Market Research Future published a
half cooked research report on Global Fortified
Cereal Market which contains information from 2017
to 2023. Global
Fortified Cereal market is estimated to grow at the CAGR of 7.8% from 2017 to 2023.
Go through the market data and
market information presented in more than 60 market data tables and figures in
100 pages of the project report. Go through the in-depth table of content (TOC)
& market synopsis on “Global Fortified Cereal Market
information from 2017 to 2023"
Global Fortified Cereal market is
expected to grow at the CAGR of 7.8%. Fortified food offers extra
micronutrients which includes essential trace elements and different vitamins.
Fortified food is a completely commercial choice to add extra nutrients in the
food. Fortified food offers various end users. According to FAO, the most
common fortified foods are cereals and cereal based products. Fortified cereal
offers various benefits. Fortified cereal finds massive application in various
breakfast products.
The global
fortified cereal market is witnessing a massive growth over the last few years.
The demand of the fortified cereal is attributed to the increasing consumer
awareness of healthy food habits and increasing disposable income of the
consumers. Consumers are also paying more attention to adopt convenient food in
order to minimize the time. Increasing busy schedules and rising work pressure
is creating a favorable environment to accelerate the demand of fortified
cereal during the forecast period. Also, strong growth of organized retail
sector is considered to be one of the significant reasons of the rising growth
of fortified cereal. Key players are emphasizing to promote their new product
offerings in the supermarkets & hypermarkets which is creating an awareness
to the consumer of fortified cereal.
Key players in the global Fortified Cereal market
are emphasizing to enhance their investment in product development in order to
extend the product line. Additionally, the companies are also inclined to
increase their footprint across the world by acquiring local and regional
players. Apart from that, the companies are introducing their products in the
developing economies in order to penetrate the untapped market.
The
global Fortified Cereal market is segmented into North America, Europe, Asia
Pacific, and rest of the world (ROW). Among these, Europe region has the major
market proportion in the global fortified cereal market. The market is
projected to grow in a high pace in the review period of 2017-2023. Asia
Pacific is projected to be one of the fastest growing region in the fortified
cereal market. The increasing growth of Asia Pacific region is attributed to
the increasing per capita disposable income of the consumer in the developing
economies such as China, India & the Association of South East Asian
Nations countries. Also, the consumers are following western culture which is
anticipated to be the one of the significant reason of the rising growth of
fortified cereal market in the Asia Pacific region during the forecast period
of 2017-2023.
Ask for your specific company profile and country level
customization on reports.
This report
includes a study of strategies such as mergers and acquisitions, product
launches by the major fortified cereal market players. It further includes
product portfolios, developments of leading major players which includes
·
Nestle S.A. (Switzerland)
·
General Mills Inc. (U.S.)
·
Kellogg Company (U.S.)
·
Grape Nuts, Inc.(U.S.)
·
Abbott Nutrition Limited
(U.S.)
·
Freedom Foods Group Limited
(Australia)
·
Food For Life, Inc. (U.S.)
The global Fortified Cereal
market is segmented on the basis of cereals type, nutrients type, distribution
channel and region.
Comments
Post a Comment