Market Size of South America 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 | 7.10 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Vitamin Fortified & Mineral Enriched Food & Beverage Market Analysis
South America Vitamin Fortified and Mineral Enriched Food and Beverage Market is projected to grow at a CAGR of 7.1% during the forecast period (2020-2025).
- Fortification is the process of adding a nutrient or ingredient that was not found naturally in that product. In Brazil and other South American regions, obesity rates have increased over time. Therefore, to improve the health condition of the people, significant progress in food fortification has been targeted and achieved.
- Food fortification is attractive because it does not require the target groups to change their diet but can be implemented by the food industry, and because it reaches large numbers of consumers through retail. Expenditure on health goods and services is expected to grow significantly and simultaneously, as consumers in this group take more care of their physical condition.
South America Vitamin Fortified and Mineral Enriched Food & Beverage Report Snapshots
- South America Vitamin Fortified and Mineral Enriched Food & Beverage Market Size
- South America Vitamin Fortified and Mineral Enriched Food & Beverage Market Share
- South America Vitamin Fortified and Mineral Enriched Food & Beverage Market Trends
- South America Vitamin Fortified and Mineral Enriched Food & Beverage Companies