Market Size of Global Mineral Fortification Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.17 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Mineral Fortification Market Analysis
The mineral fortification market is projected to record a CAGR of 4.17% during the forecast period (2020 - 2025).
- The fortification as a way of value-addition has been gaining traction quite recently, owing to the collective efforts from both governmental and non-governmental agencies in the backdrop of rising health consciousness and enhanced awareness among the general masses.
- Minerals and vitamins in particular as a type of micronutrients are known to prevent diseases, strengthen immune systems, and improve productivity and cognitive development.