Calcium Fortified Food Market: Benefits, Trends, and Why Consumers Are Demanding More
According to a research report published by Spherical Insights & Consulting, The Global Calcium Fortified Food Market Size is Expected to Grow from USD 3.01 Billion in 2023 to USD 5.12 Billion by 2033, Growing at a CAGR of 5.46% during the forecast period 2023-2033.
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Foods that have been supplemented with calcium to help address nutrient deficiencies and improve overall health are known as calcium-fortified foods. Dairy products, plant-based substitutes, cereals, snacks, and drinks are among these goods. The goal of the fortification is to maintain proper calcium intake, prevent osteoporosis, and promote bone health, especially in areas with limited natural sources or dietary limitations. The market for foods fortified with calcium is expanding due to several important considerations. Owing to growing health concerns about calcium shortage among the elderly worldwide, foods fortified with calcium are becoming more and more popular. Since it is possible to treat calcium inadequacies, calcium-fortified foods are becoming more and more popular as a result of rising food consumption and health consciousness. To address enduring health issues brought on by a health deficiency and to give practical solutions for public safety, governments are pressuring researchers. However, the high cost of adding calcium to the products can significantly affect production costs, which in turn affects price and profitability, making it one of the main challenges facing the market for calcium-fortified foods.
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.
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The conventional segment is dominating the market with the largest market share of the global calcium fortified food market during the forecast period.
Based on its nature, the calcium fortified food market is classified into organic and conventional. Among these, the conventional segment is dominating the market with the largest market share of the global calcium fortified food market during the forecast period. There is a greater need for fortified plant-based alternatives due to the rising popularity of veganism and lactose sensitivity. Since calcium is necessary for strong bones, manufacturers are increasingly adding it to a variety of goods, including cereals, snacks, and juices, to appeal to health-conscious consumers.
The dairy & dairy alternatives segment is predicted to hold a significant market share in the global calcium fortified food market through the projected timeframe.
Based on the product, the calcium fortified food market is classified into bakery & snacks products, dairy & dairy alternatives, breakfast & cereals bars, baby food & infant formula, and others. Among these, the dairy & dairy alternatives segment is predicted to hold a significant market share in the global calcium fortified food market through the projected timeframe. The growing popularity of plant-based diets and lactose-free choices is driven by ethical and health concerns. To meet this need, companies such as Silk and Almond Breeze provide calcium-fortified soymilk and almond substitutes.
The hypermarkets & supermarkets segment is expected to grow at the highest market share in the global calcium fortified food market through the projected period.
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 expected to grow at the highest market share in the global calcium fortified food market through the projected period. Customers may readily locate and select from a huge number of calcium-fortified items, including dairy products, cereals, and beverages, owing to the wide range of products offered in these large retail formats.
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North America is expected to hold the largest share of the calcium fortified food market through the forecast period.
North America is expected to hold the largest share of the calcium fortified food market through the forecast period. The elderly population is becoming more conscious of the value of calcium in avoiding osteoporosis and the health of bones. The promotion of the consumption of foods fortified with calcium is largely the responsibility of governments and health organizations. The United States has enacted laws to promote the addition of calcium and other vital elements to staple foods. For instance, the Food and Drug Administration (FDA) of the United States establishes standards for food fortification to alleviate vitamin shortages in the general population.
Asia Pacific is predicted to grow at the fastest CAGR of the calcium fortified food market over the forecast period. Growing rates of calcium insufficiency and osteoporosis are serious issues, especially for older populations in nations such as China, South Korea, and Japan. The market is expanding as a result of the adoption of Western dietary habits and habits, such as the use of breakfast cereals and fortified dairy products. Furthermore, the demand for functional and fortified foods is being driven by the growing middle class and increased disposable incomes.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the calcium fortified food market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Major key players in the calcium fortified food market include 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 February 2023, Cargill Food Components and Bioindustrials intends to use its recently constructed production plant in Nellore, Andhra Pradesh, to increase its market share in South India. The expansion aims to provide new items and broaden the region’s customer base and distribution network.
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 2023 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
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