Global Fortifying Agent Market - Growth, Trends and Forecasts (2018 - 2023)
|出版商||Mordor Intelligence LLP||商品編碼||572853|
|出版日期||內容資訊||英文 120 Pages
|全球營養強化劑市場:成長，趨勢，及預測(2017年∼2022年) Global Fortifying Agent Market - Growth, Trends and Forecasts (2018 - 2023)|
|出版日期: 2018年03月01日||內容資訊: 英文 120 Pages||
The global fortifying agents market was valued is expected to reach over USD 66.7 billion by 2023, projecting a healthy CAGR of 10.3% over the forecast period. The growing demand for healthy food, along with the increasing heath awareness among consumers, has accelerated the usage of fortifying agents. These agents are largely being used in cereals, dairy, oil & fats, beverages, bakery, snacks and confectionary items in the global market. The rapid adaptation of fortifying agents in food processing industry, for better functional and nutritious attributes, is boosting the market.
The growing consumers demand for dietary supplements helps drive the fortifying agents market. Consumers demand for health foods also accentuates the demand for fortifying agents. The increasing awareness among consumers that dietary supplements with fortified nutrients is highly beneficial for the overall development of the human body is leading manufacturers to use fortified agents in their products.
Cereals, dairy, fat & oils, and baby food products are among the largest consuming industries for food fortifying agents in the world. The properties of improving food quality and nutrition, possessed by these agents, have broadened their application in the food industry, which includes bakery, breakfast items, and beverages. Baked products, such as biscuits, cookies, cakes, pastries, and breads, are increasing the fortifying agent application, rapidly. The products with higher health benefits are appealing consumers to consume such food items without price sensitivity in the food market. An increased number of food items is expected to appear in the market with innovative fortifying agents, during the forecast period.
Asia- pacific is expected to be the fastest growing market, as the consumption of functional and fortified food is increasing at a rapid pace. High population, low health-index, and increasing spending pattern of consumers for fortified food items are the factors backing the Asia-Pacific market growth. India and China are hotspots for fortifying agent consumption in Asia-Pacific market. North America is anticipated to remain the largest consumer for fortifying agents, followed by Europe.
MAJOR PLAYERS: E. I. DU PONT DE NEMOURS AND COMPANY, KERRY GROUP PLC, ASSOCIATED BRITISH FOODS PLC, WIBERG GMBH, PROLIANT NON-MEAT INGREDIENTS, CAMPUS SRL, WENDA INGREDIENTS, ADVANCED FOOD SYSTEMS, INC., ALISEIA SRL and REDBROOK INGREDIENT SERVICES LIMITED, amongst others.
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