North American Fat Replacers Market Size, Share & Forecast To 2020-2026


Posted October 5, 2020 by rishabh3210

North American Fat Replacers Market Size, Share & Forecast To 2020-2026North American Fat Replacers Market Size, Share & Forecast To 2020-2026
 
The North American fat replacers market is projected to grow at a CAGR of 5.6% during the forecast period. The key factors that drive the market include the increased adoption of bakery and confectionery among several other food items. Fat replacers are broadly utilized in bakery & confectionery applications owing to their functional and health benefits. Fat replacers act as an emulsifier and provide flavor, prevent food from going stale, prevents starch retrogradation, and for the conditioning among others. Thus, owing to such benefits, it is widely used in the bakery and confectionery applications, thereby, contributing to the growth of the North American fat replacers market growth.

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Moreover, the increased concerns of people regarding health also enhance the growth of the market, as the consumers seek food items that contain less fat content and low-calories; thus, drives the growth of the market over the forecast period. Additionally, fat replacers also enhance the flavor, color, and vitamins in the food. Thus, these benefits altogether are likely to enhance the growth of the North American fat replacers industry growth over the forecast period.

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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

North America 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

Beverage

North America Fat Replacers Market – Countries Covered

United States
Canada

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Tags north american fat replacers market size , share forecast to 20202026
Last Updated October 5, 2020