Global Shortening Powder Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Source;

Palm, Soybean, and Others.

By End-Use;

Food Industry, Foodservice/HoReCa (Hotels/Restaurants/Café), and Household.

By Sales Channel;

Direct Sales, Indirect Sales, Hypermarkets/Supermarkets, Wholesalers, Convenience Stores, Specialty Stores, and Online Retailers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn331066083 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Shortening Powder Market (USD Million), 2021 - 2031

In the year 2024, the Global Shortening Powder Market was valued at USD 5,033.86 million. The size of this market is expected to increase to USD 6,768.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.3%.

The global shortening powder market is an essential segment within the food and beverage industry, characterized by the production and use of powdered shortening products designed to provide the functional benefits of traditional shortening fats in a more convenient and versatile form. Shortening powder, derived from solid or liquid shortening through a specialized process, is utilized primarily in baking and food processing to enhance texture, flavor, and shelf life. It offers a range of advantages, including easier handling, precise formulation, and improved blending with dry ingredients.

As the food industry evolves, the demand for shortening powder has grown due to its ability to streamline production processes and support the creation of high-quality baked goods and processed foods. The market is driven by the increasing preference for convenience foods, the rise of automated baking processes, and the need for consistent product performance across various food applications. Shortening powder provides a valuable solution for manufacturers looking to achieve desired textural properties and extend the shelf life of their products without the complications associated with handling liquid or solid fats.

In addition to its functional benefits, shortening powder aligns with industry trends towards cleaner labels and improved nutritional profiles. Innovations in formulation and production are addressing consumer demands for healthier alternatives by reducing trans fats and incorporating beneficial ingredients. The global shortening powder market is also influenced by evolving dietary preferences, technological advancements, and regional market dynamics, which shape the development and adoption of these products.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By End-Use
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Region
  4. Global Shortening Powder Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Convenience foods
        2. Automated baking processes
        3. Consistent product performance
      2. Restraints
        1. High production costs
        2. Limited awareness or adoption
        3. Supply chain disruptions
      3. Opportunities
        1. Growth in convenience foods
        2. Innovations in healthier formulations
        3. Expansion into emerging markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Shortening Powder Market, By Source, 2021 - 2031 (USD Million)
      1. Palm
      2. Soybean
      3. Others
    2. Global Shortening Powder Market, By End-Use, 2021 - 2031 (USD Million)
      1. Food Industry
      2. Foodservice/HoReCa (Hotels/Restaurants/Café)
      3. Household
    3. Global Shortening Powder Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Direct Sales
      2. Indirect Sales
      3. Hypermarkets/Supermarkets
      4. Wholesalers
      5. Convenience Stores
      6. Specialty Stores
      7. Online Retailers
    4. Global Shortening Powder Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Archer Daniels Midland Company
      2. Cargill, Incorporated
      3. Augason Farms
      4. The J.M. Smucker Company
      5. Honeyville, Inc.
      6. Bluegrass Dairy & Food, Inc.
      7. DairiConcepts, L.P.
  7. Analyst Views
  8. Future Outlook of the Market