-Line Channels.
By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (the Middle East, and Africa).

Key Takeaways

  • Geographically, Europe’s shortening market held a dominant market share in the year 2021. It is owing to the presence of a robust bakers’ and confectioners’ association and group of manufacturers. Additionally, the other raw material pertaining to bakeries and confectionaries have been long dominated by the said region. However, Asia-Pacific is expected to offer lucrative growth opportunities to the marketers in the projected period owing to the uprising of soar and robust manufacturing capacities. The flag bearer for such movement would be China-India and Japan.
  • Increasing consumption of bakery confectionery items is one of the crucial drivers for the Shortenings Market. However, awareness pertaining to the heightened consumption of excessive fats has hampered the overall market growth.
  • A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Shortenings Market Report.

Shortenings Market- Geography (%) for 2021.

Shortenings Market Size Report, 2022-2027

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Shortenings Market Segmentation Analysis- By Source

The Shortening market based on the source can be further segmented into animal and vegan. Vegan held a dominant market share in the year 2021. Various vegetable oils are included within the vegan segment, and the rise of veganism as a trend has rightly helped the market gain an edge. Consumers have become extremely aware of the ingredients they are consuming, plus aspects such as non-GMO, organic, and other aspects have aided the market growth. Further, giants such as Cargill had introduced new product lines especially for supplementing the vegan demand within the bakery items.

Moreover, vegan is estimated to be the fastest-growing, with a CAGR of 4.8% over the forecast period of 2022-2027. Product launches substantially within the organic and sustainable product categories are growing. Further, a 300% increase in vegans was observed between 2004-2019, thereby holding around 3% of the total population in the US.

Shortenings Market Segmentation Analysis- By Application

The Shortening market based on the application can be further segmented into bakery and confectionaries, snacks and savory, and others. Bakery and Confectionaries held a dominant market share in the year 2021. It is owing to the inclusion of various types of bakery items that needs shortening products. Shortening brings a gap between water and dough, thereby allowing the flakiness and crispness in the entire offerings. Bakery items boomed during the pandemic owing to offline channels or household sales. Consumers purchased baking soda-cocoa powder-and various other ancillaries to bake cakes, as manufacturers such as Tata and Cadbury reported 70-80% increment in sales. Additionally, pre-mixes sales boomed which has all the necessary oils and shortening products. Home baking as a trend helped the bakery and confectionary hold a lion’s share.

Moreover, the bakery and confectionaries segment is estimated to be the fastest-growing, with a CAGR of 4.9% over the forecast period of 2022-2027. It is owing to the product innovations being taken by the end-users, keeping the consumer sentiments nigh and high.

Shortenings Market Segmentation Analysis- By Geography

The Shortening market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. Europe held a dominant market share of 37% as compared to the other regions in 2021. It is owing to the strong presence of various manufacturing or processing bakeries & confectionary industries within the region. Moreover, the numbers of bakers pre-covid were on an increase, especially the artisanal bakers’ numbers increased around 36% within a span of 10 years. Owing to such reasons, the region held a dominant size.

However, Asia-Pacific is expected to offer lucrative growth opportunities to the marketers owing to the growing robustness in the food packaging and processing industries, especially in China and India. Various ready-to-eat baked goods and savories are manufactured in China owing to the presence of cheap labor and other overhead costs. Moreover, governmental support would readily aid the market.

Shortenings Market Drivers

The governing application, Bakery, has been growing at a rapid pace thereby supplementing the growth of the Shortening Market.

From need-based fulfillment to want-based fulfillment, the bakery industry has grown to that extent. Consumers were ardent bread consumers owing to its need but having a bulk of varieties within the bread segment has altered the need-based demand to want-based demand. One of the predominant reasons for the same is the availability of the internet across the world, especially the rising data consumption patterns from low-and middle-income countries that have aided the overall demand. As per the latest report from TRAI, the internet users are bound to touch 900 million by 2025, from earlier 622 million in 2020. The following results in an increase of 45% for the next 5 years. Retail giants have noted a surge in bakery-related items from the tier-2 and 3 cities particularly pertaining to bakery items owing to their availability of the internet and mobile payments. Owing to such reasons, the overall market is positioned favorably.

The uprising of robust working-class supplemented by growing urbanization across the globe would act as a key driver for the market.

