Chicago, Nov. 26, 2023 (GLOBE NEWSWIRE) -- The global food fortifying agents market refers to the market for substances added to food to enhance its nutritional content. Food fortifying agents are used to address nutrient deficiencies and improve the overall nutritional profile of food products. These agents may include vitamins, minerals, and other nutrients that may be lacking in the diet or may be lost during food processing. The global market for food fortifying agents has been growing as consumers become more conscious of their health and nutrition. Fortified foods offer a convenient way to ensure that individuals receive essential nutrients, especially when certain nutrients are not naturally present in sufficient quantities in the diet. According to MarketsandMarkets, the global food fortifying agents market size is projected to reach USD 128.0 Billion by 2027, growing at a CAGR of 10.1% from 2022 to 2027.
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Need of Food Fortifying Agents in the Minerals Segment
- Nutrient Deficiencies: Many individuals may not obtain enough essential minerals through their regular diet. Factors such as poor dietary choices, limited food variety, and soil depletion of minerals can contribute to deficiencies. Fortifying foods with minerals help ensure that people receive an adequate intake to support overall health.
- Public Health Initiatives: Governments and health organizations often implement public health initiatives to address specific nutritional challenges within populations. Fortifying staple foods with minerals is a targeted and cost-effective way to reach a large segment of the population and prevent widespread deficiencies.
- Prevention of Health Conditions: Certain minerals are critical for the prevention of various health conditions. For example, fortifying foods with iron can help combat iron deficiency anemia, especially in vulnerable populations such as pregnant women and young children. Similarly, calcium fortification is important for bone health and can contribute to the prevention of conditions like osteoporosis.
- Targeted Nutrition: Food fortification allows for targeted nutrition, addressing the specific needs of different demographic groups. For instance, fortifying foods with iodine is crucial for preventing iodine deficiency disorders, particularly in regions where natural sources of iodine are limited.
- Convenience and Accessibility: Fortifying commonly consumed foods with minerals ensures that individuals can easily incorporate these nutrients into their diet without significant changes in eating habits. This approach is particularly valuable in addressing nutrient gaps in populations where access to a diverse range of foods is limited.
- Compliance with Dietary Guidelines: Fortification aligns with dietary guidelines that recommend adequate intake of essential minerals. It helps bridge the gap between recommended nutrient levels and actual consumption, promoting a more balanced and healthful diet.
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Asia-Pacific: A Nutritional Frontier
The Asia Pacific region emerges as a beacon of growth in the food fortifying agents industry, driven by the intersection of a bustling lifestyle and increasing disposable incomes. This surge is not only a testament to the region's economic growth but also mirrors a growing interest among middle-class consumers in nutrition and supplements. Omega-3 nutritional supplements, renowned for their health benefits, are particularly in demand, symbolizing a shift towards proactive health management.
Proteins and amino acids stand out as dynamic segments across the Asia Pacific, with key markets including China, India, Japan, and Australia & New Zealand. These countries, rich in agriculture, play a pivotal role in the production of high-fiber content plants and oilseeds, serving as primary raw materials for fiber and specialty carbohydrate ingredients.
Transformative Shift in Food Industry
The processed food industry in the Asia Pacific region undergoes a metamorphosis, responding to changing customer lifestyles shaped by rapid urbanization, diet diversification, and liberalization of foreign direct investment. Rising incomes and increased purchasing power fuel a dramatic transformation in the food & beverage sector, with consumers expressing a heightened demand for nutritional and healthy products. This confluence of factors presents promising prospects for growth and diversification in the region’s food sector, further driving the demand for food fortifying agents.
Conclusion
In this dynamic landscape, key players such as Cargill (US), DSM (Netherlands), CHR. Hansen Holdings A/S (Denmark), DuPont (US), BASF SE (Germany), Arla Foods Amba (Denmark), Tate & Lyle (UK), Ingredion (US), Archer Daniels Midland Company (US), and Nestle SA (Switzerland) play pivotal roles. As the food fortifying agents market journeys towards a fortified future, guided by the dietary supplements application and the nutritional awakening of the Asia Pacific region, we witness not just a market evolution but a transformative shift in how we perceive and prioritize our nutritional choices. The path ahead is one paved with innovation, health consciousness, and a commitment to holistic well-being.
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