Food Fortifying Agents Market Size, Share & Industry Analysis, By Type (Probiotic Vitamins, Proteins & Amino Acids, Lipids Prebiotics, Carbohydrates, Minerals, Others), By Application (infant formulas, cereals & cereals based products, fats & oils, dietary supplements, dairy and dairy-based products, bulk food items, Feed, Others) and regional Forecast, 2024-2032

Region :Global | Report ID: FBI103958 | Status : Ongoing

KEY INDUSTRY INSIGHTS

Food fortification is a process of enhancing the nutritional value of food by addition of micronutrients to it. Manufacturers and government as a part of public health policy to reduce the dietary deficiencies among the population. The agents used to enhance the nutritional values are called food fortifying agents. there are three types of process for food fortification which are commercial fortification, bio-fortification and home fortification. The global food fortifying agents market includes a variety of products, such as vitamins, minerals, and other additives, aimed at improving the nutritional value of food.

Increasing demand for food fortifying agents from food and beverages sector across the world to add micronutrients to food and make it more nutritious shall foster the market growth. Additionally, the increasing geriatric population has significantly increased the demand for fortified food attributed to various medical condition like adult malnutrition shall positively impact the ood fortifying agents market.

However, there are possibilities of over-consuming a particular nutrient which can be harmful. A calculated amount of nutrient should be consumed per day for healthy living. Effective but safe amount of nutrients must be consumed. This is expected to hamper the market for food fortifying agents.

Key Market Driver -

Increasing demand from food and beverages sector.

Key Market Restraint -

Over-consumption of a nutrient.

Market Segmentation:

Based on type, the global food fortifying agents market is segmented into probiotic vitamins, proteins and amino acids, lipids prebiotics, carbohydrates, minerals, and others. Based on application, market is segmented into infant formulas, cereals & cereals based products, fats & oils, dietary supplements, dairy and dairy-based products, bulk food items, feed, and others.

From a geographical standpoint, the food fortifying agents industry is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Food Fortifying Agents Market Key Players Covered:

Cargill Incorporated

Royal DSM

Arla Foods

Hansen Holdings A/S

Ingredion Incorporated

Kellogg Co.

BASF SE

Archer Daniels Midland Company

Nestlé S.A.

Evonik Industries AG

Others

Key Insights

New Advancements in Production Technologies

Key Trends in the Food Fortifying Agents Industry

New Product Launches, Expansions, Key Players

Ranking of Key Players in the food fortifying agents Market

Regional Analysis:

The food fortifying agents market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for the largest share in market for food fortifying agents due to the awareness in consumers about food and nutrition. Additionally, the support by Food & Agriculture Organization (FAO) and World Health Organization (WHO) is expected to bolster the market growth. Asia Pacific is estimated to hold significant share in market attributed to the ample number of manufacturers coupled with increasing population in countries like India and China. Europe is expected to show considerable growth attributed to the increasing spending on food and nutrition. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.

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Segmentation

ATTRIBUTE	DETAILS
By Type	Probiotic Vitamins Proteins & Amino Acids Lipids Prebiotics Carbohydrates Minerals Others
By Application	infant formulas cereals & cereals based products fats & oils dietary supplements dairy and dairy-based products bulk food items Feed Others
By Geography	North America (U.S., and Canada) Europe (Germany, UK, France, Italy, and Rest of Europe) Asia Pacific (China, India, Japan, and Rest of Asia Pacific) Latin America (Mexico, Brazil, and Rest of Latin America) Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)

Food Fortifying Agents Industry Developments

In March 2018, BASF introduced personalized nutrition solution for cardiovascular health to reduce the health risks factors in chronic diseases

In April 2017, Cargill, General Mills, and Unilever to fortify flagship wheat flour with mineral and vitamins in India.

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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