Consumers purchase bakery or confectionary items along with snacks and savory products to satisfy the long ordeal of mouthfeel or eye feel. The role of shortening in such products allows the end-users to feel “happy” or “content” or “satisfied” post-consumption. Shortbread cookies for example easily melt in one’s mouth or would crumble if pressed between the fingers too tight. The role of shortening is to separate pie dough from water, thereby creating air pockets that make these products extremely flaky and tasty as well. The growing urbanization trends have applied to extensive stress and sedentary lifestyles. Hence, consumers are looking to satisfy their food cravings from such products, to reduce anxiety-depression and various other reasons. As for urbanization, around 10% of the population lives in cities by 1900, which grew to >58% in 2016 to more than 75% by 2050. The trends dictate that human stress would only grow and supplement the market.

Shortenings Market Challenges

The awareness pertaining to the harmful effects of fat and consumers' approach to being label-conscious have impeded the market growth.

Consumers have become increasingly concerned about the ingredients, particularly if it has fat amounts. Moreover, the predominant ingredients which are used for shortening are high in various fats, which can negatively impact one’s health. Even consumers who are looking for vegan options such as Coconut oil have to be wary of the various ill-effects such alternatives might present. Coconut oil is 90% saturated fat, which is even higher than butter (64%) or lard (40%). The said factors can lead to an increment of LDL or bad cholesterol levels. The population is soaring with high LDLs as nearly 94 million US adults have cholesterols above 200mg/dl while 28 million adults have had it above 240mg/dl. Owing to such health ailments, the market’s growth has been impeded.

Shortenings Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the shortening market. The top 10- shortening market companies are-

  1. Archer Daniels Midland Company,
  2. AAK AB,
  3. Bunge Limited,
  4. Manildra Group,
  5. Ventura Foods, LLC,
  6. International Foodstuff Company Holdings Limited,
  7. Cargill,
  8. Wilmar International Limited,
  9. Associated British Foods,
  10. ConAgra Brands

Recent Developments

  • In February 2019, Nature Fresh Professional launched its wide range of shortening products across the Kerala Market-India. The offerings of the company would include Elite-Supreme-Select-Delight-Classic- and also a range of Margarine such as Champion, Master, and Genius. The company has a clear vision to provide good quality ingredients to the bakers. Making this launch more engaging, the brand organized a technical session with Thiruvananthapuram- and Kozhikode-based bakers, making it educative and interactive.
  • In February 2019, Cargill has launched a palm oil shortening line for bakery food products and the line would be given as Palm-Agility. The company said palm oil helps to reduce brittleness across a broader range of temperatures and can be easily stored without losing workability or texture. PalmAgility has a smoother and creamier texture than regular palm oil shortenings, and therefore means faster mixing times and better incorporation of ingredients, the company said.

Relevant Titles

Modified Starch Market- Forecast (2022-2027)
Report Code- FBR 0041

Edible Oil Market- Forecast (2022-2027)
Report Code- FBR 0180 

For more Food and Beverage Market related reports, please click here

1. Shortenings Market Overview
    1.1 Definitions and Scope
2. Shortenings Market- Executive Summary
3. Shortenings Market – Market Landscape
    3.1 Company Benchmarking- Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Share Analysis
    3.4 Patent Analysis
    3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Shortenings Market – Startup Company Scenario (Premium)
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Shortenings Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Shortenings Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Shortenings Market – By Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Shortenings Market- By Source (Market Size –$Million/$Billion) 
    8.1 Animal
        8.1.1 Butter
        8.1.2 Lard
        8.1.3 Tallow
        8.1.4 Others
    8.2 Vegan
        8.2.1 Edible Oils
        8.2.2 Plant-Based Butters
        8.2.3 Others
9. Shortenings Market- By Application (Market Size –$Million/$Billion) 
    9.1 Bakery and Confectionaries
    9.2 Snacks and Savory
    9.3 Others
10. Shortenings Market- By Distribution Channel (Market Size –$Million/$Billion) 
    10.1 Online Channel
        10.1.1 Hotels and Cafe
        10.1.2 Restaurants
        10.1.3 Artisanal Bakery
        10.1.4 Others
    10.2 Offline Channel
11. Shortenings Market - By Geography (Market Size -$Million/Billion)
    11.1 North America
        11.1.1 U.S
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 Germany
        11.2.2 France
        11.2.3 UK
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Russia
        11.2.7 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 South Korea
        11.3.4 India
        11.3.5 Australia & New Zealand
        11.3.6 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Chile
        11.4.4 Colombia
        11.4.5 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
        11.5.2 Africa
12. Shortenings Market - Market Entropy
    12.1 New product launches
    12.2 M&A's, collaborations, JVs, and partnerships
13. Shortenings Market – Industry Competition Landscape (Premium)
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key Companies
        13.1.3 Market Share by Countries – Key Companies
    13.2 Competition Matrix
    13.3 Best Practices for Companies
14. Shortenings Market – Key Company List by Country Premium (Premium)
15. Shortenings Market - Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials would be provided on a best-efforts basis for private companies"

