Margarine is a non-dairy alternative to butter that is usually made by the amalgamation of various refined vegetable oils churned with ripened skim milk. It serves as a rich source of vitamins A and E, omega-3 (EPA) fatty acids and good unsaturated fats. This, in turn, assists in reducing low-density lipoprotein (LDL), the risk of cardiovascular diseases, and maintaining good cholesterol levels. Margarine possesses a similar appearance, taste, nutritional value and consistency that of butter, due to which it is commonly used as a topping in baked goods, snacks, vegetables, crackers and bread. Apart from this, it is commercially available in cubes, tubs, sticks, liquid, spray, and block forms. Consequently, margarine finds extensive application across bakeries, confectioneries, and households.
The global margarine market is primarily being driven by the widespread product adoption in the bakery and confectionery sector of the food and beverage (F&B) industry. In line with this, margarine is widely used to add necessary volume, texture, and grain to various bakery products, such as croissants, pastries, doughnuts, cookies and puff pastry, which is supporting the market growth. Apart from this, the introduction of organic and low-calorie product variants that consist of healthier fats, such as corn, palm and olive oil due to the rising health consciousness among consumers, are providing an impetus to the market growth. The increasing demand of margarine as a popular alternative to butter can also be attributed to the increasing awareness regarding the negative impact on health associated with the consumption of unsaturated fats, which, in turn, is supporting the market growth. Other factors, including the rising prevalence of lactose-intolerance disorders, the increasing demand for clean labels and sustainable products, evolving consumer dietary habits, and widespread adoption of vegan diets, are anticipated to drive the market further toward growth.
The report provides a techno-commercial roadmap for setting up a margarine manufacturing plant. The study covers all the requisite aspects that one needs to know while making a foray into the margarine industry. This ranges from macro overview of the market to micro details of the industry performance, key success and risk factors, manufacturing requirements, project cost, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the margarine industry.
The project report covers the following aspects of the margarine market:
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Margaine Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Breakup by Segment
4.5 Market Breakup by Region
4.6 Price Trends
4.6.1 Raw Material Price Trends
4.6.2 Margaine Price Trends
4.6.3 Product Margins
4.7 Market Forecast
5 Margaine Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Project Planning and Phasing of Development
6.1.3 Environmental Impacts
6.1.4 Land Requirement and Expenditure
6.2 Plant Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements and Costs
6.3.2 Machinery Suppliers
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Procurement
6.4.3 Raw Material Expenditure
6.4.4 Raw Material Suppliers
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging Requirements and Expenditures
6.6 Transportation Requirements and Expenditures
6.7 Utilities Requirements and Expenditures
6.8 Manpower Requirements and Expenditures
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Operating Expenses
8.3 Expenditure Projections
8.4 Income Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
9 Regulatory Procedures and Approval
10 Key Success and Risk Factors
List of Figures
Figure 1: Global: Margaine Market: Major Drivers and Challenges
Figure 2: Global: Margaine Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Margaine Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Margaine Market: Breakup by Segment (in %), 2022
Figure 5: Global: Margaine Market: Breakup by Region (in %), 2022
Figure 6: Margaine Raw Materials: Price Trends, 2017 & 2022
Figure 7: Margaine: Price Trends, 2017 & 2022
Figure 8: Margaine: Margins Across Various Stages of the Supply Chain
Figure 9: Margaine Manufacturing Plant: Breakup of Costs
Figure 10: Margaine Price Structure
Figure 11: Margaine: Manufacturing Process Flow
Figure 12: Margaine: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Margaine Manufacturing Plant Layout
List of Tables
Table 1: Margaine Manufacturing Plant: Raw Material Requirements
Table 2: Margaine Manufacturing Plant: Project Planning
Table 3: Margaine Manufacturing Plant: Phasing of Development
Table 4: Margaine Manufacturing Plant: Environmental Impacts During Construction Phase
Table 5: Margaine Manufacturing Plant: Environmental Impacts During Operation Phase
Table 6: Margaine Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Margaine Manufacturing Plant: Costs Related to Machinery
Table 8: Margaine Manufacturing Plant: List of Machinery Suppliers
Table 9: Margaine Manufacturing Plant: Costs Related to Raw Materials
Table 10: Margaine Manufacturing Plant: List of Raw Material Suppliers
Table 11: Margaine Manufacturing Plant: Costs Related to Packaging
Table 12: Margaine Manufacturing Plant: Costs Related to Utilities
Table 13: Margaine Manufacturing Plant: Costs Related to Salaries and Wages
Table 14: Margaine Manufacturing Plant: Capital Costs
Table 15: Margaine Manufacturing Plant: Operating Costs
Table 16: Margaine Manufacturing Plant: Taxation
Table 17: Margaine Manufacturing Plant: Depreciation
Table 18: Margaine Manufacturing Plant: Income Projections
Table 19: Margaine Manufacturing Plant: Expenditure Projections
Table 20: Margaine Manufacturing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Margaine Manufacturing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Margaine Manufacturing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Margaine Manufacturing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Margaine Manufacturing Plant: Profit and Loss Account
Table 25: Margaine Manufacturing Plant: Discount Factor Rate
Table 26: Margaine Manufacturing Plant: Sensitivity Analysis
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