| Product Code: ETC5814268 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Lithuania`s import of shortenings in 2024 saw significant contributions from top exporters like Germany, Latvia, and Sweden, reflecting a diverse sourcing strategy. However, the high Herfindahl-Hirschman Index (HHI) indicates a market concentration among these suppliers. The impressive Compound Annual Growth Rate (CAGR) of 9.01% from 2020 to 2024 underlines a steady expansion in the market. Despite a slight decline in growth rate from 2023 to 2024, the overall trend suggests a healthy demand for shortenings in Lithuania.

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 Lithuania Shortenings Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Shortenings Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Shortenings Market - Industry Life Cycle |
3.4 Lithuania Shortenings Market - Porter's Five Forces |
3.5 Lithuania Shortenings Market Revenues & Volume Share, By Key Ingredient, 2021 & 2031F |
3.6 Lithuania Shortenings Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Lithuania Shortenings Market Revenues & Volume Share, By Variant, 2021 & 2031F |
4 Lithuania Shortenings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience foods due to changing lifestyles and busy schedules |
4.2.2 Growth in the bakery and confectionery industry leading to higher usage of shortenings |
4.2.3 Rising disposable income and changing consumer preferences towards premium quality products |
4.3 Market Restraints |
4.3.1 Health concerns related to consumption of products containing trans fats |
4.3.2 Fluctuating prices of raw materials such as vegetable oils impacting production costs |
4.3.3 Stringent regulations and standards related to food safety and labeling |
5 Lithuania Shortenings Market Trends |
6 Lithuania Shortenings Market Segmentations |
6.1 Lithuania Shortenings Market, By Key Ingredient |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Shortenings Market Revenues & Volume, By Oil, 2021-2031F |
6.1.3 Lithuania Shortenings Market Revenues & Volume, By Butter, 2021-2031F |
6.1.4 Lithuania Shortenings Market Revenues & Volume, By Lard, 2021-2031F |
6.1.5 Lithuania Shortenings Market Revenues & Volume, By Tallow, 2021-2031F |
6.2 Lithuania Shortenings Market, By Source |
6.2.1 Overview and Analysis | 6.2.2 Lithuania Shortenings Market Revenues & Volume, By Vegetable, 2021-2031F |
6.2.3 Lithuania Shortenings Market Revenues & Volume, By Animal, 2021-2031F |
6.3 Lithuania Shortenings Market, By Variant |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Shortenings Market Revenues & Volume, By Solid, 2021-2031F |
6.3.3 Lithuania Shortenings Market Revenues & Volume, By Liquid, 2021-2031F |
6.3.4 Lithuania Shortenings Market Revenues & Volume, By All-purpose, 2021-2031F |
6.3.5 Lithuania Shortenings Market Revenues & Volume, By Cake/Icing, 2021-2031F |
7 Lithuania Shortenings Market Import-Export Trade Statistics |
7.1 Lithuania Shortenings Market Export to Major Countries |
7.2 Lithuania Shortenings Market Imports from Major Countries |
8 Lithuania Shortenings Market Key Performance Indicators |
8.1 Average selling price of shortenings in the market |
8.2 Number of product innovations and new product launches in the shortenings segment |
8.3 Consumer feedback and satisfaction ratings on the quality and taste of shortenings |
8.4 Market penetration of premium shortenings brands in Lithuania |
8.5 Sustainability initiatives adopted by key players in the shortenings market |
9 Lithuania Shortenings Market - Opportunity Assessment |
9.1 Lithuania Shortenings Market Opportunity Assessment, By Key Ingredient, 2021 & 2031F |
9.2 Lithuania Shortenings Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Lithuania Shortenings Market Opportunity Assessment, By Variant, 2021 & 2031F |
10 Lithuania Shortenings Market - Competitive Landscape |
10.1 Lithuania Shortenings Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Shortenings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |