The UK fat replacers market is projected to grow at a CAGR of 6.6% during the forecast period. The presence of a well-established food & beverage industry in the country is one of the factors driving the market growth. As per the Food and Drink Federation in 2019, the food and drink industry in the UK is one of the largest manufacturing sectors contributing to the country’s growth. The key factors that drive the UK fat replacers market include the consumer shift towards healthy dietary habits across the country. Additionally, the European countries including the UK have taken initiatives to eliminate fat content from factory-made foods. As a result, the food companies under intense pressure substitutes their products with the fat replacers, and in turn, drive the growth of the UK fat replacers market during the forecast period.
The UK 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.
Further, Ashland Inc., Associated British Food Plc, Kerry Group Plc, and Tate & Lyle Plc are some of the prominent players functioning in the UK fat replacers market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market. Besides, the companies have also limited their fat content in the packaged food product.
Research Methodology
The market study of the UK fat replacers market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
The report is intended for fat replacer manufacturing companies, food manufacturing companies, beverage manufacturing companies, raw material suppliers, third-party distributors, research institutes, industry associates & experts, government organizations, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
Market Segmentation:
The Report covers:
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Market Determinants
3.1. Motivators
3.2. Restraints
3.3. Opportunities
4. Market Segmentation
4.1. UK Fat Replacers Market by Source
4.1.1. Protein-Based
4.1.2. Carbohydrate-Based
4.1.3. Lipid-Based
4.2. UK Fat Replacers Market by Application
4.2.1. Food
4.2.1.1. Dairy Products
4.2.1.2. Bakery & Confectionery
4.2.1.3. Processed Meat
4.2.1.4. Convenience Food
4.2.1.5. Others
4.2.2. Beverage
5. Company Profiles
5.1. Ashland Inc.
5.2. Associated British Food Plc
5.3. Beneo GmbH
5.4. Kerry Group Plc
5.5. RS Flavor Ingredients Ltd.
5.6. Tate & Lyle Plc
5.7. Ulrick & Short Ltd.
1. UK FAT REPLACERS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2019-2026 ($ MILLION)
2. UK FAT REPLACERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
1. UK FAT REPLACERS MARKET SHARE BY SOURCE, 2019 VS 2026 (%)
2. UK FAT REPLACERS MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
3. UK FAT REPLACERS MARKET SIZE, 2019-2026 ($ MILLION)