Vitamin Fortified and Mineral Enriched Food and Beverage Market 2022-2028

PUBLISHED: January 20, 2023

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Title:Global Vitamin Fortified and Mineral Enriched Food and Beverage Market Size, Share and Trends Analysis Report, By Product Type (Cereal Based Products, Dairy Products, Beverages, and Infant Formulas), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Pharmacy/Drug Stores, and Online Retail Stores), Forecast Period (2022-2028).

The global vitamin fortified and mineral enriched food and beverage market is anticipated to grow at a substantial CAGR of 6.8% during the forecast period. The growing awareness about the fortified products' medicinal properties and healing benefits is leading to increasing demand for vitamin fortified and mineral enriched food and beverage products. Fortified foods can support maintaining healthy micronutrient levels which keep bones strong, supports digestion and prevent heart issues. Additionally, children are more nutritionally deficient than adults, their bodies need more minerals and vitamins as compared to adults to support growth, hence fortified foods are used to improve overall health. According to the World Health Organization (WHO), over 90 countries mandate the fortification of at least one industrially milled cereal grain. This, in turn, is contributing to the growth of the market.

The global vitamin fortified and mineral enriched food and beverage market is segmented based on the product type and distribution channel. Based on the product type, the market is segmented into cereal-based products, dairy products, beverages, and infant formulas. Based on the distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, pharmacy/drug stores, and online retail stores. The above-mentioned segments can be customized as per the requirements. Based on product type the dairy products segment is anticipated to hold a considerable share in the market during the forecast period. As fortified dairy products which are easily available such as milk are widely used across the globe to support people get nutrients that they lack in their diets. They contain extra vitamins and minerals which are not present in the proper amount in natural milk, mostly the milk is fortified with vitamins A and D.

The global vitamin fortified and mineral enriched food and beverage market are further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America is anticipated to hold a significant share in the market. Owing to the availability of key players in the market such as Abbott Nutrition, Kellogg Co., PepsiCo, Inc., and others are boosting the market.

The major companies serving the global vitamin fortified and mineral enriched food and beverage market include Abbott Nutrition, Kellogg Co., Nestle S.A., PepsiCo, Inc., and Amway Corp. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in 2021, PepsiCo, Inc. offered a product named Quaker 3 Minutos in a lower-income area of Mexico, which was valued for their money and is nutritious. Offered at an affordable price and is fortified with vitamins and minerals.

Research Methodology

The market study of the global vitamin fortified and mineral enriched food and beverage market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Vitamin Fortified and Mineral Enriched Food and Beverage Market Research and Analysis by Product Type
Global Vitamin Fortified and Mineral Enriched Food and Beverage Market Research and Analysis by Distribution Channel

The Report Covers:

Comprehensive research methodology of the global vitamin fortified and mineral enriched food and beverage market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global vitamin fortified and mineral enriched food and beverage market.
Insights about market determinants that are stimulating the global vitamin fortified and mineral enriched food and beverage market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026836

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Recovery Scenario of Global Vitamin Fortified and Mineral Enriched Food and Beverage Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Abbott Laboratories
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Kellogg Co.
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. Nestle S.A.
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. PepsiCo, Inc.
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. Amway Corp.
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Vitamin Fortified and Mineral Enriched Food and Beverage Market by Product Type
- 4.1.1. Cereal-based Products
- 4.1.2. Dairy Products
- 4.1.3. Beverages
- 4.1.4. Infant Formulas
4.2. Global Vitamin Fortified and Mineral Enriched Food and Beverage Market by Distribution Channel
- 4.2.1. Supermarket/Hypermarket
- 4.2.2. Convenience Stores
- 4.2.3. Pharmacy/Drug Stores
- 4.2.4. Online Retail Stores

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Arla Foods AB
6.2. Buhler Holding AG
6.3. Campbell Soup Co.
6.4. Danone S.A.
6.5. Dr. Paul Lohmann GmbH & Co. KGaA
6.6. General Mills Inc.
6.7. Mondelz International, Inc.
6.8. Nutritional Holdings (Pty) Limited
6.9. Ocean Spray Cranberries Inc.
6.10. Philip Morris Companies
6.11. Stern-Wywiol Gruppe GmbH & Co. KG
6.12. The Hain Celestial Group, Inc.
6.13. The Proctor & Gamble Co.
6.14. Unilever plc

Product Code: OMR2026836

LIST OF TABLES

1. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
2. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOR CEREAL-BASED PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOR DAIRY PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOR BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOR INFANT FORMULAS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
7. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE FROM SUPERMARKET/HYPERMARKET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE FROM CONVENIENCE STORES, MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE FROM PHARMACY/DRUG STORE, MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE FROM ONLINE RETAIL STORE, MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. NORTH AMERICAN VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
14. NORTH AMERICAN VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
15. EUROPEAN VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. EUROPEAN VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
17. EUROPEAN VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
18. ASIA-PACIFIC VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
21. REST OF THE WORLD VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. REST OF THE WORLD VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
23. REST OF THE WORLD VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)

LIST OF FIGURES

1. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
2. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOR CEREAL-BASED PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOR DAIRY PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOR BEVERAGES MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOR INFANT FORMULAS MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
7. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE FROM SUPERMARKET/HYPERMARKET MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE FROM CONVENIENCE STORES MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE FROM PHARMACY/DRUG STORES MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE FROM ONLINE RETAIL STORES MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. US VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
13. CANADA VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
14. UK VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
15. FRANCE VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
16. GERMANY VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
17. ITALY VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
18. SPAIN VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
19. REST OF EUROPE VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
20. INDIA VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
21. CHINA VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
22. JAPAN VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
23. SOUTH KOREA VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF ASIA-PACIFIC VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF THE WORLD VITAMIN FORTIFIED AND MINERAL ENRICHED FOOD AND BEVERAGE MARKET SIZE, 2021-2028 ($ MILLION)