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Food Fortifying Agents Market Trends

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

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Food Fortifying Agents Market Trends

Consumers are demanding foods that provide functional benefits beyond basic nutrition. Fortified foods that offer specific health benefits, such as immunity support or cognitive enhancement, are gaining popularity. Advances in technology allow for personalized nutrition recommendations based on individual needs and preferences. Fortification can play a role in creating tailored dietary solutions. Consumers are looking for clean label products with recognizable and natural ingredients. Natural fortifying agents derived from plant sources are becoming more desirable.

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.