02-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Vegetable Fats Pastry Sheets Market: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global vegetable fats pastry sheets market in 2019 was approximately USD 1.2 Billion. The market is expected to grow at a CAGR of 4.7% and is anticipated to reach around USD 1.7 Billion by 2026.
Vegetable Fats Pastry Sheets or Margarine sheets are used to produce laminated dough, such as puff pastry dough and croissant dough. Danishes, sticky buns, palmier cookies, and kouignamann are the pastries that are also made with laminated dough. Sheets of margarine make the process of making laminated dough easy.
Browse the full “Vegetable Fats Pastry Sheets Market: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/vegetable-fats-pastry-sheets-market-global-industry-outlook-568
Growing global working women population is anticipated to drive the global vegetable fats pastry market. Today due to the implementation of new initiatives and programs more women are employed. Due to this, the time spent by a woman on household chores and activities has been decreased drastically. Hence, quick preparation food alternatives have gained popularity in the working women population wherein the time required to prepare food is decreased considerably. The growing popularity of vegan food is also one of the driving factors for the global vegetable fats pastry sheet market. The growing popularity of vegan food and increasing consumption of vegan food is anticipated to drive the market. Vegetable fats pasty sheet being a vegan food is preferred by vegan food consumers.
Preference of butter pastry sheets over vegetable fats pastry sheets is one of the factors that is expected to hinder the vegetable fats pastry sheet market. High-quality pastry products are delivered with the use of butter pastry sheets as compared to vegetable fats pastry sheets. However, increased health awareness likely to shift consumers to vegetable fats pastry sheets. Vegetable fats pastry sheets are always on the healthier side than the butter sheets. Vegetable fats pastry sheets are made from vegetable oil, which contains unsaturated fats. It contains polyunsaturated and monounsaturated fats which, when substituted for saturated fat, help to reduce low-density lipoprotein (LDL), or bad cholesterol.
Europe had dominance in vegetable fats pastry sheets market in 2018 and is expected to dominate the market in the upcoming years. Europe was followed by the Asia Pacific region in terms of market share in 2018. Margarine products are widely used in Europe due to the growing pastry industry in Europe. Vegetable fats pastry sheets make pastry baking easy and are widely used for the preparation of laminated doughs by bakeries. The lifestyle of developed and developing nations is changing rapidly and shifting towards healthy living. Margarine products provide a healthy alternative to butter products. Hence margarine sheets have gained popularity in the pastry industry in regions with developed and developing nations such as Europe and the Asia Pacific.
The key players of vegetable fats pastry sheets market are ADEKA, Puratos, Fuji Oil Asia, Vandemoortele, Pepperidge Farm, Waitrose & Partners, Kawan Food Manufacturing and others.
This report segments the vegetable fats pastry sheets market as follows:
Global Vegetable Fats Pastry Sheets Market: Regional Segmentation Analysis
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