Food Grade Iron Powder Market 2018- Revenue, Price and Gross Margin Research Report 2025

Industry Outlook and Trend Analysis

The Food Grade Iron Powder Market was worth USD 3.43 million in 2014 and is expected to reach approximately USD 5.72 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.85% during the forecast period.  Food Grade Iron Powder is ideal for use as a fortificant for various application and reasons. In selection procedure of iron compound as a food fortificant, the general goal is to locate the one that has more prominent absorbability i.e. the highest relative bioavailability in comparison and ferrous sulphate. Wide usage of food grade iron powder in various sub-verticals is anticipated to ascend in the estimate time frame.  Extensive uses in nutritious and dietary supplements, infant food products, dairy products, animal feeds and for crop protection in agricultural fragment makes it a conspicuous additive.

Drivers and Restraints

Iron deficiency is one of the world’s widespread micronutrient deficiencies among new-born children and youngsters matured between six months and two years. The usage of fundamental micronutrients in infant formulas is rising, attributable to rising purchaser inclination for nutritional fortification in infant formula and baby food products. Hectic schedules of working women, inappropriate care because of commitment and less time to kids, and inadequate consumption of nutrients by new-born children from breastfeeding, are required to develop the interest for infant formulas with essential nutrients.  Iron adequacy is vital for typical human growth & development. The early iron supplementation ought to be addressed with the quickly developing child’s requirement for haemoglobin and tissue iron for development.

Market Segmentation

The Food Grade Iron Powder Market is segmented on the basis of type and end user. Based on type the market is Iron Compounds and Elemental Iron. The iron compounds such as ferrous fumarate, ferrous gluconate, ferrous sulphate and other is foreseen to be the most attractive segment in the upcoming years. Based on end use the market is segmented into Animal Feed, Food & Beverages, Agriculture and others out of which the food & beverages section is leading and is anticipated to continue its dominance throughout the forecast period

Regional Outlook and Trend Analysis

The populace in Asia Pacific and MEA district is exceptionally susceptible to lessen the intake of iron inferable from higher density of population in rural zones, high consumption of junk food, low awareness regarding daily dietary requirements, inadequate care given to infants with limited compliance to dietary recommendations, menstrual losses and so forth., all resulting in low iron ingestion by body for compelling working and metabolism. Consequently, based on locale, the market in APAC is anticipated to dominate over the estimate time frame trailed by MEA.

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Competitive Insights

The major players in the market are Yara International Ltd., BASF SE, Compass Minerals International Inc., Agrium Inc., Höganäs AB, AkzoNobel N.V, DowDuPont Inc., Bayer AG, Syngenta International AG, Ashland Global Holdings Inc., Spectrum Chemical Manufacturing Corp and Micnelf USA Inc. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Food Grade Iron Powder Market is segmented as follows-

By Type:

  • Iron Compounds
  • Elemental Iron

By End User:

  • Animal Feed
  • Food & Beverages
  • Agriculture
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • South Africa
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

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Table of Contents:

1. Introduction

1.1. Report Description

1.2. Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

2. Executive Summary

2.1. Key Highlights

3. Market Overview

3.1. Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities Emerging Markets to Offer Lucrative Growth Opportunities

4. Market Analysis by Regions

4.1. North America (United States, Canada and Mexico)

4.1.1. United States Market States and Outlook (2014-2023)

4.1.2. Canada Market States and Outlook (2014-2023)

4.1.3. Mexico Market States and Outlook (2014-2023)

4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1. Germany Market States and Outlook (2014-2023)

4.2.2. France Market States and Outlook (2014-2023)

4.2.3. UK Market States and Outlook (2014-2023)

4.2.4. Russia Market States and Outlook (2014-2023)

4.2.5. Italy Market States and Outlook (2014-2023)

4.2.6. Rest of Europe Market States and Outlook (2014-2023)

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