Food Fortifying Agents Market Introduction and Overview
According to SPER market research, ‘Global Food Fortifying Agents Market Size- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Food Fortifying Agents Market is predicted to reach 249.22 million by 2034 with a CAGR of 9.39%.
Food fortifying agents are compounds added to foods to improve their nutritional content and treat dietary deficits in populations. These agents include vitamins, minerals, amino acids, and other vital nutrients that may not be found in sufficient quantities in typical diets. Food fortification is a public health strategy used worldwide to combat malnutrition and nutrient deficiencies, such as iron, iodine, vitamin D, and folic acid. The method is used on a variety of foods, including dairy products, cereals, beverages, and sauces, making it a valuable tool for improving public health outcomes.
Restraints:This rise is being driven by rising consumer health awareness and the incidence of nutritional deficiencies. However, the industry confronts a number of obstacles that may restrict its growth. Fortified products’ high production costs make them inaccessible, particularly in low-income areas where malnutrition is prevalent. Regulatory complications and compliance with differing food safety requirements across countries present substantial challenges for businesses.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered
By Type, By Application.
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered
Advanced Organic Materials, S.A., ADM,BASF SE, Cargill Incorporated, DSM, DuPont, Eastman Chemical Company, International Flavors & Fragrances Inc. (IFF),Kalsec Inc., Kemin Industries, Inc., and Others.
Food Fortifying Agents Market Segmentation:
By Type: Based on the Type, Global Food Fortifying Agents Market is segmented as; Vitamins, Minerals, Proteins & Amino Acids, Carbohydrates, Prebiotics & Probiotics, Lipids and Others.
By Application: Based on the Application, Global Food Fortifying Agents Market is segmented as; Dairy & Dairy-based Products, Infant Formula, Cereals & Cereal-based Products, Beverages, Dietary supplements, Fats & oils and Others.
By Region:This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Food Fortifying Agents Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Food Fortifying Agents Market
- 7. Global Food Fortifying Agents Market, By Type (USD Million) 2021-2034
- 7.1. Vitamins
- 7.2. Minerals
- 7.3. Proteins & Amino Acids
- 7.4. Carbohydrates
- 7.5. Prebiotics & Probiotics
- 7.6. Lipids
- 7.7. Others
- 8. Global Food Fortifying Agents Market, By Application (USD Million) 2021-2034
- 8.1. Dairy & Dairy-based Products
- 8.2. Infant Formula
- 8.3. Cereals & Cereal-based Products
- 8.4. Beverages
- 8.5. Dietary supplements
- 8.6. Fats & oils
- 8.7. Others
- 9. Global Food Fortifying Agents Market, (USD Million) 2021-2034
- 9.1. Global Food Fortifying Agents Market Size and Market Share
- 10. Global Food Fortifying Agents Market, By Region, (USD Million) 2021-2034
- 10.1. Asia-Pacific
- 10.1.1. Australia
- 10.1.2. China
- 10.1.3. India
- 10.1.4. Japan
- 10.1.5. South Korea
- 10.1.6. Rest of Asia-Pacific
- 10.2. Europe
- 10.2.1. France
- 10.2.2. Germany
- 10.2.3. Italy
- 10.2.4. Spain
- 10.2.5. United Kingdom
- 10.2.6. Rest of Europe
- 10.3. Middle East and Africa
- 10.3.1. Kingdom of Saudi Arabia
- 10.3.2. United Arab Emirates
- 10.3.3. Qatar
- 10.3.4. South Africa
- 10.3.5. Egypt
- 10.3.6. Morocco
- 10.3.7. Nigeria
- 10.3.8. Rest of Middle-East and Africa
- 10.4. North America
- 10.4.1. Canada
- 10.4.2. Mexico
- 10.4.3. United States
- 10.5. Latin America
- 10.5.1. Argentina
- 10.5.2. Brazil
- 10.5.3. Rest of Latin America
- 11. Company Profile
- 11.1. Advanced Organic Materials, S.A.
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. ADM
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. BASF SE
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. Cargill Incorporated
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. DSM
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. DuPont
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. Eastman Chemical Company
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. International Flavors & Fragrances Inc. (IFF)
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. Kalsec Inc.
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. Kemin Industries, Inc.
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
- 12. Conclusion
- 13. List of Abbreviations
- 14. Reference Links
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook