Food Grade Iron Powder Market - The Biggest Trends to Watch Out for 2018-2026 with Steady Growth Due to Prominent Players such as Spectrum Chemical Manufacturing, Micnelf USA. Precheza a.s., Cathay Industries Australasia

Market Highlights:

Global Food Grade Iron Powder market is accounted for $4.1 million in 2017 and is expected to reach $7.9 million by 2026 growing at a CAGR of 7.6%. The major factor driving the market growth is the use of technology owing to the advancement in production machineries resulting in rising yield with shorter processing times. However, risk attached with the higher intake of iron supplements is hampering the market growth.

Iron fortification is adding iron compounds to food products in order to increase iron (as one of the most important micro nutrients) in food. Food grade iron powders are different grades of iron powder which are suitable for food contact or for use as an iron fortificant (food additive containing any bio-available iron nutrient).

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Top Industry Players:

Some of the key players in global Food Grade Iron Powder market include Höganäs AB, Spectrum Chemical Manufacturing Corp, Micnelf USA Inc. Precheza a.s., Cathay Industries Australasia Pty Ltd, Yara International Ltd., DowDuPont Inc., BASF SE, Compass Minerals International Inc, Belmont Metals Inc, Rio Tinto Metal Powders, Jiangxi Yuean Superfine Metal Co. Ltd., Ashland Global Holdings Inc., Salvi Chemical Industries Ltd., Syngenta International AG and Agrium Inc.

What our report offers:
• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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Market Segments:

By end user, food & beverages segment has a steady growth due to it is an effective and natural way of meeting rising consumer demands for quality, variety and freshness in the food and beverage industry. Increasingly, consumers are looking for low or zero-additive alternatives to conventional preservation techniques.
Based on geography, Asia pacific is expected to grow the highest CAGR during the forecast period. The general population in Asia Pacific is very susceptible to reduce the intake of iron inferable from higher density of population in rural zones, high consumption of junk food, low awareness about daily dietary requirements, insufficient care given to infants with partial compliance to dietary recommendations, menstrual losses and so forth., all resulting in low iron ingestion by body for compelling working and metabolism.

Types Covered:
• Iron Compounds
• Elemental Iron
End Users Covered:
• Animal Feed
• Agriculture
• Food & Beverages

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This release was published on openPR.