Global Fortified Snacks Market to Reach a Value of USD 96.48 billion

 Fortified snacks market size is valued at USD 96.48 billion by 2028 and is expected to grow at a compound annual rate of 7.60% in the forecast period 2021 to 2028. The increase in the consumption of nutritious products and protein-rich food is the factor for the fortified snacks market in the forecast period of 2021 to 2028.

Fortified snacks are those that have high nutrients added to them that do not naturally occur in the food. These snacks are meant to improve nutrition and add health benefits.

The major growing factor towards fortified snacks market is the increasing health concerns coupled with increasing disease occurrences. The prime factor driving the demand for fortified snacks is the rising consumer’s disposable income which motivates them to spend more on healthy food products. Furthermore, the growing demand for this category of foods is also heightening the overall demand for fortified snacks market over the forecast period of 2021 to 2028. Moreover, the rising purchase of nutrition products as well as increasing prevalence of nutritional deficiencies, mainly in the developing world also serves as foremost drivers for increasing the demand for fortified snacks market at a global level. In addition, the increasing consumption by adults and the old age population are also lifting the growth of the fortified snacks market.

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