Lard is a semi-solid white fat product obtained by rendering the fatty tissue of the pig. It is distinguished from tallow, a similar product derived from the fat of cattle or sheep. Lard can be rendered by steaming, boiling, or dry heat. The culinary features of lard vary slightly depending on the origin and processing method. If properly rendered, it may be nearly odorless and tasteless. At retail, refined lard is usually sold as paper-wrapped blocks. It is an element in various savory dishes such as sausages, pates, and fillings. As a replacement for butter, it provides flakiness to pastry. In western cuisine, it has ceded its popularity to vegetable oils, but many cooks and bakers still favor it over other fats for certain uses. These factors are driving the global lard market.
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Lard varies with the production method and the fat-bearing animal parts used. Steam or wet rendered lard is made by adding steam under pressure into a closed vessel containing swine fats. Open kettle rendered or enclosed system rendered lards, which are darker in color, are made by melting hog fats in steam-jacketed vessels, the residue is called cracklings. It has a high saturated fatty acid content and no trans-fat. At retail, refined lard is usually sold as paper-wrapped blocks. Moreover, Lard is used in many cuisines as a cooking fat and shortening, or as a spread as an alternative to butter. The lard market is expected to grow also due to its use as an ingredient in various savory dishes such as sausages, pates, and fillings.
The report is a result of thorough secondary research as well as interviews with industry experts. Therefore, numbers are as close to accurate as they get and the information accessible in the report on the lard market is easy to comprehend. Industry Probe analysts have included some of the major players operating in the lard market along with information about revenue, strengths, opportunities, segmentation, competitive landscape, and regional presence of the market players.
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