The global Food Fortification Ingredients market is anticipated to grow at a strong growth of CAGR 14.5% over the projection period i.e. 2017-2025. The value is supposed to hit the mark of USD 100.84 Bn by 2025.
In terms of region, North America considered for the largest market in Food Fortification Ingredients in terms of revenue in 2017. Moreover, North America region is foreseen to continue its dominance by the end of 2025 owing to large adoption of technologically superior products. The industry of Food Fortification Ingredients is majorly driven by the presence of major Food Fortification Ingredients capitals in the region. Moreover, U.S. and Canada are assumed to be the dominating nations during the forecast period owing to growing selection of technologically advanced products.
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Europe region took the second largest market of Food Fortification Ingredients in 2017. The major countries seeing the augmented demand for Food Fortification Ingredients are U.K. and Germany.
Asia-Pacific region is supposed to showcase a highest CAGR over the projection period due to developing economies nations such as China and India. Moreover, Japan is the dominating country in this region owing to large adoption of smart technology. In addition to this, rise in per capita income and growing awareness among the consumers regarding Food Fortification Ingredients are envisioned to raise the growth of Food Fortification Ingredients market in Asia-Pacific region.
Our in-depth analysis segmented the global Food Fortification Ingredients market in the following segments:
- Dietary Supplements
- Animal Nutrition
- Food and Beverages
- Others (Fats and Oils etc.)
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Global Food Fortification Ingredients market is further divided on the basis of region as follows:
- North America Market
- Latin America Market size, Y-O-Y growth & Opportunity Analysis
- Europe Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific Market size, Y-O-Y growth & Opportunity Analysis.
- Middle East and Africa Market