ショートニング市場：供給源別、用途別-2025-2030年の世界予測

ショートニング市場の2023年の市場規模は26億米ドルで、2024年には27億3,000万米ドルに達すると予測され、CAGR 4.99%で成長し、2030年には36億6,000万米ドルに達すると予測されています。

360iResearchによる市場調査範囲と定義は、企業の戦略的意思決定を導くための包括的なデータ収集、分析、解釈を網羅しています。このプロセスは、市場ニーズの特定、競合の評価、消費者の嗜好や行動の評価に極めて重要です。その必要性は、市場力学に関する洞察を提供する能力にあり、これによって企業は製品の提供と戦略を最適化することができます。最終用途は、製品開拓、価格戦略、マーケティング・キャンペーンなど多岐にわたり、その範囲はテクノロジー、ヘルスケア、金融、小売など多岐にわたる。主な成長要因としては、技術的進歩、消費者意識の向上、世界化などが挙げられ、市場拡大の道が開けています。最新の潜在的機会はデジタルトランスフォーメーションから生じ、企業はデータ分析とAIを活用して消費者エンゲージメントと業務効率を高めることができます。企業は新たな顧客層を開拓するために、新興市場を開拓し、持続可能性の動向に注目することが推奨されます。しかし、データのプライバシーに関する懸念、包括的な調査に伴う高いコスト、消費者の嗜好の変動性などの制約があります。また、急速な技術変化への対応や規制環境の克服といった課題も、市場の成長に影響を与えます。革新的な道は、予測分析におけるAIと機械学習の統合、パーソナライズされたマーケティング手法の進歩、サプライチェーンの透明性の強化にあります。企業は競争力を維持するために、これらの分野の調査を優先すべきです。市場の性質はますますダイナミックになっており、技術的な破壊や消費者の期待の進化による素早いシフトを特徴としているため、敏捷性と先見性が必要とされます。持続可能な事業への投資と並んで、製品開発におけるイノベーションを促進する努力は、事業の持続的成長にとって極めて重要です。こうした市場の洞察を理解し、課題に対処することで、企業は戦略的に自らを位置づけ、機会を最大限に活用して長期的な成功を収めることができます。

市場力学：急速に進化するショートニング市場の主要市場インサイトを公開

ショートニング市場は、需要と供給のダイナミックな相互作用によって変貌を遂げています。このような市場力学の進化を理解することで、企業は十分な情報に基づいた投資決定、戦略的意思決定、新たなビジネスチャンスの獲得を行うことができます。これらの動向を包括的に把握することで、企業は政治的、地理的、技術的、社会的、経済的な領域にわたる様々なリスクを軽減することができるとともに、消費者行動とそれが製造コストや購買動向に与える影響をより明確に理解することができます。

• 市場促進要因
  • 加工食品産業の成長
  • 消費者の食習慣の変化によるベーカリー・菓子類の消費増加
  • コンビニエンス・フードの消費拡大
• 市場抑制要因
  • ショートニングに関連する健康上の懸念
• 市場機会
  • 都市生活者のライフスタイルの変化
  • ベーカリー製品におけるショートニング需要の増加、ショートニングの健康上の利点に対する意識の高まり
  • 健康食品に対する意識の高まり
• 市場の課題
  • 代替品の入手可能性

ポーターの5つの力：ショートニング市場をナビゲートする戦略ツール

ポーターの5つの力フレームワークは、市場情勢の競合情勢を理解するための重要なツールです。ポーターのファイブフォース・フレームワークは、企業の競争力を評価し、戦略的機会を探るための明確な手法を提供します。このフレームワークは、企業が市場内の勢力図を評価し、新規事業の収益性を判断するのに役立ちます。これらの洞察により、企業は自社の強みを活かし、弱みに対処し、潜在的な課題を回避することができ、より強靭な市場でのポジショニングを確保することができます。

