A recent report published by Infinium Global Research on fat replacers market provides in-depth analysis of segments and sub-segments in the global as well as regional fat replacers market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional fat replacers market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global fat replacers market. According to the report, the global fat replacers market is projected to grow at a CAGR of 5.8% over the forecast period of 2019-2025.
Fat replacers are non-fat based substance, which works as fat for food products. Owing to growing lifestyle diseases as obesity, heart attack, the application of the fat replacers is continuously growing among the millennials and middle-class consumers around the world. It has a low amount of fat and, its taste and looks are similar to natural fat. Further, the fat replacers are of three types namely carbohydrate-based, protein-based, and lipid-based. The carbohydrate-based fat replacers are manufactured from starchy food like grains, corn, and cereals. Gelatin, gum and modified dietary fibers are few types of carbohydrate-based fat replacers. The protein-based fat replacers are made by modifying protein, using whey from milk or egg white. Additionally, the lipid-based fat replacers are made by replacing triglycerides in the vegetable oils.
The growing awareness about the side effects of the excessive consumption of the fat-based products among the young and middle-class consumers is helping to increase the demand of the fat replacers market around the world. Further, intensive product launch by the different MNCs to tap the emerging market of fat replacers and their intensive advertising strategy is helping to grow the demand the fat replacers products. However, the cost factor related to the fat replacer product is restricting the growth of this market in the potential regions. Moreover, the continuous growing income among the young and middle-class consumers in the developing region is expected to boost the demand of the fat replacers products in the near future.
Geographically, the fat replacers market is segmented into four regions, namely North America, Europe, the Asia-Pacific, and RoW. North America is the largest market of the fat replacers market, owing to the presence of a large number of patient pool, who are suffering from lifestyle diseases. The Asia-Pacific fat replacers market is expected to grow at the highest CAGR during the forecast period, owing to the growing demand of the fat replacer from the youth and middle-class consumers for their better health.
The report on global fat replacers market covers segments such as type, application, form, and source. On the basis of type, the sub-markets include carbohydrate-based fat replacers, protein-based fat replacers, and lipid-based fat replacers. On the basis of application, the sub-markets include bakery & confectionery products, dairy & frozen desserts, convenience foods & beverages, sauces, dressings, and spreads, and other applications. On the basis of form, the sub-markets include powder, and liquid. On the basis of source, the sub-markets include plant, animal, and others.
The report provides profiles of the companies in the market such as Fiberstar, Inc., Corbion N.V., Tate & Lyle PLC, CP Kelco, Ashland Global Specialty Chemicals Inc., Koninklijke DSM N.V., Ingredion Incorporated, E. I. du Pont de Nemours and Company, FMC Corporation, and Kerry Group plc.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of fat replacers market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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