PUBLISHER: Allied Market Research | PRODUCT CODE: 1140138
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140138
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
Key Market Segments
By Source
By Type
By Application
By Region