Fortified breakfast spreads basically soft, spreadable fruit, nut, and dairy processed product commonly eaten with bread, bagel, and usually for breakfast. Fortification involves the process of adding micronutrients to the fortified breakfast spreads that are generally consumed by the different age group consumers. These fortified products offer extra micronutrients that include essential trace elements & different vitamins. The global fortified breakfast spread market is expected to be driven by increasing health-conscious consumers in developing economies.
MARKET DYNAMICS
The fortified breakfast spread market has witnessed significant growth owing to factors such as the enhancement of livelihood in developing economies. Fortified food is further gaining momentum owing to the strong initiative taken up mainly by the World Health Organization (WHO) and the Food & Agriculture Organization (FAO) to minimize the occurrence of malnutrition. Due to the hectic work life, most of the consumers are looking out for convenience food products to fulfill the daily nutrition intake. These factors will again support the growth of the fortified breakfast spreads market during the forecast period. However, various regulations upon these convenience food products may hamper the growth of the fortified breakfast spread market. Nevertheless, with the steady growth in the food processing industry and e-commerce sector, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Fortified Breakfast Spread Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fortified breakfast spread market with detailed market segmentation by source, nutrients, distribution channel, and geography. The global fortified breakfast spread market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fortified breakfast spread market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fortified breakfast spread market is segmented on the basis of source, nutrients, and distribution channel. On the basis of source, the fortified breakfast spread market is segmented into fruit based, nut based, dairy based, and others. The fortified breakfast spread market on the basis of the nutrients is classified into vitamins, minerals, proteins, prebiotics & probiotics, and others. On the basis of distribution channel, global fortified breakfast spread market is bifurcated into supermarkets & hypermarkets, convenience stores, online stores, and 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 fortified breakfast spread market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fortified breakfast spread 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 fortified breakfast spread market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. 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 fortified breakfast spread market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global fortified breakfast spread market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fortified breakfast spread market are anticipated to lucrative growth opportunities in the future with the rising demand for fortified breakfast spread in the global market. Below mentioned is the list of few companies engaged in the fortified breakfast spread market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fortified breakfast spread market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Andros SAS
- Daiya Foods Inc.
- Ferrero Group
- Kraft Foods Group Inc.
- Premier Foods Plc
- Unilever Group
- Wellness Foods Ltd.
- Others
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.