Food Fortifying Agents - Global Strategic Business Report

Global Food Fortifying Agents Market to Reach $131.5 Billion by 2030

The global market for Food Fortifying Agents estimated at US$69.3 Billion in the year 2022, is projected to reach a revised size of US$131.5 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030. Vitamins, one of the segments analyzed in the report, is projected to record 10.8% CAGR and reach US$38.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Proteins & Amino Acids segment is readjusted to a revised 7.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $18.9 Billion, While China is Forecast to Grow at 12.8% CAGR

The Food Fortifying Agents market in the U.S. is estimated at US$18.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$30.6 Billion by the year 2030 trailing a CAGR of 12.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

Select Competitors (Total 53 Featured) -

• Archer Daniels Midland Company
• Arla Foods
• BASF SE
• Cargill, Incorporated
• CHR. Hansen Holdings A/S
• E. I. du Pont de Nemours and Company
• Evonik Industries AG
• Hansen Holdings A/S
• Ingredion
• Kellogg Co.
• Nestle SA
• PPG Industries, Inc.
• Royal DSM
• Tate & Lyle

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• Global competitiveness and key competitor percentage market shares
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