PESTLE分析：ショートニング市場における外部からの影響の把握

外部マクロ環境要因は、ショートニング市場の業績ダイナミクスを形成する上で極めて重要な役割を果たします。政治的、経済的、社会的、技術的、法的、環境的要因の分析は、これらの影響をナビゲートするために必要な情報を提供します。PESTLE要因を調査することで、企業は潜在的なリスクと機会をよりよく理解することができます。この分析により、企業は規制、消費者の嗜好、経済動向の変化を予測し、先を見越した積極的な意思決定を行う準備ができます。

市場シェア分析ショートニング市場における競合情勢の把握

ショートニング市場の詳細な市場シェア分析により、ベンダーの業績を包括的に評価することができます。企業は、収益、顧客ベース、成長率などの主要指標を比較することで、競争上のポジショニングを明らかにすることができます。この分析により、市場の集中、断片化、統合の動向が明らかになり、ベンダーは競争が激化する中で自社の地位を高める戦略的意思決定を行うために必要な知見を得ることができます。

FPNVポジショニング・マトリックスショートニング市場におけるベンダーのパフォーマンス評価

FPNVポジショニングマトリックスは、ショートニング市場においてベンダーを評価するための重要なツールです。このマトリックスにより、ビジネス組織はベンダーのビジネス戦略と製品満足度に基づき評価することで、目標に沿った十分な情報に基づいた意思決定を行うことができます。4つの象限によってベンダーを明確かつ正確にセグメント化し、戦略目標に最適なパートナーやソリューションを特定することができます。

戦略分析と推奨ショートニング市場における成功への道筋を描く

ショートニング市場の戦略分析は、世界市場でのプレゼンス強化を目指す企業にとって不可欠です。主要なリソース、能力、業績指標を見直すことで、企業は成長機会を特定し、改善に取り組むことができます。このアプローチにより、競合情勢における課題を克服し、新たなビジネスチャンスを活かして長期的な成功を収めるための体制を整えることができます。

本レポートでは、主要な注目分野を網羅した市場の包括的な分析を提供しています：

1.市場の浸透度：現在の市場環境の詳細なレビュー、主要企業による広範なデータ、市場でのリーチと全体的な影響力の評価。

2.市場の開拓度：新興市場における成長機会を特定し、既存分野における拡大可能性を評価し、将来の成長に向けた戦略的ロードマップを提供します。

3.市場の多様化：最近の製品発売、未開拓の地域、業界の主要な進歩、市場を形成する戦略的投資を分析します。

4.競合の評価と情報：競合情勢を徹底的に分析し、市場シェア、事業戦略、製品ポートフォリオ、認証、規制当局の承認、特許動向、主要企業の技術進歩などを検証します。

5.製品開発およびイノベーション：将来の市場成長を促進すると期待される最先端技術、研究開発活動、製品イノベーションをハイライトしています。

また、利害関係者が十分な情報を得た上で意思決定できるよう、重要な質問にも答えています：

1.現在の市場規模と今後の成長予測は？

2.最高の投資機会を提供する製品、セグメント、地域はどこか？

3.市場を形成する主な技術動向と規制の影響とは？

4.主要ベンダーの市場シェアと競合ポジションは？

5.ベンダーの市場参入・撤退戦略の原動力となる収益源と戦略的機会は何か？

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場の概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • 成長する加工食品産業
    • 消費者の食習慣の変化により、パンや菓子類製品の消費が増加しています。
    • インスタント食品の消費増加
  • 抑制要因
    • ショートニングに関連する健康上の懸念
  • 機会
    • 都市住民のライフスタイルの変化
    • ベーカリー製品におけるショートニングの需要増加と、ショートニングの健康効果に関する意識の高まり
    • 健康食品に対する意識の高まりにより
  • 課題
    • 代替品の入手可能性
• 市場セグメンテーション分析
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治的
  • 経済
  • 社交
  • 技術的
  • 法律上
  • 環境

