Market Share of South America Food Fortifying Agents Industry
The South America food fortifying agent market is fragmented, owing to the presence of large regional and domestic players in the different countries of the region. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers.
The global giants are expanding their businesses by setting up new plants or by increasing the capacity of the existing ones to cater to the inflated demand in the region for various food additives, including fortifying agents. Moreover, Argentina and Colombia pose a major opportunity for the industry with the evolving societies in the countries. Few of the major players in this market include Cargill Incorporated, Archer Daniels Midland Company, DuPont, BASF SE, and Advanced Organic Materials S.A.
South America Food Fortifying Agents Market Leaders
BASF SE
Cargill Inc.
Archer Daniels Midland Company
AOM SA
Chr. Hansen Holding A/S
*Disclaimer: Major Players sorted in no particular order
