Fortified Foods Industry - Regional Synopsis
APAC Market Statistics
Regionally, the fortified foods market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific industry is set to dominate majority revenue share by 2037, on the back of increasing demand for nutrition enriched foods and promotion of fortified products in the region. Along with these growing occurrence of vitamins and minerals deficiency among people is also predicted to gauge market growth in this region in the coming years.
Europe Market Analysis
On the other hand, Europe occupies the largest revenue share in the fortified foods market and is expected to offer abundant growth opportunities over the forecast period owing to the strong presence of food & beverage industries in the region and growing consumption among adult and older populations. Our analysis reveals that Europe is predicted to generate the largest food industry revenue in 2021, amounting to approximately USD 1.75 million.
