Undernourishment to Drive the Fortified Sugars market
As per a report available on XploreMR, the global fortified sugars market is slated to witness a voluminous growth between 2020 and 2030.
Fortified sugars market is driven by rising undernourishment of the population. Governments’ across the globe have been putting forth legislations regarding promotion of fortified sugars. As such, sugar-fortification programs are being incorporated amongst the participants in the food industry.
Deficiency on the part of vitamin A worldwide has led to increase in demand for the sugars fortified with vitamins. Minerals are also making an entry into the fortified sugars market.
Modern trade outlets generally account for the largest share in terms of revenue. Departmental stores and convenience stores stand second. Online channel is also picking up, especially amongst the millennials.
By type, the global fortified sugars market spans micronutrients, minerals, vitamins, and others. Coming to technology, the market constitutes extrusion, drying, encapsulation & coating, and others). By channels, it’s modern trade, departmental stores, online stores, convenience stores, and drug stores.
Of late, “Crave” – a new brand was launched in the United Kingdom. It is categorized as “natural energy drink”. The three flavors available are Pina Colada (pineapple and coconut), Pornstar martini (passionfruit & Vanilla), and Mojito (mint & lime). The ingredients include organic green coffee beans, and vitamin C and B. Sugar is not added as an external ingredient. This vegan-friendly drink devoid of artificial sweeteners does contain 10Kcal/250 ml.
On the analogous grounds, Molson Coors did launch non-alcoholic HUZZAH Probiotic Seltzer all across the US. It’s a full-flavored, pumped-up seltzer that comes with probiotics for helping in supporting healthy gut. It has 15 Cal/12 ounce can with 3g sugar. The 3 flavors include raspberry & lemon, juicy pear, and strawberry and hibiscus.
The Naked Collective – a UK-based company is planning to launch a spectrum of premium health drinks on the basis of “clean and simple” philosophy. These Mude isotonic drinks and So-Beer non-alcoholic lagers are designed with an objective of appealing large number of consumers who vie for low-sugar options.
The global fortified sugars market constitutes North America (Canada, US), Eastern Europe (Russia and Poland), Western Europe (Luxembourg, The Netherlands, Belgium, Nordic countries, Italy, Spain, France, UK, Germany), Asia-Pacific (New Zealand, Australia, ASEAN, Japan, India, China), MEA (North Africa, Southern Africa, GCC), and Latin America (Chile, Peru, Brazil, Mexico, and others).
The Asia-Pacific ruled the fortified sugars market as of the year 2019 and the status quo is expected to stay unchanged going forward. This could be reasoned with an increasing number of malnourished children in the economies like India. North America and Europe are already saturated as far as fortified sugars are concerned.
The fortified sugars market key players include Tereos, Nordzucker AG, General Mills, Inc., Bunge Limited, Buhler AG, Wilmar International Ltd., DSM, BASF SE, Cargill Incorporated, Associated British Foods, Mitr Phol Sugar Corporation, and Cosan.
XploreMR has developed an in-depth forecast report on the global market for fortified sugars for the assessment period, 2017-2026. The report delivers a detailed prognosis on how the production and demand for fortified sugars will evolve in the immediate future. The report foretells key prospects encompassing the future of fortified sugar market by supplying objective information in the form of market size estimations and qualitative insights.
Presumptive scenarios on market growth offered in the report reflect the latest industry trends and the potential future challenges for manufacturers. By incorporating a collaborative research approach, this forecast study traces the evolution of fortified sugars and tracks the emergence of market players.
In this research study, a slew of factors have been addressed and analyzed to assess an accurate forecast on expansion of the global fortified sugar market. Production techniques, and their association in lowering the manufacturing costs, boosting the productivity and widening the profit margins have been examined. New fortification technologies emerging in the food industry have been gauged to understand their market penetration potential for the forecast period.
Global fortified sugar supply chain has been analyzed thoroughly, and leading distributors of fortified sugars have been categorically ranked. Lucrative markets for cost-effective procurement of raw sugar and other fresh micronutrients have been identified. Valuable information across such levels have been provided in the report, the availing of which is of great advantage for fortified sugar manufacturers based across the globe.
Key Advantages of Report
In order to cater to the concerns of global market players, the report has been developed by procuring information derived from constant dialogues conducted between analysts and leading producers. This report explores every major business function associated with production and consumption of fortified sugars.
- an unparalleled industry knowledge that broadens market understanding
- global perspective gleaned from key market players
- insights that lay foundation for pragmatic and unbiased actions
The report further delivers objective assessment of buyer-seller landscape in the global fortified sugar market. By representing the researched data and analysis in the form of a systematic data collection document, this study holds the power to deliver credible information of target consumers, competitive environment, strategy-oriented undercurrents, and estimated market evaluations.
Country-based expansion of the global fortified sugar market is also provided in the report. Additional information on cross-segmental analysis is another key feature of this forecast study.
Detailed Competition Assessment
Industry specialization methods have been employed to acquire inputs from key players. Authentic databases have been used for sourcing information about recent strategic developments of each market player. Dynamics of the local, regional and global manufacturers have been interpreted.
First-hand information on future undertakings of competitors is also offered in the report. The competition landscape on global fortified sugar market has been illustrated in an unbiased manner. Assessing this substantiated information can be of great value for market players interested in treading ahead of their current market standings.
Global Market Study on Fortified Sugars: Drying to Represent Predominant Sugar Fortification Technology during 2017 - 2026Buy Now
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