Food Fortifying Agents Market Scope: Growth, Share, Value, Size, and Analysis

The market is mainly influenced by the rising need for nutrient-dense diets to tackle prevalent deficiencies, particularly in developing areas. Public health programs and governmental policies requiring fortification to address malnutrition and avert diseases are highly influential. The increasing health awareness among consumers, combined with the surging demand for functional foods and dietary supplements, drives market expansion. Moreover, developments in food fortification technologies and the growth of the food and beverage sector are key elements, facilitating the incorporation of these substances into numerous products by manufacturers.

The Food Fortifying Agents Market is Valued USD 83.80 billion in 2024 and projected to reach USD 164.5 billion in 2032, growing at a CAGR of 7.80% During the Forecast period of 2024-2032.

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The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.

Top companies covered in this report: Evonik Industries AG (Germany), PLANTSTRONG, DuPont De Numerous Inc. (U.S.), Cargill Incorporated, S.A. (U.S.), Dairy Farmers of America, Advanced Organic Materials (Argentina), Archer Daniels Midland Company (U.S.), Cargill (US), Royal DSM (Netherlands), Chr. Hansen Holdings A/S (Denmark), DuPont (US), BASF SE (Germany), Arla Foods Amba (Denmark), Tate & Lyle (UK), Ingredion (US), Nestle SA (Switzerland), International Flavors & Fragrances Inc.(U.S.), Eastman Chemical Company (U.S.), Kellogg Co.(U.S.), Kemin Industries, Inc. (U.S.), Kalsec Inc.(U.S.) & others.

Industry News:

In April 2024, PLANTSTRONG, a plant-based food brand, expanded into the plant-based milk market, offering four shelf-stable varieties fortified with essential nutrients like calcium, vitamin D, and vitamin B12. The company has addressed consumer concerns about additives and lack of nutrients in many plant-based products by carefully formulating its milk.

In March, 2023, Dairy Farmers of America (DFA) launched a probiotics-fortified, lactose-free UHT milk in collaboration with Good Culture. This product is the first of its kind in the U.S. market, combining the nutritional benefits of dairy with microbiome-boosting probiotics, providing an affordable alternative to kefir and kombucha.

Food Fortifying Agents Market Segmentation:

Food Fortifying Agents Market, By Process
Premixes And Coatings
Drum Drying
Dusting
Powder Enrichment

Spray Drying Under Microencapsulation Process
Food Fortifying Agents Market, By Type
Proteins & amino acids
Vitamins
Lipids Prebiotics
Prebiotics & probiotics
Carbohydrates
Minerals
Others

Food Fortifying Agents Market, By Application
Infant formula
Dairy & Dairy-Based Products
Cereals & cereal-based products
Fats & oils
bulk food items
Beverages
Feed
Dietary supplements
Others

Regional Analysis

North America (USA and Canada)
Europe (UK, Germany, France and rest of Europe)
Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)

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Important Features of the reports:

- Detailed analysis of the Food Fortifying Agents Market
- Fluctuating market dynamics of the industry
- Detailed market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the Food Fortifying Agents Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Food Fortifying Agents Market performance.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Food Fortifying Agents Market.

Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Food Fortifying Agents Market

How big will the market and growth rate be in 2032?

What are the key drivers for the global Food Fortifying Agents Market?
What are the major market trends influencing the growth of the global Food Fortifying Agents Market?
What are the challenges for market growth?
Who are the key vendors in the global Food Fortifying Agents Market?
What market opportunities and threats are vendors facing in the global Food Fortifying Agents Market?
What are the main findings of the five forces analysis of the global Food Fortifying Agents Market?

Conclusion: At the end of the Food Fortifying Agents Market report, all findings and estimates are presented. It also includes key drivers and opportunities and regional analysis. The Segmental analysis is also provided in terms of type and application.

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