Market Overview
Fat replacers are low-calorie and low-fat alternatives of conventional fat which comprises of fat made from proteins, carbohydrates, lipids and other sources. Fat replacers have similar physical and chemical properties as compared to the conventional fat and are highly stable in nature.
Fat replacers have a wide range product applicability which includes dairy and frozen desserts, bakery and confectionary, snacks, beverages and others. Commonly available fat-replacers in the market come in the form of powders, liquids, and others.
Furthermore, growing health conscious population and their awareness towards heart health is boosting the market of fat-replacers. Moreover, inclination of consumers towards the consumption of healthy diet is adding fuel to the growth of the fat-replacers market.
However, the toxicity caused due excessive consumption of fat-replacers and their potential threat to the health may hinder the market growth over the forecast period.
Competitive Landscape
The major players in fat-replacers market
- FMC Corporation (U.S.)
- Ashland Global Holdings Inc. (U.S.)
- Cargill Inc. (U.S.)
- Archer-Daniels-Midland Company (U.S.)
- Kerry Group plc. (Ireland)
- I. du Pont de Nemours and Company (U.S.)
- Pfizer Inc. (U.S.)
Market Segmentation
The report for global fat replacers market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the various segments and regions of the market.
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Regional Analysis
The global fat-replacers market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the global fat-replacers market followed by Asia Pacific. The U.S. has been accounted for a higher consumption of fat replacers in confectioneries and dairy food owing to increase in the awareness about the benefits of consuming low-fat diet.
Moreover, increasing consumer awareness and growing demand for low-calorie and low-fat convenience food in food & beverages industry has raised the demand for fat-replacers in Asia Pacific countries like India and China which is expected to uplift the growth of the fat-replacers market during the review period. Furthermore, the approval for use of fat-replacers in edible products from regulatory authorities such as food and agriculture organization (FAO) is anticipated to uplift the growth of the fat-replacers market.
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