Published Date: 2019-06-19 | Pages: Ongoing | Tables: Ongoing | Report ID: 7270
Industry: Food & Beverages
Fat is one of the three most important prime macronutrients present in most of the foods. It lends flavor and texture to any food. As an essential part of the diet, fat has a number of health benefits. However consuming it above the required amount, may cause various health issues such as the risk for heart diseases, high cholesterol level, obesity and so on. Fat replacers are thus gaining popularity as they substitute fat in food products such as frozen desserts, processed meats, cheese, salad dressings, baked goods, and snack items, making them healthier and equally tastier. As packaged food consumption has increased globally, the demand for Fat replacers are also increased, a great opportunity for global market.
Fat Replacer Market: Drivers and Opportunities
Packaged food has created a great demand for fat replacers. The burgeoning demand for bakery and confectionery products has drastically upped the intake of fat replacers in recent years. The cumulative number of dairy product manufacturers are replacing original fat with a low fat owing to its market growth. A number of global health organizations have clarified the ideal dietary advice and recommendations for growing awareness about the negative impact of excessive fat intake and benefits of healthy living. The powerful impact of media has resulted in popularising the hazardous effects of fat consumption. As per the World Health Organization, a 30% intake of fat helps prevent unhealthy weight gain among adults. Thus, the food manufacturers are focusing on improving the structural quality of various food products, whether it is a dairy item, confectionery, baked, or other packaged food items. This helps the food manufacturers to provide cost-effective food items with numerous health benefits without compromising taste.
Fat Replacer Market: Segments
The report anticipates that the protein-based fat replacer segment will dominate the global market in the coming years. Growing demand for high-protein diets that are low in fat is expected to be the key driver for the segment in the forecast period.
● Bakery and confectionary
● Dairy and frozen desserts
● Convenience food and beverages
● Sauces and dressings, and spreads
North America is currently dominating the global fat replacer market, followed by Europe. Asia Pacific is expected to be the fastest-growing region in the global fat replacer market due to a number of reasons. The most prominent of them is its growing economy, along with rapid pace of urbanization, lifestyle changes, and growing demand for convenient products are all expected to spike the growth of the global fat replacer market.
Fat Replacer Market: Company Profile and Competitive Landscape
FMC Corporation, Corbion, Ingredion are some of the major players of the global fat replacer market. While there are a number of emerging players such as Incorporated, Cargill, Kerry Group, Tate & Lyle, Royal DSM, and Ashland Global.
Corbion is acquiring the full ownership of the company Granotec do Brazil. The company is a leading specialist of unique blends for the Brazilian bakery industry, which Corbion has bought with US$45 million. The key growth of Corbion's is based on the strategy of 'Creating Sustainable Growth'. The company aims at expanding geographically and extending their dominance in the North American Bakery solution provider model into Latin America as well.
Fat Replacer Market: Research Methodology
The QY Research market report analysts’ team have worked hard for the unique research report. The research work has been conducted using primary and secondary method to gain the latest and accurate information of the fat replacer market. A detailed understanding and assessment of the applications, types, end uses of the product segments, forms, and revenue structure have been covered in the study. The business strategies in the fat replacer market have also been included in the report. The triangulation methodology has been used in the research to estimate the data accuracy. The collected statistics and data will also support the estimates the overall market of fat replacer.
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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.
Food and beverages sector is considered to be one of the fastest-growing one. Growth of its various industries, right from processing, packaging, and labelling amongst others, have witnessed unbelievable transformation over the years. Players in the food and beverages industry are constantly catering to the changing lifestyle needs that are at times characterized by healthy eating habits or higher purchasing power. The food and beverages industry is extremely dynamic and hence requires a constant watch.
Our researchers have created a repository of thoroughly-researched reports that are aimed at offering the readers a detailed outlook of the industry. Analysts have focused on issues such as food security, evolving demographics, and changing dietary habits. Packaging and innovation therein, along with emerging trends such as organic food items have been discussed through these publications.
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