Filling Fats Market Analysis

Filling fats market is expected to fuelled by product developments and rise in artisanal chocolate sector

After the health conscious trend led by the developed countries, a downward trend had been witnessed in the confection sector which is the capital of the filling fats market. Yet handmade chocolates or handmade chocolate filled/coated confection products, which is one of the fastest growing segments, utilizes filling fats as a key ingredient. Higher profit margins have encouraged small manufacturers to raise their overhead costs and expand their chocolate business. The demand from these artisan companies has spurred the growth of the filling fats market. A major factor which negatively impacts the growth of the filling fats market is the avoidance of fat-containing products by the health-conscious population. Hence, a notable trend being followed in the filling fats market is offering non-lauric filling fats (which are lower in saturated fats), having a healthier profile than lauric filling fats. At the manufacturers' end, notable product developments are being made on filling fats such as specially formulated filling fats which eliminate the tempering step, which saves time and reduces costs.  Focus on improving the shelf life stability of the filling fats is an additional pointer auguring the growth of the filling fats market through the strategy of product formulation.

Global Filling Fats Market: Examples of some of the market participants in the global filling fats market identified across the value chain include Cargill, Incorporated, Loders Croklaan B.V., Felda Iffco LLC, Fuji Oil Europe NV, Manorama Industries Private Limited, Wilmar International Ltd., Rieckermann GmbH AAK AB (publ.), Eksper Gida Pazarlama Sanayi Ve Ticaret A S, Sime Darby Plantation Berhad and Mewah Group amongst others.

Global Filling Fats Market: Key Developments

In 2016, the company AAK launched a new range of filling fats called Confao which are contain zero trans-fat and no hydrogenation.

Geographic expansion and expansion of production facilities are also being strategized by the filling fats manufacturers.

Opportunities for Filling Fats Market Participants:

The optimization of filling fats to deliver appropriate texture and feel of the end product creates a broad range of opportunities for the manufacturers to develop newer product types which are in line with today’s trends. Due to hectic lifestyles, consumers are opting for healthful snacks with indulgent fillings. Hence, the filling fats market can especially strengthen its position in the savory snack industry which are growing in demand.

Brief Approach to Research:

A modelling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the product types and end uses of the target product covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

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