What is Fortified Sugars Market Scope?
As WHO is registering a high deficiency rate for essential nutrients with each passing year, sugar manufacturers are focusing on adding vitamins and minerals to sugar, which is driving the growth in the global fortified sugar market. Food technology has advanced in leaps and bounds, propelling the fortification of key food constituents such as sugars with essential nutrients like minerals and vitamins. Since its inception in the mid-1970s, the fortification of sugars has gained ground across the global food industry. the growing undernourishment of populations is further compelling regional governments to magnify the fortification of sugars with vitamins, minerals, and other micronutrients. Among the regions, the Asia-Pacific market is likely to witness significant growth in the next five years due to the easy availability of raw material at low cost, high consumer base, and favorable industrial regulations in the region.
The Fortified Sugars market study is being classified and major geographies with country level break-up.
Industry specialization methods have been employed to acquire inputs from key players. Authentic databases have been used for sourcing information about recent strategic developments of each market player. Dynamics of the local, regional and global manufacturers have been interpreted Research Analyst at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Fortified Sugars market throughout the predicted period.
Cargill Incorporated. (United States), Bunge Limited (United States), Buhler AG (Switzerland), BASF SE (Germany), General Mills, Inc.(United States), Willmar International Ltd. (Singapore), DSM (Netherlands), Tereos (France), Cosan (Brazil) and Associated British Foods (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Mitr Phol Sugar Corporation. Ltd. (Thailand) and Nordzucker AG (Germany).
Analyst at AMA have segmented the market study of Global Fortified Sugars market by Type, Application and Region.
On the basis of geography, the market of Fortified Sugars has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
Influencing Market Trend
- High Demand for Vitamins in Sugar Fortifications
- The increasing awareness pertaining to the deficiency of vitamin and minerals backed by aggressive marketing strategies and promotional campaigns
- With the increasing incidences of recorded nutritional deficiency, governments in several economies are enacting norms for the fortification of sugar
- Governments are enacting legislation and promoting the market exposure of such sugars by implementing sugar-fortification programs among food industry leaders
- The Concern regarding the cost of the products
Key Target AudienceFortified Sugars Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
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