Market Size of Asia-Pacific Vitamin Fortified and Mineral Enriched Food & Beverage Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Mineral Enriched Food & Beverage Market Analysis
Asia-Pacific vitamin fortified and mineral enriched food & beverage market is projected to grow at a CAGR of 7.8% during the forecast period of 2020-2025.
- In Asia-Pacific, millennial or young working adults are the major target audience for the fortified food industry. They are young and much more open to changes in conventional products. Additionally, this group of consumers is more educated to recognize the added ingredients and are willing to pay more for these products with higher health benefits.
- Moreover, consumers are more likely to buy it for themselves as well as for their children, as compared to the older population. Therefore, with the increase in population, changes in buying patterns, and growing health concerns, the market share of vitamin fortified and mineral enriched food in the Asia-Pacific region is set to increase.
Asia-Pacific Vitamin Fortified and Mineral Enriched Food & Beverage Report Snapshots
- Asia-Pacific Vitamin Fortified and Mineral Enriched Food & Beverage Market Size
- Asia-Pacific Vitamin Fortified and Mineral Enriched Food & Beverage Market Share
- Asia-Pacific Vitamin Fortified and Mineral Enriched Food & Beverage Market Trends
- Asia-Pacific Vitamin Fortified and Mineral Enriched Food & Beverage Companies
