The Shortening Market is projected to see a growth of USD 1.24 billion at a CAGR of 4.93% from 2022 to 2027, fueled by the demand for bakery products. Evolving consumer preferences, lifestyle changes, and economic conditions are key factors driving the demand for bakery items. Shortening’s high melting point and low moisture content make it ideal for achieving tender textures and longer shelf life in baked goods. The preference for convenient snack foods is expected to further enhance market growth.