Fortified Sugars Market

Fortified Sugars Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
Frequently asked questions about this report

The fortified sugars market was estimated to be US$ 7.91 Billion in 2022.

The fortified sugars market is expected to grow at a CAGR of 5.9% between 2023 to 2032.

The global fortified sugars market is being driven by a combination of factors, including increasing demand for functional foods and dietary supplements, rising prevalence of micronutrient deficiencies, growing popularity of fortified sugars in emerging markets, and increasing adoption of fortified sugar by food and beverage manufacturers.

Based on micronutrients, the fortified sugars market is segmented into Vitamins, Minerals, Other Fortifying Nutrients.

The Asia-Pacific region is the largest market for fortified sugars, with a large and growing population and increasing awareness of health and wellness.

The modern trade segment is the largest due to its widespread availability and convenience for consumers.

Archer Daniels Midland Company, BASF SE, Cargill, Inc., Chr. Hansen Holding A/S, DuPont de Nemours, Inc., Ingredion Incorporated, Kerry Group plc, Koninklijke DSM N.V., Nestle SA, Nutreco N.V., Südzucker AG, Tate & Lyle plc, Wilmar International Ltd., Yakult Honsha Co., Ltd., Zydus Wellness Limited among others, are the major players in this market.

The key growth strategies is product innovation and development, as manufacturers strive to differentiate themselves by offering unique and appealing products.