The 2023-2028 World Outlook for Vitamin-Fortified and Mineral-Enriched Foods

The 2023-2028 World Outlook for Vitamin-Fortified and Mineral-Enriched Foods

This study covers the world outlook for vitamin-fortified and mineral-enriched foods across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers vitamin-fortified and mineral-enriched foods as defined by the North American Industrial Classification system or NAICS (pronounced nakes).

The NAICS code for vitamin-fortified and mineral-enriched foods is 3329111. It is for this definition that aggregate latent demand estimates are derived. Vitamin-fortified and mineral-enriched foods is specifically defined as follows:

3329111 Gates, globes, angles, straightway (y-type) checks, stop and check, cross, etc.

33291111 Gates, globes, angles, straightway (Y type) check, stop and check, cross, 3 and 4 way, and other industrial valves, except parts

33291112 Parts for gates, globes, angles, straightway (Y type) check, stop and check, cross, 3 and 4 way, and other industrial valves

3329111101 Iron body gates, globes, angles, straightway (Y type) check, stop and check, cross, 3 and 4 way, and other industrial valves, including ductile or modular, all pressures (excl. IBBM, AWWA, and UL)

3329111103 Cast carbon steel gates, globes, angles, straightway (Y type) check, stop and check, cross, 3 and 4 way, and other industrial valves

3329111105 Forged carbon steel gates, globes, angles, straightway (Y type) check, stop and check, cross, 3 and 4 way, and other industrial valves

3329111107 Alloy steel and other metal gates, globes, angles, straightway (Y type) check, stop and check, cross, 3 and 4 way, and other industrial valves

3329111109 Brass and bronze (125 lb w.s.p. or more) gates, globes, angles, straightway (Y type) check, stop and check, cross, 3 and 4 way, and other industrial valves

3329111111 Actuators (power operated, on off mounted) for gates, globes, angles, straightway (Y type) check, stop and check, cross, 3 and 4 way, and other industrial valves

3329111213 Parts for gates, globes, angles, straightway (Y type) check, stop and check, cross, 3 and 4 way, and other industrial valves