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Food Fortifying Agents Market Recent Developments, Industry Share, Trends, Demand, Revenue And Forecast To 2033

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Sushmitha
Food Fortifying Agents Market Recent Developments, Industry Share, Trends, Demand, Revenue And Forecast To 2033

The Food Fortifying Agents Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).


Learn More On The Food Fortifying Agents Market:

https://www.thebusinessresearchcompany.com/report/food-fortifying-agents-global-market-report

In accordance with The Business Research Company's comprehensive Food Fortifying Agents Global Market Report for 2024, the dynamic landscape of the food fortifying agents market has experienced a remarkable surge. This burgeoning sector is poised to escalate from $96.19 billion in 2024 to an impressive $109.24 billion by the same year, marking a substantial compound annual growth rate (CAGR) of 13.6%. The remarkable growth observed in the historical period is attributable to heightened awareness of nutritional deficiencies, governmental regulations, the pervasive health and wellness paradigm, augmented consumer consciousness, and the global focus on addressing malnutrition concerns.

Anticipating a robust trajectory, the food fortifying agents market is projected to undergo a rapid expansion, surging to $185.12 billion by 2028 at an even more impressive CAGR of 14.1%. The forthcoming surge can be linked to overarching economic development objectives, the pursuit of sustainable fortification practices, a surge in customization and personalization, seamless integration within the global food supply chain, and sustained awareness regarding nutritional deficiencies. Notable trends on the horizon encompass cutting-edge fortification technologies, the fortification of convenience foods, global nutrition initiatives, and a heightened emphasis on sports nutrition for enhanced performance.

The increasing prevalence of chronic diseases is driving the food fortifying agents market going forward. Chronic diseases are ongoing illnesses or conditions, such as heart disease, cancer, asthma, and diabetes that can be managed through early detection, exercise, improved diet, and treatment therapy. With the rising chronic diseases, the consumer demand for healthy food is increasing, which leads to propelling the food fortifying agents market. For instance, according to the Partnership to Fight Chronic Disease (PFCD), a US-based, internationally recognized organization, chronic diseases are expected to affect nearly 49% of the total population, an estimated 164 million Americans by 2025. Therefore, the increasing prevalence of chronic diseases will promote the food-fortifying agents market.


Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=8246&type=smp

The food fortifying agents market covered in this report is segmented –

1) By Type: Minerals, Vitamins, Lipids, Carbohydrates, Proteins And Amino Acids, Prebiotics, Probiotics, Other Types

2) By Process: Powder Enrichment, Premixes And Coatings, Drum Drying, Dusting, Spray Drying Under Microencapsulation Process

3) By Application: Cereals And Cereal-Based Products, Dairy And Dairy-Based Products, Fats And Oils, Bulk Food Items, Beverages, Infant Formula, Ditetary Supplements, Other Applications


A pivotal trend shaping the landscape is product innovation, as industry leaders strategically focus on introducing groundbreaking products to enrich their portfolios and capture an expanding consumer base. A prime example is Nestlé Health Science, a Switzerland-based pioneer in nutritional science, which unveiled two innovative probiotics in solid beverage form in China during September 2022. Designed to foster growth and address allergies in children, these probiotics feature strains such as Lacticaseibacillus rhamnosus GG, Bifidobacterium animalis BB-12, Lacticaseibacillus rhamnosus HN001, and Bifidobacterium lactis HN019. Boasting 20 billion Colony Forming Units (CFU) of live bacteria, along with vitamin C and zinc, these formulations are free from common allergens like dairy, fragrances, lactose, and preservatives. This paradigm shift underscores the industry's commitment to advancing nutritional science and catering to evolving consumer demands.


The food fortifying agents market report table of contents includes:

1. Executive Summary

2. Food Fortifying Agents Market Characteristics

3. Food Fortifying Agents Market Trends And Strategies

4. Food Fortifying Agents Market - Macro Economic Scenario

5. Global Food Fortifying Agents Market Size and Growth


.....


31. Global Food Fortifying Agents Market Competitive Benchmarking

32. Global Food Fortifying Agents Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Food Fortifying Agents Market

34. Food Fortifying Agents Market Future Outlook and Potential Analysis

35. Appendix

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