QYR Market Research Global Margarine market research | Page 5

QYResearch
The major raw material for margarine is soybean oil, corn oil and
palm oil, etc. On the global market, supply of raw materials is
sufficient. But the proportion of raw material costs reached 84%.
Fluctuations in the price of the upstream product will impact on the
production cost of margarine industry.
We think that with the change of people's life concept. Demand in
the United States and other places in Europe will continue to decline.
However, China, India, and Japan still have a lot of market potential.