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Fortified Rice Market Set for High Growth Globally 2025-2033


 

Report Overview

The global Fortified Rice Market was valued at US$ 21.12 billion in 2024, and is projected to reach US$ 33.28 billion by 2032, growing at a CAGR of 5.85% during the forecast period 2025-2032.

The market is driven by rising demand for nutrient-enhanced staples in developing regions. Key factors include anemia prevalence and government welfare programs.

The fortified rice market encompasses minerals and vitamins added via extrusion and coating.

Asia-Pacific and Africa lead due to malnutrition initiatives.

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Key Highlights

Market Growth: The global fortified rice market is expected to grow from US$ 21.12 billion in 2024 to US$ 33.28 billion by 2032 at a CAGR of 5.85%.

Asia-Pacific’s Dominance: The region holds the largest market share in 2024, driven by rice consumption.

Minerals Lead: The segment accounts for major share, fueled by iron deficiency efforts.

Technological Advancements: Extrusion tech maintains taste while adding nutrients.

Key Applications: Food aid and school meals combat micronutrient gaps.

Major Players: Companies like LT Foods and Cargill lead fortification innovations.

Market Dynamics

Drivers: Rising Chronic and Genetic Diseases

Prevalence of anemia affects 40% of children globally, driving fortified rice adoption.

India's programs reach 400 million via PDS and PM-POSHAN.

Institutional channels ensure steady demand in welfare schemes.

Functional foods trend boosts residential uptake.

Restraints: High Costs

Lack of long-term efficacy research erodes consumer trust.

Without robust data, adoption hesitates in health markets.

Regulatory approvals demand evidence, limiting expansion.

Funding favors proven interventions over fortified staples.

Segmentation Analysis

By Product Type

The market is segmented into minerals, vitamins, and others, with minerals holding largest share.

Iron and zinc address bone health and immunity.

Vitamins like B12 target birth defects.

By Technique

Techniques include drying, extrusion, and coating encapsulation.

Extrusion integrates nutrients without texture change.

Coating ensures safety and efficacy.

By Application

Applications cover commercial food aid and residential use.

Commercial dominates with school distributions.

Residential grows with health awareness.

By End User

End users include commercial institutions and households.

Welfare programs lead volume.

Households prefer flavored varieties.

Geographical Analysis

North America: Included in Analysis

North America contributes to the global fortified rice market through functional food trends.

Demand rises for nutrient-enhanced imports.

Health initiatives support micronutrient focus.

Other Regions

Asia-Pacific dominates with 700 million tonnes rice consumption by 2025.

India extends free distribution to 2028 with US$2.05 billion.

Africa grows via Kenya's 2024 launch and Senegal's school program.

Major Companies

Key players driving the market include:

  • LT Foods

  • Cargill Incorporated

  • BASF SE

  • DSM

  • Oliria Foods & Beverages Limited

  • Sarwafood

  • Relishum Foods LLP

  • Shivshakti International

  • Christy Friedgram Industry

  • Balaji Rice Industries Private Limited

Recent Developments

June 2024: Capwell Industries launched fortified rice in Kenya with vitamins and iron.

October 2024: India approved extension of free fortified rice to 2028.

October 2024: Senegal started school fortified rice with WFP.

January 2023: Panchamrutha introduced South India's first fortified rice.

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Report Scope

Metrics

CAGR: 5.85%

Market Size Available: 2022-2032

Forecast Period: 2025-2032

Revenue Units: US$ Billion

Segmentation

Product Type: Minerals, Vitamins, Others

Technique: Drying, Extrusion, Coating, Others

Application: Commercial, Residential

End User: Institutions, Households, Others

About DataM Intelligence

DataM Intelligence 4Market Research is a leading market intelligence platform offering syndicated and customized reports across industries like biotechnology, healthcare, and pharmaceuticals. With comprehensive insights, statistical forecasts, and a strategy-centric approach, DataM Intelligence supports businesses in bringing innovations to market.

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