第6章 ショートニング市場：ソース別

• 動物由来
  • バター
  • ラード
  • 牛脂
• 水素添加植物油
• パームステアリン

第7章 ショートニング市場：用途別

• ベーカリー
  • ビスケット
  • パンおよびパン製品
• 菓子類
• スナック＆塩味

第8章 南北アメリカのショートニング市場

• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第9章 アジア太平洋地域のショートニング市場

• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第10章 欧州・中東・アフリカのショートニング市場

• デンマーク
• エジプト
• フィンランド
• フランス
• ドイツ
• イスラエル
• イタリア
• オランダ
• ナイジェリア
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第11章 競合情勢

• 市場シェア分析2023
• FPNVポジショニングマトリックス, 2023
• 競合シナリオ分析
• 戦略分析と提言

企業一覧

• Archer Daniels Midland Company
• Ariyan International Inc.
• Associated British Foods plc
• Bunge Limited
• Capitol Food Co.
• Cargill Inc.
• Fuji Oil Co., Ltd.
• IFFCO Group
• Manildra Group
• MOI International（Australia）Pty. Ltd.
• Premium Vegetable Oils Sdn. Bhd.
• Pristine Baking Solutions
• Sarawagi Group
• Sime Darby Oils Liverpool Refinery Ltd.
• SPECTRUM ORGANIC PRODUCTS, LLC
• Wilmar International Ltd.

LIST OF FIGURES

• FIGURE 1. SHORTENING MARKET RESEARCH PROCESS
• FIGURE 2. SHORTENING MARKET SIZE, 2023 VS 2030
• FIGURE 3. GLOBAL SHORTENING MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 4. GLOBAL SHORTENING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 5. GLOBAL SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 6. GLOBAL SHORTENING MARKET SIZE, BY SOURCE, 2023 VS 2030 (%)
• FIGURE 7. GLOBAL SHORTENING MARKET SIZE, BY SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL SHORTENING MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
• FIGURE 9. GLOBAL SHORTENING MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 10. AMERICAS SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 11. AMERICAS SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 12. UNITED STATES SHORTENING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
• FIGURE 13. UNITED STATES SHORTENING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 14. ASIA-PACIFIC SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 15. ASIA-PACIFIC SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 16. EUROPE, MIDDLE EAST & AFRICA SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 17. EUROPE, MIDDLE EAST & AFRICA SHORTENING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 18. SHORTENING MARKET SHARE, BY KEY PLAYER, 2023
• FIGURE 19. SHORTENING MARKET, FPNV POSITIONING MATRIX, 2023

