The global salatrim market size is projected to be valued at US$ 9.1 Billion in 2032 and is likely to exhibit growth at a CAGR of 4.6% in the forecast period from 2022 to 2032. The demand for salatrim is set to grow in future years owing to its usage as a fat replacer in the food industry. As per FMI, the global salatrim market is expected to reach US$ 3.5 Billion in 2022.
| Report Attribute | Details |
| Salatrim Market Estimated Base Year Value (2021) | US$ 2.8 Billion |
| Salatrim Market Expected Market Value (2022) | US$ 3.5 Billion |
| Salatrim Market Anticipated Forecast Value (2032) | US$ 9.1 Billion |
| Salatrim Market Projected Growth Rate (2022-2032) | 4.6% CAGR |
Salatrim is considered to be a modified triacylglycerol that is used as a fat substitute owing to its possession of low calories, as compared to the original sources of fat that are utilized in various food products. It is the acronym for long- and short-chain acyl triglyceride molecules.
It is mainly composed of short chain stearic acid and fatty acids, but contain fewer calories. The stearic acid present in this chemical is usually absorbed from the gastrointestinal tract at a slow rate.
Sales of salatrim are anticipated to grow rapidly in future with its increasing acceptance by healthcare organizations as it is safe for consumption. Rising occurrence of various health problems because of the surging body fats is another factor that is set to bode well for the global market.
Increasing adoption of sedentary lifestyles and high disposable income of people in both developed and developing countries are set to propel the cases of obesity in the evaluation period. It is further expected to lead to liver, heart, and blood sugar problems in people. Salatrim being a fat replacer is thus projected to showcase immense popularity in the food industry.
According to the World Health Organization (WHO), since 1975, global obesity has nearly tripled. In 2016, more than 340 million adolescents and children belonging to the age group of 5 to 19 years were obese, while about 39 million children below the age of 5 years were overweight in 2020. These numbers are anticipated to surge at a rapid pace in the upcoming years, thereby accelerating the salatrim market growth.
Though salatrim is currently being developed as an alternative to fats in bakery and confectionery products, their excessive intake can lead to gastrointestinal disorder and mild stomach pain. Even though it is proven safe for human consumption, doctors prescribe the intake of about less than 30g per day to avoid these side effects. Thus, government bodies regulate its distribution and it is not available for direct sales. These factors may obstruct the demand for salatrim in the evaluation period.
Based on region, North America is projected to generate the largest salatrim market share in the assessment period. This growth is attributable to the rising consumption of a wide range of bakery and confectionery products across the U.S. and Canada.
The surging demand for processed food products, such as ready meals and savory snacks in these countries is gradually propelling the number of health-related problems, including obesity, heart diseases, and high cholesterol. Thus, various food manufacturing companies based in North America are investing huge sums in the development of fat replacers, such as salatrim.
The high demand for dairy and frozen food products in emerging economies, such as India and China is anticipated to open new opportunities for major companies in Asia Pacific. The increasing usage of salatrim in confectionery, dessert items, and sweets in this region to reduce the high fat content is another crucial factor that is estimated to push the sales of salatrim in Asia Pacific.
It is also extensively used as an alternative to oils. Increasing awareness regarding health and wellness among consumers across Asia Pacific is projected to drive the market. In addition to that, the rising demand for chemical-free, organic, fat-free, and non-GMO food products in this region is set to propel the market.
Some of the renowned companies operating in the global salatrim market include CP Kelco, FMC Corporation Ltd., Penford Corporation Ltd., PGP Internationals, Cargill Inc., Advanced Food Systems Inc., Grain Processing Corporation, Ashland Inc., TIC Gums Inc., and Archer Daniels Midland Company among others.
Leading players present in the global market are focusing on partnering up with major food manufacturing companies to deliver their in-house products. At the same time, they are striving to strengthen their portfolios by introducing novel products and expanding their distribution channels across the globe. A few other key players are engaging in joint ventures with small-scale enterprises to gain a competitive edge in the market.
| Report Attribute | Details |
| Growth Rate | CAGR of 4.6% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Customization | Available Upon Request |
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The global salatrim market is set to exceed US$ 9.1 Billion in 2032.
North America is set to lead the salatrim market in the forecast period.
CP Kelco, FMC Corporation Ltd., Penford Corporation Ltd., PGP Internationals, Cargill Inc., Advanced Food Systems Inc., and Grain Processing Corporation are some of the renowned companies in the salatrim market.
Salatrim Market
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