The report presents an in-depth assessment of the Middle East and Africa Food Fortifying Agent including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Middle East and Africa Food Fortifying Agent investments from 2021 till 2025.
The Middle East and Africa food fortifying agents market is growing at a CAGR of 4.1% during the forecast period 2020 – 2025.
The Middle East and Africa Food Fortifying Agent market is highly competitive and consists of a number of major players. Companies like BASF SE, Tate & Lyle PLC, Glanbia PLC, Ingredion Incorporated, Chr. Hansen Holding AS, Koninklijke DSM NV, Africa Improved Foods Rwanda Limited Amongst Others.
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Scope of the Report:
– The market is mainly driven by the increasing health-consciousness among the consumers and the multi-benefits of food fortifying agents. In addition, the rise in aging populations and the growing health concerns have led to large-scale adoption of food fortifying agents for various applications.
– However, increasing raw material cost and competition among raw material suppliers along with regulations regulating the production of use of food fortifying agents are one of the factor that is restraining the growth of the market.
Key Market Trends:
Rising Demand for Prebiotics & Probiotics Fortified Food in the Region
The demand for prebiotics and probiotics fortified food market has witnessed significant growth, owing to the rising awareness regarding gut-related disorders related to digestion, intestinal tracts, etc., the connection between diet and health, and food fortification, that has been supported through nutritional education campaigns across the countries of the Middle East and Africa. In addition, several organizations, such as Yoba-for-Life, Heifer International, and Joma Kenyatta University of Agriculture and Technology are working on probiotic strains and product development.
Furthermore, owing to the growing demand, manufacturers operating in the market are focusing on developing products with enhanced functional benefits to achieving a competitive advantage in the market. For instance, in 2019, ProVen Probiotics launched its range of products in South Africa which include Acidophilus & Bifidus with A-Z Multivitamins for Children, with a combination of 100% of the recommended daily allowance, having zero artificial colors, flavors or preservatives.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Middle East and Africa and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Middle East and Africa Food Fortifying Agent Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
Finally, Middle East and Africa Food Fortifying Agent Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Key points in this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Middle East and Africa and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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