Recent Business Report on Fortified Dairy Products Market by Emerging Trends, Share, Growth Rate, Opportunities And Market Forecast To 2027
The MarketWatch News Department was not involved in the creation of this content.
Sep 30, 2020 (AmericaNewsHour) —
The global fortified dairy products market is segmented by age type into kids, elderly and others; micronutrient type into vitamins and minerals; by product type into milk, yogurt, cheese and othersand by regions.According to the Organization for Economic Co-operation and Development which has recorded the rise in global consumption of dairy products from 411,173 thousand tonnes in 2015 to 435,805 thousand tonnes in 2019.This leads to the rise in demand for dairy products .Thisin turn drives the demand for the fortified dairy product market during the forecast period i.e. 2018-2027.
The fortified dairy product market is an enriched dairy product. In this process of enrichment or fortification consists of adding micronutrients such as minerals and vitamins to dairy products in order to reduce the deficiency in various age group of the consumers.