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Shortenings Market to Discern Steadfast Expansion During 2030

 Shortening is considered as a vital baking ingredient, thanks to which the global market is expected to exhibit a healthy growth in the next few years. The easy availability of shortenings and the increasing popularity of a wide range of baking products are anticipated to fuel the growth of the global shortenings market in the coming years. With these factors, the global market is likely to witness healthy growth and register a progressive growth rate in the near future.

A tremendous rise in the demand for shortenings in bakery products, owing to the rising popularity of baked food products is one of the important factors expected to augment the growth of the global shortenings market in the next few years. In addition, the changing lifestyle of consumers and their rising disposable income are estimated to accelerate the growth of the overall market in the forecast period.
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The global shortenings market is highly competitive and fragmented in nature, with the presence of a large number of players. Some of the leading players operating in the shortenings market across the globe are AAK AB, Bunge Limited, Conagra Brands, Associated British Foods PLC (ABF), Cargill, Archer Daniels Midland Company, International Foodstuff Company Holdings Limited, Wilmar International Limited, Ventura Foods, LLC, and Manildra Group.
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