Research Methodology – Food Fortification Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Food Fortification Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Food Fortification Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share:
- Volume of fortified foods being produced and sold globally.
- Revenue generated by the sale of fortified foods.
- The existing major players in the market and their market shares.
- Demand and supply indicators of fortified foods in various regions.
- Annual growth rate of the fortified food industry.
- Consumption rates of fortified foods in different regions.
- The rate of technological advancements in the food fortification process.
- Government policies and regulations influencing the market.
Key Market Indicators:
- Increased awareness and understanding of malnutrition and micronutrient deficiencies among people.
- Government support towards the consumption of fortified foods.
- Increasing demand for nutrition-rich food products.
- Changes in Food and Agriculture Organization (FAO) and World Health Organizations' (WHO) guidelines on food fortification.
- Increasing research and development activities in the sector.
- Upcoming technological advancements in food fortification.
- Consumer trends and acceptance towards fortified foods.
Growth Trends:
- Increasing adoption of fortified foods due to rising health consciousness among consumers.
- Growth in demand for fortified baby foods and dietary supplements.
- Emergence of innovative fortification methods and technologies.
- Increasing investment in research and development.
- Expansion of fortified food market in developing countries.
- Shift towards organic and natural fortified foods.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Food Fortification Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Food Fortification Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights