Fortified Cereal Market size is anticipated to reach USD 0.067 Billion by 2032, registering a CAGR of 4.13% during 2024-2032. The Global Fortified Cereal Industry is anticipated to be driven by the increasing health consciousness in people in developed economies. Also, the enhancement of livelihood among the consumers in developing economies is also a significant factor for the growth of fortified cereal over the forecast period.
Fortified cereal is also getting momentum due to the strong initiative of the World Health Organization (WHO) and FAO for minimizing the chances of malnutrition. Due to the increasing work pressure and working women population, consumers are more inclined to adopt ready to eat food products which in turn escalates the usage of fortified cereal in the food. Fortified food offers extra micronutrients which includes essential trace elements and different vitamins. Fortified food is a completely commercial choice to add extra nutrients in the food. According to FAO, the most common fortified foods are cereals and cereal based products. Fortified cereal offers various benefits. Fortified cereal is massively consumed as various breakfast products.
Key Players
The key players profiled in the Fortified Cereal Market are Nestle S.A. (Switzerland), General Mills Inc. (U.S.), Kellogg Company (U.S.), Grape Nuts, Inc.(U.S.), Abbott Nutrition Limited (U.S.), Freedom Foods Group Limited (Australia), Food For Life, Inc. (U.S.)
In depth analysis of the market’s segments and sub-segments
To estimate and forecast market size by cereal type, nutrients type, distribution channel, and region
To analyze key driving forces influencing the market
Region level market analysis and market estimation of North America, Europe, Asia-Pacific, and the rest of the world (ROW) and their countries
Value Chain Analysis & Supply Chain Analysis of the market
Company profiling of major players in the market
Competitive strategy analysis and mapping key stakeholders in the market
Analysis of historical market trends and technologies along with the current government regulatory requirements
Intended Audience
Fortified Cereal manufacturers
Raw material suppliers
End users (food industry)
Retailers and wholesalers
E-commerce companies
Traders, importers and exporters
Key Findings
Europe dominates the Fortified Cereal market followed by North America
Asia Pacific is projected to witness a massive growth during the forecast period of 2022-2030
Segments
Fortified cereal has been segmented on the basis of type of cereals such as Wheat, Rice, Barley, Oat, Corn and others. Fortified cereal market has been segmented on the basis of nutrients such as mineral and vitamin. Mineral segment is further sub segmented into zinc, folic acid, copper, iron, DHA, and others. Also, the vitamin segment is further sub segmented into Vitamin A, Vitamin C, Vitamin D and others. Fortified cereal industry has been segmented on the basis of distribution channel such as store based and non-store based. Store based distribution channel has been further segmented into supermarkets & hypermarkets, convenience stores, specialist retailers and others.
Regional Analysis
The Global Fortified Cereal Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, Europe is estimated to retain its dominance throughout the forecast period of 2024-2032. This is attributed by the increasing awareness of the healthy food habits and increasing disposable income of the consumers. Also, various new and innovative cereal products are launched by the key manufacturers in the European countries which is anticipated to intensify the sales market of fortified cereal in the upcoming decade. North America region is estimated to account for a healthy market proportion during the review period of 2024-2032. However, Asia Pacific region is estimated to witness a maximum growth in the global fortified cereal industry during the forecast period of 2024-2032.
The Fortified Cereal market is segmented under the following regions:
North America
US
Canada
Europe
Europe
Germany
France
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
India
Australia
Singapore
Rest of Asia Pacific
Rest of the world
Brazil
Argentina
Saudi Arabia
South Africa
Others
The report for Global Fortified Cereal Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight into the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical, and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
| Attribute/Metric | Details |
| Market Size | USD 0.067 Billion |
| Compound Annual Growth Rate (CAGR) | 4.13% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Cereal Type, Nutrients Type, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea |
| Key Companies Profiled | Nestle S.A. (Switzerland), General Mills Inc. (U.S.), Kellogg Company (U.S.), Grape Nuts, Inc.(U.S.), Abbott Nutrition Limited (U.S.), Freedom Foods Group Limited (Australia), and Food For Life, Inc. (U.S.) |
| Key Market Opportunities | Strong initiative of the WHO and FAO for minimizing the chances of malnutrition |
| Key Market Dynamics | Increasing health consciousness in people in developed economies, Enhancement of livelihood among the consumers in developing economies |
Fortified Cereal Market Highlights:
Frequently Asked Questions (FAQ) :
Nestle S.A. (Switzerland), General Mills Inc. (U.S.), Kellogg Company (U.S.), Grape Nuts, Inc.(U.S.), Abbott Nutrition Limited (U.S.), Freedom Foods Group Limited (Australia), and Food For Life, Inc. (U.S.) are the leading key players of fortified cereal market.
Fortified cereal industry size is estimated to reach USD 0.067 Billion by 2032.
Increasing health consciousness in people in developed economies is the major driving factor of the global fortified cereal market.
Europe is expected to lead the fortified cereal industry.
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Research Analyst Level II I have a degree in engineering (civil), with masters in business administration (marketing). with more than 4 years of experience in market research and consulting, i am involved in end-to-end process of market research, proposals, project kickoffs and delivery. i have research knowledge and expertise in consumer goods/packaging domain. also i have worked for various other domains like construction & equipment. effectively managed and delivered more than 60 report studies for regional as well as global clientele.
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