Fat replacers, also called fat substitutes, are substances that take the place of all or some of the fat in a food and yet give the food a taste, texture, and mouth feel similar to the original full-fat food. Fat replacer reduces the amount of fat in food, and usually reduces calorie content of the food. They can be found in foods such as baked goods, cheeses, sour cream, yogurt, margarine, salad dressing, sauces, and gravies. Fat replacers are either carbohydrate-based, protein-based, or fat-based.
North America is expected to dominate the global fat replacers market over the forecast period
Increasing demand for low-calorie and low-fat diet food products are major factors expected to drive growth of the global fat replacers market. In addition, increasing demand for fat replacers in weight loss management programs is another factor expected to fuel growth to the global fat replacers market over the forecast period. Furthermore, rising focus on healthy living and food consumption among the individuals is further expected to drive growth of the global fat replacers market over the forecast period.
However, fat replacers do not compare well with full-fat counterparts available in the market in terms of taste and flavor, which can be a key factor expected to restrain growth of the global fat replacers market.
The trend in the global fat replacers market is adaptation of seaweed as a potential fat replacer in foods. Many food industries are using seaweed as a fat replacer in food products as it is considered rich in vitamins and minerals, and are low in calories. This property of seaweed is considered as desirable for food & beverage manufacturers.
The global fat replacers market report has been segmented on the basis of product, application, and region. On the basis of region, the global fat replacers market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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The market in North America accounted for highest revenue share in the global fat replacers market owing to rising health consciousness and increasing awareness regarding physical appearance among the individuals in the region. The market in Europe is expected to account for the second-highest revenue share contribution to the global fat replacers market, followed by markets in Asia Pacific, Latin America and Middle East & Africa respectively. The market in Asia Pacific is projected to witness fastest growth in terms of revenue owing to increasing demand for low-calorie food products and rising concerns about the adverse effects of fats and calories in foods.
Prominent players in the global fat replacers market includes Cargill Incorporated, Ingredion Incorporated, Archer Daniels Midland Company, Ashland Global Holdings Inc., Kerry Group PLC., DKS Co Ltd., Ingredion Incorporated, Agritech Worldwide Inc., Allana Group Of Companies, E. I. du Pont de Nemours and Company, and Koninklijke DSM N.V.