Published on : Aug 01, 2018
Albany, New York, August 1, 2018: In today’s world, dairy products are normally added with vitamins and minerals in order to compensate the components that are lost during food processing. Therefore, Milk and dairy products are often fortified with antioxidants and vitamins. It has been well-identified that dairy products that are fortified with vitamin D enable improvement in the absorption rate of calcium along with maintaining blood calcium level. Market Research Hub (MRH) has recently announced the addition of a study titled “Fortified Dairy Products Market: Global Industry Analysis (2012-2016) & Opportunity Assessment (2017-2026)” to its online repository, which clearly states that global market for fortified dairy products has been visualized to reflect an impressive rise between the forecast period 2017 and 2026.
This 170-page extensive research gives a whole new wide view of the markets based on its growth and development in different regions of the world like North America, Japan, the Middle East and Africa, Europe, Latin America and the Asia Pacific excluding Japan. The market has been forecast based on revenue (US$ Mn) and volume (Million Units) from 2017 to 2025.
Key Highlights from the Study
The analysts of the report found that countries across the globe are understanding the importance and accepting the concept of fortifying dairy products, which in turn is expected to boost sales of these products. According to the study key evaluations, More than US$ 150,000 Mn worth of fortified dairy products are estimated to be sold around the world by 2026-end.
Moreover, the report also discusses the key driver, opportunities and restraints existing in the global market for fortified dairy products. In order to offer readers concrete information, the report presents a segment-wise analysis. The segment-wise analysis helps readers in identifying the strong and weak areas of market. The global fortified dairy products market has been segmented on the basis of product type, micronutrients and sales channel. By product type, the study covers dairy-based yogurt, flavored milk, cheese, milk and milk powder. On the basis of micronutrients, the study covers vitamin, minerals and other nutrients. Of these, the report finds that vitamins will remain dominant segment in global fortified dairy products market, in terms of revenues.
On the basis of geography, the research finds that Asia-Pacific excluding Japan (APEJ) will continue to retain its position of being the dominant region in the global fortified dairy products market. The emerging food industry along with surging consumer awareness and increasing penetration of food fortification technology will encourage demand for fortified food products in the region.
In the end, leading players operating in the global fortified dairy products market are also outlined. They are Bright Dairy & Food Co., Ltd., Nestl S.A., GCMMF Ltd., BASF SE, Dean Foods Company, General Mills, Inc., Danone, China Modern Dairy Holdings Ltd., Arla Foods UK Plc, and Fonterra Group Cooperative Limited.
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