Interesterified fats were introduced as a suitable replacement for Trans fats. Interesterified fats have been chemically or enzymatically altered to improve their texture, nutritional profile, melting point & shelf stability. They’re produced by combining stearic acid, found in chocolate and considered a relatively safe saturated fat, with vegetable oils containing unsaturated fat. Interesterified fats are developed to take the place of trans fats in commercially produced baked goods & snack foods. Interesterified fats are used in a wide range of food products and were introduced as a replacement for trans fats, which are known to be detrimental to cardiovascular health.Considering these factor, Interesterified fats market is expected to register a single-digit compound annual growth rate (CAGR) from 2018 to 2028. The Interesterified fats market across the globe has grown significantly owing to the increased risk of cardiovascular disease (CVD), which remains one of the biggest public health concerns, is expected to increase the manufacturing and sales of Interesterified fats globally. Governmental support for a holistic approach to health products also lay a positive impact on Interesterified fats market.
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Interesterified Fats Market Dynamics
Increasing Instance of cardiovascular disease: Cardiovascular diseases (CVD) remains one of the biggest public health concerns and have been officially deemed to cause a significant number of deaths across the globe and people are refraining from consuming food products with a high content of trans-fats. Food manufacturers are including interesterified fats in their products to cater to the demands of health-conscious consumers. This is fueling global market revenue growth significantly.
Growing demand for interesterified fats in the bakery industry: The bakery industry has been witnessing significant growth over the last few years, and there is a steady increase in demand for fats with better taste, texture, and shelf life. Manufacturers in the oils and fats industry are upping their product portfolio to include interesterified fats. This will boost the application of interesterified fats in the bakery sector.
Regulations pertaining to the elimination of trans-fatty acids from food products: With increasing awareness around the ill effects of consuming fatty food products, food safety authorities around the globe are implementing stringent rules and regulations limiting the use of trans-fats in food production. For Instance, in 2015, the FDA gave food manufacturers three years to stop using trans-fat completely, although they can apply for an exemption if necessary. To replace trans-fat, food producers are increasingly turning to interesterified fat. This will be triggering global demand for interesterified fats in the food and beverages sector.
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Global Interesterified Fats Market Player
Some of the prominent players operating in the global interesterified market include Bunge Ltd., Archer-Daniels-Midland Co., Ventura Foods, Adams Group, Cargill Incorporated, Wilmar International Limited, Intercontinental Specialty Fats Sdn. Bhd, 3F Industries Limited, Oleo-Fats Inc., De Wit Specialty Oils, IOI Corporation Berhad, Liberty Oil Mills Ltd., Fuji Oil Holdings Inc., Mewah International Inc. and others.
The research report presents a comprehensive assessment of the Interesterified Fats Market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Interesterified Fats Market segments such as geographies, nature and end-use industries.
Global Interesterified Fats Market Player
Among all the regional markets, North America is estimated to dominate the interesterified fats market in terms of revenue share, followed by Europe and the Asia Pacific. Interesterified fats markets in Europe are expected to grow significantly over the forecast period. Consumption of interesterified fats is relatively high among consumers in the Europe region, which is expected to drive the interesterified fats market growth in the near future. The Asia Pacific and Latin America are expected to register higher growth in terms of value over the forecast period.
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