Higher Preference for Low-Fat Food Products among Consumers Boosting the Fat Rep

Posted by Arslan on February 11th, 2019

The increasing demand for fat replacer in convenience foods & beverages, as well as bakery products and potential health benefits of fat replacer, are the key growth factors defining the Fat Replacer market. Also, the increase in health awareness among urban population and changing lifestyle due to rapid urbanization are the key parameters which boost the growth of the fat replacer market. The prominent market players are strategically focusing on the introduction of enhanced product offerings to capture the maximum market share and improve the overall profitability.

Urban consumers are aware of the new products that offer several benefits are available in the market which is the major driving forces for the consumer inclination towards fat replacers. The shifting preference towards consumption of dietary products among consumers owing to rising awareness regarding the various health benefits it offers, including normalized bowel movement, reduced cholesterol levels, controlled blood sugar levels and also aiding in maintaining healthy body weight is a significant factor driving the growth of the global fat replacer market.

The sections, by ingredient type, by form, by source, and by application, evaluate the present scenario as well as growth prospects of the regional fat replacer market for 2018–2027. The North America market has been estimated to dominate the fat replacer market, accounting for the maximum revenue share of the market by 2018-end. Europe and Asia-Pacific markets are expected to account for over 25.7% and 21.8% revenue share, respectively, of the global fat replacer market by 2028 end. Among the emerging markets, APEJ is estimated to exhibit a significant CAGR of 6.0% over the forecast period, followed by MEA with 4.9%, and Latin America with CAGR 4.6%.

North America Region Critical in the Fat Replacer Market

The North America region is estimated to account for 37.2% market share in the global Fat Replacer market in 2018, and this share is expected to grow by a massive rate of 284 BPS. This highly populated continent is spearheaded by the rapid economic growth in U.S and customers in this country will continue to demand the maximum fat replacer. The market value of over US$ 1,304.9 Mn in 2027 makes North America the behemoth in the global fat replacer market.

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'https://www.factmr.com/report/1514/fat-replacers-market

Fact.MR has profiled some of the most prominent companies active in the global fat replacer market such as Cargill, Incorporated, Kerry Group Plc, Archer Daniels Midland Company, Royal DSM NV, Associated British Foods Plc, Ingredion, Inc., Tate & Lyle Plc, Ashland Global Holdings, Inc., FMC Corporation, Corbion NV, and others. The key players in fat replacer market are focusing on differentiated product offerings in order to expand their customer base and to enter the new markets.

Studies Claiming Health Benefits of Full-Fat Dairy Products to Impact Fat Replacers Growth

Various global studies have found that consuming full-fat dairy can lead to a lower rate of cardiovascular diseases compared to the consumption of low-fat dairy products. A recent study published in The Lancet found that people consuming three servings of whole fat dairy every day have a lower rate of cardiovascular disease.