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Fortified Food Market Trends

  • Report ID: 53
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Fortified Food Market Trends

Growth Drivers

  • Rising Mindfulness of People Regarding Health Concerns
  • Increasing Investment to Produce Enhanced Fortified Products

Challenges

  • Inability of Several Fortified Food Manufacturers to Meet Health Guidelines Provided by the Government

Fortified Foods Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

6.3%

Base Year Market Size (2023)

USD 141.79 billion

Forecast Year Market Size (2036)

USD 313.75 billion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:

Author Credits:  Parul Atri


  • Report ID: 53
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

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 – 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., Bühler AG, Dr. Paul Lohmann GmbH & Co. KGaA, Corbion NV and others.
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