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Published July, 2018
South America Food Fortifying Agents Market- Size, Trends, Competitive Analysis and Forecasts (2019-2024)

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The South America Food fortifying agents market is currently leaning towards a growth phase. Growing awareness about the ill effects and nutritional imbalance of modern day diets and increasing purchasing power has created a strong demand for fortified foods. Moreover, efforts from the Government to reduce malnutrition in developing nations has boosted the usage of fortifying agents in food. Distresses concerning rising obesity especially among the younger population is another demand driving factor for the increased inclination towards fortified food products. The food fortifying agent market in South America is forecasted to grow at a CAGR of 5.5% during 2019-2024.  

Cereal-based and dairy-based fortified foods segment accounts for major market share in South America. Fortified beverages and bakery are forecasted to be the fastest growing segments. Fortified infant formula and dietary supplements are the opportunity segment in the region.

The South America food fortifying agents market is segmented by type into minerals, vitamins, carbohydrates, lipids, prebiotics, probiotics, and other types. The vitamin segment accounts for major market share largely due to the push from Governments to reduce malnutrition and public awareness about the diseases arising from vitamin deficiency. Minerals are the other most used agent to fortify food and beverages.

Brazil accounts for the largest market share and also is forecasted to be the fastest-growing market for food fortifying agents. Argentina, Colombia, and Peru provide growth potential to the manufacturers. Major players in the market are Cargill Incorporated, DSM, Nestle SA, Kerry Inc., among others. The major players are focused on strengthening the distribution channel and marketing to create more awareness about fortified food among the masses.

Key Deliverables

  • Market trends since 2015 and five-year forecasts of market growth 
  • Detailed analysis of the micro and macro elements influencing demand trends
  • Identifying opportunity spaces across segments and countries  
  • Supply & demand side trend and analysis
  • Price trend analysis, investment prospects and competition pattern
  • Insights on the growth potential of the market in key countries 
  • Detailed analysis of major producers covering financial investments & strategies adopted
  • Competitive landscape of the industry

 

1. Introduction                                                                                     

          1.1 Research Methodology                                                                     

          1.2 Scope of the Study                                                                          

          1.3 Assumptions                                                                         

2. Summary                                                                               

          2.1 Market Summary By Type                                                                          

          2.2 Market Summary By Application                                                                            

          2.3 Market Summary by Geography                                                                            

3. Industry Dynamics                                                                            

          3.1 Drivers                                                                       

                   3.1.1 Growing focus of middle aged population on preventive healthcare                 

                   3.1.2 Increasing awareness about health benefits of fortified foods                         

                   3.1.3 Demand pull from dietary supplements industry                                 

                   3.1.4 Innovations and product line expansion in food & beverage industry                

          3.2 Restraints                                                                   

                   3.2.1 Costly R&D process                                                             

          3.3 Opportunities                                                                        

                   3.3.1 Focus to eradicate malnutrition in Asia                                                        

                   3.3.2 Upward Demand in Emerging Economies                                           

          3.4 Porter’s Five Forces Analysis                                                                       

                   3.4.1 Bargaining power of Suppliers                                                         

                   3.4.2 Bargaining power of Buyers                                                            

                   3.4.3 Degree of Competition                                                         

                   3.4.4 Threat of Substitution                                                          

                   3.4.5 Threat of new entrants                                                                  

          3.5 Future Trends in the Industry                                                                      

          3.6 Value Chain Analysis                                                                        

          3.7 Industry Policies & Regulations                                                                    

          3.8 Market Innovations                                                                         

4. Market Size and Forecast                                                                             

          4.1 Market Share, by Types                                                                   

                   4.1.1 Minerals                                                         

                   4.1.2. Vitamins                                                                 

                   4.1.3 Carbohydrates                                                          

                   4.1.4 Lipids                                                            

                   4.1.5 Prebiotics & Probiotics                                                         

                   4.1.6 Others                                                           

          4.2 Market Share, By Application                                                                      

                   4.2.1 Cereals & Cereal-Based Products                                                      

                   4.2.2 Dairy & Dairy Products                                                         

                   4.2.3 Beverages                                                                

                   4.2.4 Fats & Oils                                                               

                   4.2.5 Bulk Food Items                                                                 

                   4.2.6 Infant Formula                                                          

                   4.2.7 Dietary Supplements                                                            

                   4.2.8 Others                                                           

5. Country Market Share                                                                                  

          5.1 South America                                                                       

                   5.1.1 Brazil                                                             

                   5.1.2 Argentina                                                                 

                   5.1.3 Colombia                                                                 

                   5.1.4 Others                                                           

6. Competitive Analysis                                                                                   

          6.1 Market Share Analysis                                                                      

          6.2 Growth Strategies of leading players                                                             

          6.3 Investment and Development Prospects                                                                 

                   6.3.1 Investment in past five years                                                          

                   6.3.2 Investment Opportunities                                                               

          6.4 Competition Pattern                                                                         

                   6.4.1 Concentration Ratio                                                             

                   6.4.2 Industry Competition                                                           

          6.5 Price Trend Analysis                                                                         

                   6.5.1 Product Classifications and Their Prices                                    

                   6.5.2 Factors Influencing Prices                                                               

7. Company Profiles                                                                              

          7.1 Cargill Inc.                                                                            

          7.2 E. I. Du Pont De Nemours and Company                                                                

          7.3 Royal DSM                                                                           

          7.4 BASF SE                                                                     

          7.5 Archer Daniels Midland Company                                                        

          7.6 Nestle SA                                                                    

          7.7 Ingredion Incorporated                                                                    

          7.8 Arla Foods                                                                            

          7.9 Tate & Lyle PLC                                                                    

          7.10 CHR. Hansen Holdings A/S                                                                        

          7.11 Kerry Group PLC                                                                            

          7.12 Associated British Foods PLC                                                                     

Appendix                                                                                   

          Sources                                                                           

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