Fortified Food Market Share

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 expected to account for largest revenue share by 2036, 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.

Frequently Asked Questions (FAQ)

Increasing health consciousness of people and shift in focus of food manufacturers to produce fortified products are major growth drivers of the market.

The market is anticipated to attain a significant CAGR over the forecast period, i.e., 2021 â€“ 2029.

Lack of maintenance of hygiene standards by fortified foods manufacturers is estimated to hamper the market growth.

Europe is estimated to offer more business opportunities on the back of strong presence of leading market players.

The major players in the market are Nestle S.A., Gastaldi Hnos.S.A., BÃ¼hler AG, Dr. Paul Lohmann GmbH & Co. KGaA, Corbion NV and others.

Fortified Food Market Share