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The global Shortening Powder market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Shortening powder is an edible fat that is derived from various source such as palm, soybean, etc. Shortening powder is used in the preparation of various bakery and confectionery food products to improve the texture and quality of the finished goods. Shortening powder is an excellent food ingredient that is easy to use and has extended shelf-life. Shortening powder enhances the softness of the finished products and helps to improve the overall quality of the product.
This report aims to provide a comprehensive presentation of the global market for Shortening Powder, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shortening Powder. This report contains market size and forecasts of Shortening Powder in global, including the following market information:

• Global Shortening Powder Market Revenue, 2018-2023, 2024-2030, ($ millions)
• Global Shortening Powder Market Sales, 2018-2023, 2024-2030, (K Tons)
• Global top five Shortening Powder companies in 2022 (%)

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Palm Shortening Powder Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Shortening Powder include Archer Daniels Midland Company, Cargill, Augason Farms, The J.M. Smucker Company, Honeyville, Inc., Bluegrass Dairy & Food, Inc. and DairiConcepts, L.P., etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Shortening Powder manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Shortening Powder Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Tons)
Global Shortening Powder Market Segment Percentages, by Type, 2022 (%)

• Palm Shortening Powder
• Soybean Shortening Powder
• Others

Global Shortening Powder Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Tons)
Global Shortening Powder Market Segment Percentages, by Application, 2022 (%)

• Food Industry
• Foodservice/HoReCa (Hotels/Restaurants/Caf?)
• Household

Global Shortening Powder Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Tons)
Global Shortening Powder Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Shortening Powder revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Shortening Powder revenues share in global market, 2022 (%)
• Key companies Shortening Powder sales in global market, 2018-2023 (Estimated), (K Tons)
• Key companies Shortening Powder sales share in global market, 2022 (%)

Key players include:

• Archer Daniels Midland Company
• Cargill
• Augason Farms
• The J.M. Smucker Company
• Honeyville, Inc.
• Bluegrass Dairy & Food, Inc.
• DairiConcepts, L.P.

Outline of Major Chapters:
Chapter 1: Introduces the definition of Shortening Powder, market overview.
Chapter 2: Global Shortening Powder market size in revenue and volume.
Chapter 3: Detailed analysis of Shortening Powder manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Shortening Powder in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Shortening Powder capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.