Fat Powder Market Insights Robust Growth with 5.18% CAGR and USD 2.32 Billion by {2029}
The global fat powder market , valued at USD 2.32 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 5.18% during the forecast period from 2025 to 2029. This growth is driven by several key factors, including the rising demand for convenience foods, health and wellness trends, and technological advancements in food processing. Fat powder, derived from various sources, is a versatile ingredient that enhances texture and flavor across a wide range of applications, making it an essential component in the food industry. Fat Powder Market Drivers Rising Demand for Convenience Foods The global shift towards convenience foods has been a significant driver of the fat powder market. Consumers increasingly prefer ready-to-eat meals, snacks, and processed foods due to their busy lifestyles. Fat powder plays a crucial role in these products by providing the desired texture and mouthfeel while maintaining stability and shelf life. Browse over x...