Press release
Fortified Dairy Products Market Is Expected To Grow US$ 56 Billion By 2026
Fortified dairy products are presumed to be a promising sector in the next half decade and are projected to grow at a significant growth rate. Milk and dairy products serve as one of the best and easily available sources of essential nutrients. However, a series of production processes tends to hamper nutrient absorption. Fortification performs an imperative function of replenishing all lost nutrients in milk and its derivatives. The industry has seen extraordinary demand of fortified milk, milk powder, infant formula, and various other dairy products owing to penetration of targeted government programs singularly aimed at eradication of nutritional deficiencies.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ -
https://www.factmr.com/connectus/sample?flag=S&rep_id=4466
๐ ๐จ๐ซ๐ญ๐ข๐๐ข๐๐ ๐๐๐ข๐ซ๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
FactMR's study has done the segmentation of fortified dairy products market on the basis of product type, micronutrients, sales channel and region.
By Product Type
Milk
Milk Powder and Formula
Flavoured Milk
Cheese
Dairy Based Yogurt
Other Products
By Micronutrient
Vitamins
Minerals
Other Fortifying Nutrients
By Sales Channel
Modern Trade
Convenience Stores
Departmental Stores
Drug Stores
Online Stores
Other Sales Channels
By Region
North America
Latin America
Europe
Asia Pacific Excluding Japan (APEJ)
Japan
Middle East and Africa (MEA)
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐ ๐จ๐ซ๐ญ๐ข๐๐ข๐๐ ๐๐๐ข๐ซ๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Milk powder and formula product type segment in fortified dairy products accounts for more than one third of market share and is expected to show significant growth in fortified dairy products market during period of forecast, owing to increased demand from milk powder and nutritional formula manufacturers across the globe.
Vitamins micronutrients in fortified dairy products is majorly contributing to the global fortified dairy products consumption and is projected to grow 1.5X over period of forecast, owing to increased demand in milk, milk powder and milk formula.
Fortified dairy products market in Asia Pacific excluding Japan holds around one third of the market share. However, increasing consumer inclination towards fortified dairy products is projected to grow at significant growth rate as compared to other regions.
Modern trade sales channels of fortified dairy products holds more than one third of market share. However, online stores are growing at a faster pace as compared to other sales channels of fortified dairy products.
Flavored Milk segment is projected to create an absolute $ opportunity of US$ 14.4 Bn during forecast period 2019 - 2026. Moreover, it will exhibit fastest growth among product type of fortified dairy products market.
๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐จ๐ซ๐ญ๐๐จ๐ฅ๐ข๐จ ๐๐ญ๐ซ๐๐ง๐ ๐ญ๐ก๐๐ง๐ข๐ง๐ ๐ญ๐จ ๐๐๐ฆ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ฆ๐ฉ๐๐ซ๐๐ญ๐ข๐ฏ๐
Tier 1 fortified dairy products market players such as Nestle SA, BASF SE and Danone SA etc, have been expanding their product portfolio in the potential markets such as United States, India, China, Germany etc.
To develop new applications of fortified dairy products, companies are investing money in research and development to strengthen their product portfolio with innovative fortified dairy products such as breakfast milk drink, flavored protein milk drinks etc.
For instance, in the year 2018, the company Nestle USA, launched Nesquik-SuperBreakfast protein-rich milk drink. This has helped Nestle USA boost its revenue with new fortified dairy product offerings in market.
๐ ๐จ๐ซ ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ฎ๐ฒ ๐ง๐จ๐ฐ -
https://www.factmr.com/checkout/4466
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐๐ซ๐ฌ ๐๐๐ญ๐๐ข๐ง ๐ญ๐ก๐๐ข๐ซ ๐๐๐ ๐ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐&๐ ๐๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐๐ฌ
In recent years, manufacturers and food brands are expanding their research & development capabilities and planning to expand their portfolio to gain more share in global fortified dairy products market. To develop new applications of fortified dairy products, companies are investing money in research and development to strengthen their position in new application areas. For instance, in the year 2018, the company Nestle USA and Arlington, Va., launched Nesquik-SuperBreakfast protein breakfast milk drink. This has helped Nestle to boost its revenue with new offerings in the market.
๐๐จ๐ง๐ญ๐๐๐ญ:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
๐๐๐จ๐ฎ๐ญ ๐ ๐๐๐ญ.๐๐
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fortified Dairy Products Market Is Expected To Grow US$ 56 Billion By 2026 here
News-ID: 3242396 • Views: โฆ
More Releases from Fact.MR
Craft Spirit Market Anticipates $ 59.47 Billion Valuation by 2034, Driven by 29% โฆ
According to the most recent market analysis conducted by knowledgeable analysts at Fact.MR, the size of the worldwide craft spirit market is estimated to be worth US$ 20.5 billion in 2023 and is expected to grow at a CAGR of 29% to reach a valuation of US$ 230 billion by the end of 2033.
