Fortifying Agent Market Analysis and Forecast to 2032: By Type (Proteins & amino acids, Lipids, Prebiotics & Probiotics, Carbohydrates, Minerals, Vitamins, Others), Application (Infant formula, and Dairy & Dairy-Based Products, Cereals & cereal-based products, Fats & oils, Beverages, Dietary supplements, Others), and Region
The Global Fortifying Agent Market is expected to reach USD 65.2 billion by 2022, and expected to reach at 102.4 billion by 2032, registering a CAGR of 4.6% over the forecast period.
A fortifying agent is a material added to another substance to increase its strength or effectiveness. Fortifying agents are often used in food and beverages to improve their nutritional value or to make them more palatable. Common fortifying agents include vitamins, minerals, and amino acids.
Key Trends
The key trends in fortifying agent technology are the development of new and improved fortifying agents, the use of fortifying agents in a wider range of products, and the increased use of fortifying agents in developing countries.
New and improved fortifying agents are being developed all the time. Some of the latest developments include fortifying agents that are more effective in preventing deficiencies, fortifying agents that are more stable and have a longer shelf life, and fortifying agents that are more easily absorbed by the body.
The use of fortifying agents is also becoming more widespread. They are now being used in a wider range of products, including breakfast cereals, flour, bread, milk, and even some types of fruit and vegetables. The use of fortifying agents is also increasing in developing countries, where deficiencies are more common.
The increased use of fortifying agents is having a positive impact on the health of people around the world. Deficiencies in essential nutrients are being prevented, and people are living healthier lives as a result.
Key Drivers
The key drivers of the fortifying agent market are the rising demand for fortified foods and beverages, and the increasing awareness of the health benefits of fortifying agents. The rising demand for fortified foods and beverages is driven by the growing health consciousness among consumers and the increasing prevalence of chronic diseases. The increasing awareness of the health benefits of fortifying agents is driven by the growing health consciousness among consumers and the increasing prevalence of chronic diseases.
Restraints & Challenges
The key restraints and challenges in the fortifying agent market are the lack of awareness about the fortifying agent and the high cost of the fortifying agent. The lack of awareness about the fortifying agent is a major challenge as many people are not aware of the benefits of the fortifying agent. The high cost of the fortifying agent is another challenge as it is a costly product.
Market Segments
The report analyses the Fortifying Agent market based on type, Application, and regions. Based on type, it is segmented into Proteins & amino acids, Lipids, Prebiotics & Probiotics, Carbohydrates, Minerals, Vitamins, and Others. Based on Application, it is bifurcated into Infant formula, and Dairy & Dairy-Based Products, Cereals & cereal-based products, Fats & oils, Beverages, Dietary supplements, and Others. Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA.
Key Players
The Fortifying Agent Market report includes players such as Cargill, Incorporated, Royal DSM, CHR_Hansen Holdings A/S, E. I. du Pont de Nemours and Company, BASF SE, Arla Foods, Tate & Lyle, Ingredion, and Nestle SA.
Recent Development
- In 2022, USA-based food products manufacturer Angie’s Artisan Treats, LLC started offering Gluten-free flavored kettle corn “BOOMCHICKAPOP” in rose flavor.
- In 2021, Evolve BioSystems announces a major strategic investment from Cargill and Manna Tree to support innovative probiotic that dramatically improves infant gut health in California.
Fortifying Agent Market Report Coverage
- The report offers a comprehensive quantitative as well as qualitative analysis of the current Fortifying Agent Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
- The report also covers qualitative as well as quantitative analysis of Fortifying Agent Market in terms of revenue ($Million).
- Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the AFortifying Agent Market
- A thorough analysis of market trends and restraints is provided.
- By region as well as country market analysis is also presented in this report.
- Analytical depiction of the AFortifying Agent Market along with the current trends and future estimations to depict imminent investment pockets. The overall Fortifying Agent industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
- Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Fortifying Agent Market are also analyzed.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Fortifying Agent Market Outlook
3.1. Fortifying Agent Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Fortifying Agent Market
Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Fortifying Agent Market
4.3. Economic Impact Analysis
Chapter 5. Fortifying Agent Market By Type
5.1. Market Overview
5.2. Minerals
5.2.1. Market Size and Forecast, 2022-2032 ($Million)
5.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.3. Vitamins
5.3.1. Market Size and Forecast, 2022-2032 ($Million)
5.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.4. Others
5.4.1. Market Size and Forecast, 2022-2032 ($Million)
5.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
Chapter 6. Fortifying Agent Market By Application
6.1. Market Overview
6.2. Beverages
6.2.1. Market Size and Forecast, 2022-2032 ($Million)
6.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.3. Pulses and Cereals
6.3.1. Market Size and Forecast, 2022-2032 ($Million)
6.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.4. Fats
6.4.1. Market Size and Forecast, 2022-2032 ($Million)
6.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
Chapter 7. Fortifying Agent Market, by region
7.1. Overview
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. North America Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.2.3. North America Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.2.4. The U.S.
