Artificial Trans Fat Market Trends

Growth Drivers

Rapidly Growing Cosmetic Industry to Boost the Market Growth

Owing to the requirement of artificial trans fat as an essential component in cosmetics and personal care products has led to a significant rise in demand for artificial trans fat. Moreover, owing to their stable nature and ability to thicken any liquid, they are commonly used in body care, skin care, massage oils and other similar products. According to Cosmetics Europe, The Personal Care Association, the European cosmetics market was valued at 78.6 billion Euros at retail sales price in 2018 and there are at least 77 scientific innovation facilities in Europe that carry out research in relation to cosmetics and personal care. Further, the presence of artificial trans fat in skin care products helps in skin treatment such as dry skin, scars, aging and acne. These factors are anticipated to significantly expand the artificial trans fat market.

Rising Demand for Biodiesel to Drive the Market Growth

Improvements in advanced technologies and innovations are boosting the commercial value of artificial trans fat to explore opportunities in development of biodiesel production. A huge quantity of biodiesel, which is a diesel substitute, is made from the artificial trans fat through a chemical process. Furthermore, continuing use of artificial trans fat in the food processing industry to increase the shelf life of packaged food products is fuelling the growth of artificial trans fat market. Additionally, they are convenient to reuse for deep-fry which gives food a desirable taste and texture. On the back of these factors, the global artificial trans fat market is predicted to grow over the forecast period.

Challenges

Regulatory Prohibitions and Health Disorders to Hamper the Market Growth

Regulatory bodies such as United States Food and Drug Administration (FDA) have declared the usage of artificial trans fat in the food and beverages as unsafe which may negatively affect the market growth. Further, the consumption of artificial trans fat in cooking results in generation of bad cholesterol in the body which can give rise to health hazards such as obesity and heart diseases. This is estimated to hinder the growth of artificial trans fat market in the future.