The global food fortifying agents market size is expected to inflate on account of the joint efforts by the government and manufacturers to maintain public health, shares Fortune Business Insights™, in its report, titled, “Food Fortifying Agents Market, 2022-2029.”

The market is primarily driven by the rising health consciousness of consumers assisted by government organizations. For instance, the Food and Agricultural Organization (FAO) and the World Health Organization (WHO) has reported food fortification as one of the prominent strategies to curb the widespread malnutrition, specifically in underdeveloped countries. The food fortifying agents market is estimated to propel due to the surging demand for dietary supplements, nutritional sports supplements, animal care nutrition, and personal care products. The food & beverage industry, pet food producers, pharmaceutics, and baby food formula industry, among many others are the crucial product-users of food fortifying agents.

List of Key Players Covered in the Food Fortifying Agents Market Report

• Cargill Incorporated

• Royal DSM

• Arla Foods

• Hansen Holdings A/S

• Ingredion Incorporated

• Kellogg Co.

• BASF SE

• Archer Daniels Midland Company

• Nestle SA

• Evonik Industries AG

Key players in the market have developed food fortifying agents, such as Vitamin C in fruit-based juices, dairy-based products, and other varieties of beverages and cereals. Fortification of Vitamin B complex is utilized for leafy vegetables and high refined cereals, whereas, fortification of calcium and phosphorus is practiced in producing baby food formula. Fortification for maize and wheat flour is beneficial for eradicating iron deficiency anaemia as it is done with zinc, folic acid, iron, and various other micronutrients. This is further expected to stimulate market growth during the forecast period.

Market Segment

On the basis of type, the global food fortifying agents market is divided into probiotic vitamins, proteins and amino acids, lipids prebiotics, carbohydrates, and minerals.

By application, the market is further categorized into infant formulas, cereals and cereals based products, fats and oils, dietary supplements, dairy and dairy based products, bulk food items, and feed.

In terms of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Regional Insights

North America to Ace the Market Owing to Rising Health Consciousness

North America is expected to hold the majority of the shares in the global food fortifying agents market and maintain the top position. This is owing to the rising awareness about consuming a healthy and nutritional diet. This awareness is backed by major public welfare organizations, such as WHO and FAO. This shall further stimulate the regional market growth.

Asia Pacific is anticipated to portray substantial growth and hold the second-largest share for food fortifying agents in the global market. The growth is owing to the increasing demand and consumption in the food and beverage industry due to the rising population in countries, such as China and India. Moreover, major manufacturers of food fortifying agents present in this region are estimated to further drive the market growth.

Europe is anticipated to showcase decent growth on account of huge expenditures on the food and beverage industry for gaining maximum nutrition in daily intakes of people in this region.

 Information Source: https://www.fortunebusinessinsights.com/food-fortifying-agents-market-103958