Japan Dairy Free Shortening Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.3 Billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030.
The Japan dairy-free shortening market exhibits diverse applications, largely driven by the growing demand for plant-based and allergen-free products. One of the prominent segments is the bakery industry. In this sector, dairy-free shortening is utilized to enhance the texture and shelf life of various baked goods, including bread, cakes, and pastries. The shift towards healthier and more inclusive food options has led to an increased adoption of dairy-free alternatives in bakery formulations. This trend is particularly evident in artisan bakeries and large-scale commercial operations that aim to cater to a broader consumer base, including those with lactose intolerance or dairy allergies.
Another significant application of dairy-free shortening is in the confectionery industry. Confectioners use dairy-free shortening to create creamy textures in products such as chocolates, candies, and fillings. This ingredient helps in achieving the desired consistency and mouthfeel without relying on dairy products, which is crucial for meeting the preferences of vegan and health-conscious consumers. The demand for dairy-free options in confectionery has been rising, as more people seek indulgent treats that align with their dietary restrictions and lifestyle choices.
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Groupe Danone
The Hein Celestial Group
The Whitewave Foods Company
Good Karma Foods
GraceKennedy Group
Blue Diamond Growers
Inc.
SunOpta
Inc.
Oatly A.B.
Vitasoy International Holdings Limited
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Dairy Free Shortening Market
Household
Commercial
Based on Types the Market is categorized into Below types that held the largest Dairy Free Shortening market share In 2023.
Beverages
Milk
dairy-free Kefir
Bakery Products
Bakery and Confectionary
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan Dairy Free Shortening Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Dairy Free Shortening Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Dairy Free Shortening Market, By Type
6. Japan Dairy Free Shortening Market, By Application
7. Japan Dairy Free Shortening Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Dairy Free Shortening Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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