The global fortifying agent market is expected to reach a market valuation of USD 80.3 Billion by the year 2022, accelerating with a CAGR of 7.7% by 2022 to 2032.
| Attribute | Details |
|---|---|
| Fortifying Agent Market Size (2022E) | USD 80.3 Billion |
| Fortifying Agent Market Projected Size (2032F) | USD 168.9 Billion |
| Value CAGR (2022 to 2032) | 7.7% |
| Top 3 Countries Market Share | 38.8% |
Sales of fortifying agents are estimated to make up about 60% of the overall fortified food business. The fast-growing food processing industry is predicted to promote the product market's growth. Furthermore, the global fortifying agent market is projected to be fueled by a shift in consumer consumption patterns, with many people choosing food that is enhanced with nutritious benefits.
The demand for fortifying agents is predicted to increase from 2017 to 2022, owing to rising consumer health consciousness and the multiple benefits of fortifying agents. These characteristics have prompted the use of fortifying agents in a variety of industries, including food and beverage, pharmaceuticals, and pet food manufacturing.
Fortification agents in food are the process of the addition of micronutrients and vitamins to food products where food becomes more nutritious once it has been fortified. This procedure is used by food manufacturers to increase micronutrients and vitamins in their goods by adding fortification agents. Fortification agents are utilized in staple foods to reduce the dietary deficit and to boost the nutrients in dietary food and cereals, fortifying agents are used.
Fortifying agent sales grew at a CAGR of 7.2% between 2017 and 2022. The period marked the entry of various market players and product innovations.
The increased demand for healthful foods is the primary driver of fortifying agents. Because of the changing lifestyles, consumers are becoming more conscious of healthy food products. Numerous issues function as roadblocks to the market expansion of fortifying agents.
Moreover, toxins are produced in the body as a result of excessive absorption of dietary fortifying agents. Vitamins A, D, and E are fat-soluble vitamins that are absorbed into fat and saturate the body's supply.
Fortifying agents are used to improving the nutritional content of food. It aids in the reduction of chronic diseases caused by a lack of nutritional diets, such as high blood pressure, cardiovascular disease, Alzheimer's disease, and many others. The first sort of food fortification is compulsory, whereas the second type is optional. The FDA has set criteria and requirements for required food fortification.
Pharmaceuticals and pet food manufacturers both utilize fortifying agents. Minerals, vitamins, lipids, carbs, proteins, and other food fortifying agents are only a few examples. Because of their local soil and a dearth of staple foods, consumers' diets in various locations may be deficient in specific nutrients, increasing in demand for food fortifying agents. Food fortifying agents can be found in milk, cereals, and nutritional foods.
Vitamin C fortification is used in beverages and juices to increase vitamin C content; calcium and phosphorus fortification is used in the newborn formula, and vitamin A fortification is used in milk. As the global population of people who are malnourished grows, so does the demand for food fortifying agents.
The USA is one of dominating markets for fortifying agents and sales as the rising demand for nutritional enriched products is rising in the country.
Additionally, consumers choose healthier food as chronic diseases and obesity become more prevalent, pushing the market for fortifying agents. Moreover, the market for fortified foods is predicted to develop in the USA as people become more aware of nutrient deficiencies such as iodine, vitamin A & D, and myopia.
Fortifying agents in China are likely to be driven by the Chinese Ministry of Health's promotion of fortified foods, as well as growing health concerns connected to age, myopia in adults, and other disorders. However, in China, lower income and awareness levels, as well as the limited practicality of lucrative distribution to rural areas, provided a significant impediment to the growth of the fortified agent business.
In India, the market for fortifying agents is rapidly expanding. Food fortification has been identified by the Food and Agricultural Organization (FAO) and the World Health Organization (WHO) as one of the most important measures for reducing malnutrition in developing nations. As a result, the use of fortifying agents is becoming more common in the business. Fortifying agents are utilized in developing countries like India to bridge the gap between agriculture and nutrition.
