South America Fat Replacers Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 1.80 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
South America Fat Replacers Market Analysis
The South America fat replacers market is projected to grow with a CAGR of 1.8% during the forecast period (2020 - 2025).
- Chemically, fat replacers resemble fats, proteins, or carbohydrates. The rising awareness regarding health issues among consumers is making them change their dietary habits and eat less amount of fat. Therefore, owing to these reasons, fat replacers have a huge market opportunity. At present, fat replacer is a boon for society, as the high fat intake can lead to obesity and cause cancer, high blood cholesterol, or coronary heart disease. Furthermore, the rising demand for low-calorie and low-fat diet is identified as one of the primary growth factors for the fat replacer market. By choosing these alternative food options, health-conscious consumers can maintain their basic food selection patterns and easily adhere to a low-fat diet.
South America Fat Replacers Market Trends
This section covers the major market trends shaping the South America Fat Replacers Market according to our research experts:
Rising Demand for Carbohydrate-based Fat Replacers
Carbohydrate-based fat replacers help retain texture, moisture, viscosity, and provide mouth-feel and continue to lead the market because of its status as US FDA recognized GRAS substances. Cellulose (Avicel® cellulose gel, MethocelTM, Solka-Floc®) can replace some or all of the fat in dairy products, sauces, frozen desserts, and salad dressings. Finely ground micro-particles of cellulose provides a non-caloric network with the smoothness and flow properties similar to fat. Fiber-based products, such as guar gum, locust bean, xanthan gum, gum arabic, pectins, and carrageenan have virtually no calories. They provide a thickening or gelling effect and promote a creamy texture within the food. For instance, Gums, Kelcogel, Keltrol, Slendid, can be used in reduced-calorie and fat-free salad dressings. They can also be used to reduce the fat content in formulated foods such as processed meats and desserts.
Argentina Holds the Largest Market Share
In Argentina, the growing awareness about food in general and food additives, in particular, indicates that more and more consumers currently take due consideration of the different food ingredients before consumption. In addition, owing to the encouragement from health groups and health organizations, consumers are choosing food and beverages that are low in fat. With the availability of a range of fat replacers, many low-fat or fat-free products are increasingly made available in Argentina. The increasing utilization of fat replacers for texture enhancement, stabilization, and emulsification in baked goods and confectioneries drives the market growth in the region. Investments in nutritional health food products are expected to boost the demand for fat replacers in Argentina.
South America Fat Replacers Industry Overview
The South America fat replacers market is competitive in nature having a large number of domestic and multinational players competing for market share. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the regional market include Gelita, Fiberstar, Inc., Beneo GmbH, AAK AB, and Biovelop AB, among others.
South America Fat Replacers Market Leaders
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Gelita
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Fiberstar, Inc.
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BENEO GmbH
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AAK AB
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Biovelop AB
*Disclaimer: Major Players sorted in no particular order
South America Fat Replacers Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Source
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5.1.1 Plant
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5.1.2 Animal
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5.2 By Type
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5.2.1 Carbohydrate-Based
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5.2.2 Protein-Based
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5.2.3 Lipid-Based
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5.3 By Application
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5.3.1 Bakery and Confectionery
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5.3.2 Beverages
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5.3.3 Processed Meat
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5.3.4 Convenience Food
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5.3.5 Others
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5.4 By Country
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5.4.1 Brazil
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5.4.2 Argentina
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5.4.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Gelita
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6.4.2 Fiberstar, Inc.
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6.4.3 Beneo GmbH
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6.4.4 AAK AB
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6.4.5 Biovelop AB
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Fat Replacers Industry Segmentation
The South America Fat Replacers Market is segmented by the source that includes plants and animals. Based on type, the market is divided into carbohydrate-based, protein-based, and lipid-based. The market is also bifurcated on the basis of application which includes bakery and confectionery, beverages, processed meat, convenience food, and others. The study also involves the analysis of regions such as Brazil, Argentina, and the Rest of South America.
By Source | |
Plant | |
Animal |
By Type | |
Carbohydrate-Based | |
Protein-Based | |
Lipid-Based |
By Application | |
Bakery and Confectionery | |
Beverages | |
Processed Meat | |
Convenience Food | |
Others |
By Country | |
Brazil | |
Argentina | |
Rest of South America |
South America Fat Replacers Market Research FAQs
What is the current South America Fat Replacers Market size?
The South America Fat Replacers Market is projected to register a CAGR of 1.8% during the forecast period (2024-2029)
Who are the key players in South America Fat Replacers Market?
Gelita, Fiberstar, Inc., BENEO GmbH, AAK AB and Biovelop AB are the major companies operating in the South America Fat Replacers Market.
What years does this South America Fat Replacers Market cover?
The report covers the South America Fat Replacers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Fat Replacers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Fat Replacers Industry Report
Statistics for the 2024 South America Fat Replacers market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. South America Fat Replacers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.