Food Fortification Market

Food Fortification Market Outlook 2024 to 2034

In the culinary landscape, the symphony of food fortification orchestrates a tale of opportunity and nourishment. Future Market Insights new report unveils a feast of possibilities in the food fortification industry, with a current valuation of USD 106.7 billion in 2024.

The appetite for clarity paints a portrait of a future industry where demand culminates to a valuation of USD 286 billion by 2034, harmonizing to the promising tune of a 10.4% CAGR.

Attributes	Details
Value for 2024	USD 106.7 billion
Value for 2034	USD 286 billion
Forecast CAGR for 2024 to 2034	10.4%

The Future of Personalized Food Fortification

Historical CAGR from 2019 to 2023	13.9%
Forecast CAGR from 2024 to 2034	10.4%

During the historical period, the market surged forward at a resounding historical CAGR of 13.9%. This proves that the market has been resilient and responsive in addressing nutritional needs across the globe.

This historical performance reflects intense innovation and collaboration, with the key motive of stakeholders to fortify the products and meet the nutrient requirements of the communities.

The food fortification industry is projected to grow at a CAGR of 10.4% in the future. The emerging picture is, therefore, one of continuous growth and development.

With continuous consumer interest in nutrition and a search for fortified options, this market is projected to further grow on factors like technological developments, regulatory support, and shifting consumer preference.

The market is projected to expand due to the commitment to address global malnutrition and the promotion of public health with fortified food solutions.

Food Fortification Market Trends

With consumers now becoming increasingly conscious of nutrition and health, demand for fortified foods and beverages is surging. Hence, catalyzing the growth of the market.

Further, product improvement and differentiation through technological innovation in the area of fortification techniques and ingredients is opening up new growth opportunities. Additionally, the integrity and efficacy processes in the development of fortified products are assured by the regulatory frameworks. This is expected to fuel the market growth.

Challenges of Fortifying Specific Food Products

The lack of widespread awareness and education regarding the benefits of fortified foods leads to consumer skepticism and reluctance to embrace such products. Further, logistical challenges in distribution and storage, particularly in rural and underserved areas, hinder access to fortified foods for vulnerable populations.

Economic constraints and affordability are major constraints in the widespread adoption, where fortified products are perceived to be unaffordable in low-income regions. The regional regulatory complexity that test adaptability and compliance efforts presents problems for market players.

Fortification Ingredients Market Analysis

The following section represents the leading market segments. Based on the type, the segment of proteins and amino acids is expected to register a CAGR of 10.2% by 2034. Based on process, the drum dying segment is registered at a CAGR of 10% by 2034.

Category	CAGR by 2034
Proteins and Amino Acids	10.2%
Drum Dying	10%

Proteins and Amino Acids Segment to Hold a Significant Share in the Market

Based on the type, the proteins and amino acids segment is registered at a CAGR of 10.2% by 2034. While consumers remain highly focused on health and well-being, there is expected to be a rise in demand for products that are fortified with proteins and amino acids, which are associated with muscle repair, immune function, and energy.

Coupling interests in plant-based diets with alternative protein sources is promoting the development of innovative protein additives from plants, algae, and other natural sources.

Drum Dying Segment to Occupy a Dominant Share in the Market

The drum dying segment is projected to witness a CAGR of 10% over the forecast period. Its growth is supported by its efficiency, versatility, and wide application spectrum across food categories.

Moderate heat treatment in drum drying ensures that the nutritional value and flavor of the ingredients are retained, thereby making the process valuable to the manufacturer as much as to the consumer.

With a change in consumer lifestyles and tastes, the demand for processed foods is surging globally. At the same time, the drum drying segment continues to meet that demand by offering efficiency and reliability in the delivery of food processing solutions across a wide array of applications.

Food Fortification to Combat Hidden Hunger in Developing Countries

The table describes the top five countries ranked on the basis of economic growth, with South Korea holding the top position. Addressing nutritional deficiencies and promoting overall health are important factors that are propelling the South Korea market.

Innovative products, such as fortified grains and functional foods and beverages, meet the wide dietary needs with an emphasis on preventive healthcare. Awareness campaigns by the public and government initiatives further help drive market penetration and consumer adoption of fortified products.

Forecast CAGRs from 2024 to 2034

Countries	CAGR
The United States	10.7%
The United Kingdom	11.7%
China	10.9%
Japan	11.9%
South Korea	12.5%

United States Food Fortification Industry

In the United States, fortified foods and beverages are widely available, and consumers can find several food products enriched with some specific nutrients, mainly vitamins, minerals, and micronutrients. Major applications in the industry include the fortification of breakfast cereals, milk and dairy products, bread, juices, beverages, and plant-based milk alternatives.

The dietary supplements are consumed in large amounts and fortified with vitamins and minerals, reflecting the proactive approach of the nation in promoting public health through fortified food solutions.

