The Asia-Pacific fat replacers market is projected to grow at a CAGR of 8.1% during the forecast period. The key factors that drive the market include the changing lifestyle coupled with the lack of balanced dietary intake amongst the young population. Due to this, the growing concerns of the millennials inclines them towards the adoption of low cholesterol and skimmed food products, which substantially drives the growth of the market. Further, the growing number of new product launches and other key strategies adopted by the key players also positively influence the fat replacers market growth over the forecast period.
The Asia-Pacific fat replacers market is segmented on the basis of the source and applications. Based on the source, the market is segmented into protein-based fat replacers, carbohydrate-based fat replacers, and lipid-based fat replacers. The carbohydrate-based fat replacers segment is estimated to hold a prominent share in the market. Based on the application, the market is segmented into food and beverages. The food segment is the major application of fat replacers. The food segment is further sub-segmented into dairy products, bakery & confectionery, processed meat, convenience food, and others. Among these, the bakery & confectionery food segment is estimated to contribute a prominent share in the market.
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Asia-Pacific Fat Replacers Market Segmentation
By Source
- Protein-Based
- Carbohydrate-Based
- Lipid-Based
By Application
- Food
- Dairy Products
- Bakery & Confectionery
- Processed Meat
- Convenience Food
- Others
- Beverage
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Regional Analysis
- China
- India
- Japan
Rest of Asia-Pacific
Company Profiles
- Archer Daniels Midland Co.
- Overview
- ADM Co. in Fat Replacers Landscape
- ADM in Asia-Pacific
- Recent Developments
- AAK KAMANI Pvt. Ltd.
- Agri Asia Group Sdn Bhd
- Associated British Food Plc
- Cargill Inc.
- FGV IFFCO SDN BHD
- Ingredion Inc.
- Intercontinental Specialty Fats Sdn. Bhd
- Kerry Group Plc
- Tate & Lyle Plc
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