脂肪替代品市场－全球产业规模、份额、趋势、机会及预测（按类型、应用、形态、原料、地区及竞争格局划分，2021-2031年）

全球脂肪替代品市场预计将从 2025 年的 29.3 亿美元成长到 2031 年的 43.4 亿美元，复合年增长率达到 6.77%。

这些配料旨在复製传统脂肪的功能和感官特性，例如稳定性、质地和口感，同时显着降低卡路里含量。市场成长的根本驱动因素是全球肥胖和心血管疾病负担日益加重。这场危机迫使监管机构对加工食品实施更严格的营养成分分析。此外，消费者对预防性保健态度的内在转变也是一个关键驱动因素，这促使食品製造商重新设计产品，以在不影响安全性和保质期的前提下降低卡路里密度。

然而，复製天然脂肪的精准风味释放和柔滑口感的技术挑战构成了巨大的市场壁垒，往往导致最终产品在感官上存在差异。未能满足这些感官预期会对品牌忠诚度产生负面影响，并阻碍消费者接受产品。国际食品资讯理事会（IFIC）预测，到2024年，44%的消费者将尝试限製或避免摄取饱和脂肪。这项数据凸显了製造商克服配方挑战的重要性，以便成功吸引日益注重健康的消费者群体。

市场驱动因素

全球范围内文明病和肥胖症的日益流行是推动全球脂肪替代品市场发展的主要因素，并显着改变了产品开发策略。随着心血管疾病等健康风险日益凸显，监管机构和消费者都在积极转向减少卡路里摄取。这一趋势迫使製造商采用先进的替代品，在降低能量密度的同时保持饱腹感。世界肥胖联盟于2024年3月发布的《2024年世界肥胖地图集》强调了这一局势的迫切性。报告指出，全球有超过10亿人患有肥胖症，凸显了改良加工食品配方以帮助体重管理的重要性。

同样重要的是脂肪模拟和质地优化的技术创新，这些创新使得在不影响感官体验的前提下开发低脂产品成为可能。微胶囊化和精准发酵技术的进步使製造商能够精确复製动物脂肪的口感，有效克服了传统的感官限制。例如，根据 Food Dive 2024 年 6 月的「配料新闻」报道，CSM Ingredients 推出了一种功能性解决方案，可在保持质地的同时，从配方中去除高达 30% 的脂肪。此外，作为这些先进技术投资的又一例证，Food Ingredients First 在 2024 年报道称，Melt&Marble 获得了 276 万欧元的欧盟津贴，用于拓展其基于发酵的定制脂肪业务。

市场挑战

复製天然脂肪的口感和风味释放的精准性是全球脂肪替代品市场的一大障碍。製造商们苦苦研发能够模仿传统脂肪复杂浓稠度和柔滑口感的替代品，但往往导致消费者感觉产品「口感单薄」或「有人工余味」。当低脂替代品无法提供这些预期的感官体验时，消费者满意度就会下降，导致復购率降低。感官预期与产品实际表现之间的这种差距有效地阻碍了更广泛的市场渗透，并将该品类限制在愿意在口味上做出妥协的小众群体中。

这种感官上的限制尤其突出，因为口味仍然是消费者选择的主要驱动因素，在决策流程中远比营养价值更重要。如果脂肪替代品影响了食用体验，那么无论其健康属性如何，该产品都难以取得商业性成功。国际食品资讯理事会（IFIC）预测，到2024年，85%的消费者将把口味作为其食品和饮料购买决策中最重要的影响因素。这项指标表明，市场成长受限于这样一个现实：仅靠健康属性无法弥补当今许多改良产品中存在的感官缺陷。

市场趋势

随着消费者越来越将成分可辨识度视为安全和品质的标誌，洁净标示和天然配方的兴起正在从根本上重塑市场格局。这一趋势迫使製造商用植物来源纤维、胶质和天然萃取物取代合成乳化剂和改性淀粉，从而在不牺牲功能性的前提下提高透明度。与受肥胖危机驱动的典型减卡路里策略不同，此次转变是由消费者对「无添加」标籤和简化成分錶的需求所驱动，因此需要对现有产品线进行广泛的重新评估。这一趋势对产业的影响深远。根据2024年4月报导在《食品製造》（Food Manufacture）杂誌上题为“到2026年，70%的配料组合将采用洁净标示”的文章，英联食品（Ingredion）的研究预测，未来两年内，洁净标示产品将占食品和饮料组合的70%，这凸显了供应商正在采取的积极的配料配方。

