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Paints and Coatings Market Insights On Future Scope 2027 – Akzo Nobel, Asian Paints Limited, Axalta Coating Systems, Hempel, Kansai Paint

Jun 21, 2019

The Insight Partners reports titled “The Paints and Coatings Market” and forecast to 2027 gives a detailed analysis of the market with key company profiles. The Paints and Coatings market is evaluated based on two segments i.e., by type and application and covers essential statistics and details for current and future market scenarios. The report actively includes informative aspects relating to product developments, launches, and trends, to assist market players, shareholders, and investors in strategic decision making.


Fortification is the process of improving the nutritional value of the product by the addition of vitamins, minerals and other nutrients. Vitamin A, vitamin D and iron are mostly used for fortification in dairy products. Dairy products are often fortified to reduce the rate of diseases and deficiencies that are especially common among kids. In addition, fortification in milk helps in improving the calcium absorption rate and maintain its level in blood. Other dairy products like cheese, butter and yogurt also undergo fortification to enhance their nutritional value. Pregnant women are often advised to consume milk fortified with folic acid for their good health.


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The report also puts forward the current and future market scenario derived precisely from a thorough analysis of the markets across five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The exhaustive PEST analysis is done for each region to assess major external factors which may influence the Paints and Coatings Market in the coming years.


The market study also includes the key drivers expected to boost the market growth and restraining factors along with future opportunities during the forecast. The Paints and Coatings Market is likely to showcase symbolic growth opportunities owing to growing demands for Paints and Coatings across the globe. The market report highlights top ten companies’ operation strategy in the market through a descriptive SWOT analysis of each company, business overview, products and services, financial statements of last three years, and key developments and product launches by the company in recent years. 


The global players operating in The Paints and Coatings Market profiled in the report covers: 


  • Arla Foods Ltd
  • China Modern Dairy Holdings Ltd.
  • Dean Foods
  • Fonterra Co-operative Group 
  • FrieslandCampina
  • Guangming Dairy Co., Ltd.
  • Gujarat Cooperative Milk Marketing Federation Ltd.
  • Nestle S.A.
  • SanCor Cooperatives United Limited
  • The Kraft Heinz Company


The insights also cover the production, value, market share, and growth rate of these top manufacturers and investigate the competitive landscapes for a better understanding of the market scenario. The report is intended to help the readers develop a practical and intelligent approach to market dynamics and exploit opportunities accordingly.


The fortified dairy products market is anticipated to grow in the forecast period owing to driving factors such as rising disposable incomes and improved living standards leading to the inclusion of fortified food products in the diet. Several health benefits associated with the product have gained traction among nations suffering from vitamin D deficiency and malnutrition problem, thereby, propelling the growth of the fortified dairy products market. However, price affordability among major economic and lower middle-class segment is a major restraint for the fortified dairy products market. Nonetheless, growing awareness and popularity of the product among emerging economies would yield lucrative opportunities for the fortified dairy products market and the major players involved during the forecast period.


The global fortified dairy products market is segmented on the basis of product type, micronutrient and sales channel. Based on product type, the market is segmented as milk, milk powder and formula, flavored milk, cheese, dairy based yogurt, others. On the basis of the micronutrient, the market is segmented as vitamins, minerals and others. The market on the basis of the sales channel, is classified as modern trade, convenience stores, departmental stores, drug stores, online stores and others.


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