The US fat replacers market is projected to grow at a CAGR of 5.2% during the forecast period. The key factors that drive the US fat replacers industry include the increasing cases of obesity across the country over the forecast period. As per the Centers for Disease Control and Prevention, obesity is a common, serious, and costly disease. In the US, the prevalence of obesity was 42.4% during 2017-2018. There has been a significant rise in the cases of obesity and associated health problems with them, across the country. Obesity-related health problems heart disease, stroke, type 2 diabetes, and several cancer types that are leading causes of preventable and premature death. Thus, to control obesity, many alternatives are preferred by the consumers, thereby, this is likely to promote the growth of the US fat replacer market over the forecast period.
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Further, there is also a significant number of cases of CVDs in the country which leads to the demand for low-fat and low-calorie food items, as the consumers are switching towards the adoption of healthy diets. Thus, the increased concerns towards obesity to prevent other related diseases along with the general awareness regarding the health and lifestyles are likely to enhance the growth of the US fat replacer market over the forecast period. Moreover, the players present in the country are also contributing to the growth of the market, by adopting several growth strategies including product launches and innovations are also encouraging the US fat replacers market growth.
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Market Coverage
• Market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Source, By Application
• Competitive Landscape- Archer Daniels Midland Co., Ashland Inc., Grain Processing Corp., DuPont de Nemours, Inc., Ingredion Inc., and Kerry Group Plc
Key questions addressed by the report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
US Fat Replacers Market – Segmentation
By Source
• Protein-Based
• Carbohydrate-Based
• Lipid-Based
By Application
• Food
o Dairy Products
o Bakery & Confectionery
o Processed Meat
o Convenience Food
o Others
Company Profiles
• Archer Daniels Midland Co.
• Overview
• ADM Co. in Fat Replacers Landscape
• Recent Developments
• Ashland Inc.
• Associated British Food Plc
• Cargill Inc.
• CP Kelco US Inc. (A Huber Company)
• DuPont de Nemours, Inc.
• Epogee LLC
• Fiberstar Inc.
• Grain Processing Corp.
• Ingredion Inc.
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