(PharmaNewsWire.Com, January 17, 2019 ) Key Insights- Fat Replacer Market
Higher Preference for Low-Fat Food Products among Consumers
Increasing incidence of obesity worldwide is resulting in consumers seeking low fat or fat-free foods & beverages products. Increasing number of food and beverages manufacturers are using protein-based, carbohydrate-based, and lipid-based fat replacers. However, as fat replacers alone cannot meet essential attributes, food product manufacturers are also providing a combination of reduced fat products and fat replacers.
Majority of the fat replacers in the fat replacer market are reformulations of previously used food ingredients. Moreover, manufacturers in the food replacer market are formulating a new variety of fat replacer ingredients by using advanced technologies.
Fat replacers are finding large application in the production of cookies, salad dressings, frozen desserts, low-fat cheese, chips, and ice-creams. Manufacturers are developing new products in fat-based fat replacers. These products are likely to use a combination of fat and oil and find large application in products including chips, baked goods, and snack foods. Majority of the new products with low-fat content made using fat replacers are awaiting approval by Food and Drug Administration.
Application of Fat Replacers in Dairy Products to Create Growth Opportunities
Increasing number of dairy product manufacturers are replacing expensive butterfat with vegetable fat owing to its cost-effectiveness and numerous health benefits. Manufacturers are focusing on improving structural quality and taste of fat replacers for use in dairy products. The increasing demand for fat-free dairy products offering flavor and taste similar to the traditional dairy products is resulting in new fat replacer development.
Production of the high quality of milk fat replacers made using specific vegetable fat blends is growing. These fat replacers used in a wide range of dairy products including cheese, butter, and whipping cream are extremely cost-effective, resulting in high adoption in developing regions.
Low-fat dairy beverages are also gaining traction across the globe with the introduction of new flavors and rise in health consciousness among consumers owing to increasing instances of obesity.
The report on the fat replacer market provides detailed profiles of all the leading market players. The report includes a dashboard view on fat replacer market players. SWOT analysis on the major players along with business strategies in the fat replacer market has also been included in the report. Expanding globally is one of the main focus areas of players in the fat replacer market, hence, there has been a rise in partnerships and mergers and acquisitions activities.
Kerry Group PLC. is planning to acquire Fleischmann’s Vinegar Co. Inc., the US-based natural producer of specialty ingredients and AATCO Food Industries LLC, based in Middle East and Africa.
Tate & Lyle with its toolkit is helping customers across the globe to reformulate existing food products and create new foods. The company is also strengthening its relationship with nutrition bodies to share knowledge, expertise, and ensuring availability of resources to support balanced diets and lifestyle.
Archer Daniels Midland Company has approached Molinos Agro about buying the company’s livestock feed and soyoil manufacturing plant.
3. Global Fat Replacer Market Analysis 3.1. Global Fat Replacer Market Outlook 3.1.1. Market Value, Volume Forecast and Analysis 3.2. Global Fat Replacer Market Analysis By Ingredient Type 3.2.1. Revenue (US$ Mn) & Volume (Tonnes) Comparison, By Ingredient Type 3.2.2. Market Share Comparison, By Ingredient Type 3.2.3. Y-o-Y Growth Comparison By Ingredient Type 3.3. Global Fat Replacer Market Analysis By Application 3.3.1. Revenue (US$ Mn) & Volume (Tonnes) Comparison, By Application 3.3.2. Market Share Comparison, By Application 3.3.3. Y-o-Y Growth Comparison, By Application 3.4. Global Fat Replacer Market Analysis By Form 3.4.1. Revenue (US$ Mn) & Volume (Tonnes) Comparison, By Form 3.4.2. Market Share Comparison, By Form 3.4.3. Y-o-Y Growth Comparison, By Form 3.5. Global Fat Replacer Market Analysis By Source 3.5.1. Revenue (US$ Mn) & Volume (Tonnes) Comparison, By Source 3.5.2. Market Share Comparison, By Source 3.5.3. Y-o-Y Growth Comparison, By Source
4. North America Fat Replacer Market Analysis 4.1. North America Fat Replacer Market Outlook 4.1.1. Market Value, Volume Forecast and Analysis 4.2. North America Fat Replacer Market Analysis By Ingredient Type 4.2.1. Revenue (US$ Mn) & Volume (Tonnes) Comparison, By Ingredient Type 4.2.2. Market Share Comparison, By Ingredient Type 4.2.3. Y-o-Y Growth Comparison, By Ingredient Type 4.3. North America Fat Replacer Market Analysis By Application 4.3.1. Revenue (US$ Mn) & Volume (Tonnes) Comparison, By Application 4.3.2. Market Share Comparison, By Application 4.3.3. Y-o-Y Growth Comparison, By Application 4.4. North America Fat Replacer Market Analysis By Form 4.4.1. Revenue (US$ Mn) & Volume (Tonnes) Comparison, By Form 4.4.2. Market Share Comparison, By Form 4.4.3. Y-o-Y Growth Comparison, By Form 4.5. North America Fat Replacer Market Analysis By Source 4.5.1. Revenue (US$ Mn) & Volume (Tonnes) Comparison, By Source 4.5.2. Market Share Comparison, By Source 4.5.3. Y-o-Y Growth Comparison, By Source
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