The global fat replacers market is expected to reach USD 2.4 Billion in 2022, with sales growing at a CAGR of 6.2% over the assessment period, reaching USD 4.5 Billion by 2032.
| Attribute | Details |
|---|---|
| Fat Replacers Market Estimated Size (2022E) | USD 2.4 Billion |
| Projected Market Valuation (2032) | USD 4.5 Billion |
| Value-based CAGR (2022 to 2032) | 6.4% |
| Top 3 Countries' Market Share | 35% |
As per the report, sales of plant-based- fat replacer is expected to grow at a 6% CAGR over the forecast period. The fat replacers market is expected to account for 10% of the total fats and oils market globally in 2022. The share is expected to rise due to consumer inclination towards healthy eatables that have low fat and cholesterol levels to maintain good health.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Sales in the fat replacers market grew at a CAGR of 5.5% between 2017 and 2021. Fat replacers were developed to reduce the amount of fat in foods and to assist individuals in limiting their fat intake.
Some replacers are used as fat substitutes to replace fat in foods, while others are used as fat ‘mimetics' to replicate the sensory properties like taste and mouthfeel of fat while partly replacing fat. There is no single ideal fat substitute that can replicate all of the fat's physiological and sensory properties. Instead, a combination of substances is used to create the desired properties for specific usage.
Consumer preference for products that minimize intake of trans-fats and saturated fats to boost body immunity has increased. They are more aware of what goes into producing food products and carefully choose products that provide health benefits in addition to good taste.
Companies are investing in developing fat replacers that have low-fat content, sourced from organic ingredients. Carbohydrates–based fat mimetics are modified starches, cellulose, gums, and pectin. They are used in foods such as frozen desserts, salad dressings, sauces, and dairy products as they provide sensory properties like slippery and creamy texture, consistency, and mouth fullness.
Protein-based fat mimetics are derived from eggs, milk, whey, and gluten. They are used in dairy products such as cheese spreads, yogurt, cream cheese, and sour cream. Fat-based substitutes that are synthesized from fats and oils by enzymatic modification are also gaining popularity. Increasing applications of fat replacers in a wide range of dishes and food products is expected to boost sales at a 6.4% CAGR over the assessment period.
An increase in the risk of obesity is expected to boost the market for low-fat, fat-free food and beverages. Many dairy product manufacturers are replacing traditional butter with plant-based butter that is cost-effective and has multiple health benefits.
Governments across the globe are regulating fat content in eatables. There are strict rules restricting the sale of products containing fatty acids. This is expected to propel the demand for fat replacers that are plant-based and do not contain any chemical additives.
Fat substitutes are widely utilized in bakery and confectionery items, not only for their health benefits but also for their functional benefits. Fat substitutes aid in the absorption of flavour, colour, and vitamins in food. They serve as an emulsifier, and tenderizer, and also help in avoiding staleness, inhibiting starch retrogradation, and conditioning dough.
Consumers are seeking products that are low in calories and fat content, which in turn will continue pushing sales in the market. Fat replacers deliver functional benefits in bakery & confectionery products such as consistency and lustre, emulsification, and the prevention of sticky texture. Owing to these factors, the demand for fat replacers is expected to surge.
Principal Consultant
Growing Adoption of Milk Fat Replacers in the USA Will Fuel Growth
North America is one of the promising markets for fat replacers. Due to high consumer spending capacity and emphasis on maintaining a healthy lifestyle in the USA, demand for fat replacers is expected to gain traction over the forecast period.
Changes in dietary habits such as a reduction in the consumption of unhealthy fats to boost immunity against infections are expected to fuel sales of the fat replacer market. As per FMI, the USA fat replacer market is expected to reach a valuation of about USD 441.6 Million in 2022, which is approximately 24% of the global reduced fat replacers market.
Increasing Demand for Egg Fat Replacers in India Will Augment Sales
Rising awareness of healthy food alternatives among individuals in India is expected to boost the market in the forthcoming years. Key regional players are investing in developing technologies to produce fat replacers with minimal fat content without altering their normal texture and flavor.
Due to the prevalence of severe disorders such as high cholesterol and obesity, the demand for low-fat food products including low-fat milk, and yogurt has increased significantly. Manufacturers are focusing on replacing milk fat with milk fat replacers to limit fat intake. As per FMI, the India fat replacers market is expected to account for USD 224.4 Million in 2022, which is approximately 18% of the global fat replacers market.
