Research Reports
Global Fortified Foods Market expected to push US$ 500 Bn by 2027
Global Fortified Foods Market expected to push US$ 500 Bn by 2027
Published by Uma Rajagopal
Posted on January 4, 2022
Global Banking and Finance Review
Company
Published by Uma Rajagopal
Posted on January 4, 2022
Approximately 2 billion people across the world still lack access to the essential minerals and vitamins needed for a healthy and sustainable lifestyle. That is why food fortification programmes are actively encouraged by national governments, especially in developing nations. Future Market Insights has prepared an insightful report on the global fortified foods market titled ‘Fortified Foods Market: Global Industry Analysis 2013-2018 and Opportunity Assessment 2019-2027’. The fortified foods market is expected to push past US$ 500 Bn by the end of the forecast period witnessing a CAGR of 6.3% in terms of value during the forecast period.
With the rising prevalence of nutritional deficiencies, particularly in the developing world, food fortification programmes have taken shape in the form of public health initiatives. Statistical studies have proven that iodine fortification has decreased the incidence of goitre by almost 90%.
Similarly, milk fortified with Vitamin D can reduce the occurrence of rickets in young children, and the fortification of flour, cereal, and bread with Vitamin B can effectively tackle the nutritional deficiencies of Vitamin B. Product manufacturers actively involved in the fortified foods market are experimenting with new technologies that prevent the degradation of Vitamin D from refrigeration and UV light.
Get more Insights Analysis on this Fortified Foods Market@ https://www.futuremarketinsights.com/reports/sample/rep-gb-941
Discretionary fortification nothing but a marketing gimmick
Product manufacturers have wholeheartedly adopted discretionary fortification by manipulating dietary values. Discretionary fortification can result in food supply chain inefficiencies or even cause adverse health effects. Therefore, discretionary fortification must only be carried out by properly evaluating the nutritional status of a specific population.
Increased fortified food intake, especially amongst a non-target audience could possibly lead to nutrient intake above the recommended or permissible limit. Excessive intake of fortified products can be one of the reasons for indigestion or genomic alteration.
Focus on basic foods instead of processed foods in the fortified foods market
The basic foods application segment of the global fortified foods market is predicted to reach just under US$ 94 Bn by the end of the forecast period. The yoghurt and others sub-segments have the largest contribution to the fortified foods market with the former alone being approximately 2/5th of the basic foods segment in terms of value.
The highest CAGR is anticipated to be in the basic foods segment as milk and milk products are rich in calcium and are perfect to combat vitamin D and calcium deficiency across the globe. Therefore, fortification of basic foods is far more critical than that of processed foods in the fortified foods market. Yoghurt fortification is poised to witness a robust CAGR of 6.7% from 2019-2027, meaning that key stakeholders in the fortified foods market would do well to target this segment with customised strategies.
Get Customization on this Report for Specific Country: https://www.futuremarketinsights.com/customization-available/rep-gb-941
Milk and milk products fortified with Vitamin D are critical in the North America fortified foods market and the basic foods segment is expected to push past US$ 20 Bn by the end of the decade long study. Margarine fortification is also gaining substantial traction and companies actively involved in the fortified foods market would do well to take this into cognizance.
Competition Landscape in the Fortified Foods Market
Future Market Insights has profiled some of the most prominent companies’ active in the fortified foods market. These include Nestlé S.A., BASF SE, General Mills, Tata Chemicals Limited, Mondelēz International, Cargill Incorporated, Danone, Bühler AG, Bunge Limited, Unilever PLC, Koninklijke DSM NV, Stern-Wywiol Gruppe GmbH & Co. KG, Arla Foods amba, Nutritional Holdings (Pty) Limited, Dr. Paul Lohmann GmbH KG Chemische Fabrik, Wright Enrichment Inc., Gastaldi Hermanos, Sinokrot Global, Ufuk Kimya Ilac Sanayi Ve Ticaret Limited Sirketi, and Corbion NV.
