South America Vitamin Fortified and Mineral Enriched Food & Beverage Market Size

Statistics for the 2023 & 2024 South America Vitamin Fortified and Mineral Enriched Food & Beverage market size, created by Mordor Intelligence™ Industry Reports. South America Vitamin Fortified and Mineral Enriched Food & Beverage size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of South America Vitamin Fortified and Mineral Enriched Food & Beverage Industry

south america vitamin fortified and mineral enriched food and beverage market
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

rd-img

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

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 Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)