Food fortification ingredients such as minerals, vitamins, probiotics, proteins & amino acids, carbohydrates, lipids, prebiotics, etc., are added by the commercial food corporations to add more value to their products and promote more demand among the populace who prefer nutritious and healthy food. The food fortification ingredients hold the application in breakfast cereals, dairy & frozen desserts, beverages, fats & oils, infant formula, others.
MARKET DYNAMICS
The key factor propelling the demand for food fortification ingredients is increasing consumer awareness and rising cases of chronic diseases among the population. Moreover, many food producers across the globe have started realizing the advantages of food fortification in achieving a competitive edge, thereby stimulating more demand for food fortification ingredients. Accelerated innovations in the food fortifying sector have also contributed significantly to the growing demand for food fortification ingredients. However, the high cost of food fortification ingredients is expected to hinder the food fortification ingredients market's growth.
MARKET SCOPE
The "Global Food Fortification Ingredients Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the food fortification ingredients market with detailed market segmentation by type, application. The global food fortification ingredients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food fortification ingredients market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global food fortification ingredients market is segmented into type, application. By type, the food fortification ingredients market is classified into Minerals, Vitamins, Proteins and Amino Acid, Probiotics, Others. By application, the food fortification ingredients market is classified into Breakfast Cereals, Dairy & Frozen Desserts, Beverages, Fats and Oils, Infant Formula, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global Food fortification ingredients market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Food fortification ingredients market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Food fortification ingredients market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Food fortification ingredients market in these regions.
MARKET PLAYERS
The report covers vital developments in the Food fortification ingredients market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the Food fortification ingredients market are anticipated to lucrative growth opportunities in the future with the rising demand for Food fortification ingredients in the global market. Below mentioned is the list of few companies engaged in the Food fortification ingredients market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Food fortification ingredients market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Royal DSM
- Cargill, Incorporated
- BASF SE
- Tate & Lyle
- The Archer Daniels Midland Company
- Ingredion
- Arla Foods
- Nestle SA
- E. I. du Pont de Nemours and Company
- CHR. Hansen Holdings A/S
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.