According to the latest report by IMARC Group, titled “Fat Replacers Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global fat replacers market reached a value of US$ 2.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2027, exhibiting at a CAGR of 4% during 2022-2027. Fat replacers, or fat substitutes, refer to nonfat substances that mimic and replace fat in various food products. They are produced from starchy foods or by modifying protein or by replacing triglycerides in vegetable oils. Characterized by a taste and texture similar to natural fats, fat replacers have fewer calories and are widely used in numerous items, such as cheese, processed meats, baked goods, frozen desserts, yogurt and ready-to-eat (RTE) foods.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Fat Replacers Market Trends:
The global fat replacers market is primarily driven by the growing demand for low-calorie foods and the increasing adoption of weight-loss strategies. Additionally, the rising health concerns among individuals due to the widespread prevalence of chronic diseases like obesity have escalated the product demand. Furthermore, since fat replacers aid in weight loss and reduce the risk of cardiovascular diseases and type 2 diabetes, they are gaining traction among health-conscious consumers. Other factors, including the increasing awareness regarding the health benefits of fat replacers, changing dietary patterns and improving lifestyles, are also anticipated to propel the market growth.
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Global Fat Replacers Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Player:
The competitive landscape of the industry has also been examined along with the profiles of the key players being:
- Archer-Daniels-Midland Company
- Ashland
- Cargill Incorporated
- Corbion N.V.
- CP Kelco U.S. Inc. (J.M. Huber Corporation)
- DuPont de Nemours Inc
- Fiberstar Inc.
- Ingredion Incorporated
- Kerry Group plc
- Koninklijke DSM N.V.
- Tate & Lyle PLC
- Ulrick & Short
Breakup by Type:
- Carbohydrate
- Protein
- Lipid
- Others
Breakup by Source:
- Plant
- Animal
Breakup by Form:
- Liquid
- Powder
Breakup by Application:
- Processed Meat
- Bakery and Confectionery
- Beverages
- Convenience Food
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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