Lucintel Forecasts Food Fortifying Agent Market To Grow At A Cagr Of 16%

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According to the recent study the food fortifying agent market is projected to grow at a CAGR of 16% from 2019 to 2024. Growth in this market is primarily driven by increasing consumer awareness about health benefits of fortifying agent and increasing focus on preventive healthcare, rising demand for fortifying agent in dietary supplements, growth in application profiling, and existing applications finding new markets, and increasing cases of chronic diseases.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in food fortifying agent market by ingredient:(minerals, vitamins, lipids, carbohydrates, proteins & amino acids, prebiotics, and probiotics), application (cereals & cereals based product, dairy & dairy based product, fats & oils, bulk food item, infant formula, dietary supplements, pet food, animal feed, and animal nutrition, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/food-fortifying-agent-market.aspx ...
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“Vitamin market is expected to remain the largest segment during the forecast period.”
Based on ingredient, the food fortifying agent market is segmented into minerals, vitamins, lipids, carbohydrates, proteins & amino acids, prebiotics, and probiotics. Lucintel forecasts that the vitamins market is expected to be the highest growth due to rising number of diseases, such as osteoporosis and rickets.
“Within the adaptive optics market, the dietary supplements segment is expected to remain the largest application.”
Based on application, the dietary supplements segment is expected to witness the largest application as it provides health benefits of nutritional supplements, along with the increase in aging population and growing interest in personal fitness.
“North America will dominate the food fortifying agent market in near future.”
North America is expected to be the largest region over the forecast period due to increasing prevalence of diseases and rising obesity cases in the region.
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Major players of food fortifying agent market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Cargill, Royal DSM, CHR. Hansen Holdings, E. I. du Pont de Nemours, BASF SE , Arla Foods, Tate & Lyle, Ingredion, The Archer Daniels Midland, and Nestle are among the major food fortifying agent providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/food-fortifying-agent-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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