Global Mineral Fortification industry sales reached approximately USD 69.4 Billion at the end of 2024. Forecasts suggest the market will achieve a 5.4% compound annual growth rate (CAGR) and exceed USD 118.7 Billion in value by 2034.
The increased awareness of health and the importance of enhanced alimentation provides an excellent window for the global mineral stronghold market to grow shortly. The importance of minerals has only dawned on the consumers, especially about hale and healthy living standards, supplementing goods with minerals has become phenomenal.
Deficiency disorders like iron, zinc iodine, and calcium malnutrition are still prevalent, posing a major concern in international health. Food fortress measures and regulations that are currently in practice in the states and the administrative organizations show that every effort is being made to break the hold of staple food kinds such as flour salt and milk. Due to these activators, demand for mineral supplementation in various food and beverage industries has stretched further.
Market indicators reveal that North America and Europe will dominate the market due to abundant mineral deficiencies and well-established fortification programs. However, up-and-coming countries in Africa, Latin America, and Asia are also seeing increasing demand for mineral-laden food items, as people pay more attention to their diet and health, and can afford to do so.
Most of the important market players are directing their innovation strategies to create imaginative ways and products with which to exemplify innovative strategic hold mechanisms. Also, they are engaging with food producers and governmental organizations to implement fortification programs as this is helping to speed up market development.
On balance, it would be seen that as in the past and as witnessed in the above data the market in mineral fortification has shown a strong growth potential for incumbent operators and newcomers in the future.
With the help of new favorable governmental and non-governmental entity policies and rising health concerns, the demand in the market is further expected to rise. Additionally, owing to the increments in disposable income, customers are willing to spend more on healthy foods. For the given time span, it is predicted that this aspect would foster the mineral fortification market growth progressively.
Attributes | Description |
---|---|
Estimated Global Mineral Fortification Size (2024E) | USD 69.4 Billion |
Projected Global Mineral Fortification Value (2034F) | USD 118.7 Billion |
Value-based CAGR (2024 to 2034) | 7.1% |
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The table below shows a comparison of the changing CAGR between the base year, 2023, and the current year, 2024 for the global Mineral Fortification market.
This examination discloses the main changes in how a market is working and shows revenue realization patterns which give stakeholders a better understanding of what this growth trajectory will be like for one year. The first half (H1) is from January through June while the second half (H2) comprises July through December.
Particular | Value CAGR |
---|---|
H1 2023 | 6.5% (2023 to 2033) |
H2 2023 | 6.7% (2023 to 2033) |
H1 2024 | 7.9% (2024 to 2034) |
H2 2024 | 7.1% (2024 to 2034) |
The above table shows the anticipated CAGR in the global Mineral Fortification market for a semi-annual interval between 2024 and 2034. The business is likely to grow at a CAGR of 6.5% in H1 2023, then the growth rate may be a little bit faster at 6.7% in H2 of the same year.
Moving into the year 2024, CAGR is expected to slightly increase to 7.9% in H1 and remain somewhat steady at 7.1% in H2.In the first half (H1 2024) there was a slight increase in BPS while during the second half (H2 2024), there was a rise in BPS.
The need for a decent meal and fulfilling nutrient deficiency drive the need for Mineral Fortification.
Increasing the nutrition deficiency rate and health-related problems tackle these problems consumers are looking for products that provide full mineral nutrition minerals to avoid health problems.
Manufacturers are driven towards producing agents as they are used for numerous purposes in numerous industries and with additions in the usage over the foreseen future period. Governments, donors, and sizable corporations are increasingly aware that the local millers and food processors who are relied upon to fortify staple foods in most nations are instrumental in preventing malnutrition.
Addressing Micronutrient Deficiencies and Drive Enhancing Public Health through Mineral Fortification
There is a globally documented low intake or deficiency of micronutrients such as iron, zinc, iodine, and calcium. These deficits can cause different types of illness and health problems.
Due to these deficits and the requirement for improvements in community health, there is an increasing demand for products that are mineral-fortified that both experienced competitors and newer entrants into the market can exploit.
Government Initiatives and Regulations Driving Demand for Mineral Fortification
Most governments and related authorities are introducing food fortification policies and regulations to avoid malnutrition in their people. As regards the fortification of staple meals, many countries have placed regulations in their laws stating that some foods such as flour, salt, and milk must contain measured amounts for fortification. Such policies have led to the need for enriching minerals in various food and beverage industries as stated next.
