Tridge summary
The global margarine market is projected to grow from $19.6 billion in 2020 to $22.6 billion by 2025, with an increase in exports from 4.4 million tons worth $5.7 billion to potentially 300 thousand tons worth $360-380 million. Indonesia, the Netherlands, and Belgium are the largest suppliers, with Russia experiencing a growth in exports to $229 million, ranking 8th globally. This analysis, as provided by the Federal Center "Agroexport" and the Russian Fat and Oil Union, covers the state of the global and Russian margarine markets, international trade, and pricing.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In most countries of the world, margarine is a cheaper alternative to butter and is widely used in the production of confectionery and baked goods, sauces, snacks and convenience foods. In 2020, the global margarine market was estimated at $ 19.6 billion.By 2025, the figure is projected to grow to $ 22.6 billion. Last year, 4.4 million tons of margarine worth $ 5.7 billion were exported worldwide. The largest suppliers were Indonesia, the Netherlands and Belgium. Russian exports in 2020 increased to $ 229 million, which corresponds to the 8th place in the rating of world exporters. According to the Federal Center "Agroexport", in the future, Russian exports of margarine may reach 300 thousand tons (360-380 million dollars). The review includes: analysis of the world margarine market; international trade and ...
Source: Aemcx
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