同时，植物来源肉和植物奶替代品的拓展，为旨在模仿动物脂肪结构完整性的脂肪替代品开闢了一条清晰且高价值的途径。该领域的主要目标并非仅仅是降低卡路里，而是要在纯素基底中复製特定的功能特性，例如热稳定性、大理石纹理和熔化特性。这种应用需要特殊的脂肪模拟物来弥合植物蛋白和动物脂肪之间的感官差距，从而推动对功能性成分的需求，而不仅仅是简单的质地改良。这项创新的资本投资规模庞大：根据良好食品研究所（Good Food Institute）于2024年4月发布的《2023年产业趋势报告》，植物来源肉、海鲜、蛋类和乳製品产业的公司在2023年筹集了9.077亿美元。这笔资金流入直接支持了不含动物源成分的新型脂肪成分的加速开发。

目录

第一章概述

第二章调查方法

第三章执行摘要

第四章：客户评价

第五章 全球脂肪替代品市场展望

• 市场规模及预测
  • 按金额
• 市占率及预测
  • 依类型（碳水化合物、脂类、蛋白质）
  • 依用途分类（烘焙/糖果甜点、调味酱料/涂抹酱、乳製品/冷冻甜点、其他）
  • 按形态（粉末和液体）
  • 按来源（动物性和植物性）
  • 按地区
  • 按公司（2025 年）
• 市场地图

6. 北美脂肪替代品市场展望

• 市场规模及预测
• 市占率及预测
• 北美洲：国家分析
  • 我们
  • 加拿大
  • 墨西哥

7. 欧洲脂肪替代品市场展望

• 市场规模及预测
• 市占率及预测
• 欧洲：国家分析
  • 德国
  • 法国
  • 英国
  • 义大利
  • 西班牙

8. 亚太地区脂肪替代品市场展望

• 市场规模及预测
• 市占率及预测
• 亚太地区：国家分析
  • 中国
  • 印度
  • 日本
  • 韩国
  • 澳洲

9. 中东和非洲脂肪替代品市场展望

• 市场规模及预测
• 市占率及预测
• 中东和非洲：国家分析
  • 沙乌地阿拉伯
  • 阿拉伯聯合大公国
  • 南非

10. 南美洲脂肪替代品市场展望

• 市场规模及预测
• 市占率及预测
• 南美洲：国家分析
  • 巴西
  • 哥伦比亚
  • 阿根廷

第十一章 市场动态

• 司机
• 任务

第十二章 市场趋势与发展

• 併购
• 产品发布
• 最新进展

第十三章 全球脂肪替代品市场：SWOT分析

第十四章：波特五力分析

• 产业竞争
• 新进入者的可能性
• 供应商电力
• 顾客权力
• 替代品的威胁

第十五章 竞争格局

• Cargill Inc.
• FMC Corporation
• Kerry Group Plc.
• Tate & Lyle Plc.
• Royal DSM NV
• Ashland Global Holdings Inc.
• Archer Daniels Midland Company
• Ingredion Incorporated
• Corbion NV
• Associated British Foods Plc

第十六章 策略建议

第十七章：关于研究公司及免责声明

The Global Fat Replacers Market is projected to expand from USD 2.93 Billion in 2025 to USD 4.34 Billion by 2031, achieving a CAGR of 6.77%. These ingredients are engineered to simulate the functional and sensory attributes of traditional fats, such as stability, texture, and mouthfeel, while delivering substantially lower caloric content. The market's growth is fundamentally propelled by the escalating global burden of obesity and cardiovascular diseases, a crisis that is compelling regulatory bodies to enforce stricter nutrient profiling for processed foods. Additionally, a primary catalyst is the intrinsic consumer shift toward preventative health management, which necessitates the reformulation of food products to reduce caloric density without sacrificing safety or shelf life.

However, the market faces a significant obstacle in the form of technical difficulties associated with replicating the precise flavor release and creamy mouthfeel of natural fats, which often results in sensory discrepancies in the final product. Failing to meet these sensory expectations can negatively impact brand loyalty and deter consumer acceptance. According to the International Food Information Council, 44% of consumers in 2024 reported efforts to limit or avoid saturated fat, a statistic that underscores the critical necessity for manufacturers to resolve these formulation challenges to successfully capture this growing demographic of health-conscious individuals.

