The Fat Replacers Global Market Report 2023, provides comprehensive information on the fat replacers market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Fat Replacers Global Market Report 2023, the market size is expected to grow from $2.61 billion in 2022 to $2.79 billion in 2023 at a compound annual growth rate (CAGR) of 7.07%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of fat replacers market is expected to reach $3.54 billion in 2027 at a CAGR of 6.11%.
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Advancements in emulsion and encapsulation technologies are a key trend gaining popularity in the fat replacers market. Companies operating in the fat replacers market are utilizing advanced food processing techniques and formulation technologies to create innovative and healthier alternative products and sustain their position in the market. For instance, in February 2022, Givaudan, a Switzerland-based flavor and fragrance company, launched PrimeLock+, an integrated technology designed to encapsulate and safeguard the flavor and fat components within plant-based meat alternatives. This innovative solution enables the gradual release of the encapsulated elements during cooking and consumption, leading to a reduction of up to 75% in fat content and 30% in calories in the final product. By leveraging PrimeLock+, companies can develop lower-fat, plant-based food offerings like burgers, sausages, and meatballs while enhancing the overall sensory experience for consumers.
The fat replacers market is segmented:
1) By Type: Carbohydrate, Protein, Lipid, Other Types
2) By Source: Plants, Animals
3) By Form: Liquid, Powder
4) By Application: Convenience Food And Beverages, Bakery And Confectionery Products, Sauces, Dressings And Spreads, Dairy And Frozen Desserts, Other Applications
North America was the largest region in the fat replacers market in 2022.
The table of contents in TBRC’s fat replacers market report includes:
- Executive Summary
- Fat Replacers Market Characteristics
- Fat Replacers Market Trends And Strategies
- Fat Replacers Market – Macro Economic Scenario
5.Global Fat Replacers Historic Market Size and Growth
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- Global Fat Replacers Market Competitive Benchmarking
- Global Fat Replacers Market Competitive Dashboard
- Key Mergers And Acquisitions In The Fat Replacers Market
- Fat Replacers Market Future Outlook and Potential Analysis
- Appendix
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