According to the current analysis of Introspective Market Research, the global Fortified Salts Market was valued at USD 5.29 Billion in 2021 and is expected to reach USD 9.30 Billion by the year 2028, at a CAGR of 8.4%.
Iron Deficiency Anemia (IDA) and Iodine Deficiency Disorder (IDD) contribute to the micronutrient deficiencies of public health significance over the world, prominently in the emerging and under-developed countries. For instance, as per the TATA Trust India, the trusts reinforced DFS interference in the government's mid-day meal, Integrated Child Development Services, and Public Distribution Services Program have benefited over 68 million people from India. Salt is an ideal carrier for micronutrient fortification and micronutrients such as iodine and iron can be launched through salt, which ingested by an individual provides various nutritional benefits, this micronutrient added salt is called fortified salt.
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Leading companies reviewed in the Fortified Salt Market report is:
Cargill Incorporated,Tata Chemicals,China National Salt Industry,United Salt Corporation,Kutch Brine Chem Industries,Sambhar,AkzoNobel,Schweizer Salinen,Ankur Salt,Windsor Salt,Annapurna Salt,Bajaj Salt,Super Salt,Shreeram Chem Food,Saboo Sodium Choro,Ahir Salt Industries,Hindustan Salt,Compass Minerals,Tamil Nadu Salt Corporation and other major players.
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Key Chapter Will Be Provided In The Report
· Patent Analysis
· Regulatory Framework
· Technology Roadmap
· BCG Matrix
· Heat Map Analysis
· Price Trend Analysis
· Investment Analysis
· Company Profiling and Competitive Positioning
· Industry Value Chain Analysis
· Market Dynamics and Factors
· Porter’s Five Forces Analysis
· Pestle Analysis
· SWOT Analysis
Extensive consumer tendency towards nutritive food along with growing cases of malnutrition witnessed among the adults as well as children over the developing countries will be expected to generate lucrative growth avenues for fortified salts industry during the forecast period. In addition, the surge in the cases of anemia as a result of iron deficiency is probably to turn the market growth trends. The large-scale sale of fortified salts due to humungous requirements for preserving food is expected to favorably impact the intake of packaged & processed food, thereby steering the growth of the fortified salts industry during the projected period.
Segmentations Analysis of Fortified Salt Market
By Type
· Iodine
· Iron
· Double Fortified Salt
By Application
· Food Processing
· Household
· Animal Feed
· Hospitality & Services
· Others
By Distribution Channel
· Hypermarket/Supermarket
· Grocery Stores
· Online
· Others
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Regional Insights:
o US
o Canada
o Mexico
· Eastern Europe
o Bulgaria
o The Czech Republic
o Hungary
o Poland
o Romania
o Rest of Eastern Europe
· Western Europe
o Germany
o UK
o France
o Netherlands
o Italy
o Russia
o Spain
o Rest of Western Europe
· Asia Pacific
o China
o India
o Japan
o South Korea
o Malaysia
o Thailand
o Vietnam
o The Philippines
o Australia
o New Zealand
o Rest of APAC
· Middle East & Africa
o Turkey
o Bahrain
o Kuwait
o Saudi Arabia
o Qatar
o UAE
o Israel
o South Africa
· South America
o Brazil
o Argentina
o Rest of SA
Important Features that are under offering & key highlights of the report:
· The primary objective is to underline the competitive structure of Global Fortified Salt Industry.
· The research includes study of several small to medium-sized companies that compete with each other and large enterprises.
· Which segment has the potential to gain the highest market share?
· Identifying Untapped Geographic Market Territory with growth Potential of Fortified Salt Market
· Identify regional factors impacting production studied at Global scale.
· Insights on Regulatory & Economic policies by geography giving ease to Market entry.
· What product features & benefits offered by Industry players studied and broken down by diverse group of customer class.
· Correlate cost structure historical data with key business segments
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