The food fortifying agents market is projected to reach USD 128.0 Billion by 2027 growing at a CAGR of 10.1% from 2022 to 2027. The multi-benefits of food fortifying agents leads to increasing demand among health-conscious consumers. Adoption of the food fortifying agents in various food & beverages, pharmaceuticals, and pet food manufacturing industries. Vitamins have the major share in food fortifying agents by type owing to the increasing prevalence of vitamin deficiency such as rickets and osteoporosis. The key players in food fortifying market include Cargill (US), DSM (Netherlands), CHR. Hansen Holdings A/S (Denmark), DuPont (US), and BASF SE (Germany) among others.
Cargill is involved in the manufacturing and marketing of food ingredients, agricultural products, risk management, financial, and industrial products & services around the globe. Cargill operates in 70 countries through its subsidiaries and affiliates. The company manufactures and markets food fortifying agents such as oils & fats, grains & oil seeds. The company distributes its wide range of indigenous and imported vegetable oils, fats and flour products to household customers as well as food industries in over 125 countries at a global level. Its geographical network spans North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Its subsidiaries include The Mosaic Company (US), NatureWorks LLC (US), and The Wilbur Chocolate Company (US).
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DSM is the one of the leading companies providing specialized solutions for health, nutrition & Bioscience. DSM offers a wide range of products for animal nutrition & health, human nutrition, care & health, food & beverage and materials. The company supplies food & beverage, dietary supplements, early-life nutrition and medical nutrition, whereas in animal nutrition & health is the leading supplier of feed additives such as vitamins, carotenoids, eubiotics, and feed enzymes. The company provides scientific & innovative solutions to 23,000 people throughout the world. The company has geographical presence across North America, Europe, Asia Pacific, Latin America, Netherlands, Switzerland and Rest of the World. Its subsidiaries include DSM Nutritional products AG, GLYCOM A/S, Fortitech, Inc., and Vitatene S.A.
Chr. Hansen Holding A/S is a global player in the bioscience industry. The company offers different products such as food culture & enzymes, plant health, animal health, human health & probiotics. The company focuses on the areas of microbial and fermentation technology platforms which matches the customers needs and global trends relevant in the present day. The company is into development and production of cultures, enzymes, probiotics, and natural colors for several applications, including foods, confectionery, beverages, dietary supplements, feed, and plant nutrition. It is one of the leading suppliers of probiotic strains for infant formula, dietary supplements, and healthcare industries. It operates through three business segments: food cultures, enzymes, and health & nutrition.
Food Fortifying Agents Market by Type (Minerals, Vitamins, Carbohydrates, Prebiotics, Probiotics), Application (Cereal & Cereal-based Products, Bulk Food Items), Process (Drum Drying, Dusting) and Region - Global Forecast to 2027
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