Global Mineral Enriched Food Beverage Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Mineral Enriched Food Beverage Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Cereal based products, Dairy Products, Beverages, Infant Formulas, and Others), Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Pharmacy/Drug Store, Online Retail Store, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Mineral Enriched Food Beverage Market was valued at USD 1,121.1 million in 2023 and is expected to reach USD 1,800.3 million by 2031 while growing at a CAGR of 6.1% 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 mineral-enriched food beverage market growth. Mineral-enriched food and beverages are fortified with essential minerals to enhance nutritional content, addressing dietary deficiencies and providing additional health benefits. Commonly added minerals include calcium, iron, zinc, magnesium, potassium, each offering unique health advantages.
Increasing consumer awareness of nutritional deficiencies and rising interest in functional foods drive the growth of the mineral enriched food and beverage market. However, obstacles such as taste and texture challenges, along with consumer perception and education, may hinder market expansion.
Furthermore, the global mineral-enriched food beverage industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Mineral Enriched Food Beverage Market is segmented among Cereal-based products, Dairy Products, Beverages, Infant formula, and Others, based on product type. In 2023, Cereal-based products 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 Distribution Channel Analysis
The Global Mineral Enriched Food Beverage Market is segmented among Supermarket/Hypermarket, Convenience Stores, Pharmacy/Drug Store, Online Retail Store, and Others, based on Distribution Channels. In 2023, Supermarket/Hypermarket 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 Mineral-Enriched Food Beverage 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 Asia Pacific 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 Abbott Laboratories, Kellogg Company, Nestle SA, PepsiCo, Inc., Amway Corporation, The Coca-Cola Company, The Hain Celestial Group, Inc., and Fulfil.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Mineral-Enriched Food Beverage Market Dynamics
Drivers
Restraints
Opportunity
4. Global Mineral-Enriched Food Beverage Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Mineral Enriched Food Beverage Market Segmentation, By Product Type
Global Mineral Enriched Food Beverage Market Share Analysis, By Product Type
Global Mineral Enriched Food Beverage Market Growth Analysis, By Product Type
Global Mineral Enriched Food Beverage Market Trends, By Product Type
o Cereal-based products
o Dairy Products
o Beverages
o Infant Formulas
o Others
6. Global Mineral Enriched Food Beverage Market Segmentation, By Distribution Channel
Global Mineral Enriched Food Beverage Market Share Analysis, By Distribution Channel
Global Mineral Enriched Food Beverage Market Growth Analysis, By Distribution Channel
Global Mineral Enriched Food Beverage Market Trends, By Distribution Channel
o Supermarkets/Hypermarkets
o Convenience Stores
o Pharmacy/Drug Store
o Online Retail Store
o Others
7. Global Mineral Enriched Food Beverage Market Segmentation, By Region
Global Mineral Enriched Food Beverage Market Share Analysis, By Region
Global Mineral Enriched Food Beverage Market Growth Analysis, By Region
Global Mineral Enriched Food Beverage Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Abbott Laboratories*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Kellogg Company
Nestle SA
PepsiCo, Inc.
Amway Corporation
The Coca-Cola Company
The Hain Celestial Group, Inc.
Fulfil
*Similar analysis will be provided for each company listed above.