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Fortified Foods Market

Fortified Foods Market Size, Share and Segmentation by Nutrient Composition (Vitamins, Carbohydrates, Proteins, Minerals, Probiotics, and Others), by Distribution Channel (Online, and Offline), by Regions and Global Market Forecast 2023-2030

Report Id: SNS/F&B/2346 | July 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Fortified Foods Market Size was esteemed at USD 132.84 billion out of 2022 and is supposed to arrive at USD 223.17 billion by 2030, and develop at a CAGR of 6.7% over the forecast period 2023-2030.

The worldwide Fortified food sources market has been an area of strength for seeing throughout recent years by expanding utilization of nutrient-enhanced food sources. Developing wellbeing concerns combined with expanding infection events are the key variables driving the Fortified food varieties market over the following seven years. Expanding purchasers’ discretionary cash flow spurring them to spend more on quality food items is additionally expected to supplement the market development over the figure period. Braced food sources have therapeutic properties that give recuperating benefits separated from energy and fundamental supplements. Expanding interest in this classification of food varieties is additionally expected to support strengthened food interest over the estimated period. Attributable to enormous medical advantages, center enhancement clients are changing to Fortified food varieties throughout recent years. This change sought after towards sustained food varieties is supposed to flood the market development soon.

Fortified Foods Market Revenue Graph

Sustained food sources can be fragmented into vitamin D, folic corrosive, iron, and iodine, based on supplement organization. The greater part of the Fortified food varieties including prepared-to-eat cereals, milk, yogurts, margarine, and other useful food sources containing vitamin D. Milk fortress program was carried out in numerous nations across the globe as would be considered normal to drive the market development throughout the following seven years. Fundamental strengthened food sources incorporate grains and cereal-based food varieties, milk and milk items, fats and oils, extra food varieties things, tea and different drinks, and newborn child equation. Stronghold of food varieties with these nutrients assists ladies with meeting supplement prerequisites during pregnancy and breastfeeding. This is additionally expected to drive the worldwide market over the following seven years.

Market Dynamics:

Driving Factors:

  • The rising well-being cognizance among individuals has urged them to zero in additional on the medical advantages of improved food enhancements and items promising health.

  • The improvement of new assortments of sustained food items by the main market players.

Opportunities:

  • Rising interest from wellbeing cognizant buyers.

  • Item separation systems are embraced by driving players to acquire cutthroat strength.

Challenges/Restraining Factors:

  • Failure of Several Fortified Food Manufacturers to Meet Health Guidelines Provided by the Government.

Impact of Covid-19:

Purchasers are not generally fulfilled by organizations settling for the status quo. With expanding enhancement, straightforwardness, and item personalization, purchasers are picking those with demonstrated benefits that they can trust.

Additionally, customers are searching for long-haul benefits from the strengthened food sources. Customers go to lengths to safeguard their invulnerability by being more particular with what they eat. This to some extent makes sense of the ascent in superfoods and braced food varieties.

Accordingly, the above pattern was additionally advanced by the effect of COVID-19, as individuals from one side of the planet to the other are hoping to invigorate their insusceptible wellbeing before they can be powerless against any infection.

Market Estimations:

By Nutrient Composition:

The fortress is the expansion of key nutrients and minerals like iron, iodine, zinc, and Vitamin an and D to staple food sources like rice, milk, and salt to work on their wholesome substance. These supplements might have been initially present in the food before handling.

Food varieties are most frequently invigorated with multivalent cationic minerals, like calcium, iron, magnesium, and aluminum, and nutrients, similar to C, D, E, and B-complex. Even though certain medications ought not to be taken with stomach-settling agents, multivitamins, and mineral enhancements, many don't think about the ramifications of taking their everyday drugs with food. The ongoing Food and Drug Administration normalized feast utilized in item marking of medication food connections is a high-fat, unhealthy eating regimen that gives just a modest quantity of dietary nutrients and minerals.

