Global Dairy Free Shortening Market Size To Exceed USD 49.68 Billion By 2035 | CAGR Of 6.80%

Global Dairy Free Shortening Market Size To Exceed USD 49.68 Billion By 2035

According to a research report published by Spherical Insights & Consulting, The Global Dairy Free Shortening Market Size is expected to Grow from USD 24.10 Billion in 2024 to USD 49.68 Billion by 2035, at a CAGR of 6.80% during the forecast period 2025-2035.

Browse key industry insights spread across 240 pages with 110 Market data tables and figures & charts from the report on the “Global Dairy Free Shortening Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Beverages, Milk, Dairy-free Kefir, and Bakery Products), By Application (Household and Commercial), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/dairy-free-shortening-market

The dairy free shortening market refers to the worldwide industry that produces, sells, and distributes shortening goods that are completely free of dairy components. Usually made from plant-based oils, including palm, coconut, and vegetable oils, these shortenings provide a cholesterol-free, allergy-friendly substitute for conventional dairy-based fats. Due to rising consumer demand for vegan, lactose-free, and health-conscious food options, the industry supports a number of industries, including baking, confectionery, and food processing. The market growth is driven by the rising awareness of health concerns and lactose intolerance. As consumers grow more aware of the detrimental effects of cholesterol on heart health, they prefer plant-based fats that offer a cholesterol-free alternative. Because lactose intolerance and dairy allergies are becoming more common, there is a strong demand for products devoid of allergens. Food manufacturers appreciate dairy-free shortenings because of their stability and long shelf life, which goes well with the trends toward clear labeling and transparency. Growing accessibility through retail and online platforms contributes to the industry's growth. However, the market growth is hindered by consumer concerns over taste and texture, as well as price fluctuations in plant-based raw materials affecting supply and affordability.

The bakery product segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the product type, the dairy free shortening market is classified into beverages, milk, dairy-free kefir, and bakery products. Among these, the bakery product segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth can be attributed to their vital role in enhancing texture, moisture content, and shelf life. As demand for vegan and allergy-friendly baked goods continues to rise, manufacturers are embracing these plant-based alternatives. This trend contributes to the growth of healthier, plant-based bread products.  Compared to other categories, bakery goods continue to be the main driver of the dairy-free shortening industry.

The household segment accounted for the largest share in 2024 and is estimated to grow at a remarkable CAGR during the forecast period.

Based on the application, the dairy free shortening market is categorized into household and commercial. Among these, the household segment accounted for the largest share in 2024 and is estimated to grow at a remarkable CAGR during the forecast period. The segmental growth can be attributed to the household market growth as more individuals explore dairy-free baking and cooking options and transition to plant-based diets. Dairy-free shortenings are popular in modern kitchens because of their versatility and ease of use.

North America is expected to hold the majority share of the global dairy free shortening market during the forecast period.

North America is expected to hold the majority share of the global dairy free shortening market during the forecast period. This is attributed to the region’s growing prevalence of lactose intolerance and the notable shift in consumer tastes toward plant-based diets. The U.S. market is being driven by rising customer demand for vegan and allergy-free products as well as growing health consciousness. Health-conscious consumers and Canada's booming food processing industry also contribute to regional prosperity.  Collectively, these factors strengthen North America's market leadership.

Asia Pacific is anticipated to grow at the fastest pace in the global dairy free shortening market during the forecast period. This is attributed to the increasing number of vegans and lactose-intolerant people, urbanization, and health consciousness. The adoption of Western eating patterns and growing disposable incomes are also driving up demand for plant-based and dairy-free products. Developing food processing industries and expanding retail channels in countries like China, India, and Japan are driving market expansion in this area.

Major vendors in the global dairy free shortening market are Nutiva Inc., Groupe Danone, Bunge Limited, Cargill, Incorporated, AarhusKarlshamn AB (AAK), Archer Daniels Midland Company, Manildra Group, AAK AB, Mewah Group, Wilmar International Limited, NMGK Group, IOI Group, Fuji Oil Holdings Inc., IFFCO Group, Sime Darby Plantation Berhad, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In June 2022, Danone is introducing the Dairy and Plants Blend, the first baby formula that combines important dairy components with 60% plant-based protein derived primarily from high-quality, non-GMO soybeans. Designed for vegetarian and flexitarian parents, it promotes healthy baby growth while supporting plant-based eating habits.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the dairy free shortening market based on the below-mentioned segments:

Global Dairy Free Shortening Market, By Product Type

• Beverages
• Milk
• Dairy-free Kefir
• Bakery Products

Global Dairy Free Shortening Market, By Application

• Household
• Commercial

Global Dairy Free Shortening Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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