The global interesterified fats market is expected to be worth US$ 4,486.2 million in 2023. Total interesterified fat sales are expected to grow at a 5.9% CAGR from 2023 to 2033, valuing the market at US$ 7,439.4 million by the end of 2033.
Interesterification regulates the melting profile of unsaturated and saturated fat blends. For around 20 years, interesterification was being used by scientists only in lab settings, producing a few kilos of product per hour. Only a few companies, such as Wilmer International Ltd. and Archer Daniels Midland Co., were developing interesterified fat products using the process.
Consuming dietary goods containing trans-fatty acids created through the industrial partial hydrogenation process has severe cardiovascular health repercussions, as consumers become aware over time. This has resulted in volunteer initiatives and governmental actions in several countries to eliminate so-called “industrial” trans-fatty acids in food items.
In the United Kingdom, voluntary food industry efforts have caused a significant reduction in the mean trans-fatty acid intake in adults and children, as manufacturers, like Cargill, have found and implemented the noteworthy replacement in the production with interesterification process, to eliminate “industrial” trans-fatty acids in meals, boosting the market growth.
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Incorporating interesterified fats into meals increases desirable functional properties while eliminating the requirement for trans-fats and lowering the saturated fatty acid (SFA) content by 10-20%, resulting in a functional fat with more potential health benefits. The average daily energy intake through interesterified fats mixes is estimated to be between 4-10%.
As a result of this, the demand for interesterified fats is increasing globally. This also has led to a new trend in market and food processing manufacturers are compelled to incorporate such healthy ingredients in their food products. This is ramping up the interesterified fats sales.
Key Takeaways from Market Study
- Interesterified fats market in Europe will account for 31.9% of global sales in 2022.
- Demand in Asia Pacific also will grow at a high pace, thanks to expansion of food processing industry in India, China, Japan, and other countries.
- Although by application, the food processing industry holds the highest market share, cosmetics and personal care segment are set to expand at a CAGR of 5.9%.
- Enzymatic interesterification will register high demand across the world, accounting for maximum share in the market in terms of interesterification process.
Competitive Landscape
Key manufacturers of interesterified fats are majorly focusing on research & development to enhance the quality of their products. These manufacturers also participate in various exhibitions and events around the world to increase the awareness of their products.
- The British Nutrition Foundation (BNF) and King’s College London hosted a one-day roundtable session in March 2019 to examine the usage of interesterified fats in the food chain, current knowledge of their health consequences, and recommendations for future study and communication to key stakeholders.
- IPB SEAFAST Center has developed enzymatic interesterification for fat processing, one of which uses fully hydrogenated soybean oil (source of SOS) and a mixture of PMF soft substrate (source of POP) as the raw materials, ramping up demand for the product.
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Segmentation Analysis of Global Interesterified Fats Market
By Interesterification Process:
- Chemical
- Enzymatic
By Source:
- Palm Oil
- Sal
- Illpe
- Shea/ Shea Nut Oil
- Kokum Gurgi
- Mango Kernel
- Coconut Oil
- Sunflower Oil
- Soybean Oil
- Canola Oil
By End Use Application:
- Food Processing
- Pharmaceuticals
- Cosmetics and Personal Care
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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Author
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
Key Questions Answered in the Report
What was the market for interesterified fats worth in 2021?
The global interesterified fats market value was around US$ 226 Mn in 2021.
At what CAGR is the interesterified fats market poised to expand through 2032?
Interesterified fats market revenue is expected to increase at a CAGR of around 5% during the period 2022-2032.
How has the performance of interesterified fats market been over the past half-decade?
Interesterified fats sales increased a CAGR of around 3% over the past half-decade.
What are the drivers of interesterified fats market?
Increasing use of interesterified fats in the food industry, rising population fuelling an increase in food demand, minimal energy consumption of the process, and long shelf life of the product are the primary drivers propelling the global interesterified fats market forward.
Who are the key players operating in the interesterified fats market?
Bunge (Loders Croklaan), Archer-Daniels-Midland Co., Adams Group, Cargill Incorporated, and Wilmar International Limited are expected to be the top players driving the market growth.
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