Food Fortifying Agents Market by Type, Application & Region - 2020 | MarketsandMarkets


Posted May 20, 2019 by akshjain

The food fortifying agents market is projected to reach USD 69.8 Billion by 2020 growing at a CAGR of 16.7% from 2015 to 2020.

 
The food fortifying agents market is segmented on the basis of type into minerals, vitamins, lipids, carbohydrates, proteins & amino acids, prebiotics, probiotics, and others. With the increasing health-consciousness among the consumers and multi-benefits of food fortifying agents, the demand for food fortifying agents is expected to enhance the market growth from 2015 to 2020.

These factors have led to the adoption of the food fortifying agents in various food & beverages, pharmaceuticals, and pet food manufacturing industries, among others. The vitamin segment accounted for the largest share of the food fortifying agents market in terms of value, during the forecast period, due to the increasing incidence of diseases out of vitamin deficiency such as rickets and osteoporosis, increasing healthcare cost, and growing aging population.

To know about the assumptions considered for the study, download the pdf brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72061350

The market for food fortifying agents is projected to reach ~USD 69.8 Billion by 2020, at a CAGR of about 16.7% from 2015 to 2020. The global market is fueled by the growing health awareness among consumers and the increasing incidences of chronic conditions such as blood pressure, diabetes, cardiovascular diseases, and cancer. Globally, the rise in aging populations and the growing health concerns have led to a large-scale adoption of food fortifying agents for various applications.

This market is fragmented and competitive, with a large number of players operating at regional and local levels. The key players in the market adopted new product launches as their preferred growth strategy. Key players such as Cargill, Incorporated (U.S.), Royal DSM (The Netherlands), CHR. Hansen Holdings A/S (Denmark), E. I. du Pont de Nemours and Company (U.S.), BASF SE (Germany), Arla Foods (Denmark), Tate & Lyle (U.K.), Ingredion (U.S.), The Archer Daniels Midland Company (U.S.), and Nestle SA (Switzerland) have been profiled in the report.

Read more: https://www.marketsandmarkets.com/Market-Reports/food-fortifying-agents-market-72061350.html
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Issued By Markets and Markets
Country India
Categories Food , Marketing
Tags food fortifying agents market , food fortifying market
Last Updated May 20, 2019