Global Fat Replacers Market Indicates Notable CAGR growth by 2027 | Key Players are FMC Corporation, Associated British Foods Plc, Ashland Global Holdings Inc., etc.
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Fat replacers are finding large application in the production of cookies, salad dressings, frozen desserts, low-fat cheese, chips, and ice-creams. Manufacturers are developing new products in fat-based fat replacers. These products are likely to use a combination of fat and oil and find large application in products including chips, baked goods, and snack foods. Majority of the new products with low-fat content made using fat replacers are awaiting approval by Food and Drug Administration. Increasing number of dairy product manufacturers are replacing expensive butterfat with vegetable fat owing to its cost-effectiveness and numerous health benefits. Manufacturers are focusing on improving structural quality and taste of fat replacers for use in dairy products. The increasing demand for fat-free dairy products offering flavor and taste similar to the traditional dairy products is resulting in new fat replacer development.
Production of the high quality of milk fat replacers made using specific vegetable fat blends is growing. These fat replacers used in a wide range of dairy products including cheese, butter, and whipping cream are extremely cost-effective, resulting in high adoption in developing regions.
Low-fat dairy beverages are also gaining traction across the globe with the introduction of new flavors and rise in health consciousness among consumers owing to increasing instances of obesity.
Studies Claiming Health Benefits of Full-Fat Dairy Products to Impact Fat Replacers Growth
Various global studies have found that consuming full-fat dairy can lead to a lower rate of cardiovascular diseases compared to the consumption of low-fat dairy products. A recent study published in The Lancet found that people consuming three servings of whole fat dairy every day have a lower rate of cardiovascular disease.
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Another study was undertaken by an international consortium established by researchers from North America, Europe, Asia, and Australia. The consortium examined the relationship of fatty acid biomarkers with diseases. In all the 16 studies, researchers found that a higher concentration of dairy-fat biomarkers associated with lower risk of developing type 2 diabetes. Also, research presented at ESC Congress 2018, claimed that with exception of milk, dairy products protect against mortality from cerebrovascular disease. Hence, all the new studies boldly challenge stance of governmental organizations that advice people to avoid full-fat dairy due to the impact on cholesterol levels.
Although there has been a trend of consuming low-fat and fat-free dairy products. The aforementioned studies and more studies being carried on consumption of full-fat dairy products are likely to hamper the growth of fat replacers used in the production of low-fat dairy products.
In addition to growing consumer demand for low-fat food products, governments across the globe are introducing new regulations on consumption of foods containing fat, along with setting a limit on daily consumption of fat. Various policies that regulate and restrict trans fatty acids have been introduced in some countries. Switzerland, Denmark, and some states in the US have adopted regulatory approaches to controlling trans fatty acids in food products.
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