Fortified Foods Market Size & Share Analysis Report, 2027
Fortified Food Market The Fortified Food Market was valued around USD 163 million in 2019 and is predicted to grow at a CAGR of 5.7% over the forecast period (2020-2027). The factors driving the growth of Fortified Food Market includes rising consumers consciousness towards adopting healthy lifestyles, growing acceptance to food fortification techniques by reputed organizations and increasing cases of Anemia in woman across the globe. According to the report published by Hindustan Times, Anemia in woman between the age group 15 and 49 years has increased from 57% from 53.1% and in pregnant woman, it has risen from 50.4% to 52.2%, which is pushing the demand for fortified food products across the world. As per the Fortified Food Market Forecast , growing awareness about the benefits of fortified foods, rise in the vegan population, Government initiatives to promote consumption of fortified food, improvements in the living standards and increasing popularity of infant formula prod...