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Fortified Rice Market Global Industry Historical Background, Industry Structure, Development, Demographics, Developing Factors

03-05-2024 08:32 AM CET | Food & Beverage

Press release from: Transparency Market Research

Fortified Rice Market Global Industry Historical Background,

The global fortified rice market is expected to witness substantial growth from 2023 to 2031, driven by increasing awareness about the benefits of fortified rice, especially in addressing malnutrition and vitamin deficiencies. Fortified rice is rice that has been enriched with essential micronutrients such as iron, folic acid, and vitamins, making it a valuable food source for populations in need of nutritional supplementation.

The fortified rice market is witnessing steady growth due to rising government initiatives and programs aimed at combating malnutrition, particularly in developing countries. Fortified rice is increasingly being adopted in school feeding programs and by non-governmental organizations (NGOs) to improve the nutritional status of vulnerable populations.

Market Size and Growth:

The market for fortified rice is expected to grow at a significant rate during the forecast period, with increasing demand from regions with high levels of malnutrition. The market is driven by the growing focus on food fortification as a cost-effective solution to address nutritional deficiencies.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ (๐”๐ฌ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐Œ๐š๐ข๐ฅ ๐ˆ๐ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ž) -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=38504&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Market Segmentation:

By service type: Fortification services, rice milling services
By sourcing type: Conventional rice, organic rice
By application: Food processing, direct consumption
By industry vertical: Food and beverage, healthcare, others
By region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Regional Analysis:

Asia Pacific is expected to dominate the fortified rice market during the forecast period, owing to the high prevalence of malnutrition in countries such as India and Bangladesh. North America and Europe are also expected to witness significant growth, driven by increasing consumer awareness about the benefits of fortified foods.

Market Drivers and Challenges:

The key drivers of the fortified rice market include increasing government support for food fortification programs, rising consumer awareness about nutrition, and the growing demand for fortified foods. However, challenges such as lack of awareness among consumers and regulatory issues related to food fortification may hinder market growth.

Market Trends:

Growing demand for organic fortified rice
Increasing use of innovative fortification techniques
Rising popularity of fortified rice in the food service industry

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.transparencymarketresearch.com/checkout.php?rep_id=38504<ype=S&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Competitive Landscape:

The fortified rice market is highly competitive, with several key players focusing on product innovation and expansion strategies to gain a competitive edge. Some of the key players in the market include DSM, Bรผhler AG, Cargill, and BASF SE.

Future Outlook:

The future of the fortified rice market looks promising, with increasing focus on addressing malnutrition and vitamin deficiencies worldwide. The market is expected to witness significant growth, driven by government initiatives and increasing consumer awareness about the benefits of fortified foods.

Key Market Study Points:

Market size and growth potential
Key drivers and challenges
Competitive landscape and key players
Regional analysis and market trends

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

๐–๐š๐ฅ๐ง๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ - https://www.prnewswire.com/news-releases/walnut-market-size-is-projected-to-reach-usd-11-1-billion-at-a-4-3-cagr-by-2031---transparency-market-research-inc-302032434.html

๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐…๐ฅ๐จ๐ฎ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ - https://www.prnewswire.com/news-releases/functional-flour-market-worth-usd-147-3-billion-by-2031--at-7-6-cagr---report-by-transparency-market-research-inc-302024373.html

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

Transparency Market Research Inc.
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