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Fat Replacers Market Current Scenario Strategy 2019 | Size, Value Share, Emerging Trend, Key Players Demand, Business Statistics by Forecast to 2023

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Fat Replacers Market Current Scenario Strategy 2019 | Size, Value Share, Emerging Trend, Key Players Demand, Business Statistics by Forecast to 2023

April 20
21:29 2020
Fat-Replacers Market Global Information by Type (Protein, Carbohydrate, Lipid and others), Source (Plants, Animals and others), Form (Powder, Liquid and others), Application (Dairy and Frozen Desserts, Bakery and Confectionary, Snacks, Beverages and others) and Region – Forecast till 2023

Market Overview

Fat replacers are alternatives for fat. They have similar chemical and physical properties as regular fat. These contain less calories and are extremely stable in nature. Fat replacer can be precisely defined as a component of food that looks and tastes like natural fat although contain fewer calories. They come with no health risks. Fat replacers are present in ample quantities in cheeses, baked foods, yogurt, salad dressings, sour cream, margarine, gravies, and sauces. People suffering from obesity, high blood cholesterol, hypertension, and other heart ailments, are increasing rapidly around the world. The source of all these diseases mostly lies in the high consumption of fat and it has gradually become a grave concern among the global population. Furthermore, growing demand for innovative food ingredients and low-calorie food has been projected to propel the growth of fat-replacers market during the forecast period. Additionally, increasing health conscious populace and their cognizance towards heart health is accelerating the market of fat-replacers.

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Key Players

The global Fat Replacer Market has been dominated by key players such as

  • Ashland Global Holdings Inc. (U.S.),
  • FMC Corporation (U.S.),
  • Pfizer Inc. (U.S.),
  • Archer-Daniels-Midland Company (U.S.),
  • Cargill Inc. (U.S.),
  • E. I. du Pont de Nemours and Company (U.S.)
  • Kerry Group plc. (Ireland)

Market Segmentation

Global fat replacer market has been segmented based on the source, form, application, and type. Based on source, the fat-replacers market has been segmented into animals, plants, and others. The plant source segment is currently leading the market on account of the high availability of plant proteins. Animal protein being a costly source tends to limit its application in food and beverages.

Based on form, fat-replacers market has been segmented into liquids, powder, and others. The powder form is leading the segment due to its easy maintenance and use. Based on application, the fat-replacers market has been segmented into bakery & confectionary, dairy & frozen desserts, beverages, snacks, and others. Out of other applications, bakery & confectionary is ruling the market owing to soaring health consciousness pertaining to good fats in the populace. Nevertheless, the demand for dairy & frozen desserts has been likely to witness a surging demand due to health benefits related with the intake of food products made from low calorie fat-replacers. Based on type, the fat replacer market has been segmented into lipid, carbohydrate, protein, and others. Carbohydrate holds major share in the global fat replacer market followed by proteins. The key reason for the high demand of carbohydrates is their widespread use in dairy items and frozen desserts. Protein rich fat replacers can be expected to rise owing to its heat resistant attributes which is broadly used in dairy items and frozen desserts.

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Regional Analysis

The worldwide fat-replacers market has been segmented into Asia Pacific, Europe, North America, and rest of the world (RoW). North America has been leading the global fat replacers market followed by Asia Pacific. The United States represent a high consumption of fat-replacers in dairy made food items and confectioneries on account of the soaring cognizance about the advantages of consuming low-fat diet. Additionally, high demand for low-calorie and low-fat convenience food in food & beverages industry is a significant factor in propelling the global fat replacer market. Besides, surging consumer responsiveness and increasing need for an alternative of regular fat has driven the demand for fat-replacers in markets of China and India. This is likely to stimulate the fat-replacer market over the forecast period. Furthermore, the regulatory authorities such as Food and Agriculture Organization are increasingly approving the usage of fat-replacers in edible items. This step is expected to have a positive influence on the global fat replacer market.

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