LIST OF TABLES

• TABLE 1. SHORTENING MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2023
• TABLE 3. GLOBAL SHORTENING MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL SHORTENING MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL SHORTENING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. SHORTENING MARKET DYNAMICS
• TABLE 7. GLOBAL SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL SHORTENING MARKET SIZE, BY ANIMAL BASED, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL SHORTENING MARKET SIZE, BY BUTTER, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL SHORTENING MARKET SIZE, BY LARD, BY REGION, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL SHORTENING MARKET SIZE, BY TALLOW, BY REGION, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL SHORTENING MARKET SIZE, BY HYDROGENATED VEG OIL, BY REGION, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL SHORTENING MARKET SIZE, BY PALM STEARIN, BY REGION, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL SHORTENING MARKET SIZE, BY BAKERY, BY REGION, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL SHORTENING MARKET SIZE, BY BISCUITS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 18. GLOBAL SHORTENING MARKET SIZE, BY BREAD & BREAD BASED PRODUCTS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 19. GLOBAL SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 20. GLOBAL SHORTENING MARKET SIZE, BY CONFECTIONARY, BY REGION, 2018-2030 (USD MILLION)
• TABLE 21. GLOBAL SHORTENING MARKET SIZE, BY SNACKS & SAVOURY, BY REGION, 2018-2030 (USD MILLION)
• TABLE 22. AMERICAS SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 23. AMERICAS SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 24. AMERICAS SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 25. AMERICAS SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 26. AMERICAS SHORTENING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 27. ARGENTINA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 28. ARGENTINA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 29. ARGENTINA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 30. ARGENTINA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 31. BRAZIL SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 32. BRAZIL SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 33. BRAZIL SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 34. BRAZIL SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 35. CANADA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 36. CANADA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 37. CANADA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 38. CANADA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 39. MEXICO SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 40. MEXICO SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 41. MEXICO SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 42. MEXICO SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 43. UNITED STATES SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 44. UNITED STATES SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 45. UNITED STATES SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 46. UNITED STATES SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 47. UNITED STATES SHORTENING MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 48. ASIA-PACIFIC SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 49. ASIA-PACIFIC SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 50. ASIA-PACIFIC SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 51. ASIA-PACIFIC SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 52. ASIA-PACIFIC SHORTENING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 53. AUSTRALIA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 54. AUSTRALIA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 55. AUSTRALIA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 56. AUSTRALIA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 57. CHINA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 58. CHINA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 59. CHINA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 60. CHINA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 61. INDIA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 62. INDIA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 63. INDIA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 64. INDIA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 65. INDONESIA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 66. INDONESIA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 67. INDONESIA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 68. INDONESIA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 69. JAPAN SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 70. JAPAN SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 71. JAPAN SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 72. JAPAN SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 73. MALAYSIA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 74. MALAYSIA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 75. MALAYSIA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 76. MALAYSIA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 77. PHILIPPINES SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 78. PHILIPPINES SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 79. PHILIPPINES SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 80. PHILIPPINES SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 81. SINGAPORE SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 82. SINGAPORE SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 83. SINGAPORE SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 84. SINGAPORE SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 85. SOUTH KOREA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 86. SOUTH KOREA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 87. SOUTH KOREA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 88. SOUTH KOREA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 89. TAIWAN SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 90. TAIWAN SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 91. TAIWAN SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 92. TAIWAN SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 93. THAILAND SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 94. THAILAND SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 95. THAILAND SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 96. THAILAND SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 97. VIETNAM SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 98. VIETNAM SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 99. VIETNAM SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 100. VIETNAM SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 101. EUROPE, MIDDLE EAST & AFRICA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 102. EUROPE, MIDDLE EAST & AFRICA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 103. EUROPE, MIDDLE EAST & AFRICA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 104. EUROPE, MIDDLE EAST & AFRICA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 105. EUROPE, MIDDLE EAST & AFRICA SHORTENING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 106. DENMARK SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 107. DENMARK SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 108. DENMARK SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 109. DENMARK SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 110. EGYPT SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 111. EGYPT SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 112. EGYPT SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 113. EGYPT SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 114. FINLAND SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 115. FINLAND SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 116. FINLAND SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 117. FINLAND SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 118. FRANCE SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 119. FRANCE SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 120. FRANCE SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 121. FRANCE SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 122. GERMANY SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 123. GERMANY SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 124. GERMANY SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 125. GERMANY SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 126. ISRAEL SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 127. ISRAEL SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 128. ISRAEL SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 129. ISRAEL SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 130. ITALY SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 131. ITALY SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 132. ITALY SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 133. ITALY SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 134. NETHERLANDS SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 135. NETHERLANDS SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 136. NETHERLANDS SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 137. NETHERLANDS SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 138. NIGERIA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 139. NIGERIA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 140. NIGERIA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 141. NIGERIA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 142. NORWAY SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 143. NORWAY SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 144. NORWAY SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 145. NORWAY SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 146. POLAND SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 147. POLAND SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 148. POLAND SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 149. POLAND SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 150. QATAR SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 151. QATAR SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 152. QATAR SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 153. QATAR SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 154. RUSSIA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 155. RUSSIA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 156. RUSSIA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 157. RUSSIA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 158. SAUDI ARABIA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 159. SAUDI ARABIA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 160. SAUDI ARABIA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 161. SAUDI ARABIA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 162. SOUTH AFRICA SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 163. SOUTH AFRICA SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 164. SOUTH AFRICA SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 165. SOUTH AFRICA SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 166. SPAIN SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 167. SPAIN SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 168. SPAIN SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 169. SPAIN SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 170. SWEDEN SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 171. SWEDEN SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 172. SWEDEN SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 173. SWEDEN SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 174. SWITZERLAND SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 175. SWITZERLAND SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 176. SWITZERLAND SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 177. SWITZERLAND SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 178. TURKEY SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 179. TURKEY SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 180. TURKEY SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 181. TURKEY SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 182. UNITED ARAB EMIRATES SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 183. UNITED ARAB EMIRATES SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 184. UNITED ARAB EMIRATES SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 185. UNITED ARAB EMIRATES SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 186. UNITED KINGDOM SHORTENING MARKET SIZE, BY SOURCE, 2018-2030 (USD MILLION)
• TABLE 187. UNITED KINGDOM SHORTENING MARKET SIZE, BY ANIMAL BASED, 2018-2030 (USD MILLION)
• TABLE 188. UNITED KINGDOM SHORTENING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 189. UNITED KINGDOM SHORTENING MARKET SIZE, BY BAKERY, 2018-2030 (USD MILLION)
• TABLE 190. SHORTENING MARKET SHARE, BY KEY PLAYER, 2023
• TABLE 191. SHORTENING MARKET, FPNV POSITIONING MATRIX, 2023

