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Food Minerals Market Size
- Report ID: GMI3202
- Published Date: Sep 2023
- Report Format: PDF
Food Minerals Market Size
Food Minerals Market size is anticipated to record over 5.9% CAGR from 2023 to 2032, due to the shifting inclination to transparent and healthier food choices. The rising consumer focus on seeking food products with clean labels, including natural and minimally processed minerals and mineral-rich ingredients will stimulate the industry expansion. With the growing demand for functional and fortified foods, several manufacturers are fortifying wide range of products with essential minerals for catering to consumers requiring nutritionally enhanced options.
The increasing importance of personalized nutrition has also compelled several companies to explore ways for customizing mineral fortification for meeting specific nutritional needs and preferences of individual consumers, adding to the industry growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5.9% |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 385 |
| Tables, Charts & Figures: | 469 |
| Segments covered: | Product and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Food Minerals Market Growth Drivers & Restraints
The surging consumer awareness along with the growing regulatory support will drive the industry development. For instance, in June 2022, the U.S. FDA launched Supplement Your Knowledge, its new education initiative for broadening the public understanding of dietary supplements. However, the higher costs of mineral extraction processes and the challenges related to research and clinical trials may hamper the demand for food minerals to considerable extent.
Frequently Asked Questions (FAQ) :
Food Minerals Market Scope
