Fortified Foods Market Outlook 2021 Pricing Strategy, Industry Latest News, Top Company Analysis, Research Report Analysis and Share by Forecast 2027

Future Market Insights

Approximately 2 billion people across the world still lack access to the essential minerals and vitamins needed for a healthy and sustainable lifestyle. That is why food fortification programmes are actively encouraged by national governments, especially in developing nations. Future Market Insights has prepared an insightful report on the global fortified foods market titled ‘Fortified Foods Market: Global Industry Analysis 2013-2018 and Opportunity Assessment 2019-2027’. The fortified foods market is expected to push past US$ 500 Bn by the end of the forecast period witnessing a CAGR of 6.3% in terms of value during the forecast period.

With the rising prevalence of nutritional deficiencies, particularly in the developing world, food fortification programmes have taken shape in the form of public health initiatives. Statistical studies have proven that iodine fortification has decreased the incidence of goitre by almost 90%.

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Focus on basic foods instead of processed foods in the fortified foods market

The basic foods application segment of the global fortified foods market is predicted to reach just under US$ 94 Bn by the end of the forecast period. The yoghurt and others sub-segments have the largest contribution to the fortified foods market with the former alone being approximately 2/5th of the basic foods segment in terms of value.

The highest CAGR is anticipated to be in the basic foods segment as milk and milk products are rich in calcium and are perfect to combat vitamin D and calcium deficiency across the globe. Therefore, fortification of basic foods is far more critical than that of processed foods in the fortified foods market. Yoghurt fortification is poised to witness a robust CAGR of 6.7% from 2019-2027, meaning that key stakeholders in the fortified foods market would do well to target this segment with customised strategies.

Competition Landscape in the Fortified Foods Market

Future Market Insights has profiled some of the most prominent companies’ active in the fortified foods market. These include Nestlé S.A., BASF SE, General Mills, Tata Chemicals Limited, Mondelēz International, Cargill Incorporated, Danone, Bühler AG, Bunge Limited, Unilever PLC, Koninklijke DSM NV, Stern-Wywiol Gruppe GmbH & Co. KG, Arla Foods amba, Nutritional Holdings (Pty) Limited, Dr. Paul Lohmann GmbH KG Chemische Fabrik, Wright Enrichment Inc., Gastaldi Hermanos, Sinokrot Global, Ufuk Kimya Ilac Sanayi Ve Ticaret Limited Sirketi, and Corbion NV.

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Global Fortified Foods Market Taxonomy

Application

  • Basic Food
    • Cheese
    • Butter
    • Yoghurt
    • Others
  • Processed Food
  • Extruded Products
    • Pasta
    • Snacks Food
  • Powdered Products
    • Infant Formula and Cereals
    • Powdered Beverages
  • Value added Food
    • Juice
    • Condiments

Micronutrients

  • Vitamins
    • Vitamin A
    • Vitamin B
      • Thiamine (Vit B1)
      • Riboflavin (Vit B2)
      • Niacin (Vit B3)
      • Vitamin B6
      • Folic Acid
      • Vitamin B12
    • Vitamin C
    • Vitamin D
    • Other Vitamins
  • Minerals
    • Calcium
    • Iron
    • Zinc
    • Iodine
    • Other Minerals
  • Other Fortifying Micronutrients

Raw Materials

  • Flours
    • Rice
    • Wheat
    • Corn
  • Rice
  • Salt
  • Milk
  • Oil
  • Sugar

Technology

  • Drying
    • Oven Drying
    • Drum Drying
    • Spray Drying
  • Extrusion
  • Coating & Encapsulation
  • Others

Sales Channel

  • Modern Trade
  • Online Sales
  • Neighborhood Stores
  • Other Retail Format

FREQUENTLY ASKED QUESTIONS ABOUT FORTIFIED FOOD MARKET

  • At what rate of growth will the fortified food market rise?
  • Which is the leading segment in fortified food market by raw material?
  • Which region will dominate the fortified food market?
  • What are the chief factors driving market?
  • Which segment based on technology will report the highest CAGR over the forecast period?

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Table Of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

2.3. Fortification Market Overview

3. Market Dynamics

3.1. Macroeconomic Factors

3.2. Forecast Factors – Relevance and Impact

4. Global Historical Market Analysis 2012–2016 and Forecast 2017–2027

5. Global Fortified Food Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Raw Material

6. Global Fortified Food Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Micronutrients 

7. Global Fortified Food Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Application

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