Global Fortified Food Market Growth (Status and Outlook) 2023-2029

Global Fortified Food Market Growth (Status and Outlook) 2023-2029

Fortified food is a kind of the added micronutrients (essential trace elements and vitamins) .Sometimes it's a purely commercial choice to provide extra nutrients in a food, while other times it is a public health policy which aims to reduce the number of people with dietary deficiencies within a population. Staple foods of a region can lack particular nutrients due to the soil of the region or from inherent inadequacy of a normal diet. Addition of micronutrients to staples and condiments can prevent large-scale deficiency diseases in these cases.

LPI (LP Information)' newest research report, the “Fortified Food Industry Forecast” looks at past sales and reviews total world Fortified Food sales in 2022, providing a comprehensive analysis by region and market sector of projected Fortified Food sales for 2023 through 2029. With Fortified Food sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fortified Food industry.

This Insight Report provides a comprehensive analysis of the global Fortified Food landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fortified Food portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fortified Food market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fortified Food and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fortified Food.

The global Fortified Food market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Fortified Food is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Fortified Food is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Fortified Food is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Fortified Food players cover Nestle, Kellogg, Dean Foods, Unilever, RFM, Kraft Foods, Meiji Group and Red Bull, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Fortified Food market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Zinc
Iron
Copper
Selenium
Folic Acid
Docosahexaenoic Acid
Others

Segmentation by application
Milk Products
Cereals and Cereal Based Products
Confectionaries
Infant Formulas
Fats and Oils
Others Includes Tea

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nestle
Kellogg
Dean Foods
Unilever
RFM
Kraft Foods
Meiji Group
Red Bull

Please note: The report will take approximately 2 business days to prepare and deliver.