Contact Sales for Further Assistance in Purchasing this Report- https://www.futuremarketinsights.com/checkout/941
Frequently Asked Questions about Fortified Food Market
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Approximately 2 billion people across the world still lack access to the essential minerals and vitamins needed for a healthy and sustainable lifestyle. That is why food fortification programmes are actively encouraged by national governments, especially in developing nations. Future Market Insights has prepared an insightful report on the global fortified foods market titled ‘Fortified Foods Market: Global Industry Analysis 2013-2018 and Opportunity Assessment 2019-2027’. The fortified foods market is expected to push past US$ 500 Bn by the end of the forecast period witnessing a CAGR of 6.3% in terms of value during the forecast period.
With the rising prevalence of nutritional deficiencies, particularly in the developing world, food fortification programmes have taken shape in the form of public health initiatives. Statistical studies have proven that iodine fortification has decreased the incidence of goitre by almost 90%.
Similarly, milk fortified with Vitamin D can reduce the occurrence of rickets in young children, and the fortification of flour, cereal, and bread with Vitamin B can effectively tackle the nutritional deficiencies of Vitamin B. Product manufacturers actively involved in the fortified foods market are experimenting with new technologies that prevent the degradation of Vitamin D from refrigeration and UV light.
Get more Insights Analysis on this Fortified Foods Market@ https://www.futuremarketinsights.com/reports/sample/rep-gb-941
Discretionary fortification nothing but a marketing gimmick
Product manufacturers have wholeheartedly adopted discretionary fortification by manipulating dietary values. Discretionary fortification can result in food supply chain inefficiencies or even cause adverse health effects. Therefore, discretionary fortification must only be carried out by properly evaluating the nutritional status of a specific population.
Increased fortified food intake, especially amongst a non-target audience could possibly lead to nutrient intake above the recommended or permissible limit. Excessive intake of fortified products can be one of the reasons for indigestion or genomic alteration.
Focus on basic foods instead of processed foods in the fortified foods market
The basic foods application segment of the global fortified foods market is predicted to reach just under US$ 94 Bn by the end of the forecast period. The yoghurt and others sub-segments have the largest contribution to the fortified foods market with the former alone being approximately 2/5th of the basic foods segment in terms of value.
The highest CAGR is anticipated to be in the basic foods segment as milk and milk products are rich in calcium and are perfect to combat vitamin D and calcium deficiency across the globe. Therefore, fortification of basic foods is far more critical than that of processed foods in the fortified foods market. Yoghurt fortification is poised to witness a robust CAGR of 6.7% from 2019-2027, meaning that key stakeholders in the fortified foods market would do well to target this segment with customised strategies.
Get Customization on this Report for Specific Country: https://www.futuremarketinsights.com/customization-available/rep-gb-941
Milk and milk products fortified with Vitamin D are critical in the North America fortified foods market and the basic foods segment is expected to push past US$ 20 Bn by the end of the decade long study. Margarine fortification is also gaining substantial traction and companies actively involved in the fortified foods market would do well to take this into cognizance.
Competition Landscape in the Fortified Foods Market
Future Market Insights has profiled some of the most prominent companies’ active in the fortified foods market. These include Nestlé S.A., BASF SE, General Mills, Tata Chemicals Limited, Mondelēz International, Cargill Incorporated, Danone, Bühler AG, Bunge Limited, Unilever PLC, Koninklijke DSM NV, Stern-Wywiol Gruppe GmbH & Co. KG, Arla Foods amba, Nutritional Holdings (Pty) Limited, Dr. Paul Lohmann GmbH KG Chemische Fabrik, Wright Enrichment Inc., Gastaldi Hermanos, Sinokrot Global, Ufuk Kimya Ilac Sanayi Ve Ticaret Limited Sirketi, and Corbion NV.
Contact Sales for Further Assistance in Purchasing this Report- https://www.futuremarketinsights.com/checkout/941
Frequently Asked Questions about Fortified Food Market
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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