According to a market report by Lucintel, the future of the fat replacers in the global food additive market looks promising with opportunities in the bakery & confectionery product, dairy & frozen dessert, convenience food & beverage, sauce, dressing, and spread markets. The global food additive market in terms of fat replacers in expected to reach an estimated $3.8 billion by 2028 with a CAGR of 4% from 2023 to 2028. The major drivers for this market are increasing consciousness regarding obesity and growing demand for healthier food options that are lower in fat and calories.
Powder and liquid are the two major segments of fat replacers in food additive market by form. Lucintel forecast that powder will remain the larger form segment over the forecast period because it is highly used in fried foods and bakery products owing to its ease of use and versatility.
Within this market, bakery & confectionery products is expected to remain the largest segment due to increasing inclination of consumers towards healthy lifestyle, which is driving the demand for bakery products made with fat replacers ingredients.
APAC will witness the highest growth due to high demand for low fat or reduced fat food products among consumers owing to various health issues.
ADM, DuPont, Cargill, Kerry Group, FMC Corporation, Ingredion, Koninklijke DSM, and Ashland are the major suppliers for fat replacers in the global food additive market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for fat replacers in the global food additive market by product type, form, source, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for Fat Replacers in the Global Food Additive Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for fat replacers in the global food additive market by product type, form, source, application, and region, as follows:
Fat Replacers in Food Additive Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Carbohydrate-based
Protein-based
Lipid-based
Fat Replacers in Food Additive Market by Form [Value ($B) Shipment Analysis from 2017 to 2028]:
Fat Replacers in Food Additive Market by Source [Value ($B) Shipment Analysis from 2017 to 2028]:
Fat Replacers in Food Additive Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Bakery & Confectionery Products
Dairy & Frozen Desserts
Convenience Foods & Beverages
Sauces, Dressings, and Spreads
Others
Fat Replacers in Food Additive Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for fat replacers in the global food additive market by product type (carbohydrate-based, protein-based, and lipid-based), form (powder and liquid), source (plant and animal), application (bakery & confectionery products, dairy & frozen desserts, convenience foods & beverages, sauces, dressings, and spreads, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?