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.
Milk and milk products fortified with Vitamin D are critical in the North America fortified foods market and the basic foods segment is expected to push past US$ 20 Bn by the end of the decade long study. Margarine fortification is also gaining substantial traction and companies actively involved in the fortified foods market would do well to take this into cognizance.
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%.
Request a report sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-941
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.
Discover more about report analysis with figures and data tables, along with the table of contents. Ask for Customization- https://www.futuremarketinsights.com/customization-available/rep-gb-941
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?
Contact Sales for Further Assistance in Purchasing this Report- https://www.futuremarketinsights.com/checkout/941
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