The US Fat Replacers Market to Reach 349.5 Thousand Metric Tons by 2015, According to a New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive US report on the Fat Replacers market. The US market for fat replacers is forecast to reach 349.5 thousand metric tons by the year 2015. Key factors driving market growth include rising health concerns, ageing and growing obese population, and surging demand for low-calorie, low-fat and functional foods.
San Jose, CA (Vocus/PRWEB) January 13, 2011
Fat replacers market over the years has been growing at a healthy pace. However, during recent times the market grew moderately, primarily because of the gloomy economic scenario. Nonetheless, the market is primed for growth, as the demand for low-fat and fat free-products is increasing. Health is increasingly becoming an important issue in the food additives market. Greater demand for low-calorie, low-fat, and functional foods is driving demand for fat replacers, especially functional fat replacers. Fat replacers are anticipated to log significant growth in the meat and dairy sector, as low calorie and reduced-fat foods such as low-fat ice creams, spreads, and meat products are gaining huge popularity in these markets. Fat-based fat replacers are expected to register slow growth due to health concerns related to olestra, the largest selling fat-based fat replacer.
In terms of volume, carbohydrate based fat replacers represent the largest as well as fastest growing product segment, as stated by the new market research report on Fat Replacers. In terms of value sales, protein-based fat replacers constitutes the fastest growing product segment, exhibiting a compounded annual growth rate of more than 5.0% over the analysis period. Dairy represents the largest end-use of carbohydrate-based fat replacers. On the other hand, meat and snack foods account for majority of the consumption of protein-based fat replacers and fat-based fat replacers, respectively.
Demand for fat-free foods is forecast to grow steadily, buoyed by increasing preference for healthier low carbohydrate diets. The trend is expected to catch up rapidly in developing countries as well. With obesity becoming a major concern among people in general and children in particular, reduced-fat food manufacturers are vying to exploit this opportunity to boost their sales. Another major trend in the US fat replacers market is the shifting of base by US manufacturers. Various US manufacturers are shifting their base towards emerging European markets for fat replacers. Producers are optimistic to gain a foothold in the European markets, as consumers are becoming increasingly aware of potential benefits offered by low-fat foods. Manufacturers are flooding the European markets with innovative products and technologies that enable food producers to design consumer acceptable low-fat products with taste and texture similar to fat.
Major players profiled in the report include Advanced Food Systems Inc., Ashland Aqualon Functional Ingredients, CP Kelco, California Natural Products, Carrageenan Company, FMC BioPolymer, Grain Processing Corporation, Gum Technology Corporation, Kraft Food Ingredients Corporation, National Starch Food Innovation Group, P&G Food Ingredients, PGP International Inc, TIC Gums Inc., and Z-Trim Holdings Inc.
The research report titled “Fat Replacers: A US Market Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the fat replacers markets, impact of recession on the markets, current market trends, key growth drivers, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for the US Fat Replacers market for the years 2007 through 2015. Key segments analyzed include Carbohydrate-Based Fat Replacers, Protein-Based Fat Replacers, and Fat-Based Fat Replacers. Carbohydrate-Based Fat Replacers are further classified into Starch-Based Fat Replacers and Hydrocolloid-Based Fat Replacers. Major end use industries analyzed include Dairy, Meat, Processed Food, Snack Food, Bakery & Confectionery and Other Industries. Also, a seven-year (2000-2006) historic analysis is provided for additional perspective.
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 reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
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