The post Comprehensive Overview of the Global Fat Replacer Market 2021-2031 appeared first on Newstrail.com authored by Fact.MR
The global Fat Replacer market is expected to witness significant growth during the forecast period of 2021 to 2031. The rising concerns regarding health and wellness are likely to drive the market growth. Fat replacers are used as a substitute for fats in food and beverage products to reduce the fat content and enhance the health benefits of the product without compromising on its taste.
The increasing number of obese and overweight population, rising consumer awareness about their health and nutrition, and the increasing demand for convenience food are some of the factors boosting the growth of the global fat replacer market during the forecast period. In addition, the increasing focus of the food industry on providing healthier food options is also expected to drive the market growth. Furthermore, the increasing demand for low-fat food products is likely to propel the market growth during the forecast period.
However, the stringent regulations on food products and the availability of other substitutes for fat replacers are some of the factors that may hamper the growth of the global fat replacer market during the forecast period.
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Key Companies Profiled
- Cargill Inc.
- Kerry Group Plc.
- Tate & Lyle Plc.
- Ingredion Incorporated
- Royal DSM N.V
- Ashland Global Holdings Inc.
- Archer Daniels Midland Company
- FMC Corporation
- Corbion N.V
- Associated British Foods Plc.
Competitive Landscape
The competitive landscape of the Fat Replacer market is highly fragmented, with a large number of small and medium-sized participants competing for market share. Some of the major players in the market include Cargill, Inc., Archer Daniels Midland Company, Kerry Group, Ingredion Incorporated, Tate & Lyle PLC, Danone S.A., Koninklijke DSM N.V., Corbion N.V., Shandong Sino-agri United Biotechnology Co. Ltd., and Glanbia Plc.
These companies are focusing on product innovation and strategic collaborations to gain an edge over their competitors. For instance, in 2020, Shandong Sino-agri United Biotechnology Co. Ltd. announced the launch of a new fat replacer product, which is made from natural vegetable oil, soybean oil, and modified starch. The product was developed to meet the needs of the food industry for healthier and plant-based food products.
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Recent developments in the Fat Replacer Market include the following:
- Plant-Based Fat Replacers: Plant-based fat replacers are becoming increasingly popular due to their nutritional benefits and sustainability. Soy-based replacers such as soy protein isolate, soy flour, and soybean oil are gaining traction in the market.
- Aquafaba-Based Fat Replacers: Aquafaba-based fat replacers have gained significant attention in recent years due to its high nutritional value. Aquafaba is the liquid from canned chickpeas and can be used as a fat replacer, thanks to its ability to act as an emulsifier, stabilizer, and thickener.
- Protein-Based Fat Replacers: Protein-based fat replacers such as whey protein isolate, milk protein concentrate, and egg white proteins are being increasingly used to reduce fat content in food products. These ingredients are used to add protein content while reducing calories and fat content.
