| Product Code: ETC6171963 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for vegetable shortening witnessed a significant decline from 2023 to 2024, with a growth rate of -86.96%. Despite this, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 31.61%. This sharp contraction in imports may be attributed to shifts in consumer preferences, changes in trade policies, or market dynamics impacting demand and supply forces.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Vegetable Shortening Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Vegetable Shortening Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Vegetable Shortening Market - Industry Life Cycle |
3.4 Armenia Vegetable Shortening Market - Porter's Five Forces |
3.5 Armenia Vegetable Shortening Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Armenia Vegetable Shortening Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Vegetable Shortening Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of vegetable shortening |
4.2.2 Growing demand for convenience foods and baked goods in Armenia |
4.2.3 Expansion of the food processing industry in the country |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as vegetable oils |
4.3.2 Regulatory challenges and changing food safety standards |
4.3.3 Competition from alternative products like butter and margarine |
5 Armenia Vegetable Shortening Market Trends |
6 Armenia Vegetable Shortening Market, By Types |
6.1 Armenia Vegetable Shortening Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Armenia Vegetable Shortening Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Armenia Vegetable Shortening Market Revenues & Volume, By Dry, 2021- 2031F |
6.1.4 Armenia Vegetable Shortening Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Armenia Vegetable Shortening Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Vegetable Shortening Market Revenues & Volume, By Bakery and Confectionery, 2021- 2031F |
6.2.3 Armenia Vegetable Shortening Market Revenues & Volume, By Sweet and Savory Snacks, 2021- 2031F |
6.2.4 Armenia Vegetable Shortening Market Revenues & Volume, By Others, 2021- 2031F |
7 Armenia Vegetable Shortening Market Import-Export Trade Statistics |
7.1 Armenia Vegetable Shortening Market Export to Major Countries |
7.2 Armenia Vegetable Shortening Market Imports from Major Countries |
8 Armenia Vegetable Shortening Market Key Performance Indicators |
8.1 Consumer perception and adoption rate of vegetable shortening in cooking and baking |
8.2 Growth in the number of food processing companies using vegetable shortening in their products |
8.3 Trends in per capita consumption of vegetable shortening in Armenia |
9 Armenia Vegetable Shortening Market - Opportunity Assessment |
9.1 Armenia Vegetable Shortening Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Armenia Vegetable Shortening Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Vegetable Shortening Market - Competitive Landscape |
10.1 Armenia Vegetable Shortening Market Revenue Share, By Companies, 2024 |
10.2 Armenia Vegetable Shortening Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |