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South America Vitamin Fortified & Mineral Enriched Food & Beverage Market Analysis

South America Vitamin Fortified and Mineral Enriched Food and Beverage Market is projected to grow at a CAGR of 7.1% during the forecast period (2020-2025).

• Fortification is the process of adding a nutrient or ingredient that was not found naturally in that product. In Brazil and other South American regions, obesity rates have increased over time. Therefore, to improve the health condition of the people, significant progress in food fortification has been targeted and achieved.
• Food fortification is attractive because it does not require the target groups to change their diet but can be implemented by the food industry, and because it reaches large numbers of consumers through retail. Expenditure on health goods and services is expected to grow significantly and simultaneously, as consumers in this group take more care of their physical condition.

South America Vitamin Fortified & Mineral Enriched Food & Beverage Market Trends

This section covers the major market trends shaping the South America Vitamin Fortified & Mineral Enriched Food & Beverage Market according to our research experts:

Growing Popularity of Functional Beverages

South America Vitamin Fortified & Mineral Enriched Food & Beverage Industry Segmentation

South America's vitamin fortified and mineral enriched food and beverage market is segmented by product type, distribution channel, and geography. On the basis of product type, the market is segmented into cereal-based products, dairy products, beverages, infant formulas, others. Based on the distribution channels, the market is segmented into supermarket/hypermarket, convenience stores, pharmacy/drug stores, online retail stores, and others. The study also involves the analysis of regions such as Brazil, Argentina, and the rest of South America.