Fat Replacers Market By Source (Plants, Animals), By Type (Carbohydrate based, Protein based, Fat based), By Application (Bakery and Confectionary, Processed Meat Products, Dairy and Frozen Desserts, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
Fat replacers are components that can be used to replace fat in a variety of foods & beverages. Majority of fat replacers are reformulated versions of existing food ingredients, such as starches, gums, and cellulose. Furthermore, food business has developed a number of new fat substitutes, with. carbohydrate-based, protein-based, or lipid-based fat replacers being the most common.
The global market is segmented on the basis of source, type, application, and region. On the basis of source, the market is classified into plants and animals. On the basis of type, the market is classified into carbohydrate-based, protein-based, and fat-based. On the basis of application, it is segmented into bakery & confectionary, processed meat products, dairy & frozen desserts, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Russia, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, the United Arab Emirates, and rest of LAMEA).
The impact of the COVID-19 outbreak was quite moderate for growth of the Fat replacers market. Growth in population of health-conscious people have contributed toward growth of the market. However, trade restrictions and lockdown resulted into halting of production and manufacturing units. The recovery of the fat replacers market is expected in the future.
Consumption of bakery and confectionary product has increased in recent years. This is attributed to handy packaging and widespread availability of products. The need for fat replacers is on the rise as people have become more aware regarding obesity and are adopting carbohydrate-based fat replacers. Furthermore, rise in demand from North America and Asia-Pacific propels fat replacer sales. Manufacturers are working to improve quality of fat replacers so that they can preserve moisture and texture in a variety of food products. Furthermore, companies are experimenting with plant-based food products to provide alternatives that fully eliminate fat.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the Fat Replacers market analysis from 2021 to 2031 to identify the prevailing emulsifiers market opportunity.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the Fat Replacers market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the Fat Replacers industry.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global emulsifiers market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Source
Plants
Animals
By Type
Carbohydrate based
Protein based
Fat based
By Application
Bakery and Confectionary
Processed Meat Products
Dairy and Frozen Desserts
Others
By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
United Arab Emirates
Rest of LAMEA
Key Market Players
Archer Daniels Midland Company
Associated British Foods Plc.
Ingredion Incorporated
Kerry Group PLC.
Koninklijke DSM
Nestlé S.A.
Tate & Lyle PLC
CP Kelco U.S., Inc.
Ashland Global Holdings Inc.
Corbion NV
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