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.
The flour segment is anticipated to cross US$ 68 Bn by the end of 2027, registering a CAGR of 6.6%.
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Vitamins and minerals have a market share of more than 4/5th of the fortified foods market by micronutrients and are predicted to hold slightly increased share by the end of 2027. CAGR exhibited by minerals (6.5%) is higher than that of vitamins (6.4%) from 2019-2027 and the most important deficiency to address would be that of iron that is typically found in pregnant women and preschool children.
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?
The global fortified food market is forecast to rise at a CAGR of 6.3% between 2019 and 2027
Which is the leading segment in fortified food market by raw material?
In terms of raw material, the flour segment is expected to cross US$ 68 Bn by the end of 2027
Which region will dominate the fortified food market?
APEJ represents more than a third of the global fortified food market and is expected to grow considerably through the course the forecast period.
What are the chief factors driving market?
Rising prevalence of nutritional deficiencies witnessed around the world will fuel the demand for fortified foods.
Which segment based on technology will report the highest CAGR over the forecast period?
Key players in the market have acknowledge how crucial drying and extrusion technologies are to production. As a result of this, the drying technology segment will exhibit impressive growth over the forecast period.
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Table Of Content
1. Executive Summary
2. Market Introduction
3. Market Dynamics
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
8. Global Fortified Food Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Technology