Global Fat Replacers Market 2017-2021
About Fat Replacers
Fat replacers are food substances used to replace all or some part of the fat found in the food and beverages with low calorific content. But, these fat replacers give the food a taste, texture, and a mouthfeel similar to the original full-fat food. Some of the fat replacers are made using a combination of two or more types of sources. The fat replacers are also called as fat substitutes and fat mimetics, and can be used in the F&B industry as taste enhancers, texturizing agents, and stabilizing agents also.
Technavio’s analysts forecast the global fat replacers market to grow at a CAGR of 6.02% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fat replacers market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of fat replacers by the following product types: carbohydrate-based, protein-based, and lipid-based fat replacers in the global market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Fat Replacers Market 2017-2021
Technavio recognizes the following companies as the key players in the global fat replacers market: Cargill, FMC, Archer Daniels Midland Company, Ashland, Kerry Group.
Other Prominent Vendors in the market are: CP Kelco, GPC, Avebe, BENEO, INGREDION, The Dow Chemical Company, Royal DSM, DuPont, Ulrick & Short, and Tate & Lyle.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is emergence of seaweed as a potential fat replacer. Every business is looking toward sustainability, with respect to future. The F&B industry has started using seaweed as a fat replacer in some food products. The beverage industry is witnessing a demand for such marine ingredients due to its nutritional value. Seaweed is rich in vitamins and minerals, and low in calories. This property is deemed as desirable to F&B manufacturers.”
According to the report, one of the major drivers for this market is increasing demand for low-calorie and low-fat diet. Low-calorie foods usually contribute fewer calories than a body's daily requirement. These foods are used in weight management programs and diet plans of people suffering from diseases like cancer, diabetes, obesity, and heart conditions. A major portion of the world population is expected to be obese by 2030.
Further, the report states that one of the major factors hindering the growth of this market is expensive low-fat and low-calorie foods. The price of the health foods and low-calorie foods is high when compared to that of junk foods. The low-calorie food usually contains around 1,100 to 1,800 calories. The low-fat foods also include the lower calorie foods as the fat replacers used in these products reduce the fat content by a certain percentage. The low-calorie food products majorly include fat replacers as one of their main ingredients. The majorly used fat replacers in these foods are modified starches, gums, gelatin, and mono and diglycerides. The price, after the taste factor, of the food products is the criterion using which such food products are purchased.
Cargill, FMC, Archer Daniels Midland Company, Ashland, Kerry Group. Other Prominent Vendors in the market are: CP Kelco, GPC, Avebe, BENEO, INGREDION, The Dow Chemical Company, Royal DSM, DuPont, Ulrick & Short, and Tate & Lyle.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook