The Global Protein Based Fat Replacers Market Report is a compilation of comprehensive research studies of various aspects of the Protein Based Fat Replacers Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Protein Based Fat Replacers market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Protein Based Fat Replacers market and how they will evolve in the years to come.
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In terms of revenue, global protein based fat replacers market was valued at US$ 629.34 Mn in 2021 growing at a CAGR of 9.21% over the forecast period (2022 – 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.. ADM, Ashland, Axiom Foods, Burcon, Calpro Specialities, Cargill Incorporated, CP Kelco U.S., DSM, Glanbia plc, GLICO NUTRITION CO., LTD., Ingredion, International Flavors & Fragrances, Kerry, Nestlé, NOW Health Group, Roquette Frères, Other Market Participants.
Several socioeconomic variables, particularly the rapid pace of urbanisation and changing food patterns, are driving up demand for protein based fat replacers market. Changing protein consumption trends, particularly in low- and middle-income nations, have benefited protein ingredient makers. Market companies are developing new products and utilising cutting-edge isolating technologies in response to increased global demand for protein components. Advances in protein isolating and membrane technologies have spawned a slew of new product categories that continue to grow the interest of end-user companies. Moreover in the last few years the demand for the popularity of plant-based proteins is growing, prompting supermarket producers and merchants to react swiftly to satisfy consumer demand for innovative and protein based foods. Furthermore, the Gen Z and millennials are opting for plant based protein food products because of health concerns, poor working conditions and mistreatment on factory farms. Along with it the carbon and environmental imprint of meat has led to an increased demand for protein based fat replacers market globally.
The covid-19 pandemic has boosted overall protein consumption, but the shift to plant-based protein consumption has increased at a considerably faster rate. According to various research studies, a large population during the pandemic turned towards plant based protein fat replacers due to an increased preferences towards food products associated with wellness, health, ethics and sustainability. Moreover doctors and physicians have claimed that protein intake is linked to lower morbidity and mortality during both the acute and post-acute phases of illness of Covid-19, which has led to a rising demand for protein based fat replacers market.
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Global Protein Based Fat Replacers Market
By Source
- Plant based
- Soy Protein
- Wheat Protein
- Potato Protein
- Pea Protein
- Others
- Animal based
- Whey Protein
- Meat Protein
- Dairy Protein
- Others
By Form
- Liquid
- Powder
By Application
- Bakery products
- Dairy products
- Snacks and cereals
- Processed meat
- Beverages
- Supplements
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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