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
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