A recent study by Fact.MR projected the fat substitutes market to grow with a CAGR of 5.9% in the forecasted period. With the increasing prevalence of obesity and overweight worldwide, there is a growing demand for nutritious snacks that are high in dietary fiber and protein and not contributing large amounts of sugar, sodium, and fat.
Hence, several fat substitutes are professed to cut fat content in food mediums while sustaining the sensory characteristics that are typically attributed to dietary fat.
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Fat Substitutes: Market Segmentation
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Based on form, the fat substitutes market can be segmented as
- Powder
- Liquid
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Based on ingredient type, the fat substitutes market can be segmented as
- Carbohydrate Based Fat Substitute
- Protein Based Fat Substitute
- Lipid Based Fat Substitute
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Based on source, the fat substitutes market can be segmented as
- Animal
- Plant
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Based on application, the fat substitutes market can be segmented as
- Dairy and Frozen Desserts
- Bakery and Confectionary Products
- Sauces, Spreads and Dressings
- Convenience Food and Beverages
- Others
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Based on region, the fat substitutes market can be segmented as:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, Argentina and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, South Korea, Malaysia, Indonesia, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
- North America
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Fat Substitutes Market: Key Players
Some of the key players manufacturing fat substitutes are as follows-
- Kerry Group Plc.
- FMC Corporation
- Associated British Foods Plc.
- Cargill
- Incorporated
- Corbion NV
- Ingredion Inc.
- Archer Daniels Midland Company
- Tate & Lyle Plc.
- Royal DSM NV
- Ashland Global Holdings, Inc.,
Fat Substitutes Market: Key Players
Some of the key players manufacturing fat substitutes are as follows-
- Kerry Group Plc.
- FMC Corporation
- Associated British Foods Plc.
- Cargill
- Incorporated
- Corbion NV
- Ingredion Inc.
- Archer Daniels Midland Company
- Tate & Lyle Plc.
- Royal DSM NV
- Ashland Global Holdings, Inc.,
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