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Food Grade Iron Powder Market Size
- Report ID: GMI12079
- Published Date: Oct 2024
- Report Format: PDF
Food Grade Iron Powder Market Size
The global food grade iron powder Market size was valued at USD 5.7 billion in 2023 and is estimated to grow at a CAGR of over 5.9% from 2024 to 2032, fueled by heightened awareness of nutritional deficiencies and the critical role of food fortification. Particularly in developing nations, iron deficiency has spurred a surge in demand for iron-fortified foods. This demand is further amplified as governments roll out mandatory iron fortification programs to address iron-deficiency anemia.
For instance, according to the World Health Organization (WHO), over 30 countries have implemented mandatory iron fortification programs. Concurrently, in developed regions, a rising health consciousness has led to a surge in popularity for dietary supplements, notably those based on iron.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Food Grade Iron Powder Market Size in 2023: | USD 5.7 Billion |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2024 – 2032 CAGR: | 5.9% |
| 2024 – 2032 Value Projection: | USD 9.6 Billion |
| Historical Data for: | 2021-2023 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 172 |
| Segments covered: | Product Type, Application, Distribution Channel |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Food Grade Iron Powder Market Scope
