Food Texturants Market Outlook, Growth, Regional Revenue, Top Competitor, 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 outlook 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 outlook 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 insights are segmented by region 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, 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%.
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