Global Salatrim Market size was valued at US$ 518.96 Mn. in 2022 and the total revenue is expected to grow at 3.98% through 2023 to 2029, reaching nearly US$ 682 Mn.Salatrim Market Overview:
Salatrim is an abbreviation for Short and Long Chain acyl triglyceride molecule. It is used on a large scale as a fat replacement that helps people in feeling full stomach even after consumption of a little amount of food. Salatrim is a synthetic element that is manufactured in laboratories by rearranging fatty acids of triglycerides with hydrogenated vegetable oils. Salatrim is used on a large scale in manufacturing medicine and food products consumed by people aiming for serious weight loss. The increasing population, rising health concerns, fashion trends, and growth in the number of people suffering from Obesity have resulted in the growth in the Global Salatrim Market.To know about the Research Methodology :- Request Free Sample Report
Salatrim Market Dynamics:
Increased consumption of food products that are rich in sugar has resulted in a rise in the number of people getting overweight or obese. Fast-paced life and little to no time for exercise have resulted in the total dependence on medicines for maintaining weight. This has resulted in the increased demand for low-calorie fat replacer components like Salatrim. The World Health Organization reports published in 2017 state that more than 1.9 Billion people having age 18 years and above were overweight and 650 Million of these people are obese. With more than 13% of the world’s population suffering from obesity, Salatrim provides an excellent and efficient medicine to reduce weight. Rising preference for Bakery and Confectionery food products are observed to be the reason behind increased cases of obesity. An increase in demand for healthy food products has increased the consumption of Salatrim laced food products that suppresses hunger and helps in reducing and maintaining weight. According to an article written by Lone Serensen, Heidi Cueto, Jens Hoist, and others published in the American Journal of Clinical Nutrition states that the Salatrim Meal provided a greater subjective feeling of fullness than the traditional fat meal. This research has resulted in the increased consumption of Salatrim in the American market.Restraints:
Scientific evidence about the use of Salatrim in weight reduction is largely theoretical in nature with little proof. This is the major restraining factor here. The European Health Commission has issued an advisory to label the food products that contains Salatrim as a prime component. This has resulted in negative publicity for Salatrim in the Digital Media and social media platforms.Salatrim Market Segment Analysis:
By Nature, this segment is bifurcated into Organic Salatrim that is processed with natural and organic products and Conventional Salatrim that is processed with synthetic materials. It is observed that Conventional Salatrim leads in the Global Consumption with more than 70% of the total consumption. Change in preference from conventional to organic food products has increased the consumption of Organic Salatrim. By Applications, Medicines made for reducing weight are the major consumers of Salatrim. It is observed that Medicines consume more than 25% of the total Salatrin produced. Health supplements and beverages consumed by people to reduce and maintain weight consumes more than 30% of the total Salatrim produced. A new segment of cooking oil made by mixing Salatrim as its main component is observing a rise in demand. Different Food Products are mixed with Salatrim to suppress hunger and maintain weight. It is observed that Medicines made by Salatrim and health supplements made by using Salatrim as its prime component contribute 45% of the total revenue generated by the Global Salatrim Market. The above pie chart demonstrates the application of Salatrim in different products. It is observed that Medicines that help in suppressing hunger are the major consumers of Salatrim. Salatrim is one such component that has proven to be excellent as a hunger suppressant. This has resulted in including Salatrim on a large scale in weight management programs and medicines on controlling hunger. It is observed that more than 30% of medicines available in the market for hunger suppression have Salatrim as its prime component. Salatrim is used on a large scale in Medicines and Health Supplements for the same reason. Increasing preference for Health supplements as alternative food products and medicine in weight management has resulted in making Health Supplements the second-biggest consumer of Salatrim. An increase in the number of people suffering from obesity has increased the consumption of medicines and health supplements having Salatrim as a major constituent. Food Products mixed with Salatrim come in the third position. The rise in preference for eating food products mixed with Salatrim than taking medicines has increased demand for mixing Salatrim as a food additive. It is observed that food products mixed with Salatrim have observed a rise of 20% in demand in the USA. The same is the reason for beverages mixed with Salatrim that consumes more than 12% of the total Salatrim manufactured in the world.A new segment of Cooking Oil with Salatrim as its prime component is observing a rise in demand, especially in the region of North America and Europe. Salatrim laced cooking oil has observed a rise of a 30% in demand in the USA and a 45% rise in demand in Europe. This increased preference for Salatrim laced Cooking Oil has resulted in making the Cooking Oil segment the fifth-biggest consumer of Salatrim. Different other food products use Salatrim as per need.Regional Insights
