Global Fortified Beverages Market is Expected to Grow with the CAGR of 9.50% in the Forecast Period of 2021 to 2028

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.

Fortified Beverages Market Scenario

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,

Fortified Beverages Market Scope    

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.

  • All country based analysis of fortified beverages market is further analyzed based on maximum granularity into further segmentation. Based on nutrient type, the fortified beverages market is segmented into mineral and vitamin. On the basis of product type, the fortified beverages market is segmented into non-alcoholic beverages, and alcoholic beverages. On the basis of distribution channel, the fortified beverages market is segmented into specialist retailers, supermarkets and hypermarkets, convenience stores and others.
  • Fortified beverage is defined as a beverage containing additional micronutrients such as important trace elements and vitamins. The process of beverage fortification usually involves adding micronutrients to beverages that are eaten by people of all ages all over the world. Sports drinks, fruit juices, flavored milk, flavored powder drinks, energy drinks, mineral water, and soft drinks are just a few examples of these drinks. Mineral beverages that are vitamin fortified and enriched are believed to have medicinal characteristics that aid in healing.

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Key Pointers Covered in the Fortified Beverages Market Industry Trends and Forecast to 2028

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Danone
  • Nestle
  • The Coco Cola Company
  • Abbott
  • The Boots Company PLC
  • Tropicana Products, Inc
  • General Mills Inc
  • Kraft-Heinz, Inc.
  • Land O'Lakes, Inc.
  • Procter & Gamble
  • PepsiCo
  • Monster Energy Company
  • JAB Holding Company
  • GNC Holdings, LLC
  • Hain Celestial
  • Fonterra Co-operative Group Limited
  • Amway India Enterprises Pvt. Ltd.
  • L.P.
  • Kellogg Co.

Above are the key players covered in the report, to know about more and exhaustive list of fortified beverages companies’ contact us,

Research Methodology of 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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