The Global Fortified Beverages Market is expected to grow at a CAGR of 9.50% in the forecast period of 2021 to 2028 and is expected to reach the USD 20.40 million by 2028. The growing number of health-conscious consumers and improvement of lifestyle in the developing countries will enhance the market growth rate.
Moreover, product innovations and growing food processing sector and agriculture sector will boost the beneficial opportunities for the growth of fortified beverages market.
According to Data Bridge Market Research, the fortified beverages market is expected to grow because of the rise in disposable income. Also, high demand of convenience food products because of hectic lifestyle of people will accelerate the growth of fortified beverages market over the forecast period of 2021 to 2028. While, fluctuations in the price of raw materials will hinder the growth of the fortified beverages market in the forecast as mentioned above.
Now the question is which are the other regions that fortified beverages market is targeting? Data Bridge Market Research has estimated Asia-Pacific, the growing region of the market due to the surge in the disposable income and growing awareness amongst consumers.
For more analysis on the fortified beverages market request for a briefing with our analysts, https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-fortified-beverages-market
Fortified beverages market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of fortified beverages companies’ contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-fortified-beverages-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Fortified Beverages Market – Industry Trends and Forecast to 2028