The Africa Fat Replacers Market is expected to register a CAGR of 5.2% during the forecast period (2020-2025).
Key Market Trends
Protein-Based Fat Replacers are the Fastest Growing Segment
Protein-based fat replacers have tremendous potential and are used in a variety of products, especially frozen and refrigerated ones. Protein-based fat replacers are not suitable to be used for frying foods, but they can be used in many heat applications. These proteins are heated and whirled in blenders to produce very tiny particles in a process called micro-particulation. Microparticulated Protein (Simplesse®) are reduced-calorie ingredients made from whey protein or milk and egg protein digested as a protein. The application includes dairy products (e.g., ice butter, cream, sour cream, cheese, yogurt), margarine, salad dressing, and mayonnaise, as well as baked goods, soups, coffee creamer, and sauces. Modified Whey Protein Concentrate (Dairy-Lo®) are controlled thermal denaturation and result in a functional protein with fat-like properties. It can be utilized in dairy products (cheese, yogurt, sour cream, and ice cream), frostings, baked goods, as well as salad dressing and mayonnaise.
Rising Utilization in Processed Meat Segment
In most of developed countries meat is a prominent part of the diet. But, health-conscious consumers are avoiding processed meat, due to the high cholesterol levels. Manufacturers of processed meat understand this consumer preference and have introduced processed meat products with fat replacers, to cater to the health-conscious consumers’ needs. Carbohydrate-based fat replacers have the creaminess of natural fat. They also absorb water, add volume, thicken, and stabilize foods. Due to these properties, it is mainly used in processed meat. The increasing disposable income among consumers in developing countries, is ,a prominent driver for the growth of processed meat, with fat replacers.
Competitive Landscape
The Africa Fat Replacers Market is consolidated owing to the presence of major players holding the maximum market share. The most active companies are focusing on partnerships, expansion, mergers and acquisitions and product launches to cater to the demands of consumers. The key players in the market are Ingredion Incorporated, Tate & Lyle, Corbion and Lesaffre.
Reasons to Purchase this report:
- Frequent changes in dietary advice have created consumer skepticism about the “expert opinions” of dietitians and nutrition researchers. Thus, consumers have begun taking care of their health and have reduced fat intake. This trend is aiding the growth of the fat replacers market.
- Fat replacements provide an opportunity for individuals to reduce the intake of high-fat foods and enjoy reduced-fat formulations of familiar foods while preserving basic food selection patterns. The opportunity is driving the market’s growth.
Key Market Trends
Protein-Based Fat Replacers are the Fastest Growing Segment
Protein-based fat replacers have tremendous potential and are used in a variety of products, especially frozen and refrigerated ones. Protein-based fat replacers are not suitable to be used for frying foods, but they can be used in many heat applications. These proteins are heated and whirled in blenders to produce very tiny particles in a process called micro-particulation. Microparticulated Protein (Simplesse®) are reduced-calorie ingredients made from whey protein or milk and egg protein digested as a protein. The application includes dairy products (e.g., ice butter, cream, sour cream, cheese, yogurt), margarine, salad dressing, and mayonnaise, as well as baked goods, soups, coffee creamer, and sauces. Modified Whey Protein Concentrate (Dairy-Lo®) are controlled thermal denaturation and result in a functional protein with fat-like properties. It can be utilized in dairy products (cheese, yogurt, sour cream, and ice cream), frostings, baked goods, as well as salad dressing and mayonnaise.
Rising Utilization in Processed Meat Segment
In most of developed countries meat is a prominent part of the diet. But, health-conscious consumers are avoiding processed meat, due to the high cholesterol levels. Manufacturers of processed meat understand this consumer preference and have introduced processed meat products with fat replacers, to cater to the health-conscious consumers’ needs. Carbohydrate-based fat replacers have the creaminess of natural fat. They also absorb water, add volume, thicken, and stabilize foods. Due to these properties, it is mainly used in processed meat. The increasing disposable income among consumers in developing countries, is ,a prominent driver for the growth of processed meat, with fat replacers.
Competitive Landscape
The Africa Fat Replacers Market is consolidated owing to the presence of major players holding the maximum market share. The most active companies are focusing on partnerships, expansion, mergers and acquisitions and product launches to cater to the demands of consumers. The key players in the market are Ingredion Incorporated, Tate & Lyle, Corbion and Lesaffre.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 INTRODUCTION
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ingredion, Incorporated
- Corbion N.V.
- Tate & Lyle PLC
- Lesaffre
- IOI Corporation Berhad
- Ulrick & Short Limited
Methodology
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