You are currently viewing India Food Fortification Premix Market to be Driven by Greater Awareness Towards Healthier Dietary Choices and the Active Government Initiatives to Fortify Food Staples to Combat Malnutrition in the Forecast Period of 2023-2028

India Food Fortification Premix Market to be Driven by Greater Awareness Towards Healthier Dietary Choices and the Active Government Initiatives to Fortify Food Staples to Combat Malnutrition in the Forecast Period of 2023-2028

The new report by Expert Market Research titled, ‘India Food Fortification Premix Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the India food fortification premix market, assessing the market based on its segments like type, form, sectors, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/india-food-fortification-premix-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

  • Historical Market Size (2022): 1345.35 metric tons
  • Forecast CAGR (2023-2028): 20.6%
  • Forecast Market Size (2028): 4139.24 metric tons

Micronutrient deficiency is a serious concern in India, especially among the poor. India was one of the first countries to stipulate that iodine be added to salt and Vanaspati be supplemented with Vitamin A. As individuals become more aware of healthier dietary options and active government programmes to fortify food staples to prevent malnutrition, the market in India is booming.

The adoption of FSSAI regulations for fortification in 2017 and its efforts to encourage the use of fortified staples has increased demand for premixes for this use in India, boosting the overall market growth.

Due to changing consumer preferences for functional foods among the urban population and a significant increase in the fortification of food staples such as edible oil, milk, wheat, rice, and salt that will be distributed through various government schemes in the country, the food fortification premix market is expected to grow significantly in the years ahead. Between 2021 and 2026, the Indian market is expected to increase at a CAGR of around 23%.

India Food Fortification Premix Industry Definition and Major Segments

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/india-food-fortification-premix-market

By type, the present report provides a segment-wise analysis of the market on:

  • Vitamin Premix
  • Mineral Premix
  • Other Premixes

By form, this report provides a segment-wise analysis of the market based on:

  • Powder Premix
  • Liquid Premix

Premixes used for fortification, that enhances the nutritional value of various food commodities, are commonly used in the following sectors:

  • Sports Nutrition and Dietary Supplements
  • Processed Foods
  • Food Staples
  • Infants/ Early Nutrition
  • Beverages

India Food Fortification Premix Market Trends

People looking for weight management solutions while maintaining a healthy lifestyle are increasingly turning to functional meals like protein drinks and bars, as well as a rising reliance on sports nutrition for fitness. Due to these factors, sports nutrition and dietary supplements are the second largest application sector in the market, following food staples, and are predicted to continue to develop steadily in the future years.

In 2012, 45 per cent of youngsters were identified with micronutrient deficiencies, including Vitamin A, B, and D, zinc, calcium, iron, and iodine, which accounted for the top seven. As a result, infant nourishment became an important application area that assisted the market’s expansion in India.

Key Market Players

The major players in the market are DSM Nutritional Products India Pvt. Ltd., Piramal Enterprises Ltd., P D Navkar Biochem Pvt. Ltd., Hexagon Nutrition Pvt. Ltd., Pristine Organics Pvt. Ltd., Fuerst Day Lawson (India) Pvt. Ltd., Manisha Pharmo-Plast Pvt. Ltd., AQC Chem-Lab Pvt. Ltd. and Global Calcium Pvt. Ltd. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.

Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.

Media Contact:

Company Name: Claight Corporation
Contact Person: John Millence, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
LinkedIn: https://www.linkedin.com/company/expert-market-research

Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.