Additionally, the key restriction in this industry is the high cost of fortification agents. The level of the fortification varies depending on the food manufacturer in the region. The majority of food manufacturing companies use fortification to improve the quality of their products.
Due to the rising frequency of disorders caused by vitamin deficiency, such as rickets and osteoporosis, rising healthcare costs, and a growing aging population, During the projection period, the vitamin segment held the largest share of the fortifying agents market in terms of value.
Additionally, vitamins are required for immunological function, energy synthesis, blood coagulation, and a variety of other processes. Minerals, on the other hand, are essential for bone health, growth, fluid equilibrium, and a variety of other processes. This is why the sales of vitamins are expected to grow with a CAGR of 8.4% in the forecasted period.
Cereals, dairy, fats and oils, and infant food items are some of the biggest consumers of fortifying agents. Food quality and nutrition have improved, allowing them to be used in a wider range of applications in the food sector, including bakery, breakfast foods, and beverages. The use of fortifying agents in baked goods such as biscuits, cookies, cakes, pastries, and bread is quickly rising.
Consumers are more likely to consume food items with higher health advantages if the price is not a factor. During the projection period, an increased number of food items using novel fortifying agents are predicted to hit the market.
The Fortifying Agent market is fragmented, with the leading companies driving growth. Investments and expansions have emerged as the most popular method for gaining and retaining new clients around the world among major players. They also focused on purchasing up-and-coming local players to expand their business on a global scale while maintaining market competitiveness.
| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Billion for Value and Metric Ton for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; and Middle East & Africa |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others. |
| Key Segments Covered | Agent Type, Form, Application, and Region |
| Key Companies Profiled | Cargill, Incorporated; Royal DSM; CHR. Hansen Holdings A/S; E. I. du Pont de Nemours and Company; BASF SE; Arla Foods; Tate & Lyle; Ingredion; The Archer Daniels Midland Company; Nestle SA; Others (on additional request) |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
Table 1: Global Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Market Volume (MT) Forecast by Region, 2017-2032
Table 3: Global Market Value (US$ Mn) Forecast by Ingredient, 2017-2032
Table 4: Global Market Volume (MT) Forecast by Ingredient, 2017-2032
Table 5: Global Market Value (US$ Mn) Forecast by Form, 2017-2032
Table 6: Global Market Volume (MT) Forecast by Form, 2017-2032
Table 7: Global Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 8: Global Market Volume (MT) Forecast by Application, 2017-2032
Table 9: North America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 10: North America Market Volume (MT) Forecast by Country, 2017-2032
Table 11: North America Market Value (US$ Mn) Forecast by Ingredient, 2017-2032
Table 12: North America Market Volume (MT) Forecast by Ingredient, 2017-2032
Table 13: North America Market Value (US$ Mn) Forecast by Form, 2017-2032
Table 14: North America Market Volume (MT) Forecast by Form, 2017-2032
Table 15: North America Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 16: North America Market Volume (MT) Forecast by Application, 2017-2032
Table 17: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 18: Latin America Market Volume (MT) Forecast by Country, 2017-2032
Table 19: Latin America Market Value (US$ Mn) Forecast by Ingredient, 2017-2032
Table 20: Latin America Market Volume (MT) Forecast by Ingredient, 2017-2032
Table 21: Latin America Market Value (US$ Mn) Forecast by Form, 2017-2032
Table 22: Latin America Market Volume (MT) Forecast by Form, 2017-2032
