Surge in Obesity Levels and Rising Preference for Low-Fat Food to Drive the Market for Fat Replacers, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) June 25, 2014 -- Follow us on LinkedIn – Fat replacers, also known as fat substitutes, are ingredients offering functional properties similar to fat, but with relatively low fat content. While fat, a vital source of energy is crucial for the functioning of the human body, excessive consumption raises the risk of numerous diseases such as obesity, coronary heart disease (CHD), high cholesterol, as well as certain types of cancer. With rising incidence of obesity and associated diseases worldwide emerging as a major health concern, the food & beverage industry is under immense pressure from regulatory authorities to reduce fat and sugar content in processed products. Further, there has been a shift in consumer preference for low-fat, non-fat and fat-free food & beverage products. As a result, manufacturers of processed foods are looking for alternatives to fat in food products as a strategy to sustain profit margins and echo consumer sentiment. The market for fat replacers is also expected to benefit from the propagation of low fat diets by healthcare associations and practitioners. Also, technology developments that enable use of fat replacers without the least impact on food flavor and texture, have aided in its widespread use.
Despite the opportunities for growth, far replacers are plagued by safety concerns including the perception that lower fat intake could increase the risk of nutrients depletion in the body. As a result, manufacturers of fat replacers are required to comply with legislative specifications and gain approval for their products. Manufacturers are also required to follow labelling guidelines for their products. The market is also challenged by the growing perception that consumption of full-fat food products offers superior weight management as opposed to consuming low-fat foods.
As stated by the new market research report on Fat Replacers, the United States represents the largest market worldwide, closely followed by Europe. Driven by rising obesity levels and associated diseases, Europe and the United States will continue to dominate the market. Emerging markets are expected to register strong growth in the coming years. With explosive population growth, rapid industrialization and busy lifestyles spurring consumption of processed foods in Asia-Pacific and Latin America, the need to reduce fat as a strategy for weight management is expected to propel growth in these regions.
Carbohydrate-Based Fat Replacers represents the largest product market supported by increasing consumer preference for natural additives. Derived from natural sources, carbohydrate-based fat replacers benefit from the growing opposition to toxins such as pesticide residues in products with artificial or synthetic ingredients. Protein-based fat replacers is forecast to emerge as the fastest growing market with a CAGR of 5.9% over the analysis period led by their extensive use in processed food products such as processed meat.
Key players covered in the report include Advanced Food Systems Inc., Archer Daniels Midland Company, Ashland Inc., CP Kelco, Cargill Inc., E.I. du Pont de Nemours and Company, FMC Corporation, Grain Processing Corporation, Penford Corporation, P&G Chemicals, PGP International Inc., TIC Gums Inc., and Z-Trim Holdings Inc., among others.
The research report titled “Fat Replacers: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, issues, challenges, and other strategic activities of major companies. The report provides market estimates and projections for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil, and Rest of Latin America) and Rest of World. Product segments analyzed include Carbohydrate-Based Fat Replacers, Protein-Based Fat Replacers and Fat-Based Fat Replacers.
For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Fat_Replacers_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Telephone: 408-528-9966
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Raghu Gopal, Global Industry Analysts Inc, +1 408-528-9966, [email protected]
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