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The growing consumer preference for low fat products, rising government initiatives, growing awareness for health and wellness, growing prevalence for obesity, and health benefits provided by fat replacers are factors driving the growth of global fat replacers market.
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Chronic disease is connected to a diet high in fat and cholesterol. As a result, it is up to consumers to cut down on fat calories. Fat replacer processors provide fat alternatives that are compatible with the food system. Perfect fat substitutes should have a variety of functions and able to transfer heat, as fat is a heat transfer medium that allows quick cooking. Heat transfer has potential to change texture, color, and flavor. Protein, carbohydrate, or fat replacers are considered as healthy diet. Replacers based on carbohydrates can be fully digestive, moderately digestible, or non-digestible, giving 0-4 kcal/g.
The global fat replacers market is segmented on the basis of source, type, application, and region. On the basis of source, the market is classified into plants and animals. The plants segment occupied a major share of the market in 2021, and is projected to maintain its dominance during the forecast period. Fat replacers sourced from animals are anticipated to grow at the highest CAGR in the future.
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Fat contains important sensory qualities that aid texture and mouthfeel, as well as the perception of lubricity in food and the overall taste component. As a result, food processors find it difficult to compensate for these qualities in fat-free food variations, stifling the expansion of the fat replacers industry. Overuse of fat replacers in a number of foods can increase stickiness and introduce unwanted flavors to cheese, all of which are expected to hinder sales.
Major players analyzed for the industry are Archer Daniels Midland Company, Ashland Global Holdings Inc., Associated British Foods Plc., BENEO, Corbion NV, CP Kelco U.S., Inc., Epogee, Grain Processing Corporation, Ingredion Incorporated, and JELU-WERK J. Ehrler GmbH & Co. KG. These major market players have adopted various strategies to expand their fat replacers market reach. The strategies adopted in the fat replacers market include product launch, merger, and acquisition. New market players are also entering the market with new products. These strategies are creating fat replacers market opportunities.
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