Table 23: Latin America Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 24: Latin America Market Volume (MT) Forecast by Application, 2017-2032
Table 25: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 26: Europe Market Volume (MT) Forecast by Country, 2017-2032
Table 27: Europe Market Value (US$ Mn) Forecast by Ingredient, 2017-2032
Table 28: Europe Market Volume (MT) Forecast by Ingredient, 2017-2032
Table 29: Europe Market Value (US$ Mn) Forecast by Form, 2017-2032
Table 30: Europe Market Volume (MT) Forecast by Form, 2017-2032
Table 31: Europe Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 32: Europe Market Volume (MT) Forecast by Application, 2017-2032
Table 33: East Asia Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 34: East Asia Market Volume (MT) Forecast by Country, 2017-2032
Table 35: East Asia Market Value (US$ Mn) Forecast by Ingredient, 2017-2032
Table 36: East Asia Market Volume (MT) Forecast by Ingredient, 2017-2032
Table 37: East Asia Market Value (US$ Mn) Forecast by Form, 2017-2032
Table 38: East Asia Market Volume (MT) Forecast by Form, 2017-2032
Table 39: East Asia Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 40: East Asia Market Volume (MT) Forecast by Application, 2017-2032
Table 41: South Asia Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 42: South Asia Market Volume (MT) Forecast by Country, 2017-2032
Table 43: South Asia Market Value (US$ Mn) Forecast by Ingredient, 2017-2032
Table 44: South Asia Market Volume (MT) Forecast by Ingredient, 2017-2032
Table 45: South Asia Market Value (US$ Mn) Forecast by Form, 2017-2032
Table 46: South Asia Market Volume (MT) Forecast by Form, 2017-2032
Table 47: South Asia Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 48: South Asia Market Volume (MT) Forecast by Application, 2017-2032
Table 49: Oceania Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 50: Oceania Market Volume (MT) Forecast by Country, 2017-2032
Table 51: Oceania Market Value (US$ Mn) Forecast by Ingredient, 2017-2032
Table 52: Oceania Market Volume (MT) Forecast by Ingredient, 2017-2032
Table 53: Oceania Market Value (US$ Mn) Forecast by Form, 2017-2032
Table 54: Oceania Market Volume (MT) Forecast by Form, 2017-2032
Table 55: Oceania Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 56: Oceania Market Volume (MT) Forecast by Application, 2017-2032
Table 57: MEA Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 58: MEA Market Volume (MT) Forecast by Country, 2017-2032
Table 59: MEA Market Value (US$ Mn) Forecast by Ingredient, 2017-2032
Table 60: MEA Market Volume (MT) Forecast by Ingredient, 2017-2032
Table 61: MEA Market Value (US$ Mn) Forecast by Form, 2017-2032
Table 62: MEA Market Volume (MT) Forecast by Form, 2017-2032
Table 63: MEA Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 64: MEA Market Volume (MT) Forecast by Application, 2017-2032
Figure 1: Global Market Value (US$ Mn) by Ingredient, 2022-2032
Figure 2: Global Market Value (US$ Mn) by Form, 2022-2032
Figure 3: Global Market Value (US$ Mn) by Application, 2022-2032
Figure 4: Global Market Value (US$ Mn) by Region, 2022-2032
Figure 5: Global Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 6: Global Market Volume (MT) Analysis by Region, 2017-2032
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 9: Global Market Value (US$ Mn) Analysis by Ingredient, 2017-2032
Figure 10: Global Market Volume (MT) Analysis by Ingredient, 2017-2032
Figure 11: Global Market Value Share (%) and BPS Analysis by Ingredient, 2022-2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by Ingredient, 2022-2032
Figure 13: Global Market Value (US$ Mn) Analysis by Form, 2017-2032
Figure 14: Global Market Volume (MT) Analysis by Form, 2017-2032
Figure 15: Global Market Value Share (%) and BPS Analysis by Form, 2022-2032
Figure 16: Global Market Y-o-Y Growth (%) Projections by Form, 2022-2032
Figure 17: Global Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 18: Global Market Volume (MT) Analysis by Application, 2017-2032
