World - Margarine And Shortening - Market Analysis, Forecast, Size, Trends and Insights
Which Country Produces the Most Margarine and Shortening in the World?
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tonnes), accounting for X% of global production. Moreover, margarine and shortening output in the United States exceeded the figures recorded by the world's second largest producer, Pakistan (X thousand tonnes), twofold. The third position in this ranking was occupied by India with a share of X%.
From 2007 to 2015, an average annual growth rate of margarine and shortening producton in the United States stood at -X%. The remaining producing countries recorded the following average annual growth rates: Pakistan (+X% per year) and India (X% per year).
Top X Margarine And Shortening Producing Countries in the World
X. United States (X Tonnes)
X. Pakistan (X Tonnes)
X. India (X Tonnes)
X. Turkey (X Tonnes)
X. Germany (X Tonnes)
X. Indonesia (X Tonnes)
X. Brazil (X Tonnes)
X. Russia (X Tonnes)
X. Poland (X Tonnes)
X. Japan (X Tonnes)
Global Margarine and Shortening Production
Global margarine and shortening production amounted to X thousand tonnes in 2015, standing approx. at the previous year level. Overall, the global margarine and shortening output pursued a moderate decline from 2007 to 2015. The trend pattern was relatively stable, with only minor fluctuations throughout the analyzed period. The total output figures decreased at an average annual rate of -X%. The growth pace was the most rapid in 2011, when the output figure increased by +X% from the previous year level. Over the period under review, the global margarine and shortening production reached its maximum volume in 2015, and is likely to continue its growth in the immediate term.
Over the analyzed period, global margarine and shortening production was buoyed by growth of population and growth bakery products production. These key factors are to remain relevant with regard to margarine and shortening output in the immediate term.
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