Fat Replacers in the Global Food Additive Market
Trends, opportunities, and forecast for the fat replacers in the global food additive market from 2017 to 2028 by product type (carbohydrate-based, protein-based, and lipid-based), form (powder and liquid), source (plant and animal), application (bakery & confectionery products, dairy & frozen desserts, convenience foods & beverages, sauces, dressings, and spreads, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Fat Replacers in Food Additive Market Trends and Forecast
The future of fat replacers in the global food additive market looks promising with opportunities in bakery & confectionery product, dairy & frozen dessert, convenience food & beverage, sauce, dressing, and spread applications. The global food additive market in terms of fat replacer consumption is expected to reach an estimated $3.8 billion by 2028 with a CAGR of 4% from 2023 to 2028. The major drivers for this market are increasing consciousness regarding obesity and growing demand for healthier food options that are lower in fat and calories.
Fat Replacers in Food Additive Market
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below.
Fat Replacers in Food Additive Market by Segments
Fat Replacers in Food Additive Market by Segment
The study includes trends and forecast for fat replacers in the global food additive market by product type, form, source, application, and region, as follows:
Fat Replacers in Food Additive Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Carbohydrate-Based
Protein-Based
Lipid-Based
Fat Replacers in Food Additive Market by Form [Value ($B) Shipment Analysis from 2017 to 2028]:
Powder
Liquid
Fat Replacers in Food Additive Market by Source [Value ($B) Shipment Analysis from 2017 to 2028]:
Plants
Animals
Fat Replacers in Food Additive Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Bakery & Confectionery Products
Dairy & Frozen Desserts
Convenience Foods & Beverages
Sauces, Dressings, and Spreads
Others
Fat Replacers in Food Additive Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
List of Fat Replacer Companies in Food Additive Market
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, fat replacer companies in the food additive market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fat replacer companies in the global food additive market profiled in this report include-
ADM
Cargill
Kerry Group
FMC Corporation
Ingredion
Koninklijke DSM
Ashland
Fat Replacers in Food Additive Market Insights
Lucintel forecasts that powder will remain the larger form segment over the forecast period because it is highly used in the fried foods and bakery products owing to its ease of use and versatility.
Bakery & confectionery products are expected to remain the largest application segment due to increasing inclination of consumers towards healthy lifestyle, which is driving the demand for bakery products made with fat replacer ingredients.
APAC will witness the highest growth due to high demand for low fat or reduced fat food products among consumers owing to various health issues.
Features of the Fat Replacers in the Food Additive Market
Market Size Estimates: Fat replacers in the food additive market size estimation in terms of value ($B)
Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
Segmentation Analysis: Fat replacers in the food additive market size by various segments, such as by product type, form, source, application, and region
Regional Analysis: Fat replacers in the food additive market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth Opportunities: Analysis on growth opportunities in different product types, forms, sources, applications, and regions for fat replacers in the global food additive market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape for fat replacers in the food additive market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the food additive market size in terms of fat replacerusage?
Answer: The global food additive market in terms of fat replacer usage is expected to reach an estimated $3.8 billion by 2028.
Q2. What is the growth forecast for fat replacers in food additive market?
Answer: The global food additive market in term of fat replacer usage is expected to grow with a CAGR of 4% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of fat replacers in the global food additive market?
Answer: The major drivers for this market are increasing consciousness regarding obesity and growing demand for healthier food options that are lower in fat and calories.
Q4. What are the major segments for fat replacers in food additive market?
Answer: The future of of fat replacers in the global food additive market looks promising with opportunities in the bakery & confectionery product, dairy & frozen dessert, convenience food & beverage, sauce, dressing, and spread applications.
Q5. Who are the key fat replacer companies in the food additive market?
Answer: Some of the key fat replacer companies in the food additive market are as follows:
ADM
Cargill
Kerry Group
FMC Corporation
Ingredion
Koninklijke DSM
Ashland
Q6. Which fat replacers in food additive segment will be the largest in future?
Answer:Lucintel forecasts that powder will remain the larger form segment over the forecast period because it is highly used in fried foods and bakery products owing to its ease of use and versatility.
Q7. In fat replacers in food additive market, which region is expected to be the largest in next 5 years?
Answer: APAC will witness the highest growth due to high demand for low fat or reduced fat food products among consumers owing to various health issues.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for fat replacers in the global food additive market by product type (carbohydrate-based, protein-based, and lipid-based), form (powder and liquid), source (plants and animals), application (bakery & confectionery products, dairy & frozen desserts, convenience foods & beverages, sauces, dressings, and spreads, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
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