FEATURED COMPANIES
- Cargill Inc.
- CP Kelco
- Dow Inc.
- Ingredion Inc.
- Kerry Group Plc
- P&G Chemicals
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.
Frequently Asked Questions about the Global Market for Fat Replacers
What is the estimated value of the Global Market for Fat Replacers?
What is the growth rate of the Global Market for Fat Replacers?
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| Report Attribute | Details |
|---|---|
| Published | April 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD ) in 2020 | $ 1.4 Billion |
| Forecasted Market Value ( USD ) by 2027 | $ 2.1 Billion |
| Compound Annual Growth Rate | 6.0% |
FEATURED COMPANIES
- Cargill Inc.
- CP Kelco
- Dow Inc.
- Ingredion Inc.
- Kerry Group Plc
- P&G Chemicals
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS4. GLOBAL MARKET PERSPECTIVE
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
III. MARKET ANALYSIS
IV. COMPETITION
A selection of companies mentioned in this report includes:
- 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.