The rising Adoption of Fat Replacers in Baking is Expected to Spur Demand in the United Kingdom
Meat is an important constituent of everyday meals in many European countries. Consumers spend a considerable amount on purchasing meat and meat products in terms of overall food expenditure. It accounts for roughly 30% of spending in Italy, Spain, Ireland, and the United Kingdom
Meat and meat products are linked to various diseases, and fat has long been recognized as one of the leading causes of cardiovascular disease. Obesity and cancer have also been linked to fat, trans fatty acids (FAs), cholesterol, and saturated fatty acids (FAs) in meat.
This has affected the demand in the meat sector adversely. Key players are investing in developing new fat replacement variants of good quality, which is expected to boost sales in the United Kingdom
Demand for Carbohydrate Fat Replacers to Remain High
Carbohydrate fat replacers account for 55% of the total fat replacers market. Carbohydrate fat replacers are gaining traction as they have low-calorie density and stabilizing, thickening, gelling, and texture-modifying properties.
Consumption of fats for a prolonged period has resulted in the formation of severe chronic diseases which has convinced consumers to limit the intake of traditional fats. Simple fat reduction alters the taste and affects the quality of products consumed. Fat replacers on the other hand do not minimize the quality of the product and help to achieve low-calorie and low-fat concentrations in foods.
Incorporation of Fat Replacers in Processed Meat Products Will Gain Traction
In terms of applications, the processed meat segment is expected to hold 40% of the total market share over the forecast period. Meat is an important constituent of everyday meals in many European and North American countries. Meat and meat products are linked to various diseases, and.
Fat has long been recognized as one of the leading causes of cardiovascular disease. Obesity and cancer have also been linked to fat, Trans fatty acids (FAs), cholesterol, and saturated fatty acids (FAs) in meat. This has affected the demand for the meat sector adversely, which is compelling manufacturers to incorporate fat replacers in processed meat products.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Fat replacement manufacturers are exploring new technologies that fulfill the rising demand for healthy food. Key manufacturers are developing new varieties of fat replacers with varying levels of fat content.
For instance
| Attribute | Details |
|---|---|
| Estimated Market Size (2022) | USD 2.4 Billion |
| Projected Market Valuation (2032) | USD 4.5 Billion |
| Value-based CAGR (2022 to 2032) | 6.4% |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Million for Value and Million. Sq. M. for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; and the Middle East & Africa |
| Key Countries Covered | The USA, Brazil, Mexico, Germany, the United Kingdom, China, India, Japan, Australia, and GCC Countries |
| Key Segments Covered | Form, Type, Source, End-Use Application, Sales Channel, and Region |
| Key Companies Profiled | Cargill Inc.; FMC Corporation; Kerry Group Plc.; Tate & Lyle Plc.; Royal DSM N.V; Ashland Global Holdings Inc.; Archer Daniels Midland Company; Ingredion Incorporated; Corbion N.V; Associated British Foods Plc. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The global fat replacers market is estimated to be worth over USD 2.4 Billion by 2022.
The global fat replacers market is forecasted to surpass USD 4.5 Billion by the end of 2032.
Demand for fat replacers grew at a 5.5% CAGR between 2017 and 2021.
The demand for fat replacers is expected to grow at a 6.5% CAGR between 2022 and 2032.
The North American fat replacers market will grow at 6.2% CAGR between 2022 and 2032.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type 5.1. Carbohydrate 5.2. Lipid 5.3. Protein 5.4. Others 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Source 6.1. Plant 6.2. Animal 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Form 7.1. Liquid 7.2. Powder 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 8.1. Processed Meat 8.2. Bakery and Confectionery 8.3. Beverages 8.4. Convenience Food 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales Channel 9.1. Offline Sales Channel 9.1.1. Supermarkets/Hypermarkets 9.1.2. Departmental Stores 9.1.3. Convenience Store 9.1.4. Other Sales Channel 9.2. Online Sales Channel 9.2.1. Company Website 9.2.2. E-commerce Platform 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. East Asia 10.5. South Asia 10.6. Oceania 10.7. Middle East and Africa 11. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 16. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 17. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 18. Key Countries Market Analysis 19. Market Structure Analysis 20. Competition Analysis 20.1. Cargill Inc. 20.2. FMC Corporation 20.3. Kerry Group Plc. 20.4. Tate & Lyle Plc. 20.5. Royal DSM N.V 20.6. Ashland Global Holdings Inc. 20.7. Archer Daniels Midland Company 20.8. Ingredion Incorporated 20.9. Corbion N.V 20.10. Associated British Foods Plc. 20.11. Dupont 20.12. Agritech Worldwide Inc. 20.13. Others (on additional request) 21. Assumptions & Acronyms Used 22. Research Methodology
Explore Food and Beverage Insights
View Reports
Fat Replacers Market
