According to the report, Rising prevalence of anemia due to iron deficiency
is one of the primary growth factors for the market. Growing malnutrition concerns among children and adults
is also expected to contribute significantly to the Fortified Salts market. Overall, Hotels
applications of Fortified Salts, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.
AMAs Analyst on the Global Fortified Salts Market identified that the demand is rising in many different parts of the world due to "Growth of hospitality & services industry along with increasing multi-cuisine restaurants
". Furthermore, some recent industry insights like "On 18 March 2020, Brenntag Food & Nutrition announced as an exclusive distribution partner for Cargill Salt in Europe While the company already distributes a broad range of Cargill products in Europe, including salt, the expansion of the partnership broadens Brenntag’s offerings to include specialty salt products. Brenntag Food & Nutrition is the ideal partner to support Cargill in increasing its footprint in the market even more." is constantly making the industry dynamic. One of the challenges that industry facing is "Increase in awareness about the consumption of fortified salt in emerging countries"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Fortified Salts market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Fortified Salts market and other related sub-markets covered in the study.
o Key & emerging players in the Fortified Salts market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Fortified Salts market size is calculated using market estimation process, the Fortified Salts market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Fortified Salts market size has been validated using both top-down and bottom-up approaches.