Global Fortified Beverage Market Overview:
The global fortified beverage market is expected to grow at a slow pace during the forecast period, according to the AMA study. increasing health concerns relayted to age, myopia in adults, and other diseases, and the growing consumption of vitamin enhanced products are expected to be some of the major factors aiding into the growth for the market. However, the market is expected to witness a slight decline in the growth during the next few years but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
The Rising Global Expenditure on Healthy Food & Beverages Propelled by Rising Disposable Income
Market Growth Drivers:
Increasing Health Concerns Related to Age, Myopia in Adults and Other Diseases and The Growing Consumption of Vitamin Enhanced Products
Challenges:
Challenges Due to Lack of Transportation & Logistics Due to Lock-Down of Different Sectors Across the World
Restraints:
The Outbreak of COVID-19 Pandemic is one of the Major Restraints for the Market as Most of the Industries have been Facing Economic Crisis Across the World
Opportunities:
Growing Awareness Related to Nutrient Deficiencies Including Vitamin A, Vitamin D, Iron, and Iodine
Competitive Landscape:
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time.
Some of the key players profiled in the report are Danone SA (France), Nestle SA (Switzerland), The Coco Cola Company (United States), The Boots Company PLC (United Kingdom), Tropicana Products Inc. (United States), General Mills, Inc. (United States), Abbott Laboratories (United States), Sanitarium Health and Wellbeing Company (New Zealand), Karma Wellness Water (United States) and Califia Farms (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Fortified Beverage market by 2027. Considering Market by Distribution Channel, the sub-segment i.e. Hypermarkets will boost the Fortified Beverage market. Considering Market by Mixture, the sub-segment i.e. Alcoholic will boost the Fortified Beverage market.
Stringent Worldwide Government Regulations Regarding Shutting Down the Production & Services Across Different Countries of the World to Avoid the Spread of COVID-19
What Can be Explored with the Fortified Beverage Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Fortified Beverage Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Fortified Beverage
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fortified Beverage market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Fortified Beverage market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.