Food fortifying agents 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 population who prefer healthy food. Foods are frequently fortified with micro-nutrients to make them more nutritious. The food fortifying agents hold the application in cereal-based products, dairy products, dietary supplements, fats & oils, infant formula, bulk food items, pet food, animal feed, animal nutrition, etc.
MARKET DYNAMICS
The key factor propelling the demand for food fortifying agents is surging consumer awareness and rising cases of chronic diseases among the populace. Moreover, many food producers worldwide have started realizing the advantages of food fortification in achieving a competitive edge, thus stimulating more demand for food fortifying agents. Accelerated innovations in the food fortifying sector have also contributed significantly to the growing demand for food fortifying agents. However, the high cost of food fortifying agents is expected to restrain the food fortifying agents market's growth.
MARKET SCOPE
The "Global Food Fortifying Agents 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 fortifying agents market with detailed market segmentation by type and application. The global food fortifying agents market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food fortifying agents market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global food fortifying agents market is segmented into type and application. By type, the food fortifying agents market is classified into minerals, vitamins, proteins & amino acid, probiotics, others. By application, the food fortifying agents market is classified into cereal & cereal-based products, fats & oils, beverages, 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 fortifying agents 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 fortifying agents 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 fortifying agents 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 fortifying agents market in these regions.
MARKET PLAYERS
The report covers vital developments in the food fortifying agents 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 fortifying agents market are anticipated to lucrative growth opportunities in the future with the rising demand for food fortifying agents in the global market. Below mentioned is the list of few companies engaged in the food fortifying agents market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food fortifying agents 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.
- Cargill, Incorporated
- Royal DSM
- CHR. Hansen Holdings A/S
- E. I. du Pont de Nemours and Company
- BASF SE
- Arla Foods
- Tate & Lyle
- Ingredion
- The Archer Daniels Midland Company
- Nestle SA
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.