Press release
Food Grade Iron Powder Market 2018 Grow at a CAGR 5.85% by 2023 | Top Most Players | Yara International Ltd., BASF SE, Compass Minerals International Inc., Agrium Inc., Höganäs AB, AkzoNobel N.V, DowDuPont Inc., Bayer AG, Syngenta International AG, Ashl
Food Grade Iron Powder Market
Market Trend Value:
The Food Grade Iron Powder Market was worth USD 3.43 million in 2014 and is expected to reach approximately USD 5.72 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.85% during the forecast period.
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Competitive Leading Players:
The major players in the market are Yara International Ltd., BASF SE, Compass Minerals International Inc., Agrium Inc., Höganäs AB, AkzoNobel N.V, DowDuPont Inc., Bayer AG, Syngenta International AG, Ashland Global Holdings Inc., Spectrum Chemical Manufacturing Corp and Micnelf USA Inc. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Industry Trend Analysis Overview:
Food Grade Iron Powder is ideal for use as a fortificant for various application and reasons. In selection procedure of iron compound as a food fortificant, the general goal is to locate the one that has more prominent absorbability i.e. the highest relative bioavailability in comparison and ferrous sulphate.
Wide usage of food grade iron powder in various sub-verticals is anticipated to ascend in the estimate time frame. Extensive uses in nutritious and dietary supplements, infant food products, dairy products, animal feeds and for crop protection in agricultural fragment makes it a conspicuous additive.
Regional Insights
The populace in Asia Pacific and MEA district is exceptionally susceptible to lessen the intake of iron inferable from higher density of population in rural zones, high consumption of junk food, low awareness regarding daily dietary requirements, inadequate care given to infants with limited compliance to dietary recommendations, menstrual losses and so forth., all resulting in low iron ingestion by body for compelling working and metabolism. Consequently, based on locale, the market in APAC is anticipated to dominate over the estimate time frame trailed by MEA.
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Market Segmentation-
By Type:
Iron Compounds
Elemental Iron
By End User:
Animal Feed
Food & Beverages
Agriculture
Others
By Region-
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Drivers and Restraints
Iron deficiency is one of the world's widespread micronutrient deficiencies among new-born children and youngsters matured between six months and two years. The usage of fundamental micronutrients in infant formulas is rising, attributable to rising purchaser inclination for nutritional fortification in infant formula and baby food products.
Hectic schedules of working women, inappropriate care because of commitment and less time to kids, and inadequate consumption of nutrients by new-born children from breastfeeding, are required to develop the interest for infant formulas with essential nutrients.
Iron adequacy is vital for typical human growth & development. The early iron supplementation ought to be addressed with the quickly developing child’s requirement for haemoglobin and tissue iron for development.
Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
5. Food Grade Iron Powder Market, By Type
5.1. Introduction
5.2. Global Food Grade Iron Powder Sales, Revenue and Market Share by Type (2014-2018)
5.2.1. Global Food Grade Iron Powder Sales and Sales Share by Type (2014-2018)
5.2.2. Global Food Grade Iron Powder Revenue and Revenue Share by Type (2014-2018)
5.3. Elemental Iron
5.3.1. Global Elemental Iron Sales and Growth Rate (2014-2018)
5.4. Iron Compounds
5.4.1. Global Iron Compounds Sales and Growth Rate (2014-2018)
6. Food Grade Iron Powder Market, By End User
6.1. Introduction
6.2. Global Food Grade Iron Powder Sales, Revenue and Market Share by End User (2014-2018)
6.2.1. Global Food Grade Iron Powder Sales and Sales Share by End User (2014-2018)
6.2.2. Global Food Grade Iron Powder Revenue and Revenue Share by End User (2014-2018)
6.3. Food & Beverages
6.3.1. Global Food & Beverages Sales and Growth Rate (2014-2018)
6.4. Animal Feed
6.4.1. Global Animal Feed Sales and Growth Rate (2014-2018)
6.5. Agriculture
6.5.1. Global Agriculture Sales and Growth Rate (2014-2018)
7. Food Grade Iron Powder Market, By Region
8. Company Profiles
…..CONTINUED FOR TOC
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