Market Driver

The rising global prevalence of lifestyle-related diseases and obesity serves as the primary accelerator for the Global Fat Replacers Market, drastically reshaping product development strategies. As health risks like cardiovascular ailments become more pronounced, both regulatory bodies and consumers are aggressively shifting toward caloric reduction. This trend forces manufacturers to adopt advanced substitutes that lower energy density while maintaining satiety. The urgency of this situation is highlighted by the 'World Obesity Atlas 2024' from the World Obesity Federation, released in March 2024, which indicates that over one billion people worldwide are now living with obesity, underscoring the critical need for reformulating processed foods to support weight management efforts.

Equally critical are technological advancements in fat mimetic formulations and texture optimization, which enable the creation of low-fat products that do not compromise on the sensory experience. Innovations in microencapsulation and precision fermentation now allow manufacturers to mimic the precise mouthfeel of animal fats, effectively overcoming previous sensory limitations. For instance, a June 2024 report by Food Dive on 'Ingredients News' noted that CSM Ingredients launched a functional solution capable of removing up to 30% of fat from recipes without affecting texture. Further demonstrating the investment in these sophisticated technologies, Food Ingredients First reported in 2024 that Melt&Marble secured €2.76 million in EU grants to scale up its fermentation-based designer fat operations.

Market Challenge

The technical difficulty of replicating the precise mouthfeel and flavor release of natural fats constitutes a substantial impediment to the Global Fat Replacers Market. Manufacturers struggle to formulate substitutes that mimic the complex viscosity and creaminess inherent to conventional lipids, often resulting in products that consumers perceive as having a thin texture or artificial aftertaste. When low-fat alternatives fail to deliver this expected sensory experience, consumer satisfaction declines, leading to poor repeat purchase rates. This gap between sensory expectation and product performance effectively stalls broader market penetration, limiting the category to a niche demographic willing to compromise on taste.

This sensory limitation is particularly damaging because flavor remains the dominant determinant of consumer choice, heavily outweighing nutritional benefits in the decision-making process. If a fat replacer compromises the eating experience, the product is unlikely to succeed commercially regardless of its health profile. According to the International Food Information Council, in 2024, 85% of consumers ranked taste as the most impactful element in their food and beverage purchase decisions. This metric underscores that the market's growth is restricted by the reality that health attributes alone cannot compensate for the sensory deficits currently found in many reformulated products.

Market Trends

The proliferation of clean label and natural formulations is fundamentally restructuring the market as consumers increasingly equate recognizable ingredients with safety and quality. This trend compels manufacturers to replace synthetic emulsifiers and modified starches with plant-based fibers, gums, and natural extracts that offer transparency without compromising functionality. Unlike general caloric reduction strategies driven by obesity concerns, this shift is prioritized by the demand for "free-from" claims and ingredient simplicity, forcing a widespread overhaul of existing product lines. The industrial impact of this movement is substantial; according to an April 2024 article in Food Manufacture titled '70% of ingredient portfolios to be clean label by 2026', research from Ingredion indicates that clean label products are projected to constitute 70% of food and drink ingredient portfolios within the next two years, highlighting the aggressive reformulation strategy adopted by suppliers.

Simultaneously, the expansion into plant-based meat and dairy analogues is creating a distinct high-value avenue for fat replacers designed to mimic the structural integrity of animal lipids. In this sector, the primary objective is not merely caloric reduction but the replication of specific functionalities such as thermal stability, marbling, and melting profiles in vegan matrices. This application requires specialized fat mimetics that can bridge the sensory gap between plant proteins and animal-derived fats, driving demand for ingredients that function well beyond simple texturization. The scale of financial commitment to this innovation is evident; according to the Good Food Institute's '2023 State of the Industry Report' from April 2024, companies in the plant-based meat, seafood, egg, and dairy sectors raised $907.7 million in 2023, a capital influx that directly supports the accelerated development of novel animal-free fat ingredients.

Key Market Players

• Cargill Inc.
• FMC Corporation
• Kerry Group Plc.
• Tate & Lyle Plc.
• Royal DSM N.V
• Ashland Global Holdings Inc.
• Archer Daniels Midland Company
• Ingredion Incorporated
• Corbion N.V
• Associated British Foods Plc

Report Scope

In this report, the Global Fat Replacers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Fat Replacers Market, By Type

• Carbohydrate-Based
• Lipid-Based and Protein-Based

Fat Replacers Market, By Application

• Bakery & Confectionery Products
• Sauces
• Dressings & Spreads
• Dairy & Frozen Desserts and Others

Fat Replacers Market, By Form

• Powder and Liquid

Fat Replacers Market, By Source

• Animal and Plant

Fat Replacers Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Fat Replacers Market.