LIST OF TABLES

1.Global Shortenings Market By Source Market 2019-2024 ($M)
1.1 Vegetable Shortenings Market 2019-2024 ($M) - Global Industry Research
1.2 Animal Shortenings Market 2019-2024 ($M) - Global Industry Research
2.Global Shortenings Market By Key Ingredient Market 2019-2024 ($M)
2.1 Oil Market 2019-2024 ($M) - Global Industry Research
2.2 Butter Market 2019-2024 ($M) - Global Industry Research
2.3 Lard Market 2019-2024 ($M) - Global Industry Research
2.4 Tallow Market 2019-2024 ($M) - Global Industry Research
3.Global Shortenings By Process Market 2019-2024 ($M)
3.1 Edible Oil Production Process Market 2019-2024 ($M) - Global Industry Research
3.2 Hydrogenation Market 2019-2024 ($M) - Global Industry Research
3.3 Fractionation Market 2019-2024 ($M) - Global Industry Research
3.4 Interesterification Market 2019-2024 ($M) - Global Industry Research
4.Global Shortenings By Brand Market 2019-2024 ($M)
4.1 Novalipid Market 2019-2024 ($M) - Global Industry Research
4.2 Extend Market 2019-2024 ($M) - Global Industry Research
4.3 Clear Valley Market 2019-2024 ($M) - Global Industry Research
4.4 Wesson Market 2019-2024 ($M) - Global Industry Research
4.5 Sanstrans Market 2019-2024 ($M) - Global Industry Research
5.Global Shortenings Market By Source Market 2019-2024 (Volume/Units)
5.1 Vegetable Shortenings Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 Animal Shortenings Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global Shortenings Market By Key Ingredient Market 2019-2024 (Volume/Units)
6.1 Oil Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Butter Market 2019-2024 (Volume/Units) - Global Industry Research
6.3 Lard Market 2019-2024 (Volume/Units) - Global Industry Research
6.4 Tallow Market 2019-2024 (Volume/Units) - Global Industry Research
7.Global Shortenings By Process Market 2019-2024 (Volume/Units)
7.1 Edible Oil Production Process Market 2019-2024 (Volume/Units) - Global Industry Research
7.2 Hydrogenation Market 2019-2024 (Volume/Units) - Global Industry Research
7.3 Fractionation Market 2019-2024 (Volume/Units) - Global Industry Research
7.4 Interesterification Market 2019-2024 (Volume/Units) - Global Industry Research
8.Global Shortenings By Brand Market 2019-2024 (Volume/Units)
8.1 Novalipid Market 2019-2024 (Volume/Units) - Global Industry Research
8.2 Extend Market 2019-2024 (Volume/Units) - Global Industry Research
8.3 Clear Valley Market 2019-2024 (Volume/Units) - Global Industry Research
8.4 Wesson Market 2019-2024 (Volume/Units) - Global Industry Research
8.5 Sanstrans Market 2019-2024 (Volume/Units) - Global Industry Research
9.North America Shortenings Market By Source Market 2019-2024 ($M)
9.1 Vegetable Shortenings Market 2019-2024 ($M) - Regional Industry Research
9.2 Animal Shortenings Market 2019-2024 ($M) - Regional Industry Research
10.North America Shortenings Market By Key Ingredient Market 2019-2024 ($M)
10.1 Oil Market 2019-2024 ($M) - Regional Industry Research
10.2 Butter Market 2019-2024 ($M) - Regional Industry Research
10.3 Lard Market 2019-2024 ($M) - Regional Industry Research
10.4 Tallow Market 2019-2024 ($M) - Regional Industry Research
11.North America Shortenings By Process Market 2019-2024 ($M)
11.1 Edible Oil Production Process Market 2019-2024 ($M) - Regional Industry Research
11.2 Hydrogenation Market 2019-2024 ($M) - Regional Industry Research
11.3 Fractionation Market 2019-2024 ($M) - Regional Industry Research
11.4 Interesterification Market 2019-2024 ($M) - Regional Industry Research
12.North America Shortenings By Brand Market 2019-2024 ($M)
12.1 Novalipid Market 2019-2024 ($M) - Regional Industry Research
