Fat Substitutes Market Forecast and CAGR
A recent study by Fact.MR projected the fat substitutes market to grow with a CAGR of 5.9% in the forecasted period. With the increasing prevalence of obesity and overweight worldwide, there is a growing demand for nutritious snacks that are high in dietary fiber and protein and not contributing large amounts of sugar, sodium, and fat.
Hence, several fat substitutes are professed to cut fat content in food mediums while sustaining the sensory characteristics that are typically attributed to dietary fat.
Moreover, manufacturers are continuously developing healthy snacks that are more nutrient-dense than ongoing traditional snacks. Some examples of innovative snacks include puddings, crackers, yogurt, chips, and bars that consist of popular superfoods or health foods such as dietary fibers, nuts, ancient grains, seeds, whole grains, vegetables, fruits, etc. Additionally, due to rising appealing snacks demand, there is an escalating growth for the fat substitutes market.
Keep Moisture In, Fat out Trend is Up Surging the Fat Substitutes Market
The increasing utilization of proteins extracted from animal tissues for reducing the fat content by 60-70% in deep-fried foods, for instance, seafood, poultry, meat, and other products is increasing the demand for fat substitutes globally.
However, in addition to reducing fat absorption, there are potential health benefits as the overall quality of the deep-fried product increases, as the process locks in moistness and cuts fat absorption, and evades the possibility of sogginess and softening after cooking.
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Reducing Whipping Fat Substitutes Problems to Drive Fat Substitutes Demand Globally
Nowadays, food gums are playing a very important role in formulating low-fat products, with functionality benefits and all-important properties such as protein stabilization, thickening, moisture retention, and mouthfeel when trying to develop a low-fat product without compromising texture and taste.
Moreover, manufacturers are utilizing cellulose-based ingredients for the reduced-fat whipping cream formulation with superior stability and excellent aeration properties, hence a combination of the right process parameters and fat substitutes fulfills the growing consumers' demand for low-fat products.
The US and Canada Demand Outlook for Fat Substitutes Market
In terms of sales, the North American market is projected to take the lead in the global target market. With growing consumer demand for low-fat products, U.S. and Canadian governments have adopted regulatory approaches on the consumption of food containing fat and also set a limit on daily consumption of fat, for controlling trans-fatty acids in food products.
Moreover, 60-80% of Americans are cutting back on food products containing high saturated fats, being a prime factor for the stable growth of the fat substitutes market.
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Europe Fat Substitutes Market Outlook
The European fat substitutes market is estimated to grow at a moderate pace. Manufacturers are aiming at low-calorie, low-fat demand of the consumers hence, fat substitutes companies are making swift progress concerning evolving innovative substitutes options.
The market for fat substitutes is estimated to see swift growth through the projection period driven by huge investments done by market players in social media marketing, and promotional activities towards increasing high-quality product trends and towards consumers who wish to eat more healthy nutritional food products.
Fat Substitutes Market: Key Players
Some of the key players manufacturing fat substitutes are as follows-
- Kerry Group Plc.
- FMC Corporation
- Associated British Foods Plc.
- Corbion NV
- Ingredion Inc.
- Archer Daniels Midland Company
- Tate & Lyle Plc.
- Royal DSM NV
- Ashland Global Holdings, Inc.,
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
An Adaptive Approach to Modern-day Research Needs
Fat Substitutes Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Fat Substitutes: Market Segmentation
Based on form, the fat substitutes market can be segmented as
Based on ingredient type, the fat substitutes market can be segmented as
- Carbohydrate Based Fat Substitute
- Protein Based Fat Substitute
- Lipid Based Fat Substitute
Based on source, the fat substitutes market can be segmented as
Based on application, the fat substitutes market can be segmented as
- Dairy and Frozen Desserts
- Bakery and Confectionary Products
- Sauces, Spreads and Dressings
- Convenience Food and Beverages
Based on region, the fat substitutes market can be segmented as:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, Argentina and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, South Korea, Malaysia, Indonesia, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
- North America
Note: Although care has been taken to maintain the highest levels of accuracy in FACT.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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