Global Calcium Fortified Food Market Size To Worth USD 5.12 Billion By 2033 | CAGR Of 5.46%
Category: Consumer GoodsGlobal Calcium Fortified Food Market Size To Worth USD 5.12 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Calcium Fortified Food Market Size is to Grow from USD 3.01 Billion in 2023 to USD 5.12 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.46% during the projected period.
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Browse key industry insights spread across 200 pages with 100 Market data tables and figures & charts from the report on the"Global Calcium Fortified Food Market Size, Share, and COVID-19 Impact Analysis, By Nature (Organic and Conventional), By Product (Bakery & Snacks Products, Dairy & Dairy Alternatives, Breakfast & Cereals Bars, Baby Food & Infant Formula, and Others), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Online, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/calcium-fortified-food-market
Calcium fortified food is made consisting of calcium supplements that help to treat dietary shortages and improve overall health. These products include dairy, plant-based alternatives, cereals, snacks, and beverages. Fortification entails encouraging bone health, preventing osteoporosis, and ensuring adequate calcium consumption, especially in communities with dietary constraints or limited supply from nature. Several primary factors drive the growth of the calcium-fortified food market. Calcium-fortified foods are gaining popularity, driven by increasing concerns about health among senior individuals due to a lack of calcium on a worldwide scale. However, one of the biggest challenges in the calcium-fortified food industry is the high cost of incorporating calcium in food items, which can have a significant influence on production costs, affecting price and profitability.
The conventional segment is dominating the market with the largest revenue share of the calcium fortified food market during the projected timeframe.
Based on the nature, the calcium fortified food market is divided into organic and conventional. Among these, the conventional segment is dominating the market with the largest revenue share of the calcium fortified food market during the projected timeframe. Calcium deficiencies are becoming increasingly prevalent as individuals become increasingly aware of their health. In addition, the growing popularity of veganism and lactose intolerance has increased the need for fortified plant-based alternatives.
The dairy & dairy alternatives segment is expected to hold a significant market share of the calcium fortified food market during the projected timeframe.
Based on the product, the calcium fortified food market is categorized into bakery & snacks products, dairy & dairy alternatives, breakfast & cereals bars, baby food & infant formula, and others. Among these, the dairy & dairy alternatives segment is expected to hold a significant market share of the calcium fortified food market during the projected timeframe. Health and moral concerns are driving the increased popularity of plant-based diets and lactose-free choices. To meet this need, brands such as almond breeze and silk now provide calcium-fortified almond and soymilk substitutes.
The hypermarkets & supermarkets segment is estimated to grow at the highest CAGR of the calcium fortified food market during the projected timeframe.
Based on the distribution channel, the calcium fortified food market is classified into hypermarkets & supermarkets, convenience stores, specialty stores, online, and others. Among these, the hypermarkets & supermarkets segment is estimated to grow at the highest CAGR of the calcium fortified food market during the projected timeframe. Customers may readily locate and select from an immense variety of calcium-fortified products, including dairy products, cereals, and beverages, thanks to the wide range of products offered in these huge retail formats. Additionally, the convenience and one-stop shopping experience offered by supermarkets and hypermarkets draw in time-pressed customers that would rather buy all of their groceries in one location, which is anticipated to propel industry expansion.
North America is expected to hold the largest share of the calcium fortified food market over the forecast period.
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North America is expected to hold the largest share of the calcium fortified food market over the forecast period. Senior citizens are becoming increasingly conscious of bone health and the role of calcium in osteoporosis prevention. Governments and health organizations play a significant part in encouraging the consumption of calcium-fortified foods. The United States has developed regulations to encourage strengthening of staple foods with critical elements such as calcium.
Asia Pacific is predicted to grow at the fastest pace in the calcium fortified food market during the projected timeframe. Rising rates of osteoporosis and calcium shortage constitute significant concerns, especially among older populations in Japan, South Korea, and China. The widespread adoption of Western dietary patterns and lifestyles, such as fortified dairy products and breakfast cereals, is also driving market expansion.
Major vendors in the calcium fortified food market are Danone, General Mills Inc., Nestlé, Lucerne Foods, Kellogg’s, Clif Bar & Company, Abbott Laboratories, Hain Celestial Group, Reckitt, PepsiCo, The Coca-Cola Company, Arla Foods, CAMPBELL SOUP COMPANY, Mondelez International, and others.
Recent Developments
- In October 2021, Danone India unveiled AptaGrow, its latest product in the health drink category for children, which aligns with the company's aim to improve health via food accessibility. AptaGrow is a nutritional supplement designed exclusively for children aged 3-6 years old, featuring tastes such as Tasty Chocolate and Vanilla.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the calcium fortified food market based on the below-mentioned segments:
Global Calcium Fortified Food Market, By Nature
- Organic
- Conventional
Global Calcium Fortified Food Market, By Product
- Bakery & Snacks Products
- Dairy & Dairy Alternatives
- Breakfast & Cereals Bars
- Baby Food & Infant Formula
- Others
Global Calcium Fortified Food Market, By Distribution Channel
- Hypermarkets & Supermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
Global Calcium Fortified Food Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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