The Shortening Market was valued at USD 2.60 billion in 2023, expected to reach USD 2.73 billion in 2024, and is projected to grow at a CAGR of 4.99%, to USD 3.66 billion by 2030.

The scope and definition of market research by 360iResearch encompass comprehensive data collection, analysis, and interpretation to guide businesses in strategic decision-making. This process is crucial for identifying market needs, evaluating competition, and assessing consumer preferences and behaviors. The necessity lies in its ability to provide insights into market dynamics, enabling companies to optimize product offerings and strategies. Its applications span across product development, pricing strategies, and marketing campaigns, while the end-use scope is diverse, including industries like technology, healthcare, finance, and retail. Key growth influencers include technological advancements, increasing consumer awareness, and globalization, which open avenues for market expansion. Latest potential opportunities arise from digital transformation, where businesses can leverage data analytics and AI to enhance consumer engagement and operational efficiency. It is recommended that companies explore emerging markets and focus on sustainability trends to tap into new customer segments. However, limitations include data privacy concerns, high costs associated with comprehensive research, and the volatility of consumer preferences. Challenges such as adapting to rapid technological changes and navigating regulatory environments also affect market growth. Innovative avenues lie in the integration of AI and machine learning in predictive analytics, advancing personalized marketing techniques, and enhancing supply chain transparency. Businesses should prioritize research in these areas to maintain competitiveness. The market's nature is increasingly dynamic, characterized by swift shifts driven by technological disruptions and evolving consumer expectations, necessitating agility and foresight. Efforts to foster innovation in product development, alongside investments in sustainable practices, will be pivotal for sustained business growth. By understanding these market insights and addressing challenges, companies can strategically position themselves to maximize opportunities and achieve long-term success.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Shortening Market

The Shortening Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Growing processed food industry
  • Change in eating habit of consumers have resulted in the rise of consumption of bakery and confectionery products
  • Increasing consumption of convenience food
• Market Restraints
  • Health concerns associated with shortening
• Market Opportunities
  • Changing lifestyle of the urban people
  • Increasing demand for shortenings in bakery products, and rising awareness about the health benefits of shortenings
  • Owing to increasing awareness about health products
• Market Challenges
  • Availability of alternatives

Porter's Five Forces: A Strategic Tool for Navigating the Shortening Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Shortening Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Shortening Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Shortening Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Shortening Market

A detailed market share analysis in the Shortening Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Shortening Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Shortening Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Shortening Market

A strategic analysis of the Shortening Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Shortening Market, highlighting leading vendors and their innovative profiles. These include Archer Daniels Midland Company, Ariyan International Inc., Associated British Foods plc, Bunge Limited, Capitol Food Co., Cargill Inc., Fuji Oil Co., Ltd., IFFCO Group, Manildra Group, MOI International (Australia) Pty. Ltd., Premium Vegetable Oils Sdn. Bhd., Pristine Baking Solutions, Sarawagi Group, Sime Darby Oils Liverpool Refinery Ltd., SPECTRUM ORGANIC PRODUCTS, LLC, and Wilmar International Ltd..

