Global Fortified Foods Market - Industry Trends, Opportunities and Forecasts to 2023
DESCRIPTION The global fortified foods market is expected to grow at a CAGR of XX.XX% to reach US$XX.XX billion by 2023, increasing from US$XX.XX billion in 2018. Nutrients are essential for human body and are naturally available in foods for consumption. However, due to a busy lifestyle, maintaining a balance between the food and daily activities has become difficult. Therefore, fortified foods help to curb this situation through addition of extra nutrients to food so as to improve the nutritional quality of the food supply. Also, fortified foods help the population with essential nutrients, thereby decreasing the occurrence of nutrient deficiency, especially in nutrientdeprived countries. According to WHO (World Health Organisation) and FAO (Food and Agricultural Organisation), usually the staple foods are chosen for fortification in order to feed a larger population. Major fortified foods in the market consists of cereals, milk products, edible oils, vitamin D and calcium rich fruit juices and instant formulas. Some of the key players included in this study are BASF, Mother Dairy, Nestle, Danone. and Kellogg Company among others. By Methods On the basis of type, the fortified foods market is divided into Bio-fortification, Microbial-Enhanced Biofortification, and Home fortification. Bio-fortification involves the improvement of food quality via breeding techniques (crop breeding techniques), Microbial-Enhanced Biofortification makes use of microbes/bacteria for uptake of micronutrients by plants. Home fortification is done for enhancing the nutritional quality of foods for children below two years of age. Staple fortified food like rice and flour, fortified milk and milk products, and baby fortified food market is expected to grow at a significant rate. By Products Fortified Rice, for example, golden rice contains added Vitamin A, Whole grain cereals include multigrain bread, brown rice, whole wheat breakfast cereals or muesli etc. Unflavored yogurt contains added calcium and vitamin D, Fortified eggs consist of added omega-3 fatty acids important in brain development and functioning and also Global Fortified Foods Market - Industry Trends, Opportunities and Forecasts to 2023
protect against heart diseases. Fortified edible oils have also gained momentum and fortification with Vitamin A and D will soon in future have a significant market like other fortified foods. By Sales Channel On the basis of sales channel, the market is segmented into Supermarkets & Hypermarkets, Convenience stores, Retailers, and others. By Geography On the basis of geography Americas consume fortified nutrient-containing dietary supplements, Fortified wheat flour dominates the European market due to their high consumption of bread and pasta. Middle East contains the fortified wheat flour market and Africa has the highest consumption of fortified maize and brown bread flour. At last, the Asia Pacific has the major market share of fortified vitamin and mineral foods and fortified milk and milk products. Segmentation By Methods o Bio-fortification o Microbial biofortification o Home fortification By Products o Fortified Rice o Whole Grain Cereals o Unflavored Yogurt o Fortified Eggs o Fortified Edible Oils By Sales Channel o Supermarkets & Hypermarkets Global Fortified Foods Market - Industry Trends, Opportunities and Forecasts to 2023
o Convenience Stores o Retailers o Others By Geography o North America o South America o Europe o Middle East and Africa (MEA) o Asia Pacific (APAC) Key questions answered by the report What will be the global fortified foods market size between 2018 to 2023? How are the major drivers and restraints affecting the global fortified foods market and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why? A comprehensive analysis of competitive landscape and key market participants’ behavior Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Global Fortified Foods Market - Industry Trends, Opportunities and Forecasts to 2023
TABLE OF CONTENTS 1. Introduction 1.1. Market Definition 1.2. Scope of the Study 1.3. Currency 1.4. Assumptions 1.5. Base, and Forecast Years Timeline 2. Research Methodology 2.1. Research Design 2.2. Secondary Sources 2.3. Validation 3. Key Findings of the Study 4. Market Dynamics 4.1. Drivers 4.2. Restraints 4.3. Opportunities and Market Trends 4.4. Market Segmentation 4.5. Porter’s Five Forces Analysis 4.5.1. Bargaining Power of Suppliers 4.5.2. Bargaining Power of Buyers 4.5.3. Threat of New Entrants 4.5.4. Threat of Substitutes 4.5.5. Competitive Rivalry in the Industry 4.6. Industry Value Chain Analysis 4.7. Industry Regulations 5. Global Fortified Foods Market Forecast by Methods (US$ Billion) 5.1. Introduction 5.2. Bio-fortification 5.3. Microbial-Enhanced Biofortification 5.4. Home fortification 6. Global Fortified Foods Market Forecast by Products (US$ Billion) 6.1. Introduction Global Fortified Foods Market - Industry Trends, Opportunities and Forecasts to 2023
6.2. Fortified Rice 6.3. Whole Grain Cereals 6.4. Unflavored Yoghurt 6.5. Fortified Eggs 6.6. Fortified Edible Oils 7. Global Fortified Foods Market Forecast by End-users (US$ Billion) 7.1. Introduction 7.2. Supermarkets & Hypermarkets 7.3. Convenience Stores 7.4. Retailers 7.5. Others 8. Global Fortified Foods Market Forecast by Geography (US$ Billion) 8.1. Introduction 8.2. North America 8.3. South America 8.4. Europe 8.5. Middle East and Africa (MEA) 8.6. Asia Pacific (APAC) 9. Competitive Intelligence 9.1. Market Share Analysis 9.2. Strategies of Key Players 9.3. Recent Investments and Deals 10. Company Profiles 10.1. BASF 10.1.1. Overview 10.1.2. Financials 10.1.3. Products and Services 10.1.4. Key Developments 10.2. Mother Dairy 10.2.1. Overview 10.2.2. Financials 10.2.3. Products and Services 10.2.4. Key Developments Global Fortified Foods Market - Industry Trends, Opportunities and Forecasts to 2023
10.3. Nestle 10.3.1. Overview 10.3.2. Financials 10.3.3. Products and Services 10.3.4. Key Developments 10.4. Danone 10.4.1. Overview 10.4.2. Financials 10.4.3. Products and Services 10.4.4. Key Developments 10.5. Kellogg Company 10.5.1. Overview 10.5.2. Financials 10.5.3. Products and Services 10.5.4. Key Developments List of Tables List of Figures
Global Fortified Foods Market - Industry Trends, Opportunities and Forecasts to 2023
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Global Fortified Foods Market - Industry Trends, Opportunities and Forecasts to 2023