Global Fortifying Agent Market 2022-2026

Global Fortifying Agent Market 2022-2026

Technavio has been monitoring the fortifying agent market and it is poised to grow by $ 43.24 bn during 2022-2026, progressing at a CAGR of 10.64% during the forecast period. Our report on the fortifying agent market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rising concerns on ever-increasing health problems and growing aging population. In addition, rising concerns on ever-increasing health problems is anticipated to boost the growth of the market as well.

The fortifying agent market analysis includes the application segment and geographic landscape.

Technavio's fortifying agent market is segmented as below:

By Application

• Dietary supplements
• Dairy and dairy products
• Cereals and cereal-based products
• Infant formula
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• MEA

This study identifies the rising diseases out of vitamin and calcium deficiencyas one of the prime reasons driving the fortifying agent market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on fortifying agent market covers the following areas:

• Fortifying agent market sizing
• Fortifying agent market forecast
• Fortifying agent market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fortifying agent market vendors that include Arla Foods Ingredients Group P/S, BASF SE, Cargill Inc., Evonik Industries AG, Ingredion Inc., International Flavors & Fragrances Inc., Kellogg Co., Koninklijke DSM NV, Nestle SA, and PPG Industries Inc. Also, the fortifying agent market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Arla Foods Ingredients Group P/S, BASF SE, Cargill Inc., Evonik Industries AG, Ingredion Inc., International Flavors & Fragrances Inc., Kellogg Co., Koninklijke DSM NV, Nestle SA, PPG Industries Inc.