Market Research Future (Food and Beverages) Fortified Cereal Market Forecast to 2023 Available
Fortified Cereal Market: Global Survey,
Trends, Outlook, Overview and 2023
Forecast
Market Research Future published a Half Cooked Research Report on Global Fortified Cereal Market
which is estimated to grow at a CAGR of 7.8% after 2023
Market Overview
Fortified food offers extra micronutrients which includes essential trace elements and different vitamins.
Fortified food is a completely commercial choice to add extra nutrients in the food. Fortified food offers
various end users. According to FAO, the most common fortified foods are cereals and cereal based
products. Fortified cereal offers various benefits. Fortified cereal finds massive application in the various
breakfast products.
Market Forecast
The global fortified cereal market is witnessing an impressive growth over the last few years. With the
changing lifestyle and evolving dietary pattern, convenience food plays an important role in defining the
consumers’ food choices in the modern world. Fortified cereal offers low calorie and high nutritional value
for that, fortified cereals are massively used as a breakfast cereal. Due to the rising awareness of healthy
breakfast, manufacturers of ready to eat food products and foodservice companies are using fortified
cereal. A large number of innovative and flavored fortified cereals are launched by the key players in the
market which is anticipated to positively influencing the demand of fortified cereals especially in the
developing economies. Fortified cereal manufacturers find a massive opportunity to come in collaboration
with the various organized food service companies in order to spread their presence across the globe
Downstream Analysis:
Rice segment is estimated to account for major market proportion in the global fortified cereal market.
However, wheat segment is projected to expand at a high pace during the forecast period of 2017-2023.
Vitamin segment is estimated to account for maximum market proportion during the forecast period of
2017 to 2023. Mineral segment is also estimated to register steady growth in the near future. Store based
distribution channel accounts for the maximum market share in the global fortified cereal market. Among
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