Top 9 Bakery Fats Manufacturers in the World

Top 9 Bakery Fats Manufacturers in the World

The global bakery fats market is expected to reach a CAGR of 4.28% during 2024-2032. As per the analysis by IMARC Group, the top bakery fats companies are developing high-quality bakery products using premium ingredients due to the shift towards baked goods and growing health-consciousness among individuals. Along with this, the escalating number of fast-food chains, cafes, and restaurants is leading to increasing demand for baked goods, is encouraging leading players to produce on a large scale with consistent quality and taste in order to gain a competitive edge. Since bakery fats are considered essential ingredients in the preparation of baked foods, is encouraging key players to leverage this opportunity and target food service companies, which is propelling the market. In addition, the rising demand for convenient food options, such as frozen and pre-packaged baked goods, which require the use of high-quality bakery fats to maintain their texture and flavor is also contributing to the demand. Apart from this, emerging veganism and continual improvements in the e-commerce sector are providing a lucrative opportunity for bakery fats companies. Moreover, the development of high-quality plant-based bakery fats on account of the growing preference for sustainable food options is creating a positive market outlook. Some of the other factors driving the market include changing dietary patterns of the masses and the advent of home delivery models.

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List of Top Companies and Manufacturers Operating in the Bakery Fats Industry Worldwide

The global bakery fats market has several major players including AAK (UK) Limited, Cargill, ConAgra, CSM Bakery Solutions, Fuji Oil Co. Ltd., Goodman Fielder, Premium Vegetable Oils SDN BHD, Unilever, and Wilmar International. More information about these companies has been provided below.

1. AAK (UK) Limited

Establishment: 1982
Headquarters: Hull, United Kingdom

AAK (UK) Limited is a subsidiary of AAK AB, a leading provider of vegetable oils and fats, operating in numerous countries around the world. It specializes in the production and supply of high-quality vegetable oils and fats to various industries, including food and beverage, personal care, and animal feed. The company's product portfolio includes products, such as chocolate and confectionery fats, bakery fats, frying oils, specialty fats, and shea butter. The company's manufacturing facilities are equipped with state-of-the-art technology, and they have a commitment to sustainable production. It uses sustainable raw materials, such as palm oil, shea nuts, and coconut oil, which are responsibly sourced from certified suppliers. It also has a rigorous quality control process to ensure the consistent quality of its products. In addition to its commitment to sustainable production, it also places a strong emphasis on social responsibility..

2. Cargill

Establishment: 1865
Headquarters: Minnesota, United States


Cargill is a multinational food and agricultural company and is one of the world's largest suppliers of food, agriculture, and industrial products. It is a leading supplier of high-quality fats and oils for baked goods. It offers a wide range of bakery fats that are specifically designed to meet the unique needs of the masses. It includes cake and icing shortening, donut shortening, bread shortening, margarine, and butter blends. The company's bakery fats are formulated to provide consistent quality, functionality, and performance to help bakers create delicious and appealing baked goods. Additionally, its bakery fats are produced from a variety of ingredients, including palm oil, soybean oil, sunflower oil, and canola oil. The company is committed to the sustainable sourcing of raw materials has a strong emphasis on innovation and product development.

3. ConAgra

Establishment: 1919
Headquarters: Illinois, United States


ConAgra Brands is a leading food supplier of a wide range of fats and oils that are specifically formulated for the baking industry. Its bakery fats product line includes shortening, margarine, and oils that are used in a variety of baked goods, including bread, cakes, pastries, and cookies. It provides functionality, performance, and consistent quality to help bakers create delicious and appealing baked goods. Additionally, it is committed to sustainability and responsible sourcing of raw materials. In addition to its business operations, it is also committed to social responsibility and sustainability. The company has set ambitious goals to reduce its environmental footprint and increase the sustainability of its products and packaging. It is also committed to supporting local communities and has made significant donations to hunger relief organizations.

4. CSM Bakery Solutions

Establishment: 2004
Headquarters: Georgia, United States


CSM Bakery Solutions is a global bakery company that provides a wide range of bakery ingredients, products, and services to retail and food service customers. It has grown to become one of the world's leading suppliers of bakery products, with a presence in several countries around the world. The company's product portfolio includes a broad range of bakery ingredients such as sweeteners, flavors, and emulsifiers, as well as finished bakery products, such as cakes, croissants, and bread. It also provides a range of services to its customers, including technical support and product development. In addition to its own brands, it also supplies private-label bakery products to retailers and food service customers. Its customers include some of the world's largest food and beverage companies, as well as local bakeries and cafes. The company is committed to reducing its environmental impact by minimizing waste and energy use, and it works closely with its suppliers to ensure that raw materials are sustainably sourced.