12.2 Extend Market 2019-2024 ($M) - Regional Industry Research
12.3 Clear Valley Market 2019-2024 ($M) - Regional Industry Research
12.4 Wesson Market 2019-2024 ($M) - Regional Industry Research
12.5 Sanstrans Market 2019-2024 ($M) - Regional Industry Research
13.South America Shortenings Market By Source Market 2019-2024 ($M)
13.1 Vegetable Shortenings Market 2019-2024 ($M) - Regional Industry Research
13.2 Animal Shortenings Market 2019-2024 ($M) - Regional Industry Research
14.South America Shortenings Market By Key Ingredient Market 2019-2024 ($M)
14.1 Oil Market 2019-2024 ($M) - Regional Industry Research
14.2 Butter Market 2019-2024 ($M) - Regional Industry Research
14.3 Lard Market 2019-2024 ($M) - Regional Industry Research
14.4 Tallow Market 2019-2024 ($M) - Regional Industry Research
15.South America Shortenings By Process Market 2019-2024 ($M)
15.1 Edible Oil Production Process Market 2019-2024 ($M) - Regional Industry Research
15.2 Hydrogenation Market 2019-2024 ($M) - Regional Industry Research
15.3 Fractionation Market 2019-2024 ($M) - Regional Industry Research
15.4 Interesterification Market 2019-2024 ($M) - Regional Industry Research
16.South America Shortenings By Brand Market 2019-2024 ($M)
16.1 Novalipid Market 2019-2024 ($M) - Regional Industry Research
16.2 Extend Market 2019-2024 ($M) - Regional Industry Research
16.3 Clear Valley Market 2019-2024 ($M) - Regional Industry Research
16.4 Wesson Market 2019-2024 ($M) - Regional Industry Research
16.5 Sanstrans Market 2019-2024 ($M) - Regional Industry Research
17.Europe Shortenings Market By Source Market 2019-2024 ($M)
17.1 Vegetable Shortenings Market 2019-2024 ($M) - Regional Industry Research
17.2 Animal Shortenings Market 2019-2024 ($M) - Regional Industry Research
18.Europe Shortenings Market By Key Ingredient Market 2019-2024 ($M)
18.1 Oil Market 2019-2024 ($M) - Regional Industry Research
18.2 Butter Market 2019-2024 ($M) - Regional Industry Research
18.3 Lard Market 2019-2024 ($M) - Regional Industry Research
18.4 Tallow Market 2019-2024 ($M) - Regional Industry Research
19.Europe Shortenings By Process Market 2019-2024 ($M)
19.1 Edible Oil Production Process Market 2019-2024 ($M) - Regional Industry Research
19.2 Hydrogenation Market 2019-2024 ($M) - Regional Industry Research
19.3 Fractionation Market 2019-2024 ($M) - Regional Industry Research
19.4 Interesterification Market 2019-2024 ($M) - Regional Industry Research
20.Europe Shortenings By Brand Market 2019-2024 ($M)
20.1 Novalipid Market 2019-2024 ($M) - Regional Industry Research
20.2 Extend Market 2019-2024 ($M) - Regional Industry Research
20.3 Clear Valley Market 2019-2024 ($M) - Regional Industry Research
20.4 Wesson Market 2019-2024 ($M) - Regional Industry Research
20.5 Sanstrans Market 2019-2024 ($M) - Regional Industry Research
21.APAC Shortenings Market By Source Market 2019-2024 ($M)
21.1 Vegetable Shortenings Market 2019-2024 ($M) - Regional Industry Research
21.2 Animal Shortenings Market 2019-2024 ($M) - Regional Industry Research
22.APAC Shortenings Market By Key Ingredient Market 2019-2024 ($M)
22.1 Oil Market 2019-2024 ($M) - Regional Industry Research
22.2 Butter Market 2019-2024 ($M) - Regional Industry Research
22.3 Lard Market 2019-2024 ($M) - Regional Industry Research
22.4 Tallow Market 2019-2024 ($M) - Regional Industry Research
23.APAC Shortenings By Process Market 2019-2024 ($M)
23.1 Edible Oil Production Process Market 2019-2024 ($M) - Regional Industry Research
23.2 Hydrogenation Market 2019-2024 ($M) - Regional Industry Research
23.3 Fractionation Market 2019-2024 ($M) - Regional Industry Research