Available Customizations:

Global Fat Replacers Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Fat Replacers Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type (Carbohydrate-Based, Lipid-Based and Protein-Based)
  • 5.2.2. By Application (Bakery & Confectionery Products, Sauces, Dressings & Spreads, Dairy & Frozen Desserts and Others)
  • 5.2.3. By Form (Powder and Liquid)
  • 5.2.4. By Source (Animal and Plant)
  • 5.2.5. By Region
  • 5.2.6. By Company (2025)
• 5.3. Market Map

6. North America Fat Replacers Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type
  • 6.2.2. By Application
  • 6.2.3. By Form
  • 6.2.4. By Source
  • 6.2.5. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Fat Replacers Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Type
      • 6.3.1.2.2. By Application
      • 6.3.1.2.3. By Form
      • 6.3.1.2.4. By Source
  • 6.3.2. Canada Fat Replacers Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Type
      • 6.3.2.2.2. By Application
      • 6.3.2.2.3. By Form
      • 6.3.2.2.4. By Source
  • 6.3.3. Mexico Fat Replacers Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Type
      • 6.3.3.2.2. By Application
      • 6.3.3.2.3. By Form
      • 6.3.3.2.4. By Source

7. Europe Fat Replacers Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Application
  • 7.2.3. By Form
  • 7.2.4. By Source
  • 7.2.5. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Fat Replacers Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Application
      • 7.3.1.2.3. By Form
      • 7.3.1.2.4. By Source
  • 7.3.2. France Fat Replacers Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Application
      • 7.3.2.2.3. By Form
      • 7.3.2.2.4. By Source
  • 7.3.3. United Kingdom Fat Replacers Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Application
      • 7.3.3.2.3. By Form
      • 7.3.3.2.4. By Source
  • 7.3.4. Italy Fat Replacers Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Type
      • 7.3.4.2.2. By Application
      • 7.3.4.2.3. By Form
      • 7.3.4.2.4. By Source
  • 7.3.5. Spain Fat Replacers Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Type
      • 7.3.5.2.2. By Application
      • 7.3.5.2.3. By Form
      • 7.3.5.2.4. By Source

8. Asia Pacific Fat Replacers Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Application
  • 8.2.3. By Form
  • 8.2.4. By Source
  • 8.2.5. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Fat Replacers Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Application
      • 8.3.1.2.3. By Form
      • 8.3.1.2.4. By Source
  • 8.3.2. India Fat Replacers Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Application
      • 8.3.2.2.3. By Form
      • 8.3.2.2.4. By Source
  • 8.3.3. Japan Fat Replacers Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Application
      • 8.3.3.2.3. By Form
      • 8.3.3.2.4. By Source
  • 8.3.4. South Korea Fat Replacers Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Application
      • 8.3.4.2.3. By Form
      • 8.3.4.2.4. By Source
  • 8.3.5. Australia Fat Replacers Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Application
      • 8.3.5.2.3. By Form
      • 8.3.5.2.4. By Source

9. Middle East & Africa Fat Replacers Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Application
  • 9.2.3. By Form
  • 9.2.4. By Source
  • 9.2.5. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Fat Replacers Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Application
      • 9.3.1.2.3. By Form
      • 9.3.1.2.4. By Source
  • 9.3.2. UAE Fat Replacers Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Application
      • 9.3.2.2.3. By Form
      • 9.3.2.2.4. By Source
  • 9.3.3. South Africa Fat Replacers Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Application
      • 9.3.3.2.3. By Form
      • 9.3.3.2.4. By Source

10. South America Fat Replacers Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Application
  • 10.2.3. By Form
  • 10.2.4. By Source
  • 10.2.5. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Fat Replacers Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Application
      • 10.3.1.2.3. By Form
      • 10.3.1.2.4. By Source
  • 10.3.2. Colombia Fat Replacers Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Application
      • 10.3.2.2.3. By Form
      • 10.3.2.2.4. By Source
  • 10.3.3. Argentina Fat Replacers Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Application
      • 10.3.3.2.3. By Form
      • 10.3.3.2.4. By Source

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Fat Replacers Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Cargill Inc.
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. FMC Corporation
• 15.3. Kerry Group Plc.
• 15.4. Tate & Lyle Plc.
• 15.5. Royal DSM N.V
• 15.6. Ashland Global Holdings Inc.
• 15.7. Archer Daniels Midland Company
• 15.8. Ingredion Incorporated
• 15.9. Corbion N.V
• 15.10. Associated British Foods Plc

16. Strategic Recommendations

17. About Us & Disclaimer