7.2.4.1. The U.S. Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.2.4.2. The U.S. Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.2.5. Canada
7.2.5.1. Canada Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.2.5.2. Canada Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.2.6. Mexico
7.2.6.1. Mexico Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.2.6.2. Mexico Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Europe Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.3.3. Europe Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.3.4. Germany
7.3.4.1. Germany Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.3.4.2. Germany Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.3.5. France
7.3.5.1. France Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.3.5.2. France Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.3.6. U.K.
7.3.6.1. U.K. Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.3.6.2. U.K. Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.3.7. Spain
7.3.7.1. Spain Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.3.7.2. Spain Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.3.8. Italy
7.3.8.1. Italy Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.3.8.2. Italy Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.3.9. Rest of Europe
7.3.9.1. Rest of Europe Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.3.9.2. Rest of Europe Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Asia-Pacific Fortifying Agent Market Size and Forecast by Country, 2022-2032, ($Million)
7.4.3. Asia-Pacific Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.4.4. China
7.4.4.1. China Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.4.4.2. China Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.4.5. India
7.4.5.1. India Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.4.5.2. India Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.4.6. Japan
7.4.6.1. Japan Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.4.6.2. Japan Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.4.7. South Korea
7.4.7.1. South Korea Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.4.7.2. South Korea Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.4.8. Rest of APAC
7.4.8.1. Rest of APAC Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.4.8.2. Rest of APAC Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.5. Rest of the World
7.5.1. Key Market Trends and Opportunities
7.5.2. Rest of the World Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.5.3. Rest of the World Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.5.4. Latin America
7.5.4.1. Latin America Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.5.4.2. Latin America Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.5.5. Middle East
7.5.5.1. Middle East Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.5.5.2. Middle East Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
7.5.6. Africa
7.5.6.1. Africa Fortifying Agent Market Size and Forecast By Application, 2022-2032, ($Million)
7.5.6.2. Africa Fortifying Agent Market Size and Forecast By Type, 2022-2032, ($Million)
Chapter 8. Competitive Landscape
8.1. Market Overview
8.2. Market Share Analysis/Key Player Positioning
8.3. Developmental Strategy Benchmarking
8.3.1. New Product Development
8.3.2. Product Launches
8.3.3. Business Expansions
8.3.4. Partnerships, Joint Ventures, and Collaborations
8.3.5. Mergers and Acquisitions
Chapter 9. Company Profiles
9.1. Cargill, Incorporate
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Offerings
9.1.4. Key Strategic Initiatives
9.1.5. SWOT Analysis
9.2. Royal DSM
9.2.1. Company Snapshot
9.2.2. Financial Performance
9.2.3. Product offerings
9.2.4. Key Strategic Initiatives
9.2.5. SWOT Analysis
9.3. CHR
9.3.1. Company Snapshot
9.3.2. Financial Performance
9.3.3. Product offerings
9.3.4. Key Strategic Initiatives
9.3.5. SWOT Analysis
9.4. Hansen Holdings A/S
9.4.1. Company Snapshot
9.4.2. Financial Performance
9.4.3. Product offerings
9.4.4. Key Strategic Initiatives
9.4.5. SWOT Analysis
9.5. E. I. du Pont de Nemours and Company
9.5.1. Company Snapshot
9.5.2. Financial Performance
9.5.3. Product offerings
9.5.4. Key Strategic Initiatives
9.5.5. SWOT Analysis
9.6. BASF SE
9.6.1. Company Snapshot
9.6.2. Financial Performance
9.6.3. Product offerings
9.6.4. Key Strategic Initiatives
9.6.5. SWOT Analysis
9.7. Arla Foods
9.7.1. Company Snapshot
9.7.2. Financial Performance
9.7.3. Product offerings
9.7.4. Key Strategic Initiatives
9.7.5. SWOT Analysis
9.8. Tate & Lyle
9.8.1. Company Snapshot
9.8.2. Financial Performance
9.8.3. Product offerings
9.8.4. Key Strategic Initiatives
9.8.5. SWOT Analysis
9.9. Ingredion
9.9.1. Company Snapshot
9.9.2. Financial Performance
9.9.3. Product offerings
9.9.4. Key Strategic Initiatives
9.9.5. SWOT Analysis
9.10. Nestle SA
9.10.1. Company Snapshot
9.10.2. Financial Performance
9.10.3. Product offerings
9.10.4. Key Strategic Initiatives
9.10.5. SWOT Analysis
*The list of company is subject to change during the final compilation of the report
Key Players
Market Segments
By Type
- Proteins & amino acids
- Vitamins
- Lipids
- Prebiotics & probiotics
- Carbohydrates
- Minerals
- Others
By Application
- Infant formula
- Dairy & Dairy-Based Products
- Cereals & cereal-based products
- Fats & oils
- Beverages
- Dietary supplements
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa