Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Fortified Sugars Market by Type (Vitamins, Minerals, Other Fortifying Nutrients), By Application (Modern Trade, Convenience Stores, Departmental Stores, Drug Stores, Online Stores) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Fortified Sugars Market by Type (Vitamins, Minerals, Other Fortifying Nutrients), By Application (Modern Trade, Convenience Stores, Departmental Stores, Drug Stores, Online Stores) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 192019 3300 Food & Beverages 377 245 Pages 4.6 (49)
                                          

Market Overview:


The global fortified sugars market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fortified sugars from various application segments such as modern trade, convenience stores, departmental stores, drug stores and online stores. Additionally, the growing awareness about the benefits of consuming fortified sugars is also propelling the growth of this market. On the basis of type, vitamins are expected to account for a major share in terms of revenue in 2018 and this trend is anticipated to continue during the forecast period as well. On account of their numerous health benefits such as boosting energy levels and preventing diseases, consumers are increasingly inclining towards products that contain vitamins.


Global Fortified Sugars Industry Outlook


Product Definition:


A type of sugar that has been fortified with vitamins and minerals. Fortified sugars are important for providing essential nutrients, especially in countries where people do not have access to a varied diet.


Vitamins:


Vitamins are organic compounds required in small quantities for the normal growth and function of plants and animals. There are eight known Vitamins, which include Vitamin A, Vitamin B1 (thiamine), Vitamin B2 (riboflavin), Vitamin B3 (niacin), vitamin B5 (pantothenic acid), vitamin B7 (biotin) and folic acid.


Minerals:


Minerals are natural inorganic substances used as additives for the fortification of sugar. The most commonly used minerals are iron, zinc, and calcium. Minerals provide essential nutrients to human body and help in maintaining the mineral balance of blood by enhancing absorption rate of minerals from the gastrointestinal tract.


Zinc is one such mineral which enhances immunity along with having a taste- masking function; it is added into fortified sugars to improve their taste and flavor characteristics.


Application Insights:


The modern trade segment held the largest market share of more than 60% in 2017. The fortified sugars are widely used in the bakery and confectionery products for improving nutritional value as well as taste. Increasing demand for convenience stores and supermarkets to replace home-based food processing units owing to rising disposable income levels coupled with a growing population is expected to drive product demand over the forecast period.


The Departmental Stores application segment is projected to expand at a CAGR of XX% from 2018 to 2030, on account of high product availability in low cost which makes it affordable for most consumers across developing countries such as India and China. Furthermore, increasing incidences of diseases such as obesity have led consumers towards opting for nutrient-rich foods thus driving fortified sugar consumption over the forecast period.


Regional Analysis:


Asia Pacific dominated the global fortified sugar market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing demand from developing countries such as China, India, Indonesia, Malaysia and Thailand. Increasing consumer spending on food products with nutritional enhancement will drive growth further.


North America is projected to witness significant growth over the next eight years owing to rising health concerns among consumers coupled with government initiatives for fortifying foods & beverages that are consumed by adults as well as children. This has resulted in increased consumption of fortified sugar across this region which will fuel industry expansion further.


Europe was one of the largest regional markets accounting for a share of more than 20%in 2017 due to growing product demand from confectionery industry along with other applications such as functional food & beverage sector.


Growth Factors:


  • Increasing demand for fortified sugars as a source of essential nutrients in food products.
  • Rising awareness about the health benefits of fortified sugars among consumers.
  • Growing demand for functional foods and beverages that contain fortified sugars.
  • Technological advancements in the production of fortified sugars that improve their quality and nutritional value.
  • increasing investments by manufacturers in research and development to develop new varieties of fortified sugar products

Scope Of The Report

Report Attributes

Report Details

Report Title

Fortified Sugars Market Research Report

By Type

Vitamins, Minerals, Other Fortifying Nutrients

By Application

Modern Trade, Convenience Stores, Departmental Stores, Drug Stores, Online Stores

By Companies

Cargill, Bunge, Buhler, BASF SE, General Mills, Willmar International , DSM, Seducer, Tereos, Cosan, Associated British Foods, Mitr Phol Sugar, Nordzucker

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

245

Number of Tables & Figures

172

Customization Available

Yes, the report can be customized as per your need.


Global Fortified Sugars Market Report Segments:

The global Fortified Sugars market is segmented on the basis of:

Types

Vitamins, Minerals, Other Fortifying Nutrients

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Modern Trade, Convenience Stores, Departmental Stores, Drug Stores, Online Stores

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Cargill
  2. Bunge
  3. Buhler
  4. BASF SE
  5. General Mills
  6. Willmar International 
  7. DSM
  8. Seducer
  9. Tereos
  10. Cosan
  11. Associated British Foods
  12. Mitr Phol Sugar
  13. Nordzucker

Global Fortified Sugars Market Overview


Highlights of The Fortified Sugars Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Vitamins
    2. Minerals
    3. Other Fortifying Nutrients
  1. By Application:

    1. Modern Trade
    2. Convenience Stores
    3. Departmental Stores
    4. Drug Stores
    5. Online Stores
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Fortified Sugars Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Fortified Sugars Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Fortified sugars are sugar products that have been fortified with vitamins and minerals.

Some of the major players in the fortified sugars market are Cargill, Bunge, Buhler, BASF SE, General Mills, Willmar International‚ , DSM, Seducer, Tereos, Cosan, Associated British Foods, Mitr Phol Sugar, Nordzucker.

The fortified sugars market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Fortified Sugars Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Fortified Sugars Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Fortified Sugars Market - Supply Chain
   4.5. Global Fortified Sugars Market Forecast
      4.5.1. Fortified Sugars Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Fortified Sugars Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Fortified Sugars Market Absolute $ Opportunity

5. Global Fortified Sugars Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Fortified Sugars Market Size and Volume Forecast by Type
      5.3.1. Vitamins
      5.3.2. Minerals
      5.3.3. Other Fortifying Nutrients
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Fortified Sugars Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Fortified Sugars Market Size and Volume Forecast by Application
      6.3.1. Modern Trade
      6.3.2. Convenience Stores
      6.3.3. Departmental Stores
      6.3.4. Drug Stores
      6.3.5. Online Stores
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Fortified Sugars Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Fortified Sugars Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Fortified Sugars Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Fortified Sugars Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Fortified Sugars Demand Share Forecast, 2019-2026

9. North America Fortified Sugars Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Fortified Sugars Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Fortified Sugars Market Size and Volume Forecast by Application
      9.4.1. Modern Trade
      9.4.2. Convenience Stores
      9.4.3. Departmental Stores
      9.4.4. Drug Stores
      9.4.5. Online Stores
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Fortified Sugars Market Size and Volume Forecast by Type
      9.7.1. Vitamins
      9.7.2. Minerals
      9.7.3. Other Fortifying Nutrients
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Fortified Sugars Demand Share Forecast, 2019-2026

10. Latin America Fortified Sugars Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Fortified Sugars Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Fortified Sugars Market Size and Volume Forecast by Application
      10.4.1. Modern Trade
      10.4.2. Convenience Stores
      10.4.3. Departmental Stores
      10.4.4. Drug Stores
      10.4.5. Online Stores
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Fortified Sugars Market Size and Volume Forecast by Type
      10.7.1. Vitamins
      10.7.2. Minerals
      10.7.3. Other Fortifying Nutrients
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Fortified Sugars Demand Share Forecast, 2019-2026

11. Europe Fortified Sugars Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Fortified Sugars Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Fortified Sugars Market Size and Volume Forecast by Application
      11.4.1. Modern Trade
      11.4.2. Convenience Stores
      11.4.3. Departmental Stores
      11.4.4. Drug Stores
      11.4.5. Online Stores
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Fortified Sugars Market Size and Volume Forecast by Type
      11.7.1. Vitamins
      11.7.2. Minerals
      11.7.3. Other Fortifying Nutrients
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Fortified Sugars Demand Share, 2019-2026

12. Asia Pacific Fortified Sugars Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Fortified Sugars Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Fortified Sugars Market Size and Volume Forecast by Application
      12.4.1. Modern Trade
      12.4.2. Convenience Stores
      12.4.3. Departmental Stores
      12.4.4. Drug Stores
      12.4.5. Online Stores
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Fortified Sugars Market Size and Volume Forecast by Type
      12.7.1. Vitamins
      12.7.2. Minerals
      12.7.3. Other Fortifying Nutrients
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Fortified Sugars Demand Share, 2019-2026

13. Middle East & Africa Fortified Sugars Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Fortified Sugars Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Fortified Sugars Market Size and Volume Forecast by Application
      13.4.1. Modern Trade
      13.4.2. Convenience Stores
      13.4.3. Departmental Stores
      13.4.4. Drug Stores
      13.4.5. Online Stores
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Fortified Sugars Market Size and Volume Forecast by Type
      13.7.1. Vitamins
      13.7.2. Minerals
      13.7.3. Other Fortifying Nutrients
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Fortified Sugars Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Fortified Sugars Market: Market Share Analysis
   14.2. Fortified Sugars Distributors and Customers
   14.3. Fortified Sugars Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Cargill
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Bunge
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Buhler
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. BASF SE
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. General Mills
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Willmar International 
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. DSM
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Seducer
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Tereos
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Cosan
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Associated British Foods
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Mitr Phol Sugar
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Nordzucker
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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