Market Segmentation & Coverage

This research report categorizes the Shortening Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Source, market is studied across Animal Based, Hydrogenated Veg Oil, and Palm Stearin. The Animal Based is further studied across Butter, Lard, and Tallow.
• Based on Application, market is studied across Bakery, Confectionary, and Snacks & Savoury. The Bakery is further studied across Biscuits and Bread & Bread Based Products.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Growing processed food industry
    • 5.1.1.2. Change in eating habit of consumers have resulted in the rise of consumption of bakery and confectionery products
    • 5.1.1.3. Increasing consumption of convenience food
  • 5.1.2. Restraints
    • 5.1.2.1. Health concerns associated with shortening
  • 5.1.3. Opportunities
    • 5.1.3.1. Changing lifestyle of the urban people
    • 5.1.3.2. Increasing demand for shortenings in bakery products, and rising awareness about the health benefits of shortenings
    • 5.1.3.3. Owing to increasing awareness about health products
  • 5.1.4. Challenges
    • 5.1.4.1. Availability of alternatives
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Shortening Market, by Source

• 6.1. Introduction
• 6.2. Animal Based
  • 6.2.1. Butter
  • 6.2.2. Lard
  • 6.2.3. Tallow
• 6.3. Hydrogenated Veg Oil
• 6.4. Palm Stearin

7. Shortening Market, by Application

• 7.1. Introduction
• 7.2. Bakery
  • 7.2.1. Biscuits
  • 7.2.2. Bread & Bread Based Products
• 7.3. Confectionary
• 7.4. Snacks & Savoury

8. Americas Shortening Market

• 8.1. Introduction
• 8.2. Argentina
• 8.3. Brazil
• 8.4. Canada
• 8.5. Mexico
• 8.6. United States

9. Asia-Pacific Shortening Market

• 9.1. Introduction
• 9.2. Australia
• 9.3. China
• 9.4. India
• 9.5. Indonesia
• 9.6. Japan
• 9.7. Malaysia
• 9.8. Philippines
• 9.9. Singapore
• 9.10. South Korea
• 9.11. Taiwan
• 9.12. Thailand
• 9.13. Vietnam

10. Europe, Middle East & Africa Shortening Market

• 10.1. Introduction
• 10.2. Denmark
• 10.3. Egypt
• 10.4. Finland
• 10.5. France
• 10.6. Germany
• 10.7. Israel
• 10.8. Italy
• 10.9. Netherlands
• 10.10. Nigeria
• 10.11. Norway
• 10.12. Poland
• 10.13. Qatar
• 10.14. Russia
• 10.15. Saudi Arabia
• 10.16. South Africa
• 10.17. Spain
• 10.18. Sweden
• 10.19. Switzerland
• 10.20. Turkey
• 10.21. United Arab Emirates
• 10.22. United Kingdom

11. Competitive Landscape

• 11.1. Market Share Analysis, 2023
• 11.2. FPNV Positioning Matrix, 2023
• 11.3. Competitive Scenario Analysis
• 11.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Archer Daniels Midland Company
• 2. Ariyan International Inc.
• 3. Associated British Foods plc
• 4. Bunge Limited
• 5. Capitol Food Co.
• 6. Cargill Inc.
• 7. Fuji Oil Co., Ltd.
• 8. IFFCO Group
• 9. Manildra Group
• 10. MOI International (Australia) Pty. Ltd.
• 11. Premium Vegetable Oils Sdn. Bhd.
• 12. Pristine Baking Solutions
• 13. Sarawagi Group
• 14. Sime Darby Oils Liverpool Refinery Ltd.
• 15. SPECTRUM ORGANIC PRODUCTS, LLC
• 16. Wilmar International Ltd.