Title: Fortified Food Market Size to Grow at a CAGR of 6.1% During the Forecast Period 2021-2026
1Fortified Food MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Fortified Food Market size is estimated at 172.4
Million in 2020, projected to grow at a CAGR of
6.1 during the forecast period
2021-2026. Fortified Foods are foods that possess
nutrients supplemented to them that are not
organically present in them. These foods are
aimed at enhancing nutrition and supplement
health advantages. For example, milk is
frequently fortified with vitamin D and calcium
could be supplemented to fruit juice extracts.
The rising appreciation around keeping up an
ailment-free and a healthful way of life is
driving the fortified foods market worldwide.
Fortified foods supply additional microelements
are inclusive of significant trace elements and
diverse vitamins.
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Key Takeaways Fortified Food Market growth is
being driven by the rising prevalence of
incessant ailments like obesity, diabetes and
cancer. Geographically, North America Fortified
Food Market dominated the global market by 44
revenue market share in 2020 owing to increased
mindfulness of health and the great attention on
fortified foods in the U.S. is fuelling the
Fortified Food Market during the forecast period
2021-2026, Children are specifically susceptible
to the insufficiency of nutrients.
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- By Distribution Channel- Segment Analysis
- Based on Type, Basic Fortified Food
Market accounted for the largest revenue market
share in 2020 owing to the peoples increasing
inclination towards healthier diet options amidst
the crisis created by the COVID-19 Pandemic.
Also, the basic food segment is estimated to grow
with the fastest CAGR of 6.4 during the forecast
period 2021-2026 owing to the increased demand
for dairy products like yoghurt. Furthermore,
dairy products are valuable sources of calcium
and can fight lack of vitamin D and calcium
globally.
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- Fortified Food Market Industry Outlook
- 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 Mondolez International.
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Fortified Food Market- Forecast(2022 - 2027)
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d-food-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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