Fat Replacer Market is Predicted to Witness Growth at a CAGR of 6.4% by the Time Period of 2022-2032

The fat replacers market is expected to witness growth at a CAGR of 6.4% over the forecast period, reaching a valuation of US$ 4.5 Bn by 2032.

Though consumers are well versed with risks of consuming fats daily, people find it hard to cut down on their fat intake because fat makes meals flavourful and tempting. Under such circumstances, fat replacements are great options.

Fat substitutes are a safe and effective way to retain food palatability while improving overall calorie control. Fat replacers can be used to develop different food products rich in taste and low in fat content without adding on the pounds.

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Eating low-fat foods lessens overall calorie intake, resulting in weight loss. Fat substitutes can drastically improve the diet quality and aid in weight loss and maintenance. Salad dressings made with fat alternatives may encourage people to eat more vegetables and fruits which in turn will boost their immunity.

Obesity and its complications can be effectively tackled by combining a diet with fibre-based fat replacer and healthy lifestyle. Other benefits associated with consumption of fat replacer are enhanced glucose tolerance, higher HDL, lower lipid levels and systolic blood pressure, which would lower the risk of type 2 diabetes and cardiovascular disease

Surge in consumer spending capacity and easy availability of product variants across North America, Europe, and Asia has made it possible for customers to splurge on healthy and nutritious food products. On the back of the aforementioned factors, the fat replacers market is expected to expand at a considerable pace over the assessment period.

"Increasing adoption of fat replacers in the bakery and confectionery sector, along with rising demand for functional foods across the globe will augment the growth in the market over the forecast period," says an FMI analyst.

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Key Takeaways:

The fat replacers market is expected to increase at CAGRs of 6.3% and 6.5% in North America and the Europe, respectively, through 2032.
Market share of Latin America and Oceania is 4.9% and 4%, respectively, in 2022.
The European fat replacers market is expected to reach USD at 528 Mn
Growing customer preference for healthy and nourishing food and beverages to drive the sale of low-fat replacers across global markets.
By source, plant-based replacers the holds the highest market share and is expected to increase at a CAGR of 6.0%.

Competitive Landscape

Key manufacturers operating in the global fat replacers market are focusing on research & development to offer different varieties of low-fat content replacers. Leading players are also offering products that are organically sourced and non-GMO certified. For instance:

Global ingredient solutions company Ingredion has introduced NOVATION® Indulge 2920 starch a functional native starch to its range of clean and easy co-texturisers. The new offering is a corn-based starch that can help promote lower-fat and lower-calorie consumables as well as the production of healthy foods.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global fat replacers market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Reduced-Fat Replacers Market by Category

By Type:

Carbohydrate
Lipid
Protein
Others

By Source:

Plant
Animal

By Form:

Liquid
Powder

By Application:

Processed Meat
Bakery and Confectionery
Beverage
Convenience Food

By Sales Channel:

Offline Sales Channel
Supermarkets/Hypermarkets
Departmental Stores
Convenience Store
Other Sales Channel
Online Sales Channel
Company Website
E-commerce Platform

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

This release was published on openPR.