Food Fortifying Agents Market Introduction and Overview
According to SPER Market Research, the Global Food Fortifying Agents Market is estimated to reach USD 249.22 million by 2034 with a CAGR of 9.39%.
The market is primarily driven by rising demand for nutrient-dense diets to combat prevalent inadequacies, particularly in developing countries. Public health programs and government rules that require fortification play an important role in combating malnutrition and disease prevention. Consumers' increasing health consciousness, combined with the growing popularity of functional foods and dietary supplements, drives market expansion. Furthermore, developments in food fortification technologies and the expansion of the food and beverage sector help producers include these agents into a wider range of products.
- In April 2024: PLANTSTRONG, a plant-based food brand, has entered the plant-based milk market, offering four shelf-stable versions supplemented with vital elements such as calcium, vitamin D, and vitamin B12. Consumer worries about chemicals and vitamin deficiencies in many plant-based products have been addressed by the company's meticulous formulation of milk.
- In March 2023: Dairy Farmers of America (DFA) collaborated with Good Culture to produce probiotic-fortified, lactose-free UHT milk. This product is the first of its kind in the United States, combining dairy's nutritional benefits with micro biome-boosting probiotics to provide an inexpensive alternative to kefir and kombucha.
By Type: Vitamins lead the market by category, accounting for 28% of total revenue in 2024, owing to widespread deficiencies in populations around the world and the well-documented health advantages they offer. To combat malnutrition and avoid related health conditions such as rickets, anemia, and neural tube defects, government initiatives and public health programs have heavily emphasized the fortification of basic foods with critical vitamins such as A, D, B12, and folate. Regulatory organizations assist these initiatives by mandating or encouraging vitamin fortification in order to improve public health outcomes. Furthermore, consumers are well aware of the necessity of vitamins in sustaining general health, making them more open to vitamin-fortified foods, which drives market demand.
By Application: Dairy and dairy-based products dominated the market in terms of revenue share in 2024, owing to their widespread consumption and compatibility with various fortifying agents. These products, such as milk, yogurt, and cheese, are staples in many people's diets around the world, making them excellent transporters of critical nutrients including calcium, vitamin D, and probiotics. The intrinsic nutritional profile of dairy products can easily be improved by extra fortification, which is critical in treating inadequacies, particularly in youngsters and the elderly. Furthermore, the well-established dairy industry infrastructure allows for fast fortification processes and widespread distribution, ensuring that fortified dairy products reach a significant number of consumers. Consumers' impression of dairy products as healthful and nutritious influences their choice for fortified variants.
Market Competitive Landscape:
The Global Food Fortifying Agents Market is highly consolidated. Some of the market players are Advanced Organic Materials, S.A., ADM, BASF SE, Cargill Incorporated, DSM, DuPont, Eastman Chemical Company, International Flavors & Fragrances Inc. (IFF), Kalsec Inc., Kemin Industries, Inc., and Others
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Type, By Application. |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe. |
| Companies Covered | Advanced Organic Materials, S.A., ADM,BASF SE, Cargill Incorporated, DSM, DuPont, Eastman Chemical Company, International Flavors & Fragrances Inc. (IFF),Kalsec Inc., Kemin Industries, Inc., and Others. |
Key Topics Covered in the Report:
- Global Food Fortifying Agents Market Size (FY’2021-FY’2034)
- Overview of Global Food Fortifying Agents Market
- Segmentation of Global Food Fortifying Agents Market By Type (Vitamins, Minerals, Proteins & Amino Acids, Carbohydrates, Prebiotics & Probiotics, Lipids and Others)
- Segmentation of Global Food Fortifying Agents Market By Application (Dairy & Dairy-based Products,Infant Formula, Cereals & Cereal-based Products, Beverages, Dietary supplements, Fats & oils and Others)
- Statistical Snap of Global Food Fortifying Agents Market
- Expansion Analysis of Global Food Fortifying Agents Market
- Problems and Obstacles in Global Food Fortifying Agents Market
- Competitive Landscape in the Global Food Fortifying Agents Market
- Details on Current Investment in Global Food Fortifying Agents Market
- Competitive Analysis of Global Food Fortifying Agents Market
- Prominent Players in the Global Food Fortifying Agents Market
- SWOT Analysis of Global Food Fortifying Agents Market
- Global Food Fortifying Agents Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Food Fortifying Agents Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Food Fortifying Agents Market
7. Global Food Fortifying Agents Market, By Type (USD Million) 2021-2034
7.1. Vitamins
7.2. Minerals
7.3. Proteins & Amino Acids
7.4. Carbohydrates
7.5. Prebiotics & Probiotics
7.6. Lipids
7.7. Others
8. Global Food Fortifying Agents Market, By Application (USD Million) 2021-2034
8.1. Dairy & Dairy-based Products
8.2. Infant Formula
8.3. Cereals & Cereal-based Products
8.4. Beverages
8.5. Dietary supplements
8.6. Fats & oils
8.7. Others
9. Global Food Fortifying Agents Market, (USD Million) 2021-2034
9.1. Global Food Fortifying Agents Market Size and Market Share
10. Global Food Fortifying Agents Market, By Region, (USD Million) 2021-2034
10.1. Asia-Pacific
10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada
10.4.2. Mexico
10.4.3. United States
10.5. Latin America
10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America
11. Company Profile
11.1. Advanced Organic Materials, S.A.
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. ADM
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. BASF SE
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Cargill Incorporated
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. DSM
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. DuPont
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Eastman Chemical Company
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. International Flavors & Fragrances Inc. (IFF)
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Kalsec Inc.
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Kemin Industries, Inc.
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