Craft spirits are growing in popularity because of their exceptional flavor, quality, and distinctiveness. The craft spiritsโฆ
Bank Kiosk Market Forecasted to Expand Rapidly, Projecting US$ 80 Billion Value โฆ
A recent analysis by knowledgeable experts at Fact.MR values the worldwide bank kiosk market at US$ 18.5 billion in 2023 and projects it will grow at a CAGR of 15% to reach US$ 80 billion by the end of 2033.
An automated self-service device called a bank kiosk offers customers a range of banking services without the need for human support. A vital component of the contemporary banking infrastructure, bank kiosksโฆ
Smart Badges Market To Witness Exponential Growth, Expected to Hit US$ 50 Billio โฆ
The smart badge market is expected to grow at a remarkable compound annual growth rate (CAGR) of 9% from 2023 to 2033, from its estimated valuation of US$ 21 billion in 2023 to US$ 50 billion by 2033.
An electrical gadget with an embedded memory or microcontroller in the shape of a touch pad is called a smart badge. It establishes a connection with a reader by short-range wireless connectivity orโฆ
Pod Vapes Market Is Forecasted To Increase At A CAGR Of 12.5% By 2033: Fact.MR R โฆ
The global pod vape market, valued at USD 2.52 billion in 2023, is projected to grow significantly, reaching USD 8.18 billion by 2033. This expansion represents a compound annual growth rate (CAGR) of 12.5% over the decade.
The Pod Vape Industry sales study offers a comprehensive analysis on diverse features including production capacities, Pod Vape demand, product developments, sales revenue generation and Pod Vape market outlook across the globe.
market research reportโฆ
More Releases for Fortified
The Fortified Sugars Market To Grow Explicitly
Advancements in food technology led to the emergence of fortification techniques in the mid-70s. Governments from several parts of the global started enacting legislations on fortification of food nutrients, particularly sugars. Collaborative efforts of governments, food regulatory bodies and companies instrumented the consolidation of global value chain for fortified sugars. With promotional campaigns, aggressive marketing and awareness programs, the uptake of fortified sugar increased among consumers. In the near future,โฆ
Fortified Rice Market: Rising Demand for Nutrient Rich Fortified Rice Boosts Mar โฆ
Fortified rice has gained traction as one of the simple means of providing nutrition solutions with essential micronutrients in a cost-effective and sustainable way. This has further helped communities most parts of the world in acquiring greater nutritional value from their daily rice consumption. Rice is considered to be one of the most difficult food to fortify. However, several innovative fortification technologies for rice are being introduced in the marketโฆ
What's driving the Fortified Salts Market trends?
Fortified Salts Market is projected to surpass USD 7 billion by 2024; according to a new research report by Global Market Insights, Inc. Shifting consumer preference for nutritional diet coupled with increasing malnutrition concerns among children and adults will propel product demand. Rising prevalence of anemia due to iron deficiency will drive fortified salts market growth.
Request Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/1880
Company Profiles
1. AkzoNobel
2. Tata Chemicals
3. Cargill Salt
4. Compass Minerals
5. K+S Windsorโฆ
Global Fortified Dairy Products Market #protein-fortified dairy products#fortifi โฆ
As per the current market trends and the promising nature of the โGlobal Fortified Dairy Products Market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Market Research Reports Search Engine would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decodeโฆ
Fortified Rice Market: Rising Demand for Nutrient Rich Fortified Rice Boosts Mar โฆ
Fortified rice has gained traction as one of the simple means of providing nutrition solutions with essential micronutrients in a cost-effective and sustainable way. This has further helped communities most parts of the world in acquiring greater nutritional value from their daily rice consumption. Rice is considered to be one of the most difficult food to fortify. However, several innovative fortification technologies for rice are being introduced in the marketโฆ
Fortified Wine Market Regional Analysis 2022
According to a new report by Fact.MR, the globalย fortified wine marketย is projected to register a low single-digit CAGR during the forecast period 2017 to 2022. Majority of people believe premium products to contain high-quality ingredients. Product premiumization is therefore considered as a major strategy adopted by market players in order to fuel adoption of fortified wine worldwide. Revenues from global sales of fortified wine are estimated to account for approximatelyโฆ