Key Market Segmentation:

By Nutrient Composition:

  • Vitamins

  • Carbohydrates

  • Proteins

  • Minerals

  • Probiotics

  • Others

Regional Analysis:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Locally, North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa comprise the vital fragments in the worldwide braced food sources market. Among these locales, the market has been seeing exceptionally rewarding open doors in the Asia Pacific. The support got from the strengthened food varieties market by policymakers in China, combined with the developing well-being awareness among shoppers is helping the market's extension in the district. Other than this, the rising frequency of nearsightedness in grown-ups is supposed to drive the Asia Pacific braced food sources market. The organizations can likewise track down appealing open doors in India.

In North America and Europe, the market players are acquiring from the elevated degree of mindfulness and rising wellbeing mindfulness.

Key Players:

Nestlé S.A., BASF SE, General Mills, Tata Chemicals Limited, Mondelz International, Cargill Incorporated, Danone, Bühler AG, Bunge Limited, Unilever PLC

Fortified Foods Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 132.84 Billion
Market Size by 2030 US$ 223.17 Billion
CAGR CAGR 6.7% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Nutrient Composition (Vitamins, Carbohydrates, Proteins, Minerals, Probiotics, and Others)
• by Distribution Channel (Online, and Offline)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Nestlé S.A., BASF SE, General Mills, Tata Chemicals Limited, Mondelz International, Cargill Incorporated, Danone, Bühler AG, Bunge Limited, Unilever PLC
Drivers •The improvement of new assortments of sustained food items by the main market players.
Market Opportunities •Rising interest from wellbeing cognizant buyers.
•Item separation systems are embraced by driving players to acquire cutthroat strength.


Frequently Asked Questions (FAQ) :

Ans: The rising well-being cognizance among individuals has urged them to zero in additional on the medical advantages of improved food enhancements and items promising health and Rising interest from wellbeing cognizant buyers are the elements driving and resulting in opportunities for the Fortified Foods market.

 Ans: The base year calculated in the Fortified Foods Market report is 2021.

Ans: Key players in the global Fortified Foods industry include Nestlé S.A., BASF SE, General Mills, Tata Chemicals Limited, Mondelz International, Cargill Incorporated, Danone, Bühler AG, Bunge Limited, Unilever PLC

Ans: Asia Pacific holds the most extreme portion of the overall industry of the Fortified Foods Market.

Ans: The Global Fortified Foods Market Size is supposed to develop at a CAGR of 6.7% over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers           

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

 

5. Value chain analysis

 

6. Porter’s 5 forces model

 

7. PEST analysis

 

8. Global Fortified Foods Market segmentation, By Nutrient Composition:

8.1 Vitamins

8.2 Carbohydrates

8.3 Proteins

8.4 Minerals

8.5 Probiotics

8.6 Others

 

9. Global Fortified Foods Market, by region/ country

9.1 Introduction

9.2 North America

9.2.1 USA

9.2.2 Canada

9.2.3 Mexico

9.3 Europe

9.3.1 Germany

9.3.2 UK

9.3.3 France

9.3.4 Italy

9.3.5 Spain

9.3.6 The Netherlands

9.3.7 Rest of Europe

9.4 Asia-Pacific

9.4.1 Japan

9.4.2 South Korea

9.4.3 China

9.4.4 India

9.4.5 Australia

9.4.6 Rest of Asia-Pacific

9.5 The Middle East & Africa

9.5.1 Israel

9.5.2 UAE

9.5.3 South Africa

9.5.4 Rest

9.6 Latin America

9.6.1 Brazil

9.6.2 Argentina

9.6.3 Rest of Latin America

 

10. Company profiles

10.1 Nestlé S.A.

10.1.1 Financial

10.1.2 Products/ Services Offered

10.1.3 Swot Analysis

10.1.4 The SNS View

10.2 BASF SE

10.3 General Mills

10.4 Tata Chemicals Limited

10.5 Mondelz International

10.6 Cargill Incorporated

10.7 Danone

10.8 Bühler AG

10.9 Bunge Limited

10.10 Unilever PLC

 

11. Competitive Landscape

11.1 Competitive Bench Marking

11.2 Market Share Analysis

11.3 Recent Developments

 

12. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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Secondary Research

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