According to Future Market Insights, the global interesterified fats market is forecast to be valued at US$ 4,486.2 million in 2023. Total sales of interesterified fats are projected to accelerate at 5.9% CAGR during the assessment period, totaling a market valuation of US$ 7,439.4 million by 2033.
Rising demand for reduced trans fat products across the world is a key factor driving the interesterified fats industry forward. Interesterified fats have gained immense traction across the food processing industry as they are being increasingly used as a substitute for conventional fats that are unhealthy for human health.
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Consuming food items containing trans-fatty acids produced during the industrial partial hydrogenation process has detrimental cardiovascular health consequences.
In several nations, this has resulted in voluntary government measures and initiatives to reduce the so-called “industrial” trans-fatty acids in food products. This is creating a conducive environment for the expansion of intersterified fats market.
As a substitute for hydrogenation, interesterification of fats is being used more frequently to create the shortening and margarine bases. Food manufacturing companies are putting efforts to reduce the trans fat content in their products. This in turn is propelling demand for interesterified fats worldwide.
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% to 20%.
The rapidly expanding usage of interesterified fats in pharmaceutical and cosmetics & personal care industries is another factor fueling expansion of this industry.
Key Takeaways from the Report:
- Global sales of interesterified fats are forecast to rise at 5.9% CAGR during the assessment period, totaling a valuation of US$ 4,486.2 million in 2023.
- In terms of interesterification process, the enzymatic segment is projected to expand at 6.2% CAGR through 2033
- By end use application, food processing segment is likely to accelerate at 4.1% CAGR during the assessment period.
- Interesterified fats demand across India is forecast to surge at 5.7% between 2023 and 2033.
- The United States interesterified fats market is projected to progress at a CAGR of 4.5% between 2023 and 2033, attaining a valuation of US$ 1,494.2 million by 2033.
- China’s interesterified fats market is likely to exhibit a CAGR of 5.4% throughout the projection period.
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Who is Winning?
Leading companies operating in interesterified fats market Cargill Incorporated, Wilmar International Limited, Adams Group, Archer-Daniels-Midland Co., FUJI OIL CO., LTD., Novozymes, AAK KAMANI Pvt. Ltd., Oleofinos, and Willowton Group.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the interesterified fats market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.
The study provides compelling insights into the interesterified fats market based on interesterification process (chemical, enzymatic), source (palm oil, sal, illpe, shea/shea nut oil, kokum gurgi, coconut oil, sunflower oil, soybean oil, mango kernel, canola oil), and end use application (food processing, pharmaceuticals, cosmetics, & personal care) across several regions.
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Global Interesterified Fats Industry Segmentation:
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
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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