23.4 Interesterification Market 2019-2024 ($M) - Regional Industry Research
24.APAC Shortenings By Brand Market 2019-2024 ($M)
24.1 Novalipid Market 2019-2024 ($M) - Regional Industry Research
24.2 Extend Market 2019-2024 ($M) - Regional Industry Research
24.3 Clear Valley Market 2019-2024 ($M) - Regional Industry Research
24.4 Wesson Market 2019-2024 ($M) - Regional Industry Research
24.5 Sanstrans Market 2019-2024 ($M) - Regional Industry Research
25.MENA Shortenings Market By Source Market 2019-2024 ($M)
25.1 Vegetable Shortenings Market 2019-2024 ($M) - Regional Industry Research
25.2 Animal Shortenings Market 2019-2024 ($M) - Regional Industry Research
26.MENA Shortenings Market By Key Ingredient Market 2019-2024 ($M)
26.1 Oil Market 2019-2024 ($M) - Regional Industry Research
26.2 Butter Market 2019-2024 ($M) - Regional Industry Research
26.3 Lard Market 2019-2024 ($M) - Regional Industry Research
26.4 Tallow Market 2019-2024 ($M) - Regional Industry Research
27.MENA Shortenings By Process Market 2019-2024 ($M)
27.1 Edible Oil Production Process Market 2019-2024 ($M) - Regional Industry Research
27.2 Hydrogenation Market 2019-2024 ($M) - Regional Industry Research
27.3 Fractionation Market 2019-2024 ($M) - Regional Industry Research
27.4 Interesterification Market 2019-2024 ($M) - Regional Industry Research
28.MENA Shortenings By Brand Market 2019-2024 ($M)
28.1 Novalipid Market 2019-2024 ($M) - Regional Industry Research
28.2 Extend Market 2019-2024 ($M) - Regional Industry Research
28.3 Clear Valley Market 2019-2024 ($M) - Regional Industry Research
28.4 Wesson Market 2019-2024 ($M) - Regional Industry Research
28.5 Sanstrans Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Shortenings Market Revenue, 2019-2024 ($M)
2.Canada Shortenings Market Revenue, 2019-2024 ($M)
3.Mexico Shortenings Market Revenue, 2019-2024 ($M)
4.Brazil Shortenings Market Revenue, 2019-2024 ($M)
5.Argentina Shortenings Market Revenue, 2019-2024 ($M)
6.Peru Shortenings Market Revenue, 2019-2024 ($M)
7.Colombia Shortenings Market Revenue, 2019-2024 ($M)
8.Chile Shortenings Market Revenue, 2019-2024 ($M)
9.Rest of South America Shortenings Market Revenue, 2019-2024 ($M)
10.UK Shortenings Market Revenue, 2019-2024 ($M)
11.Germany Shortenings Market Revenue, 2019-2024 ($M)
12.France Shortenings Market Revenue, 2019-2024 ($M)
13.Italy Shortenings Market Revenue, 2019-2024 ($M)
14.Spain Shortenings Market Revenue, 2019-2024 ($M)
15.Rest of Europe Shortenings Market Revenue, 2019-2024 ($M)
16.China Shortenings Market Revenue, 2019-2024 ($M)
17.India Shortenings Market Revenue, 2019-2024 ($M)
18.Japan Shortenings Market Revenue, 2019-2024 ($M)
19.South Korea Shortenings Market Revenue, 2019-2024 ($M)
20.South Africa Shortenings Market Revenue, 2019-2024 ($M)
21.North America Shortenings By Application
22.South America Shortenings By Application
23.Europe Shortenings By Application
24.APAC Shortenings By Application
25.MENA Shortenings By Application
26.Cargill, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Bunge Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Conagra Brands, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Wilmar International Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Archer Daniels Midland Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.International Foodstuff Company Holdings Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Manildra Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.AAK AB, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Associated British Foods PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)