Market Data Forecast

Vitamin Fortified and Mineral Enriched Food and Beverage Market Is Anticipated to Reach USD 80 Billion by 2021

Global Vitamin Fortified and Mineral Enriched Food and Beverage Market was worth USD 54.32 billion in 2016 and estimated to be growing at a CAGR of 7.6%, to reach USD 78.35 billion by 2021


Hyderabad, India -- (SBWIRE) -- 03/15/2018 -- Over the last decade, the worldwide vitamin fortified and mineral enriched meals and liquids market have witnessed strong growth. These ingredients include added minerals to help replace the nutrients lost throughout storage or production. As consumers around the arena increasing their focus on healthful weight loss program, they're expected to realize the significance of vitamin fortified and mineral enriched meals as an essential source of nutrients.

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The Global Vitamin Fortified and Mineral Enriched Food and Beverage Market was worth USD 54.32 billion in 2016 and estimated to be growing at a CAGR of 7.6% to reach USD 78.35 billion by 2021. Nutrition fortified and mineral enriched ingredients and drinks market are majorly fueled by the aid of the huge adoption of a healthier lifestyle and meals conduct. The marketplace is driven with the aid of elements including accelerating call for packed and geared up-to-devour meals, tremendous funding in product improvement and innovation, globally rising health issues, the presence of appreciably excessive number of small and massive market players, and rising significance attributed to preventive medicines.

Notwithstanding robust boom, stringent regulations regularly bog down the market's penetration. This provides several opportunities for the main players inside the marketplace to test with new thoughts and spend money on innovation.

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Besides excessive living healthier, those areas boast a better level of fitness recognition. This, combined with the developing occurrence of weight problems and associated fitness concerns in international locations inclusive of the US has fueled the demand for fortified and mineral enriched meals and drinks in North America.

Some of the key market players in the global vitamin fortified and mineral enriched food & beverage market are Ocean Spray Cranberries, Inc., Abbott Laboratories, The Coca-Cola Company, PepsiCo, General Mills, Inc., Campbell Soup, The Proctor & Gamble Company, H.J Heinz, Philip Morris Companies, Kellogg, Hain Food Group Inc., and Land O'Lakes.

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