Fat Replacers Market Share, Top Competitor, Regional Portfolio, and Forecast 2030
Fat replacers Market Overview
The global fat replacers market is set to experience robust
growth over the forecast period from 2022 to 2030, according to the latest
market research report from Market Research Future (MRFR). The global fat
replacers market is likely to be driven by the growing awareness about the role
of fats in increasing the risk of cardiovascular diseases. The report analyses
the global fat replacers market’s historical growth trajectory and future
growth prospects on the basis of the growth patterns exhibited by the market
over the course of its development. The leading players operating in the global
fat replacers market are also profiled in the report to provide readers with a
comprehensive understanding of the market’s competitive landscape.
Fat replacers are made from carbohydrates, starches,
proteins, lipids, and other sources and are used in order to reduce the
glycemic load of the food. High fat content in food has been linked to several
cardiovascular diseases and is thus best avoided by patients at risk of heart
disease. The growing prevalence of diseases such as hypertension is likely to
be a major driver for the global fat
replacers market share over the forecast period. Dietary consumption of fat
is a major culprit in the development of fat-related diseases and is thus a
major point being targeted by individuals at risk of the disease as well as
doctors and healthcare agencies. The growing global fat replacers market is
likely to be driven by the growing awareness about cardiovascular diseases and
the role played by fats in their development.
The rising demand for low-calorie and low-fat food from
healthy demographics is also likely to be a major driver for the global fat
replacers market over the forecast period. Many consumers around the world have
started adopting healthy eating practices to protect themselves from the
lifestyle factors corroding the modern Western life, which is likely to drive
the demand for fat replacers over the forecast period. The growing geriatric
demographic is also likely to be a major driver for the fat replacers market
over the forecast period, as the geriatric demographic is more at risk from
cardiovascular diseases and is thus keen to prevent the same.
Competitive Analysis:
Leading players in the global fat replacers market include
FMC Corporation, Cargill Inc., Kerry Group plc, Pfizer Inc., E. I. du Pont de
Nemours and Company, Archer Daniels Midland Company, and Ashland Global
Holdings Inc.
Segmentation:
The global fat replacers market overview is segmented on the
basis of type, source, form, application, and region.
By type, the global fat
replacers market research is segmented into carbohydrate, protein, lipid,
and others. Carbohydrates hold the major share in the global fat replacers
market due to their widespread use in frozen desserts and dairy products.
By source, the global fat replacers market is segmented into
plants, animals, and others. The high availability of plant protein has led to
the segment holding a dominant share in the global fat replacers market.
By form, the global fat replacers market is segmented into
powders, liquids, and others. Powder form is likely to dominate the global fat
replacers market over the forecast period due to the ease of storing,
maintaining, and using powders.
By application, the global fat replacers market is segmented
into bakery and confectionery products, dairy and frozen desserts, beverages,
snacks, and others. Bakery and confectionery products dominate the global fat
replacers market; however, they are likely to be overtaken by the dairy and
frozen desserts segments over the forecast period due to the growing demand for
low-fat and low-calorie dairy products and frozen desserts.
Regional Analysis:
The global fat replacers market size is segmented into North
America, Europe, Asia Pacific, and rest of the world by region. North America
is the dominant regional segment in the global fat replacers market trends, followed
by Asia Pacific. The growing demand for comfort foods such as frozen desserts,
bakery products, and confectioneries in the U.S. is a major driver for the
global fat replacers market share. The strong presence of several industry
players in North America has also led to the easy availability of a wide
variety of fat replacers, which has intensified competition in the region by
providing consumers with a choice.
Industry Updates:
In November 2022, Ulrick & Short came up with a new fat
replacer made from, and declarable as, wheat flour. The new ingredient cuts the
overall amount of fats in frozen desserts and baked products by up to 25%.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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