openPR Logo
Press release

Fortified Foods Market witnessing a CAGR of 6.3% in terms of value during the forecast period 2017 - 2027

03-04-2019 09:31 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Fortified Foods Market witnessing a CAGR of 6.3% in terms of value

Approximately 2 billion people across the world still lack access to the essential minerals and vitamins needed for a healthy and sustainable lifestyle. That is why food fortification programmes are actively encouraged by national governments, especially in developing nations. Future Market Insights has prepared an insightful report on the global fortified foods market titled ‘Fortified Foods Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027’. The fortified foods market is expected to push past US$ 500 Bn by the end of the forecast period witnessing a CAGR of 6.3% in terms of value during the forecast period.

Raw Material – Flour Most Important Raw Material in the Fortified Foods Market

The flour segment is anticipated to be worth about US$ 36 Bn in 2017 and is estimated to cross US$ 68 Bn by the end of 2027, registering a CAGR of 6.6%.

Micronutrients – Vitamins and Minerals to Record Robust CAGR Growth

Vitamins and Minerals have a market share of more than 4/5th of the fortified foods market by micronutrients and are predicted to slightly increase their share at the end of 2027. The CAGR for Minerals (6.5%) is higher than that of Vitamins (6.4%) from 2017-2027 and the most important deficiency to address would be that of iron that is typically found in pregnant women and preschool children.

Application – Close Contest Between Basic Foods and Processed Foods

The basic foods segment is just a little larger than processed foods in the fortified foods market and is likely to remain so for the foreseeable future. An absolute dollar opportunity of more than US$ 46 Bn exists in this market with margarine fortification being particularly important.

Request Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-941

Technology – Drying and Extrusion Vital in the Fortified Foods Market

Key stakeholders in the fortified foods market would do well to focus on drying and extrusion technologies as they are vital. The drying technology is predicted to exceed US$ 87 Bn by end 2027. Extrusion though some way behind, is still critical in the fortified foods market and companies must not ignore it under any circumstance.

Sales Channel – Modern Trade and Neighbourhood Stores Lucrative Distribution Channels

The modern trade and neighbourhood stores segments are poised to grow by 190 and 17 BPS respectively and this is largely at the expense of online sales and other retail formats in the fortified foods market. Supermarkets and hypermarkets are preferred by customers for being ‘one-stop shops’.

Region – Maximum Growth in the Fortified Foods Market in the Dynamic APEJ Region

The APEJ region represents more than a third of the global fortified foods market and is projected to grow by a massive 214 BPS throughout the duration of the study. A number of public private partnerships in this region coupled with salt fortified with both iodine and iron has propelled the growth of the fortified foods market in APEJ.

Ask The Analyst@ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-941

Competition Landscape in the Fortified Foods Market

Future Market Insights has profiled some of the most prominent companies’ active in the fortified foods market market. These include Nestlé S.A., BASF SE, General Mills, Tata Chemicals Limited, Mondelēz International, Cargill Incorporated, Danone, Bühler AG, Bunge Limited, Unilever PLC, Koninklijke DSM NV, Stern-Wywiol Gruppe GmbH & Co. KG, Arla Foods amba, Nutritional Holdings (Pty) Limited, Dr. Paul Lohmann GmbH KG Chemische Fabrik, Wright Enrichment Inc., Gastaldi Hermanos, Sinokrot Global, Ufuk Kimya Ilac Sanayi Ve Ticaret Limited Sirketi, and Corbion NV.

Important Takeaways from the Fortified Foods Market Report

Nutritional deficiencies are more common in emerging economies. To strengthen their food fortification structures, developed countries are collaborating with governments in emerging economies by assisting in the setup of manufacturing units, providing technological support, and financial aid. While China could potentially slow down, Brazil and India are on track to record significant growth in the fortified foods market.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Blog: Market Research Blog
FMI Blog: https://www.fmiblog.com/
Web: https://www.futuremarketinsights.com/

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 Foods Market witnessing a CAGR of 6.3% in terms of value during the forecast period 2017 - 2027 here

News-ID: 1628894 • Views: 164

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Foods

Pepperoni Foods Market 2019 | Global Industry Overview 2025 | Top Companies - Ba …
As per the latest research study published by Up Market Research, “Global Pepperoni Foods Market” is estimated to grow at a healthy CAGR % in the coming years. The research report showcases qualitative and quantitative estimations by the industry analysts. The report documents first-hand data, post verification from the industry experts along with each industry manufacturers by the market valuation. Pepperoni Foods Market report also gives an extensive analysis of
Organic Foods Market Analysis by Top Key Players WhiteWave Foods, Everest, Unite …
Organic foods have been grown or farmed without the use of artificial chemicals, hormones, antibiotics or genetically modified organisms. Growing awareness regarding health benefits of organic food consumption, rising per capita spending on organic food products and increasing health concerns due to growing number of chemical poisoning cases are expected to drive global organic food market in the coming years. Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2905858 The Organic
Frozen Food Market By Key Players: Nestle, ConAgra Foods, Allens, McCain, Icela …
Frozen Food Market report analyzes the global market on the basis of various products such as fruits and vegetables, soups, fish, meat and ready meals such as frozen pizza, frozen desserts, snacks and pasta. The Frozen Food Market is expected to have a highly positive outlook for the next five years 2018-2026 according to a recently released Frozen Food market research report.  the report examines and evaluates the market for‘ Frozen Food’ at a and regional
Frozen Soup Market is Booming| Conagra Foods, Nomad Foods, General Mills, Goya F …
The study of the Frozen Soup market by HTF MI provides the market size information and market trends along with factors and parameters impacting it in both short- and long-term. The study provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture capitalists
Global Soy Foods Market 2018 - Cargill, Kellogg, DuPont, Dean Foods
Apex Market Reports, recently published a detailed market research study focused on the “Soy Foods Market” across the global, regional and country level. The report provides 360° analysis of “Soy Foods Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Soy Foods on
Edible Nuts Market 2017 -Arimex, Kanegrade, Sunbeam Foods, H.B.S. Foods
Apex Market Reports, recently published a detailed market research study focused on the "Edible Nuts Market" across the global, regional and country level. The report provides 360° analysis of "Edible Nuts Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Edible Nuts industry, and estimates the future trend of Edible Nuts market