Press release
Global Fortified Dairy Products Market key Insights Based on Product Type, End-use and Regional Demand Till 2027|Dean Foods Company, BASF, Fonterra
Research Nester
The fortified dairy product market is an enriched dairy product. In this process of enrichment or fortification consists of adding micro nutrients such as minerals and vitamins to dairy products in order to reduce the deficiency in various age group of the consumers. Milk is highly consumed dairy product across the world owing to its nutrition and wide range of applications which leads to the high growth of the fortified dairy product market during the forecast period.
China and India is expected to contribute highest market share in the Asia Pacific fortified dairy product market owing to increasing demand for nutritional values in dairy products. North America and Europe is following Asia Pacific in terms of production and consumption of the fortified dairy products owing to increasing health awareness and rising demand for healthy dietary supplements.
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Steady Health Awareness
Fortified dairy products consists of micronutrients such as vitamins and minerals which enrich the dairy product. The growing health awareness among consumers for dairy products has shifted their preferences towards healthy supplements and dietary products. Dairy food products are enriched with artificial addition of micronutrients in order to cater the rising demand for the fortified dairy products.
However, the high price of the fortified dairy products coupled with the increasing demand from the middle class or lower middle class population is expected to hinder the market growth of the fortified dairy products over the forecast period.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's five force model.
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This report also provides the existing competitive scenario of some of the key players of the global fortified dairy products market which includes company profiling of Arla, Danone, General Mills, Dean Foods Company, BASF, Fonterra, China Modern Dairy, Bright Dairy & Food, GCMMF and Nestle. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global fortified dairy products market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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