5. Fuji Oil Co. Ltd.

Establishment: 1950
Headquarters: Osaka, Japan


Fuji Oil Co. Ltd. is a Japanese company engaged in the manufacture and sale of food ingredients, oils and fats, and soy-based products. It operates in four main business segments, such as oils and fats, processed food products, confectionery and bakery ingredients, and soy-based products. In the oils and fats segment, the company produces a wide range of vegetable oils, including palm oil, soybean oil, rapeseed oil, sunflower oil, and corn oil. These oils are used in various applications, such as frying, baking, and cooking. It also produces specialty fats, such as margarine, shortening, and creaming fats, which are used in the food industry to improve the texture and flavor of products. The processed food products segment is focused on the production of processed foods such as processed meat, sauces, and dressings. In the confectionery and bakery ingredients segment, it produces a wide range of ingredients used in the production of confectionery and bakery products, such as chocolate, cream, and fillings.

6. Goodman Fielder

Establishment: 1950
Headquarters: Osaka, Japan


Goodman Fielder is a leading food company that has a diverse portfolio of iconic brands, including Meadow Lea, White Wings, Helga's, Vogel's, and Praise. Goodman Fielder's products are sold in supermarkets, grocery stores, and food service outlets across Australia, New Zealand, and Asia. It produces a wide range of food products, including bread, baked goods, dairy products, oils, spreads, and condiments. It produces a variety of bread, including wholemeal, white, sourdough, and gluten-free options. Its baked goods include cakes, muffins, and slices sold under the White Wings brand. Additionally, it is committed to sustainability and has set several targets to reduce its environmental impact. It also aims to reduce its water consumption and waste generation and has implemented several programs to improve its waste management practices. The company supports several community initiatives, including food donation programs and partnerships with local organizations to provide food assistance to those in need.

7. Premium Vegetable Oils Sdn Bhd

Establishment: 1978
Headquarters: Johor, Malaysia


Premium Vegetable Oils Sdn Bhd is a Malaysian company that specializes in the manufacturing and distribution of high-quality vegetable oils. It has grown to become one of the leading players in the vegetable oil industry, with a reputation for producing products of the highest quality. The company's manufacturing facilities are equipped with state-of-the-art production technology. It produces a wide range of vegetable oils, including palm oil, palm kernel oil, sunflower oil, corn oil, and soybean oil, among others. These oils are used in a variety of applications, including cooking, baking, and frying, as well as in the production of cosmetics, soaps, and detergents. It is committed to sustainability and promotes the production and use of sustainable palm oil. The company is also committed to environmental protection and has implemented a number of initiatives to minimize its environmental impact.

8. Unilever

Establishment: 1929
Headquarters: London, United Kingdom


Unilever is a consumer goods company that is one of the largest consumer goods companies in the world, with a portfolio of over 400 brands that are sold in numerous countries. The company's portfolio of bakery fat brands includes a range of products that are designed to meet the needs of bakers and food manufacturers. One of Unilever's main strengths in the bakery fats sector is its focus on innovation. The company invests heavily in research and development to create new products that meet the changing needs of customers. In addition to innovation, it also places a strong emphasis on sustainability in its bakery fats business. Its portfolio of brands is well-respected in the industry, and it has a strong track record of meeting the needs of customers in this highly competitive sector.

9. Wilmar International

Establishment: 1991
Headquarters: Singapore, Singapore


Wilmar International is a Singaporean agribusiness company that is one of the largest palm oil producers in the world and is involved in a range of other agribusiness activities, including soybean processing, sugar refining, and edible oils. The company's operations are organized into four main business segments: tropical oils, oilseeds, grains, sugar, and others. The tropical oils segment is the largest and includes palm oil and palm kernel oil production. One of its main strengths is its integrated business model, which allows the company to control every stage of the supply chain from sourcing to processing and distribution. This approach has helped the company to reduce costs and increase efficiency, which, in turn, has helped to drive growth and profitability. The company is committed to ensuring that its operations are environmentally responsible and socially sustainable.

About Author:

Aditi Kumar 

Senior Content Writer at IMARC Services Private Limited

Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels.

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