The United Kingdom Market Driven by Mandatory Fortification Programs

Fortified foods are commonly consumed in the United Kingdom. The staple foods, mainly flour, bread, and breakfast cereals, are the mainstays of fortification with the requisite addition of vitamins and minerals like iron, calcium, and folic acid, among others.

Further, the government is supporting the industry through fortification initiatives and public health campaigns, which further underlines the importance of the industrial role in fighting nutritional challenges and improving optimal health outcomes.

The Cost of Fortifying Foods with Essential Vitamins and Minerals Impacting Product Affordability in China

Fortified foods and beverages are largely consumed in China for enhancing nutritional value and addressing specific health concerns. Some key examples of fortified food include fortified rice, edible oils, and soy-based products that have been enriched with some of the much-needed vitamins, minerals, and other nutrients that enhance their nutritional value.

Fortified infant formula and complementary foods are of high importance in supporting maternal and child nutrition. Increasing demand for these infant formula and rising birth rate are expected to fuel regional growth.

Japan Achieving National and Global Nutrition Goals through Food Fortification Programs

Consumers prefer fortified dairy products and fortified functional beverages, mainly milk and yogurt, and sports and energy drinks fortified with vitamins, minerals, and amino acids that help them in improving performance and energy.

The demand for fortified products in general is increasing due to an aging population and rising focus on preventive healthcare. The growth of food fortification market is expected to promote healthy aging and longevity among the people of Japan.

Business Prospects for Fortified Staple Food Players in South Korea

Fortified foods and beverages are increasingly consumed in South Korea. Products that enhance nutritional values and answer special dietary needs are common. Fortified grains are staple foods that have been added with more essential vitamins and minerals to help solve the problems associated with micronutrient deficiencies.

Dual-function foods and beverages, such as those fortified with specific functions-probiotic drinks, vitamin-enriched waters, and fortified snacks-have become very popular among health-conscious consumers. This is raising the sales of fortified food in South Korea.

Food Fortification Companies: Investing and Competitive Landscaping

The competitive landscape of the food fortification sector is such that multinational corporations and regional players are approaching for industrial share. Notwithstanding, niche players and start-ups bring continuous dynamism to the market with their innovative fortification solutions targeting specific nutritional needs.

It is because of this intense competition that the vertical is forever involved in research and development, entering strategic partnerships, licensing, and acquisitions to expand product portfolios and increase its reach across untapped markets.

The industry standards are also driven by regulatory compliance and consumer education programs, which ensure a very competitive market for the betterment of nutrition and consumer welfare.

Recent Market Developments

• In 2022, Angie's Artisan Treats, LLC released a new innovative flavor of its kettle corn snack in gluten-free rose-flavored BOOMCHICKAPOP.
• In 2022, Cargill opened the first-of-its-kind Food Innovation Center in India, aimed at jointly working with local food and beverage industry partners to improve products with less fat, salt, and sugar while retaining their delicious taste and desired texture.

Report Scope

Attributes	Details
Estimated Market Size in 2024	USD 106.7 billion
Projected Market Valuation in 2034	USD 286 billion
Value-based CAGR 2024 to 2034	10.4%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	Value in USD billion
Key Regions Covered	North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East and Africa
Key Market Segments Covered	Type, Process, Application, Region
Key Countries Profiled	The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel
Key Companies Profiled	Nestlé S.A.; Kellogg Company; General Mills, Inc.; The Archer Daniels Midland Company; Cargill, Incorporated; BASF SE; DSM Nutritional Products; Glanbia PLC; Bühler Group; FMC Corporation; Corbion N.V.; Tate & Lyle PLC; Lonza Group AG; Watson, Inc.; SternVitamin GmbH & Co. KG

Key Segments

By Type:

• Proteins & Amino Acids
• Vitamins
• Lipids
• Prebiotics & Probiotics
• Carbohydrates
• Minerals
• Others

By Process:

• Drum Dying
• Dusting

By Application:

• Infant Formula
• Dairy & Dairy-Based Products
• Cereals & Cereal-Based Products
• Fats & oils
• Beverages
• Dietary Supplements
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and Pacific
• East Asia
• The Middle East and Africa

Frequently Asked Questions

What is the expected worth of the food fortification industry in 2024?

As of 2024, the food fortification landscape will be valued at USD 106.7 billion.

What is the industrial potential for food fortification until 2034?

The food fortification industry is projected to expand at a CAGR of 10.4% between 2024 to 2034.

By type, which food fortification category emerges at the top?

Food fortification via proteins and amino acids will reign supreme, rising at a 10.2% CAGR.

What is the anticipated industrial value for food fortification in 2034?

By 2034, the industrial value of the food fortification is expected to reach USD 286 billion.

Which country is likely to dominate the Food Fortification industry?

South Korea is likely the top-performing industry, with a CAGR of 12.5%.