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Food Fortifying Agents Market Analysis

Report ID: GMI6727
Published Date: Sep 2023
Report Format: PDF

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Food Fortifying Agents Market Analysis

Food Fortifying Agents Market Size, By Type, 2021 - 2032 (USD Billion)

The food fortifying agent market vitamins segment dominated around USD 39.1 billion revenue in 2022. Consumers seeking to address nutritional gaps and enhance overall health drive demand for foods fortified with essential vitamins.

The bone health segment accounted for 35% of the food fortifying agents market share in 2022. Growing demand for calcium and vitamin D-fortified products to support bone health in aging populations.

Food Fortifying Agents Market Revenue Share, By Health Benefits, (2022)

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The food fortifying agents market from dairy products segment is anticipated to grow at 7.6% CAGR through 2032. Calcium and vitamin D fortification to support bone health. Probiotic fortification in yogurts and cultured dairy products.

U.S. Food Fortifying Agents Market Size, 2020- 2032 (USD Billion)

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U.S. food fortifying agents market size held over USD 27.4 billion in 2022. Increasing health consciousness and awareness of nutritional deficiencies drive the demand for foods and beverages fortified with essential vitamins, minerals, and other nutrients.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of food fortifying agents was worth USD 83.80 billion in 2023 and is set to reach USD 164.5 billion by 2032, due to the increasing awareness of nutritional deficiencies and their impact on personal health worldwide.

The vitamins type segment recorded USD 39.1 billion in 2022, on account of the growing number of consumers seeking to address nutritional gaps and enhance overall health.

U.S. market size was worth USD 27.4 billion in revenue in 2022, owing to the growing demand for foods and beverages fortified with essential vitamins, minerals, and other nutrients among consumers in the region.

BASF SE, DSM Nutritional Products, Archer Daniels Midland Company (ADM), Cargill, Incorporated, Ingredion Incorporated, Kerry Group, Lonza Group, Tate & Lyle PLC, Glanbia Nutritionals, and Nutra Food Ingredients LLC are some of the major food fortifying agents companies worldwide.