Global Fortified Salt 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%.
Global Fortified Salt 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.
The latest research on the Fortified Salt market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Fortified Salt industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Fortified Salt market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Based on product type, double fortified salt is more beneficial with their delivery of crucial daily amount of iodine and iron, which dominating the market. Based on application, food and beverage industry dominated the fortified salt market owing to usage in food products, beverages and others. Based on distribution channels, owing to easy availability in grocery store with the discount price for the customer dominates the market.
Segmentation of Fortified Salt market:
By Type
By Application
By Distribution Channel
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Jan 03, 2024