Opportunity in Mineral Fortification for Healthy Aging and Dietary Requirements
The demand for products that support the process of aging healthily along with meeting some specific nutritional exigencies is also on the rise due to the increasing percentage of the aged population globally. Progress is being made to incorporate minerals in products for the elderly such as the fortified health benefits and easy assimilation of diets.
Global Mineral Fortification increased at a CAGR of 6.7% from 2019 to 2023. For the next ten years (2024 to 2034), projections are that expenditure on Mineral Fortification will rise at 7.1% CAGR
The global consumption of mineral fortification markets has been on the rise in the past years. It is expected that demand for mineral strongholds will continue to remain high in the market. This is due to; increased well-being awareness, increased knowledge of nutrient deficiencies, and government attempt to combat supplement scarcity.
Moreover, producers have more opportunities in the following major areas of growth: the increase in people’s expectations for greater customized convenience, the growth of the practical food sources market, and the growth of the stronghold market in developing economies. In general, customer needs and market factors have contributed to the further preparedness of the market for further expansion.
For the years 2024 to 2034, looking at the future the growth is expected to continue and therefore outlook on the Mineral Fortification Market is positive. Altogether, based on the sound estimate, the global market for mineral fortification would keep on growing.
New government programmers to combat micronutrient deficiencies are expected to fuel market growth while the growing health-conscious consumers and demand for products that are modified according to the consumer’s nutritional needs will also drive the market.
These include the market’s advance into newly industrialized nations, further consolidation, and, most importantly, its concentration on reputable brands and goods whose production is environmentally friendly.
Some of the big marketing strategy companies of the Global Mineral Fortification market are as follows Koninklijke DSM NV, Archer Daniels Midland Company, Pestell Nutrition Inc, BASF SE, Cargill Incorporated, Merck & Co. Inc, and others. These business leaders constitute a very, very large value share.
They have good manufacturing segments and get the edge over rivals over a striking distribution channel and market and also develop new products. Its products are even seen and used across every country in the world. It has a diversified product line related to fashionable packages. They demand more legal targets as a way of winning more customers’ trust in their brands, thereby improving brand personality.
The local key enterprises include among others, Kellogg’s, Albion Minerals, Wright Group, and Fortieth Inc, amongst others.s. The first and major strength is that it can its local consumers as well as respond to their demands and preferences.
On a research and development aspect, for example, the regional players are slightly dominated when they compete with the national brands; but what will amaze many individuals is the fact that the regional players are very much in touch with their targeted consumers and their whole market segment.
Regional brands are more sensitive to new conditions and needs of consumers because they are numerous and small, and are situated close to the regional market.
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The table below highlights revenue from product sales in key countries. The United States and China are predicted to remain top consumers, with estimated valuations of USD 24.5 Billion and USD 19.2 Billion, respectively, by 2034.
Countries | Value (2034) |
---|---|
United States | USD 24.5 Billion |
Germany | USD 17.5 Billion |
Japan | USD 6.7 Billion |
China | USD 19.2 Billion |
India | USD 10.9 Billion |
The following table shows the estimated growth rates of the top three industries. China and India are set to exhibit Mineral Fortification consumption, recording CAGRs of 11.6% and 13.6%, respectively, through 2034.
Countries | CAGR 2024 to 2034 |
---|---|
United States | 5.5% |
Germany | 7.5% |
Japan | 9.9% |
China | 11.6% |
India | 13.6% |
The sale of Mineral Fortification in the United States is projected to exhibit a CAGR of 5.5% during the assessment period by 2034, and revenue from the sales of Mineral Fortification in the country is expected to reach USD 24.5 Billion.
On the back of this, the fortification of food with micronutrients including minerals is forecast to gain more popularity in the next decade.
Apart from this, new concerns for bone and among pregnant women are developing daily. Therefore it could be foreseen that the need for fortified packaged foods with calcium will be felt. Therefore, many foods such as dairy products and bread have calcium content written all over them to support the bones.
Mineral Fortification demand in Germany is expected to rise at a value CAGR of 5.8% during the forecast period 2024 to 2034. By 2034, Germany is expected value share to account for 18.5% of Mineral Fortification sales in Europe.
