Market Overview

The Global Food Fortifying Agents Market was valued at USD 88,224.9 million in 2023 and is expected to reach USD 190,497.7 million by 2031 while growing at a CAGR of 10.1% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global food fortifying agents market growth. Food fortifying agents boost nutritional content by adding specific essential vitamins, minerals, or nutrients to address and prevent deficiencies. They enhance the overall nutritional profile of foods, supporting public health initiatives against specific nutrient gaps in populations.

Increasing awareness of micronutrient deficiencies and government initiatives are driving the growth of the food fortifying agents market. However, obstacles like consumer perception, acceptance, and concerns about over-fortification may impede market expansion.

Furthermore, the global food fortifying agents industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Food Fortifying Agents Market is segmented among Proteins & amino acids, Vitamins, Lipids, Prebiotics & probiotics, Carbohydrates, Minerals, and Others, based on Type. In 2023, Minerals accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global Food Fortifying Agents Market is segmented among Infant formula, Dairy & Dairy-Based Products, Cereals & cereal-based products, Fats & oils, Beverages, Dietary supplements, and Others, based on Application. In 2023, Fats & oils accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Food Fortifying Agents Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Cargill Incorporated, Archer Daniels Midland Company, BASF SE, DuPont, Advanced Organic Materials, S.A., Eastman Chemical Company, Kalsec Inc., DSM, International Flavors & Fragrances Inc. IFF, and Kemin Industries, Inc.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Food Fortifying Agents Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Food Fortifying Agents Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Food Fortifying Agents Market Segmentation, By Type

• Global Food Fortifying Agents Market Share Analysis, By Type

• Global Food Fortifying Agents Market Growth Analysis, By Type

• Global Food Fortifying Agents Market Trends, By Type

o Proteins & amino acids

o Vitamins

o Lipids

o Prebiotics & probiotics

o Carbohydrates

o Minerals

o Others

6. Global Food Fortifying Agents Market Segmentation, By Application

• Global Food Fortifying Agents Market Share Analysis, By Application

• Global Food Fortifying Agents Market Growth Analysis, By Application

• Global Food Fortifying Agents Market Trends, By Application

o Infant formula

o Dairy & Dairy-Based Products

o Cereals & cereal-based products

o Fats & oils

o Beverages

o Dietary supplements

o Others

7. Global Food Fortifying Agents Market Segmentation, By Region

• Global Food Fortifying Agents Market Share Analysis, By Region

• Global Food Fortifying Agents Market Growth Analysis, By Region

• Global Food Fortifying Agents Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Cargill Incorporated*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Archer Daniels Midland Company

• BASF SE

• DuPont

• Advanced Organic Materials, S.A.

• Eastman Chemical Company

• Kalsec Inc.

• DSM

• International Flavors & Fragrances Inc. IFF

• Kemin Industries, Inc  

 *Similar analysis will be provided for each company listed above.