Figure 19: Global Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 20: Global Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 21: Global Market Attractiveness by Ingredient, 2022-2032
Figure 22: Global Market Attractiveness by Form, 2022-2032
Figure 23: Global Market Attractiveness by Application, 2022-2032
Figure 24: Global Market Attractiveness by Region, 2022-2032
Figure 25: North America Market Value (US$ Mn) by Ingredient, 2022-2032
Figure 26: North America Market Value (US$ Mn) by Form, 2022-2032
Figure 27: North America Market Value (US$ Mn) by Application, 2022-2032
Figure 28: North America Market Value (US$ Mn) by Country, 2022-2032
Figure 29: North America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 30: North America Market Volume (MT) Analysis by Country, 2017-2032
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 33: North America Market Value (US$ Mn) Analysis by Ingredient, 2017-2032
Figure 34: North America Market Volume (MT) Analysis by Ingredient, 2017-2032
Figure 35: North America Market Value Share (%) and BPS Analysis by Ingredient, 2022-2032
Figure 36: North America Market Y-o-Y Growth (%) Projections by Ingredient, 2022-2032
Figure 37: North America Market Value (US$ Mn) Analysis by Form, 2017-2032
Figure 38: North America Market Volume (MT) Analysis by Form, 2017-2032
Figure 39: North America Market Value Share (%) and BPS Analysis by Form, 2022-2032
Figure 40: North America Market Y-o-Y Growth (%) Projections by Form, 2022-2032
Figure 41: North America Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 42: North America Market Volume (MT) Analysis by Application, 2017-2032
Figure 43: North America Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 44: North America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 45: North America Market Attractiveness by Ingredient, 2022-2032
Figure 46: North America Market Attractiveness by Form, 2022-2032
Figure 47: North America Market Attractiveness by Application, 2022-2032
Figure 48: North America Market Attractiveness by Country, 2022-2032
Figure 49: Latin America Market Value (US$ Mn) by Ingredient, 2022-2032
Figure 50: Latin America Market Value (US$ Mn) by Form, 2022-2032
Figure 51: Latin America Market Value (US$ Mn) by Application, 2022-2032
Figure 52: Latin America Market Value (US$ Mn) by Country, 2022-2032
Figure 53: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 54: Latin America Market Volume (MT) Analysis by Country, 2017-2032
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 57: Latin America Market Value (US$ Mn) Analysis by Ingredient, 2017-2032
Figure 58: Latin America Market Volume (MT) Analysis by Ingredient, 2017-2032
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Ingredient, 2022-2032
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Ingredient, 2022-2032
Figure 61: Latin America Market Value (US$ Mn) Analysis by Form, 2017-2032
Figure 62: Latin America Market Volume (MT) Analysis by Form, 2017-2032
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Form, 2022-2032
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Form, 2022-2032
Figure 65: Latin America Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 66: Latin America Market Volume (MT) Analysis by Application, 2017-2032
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 69: Latin America Market Attractiveness by Ingredient, 2022-2032
Figure 70: Latin America Market Attractiveness by Form, 2022-2032
Figure 71: Latin America Market Attractiveness by Application, 2022-2032
Figure 72: Latin America Market Attractiveness by Country, 2022-2032
Figure 73: Europe Market Value (US$ Mn) by Ingredient, 2022-2032
Figure 74: Europe Market Value (US$ Mn) by Form, 2022-2032
Figure 75: Europe Market Value (US$ Mn) by Application, 2022-2032
Figure 76: Europe Market Value (US$ Mn) by Country, 2022-2032
Figure 77: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 78: Europe Market Volume (MT) Analysis by Country, 2017-2032
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 81: Europe Market Value (US$ Mn) Analysis by Ingredient, 2017-2032
Figure 82: Europe Market Volume (MT) Analysis by Ingredient, 2017-2032