Consequently to the increase in the prevalence of the diseases of civilization in Germany such as obesity and diabetes, the use of herbal remedies including Mineral Fortification has been on the rise more often than before. This is a nutrient that has been found to have anti-inflammatory, antioxidant, and anti - anti-carcinogenic effects putting it in a category that fits for use in chronic diseases resulting from poor dieting and other improper lifestyles.
Consumption of Mineral Fortification in India is expected to increase at a value CAGR of 10.6% over the next ten years. By 2034, the sale size is forecasted to reach USD 1.8 Billion, with India expected to account for a market share of 22.5% in South Asia.
India is a country and the major concern of this population is micronutrient deficiency, and malnutrition is one of the critical health concerns. Year in and year out, food scarcity and some of its related health impacts affect both rural and urban dwellers.
There is a growing opportunity because key players in the fortification sector are particularly interested in the Indian market because more consumers are turning to better-quality foods. Apart from this, rising awareness of government strategies to enhance the nutrition of foods used in everyday cooking is another driver of the market.
Segment | Food and beverage (End Use Application) |
---|---|
Value Share (2024) | 61.5% |
Sales of Food and beverage end-use applications of Mineral Fortification are projected to register a CAGR of 6.2% from 2024 to 2034
Different categories have an essential role in the mineral enrichment market to provide necessary solutions for customers. To address deficiency diseases and enhance nutrient density, essential minerals are added to a range of food and beverage categories including dairy, cereals and bakery products, infant formula, and beverages. If people are searching for specific mineral supplements the dietary supplement area provides mineral-fortified tablets, capsules, powders, and liquids.
The drug category consists of prescriptions containing added minerals and treatments intended for some diseases. Of the feed category with cattle, poultry, and aquaculture, fortification with minerals is critical in order to achieve the right growth developmental patterns, and health.
Secondly, more service customers require products that contain minerals based on the distribution methods such as supermarkets, convenience stores, online shopping, and essential stores and health facilities.
Segment | Calcium (Mineral Type) |
---|---|
Value Share (2024) | 40.5% |
The rapidly growing popularity of the calcium mineral fortification segment is anticipated to advance at 9.5% CAGR during the projection period.
Mineral types have many kinds like calcium, iron, zinc, and Iodine but other calcium is more famous because calcium is found in the body. Particularly, humans require calcium to sustain healthy bones and teeth, whereby it found that 99% of the total calcium component in the body is in the bones and teeth. It is also required for the proper signaling of the brain with other body tissues in the body organs. It has a function in muscle contraction and blood circulation.
It should be noted that the most calcium in the human body accumulates in bones and teeth, and comprises approximately 99%. Calcium is of particular importance mostly in the formation, maturation, and remodeling of bone throughout one's life.
The leading players for mineral fortification are Koninklijke DSM NV, The Archer Daniels Midland Company, Pestell Nutrition Inc, BASF SE, Cargill Incorporated, Merck & Co. Inc, DuPont de Nemours Inc, Abbott Laboratories and DSM Nutritional Products, and some of the companies related to the food processors, retailers, health organizations, research institutions and other organizations to leverage their knowledge, to expand the network of distribution and to Two other benefits are somehow related to diversification: the enlargement of products and services offered as well as the enlargement of markets.
They focus on creating new products, which will contain minerals, which will help consumers to obtain more effective and easily applicable food products, individual nutrition requirements, and some health-related solutions. It would mean new mineral combinations, colorful concepts of packaging, or special products for some segments of consumers.
Due to multiple possibilities for applying Mineral Fortification, the main producers attempt to find more spheres to use the product giving extremely beneficial in?uence to people’s health.
Recent Developments
By Mineral Type, the segment has been categorized into Calcium, Iron, Zinc, Iodine, and Other Minerals
Different Applications included Food, Beverages, Dietary Supplements, and Animal Feed
Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
The global Mineral Fortification sale is estimated at a value of USD 69.4 Billion in 2024.
Koninklijke DSM NV, The Archer Daniels Midland Company, Pestell Nutrition Inc, BASF SE, Cargill Incorporated, Merck & Co. Inc, DuPont de Nemours Inc, Abbott Laboratories, DSM Nutritional Products, General Mills and other manufacturers of Mineral Fortification.
The North American sector is projected to hold a revenue share of 24.5% over the forecast period.
Europe holds an 18.5% share of the global industry for Mineral Fortification.
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