The Above Pictorial representation clarifies the regional insights of the Salatrim Market. It is observed that North America is the biggest existing market for Salatrim. Increased health concerns, the presence of a large number of people suffering from obesity and weight-related issues, and rising demand for low-fat low-calorie food products have resulted in the growth in the Salatrim Market. The presence of a large population with expendable income and health concerns has resulted in the 40% of the total consumption of Salatrim by this region. Europe is the second biggest market for Salatrim. Rising health concerns and demand for sugar-rich products that are less harmful have resulted in the increased consumption of Salatrim in this region. Bakery and Confectionery products are mixed with Salatrim to maintain the consumption and reduction of weight. Despite serious health regulatory warnings by European Health Commission, Salatrim Market in this region has observed a 20% rise in sales in this region. Asia-Pacific region comes in the third position. Here, demand for Salatrim is limited in Dietary Products and weight loss medicines. The presence of a big population has rising fashion trends have resulted in a 30% increase in the sales of Salatrim in this region. South America holds a big existing market but growth here is very stagnant. The presence of low per capita income, lack of health concerns, and complex socio-economic factors are limiting the growth of the Salatrim Market in this region. The Middle East and Africa’s market is showing very low growth in Salatrim Market, the reason for which is the presence of different economical and political restraints. The objective of the report is to present a comprehensive analysis of the global Salatrim market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Salatrim market dynamics, structure by analyzing the market segments and Project the global Salatrim market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Salatrim market make the report investor’s guide.Salatrim Market Scope: Inquire before buying
Salatrim Market Base Year 2022 Forecast Period 2023-2029 Historical Data CAGR Market Size in 2022 Market Size in 2029 2018 to 2022 3.98% US$ 518.96 Mn US$ 682 Mn Segments Covered by Nature Organic Conventional by Application Food Products Health Supplements Cooking Oil Medicines Beverages Others Regions Covered North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America Key Players are:
1. Archer Daniels Midland Company 2. FMC Corporation Ltd. 3. PGP Internationals 4. TIC Gums Inc. 5. Penford Corporation Ltd. 6. Grain Processing Corporation 7. Advanced Food Systems Inc. 8. Wittington Investments 9. Ingredion Inc. 10.Kent Corp. 11.NAFA Pharmaceutical Company 12.Ashland 13.Cargill, Inc. 14.CP Kelco. 15.Anats S.A. 16.Parodi Nutra 17.SALMARIM 18.SALETRIX 19.Saltarin S.R.L. 20.Salaria S.R.L. Frequently Asked questions 1. What is the market size of the Global Salatrim Market in 2022? Ans. The market size Global Salatrim Market in 2022 was US$ 518.96 Million. 2. What are the different segments of the Global Salatrim Market ? Ans. The Global Salatrim Market is divided into Nature and Application. 3. What is the study period of this market? Ans. The Global Salatrim Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Salatrim Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Salatrim Market ? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Salatrim Market Size, by Market Value (US$ Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Salatrim Market 3.4. Geographical Snapshot of the Salatrim Market, By Manufacturer share 4. Global Salatrim Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Salatrim Market 5. Supply Side and Demand Side Indicators 6. Global Salatrim Market Analysis and Forecast, 2022-2029 6.1. Global Salatrim Market Size & Y-o-Y Growth Analysis. 7. Global Salatrim Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 7.1.1. Organic 7.1.2. Conventional 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Food Products 7.2.2. Health Supplements 7.2.3. Cooking Oil 7.2.4. Medicines 7.2.5. Beverages 7.2.6. Others 8. Global Salatrim Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Salatrim Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 9.1.1. Organic 9.1.2. Conventional 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Food Products 9.2.2. Health Supplements 9.2.3. Cooking Oil 9.2.4. Medicines 9.2.5. Beverages 9.2.6. Others 10. North America Salatrim Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Salatrim Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Salatrim Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Salatrim Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Salatrim Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Salatrim Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Salatrim Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Salatrim Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Salatrim Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Salatrim Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Salatrim Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Salatrim Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Salatrim Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Salatrim Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Salatrim Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Salatrim Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Salatrim Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Salatrim Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Salatrim Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Salatrim Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Salatrim Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Salatrim Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Salatrim Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Salatrim Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Salatrim Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Salatrim Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Salatrim Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Salatrim Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Salatrim Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Salatrim Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Salatrim Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Salatrim Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Salatrim Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Salatrim Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Salatrim Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Nature, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Salatrim Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Archer Daniels Midland Company 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. FMC Corporation Ltd. 45.3.3. PGP Internationals 45.3.4. TIC Gums Inc. 45.3.5. Penford Corporation Ltd. 45.3.6. Grain Processing Corporation 45.3.7. Advanced Food Systems Inc. 45.3.8. Wittington Investments 45.3.9. Ingredion Inc. 45.3.10. Kent Corp. 45.3.11. NAFA Pharmaceutical Company 45.3.12. Ashland 45.3.13. Cargill, Inc. 45.3.14. CP Kelco. 45.3.15. Anats S.A. 45.3.16. Parodi Nutra 45.3.17. SALMARIM 45.3.18. SALETRIX 45.3.19. Saltarin S.R.L. 45.3.20. Salaria S.R.L. 46. Primary Key Insights