Figure 83: Europe Market Value Share (%) and BPS Analysis by Ingredient, 2022-2032
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Ingredient, 2022-2032
Figure 85: Europe Market Value (US$ Mn) Analysis by Form, 2017-2032
Figure 86: Europe Market Volume (MT) Analysis by Form, 2017-2032
Figure 87: Europe Market Value Share (%) and BPS Analysis by Form, 2022-2032
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Form, 2022-2032
Figure 89: Europe Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 90: Europe Market Volume (MT) Analysis by Application, 2017-2032
Figure 91: Europe Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 93: Europe Market Attractiveness by Ingredient, 2022-2032
Figure 94: Europe Market Attractiveness by Form, 2022-2032
Figure 95: Europe Market Attractiveness by Application, 2022-2032
Figure 96: Europe Market Attractiveness by Country, 2022-2032
Figure 97: East Asia Market Value (US$ Mn) by Ingredient, 2022-2032
Figure 98: East Asia Market Value (US$ Mn) by Form, 2022-2032
Figure 99: East Asia Market Value (US$ Mn) by Application, 2022-2032
Figure 100: East Asia Market Value (US$ Mn) by Country, 2022-2032
Figure 101: East Asia Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 102: East Asia Market Volume (MT) Analysis by Country, 2017-2032
Figure 103: East Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 104: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 105: East Asia Market Value (US$ Mn) Analysis by Ingredient, 2017-2032
Figure 106: East Asia Market Volume (MT) Analysis by Ingredient, 2017-2032
Figure 107: East Asia Market Value Share (%) and BPS Analysis by Ingredient, 2022-2032
Figure 108: East Asia Market Y-o-Y Growth (%) Projections by Ingredient, 2022-2032
Figure 109: East Asia Market Value (US$ Mn) Analysis by Form, 2017-2032
Figure 110: East Asia Market Volume (MT) Analysis by Form, 2017-2032
Figure 111: East Asia Market Value Share (%) and BPS Analysis by Form, 2022-2032
Figure 112: East Asia Market Y-o-Y Growth (%) Projections by Form, 2022-2032
Figure 113: East Asia Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 114: East Asia Market Volume (MT) Analysis by Application, 2017-2032
Figure 115: East Asia Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 117: East Asia Market Attractiveness by Ingredient, 2022-2032
Figure 118: East Asia Market Attractiveness by Form, 2022-2032
Figure 119: East Asia Market Attractiveness by Application, 2022-2032
Figure 120: East Asia Market Attractiveness by Country, 2022-2032
Figure 121: South Asia Market Value (US$ Mn) by Ingredient, 2022-2032
Figure 122: South Asia Market Value (US$ Mn) by Form, 2022-2032
Figure 123: South Asia Market Value (US$ Mn) by Application, 2022-2032
Figure 124: South Asia Market Value (US$ Mn) by Country, 2022-2032
Figure 125: South Asia Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 126: South Asia Market Volume (MT) Analysis by Country, 2017-2032
Figure 127: South Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 128: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 129: South Asia Market Value (US$ Mn) Analysis by Ingredient, 2017-2032
Figure 130: South Asia Market Volume (MT) Analysis by Ingredient, 2017-2032
Figure 131: South Asia Market Value Share (%) and BPS Analysis by Ingredient, 2022-2032
Figure 132: South Asia Market Y-o-Y Growth (%) Projections by Ingredient, 2022-2032
Figure 133: South Asia Market Value (US$ Mn) Analysis by Form, 2017-2032
Figure 134: South Asia Market Volume (MT) Analysis by Form, 2017-2032
Figure 135: South Asia Market Value Share (%) and BPS Analysis by Form, 2022-2032
Figure 136: South Asia Market Y-o-Y Growth (%) Projections by Form, 2022-2032
Figure 137: South Asia Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 138: South Asia Market Volume (MT) Analysis by Application, 2017-2032
Figure 139: South Asia Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 140: South Asia Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 141: South Asia Market Attractiveness by Ingredient, 2022-2032
Figure 142: South Asia Market Attractiveness by Form, 2022-2032
