To succeed in this promptly changing market place, businesses must take up the market research report solution such as Fortified Beverages Market research report. Businesses can achieve unrivalled insights and acquaintance of the best market opportunities into their respective markets with the help of this market report. The market study carried out in this report analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors in the industry. The attention on the overwhelming players Danone, Nestle, The Coco Cola Company, Abbott, The Boots Company PLC, Tropicana Products, Inc., General Mills Inc, Kraft-Heinz, Inc., Land O’Lakes, Inc., Procter & Gamble, PepsiCo, RED BULL, Monster Energy Company, JAB Holding Company, GNC Holdings, LLC, Hain Celestial, Fonterra Co-operative Group Limited, Amway India Enterprises Pvt. Ltd., CSC BRANDS, L.P., Kellogg Co. among other domestic and global players.
The fortified beverages market is expected to witness market growth at a rate of 9.50% in the forecast period of 2021 to 2028 and is expected to reach USD 20.40 million by 2028. Data Bridge Market Research report on fortified beverages market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growth in health consciousness among consumers is escalating the growth of fortified beverages market.
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Fortified Beverages Market Scenario:
Fortified beverages refer to the type of beverages that assist in providing extra micronutrients including essential trace elements and some different vitamins. The process of fortification of beverages generally incorporates addition of micronutrients to beverages which are consumed by consumers of different age groups worldwide. These drinks are available in various forms such as fruit juices, energy drinks, flavored powder drinks, sports drinks, flavored milk, mineral water and soft drinks among others. Vitamin fortified and enriched mineral drinks are known to possess medicinal properties that also provide healing benefits.
The rising number of health-conscious consumers especially in developing nations and enhancement of lifestyle in developing economies act as the major factors driving the growth of fortified beverages market. The growing initiatives taken by some organizations such as the World Health Organization (WHO) and Food & Agriculture Organization (FAO) with the purpose of eliminating the occurrence of malnutrition and the rise in demand for convenience food products owning to the hectic or busy lifestyles of people…