Fortified Foods Market: Projected Growth to $310.7 Bn by 2031, 6.1% CAGR

The Fortified Foods Market study by DataM Intelligence offer an in-depth analysis of the market, presenting insightful observations, statistics, historical data, and industry-validated market insights. The report delves into the competitive positioning of key companies, examining factors such as product offerings, pricing strategies, financial health, product portfolios, growth initiatives, and geographical reach.

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What is the projected growth rate (CAGR) of the Global Fortified Foods market from 2024 to 2031, and what is the market value expected to change by 2031?

The Global Fortified Foods Market reached US$ 193.5 billion in 2022 and is expected to reach US$ 310.7 billion by 2031, growing with a CAGR of 6.1% during the forecast period 2024-2031.

Fortified foods are foods that have been enhanced with additional nutrients, such as vitamins and minerals, to improve their nutritional value. This process helps address specific dietary deficiencies in populations, such as adding vitamin D to milk or iron to cereals. Fortification aims to promote better health and prevent nutrient-related disorders. These foods are widely used in public health strategies to combat malnutrition.

Key Developments:

❁ On January 05, 2022, Nirogam, India's oldest Ayurveda e-shop brand launched Mysca, an Ayurvedically fortified' food item in India. The newly launched product category includes cookies, crispies, jam, etc.

❁ On August 01, 2021, IIT-Bombay researchers developed fortified food which helps to reduce malnutrition. Micronutrient Fortified Foods are rich sources of micronutrients including minerals and nutrients.

List of the Key Players in the Fortified Foods Market:

Dean Foods Company, Kraft Foods Inc., Kellogg Company, Meiji Holdings Company, Ltd., Nestle S.A., Unilever Company, BASF SE, General Mills Inc., Tata Chemicals Limited, and Mondelez International.

Research Process:

Both primary and secondary data sources have been used in the global Fortified Foods Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Fortified Foods Market:

By Raw Material: Flours, Rice, Salt, Milk, Oil, Sugar, Others

By Micronutrients: Vitamins, Minerals, Others

By Technology: Drying, Extrusion, Coating & Encapsulation, Others

By Distribution Channel: E-Commerce, Supermarkets/ Hypermarkets, Specialty Stores, Others

By Application: Basic Food, Processed Food, Value added Food, Condiments, Juices, Others

Regional Breakout:

The global Fortified Foods Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Fortified Foods Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Fortified Foods Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains chapter wise data, as well as information about the research scope, major manufacturers covered, market segments, Fortified Foods market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Fortified Foods Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Fortified Foods market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Fortified Foods Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently Asked Questions

✹ What is the expected growth rate of the global market for the forecast period?

✹ What are the key driving factors that are responsible to shape the fate of the Fortified Foods market during the forecast period?

✹ What will be the overall size of the market during the analysis period?

✹ What are the prominent market trends which influence the development of the Fortified Foods market across various regions?

✹ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

✹ What are the challenges and threats that are likely to act as a barrier to the growth of the Fortified Foods market?

✹ What are the major opportunities that the companies can get to attain success in the world?

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