Figure 143: South Asia Market Attractiveness by Application, 2022-2032
Figure 144: South Asia Market Attractiveness by Country, 2022-2032
Figure 145: Oceania Market Value (US$ Mn) by Ingredient, 2022-2032
Figure 146: Oceania Market Value (US$ Mn) by Form, 2022-2032
Figure 147: Oceania Market Value (US$ Mn) by Application, 2022-2032
Figure 148: Oceania Market Value (US$ Mn) by Country, 2022-2032
Figure 149: Oceania Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 150: Oceania Market Volume (MT) Analysis by Country, 2017-2032
Figure 151: Oceania Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 152: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 153: Oceania Market Value (US$ Mn) Analysis by Ingredient, 2017-2032
Figure 154: Oceania Market Volume (MT) Analysis by Ingredient, 2017-2032
Figure 155: Oceania Market Value Share (%) and BPS Analysis by Ingredient, 2022-2032
Figure 156: Oceania Market Y-o-Y Growth (%) Projections by Ingredient, 2022-2032
Figure 157: Oceania Market Value (US$ Mn) Analysis by Form, 2017-2032
Figure 158: Oceania Market Volume (MT) Analysis by Form, 2017-2032
Figure 159: Oceania Market Value Share (%) and BPS Analysis by Form, 2022-2032
Figure 160: Oceania Market Y-o-Y Growth (%) Projections by Form, 2022-2032
Figure 161: Oceania Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 162: Oceania Market Volume (MT) Analysis by Application, 2017-2032
Figure 163: Oceania Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 164: Oceania Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 165: Oceania Market Attractiveness by Ingredient, 2022-2032
Figure 166: Oceania Market Attractiveness by Form, 2022-2032
Figure 167: Oceania Market Attractiveness by Application, 2022-2032
Figure 168: Oceania Market Attractiveness by Country, 2022-2032
Figure 169: MEA Market Value (US$ Mn) by Ingredient, 2022-2032
Figure 170: MEA Market Value (US$ Mn) by Form, 2022-2032
Figure 171: MEA Market Value (US$ Mn) by Application, 2022-2032
Figure 172: MEA Market Value (US$ Mn) by Country, 2022-2032
Figure 173: MEA Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 174: MEA Market Volume (MT) Analysis by Country, 2017-2032
Figure 175: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 176: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 177: MEA Market Value (US$ Mn) Analysis by Ingredient, 2017-2032
Figure 178: MEA Market Volume (MT) Analysis by Ingredient, 2017-2032
Figure 179: MEA Market Value Share (%) and BPS Analysis by Ingredient, 2022-2032
Figure 180: MEA Market Y-o-Y Growth (%) Projections by Ingredient, 2022-2032
Figure 181: MEA Market Value (US$ Mn) Analysis by Form, 2017-2032
Figure 182: MEA Market Volume (MT) Analysis by Form, 2017-2032
Figure 183: MEA Market Value Share (%) and BPS Analysis by Form, 2022-2032
Figure 184: MEA Market Y-o-Y Growth (%) Projections by Form, 2022-2032
Figure 185: MEA Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 186: MEA Market Volume (MT) Analysis by Application, 2017-2032
Figure 187: MEA Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 188: MEA Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 189: MEA Market Attractiveness by Ingredient, 2022-2032
Figure 190: MEA Market Attractiveness by Form, 2022-2032
Figure 191: MEA Market Attractiveness by Application, 2022-2032
Figure 192: MEA Market Attractiveness by Country, 2022-2032
The fortifying agent market will reach nearly USD 80.3 Billion by 2022.
The fortifying agent market is anticipated to reach a valuation of USD 168.9 Billion by 2032 end.
The fortifying agent market is expected to register a 7.7% CAGR between 2022 and 2032.
Demand for fortifying agents in East and South Asia countries is anticipated to drive the demand during the forecast period of 2022 to 2032.
A few of the key players in the market are Cargill, Incorporated, Royal DSM, CHR. Hansen Holdings A/S, E. I. du Pont de Nemours and Company, BASF SE, Arla Food, Tate & Lyle, Ingredion, The Archer Daniels Midland Company, and Nestle SA among others.
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Fortifying Agent Market
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