Global Food Fortifying Agents Market is expected to register a healthy CAGR of 18.45%% in the forecast period of 2021-2027.
Latest added Food Fortifying Agents Market research study by MarketDigits offers detailed product outlook and elaborates market review till 2026. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are Kellogg Co., Royal DSM, Evonik Industries AG, BASF SE, Ingredion Incorporated, Arla Foods. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
This report studies the Food Fortifying Agents Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Food Fortifying Agents Market by companies, region, type and end-use industry.
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Scroll down 100s of data Tables, charts and graphs spread through Pages and in-depth Table of Content on “Food Fortifying Agents Market, By Product (Minerals, Vitamins, Lipids, Carbohydrates, Proteins, Others), Application (Pet Food, Animal Feed, Animal Nutrition, Cereals & Cereal-Based Products, Bulk Food Items, Dairy & Dairy Products, Dietary Supplements, Fats & Oils, Infant Formula And Others) and Geography – Global Forecast to 2026”. Early buyers will get 10% customization on study.
To Avail deep insights of Food Fortifying Agents Market Size, competition landscape is provided i.e. Revenue Analysis (M $US) by Company (2018-2020), Segment Revenue Market Share (%) by Players (2018-2020) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.
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Market Analysis: Global Food Fortifying Agents Market
Global food fortifying agents market is expected to register a healthy CAGR of 18.45%% in the forecast period of 2021-2027. Rising demand of food fortifying agents in food and beverage industry and rising usage of food fortifying agent as salts, mineral and vitamin is the major factor for the growth of this market.
Few of the major competitors currently working in the global food fortifying agents market are DuPont, Kerry Group, Associated British Foods plc, WIBERG GmbH, Campus Srl, Wenda Co., Ltd, Advanced Food Systems, Inc., Alisea S.r.l., Avada, Cargill, Incorporated., BASF SE, Arla Foods amba, Archer Daniels Midland Company, Tate & Lyle, Ingredion Incorporated, DSM, Chr. Hansen Holding A/S.
Market Definition: Global Food Fortifying Agents Market
Food fortifying is a process which is usually used in the food to make them more healthy and nutritious by adding more micronutrients. There main aim is to make food healthy by improving their nutrition value. Minerals, carbohydrates, vitamins and lipids are some of the common type of the food fortifying agents. These food fortifying agents are widely used in the dietary supplements. Rising awareness about the benefits of the food fortifying agent is the major factor fuelling the growth of this market.
Global Food Fortifying Agents Market Segmentation:
- Pet food, Animal Feed, and Animal Nutrition
- Cereals & Cereal-Based Products
- Bulk Food Items
- Dairy & Dairy Products
- Dietary Supplements
- Fats & Oils
- Infant Formula
- North America
- South America
- Middle East and Africa
Key Developments in the Market:
- In May 2019, Muralya Dairy Products announced the launch of their first fortified milk product which will provide required supplements like Vitamin A and D. It is launched due to the increasing cases of vitamin deficiency. This product is made according to the food safety and standards authority of the India.
- In July 2017, Ministry of Health, and the United States Agency for International Development (USAID) announced the launch of their first fortification project Ranfòse Abitid Nitrisyon pou Fè Ogmante Sante (RANFOSE). The main aim of the project is to increase the availability of the food fortifying agent and enhance the productivity. It will also help the deficiency of micronutrients in children, mothers and other population.
- Increasing cases of chronic diseases is another factor driving the market growth
- Increasing usage of food fortifying agent in dietary supplements is driving market
- Growing awareness about the application of food fortifying agent is driving the growth of this market
- Technological advancement and development in fortification process is another factor driving market
- High R&D cost is restraining the market growth
- High price of the food fortifying agent is another factor restraining market
Research Methodology: Global Food Fortifying Agents Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by MarketDigits team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market drivers and restraints analysis along with the analysis of the market structure
The base year for calculation in this Food Fortifying Agents Market business report is taken as 2020 while the historic year is 2019 which will tell how the market will perform in the forecast years by informing what the market definition, classifications, applications, & engagements are. This Food Fortifying Agents Market report is also all-embracing of the data which covers market definition, classifications, applications, engagements, market drivers & market restraints that are based on the SWOT analysis. A large scale Food Fortifying Agents Market report is a comprehensive study about the market which tells about the market status in the forecast period of 2021-2027.
All viewpoints in the report are based on iterative validation by engaging influencer, experts of the market, whose opinions supersede all other research methodologies. Both primary and secondary approach are used and detailed product portfolio / service offering were analysed and have been presented in a separate chapter of competitive landscape along with company profile.
Detailed Insights on Market Concentration Rate:
CR4, CR8 and HHI Index Analysis of Overall Market
Comparative Market Share Analysis (Y-o-Y)
Emerging Players – Heat Map Analysis
MarketDigits MR also offers Custom Research services providing focused, comprehensive and tailored research according to clientele objectives. Thanks for reading this article; you can also get individual chapter wise section or region wise report like North America, Europe or Asia.
Table of Contents
1 Market Overview
1.1 Global Food Fortifying Agents Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1.1 Business Overview
2.1.2 Food Fortifying Agents Type and Applications
2.1.3 Food Fortifying Agents Sales, Price, Revenue, Gross Margin and Market Share (2021-2027)
3 Global Food Fortifying Agents Market Competition, by Manufacturer
4 Global Food Fortifying Agents Market Analysis by Regions
5 Region 1, Type, Application and Manufacturers
10 Global Food Fortifying Agents Market Segment by Type
11 Food Fortifying Agents Market Segment by Application
12 Food Fortifying Agents Market Forecast (2021-2027)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
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