FEATURED COMPANIES
- Cargill Inc.
- CP Kelco
- Dow Inc.
- Ingredion Inc.
- Kerry Group Plc
- P&G Chemicals
- MORE
Global Fat Replacers Market to Reach $2.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Fat Replacers estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Carbohydrate-based, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$1.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Protein-based segment is readjusted to a revised 6.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $389.1 Million, While China is Forecast to Grow at 8.2% CAGR
The Fat Replacers market in the U.S. is estimated at US$389.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$425.2 Million by the year 2027 trailing a CAGR of 8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
Fat-based Fat Replacers Segment to Record 3.8% CAGR
In the global Fat-based Fat Replacers segment, USA, Canada, Japan, China and Europe will drive the 3.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$180.9 Million in the year 2020 will reach a projected size of US$228.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$274.8 Million by the year 2027, while Latin America will expand at a 4.7% CAGR through the analysis period.
Select Competitors (Total 39 Featured):
Amid the COVID-19 crisis, the global market for Fat Replacers estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Carbohydrate-based, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$1.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Protein-based segment is readjusted to a revised 6.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $389.1 Million, While China is Forecast to Grow at 8.2% CAGR
The Fat Replacers market in the U.S. is estimated at US$389.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$425.2 Million by the year 2027 trailing a CAGR of 8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
Fat-based Fat Replacers Segment to Record 3.8% CAGR
In the global Fat-based Fat Replacers segment, USA, Canada, Japan, China and Europe will drive the 3.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$180.9 Million in the year 2020 will reach a projected size of US$228.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$274.8 Million by the year 2027, while Latin America will expand at a 4.7% CAGR through the analysis period.
Select Competitors (Total 39 Featured):
- Advanced Food Systems, Inc
- Archer Daniels Midland Company
- Ashland Global Holdings Inc.
- Cargill Inc.
- CP Kelco
- Dow Inc.
- Grain Processing Corporation
- Ingredion Inc.
- Kerry Group Plc
- P&G Chemicals
- PGP International Inc
- Royal DSM N.V.
- Tate & Lyle PLC
- TIC Gums, Inc.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Cargill Inc.
- CP Kelco
- Dow Inc.
- Ingredion Inc.
- Kerry Group Plc
- P&G Chemicals
- MORE
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
III. MARKET ANALYSIS
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Fat Replacers - A Prelude
- Surge in Food Additives Market Signals Opportunities
- Improving Economy Buoys General Market Optimism
- Recent Market Activity
- The US - The Largest Market for Fat Replacers
- Emerging Economies: Favorable Growth Prospects
- Rapid Urbanization Worldwide
- Opportunity Indicators
3. MARKET TRENDS & DRIVERS
- Alarming Rise in Obesity - A Business Case for Fat Replacers Market
- Addressing CVD to Open New Avenues for Fat Replacers
- Favorable Demographic & Economic Trends to Offer Market Prospects
- Ballooning Global Population
- Aging Population: A Weighty Demographic Driver
- Growing Preference for Natural & Healthy Food Products to Drive Market
- Pectin - A Popular Fat Replacer
- Prominence of Low-Fat Products Promotes Product Innovations
- Starches Replace Fats
- Hydrocolloid-based Fat Replacers: Sustained Demand in Store
- Gelatin as a Fat Replacer Gains Momentum
- Expanding Applications: Opportunities for Hydrocolloids-based Fat Replacers
- Dairy - The Largest End-Use Sector for Fat Replacers
- Rise of Low-fat Yogurt Bodes Well for Fat Replacers
- Carbohydrate-Based Fat Replacers Find Demand in Dairy Products
- Emulsifiers as Fat Replacers: Poised for Growth
- Soy Protein: A Potential Fat Replacer
- Need for Improved Fat Replacers Promotes Research
- Kinetic Trapping: The Future of Novel Fat Replacers?
- Appropriate Labeling - The Need of the Hour
- List of Select Nutrient Claims & Their Definition
- Bakery Applications Signal Growth Prospects
- Developed Markets Dominate Consumption, While Developing Countries Spearhead Growth
- Trans-Fat Free Products Turn On the Heat
- Rise of Low-Fat Meat Augurs Well for Fat Replacers
- High-Fat Vis a Vis Low-Fat -The Ongoing Debate
III. MARKET ANALYSIS
- UNITED STATES
- CANADA
- JAPAN
- CHINA
- EUROPE
- FRANCE
- GERMANY
- ITALY
- UNITED KINGDOM
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA-PACIFIC
- AUSTRALIA
- INDIA
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- ARGENTINA
- BRAZIL
- MEXICO
- REST OF LATIN AMERICA
- MIDDLE EAST
- IRAN
- ISRAEL
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- AFRICA
- Total Companies Profiled: 39
Note: Product cover images may vary from those shown
- Advanced Food Systems, Inc
- Archer Daniels Midland Company
- Ashland Global Holdings Inc.
- Cargill Inc.
- CP Kelco
- Dow Inc.
- Grain Processing Corporation
- Ingredion Inc.
- Kerry Group Plc
- P&G Chemicals
- PGP International Inc
- Royal DSM N.V.
- Tate & Lyle PLC
- TIC Gums, Inc.
Note: Product cover images may vary from those shown
