Fortified Dairy Products Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Fortified Dairy Products Market is segmented By Product (Milk, Yogurt, Cheese, Cream, Ice-cream), By Ingredients (Vitamins, Minerals, Probiotics, Omeg....
Fortified Dairy Products Market Size
Market Size in USD
CAGR8.2%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 8.2% |
| Market Concentration | High |
| Major Players | Nestlé S.A., Dean Foods Company, General Mills Inc., Arla Foods UK Plc., Danone, BASF SE |
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Fortified Dairy Products Market Analysis
The Global Fortified Dairy Products Market is estimated to be valued at USD 117.4 Bn in 2024 and is expected to reach USD 221.2 Bn by 2031, growing at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031. Consumers are increasingly conscious about their health and nutrition. Fortified dairy products provide essential vitamins and minerals which help address deficiencies. The fortified dairy products market is expected to grow steadily over the forecast period. Rising awareness about benefits of consuming nutrient-rich food is driving the demand. Products such as fortified milk, yogurt and cheese are gaining traction. Manufacturers are introducing new variants with customized fortification formulas to cater to diverse consumer needs. The market is also supported by growing focus on preventive healthcare and lifestyle diseases.