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Food Fortifying Agents Market: Expect Rapid Growth to Reach $212.2 Billion by 2029 Driven by Nutritional Deficiency Awareness and Advanced Fortification Technologies
Food Fortifying Agents Market
What Is The Projected Market Size Of The Global Food Fortifying Agents Market And Its Growth Rate?
• The food fortifying agents market has shown impressive growth. It was worth $109.24 billion in 2024 and is projected to reach $124.06 billion in 2025. This translates to a compound annual growth rate (CAGR) of 13.6%.
• The historic growth can be credited to nutritional deficiency awareness, government mandates and regulations, health and wellness trends, and increased consumer awareness regarding malnutrition.
• Continued growth is expected, with the market forecasted to reach a staggering $212.2 billion in 2029 at a compound annual growth rate (CAGR) of 14.4%. Development goals, sustainable fortification practices, customization, and personalization, and the integration of the global food supply chain are the anticipated growth stimulators.
What Is Driving The Growth In The Food Fortifying Agents Market?
Indoctrination regarding the prevalence of chronic diseases is fueling the food fortifying agents' market. Chronic illnesses such as heart disease, cancer, asthma, and diabetes can be manageable if detected early and managed through improved diet, exercise, and treatment therapy. With the increase in chronic diseases garnering a higher demand for healthy food, there is an upsurge in the food fortifying agents' market. It is projected that chronic diseases are set to affect an estimated 164 million Americans, nearly 49% of the total population, by 2025. As the prevalence of the chronic disease rises, so does the demand for food-fortifying agents.
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Who Are the Key Players Driving Food Fortifying Agents Market Growth?
• Koninklijke DSM N.V.
• Chr. Hansen A/S
• BASF SE
• DuPont de Nemours Inc.
• Tate & Lyle Plc.
• Ingredion Incorporated
• Archer Daniels Midland Company
• Nestle SA
• The Kellogg Company
• A&B Ingredients Inc.
• Royal Cosun
• Stratum Nutrition
• Wenda Ingredients LLC
• ABF Ingredients
• Cargill Incorporated
• FMC Corporation
• Glanbia plc.
• Zhejiang Garden Biochemical High-tech Co. Ltd
• Kerry Group plc.
• Nutralliance Inc.,
• Nutrifusion LLC
• Prinova Group LLC
• Sensus B.V.
• SternVitamin GmbH & Co. KG
• Roquette Frères
• The Wright Group
What Are The Key Trends In The Food Fortifying Agents Market?
• Advanced fortification technologies
• Fortification of convenience foods
• Global nutrition initiatives
• Sports nutrition and performance enhancement
What Are The Segments Of The Global Food Fortifying Agents Market?
• By Type: Minerals, Vitamins, Lipids, Carbohydrates, Proteins And Amino Acids, Prebiotics, Probiotics, Other Types
• By Process: Powder Enrichment, Premixes And Coatings, Drum Drying, Dusting, Spray Drying Under Microencapsulation Process
• By Application: Cereals And Cereal-Based Products, Dairy And Dairy-Based Products, Fats And Oils, Bulk Food Items, Beverages, Infant Formula, Dietary Supplements, Other Applications
Which Region Leads The Food Fortifying Agents Market?
North America took the lead in the food fortifying agents' market in 2024, with Asia-Pacific set to be the fastest-growing region in the years to come. The regions referred to in the food fortifying agents' market report encompass Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Food Fortifying Agents Market Global Market Report?
- Market Size Analysis: Analyze the Food Fortifying Agents Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Food Fortifying Agents Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Food Fortifying Agents Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Food Fortifying Agents Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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